Are you interested in the prospects of Bansal Wire Industries stock? Then, don’t be concerned. We’ll look at forecasts for the future and talk about some things that could affect the price of Bansal Wire Industries stock in the upcoming years in this blog post. In addition to 2024, 2025, and 2026, we’ll present price targets for Bansal Wire Industries Stock that extend to 2030, 2035, 2040, and 2050.
To create this blog on the company’s performance and growth, we can do research and consult with stock experts. However, bear in mind that these are only projections, and the actual price may differ. However, they can offer you a broad notion of what specialists believe to be the stock’s long-term prospects.
Therefore, carefully read this blog post if you want to know how this stock will do in the years to come.
Bansal Wire Industries Ltd: Overview
The flagship business of the Bansal Group is BANSAL WIRE INDUSTRIES LTD. This business has obtained ISO 9001:2015 and IATF:16949:2016 certifications. Among the top manufacturers in the nation of high-carbon and stainless steel wires is Bansal Wire. The Mohan Nagar neighbourhood of Ghaziabad is home to the company’s three productive manufacturing facilities. There are currently 1,66,000 MT of installed manufacturing capacity per year.
Bansal Wire Industries Last 5-Year Performance
Revenue Growth
- 2019: Revenue: INR 1,372 crore
- 2020: Revenue: INR 1,403 crore
- 2021: Revenue: INR 1,477 crore
- 2022: Revenue: INR 2,197 crore
- 2023: Revenue: INR 2,412 crore
- 2024: Revenue: INR 2,284 crore
Debt
| Year | Borrowings/Debt-to-Equity Ratio |
| 2020 |
|
| 2021 |
|
| 2022 |
|
| 2023 |
|
| 2024 |
|
Profit Margins
OPM peaked in 2021 and has been comparatively constant since then.
ROE
An effective use of equity capital is indicated by a robust average ROE of 25%.
Cash Flows
Only in 2023 will there be a sizable positive cash flow, indicating volatility.
Liquidity and Solvency
A high debt-to-equity ratio indicates a need for improved debt management, notwithstanding a reasonable current ratio.
Over the previous five years, Bansal Wire Industries has generally shown development in revenues and earnings; yet, it still confronts difficulties due to its high debt levels and irregular cash flows. The company’s stock has fluctuated a bit, which is indicative of the state of the market and business success.
Bansal Wire Industries Ltd Share Price Target 2024
| 2024 | Share Price Target |
|---|---|
| August | ₹365.09 |
| September | ₹377.56 |
| October | ₹380.09 |
| November | ₹389.15 |
| December | ₹402.39 |
Bansal Wire Industries Ltd Share Price Target 2025
| 2025 | Share Price Target |
|---|---|
| January | ₹408.30 |
| February | ₹413.67 |
| March | ₹421.98 |
| April | ₹424.35 |
| May | ₹428.98 |
| June | ₹429.56 |
| July | ₹431.00 |
| August | ₹435.24 |
| September | ₹438.98 |
| October | ₹445.71 |
| November | ₹459.28 |
| December | ₹467.36 |
Bansal Wire Industries Ltd Share Price Target 2026
| 2026 | Share Price Target |
|---|---|
| January | ₹470.09 |
| February | ₹486.67 |
| March | ₹493.09 |
| April | ₹499.78 |
| May | ₹505.98 |
| June | ₹512.45 |
| July | ₹523.09 |
| August | ₹545.56 |
| September | ₹555.99 |
| October | ₹569.67 |
| November | ₹561.02 |
| December | ₹578.28 |
Bansal Wire Industries Ltd Share Price Target 2027
| 2027 | Share Price Target |
|---|---|
| January | ₹601.98 |
| February | ₹608.67 |
| March | ₹612.09 |
| April | ₹619.78 |
| May | ₹631.98 |
| June | ₹645.45 |
| July | ₹656.61 |
| August | ₹668.24 |
| September | ₹677.09 |
| October | ₹689.85 |
| November | ₹696.77 |
| December | ₹711.61 |
Bansal Wire Industries Ltd Share Price Target 2028
| 2028 | Share Price Target |
|---|---|
| January | ₹711.09 |
| February | ₹719.78 |
| March | ₹734.56 |
| April | ₹744.82 |
| May | ₹748.45 |
| June | ₹752.66 |
| July | ₹758.78 |
| August | ₹761.09 |
| September | ₹766.78 |
| October | ₹769.98 |
| November | ₹771.56 |
| December | ₹776.30 |
Bansal Wire Industries Ltd Share Price Target 2030
| 2030 | Share Price Target |
|---|---|
| January | ₹917.09 |
| February | ₹921.67 |
| March | ₹925.00 |
| April | ₹931.78 |
| May | ₹938.09 |
| June | ₹941.09 |
| July | ₹945.56 |
| August | ₹951.09 |
| September | ₹955.78 |
| October | ₹960.09 |
| November | ₹965.56 |
| December | ₹979.87 |
Investor Type of Ratio Bansal Wire Industries Limited
| Price-to-Earnings (P/E) Ratio: |
|
| Price-to-Book (P/B) Ratio: |
|
| Dividend Yield: |
|
| Return on Equity (ROE): |
|
The Bottom Line
I hope that this blog post will provide you with a basic understanding of Bansal Wire Industries Price Targets. However, keep in mind that these projections are merely a guide, not a destination. Before making any selections, it’s crucial to do your homework and think through your investing objectives because the stock market may be unexpected.