Bodal Chemicals Ltd is a leading chemical company in India, specializing in manufacturing dye intermediates, dyestuffs, and basic chemicals. The company serves a wide range of industries, including textiles, leather, and paper, both domestically and internationally. Known for its integrated operations, Bodal Chemicals focuses on sustainable practices and innovation to maintain its market position. Bodal Chemicals Share Price on NSE as of 22 November 2024 is 71.15 INR. Here will provide you more details on Bodal Chemicals Share Price Target 2024, 2025, 2026 to 2030.
Bodal Chemicals Ltd: Market Overview
- Open Price: ₹71.40
- High Price: ₹71.96
- Low Price: ₹70.73
- Previous Close: ₹71.15
- Volume: 156,341
- Value (Lacs): ₹111.31
- VWAP: ₹71.39
- UC Limit: ₹85.38
- LC Limit: ₹56.92
- P/E ratio: 290.05
- Div yield: N/A
- 52-wk high: ₹100.95
- 52-wk low: ₹65.80
- Mkt cap: ₹896.09°ä°ù
- Face Value: ₹2
Bodal Chemicals Ltd Competitors
Here are four competitor companies of Bodal Chemicals Ltd with their market capitalizations:
- Deepak Nitrite Ltd – Market Capital: ₹35,987 crore
- Solar Industries India Ltd – Market Capital: ₹30,000 crore (approx.)
- Linde India Ltd – Market Capital: ₹1,00,000 crore (approx.)
- Aarti Industries Ltd – Market Capital: ₹28,000 crore (approx.)
Bodal Chemicals Share Price Chart
Bodal Chemicals Share Price Target Tomorrow 2024 To 2030
Bodal Chemicals Share Price Target Years | Share Price Target |
2024 | ₹101 |
2025 | ₹120 |
2026 | ₹140 |
2027 | ₹160 |
2028 | ₹180 |
2029 | ₹200 |
2030 | ₹220 |
Bodal Chemicals Share Price Target 2024
Bodal Chemicals share price target 2024 Expected target could be ₹101. Here are three key factors likely to influence Bodal Chemicals’ share price target for 2024:
- Demand for Dye and Chemical Products
Bodal Chemicals’ growth is heavily dependent on demand from industries like textiles, leather, and paper. A rise in demand for eco-friendly dyes and chemicals could boost revenue, positively impacting the share price. - Global and Domestic Market Trends
Export growth and favorable global trade conditions, alongside India’s increasing focus on domestic manufacturing, can enhance Bodal Chemicals’ market position. Any trade agreements or tariff changes may also play a significant role. -
Raw Material Cost Management
The availability and pricing of raw materials, such as caustic soda and acids, are critical. Efficient cost management and supply chain resilience could protect margins and support profitability, influencing investor confidence in 2024.
Bodal Chemicals Share Price Target 2025
Bodal Chemicals share price target 2025 Expected target could be ₹120. Here are three key factors that could affect Bodal Chemicals’ share price target for 2025:
- Expansion into New Markets and Products
Bodal Chemicals is focusing on diversifying its product portfolio, particularly by venturing into eco-friendly and specialty chemicals. By expanding into higher-margin products and exploring new geographical markets, the company can capture growth opportunities and enhance its competitive edge in the global market​. - Regulatory and Environmental Compliance
With increasing environmental regulations in the chemicals industry, especially concerning dye production and hazardous waste management, Bodal’s ability to adapt to stricter regulations could impact its operational costs and sustainability practices. Companies that proactively invest in eco-friendly technologies are likely to see better long-term growth​. -
Raw Material Price Volatility and Supply Chain Efficiency
Fluctuations in the price of raw materials, such as chemicals and energy, could affect Bodal’s profit margins. Effective management of these costs, along with improvements in its supply chain and logistics, will be critical for maintaining profitability and supporting its share price growth.
Bodal Chemicals Share Price Target 2030
Bodal Chemicals share price target 2030 Expected target could be ₹220. Here are three potential risks and challenges that could affect Bodal Chemicals’ share price target for 2030:
- Fluctuating Raw Material Costs
The chemical industry is highly sensitive to fluctuations in raw material prices, especially for base chemicals like caustic soda and other intermediates. An increase in input costs without the ability to pass these costs onto customers could negatively impact profitability, which might hurt the stock price in the long run​. - Environmental Regulations and Compliance Costs
With growing global emphasis on sustainability and environmental protection, the chemical industry is likely to face stricter regulations regarding emissions and waste disposal. Bodal Chemicals may incur higher compliance costs, and failure to meet these regulations could result in fines or reputational damage, affecting investor sentiment​. -
Intense Competition and Market Saturation
Bodal Chemicals operates in a competitive market with several strong players, both domestically and internationally. As the market for dyes and chemicals becomes more saturated, the company may face challenges in maintaining its market share, especially if competitors offer better prices or innovative products. This could lead to margin compression and hinder long-term growth.
Bodal Chemicals Ltd Shareholding Pattern
- Promoters: 57.32%
- FII: 0.67%
- DII: 0.01%
- Public: 42%
Bodal Chemicals Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 13.95B | -11.41% |
Operating expense | 6.11B | 8.35% |
Net income | 64.69M | -82.99% |
Net profit margin | 0.46 | -80.99% |
Earnings per share | 0.51 | -83.17% |
EBITDA | 1.10B | -20.10% |
Effective tax rate | -36.85% | — |
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