Tolins Tyres Share Price Target 2024 to 2030: Tolins Tyres is a well-established player in the tire manufacturing sector, known for producing high-quality tires across various segments, including commercial and passenger vehicles. The company has attracted significant interest from investors due to its consistent growth trajectory and robust fundamentals. This article examines potential share price targets for Tolins Tyres from 2024 to 2030, informed by current market trends, financial metrics, and overall company outlook.
Tolins Tyres Share Price Target
These metrics indicate that Tolins Tyres operates with a moderate level of debt (debt-to-equity ratio of 0.78) and provides a solid return on equity (25.87%). The company’s higher P/E ratio compared to industry averages suggests a valuation premium, likely due to investor optimism about future growth. Tolins Tyres Share Price Target 2024 250, 2025 302, 2026 326, 2027 376, 2028 428, 2029 485, To 2030 533.
Tolins Tyres Share Price Overview
Financial Metric | Value |
Market Capitalization | ₹851 Crore |
Opening Price | ₹210.25 |
Previous Closing Price | ₹216.47 |
Volume | 257,503 |
Daily High | ₹214.99 |
Daily Low | ₹205.64 |
All-Time High | ₹239.40 |
All-Time Low | ₹205.64 |
Return on Equity (ROE) | 25.87% |
Price-to-Earnings Ratio (P/E) | 32.74 |
Earnings Per Share (EPS) | ₹6.58 |
Price-to-Book Ratio (P/B) | 2.83 |
Dividend Yield | 0.00% |
Debt-to-Equity Ratio | 0.78 |
Book Value | ₹76.07 |
Share Price Performance (1 Year) | -22.36% |
Tolins Tyres Share Price Targets 2024 to 2030 Forecast
Year | Share Price Target (₹) |
2024 | 250 |
2025 | 302 |
2026 | 326 |
2027 | 376 |
2028 | 428 |
2029 | 485 |
2030 | 533 |
Category | Stock Market |
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Tolins Tyres Share Price Target 2024 2025, 2026, 2027, 2028, 2029 To 2030
Tolins Tyres Share Price Target 2024 250, 2025 302, 2026 326, 2027 376, 2028 428, 2029 485, To 2030 533.
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Target Analysis Share Price 2024:- 250
For 2024, Tolins Tyres is projected to experience a moderate recovery following a challenging year, marked by a decline of 22.36%. Strong fundamentals, particularly its high ROE (25.87%) and manageable debt, suggest potential for short-term recovery. The anticipated share price target of ₹250 by the end of 2024 reflects the company’s financial stability and growth prospects.
Target Analysis Share Price 2025:- 302
In 2025, Tolins Tyres is expected to benefit from increased demand driven by rising vehicle sales and a recovery in the automotive sector. With a robust product portfolio and strong distribution network, the company is likely to see further growth. The projected share price target of ₹302 for 2025 indicates a significant 20% increase from the previous year.
Target Analysis Share Price 2026:- 326
By 2026, Tolins Tyres should further solidify its market position. With a book value of ₹76.07 and a steadily rising EPS (₹6.58), the company is poised for ongoing growth. The P/B ratio of 2.83 suggests the stock is fairly valued relative to its assets, making it attractive to investors. The target for 2026 is set at ₹326.
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Target Analysis Share Price 2027:- 376
For 2027, Tolins Tyres is expected to build on its solid foundation, with consistent revenue and profit growth. If favorable market conditions persist and the ROE remains above 25%, the share price could rise to ₹376 by the end of the year. This reflects strong investor confidence in the company’s long-term potential.
Target Analysis Share Price 2028:-428
In 2028, Tolins Tyres may capitalize on rising global demand for tires, particularly in emerging markets. The company’s ability to innovate and expand its product range will be crucial in driving share price growth. The target for this year is projected at ₹428, reflecting these positive trends.
Target Analysis Share Price 2029:- 485
By 2029, Tolins Tyres is anticipated to enhance its market presence both domestically and internationally. The company’s strong performance amid increasing competition and its commitment to innovation and customer satisfaction could push the share price to ₹485, representing substantial growth from current levels.
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Target Analysis Share Price 2030:- 533
By 2030, Tolins Tyres is forecasted to reach a share price of ₹533, supported by solid fundamentals and continued growth in the tire industry. The company’s expansion into new markets and ongoing investment in research and development are expected to yield strong returns, attracting more investors.
Tolins Tyres Shareholding Pattern
Understanding the shareholding distribution helps gauge market confidence:
Shareholder Type | Percentage Holding |
Promoters | 68.53% |
Retail and Others | 23.29% |
Foreign Institutions | 6.92% |
Other Domestic Institutions | 1.26% |
Factors Influencing Tolins Tyres Share Price
Various factors could affect Tolins Tyres’ future share price:
Influencing Factor | Impact |
Automobile Industry Growth | Directly correlates with tire demand. |
Raw Material Costs | Fluctuations can impact profit margins. |
Expansion Plans | Successful market entry can boost growth. |
Technological Advancements | Innovations help maintain competitive edge. |
Debt Management | Effective management is essential for stability. |