Tirupati Forge Share Price Target The Tirupati Forge Ltd is a company listed on the National Stock Exchanges (NSE) for public share trading. The company’s share prices have grown significantly, securing its position in the stock exchanges. Predictions like Tirupati Forge Share Price Prediction 2025 and 2030 are based on the company’s performance to estimate future share prices. The company uses predicted values to set targeted prices for achieving goals efficiently. This year’s targets were met quickly, indicating potential success in the coming years. Meeting goals easily shows the company’s strong performance.
Tirupati Forge Share Price Target 2050, 2030, 2025, 2024
Share Price Target Range | |
2024 | 16.40 to 13.7 |
2025 | 13.7 to 18.9 |
2026 | 18.9 to 20.6 |
2027 | 20.6 to 24.2 |
2028 | 24.2 to 28.3 |
2030 | 28.3 to 37.9 |
2050 | 50Rs+ |
Category: Stock Market
Tirupati Forge Share Price Target 2024
The company’s profits skyrocketed from 28 lakh rupees in 2020 to 9.42 crore rupees in 2023, indicating significant growth. Therefore, I anticipate that Tirupati Forge’s share price target for 2024 will range between 16.40 Rs and 13.7 Rs.
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Tirupati Forge Share Price Target 2025
Tirupati Forge saw a 223.921% increase in revenue, not just profit. Looking ahead to 2025, the predicted Share Price is estimated to rise between 13.7 and 18.9, reflecting a 37.9% increase.
Tirupati Forge Share Price Target 2030
Tirupati Forge is experiencing annual growth in its net worth, which bodes well for the company’s future expansion. The projected share price for 2030 is estimated to range between 28.3 Rs and 37.9 Rs.
Tirupati Forge Share Price Target 2050
Based on these reports, I anticipate that the company’s stock will soar in the future, reaching a target of over 50 Rs by 2050.
What is Tirupati Forge?
Tirupati Forge is a company that manufactures metal components using the Forge method, which involves shaping molten metals into various forms using machinery rather than traditional blacksmithing techniques.
Information | Details |
Location | Rajkot, Gujarat, India |
Chairman | Hiteshkumar Gordhanbhai Thummar |
Founded | 2012 |
Size | Medium-sized company |
Products | Industrial forgings (car parts, bearings, gears, flanges) |
NSE: | TIRUPATIFL |
Company Essentials
Company Essential | Value |
MARKET CAP | ₹ 160.72 Cr. |
ENTERPRISE VALUE | ₹ 169.80 Cr. |
NO. OF SHARES | 9.80 Cr. |
P/E | 27.59 |
P/B | 4.13 |
FACE VALUE | ₹ 2 |
DIV. YIELD | 0 % |
BOOK VALUE (TTM) | ₹ 3.97 |
CASH | ₹ 0.09 Cr. |
DEBT | ₹ 9.17 Cr. |
PROMOTER HOLDING | 57.69 % |
EPS (TTM) | ₹ 0.59 |
SALES GROWTH | 4.30% |
ROE | 29.91 % |
ROCE | 33.41% |
PROFIT GROWTH | 51.51 % |
Tirupati Forge Financial Trends
The company’s financial performance is intriguing, with revenues surpassing 27.97 Cr ₹ in 2020 and nearly 93.84 Cr ₹ in 2023, reflecting a remarkable growth of 223.921%. Discussing profits, the company has only been profitable due to debts, increasing from 0.28 to 9.43 over the past 3 years. Revenue does not need to be mentioned as the provided statistics encompass all information about the company.
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Pros & Cons Of The Company
Pros
- Their revenue went up by 49.37% in 3 years.
- They have a low PEG ratio at 0.54.
- They saw a big profit jump by 224.83% in 3 years.
- Handling debts well with a 12.77 Interest Coverage Ratio.
- The founders still own a lot, about 57.69%.
- Their cash turnaround is quick, about 77.90 days.
- They are strong financially with a 2.71 current ratio.
Cons
No Cons are there for this company to point out
What is the Tirupati Forge’s Share Price Target in 2024?
Tirupati Forge’s share price may range from 16.40 Rs to 13.7 Rs in the future, with a possibility of increase.
What is the Tirupati Forge’s Share Price Target in 2025?
Tirupati Forge’s stock price is expected to range between 13.7 Rs and 18.9 Rs in the future, with a possibility of further increase.
Tirupati Forge Share Price Target Images
