Bharat Gears Share Price Target From 2024 to 2030: Bharat Gears Limited, BGL is a one-stop destination for manufacturing gears and its transmission components for automobiles. The company has created a niche in the automobile component industry in India. Founded in 1971, the company is mainly known for precision-engineered goods for the automotive and industrial worlds. This article provides comprehensive analysis on the share price targets of Bharat Gears at 2024 to 2030, focusing on finances, market dynamics, and prospect of growth.
Company Overview
Bharat Gears is one of the prominent names in the auto-components industry that offers solutions for various kinds of vehicles such as commercial vehicles, passenger cars, and off-road vehicles. The company has a robust manufacturing base coupled with innovation and has been one of the most reliable names for Original Equipment Manufacturers (OEMs) in India and other countries.
Key Information For Bharat Gears Share Price
- Market Capitalisation: ₹152.65 Crores
- P/E Ratio: 33.83
- 52-week High: ₹134.00
- 52-week Low: ₹95.82
- Current Price: ₹99.10
Bharat Gears Share Price Performance
Despite a share price depreciation of 14.31% over the last year, Bharat Gears has much more to achieve given its position in the market, consistent operating efficiency enhancement, and increased demand for good quality auto component companies. The company’s drive to technologically advance through collaboration on an international platform has been able to strengthen prospects even more.
Shareholding Pattern For Bharat Gears Share Price
- Promoters: 55.32% (unchanged)
- Retail and Others: 43.40%
- FII: 1.25% (decreased from 1.27%)
- Other Domestic Institutions: 0.03%
Promoter’s consistent hold is indicative of the positivity about the company. Sizeable shareholder base is supported by retail investors.
Prediction of Bharat Gears Share Price Target (2024-2030)
| YEAR | SHARE PRICE TARGET |
| 2024 | ₹140 |
| 2025 | ₹180 |
| 2026 | ₹222 |
| 2027 | ₹265 |
| 2028 | ₹310 |
| 2029 | ₹360 |
| 2030 | ₹425 |
2024: Bharat Gears Share Price Target ₹140
The downtrend recently faced by Bharat Gears is expected to be reversed with the share price reaching ₹140 by the end of 2024. This would come on the back of uptrends in the automobile sector and improving production efficiency, thereby bringing about better profit margins.
2025: Bharat Gears Share Price Target ₹180
The target share price by 2025 will stand at ₹180. Expected to report revenue growth would be through strategic partnerships for OEMs and investments on R&D for developing specialized components for advanced automotive items.
2026: Bharat Gears Share Price Target ₹222
The stock of Bharat Gears will see the figure of ₹ 222 by 2026. This is supported on account of the growing demand in electric and hybrid vehicles with which Bharat Gears will take a huge share in respect of supplying specialized components.
2027: Bharat Gears Share Price Target ₹265
By 2027, Bharat Gears’ globalization and diversification into other non-automotive segments are likely to drive the share price to ₹265.
2028: Bharat Gears Share Price Target ₹310
The company is likely to deliver a share price of ₹310 in 2028 as it will be able to enhance operational efficiencies and a larger product portfolio catering to the commercial and industrial sectors.
2029: Bharat Gears Share Price Target ₹360
Bharat Gears is going to touch ₹360 by 2029, capitalizing on the rising adoption of automated and connected vehicles that necessitate precision-engineered parts.
2030: Bharat Gears Share Price Target ₹425
The long-term goal for 2030 would be ₹425 as it captures how the company can continue to sustain its growth momentum through innovation, increased exports, and deeper relationships with global OEMs.
Key Growth Drivers For Bharat Gears Share Price
- Automotive Sector Revival: The automotive sector should begin to recover post the pandemic, which will raise demand for products of Bharat Gears.
- Electric Vehicles (EVs): As EV adoption increases, Bharat Gears expects new revenue streams through specialized transmission components.
- International JVs: Strategic global OEM partnerships will increase company market share and global footprint.
- Technological Upgrades: Investments in latest manufacturing processes will enhance efficiency and profitability.
- Increased Exports: International market expansion by the company will contribute a large percentage of revenue.
Financial Highlights For Bharat Gears Share Price
- Stable Promoter Holding: The promoter holding is stable at 55.32%. It gives confidence to the prospect of the company.
- Retail Participation: Retail investors form a large percentage, which is 43.40%. It reflects interest in the stock.
- Decline in FII Holdings: FII holding has declined marginally from 1.27% to 1.25% in September 2024. It shows cautious optimism on part of foreign investors.
- No Mutual Fund Activity: The stock has witnessed scant interest from institutional and mutual fund investors, perhaps due to company size and the niche businesses operated.
Problems/Risks For Bharat Gears Share Price
- Volatility: The stock dropped by a sharp 14.31% in the past calendar year, exposing the entity to market fluctuations.
- Increased Competition: The auto-component industry faces intense competition where cost-innovation pressures continue to emerge.
- International Economic Slowdown: With the slowdown of the international economy, it is expected that the demand for the company’s product would decline.
- Over-Dependence on Automotive Industry: The company is susceptible to sector-specific issues due to excessive dependence on the automotive sector.
FAQs about Bharat Gears Share Price
Q1: What is the current share price of Bharat Gears?
The current share price of Bharat Gears is ₹99.10.
Q2: Why has the share price declined in the last one year?
The decline in the share price by 14.31% is due to market volatility, subdued performance of the automotive sector, and investor sentiment.
Q3: What is the shareholding pattern of the company?
Promoters have 55.32%, retail and others have 43.40%, FIIs have 1.25%, and other domestic institutions have 0.03%.
Q4: Does Bharat Gears pay dividends?
So far, Bharat Gears does not have any consistent dividend policy. Currently, the dividend yield is at zero.
Q5: What is the 2030 share price target for Bharat Gears?
2030 Share Price Target is at ₹425. The above target shall be due to long-term growth that shall be achieved because of technological advancements and expansion into markets.
Q6: What growth drivers will fuel Bharat Gears’ growth?
An uptick in the auto space, increasing adoption of electric vehicles, global linkages, and exports have been significant growth drivers.
Q7: Is FII investing in Bharat Gears?
Even though FII shares declined marginally from 1.27% to 1.25%, FII count remains intact at nine.
Q8: Is promoter holding a significant growth trigger?
Consistent at 55.32%, signals by promoters holding continues to depict confidence in its growth.
The resurging automobile industry and the high-demand of high-end transmission components can now fully exploit Bharat Gears. Despite all the problems faced by the company, its fall in the share price over the past few months, innovation in work, expansion into overseas markets, and operational efficiency still seem justified for further growth into the future. ₹425 in the share price by 2030 further supports the long-term potential value for investors from this company. Investors should take into account market risks and conduct due diligence before investing.
