Senco Gold Ltd is a well-known jewelry brand in India, primarily recognized for its exquisite gold and diamond jewelry. Established in 1994, the company has built a strong reputation for quality and craftsmanship. Senco Gold operates a vast network of retail outlets across the country, catering to a diverse range of customers. Senco Gold Share Price on NSE as of 27 September 2024 is 1,457.00 INR. Here will provide you with more details on Senco Gold Share Price Target 2024, 2025, 2026 to 2030.
Senco Gold Ltd: Market Overview
- Open Price: ₹1,457.80
- High Price: ₹1,500.00
- Low Price: ₹1,425.00
- Previous Close: ₹1,450.60
- Volume: 535,064
- VWAP: 1,455.08
- UC Limit: ₹1,740.70
- LC Limit: ₹1,160.50
- P/E ratio: 53.95
- Div yield: 0.14%
- 52-wk high: ₹1,500.00
- 52-wk low: ₹530.80
- Mkt cap: ₹11.34°°ä°ù
- Face Value: ₹10
Senco Gold Share Price Today Chart
Senco Gold Share Price Target Tomorrow From 2024 To 2030
Senco Gold Share Price Target | Share Price Target |
2024 | ₹1500 |
2025 | ₹1740 |
2026 | ₹1965 |
2027 | ₹2170 |
2028 | ₹2410 |
2029 | ₹2635 |
2030 | ₹2850 |
Senco Gold Share Price Target 2024
Senco Gold share price target 2024 Expected target could be ₹1500. Here are three key factors that could affect the growth of Senco Gold Ltd’s share price target for 2024:
- Market Demand for Gold and Jewelry: The overall demand for gold and jewelry significantly influences Senco Gold’s revenue. In 2024, if there is an increase in consumer spending on gold, driven by cultural events, weddings, or a rise in disposable income, it could positively impact the company’s sales and, consequently, its share price.
- Regulatory Environment and Gold Prices: Fluctuations in gold prices due to global economic conditions, currency exchange rates, or government policies can impact Senco Gold’s profitability. A stable or increasing gold price environment could enhance investor confidence and drive up the share price, while sudden downturns could have the opposite effect.
-
Expansion Strategies and Retail Presence: Senco Gold’s growth strategies, such as expanding its retail footprint, introducing new product lines, or enhancing online sales channels, will play a critical role in its financial performance. Successful execution of these strategies in 2024 could lead to increased market share and improved financial results, positively influencing the share price.
Senco Gold Share Price Target 2025
Senco Gold share price target 2025 Expected target could be ₹1740. Here are three key factors that could affect the growth of Senco Gold Ltd’s share price target for 2025:
- Economic Conditions and Consumer Sentiment: The overall economic environment, including inflation rates and consumer confidence, will play a crucial role in shaping Senco Gold’s performance. A robust economy may lead to increased consumer spending on luxury items like gold jewelry, thereby driving up sales and positively impacting the share price.
- Supply Chain and Operational Efficiency: Improvements in supply chain management and operational efficiency can enhance profitability. If Senco Gold effectively manages its costs and ensures timely delivery of products, it can improve margins and attract investors, which could lead to a higher share price in 2025.
-
Innovation and Product Diversification: The company’s ability to innovate and diversify its product offerings can significantly influence growth. Introducing new jewelry designs, sustainable sourcing, or modernizing retail experiences can attract a broader customer base, increasing revenue and positively affecting the share price target.
Senco Gold Share Price Target 2030
Senco Gold share price target 2030 target could be ₹2850. Here are three key factors that could affect Senco Gold Ltd’s share price target growth by 2030:
- Long-term Demand for Gold: The long-term demand for gold, driven by cultural preferences, investment demand, and global economic stability, will be a major factor in Senco Gold’s future growth. If gold continues to be seen as a safe investment and a symbol of wealth, it will boost Senco Gold’s sales and positively impact the share price over the next decade.
- Expansion into Global Markets: Senco Gold’s ability to expand its footprint beyond India into international markets can drive substantial growth. Penetrating new geographies and catering to global customers can diversify revenue streams and reduce dependency on local demand, which could enhance investor confidence and contribute to share price appreciation.
-
Technological Advancements and E-commerce: Embracing technology, such as expanding into e-commerce platforms and offering innovative digital shopping experiences, will be critical by 2030. A strong online presence, coupled with advancements in customer engagement technologies, can help Senco Gold capture a larger market share and push the share price higher.
Shareholding Pattern For Senco Gold Ltd
- Promoters: 68.45%
- FII: 7.72%
- DII: 10.47%
- Public: 13.36%
Senco Gold Ltd Financial
- Revenue: 52.41B
- Operating expense: 4.62B
- Net income: 1.81B
- Net profit margin: 3.45
- Earnings per share: 23.98
- EBITDA: 3.43B
- Effective tax rate: 27.46%
Read Also:- SCILAL Share Price Target Tomorrow 2024 To 2030- Prediction, More Details