Pratika Auto Industries Share Price Target: Hello, and welcome to this article. Today, we’ll review Pratika Auto Industries’s operations, how it earns profits, potential growth areas, and all sorts of information regarding this business to gain a better understanding of the trend in price targets of Pratika Auto Industries shares.
In addition, after analyzing the company’s stock, we will share the results with you, so that you will have an idea about this stock.
The company has good growth potential, and it is a great investment option for the long term. This article will discuss Pratika Auto Industries Share Price Target 2023, 2024, 2025, to 2030.
Before diving into Pratika Auto Industries stock price targets let’s look at the Pratika Auto Industries company background, the technical basics, fundamental analysis, shareholders, future potential, etc.
It will help you in making a final decision about your next investment. However, first, let’s examine company’s history and its complete business structure.
Pratika Auto Industries Overview
Pratika Auto Industries, established in 1980, is a specialist in the manufacturing of automobiles and tractors. It is active in business related to tractors and automobiles.
Pritika Auto Industries Limited produces and markets machine-made castings and auto components.
The company offers wheel housings and axle housings hydraulic lift housings, covers, plates for differential carriers brake housings, crankcases and cylinders.
Pritika Auto Industries serves original equipment manufacturers, such as MM Swaraj, Escorts, and SML Isuzu Tractors India, as well as exports its products overseas.
The product range of the company includes axle housings and hydraulic lift housings, end covers, differential carriers for plates, brake housings, as well as cylinder blocks.
It serves original equipment manufacturers (OEMs) including MM Swaraj, Escorts, SML Isuzu, and Ashok Leyland in India. It also exports its products abroad.
The company is based in Punjab, India. Its products are primarily used in tractors and automobiles.
Pritika Auto Industries has several production facilities in Derabassi, Hoshiarpur, and Tahliwal, India. The company has a total capacity of over 50,000 metric tons per annum.
Fundamental Analysis of Pritika Auto Industries
- Market Cap ₹ 275 Cr.
- Current Price ₹ 30.0
- High / Low ₹ 31.8 / 13.1
- Stock P/E 22.6
- Book Value ₹ 19.0
- Dividend Yield 0.00 %
- ROCE 12.6 %
- ROE 9.87 %
- Face Value ₹ 2.00
- Price to book value 1.61
- Price to Earning 22.6
- OPM 11.7 %
- EPS ₹ 1.37
- Debt ₹ 108 Cr.
- Debt to equity 0.64
- Return on equity 9.87 %
- Return on assets 4.90 %
Pritika Auto Industries Share Price Target For 2023 As Follows:
|1st Target- Rs.35
|2nd Target- Rs.42
Pritika Auto Industries Share Price Target For 2024 As Follows:
|1st Target- Rs.55
|2nd Target- Rs.78
Pritika Auto Industries Share Price Target For 2025 As Follows:
|1st Target- Rs.95
|2nd Target- Rs.128
Pritika Auto Industries Share Price Target For 2026 As Follows:
|1st Target- Rs.174
|2nd Target- Rs.203
Pritika Auto Industries Share Price Target For 2027 As Follows:
|1st Target- Rs.286
|2nd Target- Rs.360
Pritika Auto Industries Share Price Target For 2028 As Follows:
|1st Target- Rs.480
|2nd Target- Rs.540
Pritika Auto Industries Share Price Target For 2030 As Follows:
|1st Target- Rs.615
|2nd Target- Rs.700
- Retail And Others: 50.11%
- Promoters: 48.55%
- Foreign Institutions: 1.34%
Pritika Auto Industries stock has been on fire, gaining more than 15% in the past three trading sessions.
The stock is now higher following the announcement of the allocation of warrant holders’ shares that are non-promoters based on preferential.
Pritika Auto Industries has a debt-to-equity ratio of 0.64, which indicates that the company is using a significant amount of its assets to pay off its liabilities.
This is an alarm signal for investors to beware of. Pritika Auto Industries also has an inventory turnover rate of 5.08 which means that the business is not efficient in handling its inventories. The Company recently increased its capital. This should allow it to grow faster in the near future.
However, the company’s ROCE has been declining lately. This isn’t the best option however it will be fascinating to see if this trend is maintained in the near future.
Pritika Auto Industries’s DPR has been declining over the past five years. This may suggest that the business is investing its profits back into the business instead of redistributing the profits to shareholders.
This can be a good thing, as it means that the company is growing and that future dividends could potentially increase.
However, it also indicates that the company may not be able to pay out dividends in the future. This is an investment risk that investors should take into consideration before deciding to invest in this business.
Pritika Auto Industries’ sales have been growing in recent years. The company has also reinvested in its business. The company has been able to increase the returns of shareholders.
The ratio of equity to debt is very low. This indicates there is a solid cash flow structure. Pritika Auto Industries’ ratio of inventory turnover is also high and indicates that the business is very active in marketing its goods.
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This article is a complete guide to Pritika Auto Industries Share Price Target, where you can find out what Pritika Auto Industries is, its businesses, and Pritika Auto Industries Share Price Target 2023, 2024, 2025 to 2030.
Share price forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, We have talked in detail about Pritika Auto Industries’ future prospects and growth potential.
Hopefully, this information will help by having all the share price details of Pritika Auto Industries so that you can consider investing in the future. If you have any questions, please contact us in the comment box.