Ultracab Share Price Target Ultracab (India) Ltd., a wire and cable sector company, was established in 2007 and has had success financially. It is anticipated that this company will continue on its path. India’s wire and cable industry is expected to expand quickly, providing Ultracab Ltd with the chance to provide investors with high rates of return on their investment. Unfortunately, unlike what its original investors would have hoped for, Ultracab’s share price hasn’t been showing consistency in its trajectory over time. In order to provide investors with a better understanding of the stock exchange and its risk elements, this article will present the financial health of Ultracab Ltd. and forecast the Ultracab Share Price Target for 2025.
Ultracab Share Price Target 2024, 2025, 2026, 2027, 2028, 2029 To 2030
Ultracab Share Price Target 2024 Rs 11.05, 2025 Rs 14.02, 2026 Rs 15.53, 2027 Rs 18.70, 2028 Rs 20.25, 2029 Rs 23.42, 2030 Rs 26.11.
Yare | Target Price |
2024 | Rs 11.05 |
2025 | Rs 14.02 |
2026 | Rs 15.53 |
2027 | Rs 18.70 |
2028 | Rs 20.25 |
2029 | Rs 23.42 |
2030 | Rs 26.11 |
Category: Stock Market
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Ultracab Share Price Target 2024
Month (2024) | Maximum Target | MinimumTarget |
November | Rs 20.62 | Rs 11.73 |
December | Rs 21.54 | Rs 11.05 |
Also Read ATALREAL Share Price Target
Ultracab Share Price Target 2025
Month (2025) | Maximum Target | MinimumTarget |
January | Rs 22.77 | Rs 11.65 |
February | Rs 23.34 | Rs 12.12 |
March | Rs 24.89 | Rs 12.32 |
April | Rs 25.43 | Rs 12.86 |
May | Rs 26.09 | Rs 12.05 |
June | Rs 27.13 | Rs 13.44 |
July | Rs 27.00 | Rs 13.04 |
August | Rs 28.54 | Rs 13.16 |
September | Rs 28.89 | Rs 13.00 |
October | Rs 29.43 | Rs 14.43 |
November | Rs 30.00 | Rs 14.53 |
December | Rs 30.15 | Rs 14.02 |
Also Read Dax Share Price Target
Ultracab Share Price Target 2026 to 2030
Year | Maximum Target | MinimumTarget |
2026 | Rs 39.40 | Rs 15.53 |
2027 | Rs 48.60 | Rs 18.70 |
2028 | Rs 57.41 | Rs 20.25 |
2029 | Rs 66.35 | Rs 23.42 |
2030 | Rs 75.55 | Rs 26.11 |
Also Read HUDCO Share Price Target
538706: BSE Financials 2024
Ultracab Basic EPS: Rs 0.63
Reserves and Long-Term Borrowings: Rs 18.88 cr and Rs 31.42 cr (March 2024) respectively.
Ultracab 52 Week High-Low: Rs 29.84 – Rs 11.49
Ultracab Ltd Financials 2024
Revenue | 1.24B INR | 15.55% YOY |
Operating expeBSE | 134.82M INR | 18.32% YOY |
Net Income | 59.78M INR | 2.77% YOY |
Net Profit Margin | 4.82 | 11.07% YOY |
Earnings Per Share | | |
EBITDA | 130.77M INR | 7.48% YOY |
Effective Tax Rate | 29.12% | |
Total Assets | 1.03B INR | 16.53% YOY |
Total Liabilities | 650.87M INR | 15.31% YOY |
Total Equity | 379.62M INR | |
Return on assets | 7.97% | |
Return on Capital | 9.79% | |
P/E Ratio | 22.94 | |
Dividend Yield | | |
Ultracab LTD Competitors (Market Cap: 137 crores INR)
- Polycab Mar ket Cap: 100,341 cr INR
- Finolex Cables Market Cap: 25,414 cr INR
- Universal Cables Market Cap: 2,664 cr INR
- Birla Kabel Market Cap: 760 cr INR
Consider before investing in Ultracab BSE Stock
The wire and cable industry in India has been growing (15% CAGR) at double that of the global CAGR growth rate of below 7%, since 2018. The Industrial and commercial demand growth rate in India for wires and cables will witness an even bigger surge in demand over the upcoming years due to factors such as urbanisation and industrialisation. Investors of the above-mentioned wire and cable sector companies can expect a huge return on investment by investing on the stock exchange in companies such as Polycab, Finolex Cables or KEI Industries.
However, the smaller companies offer better opportunities for those looking for short-term investment and big returns on investments. The return and reward factor goes hand in hand with small-cap companies on the stock exchange, as risk factors are always there. Upon that, Ultracab Ltd is trading as a penny stock in the market, and thus, the risk and reward factor gets higher.
The above factors are critical for an investor and further, Ultracab Ltd’s financial numbers hold equally important value to access the performance of the Ultracab Share Price Target. In FY2024, Ultracab revenue & net income witnessed a modest growth rate of 15% & 2% (YOY), respectively. Over the last few years, the growth rate has been there increasing annual financial outcomes for this wire and cable industry company. Investors must be appraise of the fact that Ultracab Share is a penny stock to keep a check on one’s investment quantity.
Conclusion
For the last ten years of trading, the Ultracab Share Price History has been incredibly erratic and volatile on the stock market. Extremely high and low points may be seen throughout the trajectory route of Ultracab stock, which is trade on the Bombay Stock Exchange under the ticker symbol 538706. As a penny stock when it first started, this wire and cable industry stock gave investors significant returns up until 2017. Given that the Ultracab Share Price trajectory predicts a nearly equal chance of this stock staying a penny stock and trading above the upper limit of a penny stock value, the subsequent decline and increase have been particularly spectacular for investors seeking long-term returns on their investments. But the business has had strong financial standing over.
Ultracab Share Price Target Images
FAQs
What is the BSE Ultracab Share Price Target 2024?
The target price for Ultracab shares by 2024 is between Rs 21 and Rs 10.
What is the Ultracab Share Price Target 2025?
Ultracab Share Price Target for 2025 is between Rs 30 and Rs 11.
What is the Ultracab Share Price Target 2026?
The target price for Ultracab shares in 2026 is expect to range from Rs 39 to Rs 15.
What is the Ultracab Share Price Target 2027?
Ultracab Share Price Target 2027 is between Rs 48 and Rs 18.
What is the Ultracab Share Price Target 2028?
Ultracab Share Price Target 2028 is between Rs 57 and Rs 20.
What is the Ultracab Share Price Target 2029?
The target price for Ultracab shares in 2029 is between Rs 66 and Rs 23.
What is the Ultracab Share Price Prediction 2030?
It is project that the price of Ultracab shares will stay between Rs. 75 and Rs. 26 in 2030.