Forge Auto International Ltd is an Indian company that specializes in manufacturing automotive components, particularly forged parts used in vehicles. It serves various industries, including automotive, agriculture, and engineering, by providing high-quality, durable products. The company focuses on innovation and advanced manufacturing techniques to meet the needs of its customers. Forge Auto Share Price on NSE as of 23 December 2024 is 84.15 INR. Here will provide you more details on Forge Auto Share Price Target 2024, 2025, 2026 to 2030.
Forge Auto International Ltd: Market Overview
- Open: 鈧�85.00
- High: 鈧�87.90
- Low: 鈧�84.00
- Previous Close: 鈧�83.50
- Volume: 8,400
- Value (Lacs): 鈧�7.07
- VWAP: 鈧�84.85
- UC Limit: 鈧�100.20
- LC Limit: 鈧�66.80
- 52 Week High: 鈧�115.00
- 52 Week Low: 鈧�77.00
- Mkt Cap (Rs. Cr.): 鈧�91
- Face Value: 鈧�10
Forge Auto Share Price Chart
Forge Auto Share Price Target Tomorrow 2024 To 2030
| Forge Auto Share Price Target Years | Share Price Target |
| 2024 | 鈧�115 |
| 2025 | 鈧�150 |
| 2026 | 鈧�180 |
| 2027 | 鈧�220 |
| 2028 | 鈧�270 |
| 2029 | 鈧�310 |
| 2030 | 鈧�360 |
Forge Auto Share Price Target 2024
Forge Auto share price target 2024 Expected target could be 鈧�115. Here are four key factors that could affect the growth of Forge Auto International Ltd’s share price target in 2024:
1. Demand in Automotive Industry
- Growth in the automotive sector, including vehicle production and sales, will directly impact the demand for Forge Auto’s components, driving revenue growth.
2. Technological Advancements in Manufacturing
- Adoption of advanced manufacturing technologies and automation can improve production efficiency, reduce costs, and enhance product quality, contributing to profitability.
3. Global Expansion and Market Reach
- Expanding into international markets and securing contracts with global automotive brands will strengthen Forge Auto’s market position and potentially boost its share price.
4. Raw Material Price Fluctuations
- Changes in the cost of raw materials, such as steel and aluminum, can affect production costs and profit margins, influencing investor sentiment and share price performance.
Forge Auto Share Price Target 2025
Forge Auto share price target 2025 Expected target could be 鈧�150. Here are four key factors that could affect the growth of Forge Auto International Ltd’s share price target in 2025:
1. Sustainability and Green Manufacturing
- As the automotive industry moves towards more sustainable solutions, Forge Auto鈥檚 ability to adopt eco-friendly manufacturing practices and produce parts for electric vehicles (EVs) can drive growth.
2. Expansion of Product Portfolio
- Introducing new, innovative products, such as components for advanced automotive technologies (e.g., electric or autonomous vehicles), can help Forge Auto tap into emerging markets.
3. Strategic Partnerships and Collaborations
- Forming partnerships with major automakers or other industry players can provide Forge Auto with steady demand and strengthen its position in the global market.
4. Economic Conditions and Consumer Demand
- Broader economic factors like consumer spending, fuel prices, and interest rates can influence vehicle sales, thereby affecting the demand for automotive components and the company鈥檚 performance.
Forge Auto International Ltd Shareholding Pattern
- Promoters: 73.63%
- FII: 0.88%
- Public: 25.49%
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