We are here to forecast the share price of BigBlock Construction Limited for the year 2023-2030. It is a building products & equipment company engaged in the manufacturing of Building Blocks and AAC (Aerated Autoclaved Concrete) Bricks.
The company has given tremendous returns of up to 811 per cent to investors in just two years. The share price which was only Rs 18.30 in 2021 is currently trading at Rs 156.25 per share.
The company reported a revenue of Rs 46.55 crore, a decline of 11.41 per cent year-on-year. At the same time, there was a net profit of Rs 5.62 crore in the March 2023 quarter, a decline of 24.93 per cent.
If we look at its net profit margin, it was 12.07 per cent, earnings per share ( Diluted) is Rs 0.79 and the dividend per share is Rs 0.40. BigBloc has strong management with a focus on integrity, commitment and quality.
Bigbloc Construction Limited – Overview
Bigbloc Construction Limited was incorporated on 17 June 2015 under the Companies Act, 2013 in the state of Gujarat.
Fundamentals of Bigbloc
If we look at its past, the company has shown strong financial results in just five years. The share price has gained Rs 4.00 to Rs 178.70, which is the highest level in 52 weeks.
History of last 5 years
| Year | Price (High) |
|---|---|
| 2018 | Rs 17.04 |
| 2019 | Rs 7.45 |
| 2020 | Rs 23.47 |
| 2021 | Rs 59.05 |
| 2022 | 161.20 |
| 2023 | 164.40 |
See also – UltraTech Cement share price target
Bigbloc share price target 2023-2030
Top market experts suggest that it is a good stock to hold for the long term and can give up to 150 per cent returns in the next 12 months. At the same time, analysts expect an uptrend in the share price and an expected price of Rs 350.50 by 2025.
NB: The target price is based on our research and technical analysis which may vary with time. So, this is an estimated price and not the exact share price of BigBloc Construction Ltd. The stock market is volatile, so do your research and consult your financial advisor before investing.
2023
- Target-I: Rs 150.10 to Rs 165.50
- Target-II: Rs 160.20 to Rs 180.40
2024
- Target-I: Rs 170.20 to Rs 185.50
- Target-II: Rs 185.90 to Rs 205.40
2025
- Target-I: Rs 190.20 Rs 215.30
- Target-II: Rs 205.10 to Rs 240.80
2026
- Target-I: Rs 215.70 to Rs 235.60
- Target-II: Rs 225.50 to Rs 245.30
2028
- Target-I: Rs 275.20 to Rs 305.10
- Target-II: Rs 300.00 To Rs 335.50
2030
- Target-I: Rs 330.40 to Rs 350.20
- Target-II: Rs 355.80 to Rs 385.50
See also – KBC Global share price target
FAQs
The share price target for Bigbloc in 2025 is Rs 205.10 to Rs 240.80.
Bigbloc is a good option to add to the portfolio, it has huge potential and is expected to be able to deliver huge returns.
The share price target for Bigbloc is Rs 300.00 To Rs 335.50 by 2028.
The highest share price target for Bigbloc is Rs 355.80 to Rs 385.50 by 2030.
Conclusion
Urban areas are going to massive infrastructure development in the coming years, wherein the company will play a key role in the construction sectors. It is a non-stop business segment and its demand will always be there in the market. The company has great potential for increasing its share price in the coming years.
