Phoenix Overseas Ltd is an Indian company primarily engaged in trading textiles and other goods. The company focuses on sourcing, distributing, and exporting high-quality fabrics, garments, and textile products to international markets. With a commitment to delivering reliable and timely services, Phoenix Overseas has built a reputation for catering to the needs of global customers. Phoenix Overseas Share Price on NSE as of 10 October 2024 is 43.85 INR. Here are more details on Phoenix Overseas Share Price Target 2024, 2025, 2026 to 2030.
Phoenix Overseas Ltd: Market Overview
- Open Price: ₹44.80
- High Price: ₹45.75
- Low Price: ₹43.00
- Previous Close: ₹43.60
- Volume: 468,000
- Value (Lacs): ₹205.22
- VWAP: ₹44.80
- UC Limit: ₹45.75
- LC Limit: ₹41.45
- 52 Week High: ₹64.00
- 52 Week Low: ₹42.60
- Mkt Cap: ₹84 Cr
- Face Value: ₹10
Phoenix Overseas Share Price Chart
Phoenix Overseas Share Price Target Tomorrow 2024 To 2030 (Prediction)
Phoenix Overseas Share Price Target Years | Share Price Target |
2024 | ₹60 |
2025 | ₹102 |
2026 | ₹165 |
2027 | ₹205 |
2028 | ₹270 |
2029 | ₹320 |
2030 | ₹380 |
Phoenix Overseas Share Price Target 2024
Phoenix Overseas share price target 2024 Expected target could be ₹60. Here are four key factors that could affect Phoenix Overseas’ share price target in 2024:
- Global Demand for Textiles:
- As Phoenix Overseas is primarily involved in textile trading, changes in global demand for textiles will play a significant role. An increase in demand from key markets like Europe and the U.S. could positively impact the company’s revenue and share price.
- Raw Material Costs:
- Fluctuations in the prices of raw materials, such as cotton and synthetic fibers, can affect production costs. Rising raw material costs without the ability to pass them on to customers may squeeze profit margins and influence the company’s share price.
- Export Market Dynamics:
- Phoenix Overseas relies on exports, making it vulnerable to global trade conditions. Currency fluctuations, trade policies, and tariffs in the countries where it operates could directly impact its financial performance and share price in 2024.
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Operational Efficiency and Expansion:
- Improving operational efficiency, reducing costs, and expanding into new markets or product segments could drive growth for Phoenix Overseas. Successful diversification and better supply chain management can enhance profitability and boost its share price in 2024.
Phoenix Overseas Share Price Target 2025
Phoenix Overseas share price target 2025 Expected target could be ₹102. Here are four key factors that could affect Phoenix Overseas’ share price target in 2025:
- Expansion into New Markets:
- Phoenix Overseas’ ability to enter new geographical markets or diversify its product offerings will be essential for growth. Expanding its presence in emerging markets could lead to increased revenues, boosting the company’s share price.
- Global Trade Policies:
- Changes in international trade policies, including tariffs, trade agreements, or export regulations, can impact Phoenix Overseas’ ability to trade globally. Favorable trade policies may help the company expand, while restrictive measures could pose challenges and affect its share price.
- Innovation and Product Development:
- Investing in innovative textile products, sustainable materials, or technology-driven solutions can help Phoenix Overseas stand out in a competitive market. Developing new products that cater to changing consumer demands could positively impact its growth and share price.
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Supply Chain Management:
- Efficient supply chain management will be crucial to maintaining cost competitiveness and meeting global demand. Any disruptions in the supply chain, such as delays or increased costs, may affect the company’s profitability and, in turn, influence its share price in 2025.
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