Hello friends, today we are going to talk about Pidilite share price target 2022, 2023, 2025, 2030, the company whose products are used in almost every household. Pidilite has been providing its shareholders with consistent multibagger returns for a long time.
Today, we’ll take a look at the company’s future prospects to give us an idea of what Pidilite shares expect you to perform in the years to come. Let us analyze the business of the company thoroughly-
Pidilite share price target 2022
If you look at the product of Pidilite, then Fevicol, Fevistik, Fevikwik are the number one company of all these market leader products in adhesives. Everyone knows these products of the customer company and most like to buy it. Because the brand name of the company’s product has settled in the mind of the people, due to which if any people speak the name of the adhesive, then they talk only about the product of Pidilite company.
Due to this increasing market demand of the company, every year continuously tremendous growth is being shown in the business. At present, if we look at the market share of Pidilite, it is seen more than 70 percent which is a monopoly business.
Due to this increasing market share of the company, Pidilite share price target is expected to show you the first target of Rs 3400 by 2022. After this target, you can definitely see the interest of the second target Rs 3650.
Pidilite share price target 2023
The company is continuously adding new products to its business portfolio every year. You will find Pidilite products in every category in the market. Due to which Pidilite is able to meet the demands of different customers.
The management of Pidilite knows very well which products to launch in the market so that it is able to capture maximum market share. Due to this experience of management, you are going to see the business portfolio of the company growing more rapidly.
With the good revenue as a result of the growing product of the company, the share price will be seen showing you the first target of Rs 4800 in 2023. After that you can think of another target to hold for Rs5000.
Pidilite share price target 2025
The way Pidilite is increasing the growth of its business with the help of its brand value, it will be very difficult to compete with Pidilite in this business in the long run. Also, the company invests a large amount in the research and development of its product. Due to which Pidilite is seen innovating new products from time to time.
Due to innovation in the product, the company also sees good demand in its products in foreign countries like Bangladesh, Brazil, Thailand, Egypt, USA. Also, the company has a huge customer base in the industrial segment. Due to which the growth of the company is expected to grow more rapidly in the coming time.
Looking at this growing business, Pidilite share price target is expected to show you the first target of Rs 7800 by 2025. Then you can look for the second target to be Rs 8300 interest.
Pidilite share price target 2030
The way the government seems to be giving maximum focus on the construction activity in the real estate business, due to this all the construction related work will be seen faster in the coming times. Due to Pidilite being associated with the functioning of this industry, the demand for the product is also going to increase rapidly in the future.
In the coming years, as you will see the development of construction related work in rural areas too, you will see the growth of Pidilite’s business accordingly. Looking at the future potential of Pidilite in the long run, we are likely to see you target around Rs.16,400 by 2030.
If you look at the business of Pidilite, then you can see a very strong company fundamentally. Consistently the management seems to be expanding rapidly by maintaining its business growth.
Also, the future of Pidilite’s adhesive products in the auto and packaging industry is expected to increase in demand. Due to which the share price of the company can be seen at a very good valuation in the future. Overall, if we look at the company’s stock, then Pidilite stock must be in sight for long investment.
Pidilite share financial analysis
If you look at Pidilite’s over a long period of time, you can see the company’s financial performance,
whether it’s revenue or profit, keep going up. Also, the company has been able to maintain good trends in ROC and ROCE.
If you look at the debt on the company, it is negligible, it can also be called almost debt free. Along with this strong financials, the promoter holding of the company is also very high, which shows the strength of the company’s business.
Fundamentally strong large cap company’s shares like Pidilite are a must have in your portfolio. This will strengthen your portfolio and help reduce the risk to a great extent with good returns in the long run. But none are buying advice at all like ours. These posts are for education purpose only. Always ask your financial advisor before making any investment.
I hope by reading the post Pidilite share price target 2022, 2023, 2025, 2030, you have got an idea of how the company can perform in future along with its business details. If you have any question related to this post, then definitely tell in the comment. You can read our other posts for detailed information about such stocks in the stock market.