Apollo Green Energy Limited, a leading renewable energy EPC company in India, has shown strong growth momentum reflected in its unlisted share price performance. As the company prepares for its IPO in late 2025, investors closely watch its share price trends and future targets.
Apollo Green Energy Share Price Year-on-Year Performance
- Price Range Last Year: The share price has seen significant fluctuations, starting around ₹150-160 levels in early 2024 and rising sharply due to strong operational execution and market optimism with recent correction from 450 levels.
- Volatility: The price movements reflect the company’s capital-intensive nature and seasonality in project execution, with higher demand during summer months boosting revenues.
Month-by-Month Share Price Target for 2025
| Month | Target Price (₹) | Reasoning Highlights |
| April (A) | 188 | Current market price reflecting steady project execution and stable order book. |
| May (E) | 210 | Early summer demand for solar projects increases project activity and cash flows. |
| June (E) | 225 | Peak summer months drive higher renewable energy deployment, improving operational metrics. |
| July (E) | 300 | Mid-year project milestones achieved; increased investor interest ahead of IPO preparations. |
| August (E) | 275 | Slight correction post mid-year, reflecting capital expenditure and working capital needs. |
| September (E) | 400 | Strong order book growth announced; ramp-up in solar and green hydrogen projects. |
| October (E) | 550 | IPO finalization expected; market sentiment turns highly positive. |
