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Sky Gold Share Price Target Tomorrow 2024 To 2030- Market Overview, Financials

Sky Gold Share Price Target

Sky Gold Ltd is a dynamic company operating in the jewelry and precious metals industry, known for its expertise in gold and diamond-studded jewelry. Based in India, the company focuses on creating high-quality, intricately designed ornaments that cater to domestic and international markets. Sky Gold Share Price on NSE as of 19 December 2024 is 440.95 INR. Here are more details on Sky Gold Share Price Target 2024, 2025, 2026 to 2030.

Sky Gold Ltd: Market Overview

  • Open: ₹440.95
  • High: ₹440.95
  • Low: ₹440.95
  • Previous Close: ₹464.15
  • Volume: 55,815
  • Value (Lacs): ₹246.12
  • VWAP: ₹440.95
  • P/E ratio: 52.62
  • UC Limit: ₹487.35
  • LC Limit: ₹440.95
  • 52 Week High: ₹488.55
  • 52 Week Low: ₹89.30
  • Mkt Cap: ₹6,461°ä°ù
  • Face Value: ₹10

Sky Gold Share Price Chart

Sky Gold Share Price Chart

Sky Gold Share Price Target Tomorrow 2024 To 2030

Sky Gold Share Price Target Years Share Price Target
2024 ₹490
2025 ₹850
2026 ₹1100
2027 ₹1350
2028 ₹1650
2029 ₹1950
2030 ₹2250

Sky Gold Share Price Target 2024

Sky Gold share price target 2024 Expected target could be ₹490. Here are 4 Key Factors Affecting Growth for “Sky Gold Share Price Target 2024”:

  • Consumer Demand for Jewelry: Rising consumer demand for gold and diamond-studded jewelry, especially during festive seasons and weddings, will play a critical role in driving revenue growth for Sky Gold.
  • Global Gold Prices: The fluctuation in global gold prices can impact the company’s profitability. Favorable price trends might boost sales and attract more investors.
  • Export Market Expansion: Sky Gold’s efforts to expand its presence in international markets could increase revenue streams and enhance brand visibility, positively influencing share prices.
  • Innovation in Designs: The company’s ability to offer unique and trendy designs can attract more customers and strengthen its market position, leading to potential growth in its stock value.

Sky Gold Share Price Target 2025

Sky Gold share price target 2025 Expected target could be ₹850. Here are 4 Risks and Challenges for “Sky Gold Share Price Target 2025”:

  • Fluctuating Gold Prices: Volatility in gold prices can affect profit margins, as higher costs may lead to decreased sales or lower profitability, posing a risk to stock performance.
  • Competition in the Jewelry Market: Intense competition from both established and emerging brands could limit market share growth, potentially putting pressure on Sky Gold’s revenue and stock value.
  • Economic Downturns: A slowdown in the economy or reduced disposable income among consumers could decrease demand for luxury items like jewelry, negatively impacting Sky Gold’s financial performance.
  • Regulatory and Compliance Risks: Changes in government regulations or tax policies related to the gold and jewelry industry could increase operational costs or affect profitability, posing risks to the company’s growth and share price.

Sky Gold Share Price Target 2030

Sky Gold share price target 2030 Expected target could be ₹2250. Here are 4 Risks and Challenges for “Sky Gold Share Price Target 2030”:

  • Sustainability and Environmental Concerns: Increasing global emphasis on sustainable practices and eco-friendly sourcing could impact the gold mining and jewelry production process, leading to higher costs or reputational risks if not addressed properly.
  • Technological Disruptions: Innovations in jewelry manufacturing, including 3D printing and alternative materials, could disrupt traditional gold jewelry demand and affect Sky Gold’s market positioning if they do not adapt.
  • Geopolitical Instability: Political instability in key gold-producing regions or trade restrictions could disrupt supply chains, leading to increased costs or a shortage of materials, which would harm profitability.
  • Changing Consumer Preferences: A shift in consumer preferences towards non-traditional luxury goods or online-only jewelry brands could impact Sky Gold’s ability to capture market share, limiting growth opportunities in the coming decade.

Shareholding Pattern For Sky Gold Ltd

  • Promoters: 58.24%
  • FII: 11,38%
  • DII: 8.04%
  • Public: 32.34%

Shareholding Pattern For Sky Gold Ltd

Sky Gold Ltd Financials

(INR) 2024 Y/Y change
Revenue 17.45B 51.28%
Operating expense 325.72M 126.76%
Net income 404.81M 117.54%
Net profit margin 2.32 44.10%
Earnings per share — —
EBITDA 749.73M 107.47%
Effective tax rate 25.16% —

Sky Gold Ltd Financials

Sky Gold Quarterly Financials

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