Bhandari Hosiery Exports Share Price Target From 2024 to 2030: Bhandari Hosiery Exports Limited is one of the leaders in the textile and garment industry which has diversified the range of knitted fabrics and garments. Quality products were produced and became a reliable exporter in the international market. Market Capitalization ₹173.08 crores and P/E Ratio is at 20.58 Bhandari Hosiery Exports, attractive investment for retail investors as well as institutional players. Provide the Bhandari Hosiery Exports Share Price Target From 2024 to 2030 with future price quotes from 2024 until the year 2030. More importantly insight into the financial performance and a look at the investor base through all sorts of market positioning.
About the Company
Bhandari Hosiery Exports Limited is a company registered since 1993. It is located in Ludhiana, Punjab, India. The company manufactures knitted fabrics and garments, which are exported all over the world. Some of its products are given below:
- T-shirts
- Polo shirts
- Sweatshirts
- Track pants
- Sportswear
- Kids’ wear
Bhandari Hosiery Exports heavily depended on the factors of quality and innovations that helped the company receive long-term relationships with their foreign buyers. Its commitment to practicing sustainability and responsible manufacturing only adds more value as far as the business is concerned.
Shareholding Pattern For Bhandari Hosiery Exports Share Price
As of September 2024, Bhandari Hosiery Exports had the following shareholding pattern:
- Retail and Others: 68.98%
- Promoters: 31.02%
Importantly, the promoters have improved their shareholding position from 27.63% to 31.02% in the quarter of September 2024. That means they still believe in growth prospects and the future growth of the company.
Financial Key Stats For Bhandari Hosiery Exports Share Price
- Open: ₹7.25
- High: ₹7.36
- Low: ₹7.09
- Market Capitalization: ₹173.08 crore
- P/E Ratio: 20.58
- Dividend Yield: 0.14%
- 52-Week High: ₹11.32
- 52-Week Low: ₹5.46
Stock has witnessed the sale at ₹ 7.22 along with 30.09% growth from previous year, that would easily leave some space for some growth under the pressure from the competitors on the Company.
Bhandari Hosiery Exports Share Price Targets From 2024 to 2030
The following is the price forecast for the share through the basis of financial analyses of the company, Trend and Growth of Industry, analysis of Bhandari Hosiery Exports.
| Year | Share Price Target |
| 2024 | ₹12 |
| 2025 | ₹18 |
| 2026 | ₹24 |
| 2027 | ₹30 |
| 2028 | ₹36 |
| 2029 | ₹42 |
| 2030 | ₹48 |
Growth-driven Factors For Bhandari Hosiery Exports Share Price
Healthy export base will assure the demand for sounds of exports. Gaining from international markets on account of a growing need for good quality knitted fabrics and garments, primarily through the growth in top-line revenue is expected from the present fiscal.
Bhandari Hosiery Exports is enhancing capacity and market share, which should translate into better revenues growth in the short term.
- Promoter Confidence: Increase in promoter holding is a sign that goes ahead in building confidence in the company’s future performance.
- Sustainable Practices: This is a company nudged into sustainability and responsible manufacturing. These are the global trends and that’s why the environmentally sensitive consumer is targeted by the company.
- Industry Trends Working in Favor: The textile and apparel industry is growing gradually, primarily because of increasing disposable income and an ever-increasing love for branded as well as quality products.
Investment Opportunity For Bhandari Hosiery Exports Share Price
Bhandari Hosiery Exports is an attractive long-term investment. With revenue and profit numbers steady over the last quarter of years, this corporation is likely to avail this opportunity by market movement. Share price targets showing boldly that a fair margin for high growth prevails when investments in the company have been foreseen.
Risk and Challenges For Bhandari Hosiery Exports Share Price
As promising an investment, growth-wise in the name of Bhandari Hosiery Exports carries the following risk and challenges:.
- Market Volatility: The inherent price volatility of raw materials and also in the currency exchange may hurt the profitability of the company.
- Competition: The textile and apparel sector is highly competitive. Domestic as well as international players are competing in the market to grab more share.
- Policies: Government policies or any kind of changes in the trade regulations can disturb the work of the company and this may affect the export performance.
FAQs For Bhandari Hosiery Exports Share Price
1. What is today’s Bhandari Hosiery Exports Share Price?
Today’s Bhandari Hosiery Exports share price is at ₹7.22
2. What is the 52-week high and low?
The 52 week high is at ₹11.32 and the 52 week low is at ₹5.46.
3. What is the Market Cap of the company?
Bhandari Hosiery Exports Market cap: ₹173.08 Cr.
4. Are the promoters holding more lately?
Yes, promoters have hiked their holding from 27.63% to 31.02% in the September 2024 quarter.
5. What is the Bhandari Hosiery Exports Share Price target of 2024?
The Bhandari Hosiery Exports Share Price target for 2024 has been forecasted at ₹12.
6. Bhandari Hosiery Exports is a good long term investment?
Yes, because of the growth prospects that this firm holds, aggressive market position, maintaining consistent finance performance, firm holds good long term investment opportunities.
Bhandari Hosiery Exports is one quality, innovative, and sustainable textile and apparel company. Among the companies that would provide good investment opportunity, due to its good financial performance, increasing promoter confidence, and positive industry trend, the Bhandari Hosiery Exports Share Price targets for 2024 to 2030 would showcase tremendous growth potential for the investors with a huge return in the long run.
However, the inherent risk would be judged by the investors while doing the proper due diligence before their investment made. With tremendous fundamental and growth strategies on extremely robust places in all avenues, within an exceedingly near future, good enough value would be developed to be created for Bhandari Hosiery shareholders as well.
