Tega Industries Share Price Target | Tega Industries Share Price Target
Hello, Friends if you searching for Tega Industries Limited’s share price target then you will land in the perfect place where you can get a detailed analysis of the company’s fundamentals. As well as we analyze Tega Industries’ financial stability, also whether investing in Tega Industries will give us good returns or not.
Evaluating the company’s business fundamentals, share price history, strengths, and weaknesses will give us more insight into its share value performance in the long term. Let’s see an in-depth analysis of Tega Industries Share Price Target for 2023, 2024, 2025, 2026, and 2030.
Tega Industries Share Price Target 2023, 2024, 2025, 2026, and 2030
Before evaluating Tega Industries’ share price prediction let’s see the company’s fundamentals. Tega Industries is an Indian-based public sector company headquartered in Kolkata and especially deals with the manufacture and distribution of Mining and mineral beneficiation products.
Tega Industries Share Price Target 2023
Tega Industries issued its initial Public Share (IPO) on Dec 1, 2021, on the Bombay Stock Exchange BSE-543413, and the National Stock Exchange NSE-TEGA, with a face value of INR10 and Per share Value of INR 443-453.
The company making stable revenue growth over the period of time due to its wider range of products and servicing, Tega Industries Limited is the second largest polymer-based mill liner in the globe, as well as the company, has so many subsidiaries which gave standard revenue.
Tega Industries Share Price Target 2023: Tega Industries Limited shares can show up stable growth in the upcoming days, as you can expect the target share price of Tega Industries by 2023 to be INR 730 and the second target Price of INR 740.
|Tega Industries Share Price First Target 2023||Rs.730|
|Tega Industries Share Price Second Target 2023||Rs.740|
Tega Industries Limited Share Price Target 2024
Tega Industries Share Price P/E ratio is 30.19 which is quite high compared to its sector P/E ratio, but as per the peer ratio Tega Industries shares in fair valuation. As per the key valuations, Tega Industries shares trading in the stock market are somehow overvalued.
In the future perspective, the company is expected 17% of Earning Per Share EPS growth per annum. In Dec 2022 the company posted very good results in terms of revenue and income. Its revenue growth was 15.19% high and EPS was beaten by 34% as compared to its previous quarter results.
Tega Industries Limited Share Price Target 2024: Tega Industries Limited keeps posting good revenue and earnings growth, and also has a track record in terms of growth, so you can expect high-margin share returns in the future. The Share Price Target of Tega Industries NSE is expected between INR 860 and the second price is Rs. 870.
|Tega Industries Share Price First Target 2024||Rs.860|
|Tega Industries Share Price Second Target 2024||Rs.870|
Tega Industries Limited Share Price Target 2025
Tega Industries Limited share Price Today is INR 701.8 (2-4-23) and you can check the updated share price by clicking the link. The company’s 52 W H/L value of 719/401.
The company has a strong presence in the global market, currently, the company was doing business in over 70 countries, and the management is keeping focusing on new markets in the upcoming days.
Tega Industries Limited Share Price Target 2025: The company shares will keep moving forward in the future because it has a wider market range with so many products and services to its clients. The Share Price Target of Tega Industries Limited by 2025 is INR 940 and the second highest target price is INR 950.
|Tega Industries Share Price First Target 2025||Rs.940|
|Tega Industries Share Price Second Target 2025||Rs.950|
Tega Industries Limited Share Price Target 2026
Tega Industries is a small-cap company with a total market valuation of INR 4,650.13, and the company shares were given good returns with a current net margin of 14.1%. If you see the Tega Industries Share Price History the company shows stable growth in its business and financial ratios.
As per the expert’s analysis, the company is expecting 13% of revenue growth in the next 5 years of span. As well as the company has a low debt-to-equity ratio of 0.9% with a healthy balance sheet.
Tega Industries Limited Share Price Target 2026: The company has a strong financial ratio and healthy balance sheet which can help to improve its share performances, also the current market conditions favor Tega Industries, so you can see ever-increasing returns from this company. The share price Target of Tega Industries Limited by 2026 is INR 1060 and the second highest target is INR 1070.
|Tega Industries Share Price First Target 2026||Rs.1060|
|Tega Industries Share Price Second Target 2026||Rs.1070|
Tega Industries Limited Share Price Target 2030
Tega Industries Shares can able to show a good performance in the long run because the company works as a specialized product in mining and minerals beneficiation and bulk material handling. The Indian and global energy market always keeps raising but in the upcoming it moving towards green energy which makes demand in cooper.
So, there is always demand for mining and minerals products, so you can see an ever-green market in the heavy machinery sector globally. The Indian market for Heavy machinery is expected growth by 19% in the next 5-7 years.
Tega Industries Limited Share Price Target 2030: The company shares have the potential to gave multi-bagger in the future, as per the market demand you can see great opportunities in the future. So you can see the share price target of Tega Industries Limited by 2030 is expected between INR 1230 and the second price is Rs. 1250.
|Tega Industries Share Price First Target 2030||Rs.1230|
|Tega Industries Share Price Second Target 2030||Rs.1250|
Tega Industries Limited Business Fundamentals
Tega Industries Limited is an Indian-based manufacturing company that specially deals with mining, mineral beneficiation, and material handling. The company has a wide range of products like rubber and polyurethane screening media, wear liners, conveyor components, and grinding media.
The company has a global presence with manufacturing facilities in India, South Africa, Australia, Chile, and Canada. The company has collaborated with international mining companies for research institutions to develop innovative and latest products.
Future Of Tega Industries
Tega Industries has a wider range of products and business segments which can give stable revenue growth in the future. As well as the company has a global presence, it doesn’t depend on the domestic markets.
As per the technical analysis of Tega Industries revenue and earnings growth is 17.5, and 13.4% annually, and its ROE and EPS are expected to grow up to 19% and 17% per year respectively. So, the company’s financial fundamentals are strong.
Shareholding Pattern Of Tega Industries
|No Of Shares||100. %|
|Foreign Institutions||2.46 %|
|N Banks Mutual Funds||11.63 %|
|General Public||5.85 %|
|Financial Institutions||0.04 %|
Tega Industries Share Price Target 2023, 2024, 2025, 2026, 2030
|Years||First Target||Second Target|
|Tega Industries Share Price Target 2021||Rs. 590||Rs. 600|
|Tega Industries Share Price Target 2022||Rs. 570||Rs. 580|
|Tega Industries Share Price Target 2023||Rs. 550||Rs. 700|
|Tega Industries Share Price Target 2024||Rs. 750||Rs. 800|
|Tega Industries Share Price Target 2025||Rs. 850||Rs. 870|
|Tega Industries Share Price Target 2026||Rs. 900||Rs. 950|
|Tega Industries Share Price Target 2030||Rs. 1100||Rs. 1200|
Tega Industries Limited is the leading manufacturer of Heavy Machineries in the Mining industry, also it has a wide range of products and a global market presence. As well as the company has strong financial fundamentals which give more edge on its future share performance.
As per the business and financial aspects, Tega Industries is a very strong company in the stock market, if you want to invest in the long run you can see a great outfit from Tega Industries. Hope you like this article Tega Industries Share Price Target 2023, 2024, 2025, 2026, and 2030 share with your friends.
This article is only for education purposes, and the target value mentioned here is for reference only. We are not SEBI-registered financial advisors, before investing make sure to analyze the current market conditions and seek advice from your financial advisor.
Tega Industries Share Price Target?
As per the technical analysis, the expected Share Price target of Tega Industries is 17.5% per annum.
Tega Industries Share Price Tomorrow?
The target value is INR 702.89, and you can check the updated share value here.
Tega Industries share price 2025?
The target share price of Tega Industries is INR 940-950.
What is the dividend of Tega Shares?
The dividend of Tega Industries is yet to be published
What is the share price target of Tega Industries in 2025?
As per the technical analysis of Tega Industries, the expected share price in 2025 is Rs. 850-870.