Shanti Spintex Share Price Target From 2024 to 2030: Shanti Spintex is one of the reputed names in the textile industry. This is the company that has managed to get a name for good spinning and yarn production. It always was performance-oriented, focused always on efficiency and quality of operation. The company’s shares are currently trading at 65.80 INR, and at that price, the market capitalization of the company is 111.12 Crores with a P/E ratio of 7.49. This gives a signal that the stock is undervalued compared to its peers in the same industry. The 52-week high of Shanti Spintex is 96.92 INR, and its 52-week low is 46.25 INR.
The promoter holding in Shanti Spintex stands at an uncompromising 73.57%, whereas Retail and others hold 25.71% and other Domestic Institution 0.72% of the equity shares respectively. Promoter Holding was also reduced to its own lower level from 73.42% down to 64.64 % as of September Quarter ending 2024. Nonetheless the growth plans have grown well enough to indicate what these projected share price targets could see the company do within itself in the following years onward.
Current Numbers For Shanti Spintex Share Price
- Opening Price: 66.00 INR
- Day’s High: 66.00 INR
- Day’s Low: 65.70 INR
- P/E Ratio: 7.49
- Market Cap: 111.12 Cr
- Dividend Yield: Not applicable
- 52-Week High: 96.92 INR
- 52-Week Low: 46.25 INR
The robust financials and strong operating capabilities of the company have all the makings for potential multi-baggers in the next few years, and the share price projections indicate so.
Shanti Spintex Share Price Target From 2024 to 2030
| YEAR | SHARE PRICE TARGET |
| 2024 | ₹100 |
| 2025 | ₹150 |
| 2026 | ₹200 |
| 2027 | ₹250 |
| 2028 | ₹300 |
| 2029 | ₹350 |
| 2030 | ₹400 |
2024: Shanti Spintex Share Price Target – 100 INR
By the end of 2024, the share price of Shanti Spintex should be 100 INR and that is based on a strategic approach for its improvements in productivity and the effective operation of its management systems. Optimizing supply chains by utilizing economies of scale can significantly contribute to growth by the company.
2025: Shanti Spintex Share Price Target – 150 INR
It is expected to go up to 150 INR by 2025. The increased demand for textile products would create a good domestic and international market. This may lead to increasing capacity and venturing into the newer geography, thereby fuelling the growth further.
2026: Shanti Spintex Share Price Target 200 INR
The share price of Shanti Spintex will go up to 200 INR by 2026 with higher profit margins due to improved operational efficiency of the company. It will get the much-needed push for it in the next level from investments in technology and sustainability.
2027: Shanti Spintex Share Price Target 250 INR
In 2027, the price target is 250 INR, as the company is capable enough to capture market opportunities by innovation and diversified product lines. The company’s commitment towards quality and customer satisfaction will continue to fuel its growth.
2028: Shanti Spintex Share Price Target – 300 INR
Shanti Spintex will touch 300 INR share price by 2028 due to a sustainable revenue growth trend along with increased investor confidence and strategic partnerships and collaborations that will be helpful in reaching the milestone.
2029: Shanti Spintex Share Price Target 350 INR
As forecasted, the share price shall hit 350 INR in the year 2029 considering the pattern followed by the company along with its flexibility towards the fluctuation of the market. Further, growth may emerge from expanding in the developing economies as well as launching new products.
2030: Shanti Spintex Share Price Target 400 INR
The share price of Shanti Spintex would reach 400 INR by 2030 because the company enjoys sound fundamentals and dominance in the textile industry. Its continued thrust on innovation and sustainability would definitely make it a market leader.
Factors that Impact Shanti Spintex Share Price Growth
1. Market Trends: This would be the reason why the demand for high-quality textile products would come through due to a more significant consumer expenditure as well as a focus on the practice of sustainability. That is the kind of opportunity which would very well be tapped by the Shanti Spintex.
2. Promoters Holdings: While it has witnessed a decline percentage in the promoter’s holding currently at 73.57%. And, hence an assumption comes that promoters do feel quite confident regarding the outlook of the company.
3. Operational Efficiency: The thrust of the company in cost cutting and efficiency will enhance value addition to its profit margins and hence increase its value as an investment.
4. Technology and Innovation: The investments by the company in high-end technology as well as sustainability will surely place it ahead of any competition in the market.
5. International Business: The international marketing expansion plans of Shanti Spintex will open new growth avenues for the company and increase revenues further.
FAQs For Shanti Spintex Share Price
Q1: What is the share price of Shanti Spintex currently?
Answer: The current share price of Shanti Spintex is 65.80 INR as of the last trading session.
Q2: What is the market cap of Shanti Spintex?
Answer: Shanti Spintex has a market cap of 111.12 Crores.
Q3: What is the P/E ratio of Shanti Spintex?
Answer: The P/E ratio of Shanti Spintex is 7.49, and hence the stock is undervalued in comparison with industry standards.
Q4: What has driven the growth of Shanti Spintex?
Answer: Market demand for textile products, efficient operations, investing in technology, and also expansion of business globally
Q5: Shareholding pattern of Shanti Spintex?
Answer: Promoters 73.57%, Retail and Others 25.71%, Other Domestic Institutions 0.72%.
Q6: What is the expected Share Price of Shanti Spintex for the year 2030?
It is going to be sure to have a share price of INR 400 by the end of the year 2030, which would definitely make sure that it has the continuous growth and market leaders.
Q7: Is promoter’s holding recently updated?
Answer: There has been a decline of the promoters’ holding over the quarter ending September 2024 down from 73.42% to 64.64%.
Q8 What is the 52-week high and low of Shanti Spintex?
The 52-wk H S stands at 96.92INR; whereas the lowest can go down to INR46.25.
Shanti Spintex is one of the prominent players in the textile industry. It has an excellent background and has great scope in terms of growth. Hence, such a good background in terms of finances would make it attractive when blended with strategic company-level strategies and market-related opportunities; it would make an alluring long-term investment proposal. The share price forecast 2024 targets have pegged at 100 INR and 400 INR by 2030; thus, offering wide-open growth scope for the shareholders.
