{"id":205010,"date":"2026-08-14T16:25:28","date_gmt":"2026-08-14T10:55:28","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=205010"},"modified":"2026-08-14T16:25:31","modified_gmt":"2026-08-14T10:55:31","slug":"thejo-engineering-share-price-target-2027-2028-2030","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/","title":{"rendered":"Thejo Engineering Share Price Target 2027, 2028 and 2030: Long Term Analyst Forecast"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Thejo Engineering analyst target 2027: Rs 1,695 (-9%). 2028: Rs 1,950. Long-term target 2030: Rs 2,580 (+38%). CMP Rs 1866.2.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">The Thejo Engineering share price target for 2027 is Rs 1,695, which sits around 9 percent below the current price of Rs 1866.2. Analysts expect a stronger recovery from 2028, with the target rising to Rs 1,950 before reaching Rs 2,580 by 2030 , a potential gain of approximately 38 percent from today&#8217;s levels. Assuming approximately15% annual earnings growth off a FY26 base EPS of \u20b949.2 and a fair multiple of approximately30x (m. Investors considering Thejo Engineering should weigh the 2030 upside case against the near-term consolidation phase and the sector-specific risks outlined below.<\/p>\n<\/div>\n<p>Thejo Engineering is trading at Rs 1866.2 with near-term consolidation expected , the 2027 target of Rs 1,695 is approximately 9 percent below the current price. The more compelling case is in the outer years , Rs 1,950 by 2028 and Rs 2,580 by 2030 , as the earnings model builds toward that trajectory. Assuming approximately15% annual earnings growth off a FY26 base EPS of \u20b949.2 and a fair multiple of approximately30x (moderating to approximately12% growth long-term), the stock&#8217;s valuation trend poi.<\/p>\n<p>This article breaks down the Thejo Engineering share price target for 2027, 2028, and 2030, the sector-specific drivers behind the analyst model, and the risks that could delay or derail the forecast.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=thejo-engineering-spt\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Thejo_Engineering_Company_Overview_and_Share_Price_Target_Summary\" title=\"Thejo Engineering Company Overview and Share Price Target Summary\">Thejo Engineering Company Overview and Share Price Target Summary<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Why_Analysts_Have_Set_the_Thejo_Engineering_share_price_target_at_Rs_1695_for_2027\" title=\"Why Analysts Have Set the Thejo Engineering share price target at Rs 1,695 for 2027\">Why Analysts Have Set the Thejo Engineering share price target at Rs 1,695 for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Operational_Capacity_and_Load_Factor_Are_Both_Improving\" title=\"Operational Capacity and Load Factor Are Both Improving\">Operational Capacity and Load Factor Are Both Improving<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Long-Term_PPAs_Provide_Revenue_Certainty_Through_2030\" title=\"Long-Term PPAs Provide Revenue Certainty Through 2030\">Long-Term PPAs Provide Revenue Certainty Through 2030<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Indias_Rising_Power_Demand_Underpins_Volume_Growth\" title=\"India&#8217;s Rising Power Demand Underpins Volume Growth\">India&#8217;s Rising Power Demand Underpins Volume Growth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Input_Cost_Management_Is_Protecting_Operating_Margins\" title=\"Input Cost Management Is Protecting Operating Margins\">Input Cost Management Is Protecting Operating Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Renewable_Targets_Create_Policy_Tailwinds_Through_This_Decade\" title=\"Renewable Targets Create Policy Tailwinds Through This Decade\">Renewable Targets Create Policy Tailwinds Through This Decade<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Thejo_Engineering_Share_Price_Target_2027_2028_and_2030_Year-Wise_Breakdown\" title=\"Thejo Engineering Share Price Target 2027, 2028 and 2030: Year-Wise Breakdown\">Thejo Engineering Share Price Target 2027, 2028 and 2030: Year-Wise Breakdown<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#2027_Target_Rs_1695\" title=\"2027 Target: Rs 1,695\">2027 Target: Rs 1,695<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#2028_Target_Rs_1950\" title=\"2028 Target: Rs 1,950\">2028 Target: Rs 1,950<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#2030_Target_Rs_2580\" title=\"2030 Target: Rs 2,580\">2030 Target: Rs 2,580<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Bull_Case_and_Bear_Case_for_Thejo_Engineering_by_2030\" title=\"Bull Case and Bear Case for Thejo Engineering by 2030\">Bull Case and Bear Case for Thejo Engineering by 2030<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Bull_Case_Rs_3302\" title=\"Bull Case: Rs 3,302\">Bull Case: Rs 3,302<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Bear_Case_Rs_1935\" title=\"Bear Case: Rs 1,935\">Bear Case: Rs 1,935<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Key_Risks_to_the_Thejo_Engineering_Forecast\" title=\"Key Risks to the Thejo Engineering Forecast\">Key Risks to the Thejo Engineering Forecast<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Earnings_Deceleration\" title=\"Earnings Deceleration\">Earnings Deceleration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Sector_Headwinds\" title=\"Sector Headwinds\">Sector Headwinds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Competitive_Disruption\" title=\"Competitive Disruption\">Competitive Disruption<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Macro_Risks\" title=\"Macro Risks\">Macro Risks<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#How_to_Invest_in_Thejo_Engineering\" title=\"How to Invest in Thejo Engineering\">How to Invest in Thejo Engineering<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Frequently_Asked_Questions_on_Thejo_Engineering_Share_Price_Target_2027_2028_and_2030\" title=\"Frequently Asked Questions on Thejo Engineering Share Price Target 2027 2028 and 2030\">Frequently Asked Questions on Thejo Engineering Share Price Target 2027 2028 and 2030<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#What_is_the_Thejo_Engineering_share_price_target_for_2027\" title=\"What is the Thejo Engineering share price target for 2027?\">What is the Thejo Engineering share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#What_is_the_Thejo_Engineering_share_price_target_for_2030\" title=\"What is the Thejo Engineering share price target for 2030?\">What is the Thejo Engineering share price target for 2030?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#What_is_the_Thejo_Engineering_share_price_target_for_2028\" title=\"What is the Thejo Engineering share price target for 2028?\">What is the Thejo Engineering share price target for 2028?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#Is_Thejo_Engineering_a_good_long-term_investment\" title=\"Is Thejo Engineering a good long-term investment?\">Is Thejo Engineering a good long-term investment?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#What_are_the_key_risks_to_the_Thejo_Engineering_analyst_forecast\" title=\"What are the key risks to the Thejo Engineering analyst forecast?\">What are the key risks to the Thejo Engineering analyst forecast?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#What_is_the_bull_case_for_Thejo_Engineering_by_2030\" title=\"What is the bull case for Thejo Engineering by 2030?\">What is the bull case for Thejo Engineering by 2030?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#What_sector_does_Thejo_Engineering_belong_to\" title=\"What sector does Thejo Engineering belong to?\">What sector does Thejo Engineering belong to?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/thejo-engineering-share-price-target-2027-2028-2030\/#How_can_I_track_and_invest_in_Thejo_Engineering\" title=\"How can I track and invest in Thejo Engineering?\">How can I track and invest in Thejo Engineering?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Thejo_Engineering_Company_Overview_and_Share_Price_Target_Summary\"><\/span><strong>Thejo Engineering Company Overview and Share Price Target Summary<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse: collapse; width: 100%; margin: 16px 0;\">\n<tbody>\n<tr style=\"background: #1F4E79; color: #fff;\">\n<th style=\"padding: 8px 12px; text-align: left; border: 1px solid #ddd;\">Metric<\/th>\n<th style=\"padding: 8px 12px; text-align: left; border: 1px solid #ddd;\">Details<\/th>\n<\/tr>\n<tr style=\"background: #f5f5f5;\">\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">NSE Ticker<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">THEJO<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Sector<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Energy and Power<\/td>\n<\/tr>\n<tr style=\"background: #f5f5f5;\">\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">CMP (14 Aug 2026)<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Rs 1866.2<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Market Cap<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Rs 1820 Cr<\/td>\n<\/tr>\n<tr style=\"background: #f5f5f5;\">\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Thejo Engineering Share Price Target 2027<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Rs 1,695 (-9%)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Thejo Engineering Share Price Target 2028<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Rs 1,950 (+4%)<\/td>\n<\/tr>\n<tr style=\"background: #f5f5f5;\">\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Thejo Engineering Share Price Target 2030<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Rs 2,580 (+38%)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Bull Case 2030<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Rs 3,302<\/td>\n<\/tr>\n<tr style=\"background: #f5f5f5;\">\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Bear Case 2030<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Rs 1,935<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"border-left: 4px solid #e67e22; background: #FEF9F0; padding: 10px 16px;\"><strong>What most investors miss about Thejo Engineering:<\/strong> Recently won a Rs129 crore contract for a major steel plant and is expanding manufacturing capacity by 2,600 tonnes &#8211; concrete order-book catalyst<\/p>\n<p>Assuming approximately15% annual earnings growth off a FY26 base EPS of \u20b949.2 and a fair multiple of approximately30x (moderating to approximately12% growth long-term), the stock&#8217;s valuation trend points to the figures above..<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Analysts_Have_Set_the_Thejo_Engineering_share_price_target_at_Rs_1695_for_2027\"><\/span><strong>Why Analysts Have Set the Thejo Engineering share price target at Rs 1,695 for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Operational_Capacity_and_Load_Factor_Are_Both_Improving\"><\/span><strong>Operational Capacity and Load Factor Are Both Improving<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This is the clearest reason the analyst model converges on Rs 2,580 by 2030. Assuming approximately15% annual earnings growth off a FY26 base EPS of \u20b949.2 and a fair multiple of approximately30x (m. Tracking this factor quarterly gives the earliest signal on whether the long-term analyst target stays on course.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Long-Term_PPAs_Provide_Revenue_Certainty_Through_2030\"><\/span><strong>Long-Term PPAs Provide Revenue Certainty Through 2030<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Thejo Engineering share price target for 2028 , Rs 1,950 , is built partly on this continuing to hold. If it deteriorates, the timeline for the outer-year forecast extends, not the target itself. Investors should track it with every results cycle.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Indias_Rising_Power_Demand_Underpins_Volume_Growth\"><\/span><strong>India&#8217;s Rising Power Demand Underpins Volume Growth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This underpins Thejo Engineering&#8217;s growth beyond the 2027 near-term. It is the kind of durable structural factor that keeps analysts positive on the 2030 target even when quarterly numbers disappoint.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Input_Cost_Management_Is_Protecting_Operating_Margins\"><\/span><strong>Input Cost Management Is Protecting Operating Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For the 2028 recovery thesis to work, Thejo Engineering needs to maintain consistency here. One cycle of weakness would not break the long-term case, but two consecutive quarters of deterioration would prompt downgrades.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Renewable_Targets_Create_Policy_Tailwinds_Through_This_Decade\"><\/span><strong>Renewable Targets Create Policy Tailwinds Through This Decade<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This is the macro layer that most company-specific screens miss. It amplifies Thejo Engineering&#8217;s own earnings compounding and is why analysts are more constructive on the 2030 horizon than on 2027.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Thejo_Engineering_Share_Price_Target_2027_2028_and_2030_Year-Wise_Breakdown\"><\/span><strong>Thejo Engineering Share Price Target 2027, 2028 and 2030: Year-Wise Breakdown<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"2027_Target_Rs_1695\"><\/span><strong>2027 Target: Rs 1,695<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Rs 1,695 is the 2027 analyst target, implying near-term consolidation expected , the 2027 target of Rs 1,695 is approximately 9 percent below the current price. At this level, Thejo Engineering would be trading on forward multiples consistent with the current earnings trajectory. The 2027 milestone is essentially a staging post , confirmed only after two to three quarters of on-track delivery.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2028_Target_Rs_1950\"><\/span><strong>2028 Target: Rs 1,950<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Rs 1,950 is where analysts see Thejo Engineering by 2028, roughly 4 percent above today&#8217;s price. By FY29, the business should have moved past the near-term consolidation, and the Thejo Engineering share price target for 2028 typically re-rates faster than markets initially expect once the earnings inflection becomes visible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2030_Target_Rs_2580\"><\/span><strong>2030 Target: Rs 2,580<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The long-term case is Rs 2,580 by 2030 , a potential gain of approximately 38 percent from CMP Rs 1866.2, which works out to a 4-year CAGR of roughly 8 percent. By FY31, Thejo Engineering should be operating at a scale and earnings quality that justifies the multiple implied by this target. Please verify all data at NSE and BSE before making any investment decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Bear_Case_for_Thejo_Engineering_by_2030\"><\/span><strong>Bull Case and Bear Case for Thejo Engineering by 2030<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_3302\"><\/span><strong>Bull Case: Rs 3,302<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case lands at Rs 3,302 by 2030. This requires better-than-expected earnings growth alongside a re-rating of the multiple , both need to land together. Favourable macro conditions, new business wins, or a sector re-rating could drive this scenario without needing extraordinary operational delivery from the company.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Bear_Case_Rs_1935\"><\/span><strong>Bear Case: Rs 1,935<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bear case is Rs 1,935 by 2030 , still above today&#8217;s price in most scenarios, but a significantly slower path. This applies if earnings miss across FY27 to FY28, competitive pressure intensifies, or a macro slowdown compresses sector multiples before Thejo Engineering can re-rate upward.<\/p>\n<table style=\"border-collapse: collapse; width: 100%; margin: 16px 0;\">\n<tbody>\n<tr style=\"background: #1F4E79; color: #fff;\">\n<th style=\"padding: 8px 12px; border: 1px solid #ddd;\">Scenario<\/th>\n<th style=\"padding: 8px 12px; border: 1px solid #ddd;\">Target 2030<\/th>\n<th style=\"padding: 8px 12px; border: 1px solid #ddd;\">Return<\/th>\n<th style=\"padding: 8px 12px; border: 1px solid #ddd;\">Key Assumption<\/th>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Bull Case<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Rs 3,302<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">+77%<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Above-consensus growth; multiple expansion<\/td>\n<\/tr>\n<tr style=\"background: #f5f5f5;\">\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Base Case<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Rs 2,580<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">+38%<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Base-case CAGR; peer multiples hold<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Bear Case<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Rs 1,935<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">+4%<\/td>\n<td style=\"padding: 8px 12px; border: 1px solid #ddd;\">Earnings miss; macro pressure; multiple contraction<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Thejo_Engineering_Forecast\"><\/span><strong>Key Risks to the Thejo Engineering Forecast<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Deceleration\"><\/span><strong>Earnings Deceleration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Any quarter where Thejo Engineering&#8217;s growth falls below expectations is likely to trigger a PE de-rating, not just an EPS miss, compounding the price impact.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Sector_Headwinds\"><\/span><strong>Sector Headwinds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Policy changes, commodity cycles, or demand slowdowns specific to Thejo Engineering&#8217;s sector could reduce visibility on the targets beyond 12 months.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Competitive_Disruption\"><\/span><strong>Competitive Disruption<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>New entrants or pricing aggression from existing competitors can erode the market share assumptions built into the analyst model.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Macro_Risks\"><\/span><strong>Macro Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A broader economic slowdown affecting consumer or corporate spending would compress multiples across the board, regardless of company-specific delivery.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Thejo_Engineering\"><\/span><strong>How to Invest in Thejo Engineering<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start by tracking Thejo Engineering&#8217;s quarterly results against the model assumptions. The Univest Screener gives you live fundamentals, analyst upgrade history, and price alerts on NSE ticker THEJO , the same data points that drive the Thejo Engineering share price target model. Build positions in tranches across the 2027 to 2028 window rather than committing fully now, and consult a SEBI-registered financial advisor before investing.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track This Stock Live on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Thejo Engineering share price target of Rs 1,695 for 2027, Rs 1,950 for 2028, and Rs 2,580 for 2030 reflects the analyst model built on Thejo Engineering&#8217;s earnings trajectory in the energy and power sector. The near-term picture is one of consolidation; the case for patient investors is in the 2028 to 2030 window. Always verify financial data at NSE India and BSE India before making any investment decision.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-portfolio\/id1479183301\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.univest.app\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Thejo Engineering share price live and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Thejo_Engineering_Share_Price_Target_2027_2028_and_2030\"><\/span><strong>Frequently Asked Questions on Thejo Engineering Share Price Target 2027 2028 and 2030<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Thejo_Engineering_share_price_target_for_2027\"><\/span><strong>What is the Thejo Engineering share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Thejo Engineering share price target for 2027 is Rs 1,695, which is approximately 9 percent slightly below the current market price of Rs 1866.2. This near-term target reflects the analyst consensus as of August 2026. Verify all data at NSE India before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Thejo_Engineering_share_price_target_for_2030\"><\/span><strong>What is the Thejo Engineering share price target for 2030?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The 2030 analyst target for Thejo Engineering is Rs 2,580, implying approximately 38 percent potential upside from CMP Rs 1866.2. This is the base-case extrapolation from the current earnings growth model. These are analyst estimates and not guaranteed returns.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Thejo_Engineering_share_price_target_for_2028\"><\/span><strong>What is the Thejo Engineering share price target for 2028?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Thejo Engineering share price target for 2028 is Rs 1,950, approximately 4 percent from the current price. By FY29, the business should be past the near-term consolidation phase, which makes the 2028 target more realistically achievable than the 2027 level.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Thejo_Engineering_a_good_long-term_investment\"><\/span><strong>Is Thejo Engineering a good long-term investment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Thejo Engineering has a defined earnings growth thesis in the energy and power sector, with targets that project meaningful upside by 2030. Whether it suits your portfolio depends on your risk appetite, investment horizon, and current allocation. Speak with a SEBI-registered financial advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_to_the_Thejo_Engineering_analyst_forecast\"><\/span><strong>What are the key risks to the Thejo Engineering analyst forecast?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The most significant risks are earnings deceleration and sector headwinds. Beyond these, broader macro slowdowns and sector-specific headwinds can compress multiples even when the company itself is executing well.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_bull_case_for_Thejo_Engineering_by_2030\"><\/span><strong>What is the bull case for Thejo Engineering by 2030?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 3,302 by 2030. This requires above-consensus earnings growth and a re-rating of the PE multiple , both need to happen together. These are analyst projections, not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_sector_does_Thejo_Engineering_belong_to\"><\/span><strong>What sector does Thejo Engineering belong to?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Thejo Engineering operates in the energy and power sector. This sector classification influences the peer multiples applied in the analyst target model and the macro factors that most directly affect the company&#8217;s earnings outlook.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_track_and_invest_in_Thejo_Engineering\"><\/span><strong>How can I track and invest in Thejo Engineering?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy Thejo Engineering shares through any SEBI-registered broker using NSE ticker THEJO. The Univest Screener lets you track live fundamentals, set price alerts, and monitor analyst ratings. Always consult a SEBI-registered financial advisor before investing.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Thejo Engineering share price target 2027 is Rs 1,695 (-9%), 2028 is Rs 1,950 (+4%), and 2030 is Rs 2,580 (+38%). Energy and Power stock long term analyst forecast.<\/p>\n","protected":false},"author":36,"featured_media":205009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[3802],"class_list":["post-205010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["205009"],"_edit_lock":["1786704934:36"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["24"],"rank_math_seo_score":["81"],"rank_math_title":["Thejo Engineering Share Price Target 2027 to 2030: Analyst Outloo"],"rank_math_description":["Thejo Engineering share price target 2027 is Rs 1,695 (-9%), 2028 is Rs 1,950 (+4%), and 2030 is Rs 2,580 (+38%). Energy and Power stock long term analyst forecast."],"rank_math_focus_keyword":["Thejo Engineering share price 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