TASTY BITE SHARE PRICE TARGET 2023, 2024, 2025 to 2030

Tasty Bite has had rapid growth in recent years thanks to its dedication to quality and sustainability, and many investors are unsure if this trend will continue.

This article will examine whether Tasty Bite is a solid stock to buy by looking more closely at their share price objective from 2023 to 2030. So, wait patiently and get ready to examine the figures!”

As of July 6, 2023, Tasty Bites is trading at Rs. 13,651 per share with a market cap of 3.50TCr INR.

Latest news about Tasty Bite Eatables Ltd

Tasty Bite achieved standalone net sales of Rs 109.62 crore in March 2023, representing a year-on-year growth of 9.05%.

How to purchase Tasty Bite Eatables Ltd shares?

Below are the trading platforms that you can use to purchase Tasty Bite Eatables Ltd shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Tasty Bite Eatables Ltd Share Price Prediction: 2023 to 2030

Tasty Bite Eatables Ltd Share Price Target 2023

The maximum price of the Tasty Bite Eatables shares is expected to be Rs. 16,321.60 in December 2023, while the minimum price is predicted to be Rs. 8,020 in March 2023. Tasty Bite share price is up 29.25% YTD and looks in a good position to give another 20% run-up.

There is a clear upward trend in the share prices, with the maximum price increasing steadily from March 2023 to December 2023. This suggests a bullish market sentiment and positive growth prospects for the company.

The growth percentage for Tasty Bite Eatables Ltd is likely to be significant, given the substantial difference between the maximum and minimum prices.

Maximum share price target for Tasty Bite Eatables in July 2023 is ₹14,343.68.

Tasty Bite Eatables Share Price Target 2024

In January 2024, Tasty Bite’s maximum share price is expected to be Rs. 17,180.63, while the minimum share price is predicted to be Rs. 13,215.87. The maximum price target for the year 2024 is predicted to be Rs. 22,850.94 in December 2024, with the minimum price target at Rs. 11,841.54 in May 2024.

The share prices are expected to experience fluctuations throughout the year, with a bearish trend predicted for May 2024, where the minimum price target is relatively lower than other months.

Investors may look to capitalize on the predicted growth of Tasty Bite Eatables Ltd’s share prices in 2024, which could lead to a positive return on investment.

Tasty Bite Eatables Share Price Target 2025

In January 2025, the maximum share price target is predicted to be Rs. 23,307.96, while the minimum share price target is expected to be Rs. 17,929.20. The maximum price target for the year is expected to be Rs. 27,718.55 in December 2025, with the minimum price target at Rs. 16,084.81 in May 2025.

The share prices are predicted to experience fluctuations throughout the year, with a bullish trend predicted for November 2025, where the maximum price target is significantly higher than other months.

The average target price for Tasty Bite Eatables Ltd’s shares in 2025 is expected to be around Rs. 23,689.54, which represents an upside potential of approximately 26.3% from the current share price.

Based on the table’s data, a recommendation for investors could be to consider investing in Tasty Bite Eatables Ltd’s shares, given the predicted growth potential in 2025

Tasty Bite Eatables Ltd Share Price Prediction 2026-2030

The maximum price target for Tasty Bite Eatables Ltd shares in 2026 is ₹19,402.99, while the minimum price target is ₹13,582.09.

In 2027, the maximum price target is ₹16,492.54 and the minimum price target is ₹11,544.78. However, in 2028, the price target is expected to experience a significant rise, with a maximum target of ₹29,686.57 and a minimum target of ₹20,780.60.

In 2029 and 2030, the price target is expected to continue to rise with the maximum target expected to be ₹60,980.82 and ₹67,910.46, respectively, while the minimum targets are expected to be ₹42,686.57 and ₹47,537.32, respectively.

These projections suggest that the company is expected to experience significant growth over the next several years, with a substantial increase in the maximum price target from 2028 onwards.

However, investors should be aware that there are always risks associated with investing in the stock market, and that these projections are only estimates based on current market conditions and other factors.

Financial Condition of Tasty Bite Eatables Ltd: Last 5 years

FAQS

What has been Tasty Bite Eatables Ltd’s share price performance in recent years?

Tasty Bite Eatables Ltd’s share price has seen steady growth in recent years, with a few fluctuations due to market conditions.

What is the share price target for Tasty Bite Eatables Ltd for 2023?

While there is no official share price target for Tasty Bite Eatables Ltd for 2023, some experts predict that the company’s share price could continue to grow upto ₹16,321.60 by the end of 2023

Can Tasty Bite Eatables Ltd’s share price reach 50,000 INR by 2025?

While reach 50,000 INR by 2025 is difficult, our analysts believe that Tasty Bite Eatables Ltd’s share price could potentially reach ₹27,718.55 INR by the end of 2025. We expect Tasty Bite shares to cross Rs.50,000 by 2030.

What is Tasty Bite Eatables’ share price target of 2030?

As per our analysis, we expect Tasty Bite Eatables to reach ₹67,910.46 by the end of 2030

What factors could influence Tasty Bite Eatables Ltd’s share price in the coming years?

Is Tasty Bite Eatables Ltd a good stock to buy?

Many investors consider Tasty Bite Eatables Ltd to be a good long-term investment, given the company’s strong financial performance and growth potential.

What is Tasty Bite Eatables Ltd’s revenue growth rate in recent years?

Tasty Bite Eatables Ltd has shown a fluctuating revenue growth rate in recent years. It experienced a decline in revenue growth in 2021, followed by a slight recovery in 2022, and a significant growth rate of 28% in 2023. Overall, the revenue growth rate has been influenced by factors such as market demand, product expansion, and geographical expansion.

What is Tasty Bite Eatables Ltd’s profit growth rate in recent years?

Tasty Bite Eatables Ltd has experienced varying profit growth rates in recent years. While it achieved significant growth in 2020 and 2021, with a profit growth rate of 63.3% and 135% respectively, there was a decline in profit in 2022, followed by a recovery in 2023 with a profit growth rate of 200%.

What is Tasty Bite Eatables Ltd’s dividend payout ratio?

The dividend payout ratio for Tasty Bite Eatables Ltd has been consistently low in recent years, ranging from 1% to 2%. This indicates that the company retains a significant portion of its earnings for reinvestment or future growth.

Does Tasty Bite Eatables Ltd have any plans for expansion in the coming years?

Tasty Bite Eatables Ltd has announced plans to expand its product line and increase its production capacity in the coming years, which could potentially drive further growth for the company.

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Conclusion

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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