Hello friends, today we will talk about BCL Industries Share Price Target 2023 2024 2025 2030. The stock of BCL Industries Ltd Company has given a return of 250% to its investors in the last two years. Today we will try to predict in this article, what can be BCL Industries’ share price target in the future.
BCL Industries Ltd Company Overview
BCL Industries Ltd. was established in 1976. The company is part of the Mital Group. The company deals in edible oil, basmati rice and liquor in distilleries.
If you look at the financial condition of the company, the company’s sales have seen a tremendous jump in the last five years and the company’s sales have increased from Rs 850 crore to Rs 2000 crore.
The company already has a debt of Rs 380 crore and a cash reserve of Rs 360 crore. Promoter holding in the company is 61% and public holding is 39%.
So let us now try to predict on the basis of the analysis of stock market experts what can be seen in the future by BCL Industries Ltd Share Price Target 2023, 2024, 2025, and 2030.
BCL Industries Ltd Share Price Target 2023
The company’s stock is currently running well below its 52-week high of Rs 530. Stock market experts believe that there is a structurally growing trend in stocks.
If we talk about BCL Industries Ltd Share Price Target 2023, then due to the increasing sales growth of the company, the stock of the company can again see its high price from Rs 500 to Rs 530.
BCL Industries Ltd Share Price Target 2025
The company gets 66% of its total revenue from the edible oil & vanaspati segment and 32% from the distillery segment. The company will be seen emphasizing increasing its business in its distillery segment in the coming time. The company has large customers in the distillery segment like Radico Khaitan, Punjab Chemical and Crop Protection Limited, and Wonder Health Care for a long time. If we see the BCL Industries share price target in 2025 from Rs 640 to Rs 725.
BCL Industries Ltd Share Price Target 2030
If we analyze the company’s long-term price forecast, the stock has increased by 30% CAGR over the past 10 years. Promoter holding in the company is quite good and the company’s business model will see good opportunities to grow in the future.
In the coming time, due to the company’s good net profit, the company management will also be seen eliminating or reducing its debt. Along with the company’s net profit, the company’s EPS is also seeing growth. Looking at the company’s past record, the BCL Industries Ltd share price target can be seen from Rs 1250 to Rs 1400 by 2030.