Signet Industries Ltd is an Indian company engaged in the manufacturing and marketing of plastic products, including flexible packaging, PVC films, and various other products for different industries. The company is known for its strong presence in the packaging sector, providing solutions to a wide range of customers, from food and beverage to pharmaceuticals. Signet Industries Share Price on NSE as of 19 December 2024 is 72.58 INR. Here will provide you more details on Signet Industries Share Price Target 2024, 2025, 2026 to 2030.
Signet Industries Ltd: Market Overview
- Open: 鈧�74.88
- High: 鈧�74.88
- Low: 鈧�72.40
- Previous Close: 鈧�74.88
- Volume: 10,788
- Value (Lacs): 鈧�7.83
- VWAP: 鈧�72.87
- P/E ratio: 18.71
- Div yield: 0.69%
- UC Limit: 鈧�89.85
- LC Limit: 鈧�59.90
- 52 Week High: 鈧�97.35
- 52 Week Low: 鈧�58.00
- Mkt Cap: 鈧�213颁谤
- Face Value: 鈧�10
Signet Industries Ltd Competitors
As of December 2024, Signet Industries Ltd has a market capitalization of approximately 鈧�214 crore.
Here are five peer companies in the Indian plastic products sector, along with their market capitalizations:
- EPL Ltd (formerly Essel Propack Limited): Market cap of 鈧�5,730 crore.
- Time Technoplast Ltd: Market cap of 鈧�939 crore.
- Mold-Tek Packaging Ltd: Market cap of 鈧�2,638 crore.
- Garware Hi-Tech Films Ltd: Market cap of 鈧�11,953 crore.
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Inox India Ltd: Market cap of 鈧�10,235 crore.
Signet Industries Share Price Chart
Signet Industries Share Price Target Tomorrow 2024 To 2030
| Signet Industries Share Price Target Years | Share Price Target |
| 2024 | 鈧�100 |
| 2025 | 鈧�120 |
| 2026 | 鈧�140 |
| 2027 | 鈧�160 |
| 2028 | 鈧�180 |
| 2029 | 鈧�200 |
| 2030 | 鈧�220 |
Signet Industries Share Price Target 2024
Signet Industries share price target 2024 Expected target could be 鈧�100. Here are four key factors that could affect the growth of Signet Industries Ltd and its share price target for 2024:
- Demand for Plastic Products: The growing demand for plastic packaging and related products in sectors like food and beverage, healthcare, and e-commerce can drive revenue growth for Signet Industries. An increase in demand will positively impact their profitability and share price.
- Raw Material Costs: Fluctuations in the prices of raw materials, such as resins and petrochemicals, can significantly affect the company鈥檚 margins. If the company manages to keep production costs low and pass on price hikes to customers, it can help maintain profitability.
- Regulatory Environment: Changes in environmental regulations related to plastic products and waste management could impact Signet’s operations. Compliance with stricter norms could increase operational costs, while adapting to new regulations can enhance long-term sustainability.
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Innovation and Product Diversification: Signet鈥檚 ability to innovate and introduce new products or adopt advanced technologies in manufacturing will play a critical role in its growth. Expansion into high-demand sectors like biodegradable plastics and sustainable solutions could also provide significant growth opportunities.
Signet Industries Share Price Target 2025
Signet Industries share price target 2025 Expected target could be 鈧�120.Here are four key factors that could affect the growth of Signet Industries Ltd and its share price target for 2025:
- Expansion into New Markets: Signet Industries鈥� ability to expand into new geographical markets, both domestically and internationally, can significantly drive growth. Entering emerging markets with a rising demand for plastic products and packaging solutions would enhance revenue potential.
- Sustainability Trends: With increasing focus on sustainability and eco-friendly practices, Signet鈥檚 ability to adapt and offer sustainable product alternatives, such as biodegradable plastics or recyclable packaging, can be a key growth factor. This would align the company with global environmental trends and attract environmentally-conscious consumers.
- Technological Advancements: Adoption of advanced manufacturing technologies, like automation or AI-driven production processes, can improve efficiency, reduce costs, and enhance product quality. These innovations can help Signet Industries stay competitive and improve margins.
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Strategic Partnerships and Acquisitions: Forming partnerships or acquiring complementary businesses could help Signet diversify its product portfolio and expand its market presence. Strategic acquisitions that enhance product offerings or open new distribution channels can boost long-term growth prospects.
Signet Industries Share Price Target 2030
Signet Industries share price target 2030 Expected target could be 鈧�220. Here are four risks and challenges that could impact Signet Industries’ share price target for 2030:
- Raw Material Price Volatility: Fluctuations in the prices of raw materials like plastic resins and other petrochemical products can significantly affect the cost of production. Any rise in material costs could squeeze margins and reduce profitability, especially if the company is unable to pass on these costs to customers.
- Regulatory Changes: As governments worldwide tighten regulations on plastic products, including bans on single-use plastics or stricter environmental standards, Signet Industries may face higher compliance costs or limitations on production. Adapting to these changing regulations could challenge growth and profitability.
- Competitive Pressure: The plastic packaging industry is highly competitive, with numerous players in both domestic and international markets. New entrants or aggressive pricing by competitors could pressure Signet鈥檚 market share and profitability. The company needs to maintain product differentiation to stay competitive.
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Economic Downturns: Broader economic challenges, such as recessions or slowdowns in consumer spending, could reduce demand for non-essential products, including certain types of packaging. A downturn in key industries that rely on Signet鈥檚 products, such as retail or manufacturing, could negatively impact sales and earnings growth.
Signet Industries Ltd Shareholding Pattern
- Promoters: 72.78%
- Public: 27.22%
Signet Industries Ltd Financials
| (INR) | 2024 | Y/Y change |
| Revenue | 12.13B | 19.20% |
| Operating expense | 1.27B | 11.08% |
| Net income | 154.53M | 18.38% |
| Net profit margin | 1.27 | -0.78% |
| Earnings per share | 鈥� | 鈥� |
| EBITDA | 841.46M | 20.32% |
| Effective tax rate | 32.99% | 鈥� |
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