Fertilisers and Chemicals Travancore Limited (FACT) is a chemical company engaged in the fertiliser and chemical industry. It was established in 1943 and over the years has a rich history and strong presence in the Indian market.
FACT is a leading Public Sector Undertaking (PSU), that has continuously strived to meet the growing demand for fertilizers and chemicals in India. The company produces a wide range of fertilizers, petrochemicals, industrial chemicals and other products.
At present, there is a big trend of continuous increases in the share price of the company in the stock market. FACT has given returns of up to 1,446.6 per cent in just three years. The share price of FACT was Rs 30.00 in 2020 and is now trading at Rs 470.00 per share.
Market experts say that there is a further bullish trend in the next 12 months. The stock price will continue to remain bullish and the expected target price by 2025 is Rs 650.50.
In this blog post, we are going to forecast the share price of FACT for the years 2023, 2024, 2025, 2026, 2028 and 2030.
FACT – Overview
FACT is a public-sector fertilizer manufacturing company established in 1943and listecd on NSE in India. The company produces a wide range of fertilizers, chemicals and petrochemicals. The company’s commitment to quality products has earned it a reputation for excellence in the industry.
The company has made significant contributions to the agriculture sector by providing farmers with high-quality fertilizers that increase crop yields and promote sustainable agricultural practices.
It has also benefited from various sectors like speciality fertilizers, organic fertilizers, value-added products and others. This strategic approach strengthened its market position and has also contributed to its long-term growth and profitability.
See also – Bigbloc share price target
FACT – Fundamentals
The company reported a revenue of Rs 1,249 crore and a net profit of Rs 165.60 crore for the March 2023 quarter. If we compare the year-on-year revenue growth, it shows a decline of 22.26 per cent and a 29.06 per cent decline in net profit.
FACT Share Price Target 2023-2030
The share price of Fertilizers and Chemicals Travancore has risen by 379.47 per cent in a year. Top analysts suggest further upside in the next 12 months and the expected price target for FACT shares by 2025 is Rs 650.
2023
- Target-I: Rs 485
- Target-II: Rs 520
2024
- Target-I: Rs 530
- Target-II: Rs 575
2025
- Target-I: Rs 580
- Target-II: Rs 650
2026
- Target-I: Rs 520
- Target-II: Rs 565
2028
- Target-I: Rs 695
- Target-II: Rs 725
2030
- Target-I: Rs 805
- Target-II: Rs 875
NB: The target price of FACT shares is based on our research and technical analysis, which may get affected due to various factors over time. So, this is not the exact price of FACT shares, it is an estimated price.
FAQs
A: The target price of FACT shares is Rs 580 to Rs 650 by 2025.
A: FACT share price closed at 471.80 on 7th July 2023, we recommend a strong buy for the long term with a stop loss of 275 and a strong buy for the short term with a stop loss of 375.
A: The target price for FACT shares is Rs 805 to Rs 875 by 2030.
A: Check the table above to see the market cap of FACT.
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Disclaimer: The target price of FACT shares on our website (bankshala.com) 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. Before investing in any company you should do your own research and consult your financial advisor.
