LT Foods Daawat Share Price Target 2024, 2025, 2027, 2028, 2029, 2030

May 2, 2024 by William

LT Foods Daawat Share Price Target This post provides a projection of Daawat’s stock price over the upcoming decade. Presently, Daawat’s share is valued at 189.75 INR. Analysts anticipate a potential increase to 199.12 INR within the next year. Looking ahead, projections suggest a rise to 238.27 INR in 5 years and 370.13 INR in 10 years, in accordance with present patterns.

LT Foods Daawat Share Price Target

LT Foods, a prominent player in the food industry, is renowned for its global rice sales. The company markets its rice under the ‘Daawat’ brand in India and as ‘Royal’ in North America. 51% of the company is owned by promoters, while the remaining 49% is held by the public, including mutual funds, foreign investors, and retail investors. Established in 1990 by Surendra Arora, LT Foods started as a medium-scale enterprise and has since experienced substantial growth, particularly with the introduction of ‘Daawat’ Basmati Rice. Presently, LT Foods commands a significant portion of the rice market in the United States. Offering a diverse range of rice varieties, the company boasts popular brands such as Daawat, Royal, Devaaya, and Kari Kari. In 2022, LT Foods acquired a 51% stake in Golden Star Company, renowned for its Jasmine Rice. The primary sources of revenue for LT Foods are the USA and India. Detailed information on the expected share price of LT Foods’ Daawat in the upcoming years will be provided.

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LT Foods Daawat Share Price Target 2024, 2025, 2026,2027, 2028, 2029, 2030, 2035

LT Foods (Daawat) Share Price Target 2024 ₹191.75, 2025 ₹199.12, 2026 ₹220.38, 2027 ₹231.50, 2028 ₹238.27, 2029 ₹246.18, 2030 ₹259.00, 2035 ₹370.13.

LT Foods (Daawat) Share Price	Price
LT Foods (Daawat) Share Price Target 2024	₹191.75
LT Foods (Daawat) Share Price Target 2025	₹199.12
LT Foods (Daawat) Share Price Target 2026	₹220.38
LT Foods (Daawat) Share Price Target 2027	₹231.50
LT Foods (Daawat) Share Price Target 2028	₹238.27
LT Foods (Daawat) Share Price Target 2029	₹246.18
LT Foods (Daawat) Share Price Target 2030	₹259.00
LT Foods (Daawat) Share Price Target 2035	₹370.13

LT Foods Daawat Share Price Target 2024

LT Foods, a renowned brand in India, is effectively broadening its operations to more than 65 nations. The USA and India are the top revenue contributors for the company, with 36% and 32% shares, respectively. LT Foods is aiming for swift expansion into new markets in the upcoming years to boost its earnings. Tailored marketing strategies will be implemented for different regions as part of their global expansion efforts. Anticipations are high for an increase in LT Foods’ (Daawat) share price as the company expands, with initial targets set at ₹191.75 and ₹205.75 by the conclusion of 2024.

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LT Foods Daawat Share Price Target 2025

LT Foods boasts a robust distribution network throughout India, making its products accessible in small stores, shopping malls, and over 15,000 retail stores. Additionally, the company is enhancing its online visibility. By venturing into new markets through diverse distribution channels, a substantial growth in sales is anticipated. With the reinforcement of the distribution network, LT Foods’ stock price (Daawat) has the potential to deliver lucrative returns in 2025, targeting ₹199.12 initially and ₹220.12 subsequently.

LT Foods Daawat Share Price Target 2026

LT Foods is experiencing an annual growth in global product demand and is consequently enhancing its production capacity. The company runs high-quality manufacturing plants across India, Europe, and America. In anticipation of a surge in product demand, LT Foods intends to ramp up production and establish additional facilities to effectively fulfill market requirements. Meeting this escalating demand could potentially result in favorable returns for LT Foods’ stock price in 2026, with an initial target of ₹220.38 and a subsequent target of ₹250.38.

LT Foods Daawat Share Price Target 2027

In 2027, the share price of LT Foods could reach ₹231.50..

LT Foods (Daawat) Share Price Target 2027

₹231.50

LT Foods Daawat Share Price Target 2028

The projected target for LT Foods’ share price in 2028 is ₹238.27.

LT Foods (Daawat) Share Price Target 2028

₹238.27

LT Foods Daawat Share Price Target 2029

LT Foods is projected to reach a share price target of ₹246.18 in 2029.

LT Foods (Daawat) Share Price Target 2029

₹246.18

LT Foods Daawat Share Price Target 2030

Anticipate LT Foods’ share price to be priced at ₹259.00 by 2030. The company is concentrating on organic expansion and acquisitions to grow its business. LT Foods is becoming increasingly popular in India and has acquired multiple small enterprises within its industry. Additionally, it is striving to develop new products tailored to customer preferences and market demands. These developments indicate a promising outlook for growth. As consumer purchasing power increases, there is a growing inclination towards branded items, potentially advantageous for LT Foods given its robust brand lineup.