Sula Vineyards Limited is a popular Indian winery engaged in producing high-quality wines for more than two decades. It is located in the Nashik district of Maharashtra, India.
The company is listed on both NSE and BSE in India since 2017. Many of us investors will be interested in knowing Sula Vineyards ltd share price targets for 2023 to 2030.
As per official data, the market capitalization of Sula Vineyards is around Rs 3,019 crore and the current share price is Rs 361.85.
However, stock prices are subject to change and may not be the same. Total revenue of Rs.209.19 crore and a net profit of Rs.39.21 crore in FY22.
Before we dive into Sula Vineyards share price target, we need to look at the various factors that could affect the company’s financial performance. So, first, let’s explore the fundamentals and growth prospects of Sula Vineyards.
Fundamentals
The wine industry is highly competitive and Sula Vineyards may face both domestic and international players. Hence the company tries to stay ahead of the competition by expanding its distribution network and introducing new products.
| Traded volume | 21,280 | EPS (Diluted) | 4.77 (6.47 ↑) |
| Market Capitalization | 3019 Cr | PE Ratio | 41.79 |
| Revenue | 209.19 Cr (11.69 ↑) | Industry PE | 35.63 |
| Net Profit | 39.21 Cr | ROE | 14.90% |
| Net Profit Margin | 17.95% | Debt to Equity | 0.51 |
Financially, Sula Vineyards has been on a steady rise over the years. By the end of the financial year 2022-23, the company has registered a revenue of Rs 209 crore and a net profit of Rs 39.21 crore.
The company is expanding its new product line and also has resorts, restaurants and other businesses. Check here for more details regarding the Sula Vineyards.
Check Sula Vineyards live share price:
Risk Factors
A number of factors can affect Sula Vineyards’ share price, as this is a very competitive industry in the market.
- Competition: There are already established players in the winery industry, which may affect its share price in the future.
- Government policy: If the policy of the government goes against the winery industry, it can affect this industry.
- Management system: Sometimes bad management can lead to a fall in the share price and market.
- Global crisis: This is rare, yet, we must consider that if this happens, the share price goes down and there is a potential for loss.
Sula Vineyards share price target 2023, 2024, 2025 to 2030
Sula Vineyards has been a popular investment choice for many investors, and the company’s financials and expansion plans look promising over the years. Bankshala team have set different share price targets for Sula Vineyards.
But, some analysts believe the company’s share price could reach Rs 230 in the short term, while others have set more ambitious targets of up to Rs 650 in the long term.
Note: You are advised that these share price targets are not the exact value, it is an estimate of the future share price value which may differ from the exact value. You should always do your own research and consult with your financial advisor before making any investment decision.
2023
In 2023, the minimum share price target will be Rs 305.20 to Rs 345.30 based on our research and technical analysis. And at the end of the year, the maximum target price for the Sula Vineyards share will be Rs 335.40 to Rs 365.70.
- Target-I: Rs 305.20 to Rs 345.30
- Target-II: Rs 335.40 to Rs 365.70
2024
As per our experience and research, the lowest share price target will be Rs 350.50 to Rs 380.30. And at the end of the year, the maximum target price for the Sula Vineyards share will be Rs 390.20 to Rs 425.10 by 2024.
- Target-I: Rs 350.50 to Rs 380.30
- Target-II: Rs 390.20 to Rs 425.10
2025
In 2025, the lowest share price target will be Rs 430.70 to Rs 455.90 based on our research and technical analysis. And at the end of the year, the maximum target price for the Sula Vineyards share will be Rs 455.40 to Rs 475.20.
- Target-I: Rs 430.70 to Rs 455.90
- Target-II: Rs 455.40 to Rs 475.20
2026
Based on our research and forecast methodology, the minimum share price target would be Rs 470.10 to Rs 495.30. And at the middle of the year, the maximum target price for the Sula Vineyards share would be Rs 510.20 to Rs 525.40 in 2026.
- Target-I: Rs 470.10 to Rs 495.30
- Target-II: Rs 510.20 to Rs 525.40
2028
In 2028, the lowest share price target will be Rs 550.40 to Rs 585.60 based on our research and technical analysis. And at the end of the year, the maximum target price for the Sula Vineyards share will be Rs 615.20 to Rs 635.40.
- Target-I: Rs 550.40 to Rs 585.60
- Target-II: Rs 615.20 to Rs 635.40
2030
Based on our research and technical analysis, the minimum share price target will be Rs 635.30 to Rs 650.40. And at the end of the year, the maximum target price for the Sula Vineyards share will be Rs 665.20 to Rs 690.30 by 2030.
- Target-I: Rs 635.30 to Rs 650.40
- Target-II: Rs 665.20 to Rs 690.30
FAQs
A: Sula Vineyards has shown steady growth over the years and delivered strong financial results. The company reported a revenue of Rs 209 crore and a net profit of Rs 39 crore. As per our experience and research, the stock would be a good pick for the long term.
A: The maximum share price target for Sula Vineyards will be Rs 325.40 to Rs 345.70 by 2023.
A: The maximum share price target for Sula Vineyards will be Rs 435.40 to Rs 455.20 by 2025.
A: The current share price of Sula Vineyards is Rs 359.20 on 25 March 2023.
A: The maximum share price target for Sula Vineyards will be Rs 635.20 to Rs 650.30 by 2030.
Disclaimer: The share price targets on our website (bankshala.com) are 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, analyze and consult your financial advisor before taking any decision.
