Dhatre Udyog Limited, formerly known as Narayani Steels Limited, is an Indian company specializing in the production of iron and steel products. Established in 1996, the company manufactures a diverse range of products, including TMT bars, rebars, MS grade angles, flats, squares, rounds, and wire rod coils. These products cater to various industries, such as construction and infrastructure development. Dhatre Udyog operates manufacturing facilities in Vizianagaram, Andhra Pradesh, ensuring a robust supply chain to meet market demands. Dhatre Udyog Share Price on BOM as of 13 December 2024 is 12.25 INR. Here will provide you more details on Dhatre Udyog Share Price Target 2024, 2025, 2026 to 2030.
Dhatre Udyog Ltd: Market Overview
- Open Price: ₹12.65
- High Price: ₹12.65
- Low Price: ₹11.90
- Previous Close: ₹12.32
- Volume: 79,459
- Value (Lacs): ₹9.73
- VWAP: ₹12.19
- UC Limit: ₹14.78
- LC Limit: ₹9.86
- P/E ratio: 16.26
- Div yield: N/A
- 52-wk high: ₹27.75
- 52-wk low: ₹10.90
- Mkt cap: ₹133.47°ä°ù
- Face Value: ₹1
Dhatre Udyog Ltd Competitors
As of December 13, 2024, Dhatre Udyog Ltd has a market capitalization of approximately ₹1.33 billion. In comparison, some of its competitors in the steel industry include:
- JSW Steel Ltd: Market cap of ₹2.32 trillion.
- Tata Steel Ltd: Market cap of ₹1.76 trillion.
- MFS Intercorp Ltd: Market cap of ₹1.33 billion.
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Eastcoast Steel Ltd: Market cap of ₹1.33 billion.
Dhatre Udyog Share Price Chart
Dhatre Udyog Share Price Target Tomorrow 2024 To 2030
Dhatre Udyog Share Price Target Years | Share Price Target |
2024 | ₹28 |
2025 | ₹32 |
2026 | ₹36 |
2027 | ₹40 |
2028 | ₹44 |
2029 | ₹48 |
2030 | ₹52 |
Dhatre Udyog Share Price Target 2024
Dhatre Udyog share price target 2024 Expected target could be ₹28. Here are 4 Key Factors Affecting Growth for Dhatre Udyog Share Price Target 2024:
- Increased Infrastructure Spending: Government initiatives to boost infrastructure development, including housing and transportation, are expected to drive demand for steel products, positively impacting Dhatre Udyog.
- Capacity Expansion: Enhancing production capacity and streamlining operations to meet higher demand could improve the company’s revenue and market positioning.
- Steel Price Trends: Favorable market conditions with stable or rising steel prices will support better profit margins and strengthen investor confidence.
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Improved Operational Efficiencies: Continuous efforts in upgrading technology, reducing costs, and optimizing supply chain management can enhance profitability and business sustainability.
Dhatre Udyog Share Price Target 2025
Dhatre Udyog share price target 2025 Expected target could be ₹32. Here are 4 Key Factors Affecting Growth for Dhatre Udyog Share Price Target 2025:
- Expanding Market Share: Dhatre Udyog’s efforts to increase its presence in both domestic and international markets through strategic partnerships or new customer acquisitions can significantly boost its growth prospects.
- Diversification of Product Offerings: Introducing new steel products or value-added services could help the company cater to a wider range of industries, including automotive, construction, and infrastructure, driving higher demand.
- Technological Advancements: Investments in cutting-edge technology for manufacturing and quality control can enhance product quality, reduce costs, and improve operational efficiency, leading to better profit margins.
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Sustainability and Environmental Initiatives: The growing importance of sustainable practices in the steel industry can present opportunities for companies that adopt green manufacturing techniques, positioning Dhatre Udyog as an environmentally responsible player in the market.
Dhatre Udyog Share Price Target 2030
Dhatre Udyog share price target 2030 Expected target could be ₹52. Here are 4 Risks and Challenges for Dhatre Udyog Share Price Target 2030:
- Fluctuating Raw Material Costs: Steel production heavily depends on raw materials like iron ore and coal. Significant price volatility or supply chain disruptions could negatively impact Dhatre Udyog’s profitability.
- Economic Downturns: A slowdown in economic growth or a downturn in key sectors like construction and infrastructure could reduce the demand for steel, affecting the company’s revenue and stock price.
- Intense Competition: The steel industry is highly competitive, with both domestic and international players. Increased competition could lead to margin pressures, pricing wars, and loss of market share for Dhatre Udyog.
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Regulatory and Environmental Compliance: Stringent environmental regulations and compliance requirements, along with the potential for policy changes, may increase operating costs or limit production capabilities, posing challenges for long-term growth.
Dhatre Udyog Ltd Shareholding Pattern
- Promoters: 64.64%
- Retail and others: 35.36%
Dhatre Udyog Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 2.08B | 93.99% |
Operating expense | 129.52M | 21.94% |
Net income | 111.74M | 67.21% |
Net profit margin | 5.38 | -13.78% |
Earnings per share | — | — |
EBITDA | 45.61M | -35.18% |
Effective tax rate | 28.22% | — |
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