AVANTEL SHARE PRICE TARGET 2023, 2024, 2025 TO 2030

Investors are constantly on the search for profitable stocks with a bright future in the fast-paced world of the stock markets. One such business that has attracted investors’ attention is Avantel Ltd, a major provider of telecom infrastructure in India. Investors have been debating Avantel’s share price goal for the years 2023 to 2030 due to its steady rise in revenue and earnings. This article will examine the financial performance of Avantel over the previous five years and assess its growth potential. We will also provide a response to the frequently asked question, “Is Avantel Ltd. a good stock to buy?” So, let’s delve in and see what the future holds for the share price objective for Avantel.

How to purchase Avantel shares?

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

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Avantel Share Price Target: 2023 to 2030

Avantel Share Price Target 2023

The table represents the predicted share prices of Avantel for the year 2023. The prices vary from a minimum of ₹307.84 in November to a maximum of ₹349.80 in December. The company’s stock prices exhibit an overall uptrend toward the end of the year, with a growth percentage of around 13.63%.

The bullish trend in Avantel’s stock prices can be attributed to several factors such as positive investor sentiment, strong financial performance, and favorable market conditions. The minimum and maximum prices suggest that there could be some fluctuations in the stock prices, but the overall trend remains positive. Investors may consider this data while making investment decisions in Avantel.

Avantel Share Price Target 2024

The table provides the projected share price targets for Avantel for the year 2024. The company’s stock prices are expected to continue their upward trend, with a maximum target price of ₹408.19 in December and a minimum target price of ₹309.13 in May.

The returns on the company’s stocks appear promising, with an overall growth percentage of around 32.90% throughout the year. Although there may be some fluctuations in the stock prices, the data suggests a generally bullish outlook for Avantel in the upcoming year.

Avantel Share Price Target 2025

Avantel Share Price Target 2026-2030

Avantel’s share price is anticipated to maintain a bullish trajectory in the long term, offering significant upside potential for investors. However, it’s important to acknowledge that the company’s share price may experience short-term fluctuations and corrections.

In the years 2026 to 2030, the projected maximum and minimum share prices indicate the potential for substantial returns, albeit with a degree of expected volatility and risk. It is advisable for investors to conduct thorough due diligence, carefully assess market conditions, monitor the company’s performance, and consider key financial indicators before making any investment decisions related to Avantel.

Financial Condition of Avantel: Last 5 years

Avantel’s financial performance over the last five years has displayed positive trends and financial strength. The company’s Sales (revenue) grew consistently from Rs. 51 crores in March 2019 to an impressive Rs. 154 crores in March 2023. This signifies that Avantel has been successful in expanding its market presence and increasing its business activities.

Avantel share price target by Experts

Sharekhan on Avantel share price target

Sharekhan has given a buy call on Avantel. According to him, you can continue buying Avantel share with a target price of Rs 510.

Motilal Oswal on Avantel share price target

Motilal Oswal has given a buy call on Avantel. According to him, you can continue buying Avantel share with a target price of Rs 530.

FAQS

What has been Avantel’s financial performance in the past few years?

Avantel has seen steady growth in its revenue and profits over the past five years, with a significant increase in sales from 51.70 in March 2018 to 154.27 in March 2023.

What is Avantel’s share price target for 2023 to 2030?

Based on the company’s growth trajectory, analysts predict that Avantel’s share price target could reach up to 1000 INR by 2030.

What factors contribute to Avantel’s potential growth?

Avantel has a strong focus on innovation, with a portfolio of cutting-edge products and services. Additionally, the increasing demand for wireless communication solutions and the government’s push for digitalization in India also contribute to Avantel’s growth potential.

Is Avantel a good company to invest in?

As with any investment, there are risks involved. However, Avantel’s strong financial performance and potential growth make it an attractive investment opportunity for those looking to invest in the telecommunications industry.

How has Avantel’s dividend payout ratio changed over the past five years?

Avantel’s dividend payout ratio has fluctuated over the past five years, ranging from 0% in 2023 to 21.17% in 2019.

What is Avantel’s operating profit margin (OPM)?

Avantel’s OPM has seen a steady increase over the past five years, reaching 32.07% in March 2023, indicating the company’s strong operational efficiency.

What is Avantel’s price-to-earning (P/E) ratio?

Avantel’s P/E ratio has fluctuated over the past five years, ranging from 6.22 in 2020 to 58.6 in 2023.

What role does government policy play in Avantel’s growth potential?

The Indian government’s push for digitalization and the development of telecommunications infrastructure is expected to provide a boost to Avantel’s growth potential in the coming years.

What risks should investors be aware of when considering Avantel as an investment opportunity?

As with any investment, there are risks involved, including competition in the telecommunications industry, changes in government policies, and economic factors that could affect Avantel’s financial performance. Investors should conduct thorough research and due diligence before making any investment decisions.

ALSO READ:

• JAI CORP LTD SHARE PRICE TARGET 2023-2030. CAN IT REACH 1000INR BY 2025?
• PODDAR HOUSING AND DEVELOPMENT LTD SHARE PRICE TARGET 2023-2030. CAN IT REACH 1000INR BY 2025?
• DE NORA INDIA LTD SHARE PRICE TARGET 2023-2030. CAN IT REACH 5000INR BY 2025?

Conclusion

Avantel appears to be on a path of consistent growth based on the income growth, PAT growth, sales growth, and profit growth over the previous five years. The value of the company’s shares could significantly expand between 2030 and 2026, with a projected maximum share price of 3,369.68 and a minimum of 2,358.77. Additionally, the business’ operational profit increased significantly from March 2018 to March 2023, rising from 11.26 crores to 49.48 crores. With a dividend payout ratio of 0% and an OPM of 32.07%, the company appears to be well-positioned for future growth. Therefore, for long-term investors seeking consistent growth, now may be a good time to purchase Avantel shares.

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.

Twitter Linkedin