LT Foods Share Price Target Tomorrow 2024 To 2030- Market Overview, Prediction

LT Foods Ltd is an Indian company known for its high-quality rice products, particularly basmati rice. Founded in 1990, it has grown to become a significant player in the food industry. The company focuses on processing, packaging, and exporting rice and other food items, catering to both domestic and international markets. LT Foods operates several well-known brands, such as Daaawat and Royal. LT Foods Share Price on NSE as of 24 October 2024 is 352.00 INR. Here will provide you more details on LT Foods Share Price Target 2024, 2025, 2026 to 2030.

LT Foods Ltd: Market Overview

• Open Price: ₹410.15
• High Price: ₹414.95
• Low Price: ₹343.30
• Previous Close: ₹406.25
• Volume: 4,009,945
• Value (Lacs): ₹14,123.03
• VWAP: ₹371.68
• UC Limit: ₹487.50
• LC Limit: ₹325.00
• P/E ratio: N/A
• Div yield: N/A
• 52-wk high: ₹447.95
• 52-wk low: ₹150.35
• Mkt cap: ₹14.11KCr
• Face Value: ₹1

LT Foods Ltd Competitors

Here are five competitor companies of LT Foods Ltd along with their approximate market capitalizations:

1. Patanjali Ayurved Ltd
   • Market Capitalization: Not publicly listed (but estimated at around ₹25,000 crores in valuation)
2. Kellogg India Pvt Ltd
   • Market Capitalization: Part of Kellogg Company (NYSE: K), which has a market cap of around $23 billion (~₹1,90,000 crores)
3. Basmati Rice Co. (Tilda)
   • Market Capitalization: Part of the larger Tilda Group, which is privately held
4. Agro Tech Foods Ltd
   • Market Capitalization: Approximately ₹1,300 crores

5. Dabur India Ltd

   • Market Capitalization: Approximately ₹1,00,000 crores

LT Foods Share Price Chart

LT Foods Share Price Target Tomorrow 2024 To 2030

LT Foods Share Price Target 2024

LT Foods share price target 2024 Expected target could be ₹445. Here are three key factors affecting the growth of LT Foods Ltd for its share price target in 2024:

• Demand for Basmati Rice: The global demand for basmati rice is a significant driver of growth for LT Foods. As consumer preferences shift towards premium quality and healthier food options, the company can benefit from increased sales both in domestic and international markets.
• Expansion of Product Line: LT Foods is diversifying its product offerings by introducing organic and health-focused food items. This expansion can attract new customers and meet the growing trend of health consciousness among consumers, positively impacting sales and profitability.

• Sustainability Practices: The company’s commitment to sustainable farming and production practices can enhance its brand image and attract environmentally conscious consumers. Implementing eco-friendly practices can also lead to cost savings and operational efficiencies, supporting overall growth in revenue and share price.

LT Foods Share Price Target 2025

LT Foods share price target 2025 Expected target could be ₹723. Here are three key factors affecting the growth of LT Foods Ltd for its share price target in 2025:

• Market Expansion Strategies: LT Foods is focusing on expanding its market presence, especially in international markets. Successfully entering new regions and increasing export volumes can significantly enhance revenue growth and investor confidence.
• Technological Advancements: The adoption of advanced processing and packaging technologies can improve efficiency and product quality. Investments in technology can help LT Foods reduce costs and increase production capacity, which is crucial for meeting growing consumer demand.

• Consumer Trends and Preferences: As consumers become more health-conscious, there is a rising demand for organic and nutritious food products. LT Foods’ ability to innovate and align its product offerings with these trends will be vital for capturing market share and driving growth in sales and share price.

LT Foods Share Price Target 2030

LT Foods share price target 2030 Expected target could be ₹2036. Here are three risks and challenges that may affect the share price target of LT Foods Ltd by 2030:

• Fluctuations in Raw Material Prices: LT Foods relies heavily on agricultural products like rice and other grains. Price volatility in these raw materials, due to factors such as weather conditions, global supply chain disruptions, or changes in government policies, could impact profit margins and overall financial performance.
• Intense Competition: The food processing industry is highly competitive, with many players offering similar products. Increased competition can lead to price wars and reduced market share for LT Foods. Maintaining a strong brand presence and differentiating products will be crucial to staying ahead.

• Regulatory Challenges: The food industry is subject to various regulations related to food safety, quality standards, and labeling requirements. Changes in regulations or compliance issues can lead to increased operational costs or even legal challenges, potentially impacting the company’s reputation and financial stability.

LT Foods Ltd Shareholding Pattern

• Promoter: 51%
• Retail and Other: 35.19%
• FII: 8.04%
• Mutual Funds: 4.65%
• DII: 1.11%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.ltgroup.in/

LT Foods Ltd Financials

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