Before investing in any company we need to research well and check all the aspects of the company like revenue growth, profit, debt ratio, business segments and other factors. So, we are here with all the above-mentioned factors to predict the Himadri Speciality Chemical Ltd share price for the years 2024-2030.
The company has shown strong year-on-year financial results, records revenue of Rs 1029 crore, a growth of 23.4 per cent and a net profit of Rs 76.26 crore, a growth of 1144.12 per cent.
At present, Himadri’s share price is trading at Rs 133.75 in June 2023, up 125.52 per cent in one year. If we look at its share price chart, it is showing lower highs and higher highs in the last few years.
The company has maintained strong performance and given huge returns to its investors. The share price has seen ups and downs, yet it has given huge profits to the investor over the years.
Now, the share price of the company is in an upward trend and the share price may touch an all-time high of Rs 175.50 at the end of this year. Read this forecast till the end for more details on the share price target.
Himadri Specialty Chemical Ltd – Overview
Himadri Speciality Chemical Limited is a leading Indian company engaged in the manufacturing of carbon materials and speciality chemicals. The company operates in various segments including Coal Tar Pitch, Carbon Black, Advanced Carbon Materials and others.
The company was established in 1987 and provides high-quality chemical products and solutions for diverse sectors across the globe. Himadri Specialty Ltd is focused on innovation, research and development and sustainable practices in the market.
Its products are used in many industries including automotive, construction, textile, energy, packaging and more. Hence, by offering customized solutions to meet specific customer requirements, the company has built strong relationships with clients both domestically and internationally.
Fundamentals
The company is listed on both NSE and BSE in India and below are the fundamentals that are very important to know before investing in any stock:
| Company Name | Himadri Speciality Chemical Limited |
| Industry | Speciality Chemical |
| Country | India |
| Founded | 1987 |
| Primary Exchange | NSE/BSE |
| Traded Volume | 56,72,484 |
| Market Cap | ₹ 5740 Cr |
| Revenue (2023) | ₹ 1029 Cr |
| Net Profit (2023) | ₹ 76.26 Cr |
| Net Profit Margin | Dividend Yield |
| EPS (TTM) | 4.99 (194.11 ↑ YoY) |
| Dividend Yeild | 0.19 |
| PE (TTM) | 26.58 |
| ROE | 10.41% |
| Industry PE | 15.11 |
| Debt to Equity | 0.37 |
| 52 Week Low | 55.40 |
| 52 Week High | 137.65 |
| Buy/Sell/Hold | Sell |
| Face Value | 1 |
| Official Website | https://www.himadri.com |
Himadri share price target for the years 2024-2030
If you are considering investing in Himadri Speciality Chemicals, then this article aims to provide you with the share price targets of the company for the years 2024, 2025, 2026, 2028 and 2030.
The technical analysis is based on historical data and market trends and our research, which may differ from the actual price. Therefore, it is advised to do further research and seek advice from financial professionals before making any investment decision.
Investing in the stock market can be potentially profitable, but it requires careful analysis and understanding of market trends. Market analysts say there is an upside move in mid-year 2025 and the expected share price target is Rs 570.50.
2024
The increasing demand for carbon materials and other products may contribute to the financial performance of the company. So, the lowest share price target is Rs 140.30 to Rs 148.50. But, at the end of the year, the highest share price target for Himadri Specialty Chemical is Rs 142.20 to Rs 155.10 by 2024.
2025
The company has product diversification, which can help it beat the changing market trends. By 2025, the share price target is estimated to be in the range of Rs 153.50 to Rs 170.40. In the middle of the year, the highest share price target for Himadri Specialty Chemical is Rs 165.20 to Rs 185.10 by 2025.
2026
Himadri Specialty Chemical Limited has expanded its business to many parts of India as well as China, which may help the company grow further. The minimum share price target is Rs 180.20 to Rs 195.50, and at the end of the year, the maximum share price target is Rs 198.20 to Rs 210.50 by 2026.
2028
If we look at its price chart history, the company has shown good performance in the last 10 years and has also given good returns to investors. Now, the company has diversified its product line-up which shows a lot of potential in the future. So, the first target price for Himadri Specialty Chemical is Rs 200.50 to Rs 225.60 and the second target price is Rs 220.20 to Rs 245.80 per share by 2028.
2030
In 2030, the lowest share price target at the beginning of the year is Rs 250.50 to Rs 265.60. And it will trend upwards in the middle of the year. Next, at the end of the year, the maximum share price target for Himadri Specialty Chemical is Rs 270.10 to Rs 285.30.
Note: Due to market volatility and unforeseen events, it is challenging to forecast share prices accurately. However, based on the historical trends, market analysis and our experience, the above share price targets are mentioned.
Consider before investing in stocks
- Research: Before investing in a stock, you need to do thorough research, such as revenue growth, profits, industry trends, etc.
- Diversification: Diversify your investment portfolio by investing in different stocks to reduce risk.
- Consult with Financial Professionals: Consult with financial professionals who can provide personalized guidance based on your specific financial goals.
- Monitor Market Trends: Stay updated with market news.
Risk Factors
Investing in the stock market involves risk, and the same should always be considered before making any investment decision. Given below are the key risk factors that may affect its share price in the future:
- Market Risks: The company operates in a competitive industry that is subject to market fluctuations, changes in government regulations and customer preferences.
- Raw Material Price: The manufacturing process depends on various raw materials and raw material prices can be volatile, which can affect the production cost and profitability of the company.
- Regulatory and compliance risk: The chemical industry is subject to stringent regulations, so failure to comply with these regulations can result in fines, legal action, damage to reputation and disruption of operations.
- Operational Risks: A manufacturing company always has operational risks such as supply chain disruptions, equipment failure, accidents, natural calamities etc. Therefore, these events can affect the company’s financial performance.
How to buy Himadri shares?
You can follow these simple steps to buy shares of Himadri Specialty Chemical Ltd:
- Select Stockbroker: Select a reputed stockbroker that meets your requirements in terms of trading. Make sure that the stockbroker is registered with the regulatory authorities.
- Demat Account: Start by opening a Demat account with a registered stockbroker or brokerage firm. These accounts are essential for holding and trading shares electronically.
- KYC: This may include providing identity documents, proof of address and other necessary information.
- Add Money: Once your trading account is set up, you will need to add funds. You can do this through online banking transfer, debit card or other accepted payment methods.
- Place Order: Login to your trading account and search for Himadri Specialty Chemical Ltd stock using its stock symbol. Specify the number of shares you wish to buy.
- Review and Confirm: Carefully review the order details including the price and fees associated with the trade. Once you are satisfied, confirm the order to proceed with the purchase.
Note: After buying the shares, you must check the share price on a daily basis, you can also use other financial platforms to track the performance of the stock.
FAQs
Ans: The company has a strong distribution network and customer support system and generates revenue growth and profit generation through product diversification which makes it a profitable stock in the market.
Ans: The maximum share price target for Himadri Speciality Chemical Ltd shares in 2025 is Rs 165.20 to Rs 185.10.
Ans: The first target price for Himadri Speciality Chemical Ltd shares in 2028 is Rs 220.20 to Rs 245.80 per share by 2028.
Ans: The current share price of Himadri Specialty Chemical Limited in June 2023 is Rs 133.50.
Ans: The share price target for Himadri Speciality Chemical Ltd is Rs 270.10 to Rs 285.30 by 2030.
Ans: Himadri share price can be affected by various factors, such as financial performance, industry trends, global conditions, regulatory changes etc.
Ans: No, it is generally not advisable for investors to solely rely on price targets. The price target is only an estimated value that helps to make a decision.
Conclusion
Share price target is challenging, it depends on an understanding of market trends, current performance, business segments, historical performance and other factors. We have endeavoured to provide the least inclusive expected share price targets for Himadri Specialty Chemical for the years 2024-2030. You are advised to do your own research and consult your financial advisor.
(Disclaimer: Himadri Speciality Chemical’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. Before investing in any company you should do your own research and consult your financial advisor).
