SHISH INDUSTRIES SHARE PRICE TARGET 2023, 2024, 2025 TO 2030

Stock market investing is always a risky but potentially lucrative endeavor. It’s important for investors to keep up with the most recent reports and forecasts on the target share prices of firms. Investors have been interested in Shish Industries Ltd. Recently because of its share price target range of 2023 to 2030. Can I buy this stock well? What elements might impede its development? In order to adequately respond to these queries, we will examine the statistics and patterns surrounding Shish Industries in this post. So, hold on as we explore the realm of stock market forecasts and analyses.

How to purchase Shish Industries shares?

Below are the trading platforms that you can use to purchase Shish Industries shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Shish Industries Share Price Target: 2023 to 2030

Shish Industries Share Price Target 2023

Shish Industries’ share price target for 2023 seems to suggest a relatively stable and moderately positive outlook. The company’s share prices are expected to fluctuate within a certain range, with a maximum price of ₹131.45 in December and a minimum of ₹115.69 in November. These price targets indicate a reasonable level of support for the stock, with the potential for growth as well. The gradual increase in maximum prices from October to December may indicate improving investor sentiment or positive developments within the company.

However, the relatively narrow price range between maximum and minimum values could suggest that market conditions or external factors are not expected to drive significant volatility. Investors should closely monitor company performance and market conditions to make informed decisions regarding Shish Industries’ stock in 2023.

Shish Industries Share Price Target 2024

The table presents the predicted share prices of Shish Industries for 2024. The maximum and minimum prices for the year are ₹153.40 and ₹116.17, respectively. The year is expected to start on a positive note, with the maximum price reaching ₹139.67 in March 2024. However, there’s a slight dip in April and May, with the maximum price dropping to ₹133.60 in May 2024.

The prices then seem to regain strength from June 2024 onwards, with a steady uptrend until December 2024, where the maximum price is expected to be ₹153.40. These predictions suggest potential opportunities for investors, but it’s crucial to remember that these are speculative estimates and actual market conditions may vary.

Shish Industries Share Price Target 2025

The table presents the predicted share prices of Shish Industries for 2025. The maximum and minimum prices for the year are ₹187.01 and ₹120.36, respectively. The share prices are expected to follow a bullish trend throughout the year, with the maximum price reaching ₹187.01 in December 2025.

This indicates a potentially positive outlook for investors, with the stock’s value steadily increasing over the course of the year. However, it’s essential to remember that these are projections and the actual performance of the stock may be influenced by a variety of factors, so investors should conduct their own research and analysis before making investment decisions.

Shish Industries Share Price Target 2026-2030

Financial Condition of Shish Industries: Last 5 years

Over the last five years, Shish Industries has shown a significant and positive trend in its financial condition. The company’s sales figures have experienced substantial growth, starting at Rs. 11.03 crores in March 2019 and reaching an impressive Rs. 70.19 crores by March 2023. While expenses have also increased in proportion, the operating profit margin (OPM) has remained quite healthy, consistently above 10%. This indicates efficient cost management and a strong ability to generate profits from its operations.

Moreover, Shish Industries’ profitability has notably improved over this period. The net profit has grown from Rs. 0.89 crores in 2019 to Rs. 5.73 crores in 2023, signifying a significant increase in earnings. The company’s ability to maintain a low dividend payout percentage suggests a strategic approach, possibly reinvesting in the business for future growth.

With consistent growth in sales, profitability, and efficient cost management, Shish Industries appears to be in a robust financial position, potentially poised for further expansion and development. However, it’s essential to consider market dynamics and industry-specific factors while assessing its future prospects.

Shish Industries share price target by Experts

Sharekhan on Shish Industries share price target

Sharekhan has given a buy call on Shish Industries. According to him, you can continue buying Shish Industries share with a target price of Rs320.

Motilal Oswal on Shish Industries share price target

Motilal Oswal has given a buy call on Shish Industries. According to him, you can continue buying Shish Industries share with a target price of Rs295.

FAQS

What is the current share price of Shish Industries?

As of October 18, 2023, the current share price of Shish Industries is ₹118.

What is the share price target for Shish Industries for the years 2023-2030?

Based on past performance and projected growth, the share price target for Shish Industries for the years 2023-2030 is estimated to be between ₹131.45 and ₹340.36.

Can Shish Industries’ share price reach ₹500 by 2025?

While it is difficult to predict the exact trajectory of a company’s share price, based on current trends and projections, it is unlikely for Shish Industries’ share price to reach ₹500 by 2025.

What factors contribute to the projected growth of Shish Industries?

Factors contributing to the projected growth of Shish Industries include increasing demand for non-woven fabrics, expansion of manufacturing capabilities, and a focus on sustainable practices.

Is Shish Industries’ financial health stable?

Yes, Shish Industries’ financial health has remained stable over the past five years, with consistent revenue and profit growth.

What is the dividend payout for Shish Industries?

Shish Industries has not issued any dividends in the past five years.

What is the average target recommendation for Shish Industries?

The average target recommendation for Shish Industries is based on a consensus of analyst predictions and can vary based on market conditions.

What is the operating profit margin for Shish Industries?

The operating profit margin for Shish Industries has fluctuated between 7.22% and 20.13% over the past five years.

Is it a good time to invest in Shish Industries?

As with any investment, it is important to conduct your own research and make an informed decision based on your financial goals and risk tolerance. However, based on past performance and projected growth, Shish Industries may present a promising investment opportunity.

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Conclusion

Over the previous five years, Shish Industries has experienced considerable increase in both revenue and profit. Between 2018 and 2022, the company’s revenue climbed by over 500%, while its PAT increased by more than 300%. Over time, the EPS has also steadily increased, rising to 2.35 in 2022. The share price has also increased significantly, going from 12.95 in 2018 to 95.5 in 2022, with a 2029 forecast price of 1,949 as the highest point. For investors with a long-term investment vision, the shares of Shish Industries can be viewed as a smart investment choice given the company’s steady growth and strong financial performance. However, it is advised to conduct in-depth investigation and analysis.

Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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