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Vraj Iron Share Price Target Tomorrow 2024 To 2030- Market Overview, Financials

Vraj Iron Share Price Target

Vraj Iron and Steel Limited, established in 2004 and based in Raipur, India, is a subsidiary of Gopal Sponge and Power Private Limited. The company operates two manufacturing units in Raipur and Bilaspur, Chhattisgarh, covering 52.93 acres. Their product range includes sponge iron, MS billets, and TMT bars under the “Vraj” brand, catering to both industrial customers and end-users. As of March 31, 2023, the total installed capacity of their manufacturing plants was 231,600 tons per year, encompassing intermediate and final products. Vraj Iron Share Price on NSE as of 25 December 2024 is 226.78 INR. Here will provide you more details on Vraj Iron Share Price Target 2024, 2025, 2026 to 2030.

Vraj Iron and Steel Ltd: Market Overview

  • Open: ₹224.50
  • High: ₹235.79
  • Low: ₹223.61
  • Previous Close: ₹222.55
  • Volume: 555,421
  • Value (Lacs): ₹1,268.08
  • VWAP: ₹230.25
  • P/E ratio: 15.36
  • UC Limit: ₹267.06
  • LC Limit: ₹178.04
  • 52 Week High: ₹296.70
  • 52 Week Low: ₹209.90
  • Mkt Cap (Rs. Cr.): ₹753
  • Face Value: ₹10

Vraj Iron Share Price Chart

Vraj Iron Share Price Chart

Vraj Iron Share Price Target Tomorrow 2024 To 2030

Vraj Iron Share Price Target Years Share Price Target
2024 ₹300
2025 ₹350
2026 ₹400
2027 ₹450
2028 ₹500
2029 ₹550
2030 ₹600

Vraj Iron Share Price Target 2024

Vraj Iron share price target 2024 Expected target could be ₹300. Here are 4 Key Factors Affecting Growth for Vraj Iron Share Price Target 2024:

  • Demand in Construction and Infrastructure: Growth in infrastructure projects and real estate development is expected to increase the demand for TMT bars and other steel products.
  • Expansion of Manufacturing Capacity: Enhancing production capabilities or optimizing existing facilities could improve output and meet growing market needs.
  • Government Initiatives: Supportive policies like “Make in India” and increased investments in infrastructure can create more opportunities for steel manufacturers.
  • Raw Material Cost Stability: Efficient sourcing and stable prices for raw materials like iron ore and coal are crucial for maintaining profitability and competitive pricing.

Vraj Iron Share Price Target 2025

Vraj Iron share price target 2025 Expected target could be ₹350. Here are 4 Key Factors Affecting Growth for Vraj Iron Share Price Target 2025:

  • Infrastructure Development: Continued government investment in large-scale infrastructure projects, such as roads, bridges, and housing, will drive demand for Vraj Iron’s steel products.
  • Product Diversification: Expanding the product portfolio to include value-added steel products can attract new customers and increase market share.
  • Energy Efficiency and Sustainability: Adopting energy-efficient production methods and focusing on environmentally friendly practices can enhance operational efficiency and appeal to eco-conscious markets.
  • Global Market Opportunities: Entering export markets or forming partnerships abroad can open new revenue streams and reduce dependence on domestic demand.

Vraj Iron Share Price Target 2030

Vraj Iron share price target 2030 Expected target could be ₹600. Here are 4 Risks and Challenges for Vraj Iron Share Price Target 2030:

  • Raw Material Dependency: Price volatility or shortages of key inputs like iron ore and coal could increase production costs and affect profitability.
  • Environmental Regulations: Stricter environmental norms and carbon emission policies may require significant investments in sustainable production technologies.
  • Market Competition: Rising competition from both domestic and international players may pressure margins and limit market share growth.
  • Economic Cycles: Slowdowns in construction and infrastructure development due to economic downturns could lead to reduced demand for steel products, impacting revenue.

Vraj Iron and Steel Ltd Shareholding Pattern

  • Promoters: 74.95%
  • FII: 0.94%
  • DII: 4.49%
  • Public: 19.61%

Vraj Iron and Steel Ltd Shareholding Pattern

Vraj Iron and Steel Ltd Financials

(INR) 2024 Y/Y change
Revenue 4.20B -18.58%
Operating expense 644.00M 5.90%
Net income 574.08M 6.32%
Net profit margin 13.67 30.56%
Earnings per share — —
EBITDA 764.37M -0.27%
Effective tax rate 24.37% —

Vraj Iron and Steel Ltd Financials

Vraj Iron Quarterly Financials

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