Himadri Speciality Chemical Ltd is an Indian company known for producing specialty chemicals, primarily focused on carbon products. Founded in 1987, it has become a key player in the chemical industry, manufacturing products like carbon black, which is widely used in tires and other rubber products, and specialty chemicals for various applications, including the pharmaceutical and agriculture sectors. Himadri Share Price on NSE as of 1 November 2024 is 576.85 INR. Here will provide you more details on Himadri Share Price Target 2024, 2025, 2026 to 2030.
Himadri Speciality Chemical Ltd: Market Overview
- Open Price: ₹565.05
- High Price: ₹575.00
- LowPrice: ₹562.50
- Previous Close: ₹576.30
- Volume: 1,793
- Value (Lacs): ₹10.34
- VWAP: ₹576.85
- UC Limit: ₹691.55
- LC Limit: ₹461.05
- P/E ratio: 57.28
- Div yield: 0.087%
- 52-wk high: ₹688.70
- 52-wk low: ₹236.15
- Mkt cap: ₹28.48°°ä°ù
- Face Value: ₹1
Himadri Speciality Chemical Ltd Competitors
Here are four competitor companies of Himadri Speciality Chemical Ltd along with their approximate market capitalizations:
- Continental Carbon India Ltd
- Market Capitalization: Approximately ₹1,000 crores
- Aditya Birla Chemicals
- Market Capitalization: Part of Aditya Birla Group (not a standalone listed entity, but the group has a significant presence in specialty chemicals).
- Shree Renuka Sugars Ltd
- Market Capitalization: Approximately ₹1,800 crores
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Aarti Industries Ltd
- Market Capitalization: Approximately ₹21,000 crores
Himadri Share Price Chart
Himadri Share Price Target Tomorrow 2024 To 2030
Himadri Share Price Target Years | Share Price Target |
2024 | ₹690 |
2025 | ₹850 |
2026 | ₹1057 |
2027 | ₹1265 |
2028 | ₹1460 |
2029 | ₹1635 |
2030 | ₹1855 |
Himadri Share Price Target 2024
Himadri share price target 2024 Expected target could be ₹690. Here are three key factors affecting growth for Himadri Speciality Chemical Ltd’s share price target in 2024:
- Demand for Specialty Chemicals: The increasing demand for specialty chemicals in various industries, such as automotive, construction, and consumer goods, can significantly influence Himadri’s growth. As more sectors adopt eco-friendly practices and advanced materials, Himadri’s product offerings will likely see greater market acceptance, positively impacting revenue and share prices.
- Expansion and Capacity Enhancement: Himadri’s strategic initiatives for expansion, including new manufacturing facilities and enhanced production capacity, are critical for growth. If the company successfully increases its production capabilities, it can meet rising customer demands and improve its market share, thereby boosting its stock performance.
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Regulatory Environment and Environmental Standards: Compliance with environmental regulations and sustainability standards will be crucial for Himadri’s operations. Stricter regulations can affect production costs and operational efficiency. However, if the company adapts effectively and invests in sustainable practices, it could enhance its reputation and attract environmentally-conscious investors, leading to positive growth in share prices.
Himadri Share Price Target 2025
Himadri share price target 2025 Expected target could be ₹850. Here are three risks and challenges that may affect Himadri Speciality Chemical Ltd’s share price target in 2025:
- Raw Material Price Volatility: Fluctuations in the prices of raw materials, such as coal tar and other chemical inputs, can significantly impact production costs for Himadri. If raw material prices rise sharply, it may squeeze profit margins and affect overall financial performance, leading to a potential decline in share prices.
- Intense Competition: The specialty chemicals market is highly competitive, with numerous players vying for market share. Increased competition may lead to price wars, reduced margins, and challenges in maintaining customer loyalty. If Himadri cannot differentiate its products or maintain competitive pricing, it could face difficulties in achieving growth targets.
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Regulatory and Compliance Risks: Changes in environmental regulations and industry standards can pose challenges for Himadri. Stricter regulations may require the company to invest in compliance measures or adapt its production processes. Failure to comply with regulations could result in penalties, operational disruptions, or reputational damage, ultimately affecting share performance.
Himadri Share Price Target 2030
Himadri share price target 2030 Expected target could be ₹1855. Here are three risks and challenges that may impact Himadri Speciality Chemical Ltd’s share price target in 2030:
- Market Demand Fluctuations: The demand for specialty chemicals can be influenced by various factors, including changes in end-user industries such as automotive, construction, and electronics. A slowdown in these sectors could lead to reduced demand for Himadri’s products, adversely affecting revenue and share prices.
- Technological Advancements: Rapid advancements in technology and production processes within the chemicals industry can pose a challenge. If Himadri fails to innovate or adopt new technologies, it may struggle to maintain its competitive edge. This could result in loss of market share to more technologically advanced competitors.
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Global Economic Conditions: Economic uncertainties, such as recessions or geopolitical tensions, can significantly impact international trade and supply chains. These conditions can lead to fluctuations in raw material costs and disrupt production and sales. Adverse global economic conditions may hinder growth and negatively affect investor sentiment, leading to lower share prices.
Himadri Speciality Chemical Ltd Shareholding Pattern
- Promoters: 50.78%
- Retails and others: 40.39%
- FII: 5.24%
- Mutual Funds: 2.57%
- DII: 1.03%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE:
Himadri Speciality Chemical Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 41.85B | 0.31% |
Operating expense | 5.31B | 4.89% |
Net income | 4.11B | 90.19% |
Net profit margin | 9.82 | 89.58% |
Earnings per share | — | — |
EBITDA | 6.32B | 52.42% |
Effective tax rate | 28.43% | — |
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