Vikas Ecotech Limited is a leading speciality chemical and polymer additives manufacturer in India. The company has shown good results and has attracted investors who are looking for long-term investment opportunities.
It has a good position in the chemical industry and offers a wide range of products such as Plastic Additives, PVC Compounds, Lubricants etc.
For its diversified product portfolio, the company has a strong track record in various sectors such as automotive, packaging, construction and agriculture.
In this article, we’ll explore the expected share price targets of Vikas Ecotech for the years 2024, 2025, 2026, 2028 and 2030. To make it easier for investors to consider investing. Before predicting its share price, let’s know the brief information about the company.
Vikas Ecotech Limited- Brief Information
Vikas Ecotech is a renowned Indian company engaged in the field of speciality chemicals and polymer compounds. It is an established company based in Gurugram, Haryana, providing innovative solutions to various industries such as automotive, packaging, consumer goods and construction.
The company specializes in the manufacturing of additives, fillers, plasticizers and colorant products. These products cater to diverse applications and serve customers across the globe and meet their specific requirements.
Through its commitment to innovation and sustainability, Vikas Ecotech continues its contribution to the chemical industry while ensuring customer satisfaction.
Vikas Ecotech Share Price Targets for 2024 to 2030
Vikas Ecotech has shown a decline over the years and the revenue growth has been low at 15.7 per cent year-on-year. But, the company expanded its market presence, both domestically and internationally and gain a profit of 45.89 per cent.
The increasing demand for speciality chemicals has not seen any significant jump in the share price of Vikas Ecotech in 10 years. But, in January 2018, the share price touched a high level and delivered good returns. Later, there is no significant growth in the stock over a year.
But, if we look at its past, the company gives huge returns of 200 per cent to 400 per cent every two-three years. So, this is a good stock for the near term i.e. two to three years. Given below are the expected share price targets for Vikas Ecotech for the years 2024, 22025, 2026, 2028 and 2030.
2024
As per our research, the target share price for Vikas Ecotech is in the range of Rs 5.50 to Rs 8.30 by 2024, representing a substantial 120 to 160 per cent upside from current levels.
| Year | Target |
|---|---|
| January | ₹3.30 |
| February | ₹3.25 |
| March | ₹3.75 |
| April | ₹3.88 |
| May | ₹4.12 |
| June | ₹5.50 |
| July | ₹5.25 |
| August | ₹6.12 |
| September | ₹6.58 |
| October | ₹7.10 |
| November | ₹8.05 |
| December | ₹8.30 |
2025
Based on the growth expected in 2024, Vikas Ecotech’s share price will continue to rise steadily. The target price for 2025 is estimated in the range of Rs 7.20 to Rs 12.50 per share, reflecting the company’s continued growth and market recognition.
| Year | Target |
|---|---|
| January | ₹7.30 |
| February | ₹7.20 |
| March | ₹7.70 |
| April | ₹8.10 |
| May | ₹8.52 |
| June | ₹9.25 |
| July | ₹10.10 |
| August | ₹11.12 |
| September | ₹12.50 |
| October | ₹11.70 |
| November | ₹11.05 |
| December | ₹12.12 |
2026
The target price for Vikas Ecotech is Rs 11.50 to Rs 15.50 per share in 2026, reflecting the company’s steady growth and potential returns for investors, as Vikas Ecotech continues to expand its market presence over the years.
| Year | Target |
|---|---|
| January | ₹11.52 |
| February | ₹11.75 |
| March | ₹11.98 |
| April | ₹12.80 |
| May | ₹12.25 |
| June | ₹12.50 |
| July | ₹12.85 |
| August | ₹13.12 |
| September | ₹13.58 |
| October | ₹14.10 |
| November | ₹14.42 |
| December | ₹15.50 |
2028
Looking ahead, Vikas Ecotech’s market expansion and product diversification efforts are expected to bear positive results. By 2028, a target of Rs 18.20 to Rs 28.40 per share can be expected, indicating continued growth and increasing market share of the company.
| Year | Target |
|---|---|
| January | ₹18.30 |
| February | ₹19.25 |
| March | ₹19.95 |
| April | ₹20.88 |
| May | ₹22.12 |
| June | ₹24.50 |
| July | ₹26.25 |
| August | ₹27.12 |
| September | ₹28.40 |
| October | ₹28.10 |
| November | ₹28.05 |
| December | ₹28.30 |
2030
In the long term, Vikas Ecotech’s continued focus on innovation and strategic initiatives is expected to enhance its market value. By 2030, a target share price range of Rs 30.50 to Rs 42.50 per share can be estimated, reflecting the company’s mature presence and potential for significant returns.
| Year | Target |
|---|---|
| January | ₹30.30 |
| February | ₹30.20 |
| March | ₹30.65 |
| April | ₹31.88 |
| May | ₹33.12 |
| June | ₹35.50 |
| July | ₹37.25 |
| August | ₹39.12 |
| September | ₹40.58 |
| October | ₹41.10 |
| November | ₹41.55 |
| December | ₹42.30 |
Note: Predicting share prices is challenging, but it is possible to provide an approximate price range for Vikas Ecotech over the next few years. The estimated price targets are based on the company’s historical performance, growth prospects, market dynamics and our research. But, these target values are subject to various risk factors, so research well and consult your financial advisor.
Fundamentals of Vikas Ecotech
| Primary Exchange | NSE/BSE |
| Traded Volume | 1,733,436 |
| Market Cap | ₹ 281 Cr |
| Revenue | ₹ 68.33 Cr |
| Net Profit | ₹ 1.79 Cr |
| Net Profit Margin | 2.62 % |
| EPS | 0.11 |
| PE Ratio | 25.81 |
| Dividend Yield | 2.27% |
| ROE | 4.09% |
| Debt to Equity | 0.31 |
| Face Value | 1 |
| Official Website | http://vikasecotech.com |
FAQs
The share price trend analysis by the Bankshala team indicates that it is bullish for the near term and is likely to grow to some extent.
The share price target for Vikas Ecotech is Rs 7.20 to Rs 12.50 per share by 2025.
The current share price of Vikas Ecotech as on June 11, 2023, is Rs 2.92 per share.
The share price target for Vikas Ecotech is Rs Rs 30.50 to Rs 42.50 per share by 2030.
The highest target price for Vikas Ecotech in 2028 is Rs 18.20 to Rs 28.40.
Conclusion
Vikas Ecotech Limited is an attractive investment for short-term investors, backed by a year-on-year profit percentage and growing market presence. The years 2024 to 2030 are bullish and can expect average returns. Share prices are subject to market fluctuations and other variables. Therefore, investors should do their own research and consult financial professionals before making any investment decision.
(Disclaimer: The share price and other information of Vikas Ecotech are based on its results over the years. This information should not be considered investment advice in any way. Investing in the stock market is subject to risk and you should consult your financial advisor before investing.)
