Surya Roshni Share Price Target From 2024 to 2030: Surya Roshni Ltd is an all-established name in the Indian market and is the leader in manufacturing lighting products, steel pipes, and PVC pipes. Over the years, by the consistent expansion of its product line and robust market presence, it has been a contributing factor to its sustained growth and investor interest. Herein, we detail the analysis of the share price target of Surya Roshni from 2024 through 2030 by considering financial metrics, the shareholding pattern, market performance, and growth prospects.
Overview of Surya Roshni Ltd.
Surya Roshni Ltd. was incorporated in 1973 from the small steel pipe manufacturer to a leader among India’s largest producers of lighting solutions and steel products. The company operates in two prime business segments:
- Lighting Division: This encompasses LED bulbs, tube lights, and other energy-efficient lighting products.
- Steel Division: This category comprises steel pipes, PVC pipes, and other industrial products.
This has made Surya Roshni, as a brand, succeed as a dependable brand through quality and innovations for products that cater to both consumers and industrial markets.
Key Financials and Highlights For Surya Roshni Share Price
- Current Share Price: ₹560.45
- Market Capitalization: ₹6,090 Crore
- P/E Ratio: 16.79
- Dividend Yield: 0.98%
- 52-Week High: ₹841.65
- 52-Week Low: ₹467.55
The P/E ratio stands at 16.79, indicating moderate valuation, meaning the stock might still be attractive for the investors seeking a balance between growth and value. The dividend yield, at 0.98%, provides income for investors but is not very high.
Shareholding Pattern For Surya Roshni Share Price
The shareholding pattern of Surya Roshni reveals that there is strong promoter presence with a mix of retail, institutional, and foreign investments as follows:
- Promoters: 62.96%
- Retail and Others: 30.90%
- Foreign Institutions (FII/FPI): 4.87%
- Other Domestic Institutions: 0.90%
- Mutual Funds: 0.37%
Shareholding Trends Analysis For Surya Roshni Share Price
- Promoters Holding: The promoters held a consistent share of 62.96% in the September 2024 quarter. Consolidated holding at such a level is positive in nature as it reflects confidence in long-term growth prospects of the company.
- Foreign Institutional Investors (FII): The increase in FII/FPI holding from 4.49 to 4.87% indicates that international investors are taking more interest. Number of FII/FPI investors increased from 115 to 134, which also shows increased confidence in the stock.
- Mutual Funds: Holding by the mutual fund was still the same at 0.37% but the schemes investing in it has increased from 4 to 5 which can be said as being very cautious and hopeful.
- A rise in the institutional investors’ holding has gone up from 5.49% to 6.14%. The company’s ownership base remains strong.
Price Chart for Surya Roshni Share Price (2023-2024)
During the last twelve months, Surya Roshni has had an appreciation of share price by 11.30% with a movement from ₹503.55 to ₹560.45. This reflects that the business model of the company remained sustainable and it could stand all the onslaughts in the market.
- Open Price: ₹589.00
- High Price: ₹597.95
- Low Price: ₹550.75
The price action is quite strong in terms of trading range with investors being interested in it at multiple levels. The stock has resisted and kept its value irrespective of the market movements, thus showing healthy investor sentiment.
Surya Roshni Share Price Target from 2024 to 2030
Based on the company’s financial performance, industry trends, and market potential, here are the projected share price targets for Surya Roshni from 2024 to 2030.
2024 Surya Roshni Share Price Target: ₹875.2
₹875.2 is a projected share price target for the year 2024. In that, the upside looks promising from the current level. Demand for energy-efficient lighting solutions and growth in the steel pipe segment are expected to form the main cause of this growth.
2025: Surya Roshni Share Price Target of ₹1,406
The share price would be ₹1,406 by 2025. This would be because Surya Roshni has been continually focusing on innovation and has further extended its product line in the field of LEDs. Because of further strategic alliances and investments in developing technology, the growth in its profit would be even more.
2026: Surya Roshni Share Price Target of ₹1,609
Share price target for Surya Roshni is estimated at ₹1,609 by 2026. This will primarily be driven by growth in more adoption of LED lighting and expansion in the steel division. Surya Roshni is sure to enhance profitability, mainly with a well established distribution network, besides increased presence of international markets.
2027: Surya Roshni Share Price Target at ₹1,840
The share price target for the year 2027 has been put at ₹1,840. Globally, sustainable and energy-efficient products are on the rise, and this company is perfectly placed for long term growth and profitability. In addition, infrastructure development by the government shall create more demand for steel pipes.
Surya Roshni Share Price Target of ₹2,105 as on 2028
In 2028, Surya Roshni share price target is projected at ₹2,105. The company is likely to benefit from its diversified product portfolio, catering to both consumer and industrial markets. Expanding its international footprint could provide new revenue streams, boosting investor confidence.
2029: Surya Roshni Share Price Target of ₹2,409
The share price target for the year 2029 is estimated at ₹2,409. The image of the company will continue being on innovation, higher manufacturing capacity, and enhanced distribution channels. Surya Roshni may improve its profit margins through its supply chain optimization efforts.
2030: Surya Roshni Share Price Target of ₹2,757
The long-term share price target of Surya Roshni for the year 2030 is ₹2,757. Here, the strategical initiatives of the company combined with a strong market demand for its products are expected to drive sustained growth for the company. Investments in new technologies and product lines may further enhance its position in the market.
Causes Affecting Surya Roshni Share Price
- Demand for LED Lighting: The increasing adoption of energy-efficient lighting solutions will lead to revenue growth for the company.
- Infrastructure Growth: The expansion of the construction and infrastructure sectors will drive demand for steel pipes, one of Surya Roshni’s core products.
- Technological Advancements: Innovations in product design and manufacturing processes could enhance efficiency and profitability.
- Market Sentiment: Positive investor sentiment, driven by strong financial performance and strategic initiatives, could lead to upward price movement.
- Global Market Trends: Expansion into international markets and favorable trade policies could provide new growth opportunities.
FAQs For Surya Roshni Share Price
1. Is Surya Roshni a good stock for long-term investment?
Surya Roshni has systematically demonstrated growth and also diversified products. Given the fact that the company holds a strong presence in both lighting as well as the steel businesses, it can be considered as a potential share for long-term investors.
2. What will be the share price of Surya Roshni in 2025?
Target share price for Surya Roshni 2025 is ₹1,406.
3. Why FII/FPI holdings rise up in Sep 2024?
Holding of the company increases from 4.49% to 4.87% of FII/ FPI holding. This figure indicates that FII/FPI, due to the strong financial performance of this company and prospect growth, were interested in investing.
4. What is the Dividend Yield of Surya Roshni?
Dividend Yield of Surya Roshni is 0.98%. The dividend yield will provide a small profit on the share price for the shareholder.
5. What are risks of investment in Surya Roshni?
The biggest risks come from the fluctuations in the raw material prices, chances of change in government policies, and increased competition in the lighting as well as the steel segments.
6. What are the 52-week high and low of Surya Roshni?
The 52-week high is ₹841.65 and the 52-week low is ₹467.55.
In the conclusion, Surya Roshni has a strong growth prospect for the coming years. Its diversified business model, expanding market presence, and focus on innovation would lead to growth and development in its business lines. However, market and company developments should alert investors at the time of making an investment decision.
