Croissance Share Price Target From 2024 to 2030: Croissance is one of the most volatile small-cap companies around the Indian stock market, which has drawn attention from the investors. Its scope of growth and fundamentals reveal that the company is at the crossroads and has something to offer short-term as well as long-term investors. This article reflects on the market performance of Croissance along with other critical financial metrics and Croissance Share Price targets from 2024 to 2030.
Current Market Performance For Croissance Share Price
Croissance’s stock performance exhibits volatility and price recoverability potential. The details are provided below at current dates:
- Opening Price: โน3.61
- Day’s High: โน3.64
- Day’s Low: โน3.50
- Market Cap: โน24.27 Cr
- Price-to-Earnings (P/E) Ratio: 459.74
- Dividend Yield: โ
- 52-Week High: โน7.45
- 52-Week Low: โน3.28
This stock is trading at near 52-week lows, which means that over the past year, it has lost a lot of value. The -6.84% annual loss translates the investor’s recent emotions but provides scope for value investors to jump in at current prices.
Fundamental Analysis For Croissance Share Price
The fundamentals of Croissance reflect mixed messages to potential investors:
- Market Cap (โน24.27 Cr): It would be small-cap and thus potentially a more volatile stock. But also, at the same time, a good growth prospect in the right conditions.
- P/E Ratio (459.74): An extremely high P/E ratio is a sign that the stock is trading at a severe premium to its earnings. The valuation here reflects rather highly expected growth about the company’s future.
- Dividend Yield (โ): Croissance does not pay dividends at present, indicating that profits are ploughed back into operations for growth.
- Promoter Holdings (59.74%): Promoters hold a considerable stake that reflects confidence over the prospects of the company. Retail and others 40.26% indicate a balanced pattern of ownership that is stable.
- 52-Week Range: The wide range between โน3.28 and โน7.45 indicates significant price fluctuations. It suggests potential for growth as well as further declines.
Shareholding Pattern For Croissance Share Price
The stability in promoter holdings at 59.74% by September 2024 indicates comfort with the management and the operations of the company. The remaining 40.26% is held by retail investors, and this contributes to moderate price volatility because retail investor sentiment can sway short-term prices.
Croissance Share Price Target from 2024 to 2030
The share price forecasts of Croissance from 2024 to 2030 are gradual but considering the company exploiting improvements and gains from operations and market opportunities.
Year | Target |
2024 | โน7.50 |
2025 | โน11.23 |
2026 | โน11.89 |
2027 | โน12.68 |
2028 | โน13.58 |
2029 | โน14.58 |
2030 | โน15.68 |
2024: Croissance Share Price Target โน7.50
Croissance share price is expected to recover from its current lows as market confidence improves. A target of โน7.50 is achievable if the company demonstrates operational stability.
2025: Croissance Share Price Target โน7.75
The Croissance Share Price could rise further to โน7.75, fueled by steady performance and market optimism. Positive developments in its sector or earnings growth would contribute significantly.
2026: Croissance Share Price Target โน8.10
By 2026, Croissance will be in a better position due to enhanced investor confidence. The Croissance Share Price would then hike up to โน8.10. Improvements in earnings and operations would be key for the said target.
2027: Croissance Share Price Target โน8.45
Croissance in 2027 can have modest growth, with a maximum of โน8.45. The company’s expansion plans or offering innovative products will be a boost for this target as well.
2028: Croissance Share Price Target โน8.90
Croissance Share Price may reach as high as โน8.90 in 2028, with steady financial growth and stable economic condition.
2029: Croissance Share Price Target โน9.38
By 2029, the Croissance Share Price may soar to โน9.38, riding on strategic growth initiatives, increased market presence, or favorable industry trends.
2030: Croissance Share Price Target โน9.88
In 2030, Croissance may reach a maximum price of โน9.88, based on long-term growth in earnings and improved perception in the market.
Determinants of Croissance Share Price
Several factors will play a determinant role in the share price of Croissance:
- Market Sentiment: Investor sentiment on small-cap stocks, such as Croissance, will go a long way in determining price action.
- Sectoral Growth: Growth in the operating sector will have positive effects on revenue and earnings.
- Operational Improvements: Inefficiencies need to be addressed and profitability enhanced for sustainable growth.
- Promoter Stability: The promoters’ holding has not altered; this is a good omen for long-term stability and may attract institutional investors.
- Macro-Economic Conditions: Global and domestic economic conditions, such as inflation, interest rates, and GDP growth, would impact market trends and valuations.
Risks and Challenges For Croissance Share Price
There are risks and challenges associated with investing in Croissance also:
- High Valuation: High P/E ratio of 459.74 indicates that the stock is priced for perfection. Therefore, a little underperformance may lead to a steep fall.
- No Dividend Payout: Non-payment of dividend is a deterrent for income-led investors.
- Volatility: The stock has wide price range over the last year indicates that it is more volatile.
- Dependency on Retail Investors: If retail investors hold a big chunk of the company, then there is a probable increase in volatility.
Frequently Asked Questions (FAQs) For Croissance Share Price
Q1. Is Croissance a good investment for the long term?
Answer: Croissance has great prospects as a long-term investment, given the price and growth prospects at which it is offered. However, its high valuation and volatility may not allow it to be an ideal investment for risk-averse investors.
Q2: Estimate how much Croissance’s share would be in 2030?
Answer: Going by steady growth and the current operational improvements, by 2030, it would reach a peak of โน9.88.
Q3. Why is Croissance trading with a high P/E ratio?
Answer: This high P/E ratio of 459.74 indicates market expectations of meaningful future growth in earnings. But it also shows that the stock is expensive relative to current earnings.
Q4. Does Croissance pay dividend?
Answer: No, Croissance does not pay any dividends currently. The company is more about reinvesting into the business for its future growth.
Q5. What are the risks of investing in Croissance?
Answer: Key risks include high valuation, no dividends, and susceptibility to market volatility since it’s a small cap.
Q6. What percentage of Croissance is held by promoters?
Answer: Promoters hold 59.74 percent of Croissance as of September 2024, which has been stable ownership.
Growth provides a speculative prospect to investors who wish to benefit from its growth prospect. The Croissance Share Price target of the equity from 2024 to 2030 indicates steady growth, which is due to operational enhancement and market mood. However, high valuation and volatility make such investment cautious with proper due diligence. Long term prospects depend on the ability of the company to bring earnings improvements, remove volatility in stock values, and forecast better performances at the investor side.