NIFTY 23907.25 BANK 51135.40

Energy Development Company Limited
Share Price Target & Analysis

NSE:ENERGYDEV

27.25

VWAP

26.2

Open

26.77

Close

27.97

High

26.11

Low

36.8

52 Week High

27.06 ⇧
0.29 (1.08%)

ENERGYDEV

(POWER)
46% Momentum

Turnaround Potential

18.75

52 Week Low

0.12

EPS

22.31

PE

0.79

PB

Economical
Quality

Diamond
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 27.06, 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 Economical performer in terms of earnings and profit margins with an EPS of 0.12. NSE:ENERGYDEV book value per share as of today is 34.15. The current price to book ratio for ENERGYDEV as of Nov 23, 2024 is 0.79.

Valuation of the Stock: The current valuation of ENERGYDEV stock is like Diamond which means currently the stock is Very Expensive. 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 58.51% is very crucial parameter which shows that 58.51% investors are anticipating that the price of ENERGYDEV share should go up with VWAP at 27.25.

Now, the main question is whether to BUY or SELL, NSE:ENERGYDEV at current valuation.
As per latest Analysis No. #1621:-

⇑ 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 (Nov 23, 2024)

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

Energy Development Company Limited share price moved Up by 1.08% from its previous close of Rs 26.77. ENERGYDEV stock last traded price is 27.06. ENERGYDEV share price trend is Up with a total of 147366 stocks traded till now. It has touched an intraday high of Rs 27.97 and an intraday low of Rs 26.11. The ENERGYDEV trading at 27.06, Up by Rs. 0.29, or 1.08 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 1.08%. ENERGYDEV share price short term trend is Up. It suggests that ENERGYDEV Share Price for Tomorrow remains the same with VWAP at 27.25 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

 27.06

ENERGYDEV Share Price Target Prediction for 2024 ^

 19.7 - 29.5

ENERGYDEV Share Price Target Prediction for 2025*^

 29.5 - 30.7

ENERGYDEV Share Price Target Prediction for 2026*^

 30.7 - 32.2

ENERGYDEV Share Price Target Prediction for 2027*^

 34

ENERGYDEV Share Price Target Prediction for 2028*^

 34

ENERGYDEV Share Price Target Prediction for 2030*^

 37
ENERGYDEV Current Book Value 2023
34

*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: @25.57

ENERGYDEV Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 24.73 BUY 24.89 BUY
MA_12 24.5 BUY 24.37 BUY
MA_20 23.44 BUY 24.15 BUY
MA_32 23.67 BUY 24.16 BUY
MA_50 24.21 BUY 24.33 BUY
MA_100 25.48 BUY 24.55 BUY
MA_200 24.4 BUY 24.1 BUY

ENERGYDEV Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 23.44 Uptrend
MACD 0.26 BUY
ADX 21.43 NO or Weak Trend
DMI (+/-) 24.02 / 17.08 Uptrend

ENERGYDEV Momentum Oscillators

BUY (4) NEUTRAL (6) SELL (2)
Momentum Oscillators Value Action
RSI 58.55 Neutral
STOCHASTIC_K (Fast) 59.55 Neutral
STOCHASTIC_D (Slow) 44.17 Neutral
CCI 62.72 Neutral
PSAR 22.77 BUY
TRUE RANGE 1.42 SELL
ATR 1.32 SELL
WILLIAMS R -14.08 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 56.59 Neutral
MOMENTUM 1.58 BUY

ENERGYDEV Last 1 Year Trend

Duration Value
1 Year 28.49%
3 Months -6.13%
1 Month 6.59%
1 Week 3.35%

ENERGYDEV Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 70%
NEUTRAL / HOLD 23%
SELL 7%

Most popular Questions & Answers about ENERGYDEV


Energy Development Company Limited stock last traded price is 27.06. ENERGYDEV share price moved Up by 1.08% from its previous close of Rs 26.77.

Energy Development Company Limited share price trend is Up with a total of 147366 stocks traded till now. It has touched an intraday high of Rs 37.168 and an intraday low of Rs 26.11. The ENERGYDEV trading at 27.06, Up by Rs. 0.29, or 1.08 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 27.25.

The market cap of Energy Development Company Limited is ₹127.3 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Energy Development Company Limited as of Nov 22, 2024 is 22.31.

The current price to book ratio for Energy Development Company Limited as of Nov 22, 2024 is 0.79.

The highest price of Energy Development Company Limited stock is ₹36.8 in the last 52-week.

The lowest price of Energy Development Company Limited stock is ₹18.75 in the last 52-week.

Energy Development Company Limited share trading at ₹27.06, Up by Rs. 0.29, or 1.08 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 ₹19.7 on downside and ₹29.5 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 ₹29.5 on downside and ₹30.7 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 ₹30.7 on downside and ₹32.2 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 ₹34 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.

The price of Energy Development Company Limited (ENERGYDEV) shares moved by 1.08%. The short-term trend for ENERGYDEV share price is Up. It implies that the share price of ENERGYDEV will stay the same tomorrow and that intraday traders should treat VWAP at 27.25 as a stop loss. Investors with a long-term outlook can track ENERGYDEV long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of ENERGYDEV stock is 1.4. Compared to the current market price of 27.06 INR, the ENERGYDEV stock is Overvalued by 94.8%.

As per the fundamental analysis of Energy Development Company Limited (ENERGYDEV), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.12. Energy Development Company Limited book value per share as of today is 34.15. The current price to book ratio for ENERGYDEV as of Nov 23, 2024 is 0.79.


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 1054.50 0 47.34
POWERGRID 336.00 16.37 93.4
NTPC 364.70 19.89 154.57
JSWENERGY 688.90 6.48 87.07
ADANIPOWER 460.45 22.96 82.67
NHPC 79.16 3.16 37.1
TORNTPOWER 1517.40 47.7 250.48
SJVN 107.57 2.54 35.7
CESC 172.98 5.92 74.59
SUZLON 65.22 0.22 2.65
Updated at: 22 Nov 2024 15:59

Feel free to contact us, in case of any queries.

SITEMAP 1215
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 2229.90 46.25 (2.12%) | ADANIGREEN 1054.50 -91.20 (-7.96%) | ADANIPORTS 1138.00 23.35 (2.09%) | ADANITRANS 1010.05 -18.55 (-1.8%) | AMBUJACEM 502.60 18.45 (3.81%) | APOLLOHOSP 6902.00 159.50 (2.37%) | ASIANPAINT 2469.75 41.60 (1.71%) | ATGL 611.00 9.10 (1.51%) | AUROPHARMA 1223.00 3.00 (0.25%) | AXISBANK 1141.80 2.65 (0.23%) | BAJAJ-AUTO 9468.00 -37.00 (-0.39%) | BAJAJFINSV 1601.00 31.75 (2.02%) | BAJFINANCE 6720.00 254.35 (3.93%) | BALKRISIND 2763.60 41.65 (1.53%) | BANDHANBNK 170.14 4.28 (2.58%) | BANKBARODA 235.90 7.40 (3.24%) | BEL 280.85 5.40 (1.96%) | BERGEPAINT 477.60 12.10 (2.6%) | BHARTIARTL 1568.40 43.25 (2.84%) | BIOCON 331.60 8.50 (2.63%) | BOSCHLTD 34350.00 241.30 (0.71%) | BPCL 286.00 3.60 (1.27%) | BRITANNIA 4849.95 46.60 (0.97%) | CADILAHC 1100.00 -15.15 (-1.36%) | CIPLA 1485.25 19.75 (1.35%) | COALINDIA 414.10 8.10 (2%) | COLPAL 2718.00 27.70 (1.03%) | DABUR 513.25 7.50 (1.48%) | DIVISLAB 6000.00 22.90 (0.38%) | DLF 803.50 29.55 (3.82%) | DMART 3610.00 -12.90 (-0.36%) | DRREDDY 1214.00 18.65 (1.56%) | EICHERMOT 4980.50 98.40 (2.02%) | GAIL 192.80 4.50 (2.39%) | GLAND 1755.00 -32.00 (-1.79%) | GODREJCP 1190.00 11.30 (0.96%) | GRASIM 2591.00 56.15 (2.22%) | GUJGASLTD 461.65 8.05 (1.77%) | HAVELLS 1669.95 33.85 (2.07%) | HCLTECH 1897.10 60.75 (3.31%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 4220.00 5.90 (0.14%) | HDFCBANK 1742.10 0.90 (0.05%) | HDFCLIFE 685.35 10.95 (1.62%) | HEROMOTOCO 4788.00 20.15 (0.42%) | HINDALCO 652.00 3.95 (0.61%) | HINDUNILVR 2440.00 57.20 (2.4%) | HINDZINC 490.30 3.25 (0.67%) | ICICIBANK 1278.00 27.45 (2.2%) | ICICIGI 1835.10 30.40 (1.68%) | ICICIPRULI 689.35 10.80 (1.59%) | INDIGO 4145.00 75.20 (1.85%) | INDUSINDBK 998.65 17.20 (1.75%) | INDUSTOWER 330.20 1.10 (0.33%) | INFY 1889.20 55.15 (3.01%) | IOB 50.25 0.44 (0.88%) | IOC 132.90 2.19 (1.68%) | ITC 474.00 16.85 (3.69%) | JSWSTEEL 975.00 30.85 (3.27%) | KOTAKBANK 1761.80 24.70 (1.42%) | LT 3605.00 121.50 (3.49%) | LTI 6149.30 78.10 (1.29%) | LUPIN 2064.55 21.55 (1.05%) | M&M 3005.50 69.25 (2.36%) | MARICO 598.00 6.95 (1.18%) | MARUTI 11070.05 208.60 (1.92%) | MCDOWELL-N 1485.00 -14.35 (-0.96%) | MOTHERSUMI 187.83 -5.36 (-2.77%) | MUTHOOTFIN 1926.40 26.85 (1.41%) | NAUKRI 7990.00 474.65 (6.32%) | NESTLEIND 2242.50 31.30 (1.42%) | NMDC 220.80 3.17 (1.46%) | NTPC 364.70 8.55 (2.4%) | ONGC 245.45 3.30 (1.36%) | PEL 1082.75 27.80 (2.64%) | PIDILITIND 2967.45 29.40 (1%) | PIIND 4124.70 -14.00 (-0.34%) | PNB 99.99 3.62 (3.76%) | POWERGRID 336.00 10.10 (3.1%) | RELIANCE 1264.00 41.00 (3.35%) | SAIL 112.75 2.16 (1.95%) | SBICARD 680.65 5.60 (0.83%) | SBILIFE 1487.20 9.25 (0.63%) | SBIN 814.55 33.80 (4.33%) | SHREECEM 24814.00 761.15 (3.16%) | SIEMENS 6850.00 208.35 (3.14%) | SRF 2163.25 19.60 (0.91%) | SUNPHARMA 1805.60 25.60 (1.44%) | TATACONSUM 943.00 31.30 (3.43%) | TATAMOTORS 794.00 20.15 (2.6%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 142.55 2.33 (1.66%) | TCS 4221.95 149.10 (3.66%) | TECHM 1744.10 41.85 (2.46%) | TITAN 3302.00 123.55 (3.89%) | TORNTPHARM 3171.00 69.05 (2.23%) | ULTRACEMCO 11301.15 346.30 (3.16%) | UPL 565.50 9.75 (1.75%) | VEDL 445.40 2.60 (0.59%) | WIPRO 571.40 14.25 (2.56%) |