Investors are always looking for such shares where they can get good profits and dividends and that is why they keep finding out about the share price targets of companies operating in different segments. We tell you about the stock prices of different companies and the future of the company, which can help you in making better investments.
In today's article, we are going to tell you about Exide Share Price Target 2023, 2024, 2026, 2030, 2040. It is a good company, which is currently performing well. Before investing in the shares of this company, you should get information about the working sector of the company and some other important factors, in which this article can help you.
Exide Share Price Target 2023?
Exide company is a well-known company in India. The current market value of this company is Rs 22400 crore. This company is a leading company in India in the battery industry, which is engaged in automotive,
It manufactures batteries used in industrial and defense sectors. The demand for products manufactured by the company such as Exide batteries is increasing in every field. Due to which the company seems to be growing well. The company's share market price has seen an increase of 2% in the recent past. The share price of the company has been increasing gradually for the last 6 months. In future the share price of the company will be as follows.
Exide Share Price Target 2024?
As the demand for electric vehicles is increasing in the market, the growth of the company is also increasing. In future, Exide company's batteries will be used in many fields like railways, telecom, UPS, solar etc.
Due to the use of clean energy as fuel, the demand for batteries is increasing significantly in the market, due to which the company's sales are also improving. If we look at the company's return on equity (ROE) ratio, it is 7.50%, which is quite good. From an investor's perspective these return on equity ratios are safe. The company's share price will be like this in future.
Exide Share Price Target 2025?
You can consider this company as a debt free company. Apart from this, the Industry P/E ratio of this company is continuously increasing. The company's current Industry P/E ratio is 35.04 and Debt to Equity ratio is 0.05%. All the figures of the company are increasing very fast, the reason for which could be the strong customer base of the company. Exide Industries has very good customer support.
If we look at the automotive segment, a large number of companies manufacturing three wheelers, two wheelers and four wheelers are associated with the company as customers. Apart from this, big companies like Cipla, Hitachi, Godrej, BSNL, Finolex, BHEL, Tata, NTPC, Indus Towers, General Electric are associated with the company as customers. Due to increase in demand for electric vehicles in the coming time, the company may see good growth in its revenue. In future the share price of the company became like this.
Read: - Union Bank Share Price Target 2023 to 2040
Exide Share Price Target 2026?
Exide Company is now trying to increase its manufacturing capacity, because the demand for batteries in the automotive and industrial sectors has been increasing significantly in the last few years. Currently the company has 9 manufacturing plants. From where the company manufactures batteries and supplies them to different parts of the country. Ever since the manufacturing of electric vehicles has started in India.
Since then, all the companies working in the battery segment are continuously performing well. Seeing the increasing demand for batteries in the market, many investors have invested in this company. The book value of the company has become very high. The current book value of the company is 125, which is much better. The stake of foreign investors in this company has increased by 13%. The company's share price will be like this in future.
Read: - Vakrangee Share Target 2023 to 2040
Exide Share Price Target 2030?
Apart from India, this company also supplies batteries to many other countries, but 90% of the company's revenue comes from India. Exide company is planning to expand its business by collaborating with different companies of the world.
As the demand for batteries increases in the market, Exide company will have full opportunity to expand its business. If we look at the revenue and profit chart of the company, the net profit margin of the company is 5%, which is quite good. Apart from this, the operating profit margin of the company is 6.50%. This means the company is generating good revenue every year, and is also earning good profit. By the year 2030, the price of the company's shares will be like this.
Exide Share Price Target 2040?
Gradually the demand for clean energy is increasing in India. Since the advent of electrical vehicles, the demand for lithium-ion batteries for clean energy has increased significantly. Now if the company meets this demand by increasing its manufacturing capacity, then the company can master the battery business.
This company can achieve good growth in future by partnering with many big companies. If we look at the share holding pattern of the company, only 50% stake in the company is held by the promoters, the remaining 50% stake is held by foreign investors and other investors. Due to higher market share, the EPS ratio of the company has become 10, which is quite good.
Read: - Adani Enterprises Share Price Target 2023 to 2040
Exide Company Future?
A lot of changes may be seen in Exide Interest Company in the future. Vehicles running on clean energy are now being used in all the countries of the world. Battery is mainly used for energy supply in these vehicles. If Exide Industries fulfills this demand for batteries in countries other than India, then the company can earn good profits in the future. Apart from this, the Indian government is also promoting electric vehicles and solar energy, which can further benefit the company.
Exide Company Strength?
The book value of the company is 130, which is quite good.
The company's share price has increased by 2%.
The number of foreign investors in the company is large, about 15%.
The company's return on equity ratio of 7.50% is quite good.
It is a debt free company.
Exide Company Weakness?
The promoters' holding in the company is very less.
The manufacturing capacity of the company is low.
Conclusion?
Before investing in Exide Industries, you have to look at the market position of the company. This company is currently performing well, but investors who want to invest in it for a short period of time. This company may not prove to be very beneficial for them. But for investors who want to invest for the long term, the company can prove beneficial. Looking at the increasing demand for batteries in the market, it can be estimated that the company will definitely grow in the future.
Disclaimer?
Dear valued viewers,
I would like to remind you that I do not have SEBI (Securities and Exchange Board of India) permission to provide any financial advice or recommendation. The information and updates shared on this website are for educational and informational purpose only.
Do not construe it as investment advice, stock recommendations, or financial guidance. Although I aim to provide timely updates of the information contained herein, I cannot be held responsible for any financial loss incurred based on this information.
My desire is to provide periodic updates on the stock market, cryptocurrencies, and financial products with a human touch, to help you make informed investment decisions.
FAQ: -
(Q) What does the Exide do?
Ans. This company is a leading company in India in the battery industry, which is engaged in automotive, manufactures batteries used in industrial and defense sectors.
(Q) Exide where is located?
Ans. Kolkata, India
(Q)When was the company established?
Ans. 1946
