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Energy Development Company Limited
Share Price Target & Analysis

NSE:ENERGYDEV

23.34

VWAP

23.70

Open

23.15

Close

23.70

High

22.65

Low

36.80

52 Week High

23.25 ⇧
0.05 (0.22%)

ENERGYDEV

(POWER)
36.1% Momentum

Turnaround Potential

15.60

52 Week Low

-

EPS

22.52

PE

0.67

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: ENERGYDEV Share Price Financial Analysis & Valuation

Energy Development Company Limited (ENERGYDEV) is broadly categorized in POWER segment industry which deals in Power - Generation & Distribution vertical. It is one of Penny Stocks company with Market Capitalization of Rs 127.3 (in Cr). Total number of free float shares are 4.8 (in Lacs). Energy Development Company Limited is listed on NSE with Exchange ID - INE306C01019 and trading code is NSE:ENERGYDEV with short name Energy Dev.

In the past 1 year, Energy Development Company Limited has declared an equity dividend of Rs 0 per share. At the current share price of ENERGYDEV at Rs 23.25, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:ENERGYDEV, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine ENERGYDEV underlying value and future prospects. All of this data is available in ENERGYDEV financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:ENERGYDEV, it is clearly understood that ENERGYDEV is Uncertain performer in terms of earnings and profit margins with an EPS of -. NSE:ENERGYDEV book value per share as of today is 34.53. The current price to book ratio for ENERGYDEV as of May 18, 2024 is 0.67.

Valuation of the Stock: The current valuation of ENERGYDEV stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ENERGYDEV whether to BUY this stock at current valuation. The delivery percentage of ENERGYDEV is 58.98% is very crucial parameter which shows that 58.98% investors are anticipating that the price of ENERGYDEV share should go up with VWAP at 23.34.

Now, the main question is whether to BUY or SELL, NSE:ENERGYDEV at current valuation.
As per latest Analysis No. #1284:-

⇑ STRONG BUY ENERGYDEV if All Greens

⇗ BUY ENERGYDEV (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD ENERGYDEV (With Stop Loss) if only 1 Green

⇘ SELL ENERGYDEV if NO Green Indicator

NSE: ENERGYDEV Share Price Today (May 18, 2024)

(Energy Development Company Limited Daily Analysis on the basis of ENERGYDEV Intraday Graph & Trend)

Energy Development Company Limited share price moved Up by 0.22% from its previous close of Rs 23.15. ENERGYDEV stock last traded price is 23.25. ENERGYDEV share price trend is Up with a total of 21411 stocks traded till now. It has touched an intraday high of Rs 23.70 and an intraday low of Rs 22.65. The ENERGYDEV trading at 23.25, Up by Rs. 0.05, or 0.22 percent which suggests that most of the Traders are anticipating that the price of ENERGYDEV share should go Up.

NSE: ENERGYDEV Share Price Tomorrow Prediction

(Energy Development Company Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ENERGYDEV)

Energy Development Company Limited share price moved Up by 0.22%. ENERGYDEV share price short term trend is Up. It suggests that ENERGYDEV Share Price for Tomorrow remains the same with VWAP at 23.34 will be treated as stop loss for intraday traders. Energy Development Company Limited Long term investors can follow the ENERGYDEV long term trend as mentiond in future forecast table.

NSE Code

NSE: ENERGYDEV

ENERGYDEV Share Price Today

 23.25

ENERGYDEV Share Price Target Prediction for 2024 ^

 16.4 - 27.9

ENERGYDEV Share Price Target Prediction for 2025*^

 27.9 - 29

ENERGYDEV Share Price Target Prediction for 2026*^

 29 - 30.5

ENERGYDEV Share Price Target Prediction for 2027*^

 32

ENERGYDEV Share Price Target Prediction for 2028*^

 32

ENERGYDEV Share Price Target Prediction for 2030*^

 35
ENERGYDEV Current Book Value 2023
34.4

*Energy Development Company Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^ENERGYDEV share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

ENERGYDEV Technical Analysis

Candlestick Pattern: @23.35

ENERGYDEV Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 23.28 BUY 23.38 SELL
MA_12 23.78 SELL 23.58 SELL
MA_20 23.75 SELL 23.64 SELL
MA_32 23.97 SELL 23.63 SELL
MA_50 22.87 BUY 23.64 SELL
MA_100 24.3 SELL 23.51 SELL
MA_200 21.97 BUY 22.31 BUY

ENERGYDEV Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 23.75 Downtrend
MACD -0.12 SELL
ADX 11.7 NO or Weak Trend
DMI (+/-) 18.18 / 21.15 Downtrend

ENERGYDEV Momentum Oscillators

BUY (2) NEUTRAL (9) SELL (1)
Momentum Oscillators Value Action
RSI 48.03 Neutral
STOCHASTIC_K (Fast) 61.19 Neutral
STOCHASTIC_D (Slow) 51.3 Neutral
CCI -52.86 Neutral
PSAR 22.42 BUY
TRUE RANGE 0.65 Neutral
ATR 1.18 Neutral
WILLIAMS R -76.92 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 68.93 Neutral
STOCHASTIC RSI D 82.29 Overbought
MOMENTUM -0.45 SELL

ENERGYDEV Last 1 Year Trend

Duration Value
1 Year 36.55%
3 Months -16.9%
1 Month -1.89%
1 Week -0.64%

ENERGYDEV Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 20%
NEUTRAL / HOLD 33%
SELL 47%

Most popular Questions & Answers about ENERGYDEV


Energy Development Company Limited stock last traded price is 23.25. ENERGYDEV share price moved Up by 0.22% from its previous close of Rs 23.15.

Energy Development Company Limited share price trend is Up with a total of 21411 stocks traded till now. It has touched an intraday high of Rs 37.168 and an intraday low of Rs 22.65. The ENERGYDEV trading at 23.25, Up by Rs. 0.05, or 0.22 percent which suggests that most of the Traders are anticipating that the price of ENERGYDEV share should go Up and the Stop Loss will be around 23.34.

The market cap of Energy Development Company Limited is ₹127.3 (in Cr) as of May 17, 2024.

The current price to earning ratio for Energy Development Company Limited as of May 17, 2024 is 22.52.

The current price to book ratio for Energy Development Company Limited as of May 17, 2024 is 0.67.

The highest price of Energy Development Company Limited stock is ₹36.80 in the last 52-week.

The lowest price of Energy Development Company Limited stock is ₹15.60 in the last 52-week.

Energy Development Company Limited share trading at ₹23.25, Up by Rs. 0.05, or 0.22 percent which suggests that most of the traders are anticipating that the price of ENERGYDEV share should go Up.

In 2023, Stock price target for Energy Development Company Limited (ENERGYDEV) are ₹16.4 on downside and ₹27.9 on upside. Energy Development Company Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Energy Development Company Limited (ENERGYDEV) are ₹27.9 on downside and ₹29 on upside. Energy Development Company Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Energy Development Company Limited (ENERGYDEV) are ₹29 on downside and ₹30.5 on upside. Energy Development Company Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Energy Development Company Limited (ENERGYDEV) will be around ₹32 Energy Development Company Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ENERGYDEV.

As per the fundamental analysis of Energy Development Company Limited (ENERGYDEV), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Energy Development Company Limited book value per share as of today is 34.53. The current price to book ratio for ENERGYDEV as of May 18, 2024 is 0.67.


NSE:ENERGYDEV News & Other Useful Information about ENERGYDEV Share Price


Peer Comparison of NSE: ENERGYDEV

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Power - Generation & Distribution

Company Price EPS BV
ADANIGREEN 1833.00 0 35.71
POWERGRID 316.70 16.73 89.06
NTPC 365.45 18.76 143.23
JSWENERGY 590.00 5.44 78.48
ADANIPOWER 634.70 48.61 102.28
NHPC 97.80 3.6 35.25
TORNTPOWER 1382.00 37.24 229.28
SJVN 134.75 2.19 35.17
CESC 147.15 6.28 75.16
SUZLON 42.60 0 1.24
Updated at: 17 May 2024 15:54

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