JTL Industries Ltd is a growing company in India, well-known for producing high-quality steel pipes and tubes. The company provides products for various industries, including construction, agriculture, water, and gas transport. They are focused on using advanced technology to ensure strong, durable, and reliable steel solutions. JTL Industries Share Price on NSE as of 14 November 2024 is 97.90 INR. Here will provide you more details on JTL Industries Share Price Target 2024, 2025, 2026 to 2030.
JTL Industries Ltd: Market Overview
- Open Price: ₹92.50
- High Price: ₹101.00
- Low Price: 92.50
- Volume: ₹876,155
- Value (Lacs): ₹859.95
- VWAP: ₹97.68
- UC Limit: ₹110.28
- LC Limit: ₹73.52
- P/E ratio: 16.30
- Div yield: 0.26%
- 52-wk high: ₹139.00
- 52-wk low: ₹83.45
- Mkt cap: ₹3.86°°ä°ù
- Face Value: ₹1
JTL Industries Share Price Chart
JTL Industries Share Price Target Tomorrow 2024 To 2030
JTL Industries Share Price Target Years | Share Price Target |
2024 | ₹150 |
2025 | ₹200 |
2026 | ₹250 |
2027 | ₹300 |
2028 | ₹350 |
2029 | ₹400 |
2030 | ₹450 |
JTL Industries Share Price Target 2024
JTL Industries share price target 2024 Expected target could be ₹150. Here are three key factors that could influence the growth of JTL Industries’ share price in 2024:
- Demand for Steel Products: Growth in sectors like construction, infrastructure, and agriculture, which rely on steel pipes and tubes, will impact JTL Industries’ sales. Higher demand in these industries can drive revenue growth and positively affect share prices.
- Raw Material Costs and Supply Chain Stability: Steel manufacturing depends heavily on raw materials like iron ore and coal. Fluctuations in these costs or supply chain disruptions can affect JTL’s profit margins and, in turn, influence its share price performance.
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Innovation and Expansion: JTL Industries’ investments in new technology, sustainable practices, and expansion into international markets can increase market reach and improve efficiency. Positive advancements here could lead to investor confidence, supporting a higher share price target for 2024.
JTL Industries Share Price Target 2025
JTL Industries share price target 2025 Expected target could be ₹200. Here are three potential risks and challenges that could affect JTL Industries’ share price target in 2025:
- Fluctuating Raw Material Costs: Variability in the prices of essential materials like iron ore and steel can impact JTL’s production costs and profit margins. Unpredictable cost increases may reduce profitability, potentially lowering investor confidence and affecting share prices.
- Economic Slowdown: A slowdown in key sectors, such as construction and infrastructure, could reduce demand for JTL’s products. Economic challenges in India or globally may limit growth opportunities, affecting revenue and share performance.
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Competitive Pressure: The steel industry is highly competitive, with local and international players often competing on price and quality. Rising competition could pressure JTL Industries to lower prices or increase spending on product development, which might impact profit margins and shareholder returns.
JTL Industries Share Price Target 2030
JTL Industries share price target 2030 Expected target could be ₹450. Here are three potential risks and challenges that could influence JTL Industries’ share price target in 2030:
- Global Steel Market Volatility: Changes in global steel supply and demand, trade policies, or tariffs can impact prices and competition. Such market volatility may affect JTL’s export potential, profitability, and, consequently, its long-term share price performance.
- Environmental Regulations: As environmental standards tighten, JTL may face increased costs to meet new regulations or invest in sustainable technology. Failing to adapt could lead to regulatory penalties, while compliance expenses could impact profit margins over the long term.
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Technological Advancements and Innovation: To stay competitive, JTL must continually invest in advanced technology to improve product quality and efficiency. Falling behind on innovation could make it difficult to compete with companies adopting new technologies, impacting both market share and long-term growth in share price.
Shareholding Pattern For JTL Industries Ltd
- Promoters: 48.91%
- Retail and others: 43.86%
- FII: 5.60%
- Mutual Funds: 1.64%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE:
JTL Industries Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 20.40B | 31.63% |
Operating expense | 953.26M | 12.57% |
Net income | 1.13B | 25.39% |
Net profit margin | 5.54 | -4.81% |
Earnings per share | 3.26 | — |
EBITDA | 1.52B | 17.64% |
Effective tax rate | 24.76% | — |
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