Bengal Steel Share Price Target – Bengal Steel Industries is presently engaged in the business of Steel Manufacturing and Fabrication, Real Estate, and Other Allied Services. Arrangements are in hand to diversify its line of business for future growth and prosperity.
Bengal Steel Share Price Current Market Overview
- Market Cap: ₹0.02 Cr
- Return on Equity (ROE): 0.76%
- P/E Ratio (TTM): 0.50
- Earnings Per Share (EPS, TTM): ₹0.10
- Price to Book Ratio (P/B): 0.00
- Dividend Yield: 0.00%
- Industry P/E: 50.65
- Book Value: ₹20.07
- Debt to Equity: 0.00
- Face Value: ₹10
Bengal steel share price For 2024 To 2030
Below is an extensive year-smart projection of Bengal Steel’s proportion fee from 2024 to 2030.
³Û·¡´¡¸éÌý | SHARE PRICE TARGET |
2024 | ₹0.08 |
2025 | ₹0.13 |
2026 | ₹0.19 |
2027 | ₹0.24 |
2028 | ₹0.29 |
2029 | ₹0.34 |
2030 | ₹0.40 |
Key Growth Drivers For Bengal Steel Share Price
Bengal Steel’s share price is influenced by several key growth drivers:
- Increasing Steel Demand: The ongoing infrastructure developments in India are expected to significantly boost the demand for steel, benefiting Bengal Steel as it positions itself within this growing market.
- Debt-Free Status: With a debt-to-equity ratio of 0.00, Bengal Steel has no outstanding debt, allowing it to invest in growth opportunities without the burden of interest payments.
- Operational Efficiency: The company is focusing on streamlining operations, which is anticipated to enhance profit margins and attract investor confidence, further supporting share price appreciation.