Stocks To Buy For Long Term: Centrum Institutional Research has recommended a Buy rating on renewable stocks -- NTPC Green, ACME Solar, Waaree and Suzlon Energy. Let's take a look at shares target rice and investment rationale below:
NTPC Green Share Price Target
According to Centrum Research NTPC Green Energy offers a unique combination of scale, stability, and structural growth. Backed by NTPC, with a large and visible capacity pipeline, low-risk PPAs, and exposure to emerging green energy themes, the company is well-positioned for steady earnings compounding. The institutional research expect Revenue growth 79.0 per cent CAGR over FY25-28 to arrive Share price target of renewable stocks price of Rs 126 per share and initiate coverage on it with BUY Rating.
ACME Solar Share Price Target
ACME Solar represents a high-growth renewable IPP play. With a strong project pipeline, improving financial discipline, and increasing exposure to high-value hybrid/RTC segments, IT is well-placed for multi-year capacity and earnings growth. They expect Revenue growth 60 per cent CAGR over FY25-28 end. Also they value it at EV/EBITDA of 10 times on FY28 EBITDA to arrive Share price target of renewable stocks of Rs. 315 per share and initiate coverage on it with BUY rating.
Waaree Energies Share Price Target
Brokerage firm said that the Waaree Energies represents a proxy to India’s solar manufacturing theme. With market leadership, a massive order book, strong financial momentum, aggressive capacity expansion, and global market access, the company is well-positioned for multi-year earnings growth. The firm expect Revenue growth 44 per cent CAGR over FY25-28. We value it at PE of 21x(0.5x PEG) on FY28 EPS to arrive Share price target of renewable stocks at target price of Rs 4416 per share.
Suzlon Energy Share Price Target
With industry tailwinds, a robust order pipeline, improving margins, a cleaner balance sheet, and exposure to new growth segments, the company is positioned for sustained earnings compounding. The firm expect Revenue growth 37.9 per cent CAGR over FY25-28. We value it at PE of 30x (0.8x PEG ) on FY28E EPS to arrive at target price of Rs 74 per share and initiate coverage on it with BUY Rating
