Astral Ltd is a leading company in India known for its innovative solutions in piping and adhesives. Established in 1996, the company has grown significantly by providing high-quality plumbing and drainage systems. Astral is also involved in the production of adhesives and sealants, which has expanded its presence across various industries. Astral Share Price on NSE as of 4 October 2024 is 1,897.90 INR. Here will provide you with more details on Astral Share Price Target 2024, 2025, 2026 to 2030.
Astral Ltd: Market Overview
- Open Price: 鈧1,921.00
- High Price: 鈧1,925.00
- Low Price: 鈧1,878.05
- Previous Close: 鈧1,918.95
- Volume: 544,086
- Value (Lacs): 鈧10,300.36
- VWAP: 1,897.56
- 52 Week High: 鈧2,454.00
- 52 Week Low: 鈧1,740.00
- P/E ratio: 93.30
- Div yield: 0.20%
- 52-wk high: 鈧2,454.00
- 52-wk low: 鈧1,740.00
- Mkt cap: 鈧50.86KCr
- Face Value: 鈧1
Astral Share Price Chart
Astral Share Price Target Tomorrow 2024 To 2030 (Prediction)
Astral Share Price Target Years | SHARE PRICE TARGET听 |
2024 | 鈧2650 |
2025 | 鈧2950 |
2026 | 鈧3385 |
2027 | 鈧3834 |
2028 | 鈧4475 |
2029 | 鈧4906 |
2030 | 鈧5445 |
Astral Share Price Target 2024
Astral share price target 2024 Expected target could be 鈧2650. Here are three key factors affecting the growth of Astral Ltd鈥檚 share price target for 2024:
- Market Demand and Construction Activity: The demand for piping solutions and adhesives is closely linked to the construction and infrastructure sectors. With ongoing government initiatives aimed at urban development and housing, an increase in construction activity can significantly boost sales for Astral, positively impacting its share price.
- Expansion Strategies: Astral鈥檚 plans for expanding its product range and entering new markets can drive growth. Successful launches of new products or entry into new geographical areas can enhance revenue, attracting investor interest and potentially raising the share price.
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Raw Material Prices and Supply Chain Stability: Fluctuations in raw material costs, such as polymers and chemicals used in manufacturing, can affect profit margins. Additionally, any disruptions in the supply chain can impact production and delivery timelines. Astral’s ability to manage these factors effectively will influence its financial performance and share price in 2024.
Astral Share Price Target 2025
Astral share price target 2025 Expected target could be 鈧2950. Here are three risks and challenges that could impact Astral Ltd’s share price target for 2025:
- Intense Competition: The piping and adhesive market is highly competitive, with numerous domestic and international players. Increased competition can lead to price wars, reduced market share, and lower profit margins. Astral must continuously innovate and maintain product quality to stay ahead.
- Economic Slowdown: A slowdown in the economy can lead to reduced construction and infrastructure spending. As Astral鈥檚 revenue is closely tied to these sectors, any economic downturn could negatively impact demand for its products, leading to a decline in share price.
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Regulatory Changes and Compliance Costs: Changes in government policies, environmental regulations, and compliance requirements can pose challenges for Astral. Adapting to new regulations may result in increased operational costs and can affect profitability, thereby influencing investor sentiment and share performance.
Astral Share Price Target 2030
Astral share price target 2030 Expected target could be 鈧5445. Here are three risks and challenges that could affect Astral Ltd’s share price target for 2030:
- Global Supply Chain Disruptions: Ongoing or new disruptions in global supply chains can impact the availability and cost of raw materials for Astral. Such disruptions may lead to delays in production and higher costs, ultimately affecting profitability and share price performance.
- Technological Advancements: Rapid advancements in technology and materials can disrupt the piping and adhesive industry. If Astral fails to keep pace with innovations, it may lose its competitive edge. This could result in reduced market share and impact long-term growth potential.
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Environmental Sustainability Pressures: Increasing regulatory scrutiny and consumer demand for environmentally friendly products could challenge Astral. The need to invest in sustainable practices and materials may increase operational costs, potentially affecting margins and overall financial performance. Failure to adapt could lead to reputational damage and impact investor confidence.
Shareholding Pattern For Astral Ltd
- Promoters:听54.10%
- Foreign Institutions:听22.48%
- Retail and Others:听10.97%
- Domestic Institutions: 12.45%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE:听
Astral Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 56.41B | 9.36% |
Operating expense | 14.28B | 33.32% |
Net income | 5.46B | 19.60% |
Net profit margin | 9.68 | 9.38% |
Earnings per share | 20.33 | 19.24% |
EBITDA | 9.13B | 13.62% |
Effective tax rate | 25.63% | 鈥 |
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