Mohini Health Share Price Target From 2024 to 2030: Mohini Health is a small cap stock that has made it to the investor’s list in recent couple of years because of sound fundamentals and growth prospects associated with this health care sector. This corporation has been able to withstand the current market condition, therefore attracted the long-term investors towards this stock. In this piece, we will be focusing on the performance of the stocks for Mohini Health. We will present its financials and a Mohini Health Share Price target for each year from 2024 to 2030. Apart from that, we will also answer some of the FAQs that the investors should know.
Current Mohini Health Share Price Performance and Overview
Here is an overview of the current stock performance of Mohini Health and some of the key trading data:
- Low: ₹50.55
- High: ₹51.00
- 52 Week Low: ₹46.00
- 52 Week High: ₹74.90
- Opening Price: ₹51.00
- Previous Close: ₹50.95
- Volume: 9,000 shares
- Total Traded Value: ₹0.05 Crore
- Upper Circuit: ₹61.10
- Lower Circuit: ₹40.80
This is a sign that Mohini Health is trading close to the lower circuit but still, the stock has scope for an upside. The stock has fallen by ₹25.05 in the last one year, which is a 22.17% fall and is trading at around ₹85.95. However, the fundamentals of Mohini Health are quite strong and have a scope for long-term growth.
Mohini Health Share Price: Core Fundamentals
Financials and fundamental metrics represent its position in the market and prospects for its growth:
- Market Capitalisation: ₹93 Crore
- P/E Ratio (TTM): 8.69; well ahead of the Industry P/E at 74.36
- P/B Ratio: 0.93; Stock trading below the book value.
- Debt to Equity: 0.25; boasts of a sound balance sheet with least leverage
- ROE: 9.96%
- EPS-Earning per Share (TTM): ₹ 5.86
- Return yield: 0.98%-gives a constant yield for the investor.
- Face value: ₹ 10/- with book value of ₹55.05.
The P/E ratio of the Mohini Health firm comes out to be 8.69, which is way below its industry position, which is at 74.36 hence makes the firm undervalued in itself. Besides, a less value debt/equity ratio of 0.25 further testifies healthy management control at the firm’s end; meanwhile, ROE also comes out to be at 9.96%, thus marking its profitability level amongst its investors.
Shareholding structure For Mohini Health Share Price
- Promoters: 64.02%
- Retail and Others: 35.93%
- Foreign Institutions: 0.05%
The promoter holding at 64.02% is very high, reflecting great confidence of the key stakeholders in the company. Such promoter ownership levels usually depict stability and long-term vision for growth. Meanwhile, foreign institutional interest is very low at 0.05%, leaving large room for future investment opportunities from foreign players.
Mohini Health Share Price Target From 2024 to 2030
On the basis of the good fundamentals of the company, the growth of the industry and the past performance, here is the share price target expected from Mohini Health in the period 2024-2030.
2024: Mohini Health Share Price ₹75
During the calendar year 2024, Mohini Health will try to get back to the previously levels that have been witnessed due to a recent downfall. Improving health sector and more demands for health related services and operational efficiencies are going to trigger growth.
2025: Mohini Health Share Price ₹105
By 2025, the Mohini Health stock is expected to hit ₹105, based on a good revenue growth, high profitability, and favorable market condition. The undervalued position of the company will attract more investors; this further increases its share price.
2026: Mohini Health Share Price ₹135
The stock will be in the range of ₹135 during the year 2026. The expansion is powered by health care sector growth, market share of a larger, and emergence of new contracts or partnership and revenues are the growth drivers.
2027: Mohini Health Share Price ₹165
Mohini Health share of the firm shall rise to ₹165 by 2027. A steady firm trend is bound to be boosted by the growth drivers as consistency in the business strengthens further strategic investment in the health care technology and innovation.
2028: Mohini Health Share Price ₹200
It would have touched more than ₹200 per share by 2028. That would denote good financial health, leadership in the market and a sound continuance of the confidence reposed in Mohini Health.
2029: Mohini Health Share Price ₹240
It would touch by 2029 at ₹240 as the revenues would be underpinned with growth in profit margins along with further forays in new geographies/markets.
2030: Mohini Health Share Price ₹285
In 2030, Mohini Health would most likely reach the price target of ₹285. This target would reflect the result of long-term strategic growth and improved financial metrics besides a foothold in the health care sector.
Factors driving Growth of Mohini Health Share Price
1. Fundamentals of Strength: It has low P/E ratio and low debt-to-equity ratio besides strong promoter holding, and hence is a worthwhile investment for investors.
2. Health Care Sector Growth: The health care sector is growing at a tremendous pace due to increased demand for medical services, technological advancement, and increased awareness about health.
3. Undervaluation: The P/E and P/B ratios of the stock show that Mohini Health is undervalued in the present scenario, thus providing a good buying opportunity.
4. Financial Health: The company has a healthy debt-to-equity ratio along with consistent ROE, thus showing sound financial health.
5. Promoter Confidence: High growth expectations have also built confidence in the company from the promoters, and this is always a positive signal from the investors.
Risks Involved For Mohini Health Share Price
- Market Volatility: The stock market sees ups and downs, and that impacts the share price of Mohini Health.
- Competition: The health care sector is highly competitive in nature; therefore, Mohini Health has to innovate time and again to sustain its market share.
Changes in healthcare regulations and policy would impact the business of Mohini Health and the bottom line.
Frequently Asked Questions (FAQs) For Mohini Health Share Price
1. What is the Mohini Health Share Price target in 2024?
The Mohini Health Share Price target in 2024 is ₹75.
2. What is the long-term share price target for Mohini Health in 2030?
The long-term share price target for Mohini Health for the year 2030 stands at ₹285.
3. Why is Mohini Health undervalued?
The P/E ratio of Mohini Health is 8.69 and the P/B ratio is 0.93, hence trading below its fair value as compared to the industry.
4. Is Mohini Health a good investment for the future?
Yes, it actually turns out to be a sound long-term investment based on its sound fundamentals, good health in terms of finance and growth prospects.
5. What is the Mohini Health’s dividend yield?
Mohini Health’s dividend yield is 0.98% which in turn gives a stable return to the investors.
6. How much promoters hold in Mohini Health?
Promoters holding in Mohini Health is 64.02% that shows how confident it would be towards the future growth of the company.
Mohini Health is a fundamentally strong company with tremendous growth prospect in the years ahead. Even with the current fall, the share price is highly undervalued and poses a golden opportunity for a long-term investor. Given a yearly price target till 2030 reaching ₹285 for Mohini Health Share Price.
