Bajaj Hindusthan Sugar Limited is an Indian sugar and ethanol manufacturing company, listed on both NSE and BSE in India. The share price is increasing and it is expected that the company’s shares will rise further in the next two years. So, what will be the target price of Bajaj Hindustan shares in 2024, 2025, 2026, 2028 and 2030, see below:
If we look at its last 5 years’ record, there has been no uptick in the performance of the company’s stock. In 2018, the share price was Rs 6.79 and is now trading at Rs 31.85, CAGR 39.77% in the last five years.
As per the official report, the net profit is at Rs 130.91 crore which is 119.21 per cent and the net profit margin is 6.3 per cent which is up 73.1 per cent YoY.
Therefore, top market experts say that share prices will rise in the coming years, but there will be no upside in the near term.
Fundamentals of Bajaj Hindusthan
| Company Name | Bajaj Hindusthan Sugar Limited |
| Industry | Sugar |
| Sector | Manufacturing |
| Founded | 1931 |
| EPS | 0.96 |
| P/E Ratio | — |
| ROE | — |
| Debt to Equity Ratio | 0.97 |
| Buy/Sell/Hold | Buy |
| Face Value | 1 |
Bajaj Hindusthan Sugar Ltd – Overview
Bajaj Hindusthan Sugar Limited is a part of Bajaj Group and is engaged in sugar production and operates sugar mills in Uttar Pradesh. The company produces different types of sugar, which include white crystal sugar, refined sugar and speciality sugar. Apart from sugar, the company also produces ethanol and for this, it has expanded its operations.
This company also includes the co-generation of electricity through the use of bagasse, which is a by-product of the sugar production process. The company operates a distillery that produces alcohol for industrial purposes.
So overall, Bajaj Hindustan Sugar Limited has expanded its business in the sugar and ethanol industry. It has a strong market presence and to maintain its presence spends on research and development.
Bajaj Hindusthan share price target 2024-2030
Bajaj Hindusthan Sugar Limited (stock) has been in a bullish cycle for the last 12 months and in our research, this stock will continue in a positive upward trend in future.
It may be good to invest in it to earn money from a long-term perspective. So in our technical analysis, the estimated share price could be Rs 52 in 2025 and Rs 122 in 2030. The target share price for each year till 2030 is given below:
2024
Bajaj Hindustan Sugar Limited has reported healthy growth in revenue and profit in the first quarter of 2023. It is expected that this growth will continue in the coming years and the share price will increase. So in this case, the maximum share price target for Bajaj Hindusthan is Rs 30 to Rs 42 by 2024.
| Month | Target Price |
|---|---|
| January | ₹33 |
| February | ₹32 |
| March | ₹30 |
| April | ₹35 |
| May | ₹34 |
| June | ₹38 |
| July | ₹40 |
| August | ₹37 |
| September | ₹41 |
| October | ₹36 |
| November | ₹35 |
| December | ₹42 |
2025
With increasing demand for ethanol as a fuel source, the company’s strong manufacturing capabilities are expected to drive revenue growth in the coming years. The share price will remain bullish and the maximum target price of Bajaj Hindustan shares is expected to go from Rs 40 to Rs 52 by 2025.
| Month | Target Price |
|---|---|
| January | ₹41 |
| February | ₹45 |
| March | ₹42 |
| April | ₹40 |
| May | ₹47 |
| June | ₹50 |
| July | ₹47 |
| August | ₹42 |
| September | ₹52 |
| October | ₹50 |
| November | ₹52 |
| December | ₹51 |
2026
The company is focusing on diversifying its revenue streams, such as power co-generation and distillery operations. Apart from this, the demand for sugar and ethanol domestically and internationally will impact its share price. So based on our research, the maximum target price for Bajaj Hindustan shares in 2026 is Rs 54 to Rs 68.
| Month | Target Price |
|---|---|
| January | ₹53 |
| February | ₹54 |
| March | ₹62 |
| April | ₹58 |
| May | ₹52 |
| June | ₹55 |
| July | ₹59 |
| August | ₹62 |
| September | ₹68 |
| October | ₹65 |
| November | ₹66 |
| December | ₹68 |
2028
Bajaj Hindustan will benefit in the long run from the increasing demand for ethanol. As a result, the expected share price of Bajaj Hindustan by 2028 could be Rs 66 to Rs 88.
| Month | Target Price |
|---|---|
| January | ₹67 |
| February | ₹75 |
| March | ₹72 |
| April | ₹81 |
| May | ₹80 |
| June | ₹74 |
| July | ₹79 |
| August | ₹82 |
| September | ₹88 |
| October | ₹81 |
| November | ₹85 |
| December | ₹84 |
2030
The year 2030 is expected to be good for Bajaj Hindustan as good results are expected in the domestic and international markets. So keeping these factors in mind, the share price will rise and the maximum price target for Bajaj Hindustan shares by 2030 will be Rs 86 to Rs 122.
| Month | Target Price |
|---|---|
| January | ₹89 |
| February | ₹95 |
| March | ₹86 |
| April | ₹89 |
| May | ₹94 |
| June | ₹99 |
| July | ₹102 |
| August | ₹98 |
| September | ₹122 |
| October | ₹115 |
| November | ₹112 |
| December | ₹120 |
Risk Factors
Bajaj Hindusthan stock can be affected by several factors which are given below:
- Demand for Sugar and Ethanol: Demand for sugar and ethanol can drive its revenue growth and similarly lower demand in the market can drag down its revenue growth.
- Government Policies: Changes in Indian government policies regarding sugar industry subsidies and ethanol may impact Bajaj Hindusthan’s growth prospects.
- Operational Efficiency: If Bajaj Hindusthan is unable to maintain operational efficiency, optimize costs and keep up with modern technologies, it also affects its growth prospects.
- Financial Performance: If the company is unable to generate revenue, and profitability and manage debt, it will directly impact its share price and growth prospects.
Note: Therefore, always check its day-on-day performance and other aspects before investing. The stock market is subject to market volatility, investor sentiment and unforeseen events.
FAQs
The expected target price for Bajaj Hindusthan Sugar shares in 2024 is Rs 30 to Rs 42 in 2024.
The maximum target price for Bajaj Hindusthan shares is Rs 40 to Rs 52 by 2025.
The maximum target price for Bajaj Hindusthan Sugar shares is Rs 66 to Rs 88 in 2028.
The highest target price for Bajaj Hindusthan shares is Rs 85 to Rs 122 by 2030.
Conclusion
Despite uncertainties in the share price forecast, Bajaj Hindustan Sugar Limited may show promising results. Because the company aims to expand production, diversify revenues and meet the growing demand for renewable energy. Therefore, there will be a huge demand in the ethanol industry by 2030, making it an attractive long-term investment.
Related:
Disclaimer: Bajaj Hindusthan Sugar Limited’s share price target is for general information only. We are not SEBI-registered financial advisors and no part of the website content provided by us should be considered financial advice.
