“Are you searching for a potential stock to purchase? Take a look at Tasty Bite, a business that is causing a stir in the culinary sector. 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!”
Latest news about Tasty Bite Eatables Ltd
➤December 2022 net sales for Tasty Bite Standalone were Rs. 105.48 crore, up 42.08%. Y-o-Y
Below are the trading platforms that you can use to purchase Tasty Bite Eatables Ltd shares:
|When||Maximum Price||Minimum Price|
The table represents the predicted share prices of Tasty Bite Eatables Ltd for the year 2023. The maximum price of the company’s shares is expected to be Rs. 16,321.60 in December 2023, while the minimum price is predicted to be Rs. 6,433.59 in May 2023. 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. Overall, the table provides valuable insights into the potential trajectory of Tasty Bite Eatables Ltd’s share prices in 2023.
|When||Maximum Price||Minimum Price|
The table shows the predicted share prices of Tasty Bite Eatables Ltd for the year 2024. In January 2024, the 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 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.
|When||Maximum Price||Minimum Price|
The table presents Tasty Bite Eatables Ltd’s predicted share prices for the year 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.
Based on the table, 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
|Year||Maximum Price||Minimum Price|
According to the table provided, 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
|Profit before tax||41.04||47.08||53.35||52.57||14.47|
|Price to earning||71.82||73.04||57.1||94.34||272.4|
Tasty Bite’s financial statement shows a mixed bag of results in the past five years. The company’s revenue growth was robust, with the top line growing steadily from INR 296.07 crore in FY18 to INR 372.09 crore in FY22. However, the bottom line saw fluctuating results, with the profit and loss statement showing both highs and lows in the past five years. The maximum profit after tax (PAT) was recorded in FY20 at INR 40.86 crore, while the minimum was recorded in FY22 at INR 10.33 crore. The company’s profit growth has also been inconsistent, with the earnings per share (EPS) reaching a high of INR 157.15 in FY20 and dropping to INR 39.73 in FY22. The dividend payout ratio has also been erratic, with a maximum of 2.52% in FY22 and a minimum of 1.25% in FY20. However, despite these fluctuations, Tasty Bite has maintained a healthy operating profit margin (OPM) throughout the years, averaging at around 12.5% over the past five years.
Sharekhan on Tasty Bite Eatables Ltd share price target
Sharekhan has given a buy call on Tasty Bite Eatables Ltd. According to him, you can continue buying Tasty Bite Eatables Ltd share with a target price of Rs9680.
Motilal Oswal on Tasty Bite Eatables Ltd share price target
Motilal Oswal has given a buy call on Tasty Bite Eatables Ltd. According to him, you can continue buying Tasty Bite Eatables Ltd share with a target price of Rs9406.
Tasty Bite Eatables Ltd’s share price has seen steady growth in recent years, with a few fluctuations due to market conditions.
While there is no official share price target for Tasty Bite Eatables Ltd for 2023-2030, some experts predict that the company’s share price could continue to grow steadily over the coming years.
While it is difficult to predict with certainty, some experts believe that Tasty Bite Eatables Ltd’s share price could potentially reach 50,000 INR by 2025.
Factors such as changes in consumer demand, competition, global economic conditions, and government regulations could all potentially impact 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’s revenue growth rate has been consistently positive in recent years, with the company reporting a 9.8% increase in revenue in the 2021 fiscal year.
What is Tasty Bite Eatables Ltd’s profit growth rate in recent years?
Tasty Bite Eatables Ltd’s profit growth rate has also been consistently positive in recent years, with the company reporting a 46.3% increase in net profit in the 2021 fiscal year.
What is Tasty Bite Eatables Ltd’s dividend payout ratio?
Tasty Bite Eatables Ltd’s dividend payout ratio has varied over the years but has remained relatively low, ranging from 1.25% to 2.52%.
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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In conclusion, Tasty Bite has demonstrated consistent increase in revenue and PAT over the previous five years, with compound annual growth rates of 9.28% and 7.84%, respectively. Operating profit margin for the company has varied during this time from 9.22% to 16.09%. Even if the share price has changed over time, the anticipated goals for 2023 to 2030 suggest a promising future for investors. The price ranges from $6,433.59 to 67,910.46, with a minimum price of $6,433.59. There is the possibility for large profits on investment. Overall, people looking to invest may find Tasty Bite to be a good choice given its steady development and future expectations.
What did we learn?
- 1 Latest news about Tasty Bite Eatables Ltd
- 2 How to purchase Tasty Bite Eatables Ltd shares?
- 3 Tasty Bite Eatables Ltd Share Price Prediction: 2023 to 2030.
- 4 Tasty Bite Eatables Ltd Share Price Prediction 2023.
- 5 Tasty Bite Eatables Ltd Share Price Prediction 2024.
- 6 Tasty Bite Eatables Ltd Share Price Prediction 2025.
- 7 Tasty Bite Eatables Ltd Share Price Prediction 2026-2030.
- 8 Financial Condition of Tasty Bite Eatables Ltd: Last 5 years
- 9 Tasty Bite Eatables Ltd share price target by Experts
- 10 FAQS
- 10.1 What has been Tasty Bite Eatables Ltd’s share price performance in recent years?
- 10.2 What is the share price target for Tasty Bite Eatables Ltd for 2023-2030?
- 10.3 Can Tasty Bite Eatables Ltd’s share price reach 50,000 INR by 2025?
- 10.4 What factors could influence Tasty Bite Eatables Ltd’s share price in the coming years?
- 10.5 Is Tasty Bite Eatables Ltd a good stock to buy?
- 10.6 What is Tasty Bite Eatables Ltd’s revenue growth rate in recent years?
- 10.7 What is Tasty Bite Eatables Ltd’s profit growth rate in recent years?
- 10.8 What is Tasty Bite Eatables Ltd’s dividend payout ratio?
- 10.9 Does Tasty Bite Eatables Ltd have any plans for expansion in the coming years?
- 11 Conclusion