Rox Hi-Tech Share Price Target From 2024 to 2030: Rox Hi-Tech is a leading technology and manufacturing company in the world, renowned for its solutions as innovative and for excellence. The company deals with a variety of industries such as automation, industrial robotics, and advanced manufacturing technologies. Over the years, Rox Hi-Tech has earned an excellent reputation for quality and customer satisfaction.
The company is gradually expanding its product line to meet the market demand with a rich research and development team. Based on the financial performance, market presence, and practice of innovation, Rox Hi-Tech is an exciting investment opportunity for long-term prospects.
Key Financial Highlights For Rox Hi-Tech Share Price
- Current High: ₹99.85
- Current Low: ₹98.60
- 52 – Week High: ₹191.40
- 52 – Week Low: ₹95.90
- Market Cap.: ₹226 Crore
- P/E Ratio (TTM ): 10.63
- P/B Ratio: 2.44
- Industry P/E: 61.90
- Debt to Equity: 0.50
- Return on Equity: 20.40%
- EPS (TTM): ₹9.30
- Book Value: ₹40.51
- Dividend Yield: 0.00%
- Face Value: ₹10
The company has experienced time. So, it is probably that it managed to maintain the balance sheet very strong, holding growth and profit margins together as well.
Rox Hi-Tech Share Price Over Time
Today, the stock price of Rox Hi-Tech is ₹98.90, which has decreased by -32.26% over one year. Fundamentals are still good so even if it’s having some issues lately, a good investment for the long term.
Shareholding Pattern For Rox Hi-Tech Share Price
- Promoters: 58.94%
- Retail and Others: 40.87%
- Foreign Institutions: 0.18%
The stable promoter holding of almost 59% raises confidence about the sustainable company growth. Also, such a high percentage of shareholding by retail investors marks the high interest from market participants.
Rox Hi-Tech Share Price Forecast through 2024 to 2030
With the help of the study on the market situation, financials, and sectors, the share price predictions by Rox Hi-Tech will be provided as follows:
| Year | Share Price Target |
| 2024 | ₹200 |
| 2025 | ₹300 |
| 2026 | ₹400 |
| 2027 | ₹500 |
| 2028 | ₹600 |
| 2029 | ₹700 |
| 2030 | ₹800 |
2024: Rox Hi-Tech Share Price Target ₹ 200
The pressure of the recent market will not be imposed on Rox Hi-Tech because it will recover and eventually reach the share price target of ₹200 by 2024. The growth will be based on the innovative solutions offered and increasing its market share.
2025: Rox Hi-Tech Share Price Target ₹300
The company will ride on the strengths of fundamentals and technology by 2025. Share price will touch ₹300. Strategic alliances and new products are going to be strong drivers.
2026: Rox Hi-Tech Share Price Target ₹400
The growth path sustains in 2026. Share price will be ₹400. This can happen due to the robust R&D capacities of Rox Hi-Tech and expansion of markets.
2027: Rox Hi-Tech Share Price Target ₹500
Rox Hi-Tech is expected to touch ₹500 in the year 2027. It is going to be touched with increased demand for products and services both in the domestic and international markets.
2028: Rox Hi-Tech Share Price Target ₹600
The company is going to touch ₹600 by 2028. Sustainable growth strategies, cost optimization, and technological advancement will support this increasing trend.
2029: Rox Hi-Tech Share Price ₹ 700
By the end of 2029, Rox Hi-Tech should touch ₹700. It is the efficiency of the company in holding profitability and responding to market changes that may prove crucial in reaching such a target.
2030: Rox Hi-Tech Share Price ₹ 800
Rox Hi-Tech will touch a share price of ₹800 by 2030. This phenomenal growth is expected through long-term investments in technology, expansion in the market, and the confidence of shareholders.
Growth Drivers For Rox Hi-Tech Share Price
- Good Financials: The debt equity ratio is low and the ROE is high, so it reflects that Rox Hi-Tech is using its resources in an efficient manner and making a profit.
- Market Growth: This would be increasing revenue for the company due to the entry into new markets and industries.
- Technological Innovation: Steadfast investment in R&D and innovation would provide a suitable way of ensuring that the business stays top in the highly competitive world of high-tech business.
- Promoter Confidence: Only consistent holding of promoters would render the company suitable for steady growth.
- Industry Growth: Demand for automation as well as advanced manufacturing technology will prevail. This acts as a booster for Rox Hi-Tech.
Risks and Challenges For Rox Hi-Tech Share Price
Investors should also be aware of the fact that even though there are growth prospects, there are risks as well.
- Market Volatility: There may be ups and downs in the stock market that could influence the share price.
- Economic Conditions: The business will be faced with challenges in the changing global and domestic economic conditions.
- Competition: The technology industry is very competitive, and there is always a need to innovate to be on top.
FAQs About Rox Hi-Tech
Q1. Is Rox Hi-Tech a good long-term investment?
A1. Rox Hi-Tech is a good long-term investment with robust financials, innovative solutions, and market presence. Share price targets have projected much potential for growth.
Q2. Why is the share price down in the last calendar year?
A2. The share price declined because the market was quite volatile at that time, and it also had a very bad time in the economy. But basically, the company’s stability is strong enough to recover.
Q3. What growth drivers are available for Rox Hi-Tech?
A3. Growth drivers would be technological innovation, market expansion, consistent financial performance, and also confidence of the promoters.
Q4. What is dividend policy?
A4. Dividend yield of Rox Hi-Tech is 0.00%. It may have a preference for keeping earnings for reinvestment in growth than paying it out as dividends.
Q5. How does it compare with its industry peers?
A5. P/E ratio of Rox Hi-Tech is relatively low compared to the industry. This is a reflection that the stock has an element of undervaluation for the investors. Good ROE coupled with optimising resources makes the firm stand apart from the rest of the companies.
Q6 What are the future plans of Rox Hi-Tech?
A6 The Company would strive to be large in the market and invest in research, also introduce new products.
Rox Hi-Tech stays solid with grounds for long-term growth by powerful financials, innovative practices, and potential at the market. Indeed, despite its small weakness with the shares on this year’s performance as projected with share prices going from 2024-2030, there are quite big opportunities that can surface for investors.
As the company continues to innovate and grow, Rox Hi-Tech is well placed to deliver value to shareholders. The investors should therefore keep tabs on the company’s performance and industry trends to make proper decisions.
