Joindre Capital Share Price Target From 2024 to 2030: Joindre Capital Services Ltd. is a financial services company with a solid business model and a sound track record. Given that the Indian economy has been on a growth path, the financial services sector, as such, holds bright prospects for investors. The stock performance, historical data, and projections for 2024 to 2030 have been covered in this report, and other important financial parameters are studied to give an overall perspective for investors.
Current Joindre Capital Share Price Performance
Stock performance metrics and key financial metrics by the company are depicted in the following:
- Intrading day’s Low: ₹ 60.05
- Intrading day’s High: ₹ 64.70
- 52 week Low: ₹ 40.03
- 52 week High: ₹ 71.40
- Opening Price: ₹ 62.93
- Previous Close: ₹ 61.78
- Traded Quantity: 43,099 K
- Total Traded Value: ₹ 0.27 crores
- Upper circuit Limit: ₹ 67.95
- Lower Circuit Limit: ₹ 55.61
Main Financial Indicators For Joindre Capital Share Price
- Market Cap: ₹ 86 crore
- P/E ratio for TTM: 23.14
- Industry P/E: 18.62
- P/B Ratio: 1.11
- Debt/ Equity Ratio: 0.17
- ROE or Return on Equity: 12.54%
- EPS (Earnings Per Share): ₹2.67
- Book Value: ₹55.71
- Face Value: ₹10
- Dividend Yield: 3.24%
Shareholding Pattern For Joindre Capital Share Price
- Promoters: 63.68% (no change at the end of September 2024 quarter)
- Retail and Others: 36.32%
Historical Performance and Growth Indicators For Joindre Capital Share Price
Joindre Capital has shown an upward trajectory in the growth curve with robust financial performance and widening market reach. The previous one-year price movement stands at a whopping 56.74%, wherein the stock has performed well amidst investor optimism.
Joindre Capital Share Price Predictions for 2024-2030
Based on Joindre Capital’s current performance, market trends, and economic growth, the share price targets would be:
| YEAR | SHARE PRICE TARGET |
| 2024 | ₹75 |
| 2025 | ₹105 |
| 2026 | ₹135 |
| 2027 | ₹165 |
| 2028 | ₹200 |
| 2029 | ₹240 |
| 2030 | ₹280 |
Analysis of Key Metrics For Joindre Capital Share Price
1. Price-to-Earnings (P/E) Ratio: The P/E ratio of Joindre Capital stands at 23.14, which is a little above the industry average of 18.62, meaning that it is trading at a premium. The reason is obvious: good growth potential along with steady earnings.
2. Dividend Yield: A dividend yield of 3.24% makes Joindre Capital an attractive option for income-driven investors, offering a relatively risk-free return along with capital appreciation.
3. Return on Equity (ROE): The company’s ROE of 12.54% indicates that it has used shareholders’ equity very efficiently in order to generate profit.
4. Debt-to-Equity Ratio: Low debt-to-equity ratio of 0.17 shows that the company has very low debt, making it financially stable and minimizing risk, which is always preferred by long-term investors.
5. Promoter Holding: A high promoter holding of 63.68% that remained unchanged in the quarter indicates confidence in the management of the company and its growth trajectory.
Drivers in Joindre Capital Share Price Growth
- Expanding Financial Services Market: Digitization and growing financial literacy is fuelling the exponential growth of India’s financial services market.
- Strong Fundamentals: Joindre Capital boasts an impressive ROE, low debt, and consistent earnings growth make it a safe investment avenue.
- Dividend Attractiveness: The company’s healthy dividend yield enhances its appeal among conservative investors.
- Positive Market Sentiment: A 56.74% rise in the past year demonstrates strong investor confidence, driven by the company’s performance and economic tailwinds.
- Technological Integration: Adoption of advanced financial technologies could drive operational efficiencies and attract more clients, further boosting revenues.
Risks to Consider For Joindre Capital Share Price
- Market Volatility: The stock’s performance is susceptible to fluctuations in market sentiment and macroeconomic factors.
- Industry Competition: The increased level of competition in the financial services industry will affect market share and margins.
- Regulatory Risks: The profitability of the company may be affected by the amendments in financial regulations or tax policies.
Investment Outlook For Joindre Capital Share Price
Joindre Capital presents a balanced mix of growth and stability, making it suitable for both conservative and growth-focused investors. Its strong financials, attractive dividend yield, and consistent promoter backing add to its appeal. While market risks persist, the company’s fundamentals suggest substantial upside potential, particularly for long-term investors.
FAQ Section For Joindre Capital Share Price
1. What is the share price target for Joindre Capital in 2024?
Share Price Target of Joindre Capital, with 2024 share price targeting at ₹75, has a mediocre growth prospect.
2. What are the reasons that attract to investment in Joindre Capital?
With high ROE, and negligible debt levels, attractive dividend yield of 3.24%, and strong financials, Joindre Capital stands distinct.
3. Is there any risk associated with investment in Joindre Capital?
No, as its low debt-to-equity ratio of 0.17 and consistent performance reduces its risk and is a stable investment option.
4. What is the projected growth for 2030?
By 2030, the stock of Joindre Capital will be ₹280, depicting great long-term growth.
5. What is the performance of Joindre Capital over the last year?
The stock has performed excellently with a growth rate of 56.74% over the last year and it is on account of excellent financials and also good market conditions.
Joindre Capital is very well-positioned for significant growth over the next few years, supported by strong fundamentals, promising market outlook, and consistent investor confidence. With a projected Joindre Capital Share Price of ₹280 by 2030, the stock is an excellent choice for long-term investors seeking a combination of stability and growth.
