Delton Cables Share Price Target Tomorrow 2024 To 2030- Prediction, Market Overview

Delton Cables Ltd is a prominent manufacturer and supplier of electrical and telecommunication cables in India. Established in 1959, the company has built a strong reputation for producing high-quality cables, wires, and switchgear products. Its offerings cater to various sectors, including power, telecom, and industrial applications. Delton Cables Share Price on NSE as of 1 October 2024 is 625.00 INR. Here are more details on Delton Cables Share Price Target 2024, 2025, 2026 to 2030.

Delton Cables Ltd: Market Overview

• Open Price: ₹644.00
• High Price: ₹645.45
• Low Price: ₹617.10
• Previous Close: ₹614.75
• Volume: 1,693
• Value (Lacs): ₹10.58
• VWAP: 628.93
• UC Limit: ₹656.25
• LC Limit: ₹593.75
• P/E ratio: 32.91
• Div yield: 0.24%
• 52-wk high: ₹737.15
• 52-wk low: ₹123.00
• Mkt cap: ₹540.00Cr
• Face Value: ₹10

Delton Cables Share Price Today Chart

Delton Cables Share Price Target Tomorrow 2024 To 2030

Delton Cables Share Price Target 2024

Delton Cables share price target 2024 Expected target could be ₹655. Here are three key factors that could affect Delton Cables’ share price growth in 2024:

1. Increased Demand in Power and Telecom Sectors: As infrastructure development and telecommunication projects expand in India, the demand for cables and wires is expected to rise. This growth could positively influence Delton Cables’ revenue and boost its share price.
2. Technological Advancements: If Delton Cables invests in innovation and develops advanced, high-performance products, it could strengthen its market position and attract more investors, contributing to share price growth.

3. Expansion into New Markets: Expanding into international markets or diversifying its product range can open new revenue streams, leading to increased investor confidence and a potential rise in its share price.

Delton Cables Share Price Target 2025

Delton Cables share price target 2025 Expected target could be ₹770. Here are three key factors that could influence Delton Cables’ share price growth in 2025:

1. Government Initiatives and Infrastructure Investments: Ongoing and upcoming government projects related to power distribution, electrification, and smart city initiatives could drive higher demand for Delton Cables’ products, potentially boosting its revenue and share price.
2. Strategic Partnerships and Collaborations: If Delton Cables forms alliances with large corporations or enters joint ventures in 2025, it could expand its market reach and enhance its business growth, positively impacting its stock performance.

3. Sustainability and Green Technology: As industries move towards eco-friendly solutions, Delton Cables’ potential shift towards producing sustainable and energy-efficient products could attract environmentally-conscious investors and increase its share value in the market.

Delton Cables Share Price Target 2030

Delton Cables share price target 2030 Expected target could be ₹1385. Here are three potential risks and challenges that could affect Delton Cables’ share price growth by 2030:

1. Market Competition: Intense competition from domestic and international cable manufacturers could pressure Delton Cables’ market share and profitability, potentially slowing down its growth and impacting its share price.
2. Raw Material Price Fluctuations: The cable manufacturing industry highly depends on raw materials like copper and aluminum. Any significant price fluctuations or supply chain disruptions could increase production costs, affecting the company’s margins and share performance.

3. Technological Disruption: Rapid advancements in technology could lead to the development of new, more efficient materials or alternatives to traditional cables. If Delton Cables fails to keep up with these innovations, it could lose its competitive edge, posing a risk to long-term growth and share value.

Shareholding Pattern For Delton Cables Ltd

• Promoter: 73.57%
• Institutions: 0.02%
• Public: 26.4%

Delton Cables Ltd Financials

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