Ashnisha Industries Share Price Target 2023, 2024, 2025, 2030, 2050

Ashnisha Industries Ltd., a steel and steel alloy manufacturing and trading company in the Indian stock market. We are going to get information about the future of Ashnisha Industries share price target from 2023 to 2030 through today’s article.

Ashnisha Industries share strength

The company has given a CAGR return of 1301% in the last 1 year.
The company’s liquid position current ratio is 8:12, which would be considered very good.
In all the quarterly results in the year 2023, the company has presented significant figures.

Ashnisha Industries share weakness

The promoter holding of the company is recorded at 27.11% which will be considered when.
The last 5 years EBITDA margin of the company is -0.47% which would be considered quite low.

Ashnisha Industries share price live chart

Ashnisha Industries share price target

Ashnisha Industries Share Price Target 2023

The market cap of the company is Rs 234.32 crore, the current debt of the company is Rs 1.74 crore, the promoter holding of the company is 27.11%, the availability of free cash with the company is Rs 2 lakh, the sales growth of the company is 0%. If recorded, then the profit growth of the company is recorded at -42%, the company currently has more debt than the market cap, if the company reduces it in future, then its first target in 2023 will be Rs 30. And the second target can go up to Rs.35.

Ashnisha Industries Share Price Target 2024

If we take information about the returns of the company, the company has given 36% returns in the last 6 months, 1301% returns in the last 1 year, 316% returns in the last 3 years and 82% returns in the last 5 years. Meaning, if the company has continuously given good returns to its investors, then the companies grow in the future also, then in 2024 its first target can go up to Rs 50 and the second target can go up to Rs 60.

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Ashnisha Industries Share Price Target 2025

If we take information about the previous net sales, then from March 2018 to March 2020, the company had good net sales, then from March 2021 to March 2020, the company had no net sales, then from March 2023, the company had good net sales. Net sales are being generated. If we look at the results presented by the company for the last June quarter 2023, the net sales of the company were Rs 2.18 crore and the company has earned a profit of Rs 30 lakh, then the companies will grow like this in the future also. , so ashnisha industries share price target by 2025, its first target can go up to Rs 80 and the second target can go up to Rs 100.

Ashnisha Industries Share Price Target 2030

When we study the share holding pattern, the public holding is 72.89%, promoter holding of the company is 27.11%, FII is holding 0%, DII is holding 0%, if we look at June The promoter holding of the company was 35.91% in 2022, which the company has increased to 27.11% in June 2023. If in future the company increases the promoter holding, then its first target in 2030 will be Rs 200 and the second target will be Rs. 250 can go up to Rs. 270.

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Disclaimer: This price prediction is only for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.

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