Tirupati Forge Share Price Target From 2024 to 2030: Tirupati Forge Limited is one of the Indian manufacturing industries, which specializes in producing forged components used in automobile, power, and engineering sectors. The strengths are based on forging technology that helps in producing strong components in terms of strength requirements in those related engineering’s areas of work, for instance, automobiles and heavy machinery. The stock prices of Tirupati Forge have witnessed impressive growth over the last year and, in that sense, represented potentiality of the company with resurgence within the manufacturing sector of India.
This report would mainly detailly analyze the company’s current financials, its stock performance, and its projection for share price from 2024 to 2030. The impact of recent change in shareholding pattern including enhanced interest in the stock by institutions too shall be addressed.
Tirupati Forge Share Price Forecasting
Considering the financial metrics of Tirupati Forge, let’s dive into the share price forecast.
- Open: ₹55.29
- High: ₹55.45
- Low: ₹54.18
- M Cap: ₹530.96 Crore
- P/E: 66.78
- D/Y: Not Applicable
- 52W H: ₹55.45
- 52 W L: ₹11.55
- Current Market Price: ₹54.18 (up by ₹41.98 or +344.10% in one year).
Tirupati Forge had seen a tremendous growth in the last one year by registering a rise of 344.10%. Which means that the stock is doing extremely well and the market is upbeat about future prospects. The stock has moved from as low as ₹11.55 to ₹55.45 in the last one year, thereby showing investors have reposed immense confidence in the company.
Shareholding Pattern For Tirupati Forge Share Price
- Promoters: 55.76%
- Retail and Others: 44.20%
- FII’s: 0.03%
At 55.76%, the promoters have a strong shareholding control of total shares, and the retail and others holders have a considerable stake of 44.20%. The FII is the lowest holder with 0.03%. Though a low foreign institutional investment is seen, the rising FII holdings from 0.00% to 0.03% within the September 2024 quarter assure good international investor participation in Tirupati Forge.
Shareholding Changes For Tirupati Forge Share Price
- Promoter Holding : The promoters held at the level of 55.76% which have been stable and positive indicator about the long term prospects of the company.
- Foreign Institutional Investors (FII): FII holding has marginally increased from 0.00% to 0.03% with increase in FII investors by 1 to 2, it can be evident that the foreign investor starts realizing the potential of Tirupati Forge and would pump more in future.
- Institutional Investors: Overall, institutional investors have increased their holdings from 0.00% to 0.03%. Although the percentage is still low, this is a great signal that institutional interest in Tirupati Forge is now picking up.
Fundamental Analysis For Tirupati Forge Share Price
1. Revenue and Profitability
Tirupati Forge stock price has gained sharply and registers improvement in its underlying business. It is revealed that the increased demand for forged components by the company is seen to rejuvenate the automotive and manufacturing industries post the pandemic.
This would imply a rather high P/E ratio of 66.78, indicating that the investors expect quite healthy growth in the future from this company. It could equally suggest that the stock is overpriced at the current level. Therefore, delivery is the key; it is important that Tirupati Forge delivers on these expectations through effective revenue growth and profitability.
2. Promoter Confidence
With 55.76%, promoters of Tirupati Forge have the highest controlling interest. This makes for a long-term sustainable company. Promoters have not sold any shares, so the growth prospects of the company are exactly where they would like them to be. Such stable patterns of ownership are highly appreciated by investors because they indicate management is on the same side as shareholders’ interests.
3. Interest of FII and Institutions
Though the increase in FII holding is small, it does indicate that there is growing interest from international institutional investors in Tirupati Forge. The forgings market is gaining more demand in the global markets. Institutional investors will look at adding more of Tirupati Forge to their portfolios if the company continues to grow by increasing market share.
The stock price will be supported considerably by institutional interest as institutional investors bring stability and liquidity in the market. Even a small increase in institutional holding will work well for the future of the company.
4. Growth Potential in Indian Manufacturing:
Indian manufacturing is one of the prime drivers of growth in India, with rapid growth, giving a potential share of this sector to Tirupati Forge. With the government promoting schemes like “Make in India” and “Atmanirbhar Bharat, there is an increased demand for local procurement products like forged components in coming years. The company will be well positioned to capitalize on that demand that can lead to growing top lines as well as profitability for the company in the near term.
Tirupati Forge Share Price Target 2024-2030
Given the large-scale growth prospects of the company, the performance of the Indian manufacturing sector, and the recent rally in stock price, here are the Tirupati Forge share price target from 2024 to 2030.
| Year | Target |
| 2024 | ₹70 |
| 2025 | ₹115 |
| 2026 | ₹165 |
| 2027 | ₹225 |
| 2028 | ₹278 |
| 2029 | ₹336 |
| 2030 | ₹387 |
Tirupati Forge Share Price Target Detailed Analysis 2024: ₹70
Tirupati Forge would continue its trend to be upward moving with a reasonable price appreciation, and the average market price could reach ₹70 by 2024, driven by continued recovery in the manufacturing and the automotive sector and the strong market leadership of the company.
2025 Tirupati Forge Share Price Target: ₹115
An increase in strength in global demand for forged components and captures of new opportunities by Tirupati Forge will force the stock price even higher by 2025. With this in mind, we present the share price target at ₹115 that reflects a hike in investor confidence, driven strongly by its fundamentals and market opportunities opening up further.
Target for Tirupati Forge Share Price by 2026: ₹165
By 2026, the company is expected to grow with its price worth up to ₹165. For Tirupati Forge to achieve this price, the company will have to sustain competitiveness, enlarge its customer base, and increase its operational efficiency.
2027 Tirupati Forge Share Price Target: ₹225
In 2027, when the demand for forged parts goes on rising with Tirupati Forge, the business improves its market share and strengthens the Indian manufacturing base; the stock could reach as high as ₹225.
2028 Tirupati Forge Share Price Target: ₹278
Tirupati Forge can reach a price target of ₹ 278 by the end of 2028, given continued business expansion, increased efficiency in operations, and a favorable economic scenario. When the company sustains a strong position in the forging industry, people would be high on investing more in the share price
2029 Tirupati Forge Share Price Target:₹336
Major Surge: This should be seen in the company’s growth over 2029. For a stock that has such a target price of ₹336, the company can be expected to grow considerably in the coming year, with backing from the strategic technology, infrastructural, and market growth by Tirupati Forge.
2030 Tirupati Forge Share Price Target: ₹387
By 2030, Tirupati Forge is expected to be a leading player in the forging industry at ₹387. It will be through the steady growth in the production sector and the adaptability of the company towards changing market conditions and capitalizing new opportunities.
FAQs For Tirupati Forge Share Price
1. Why have the shares of Tirupati Forge gone so on the up over the last one year?
One presumes that the stock price of Tirupati Forge has risen due to a combination of factors-the revival of the manufacturing sector as a whole, increased demand for forged components and investor optimism over the growth prospects of the company.
2. What is the P/E ratio of Tirupati Forge and what does it tell?
The P/E ratio of Tirupati Forge has been recorded as 66.78 times, and it’s quite at a higher side. It reveals that the future growth expectation is quite very high and investors can afford to pay the premium for the stock. Alternatively, it may also sometimes point out the overvalued price of the stock in the current scenario.
3. Is Tirupati Forge a good long-term bet?
Absolutely, given that it has a dominant position in the marketplace, forged component sales are going up, and the growth prospects for the Indian manufacturing space are quite promising.
4. What is promoter holding impact on the share price of Tirupati Forge?
As promoter holding stands at 55.76 percent, it indicates quite a strong control and stability at the firm’s level. Normally, that is a sign approved by investors, because they would consider that the promoters are committed to the long-term prosperity of the firm.
5. What are the risks that investors should note when making investments into Tirupati Forge?
Risks include the following: raw material price fluctuations, or governmental policy swings, and global economic conditions affecting the demand for forged components.
A lot has been seen in the Tirupati Forge Share Price since its inception and the company has been doing well for one year in succession. This allows the outlook of the company to remain positive. With solid fundamentals, expanding markets, and an empowering strategic position within the forging industry, the Tirupati Forge Share Price has every potential march upwards till 2030, ₹387. Significant developments in the manufacturing sector and global trends on the economy will determine the future performances of the company.
