Tamilnadu Petroproducts Ltd (TPL) is an Indian company that manufactures petrochemical products used in various industries. Established in 1984, TPL produces key chemicals such as linear alkyl Benzoate (LAB), which is widely used in detergents, and caustic soda, which is used in textiles, paper, and water treatment. The company focuses on delivering high-quality products while maintaining environmental sustainability. Tn Petro Share Price on NSE as of 22 November 2024 is 78.00 INR. Here are more details on Tn Petro Share Price Target 2024, 2025, 2026 to 2030.
Tamilnadu Petroproducts Ltd: Market Overview
- Open Price: ₹76.81
- High Price: ₹78.50
- Low Price: ₹76.10
- Previous Close: ₹76.81
- Volume: 119,799
- Value (Lacs): ₹93.47
- VWAP: ₹77.08
- UC Limit: ₹92.17
- LC Limit: ₹61.44
- P/E ratio: 19.24
- Div yield: 1.54%
- 52-wk high: ₹114.00
- 52-wk low: ₹75.60
- Mkt cap: ₹709.90Cr
- Face Value: ₹10
Tn Petro Share Price Chart
Tn Petro Share Price Target Tomorrow 2024 To 2030
Tn Petro Share Price Target Years | Share Price Target |
2024 | ₹115 |
2025 | ₹130 |
2026 | ₹145 |
2027 | ₹160 |
2028 | ₹175 |
2029 | ₹200 |
2030 | ₹225 |
Tn Petro Share Price Target 2024
Tn Petro share price target 2024 Expected target could be ₹115. Here are four key factors affecting the growth of Tamilnadu Petroproducts Ltd (TN Petro) share price target for 2024:
- Demand for Petrochemical Products
Increasing demand for LAB and caustic soda in industries like detergents, textiles, and water treatment will drive revenue growth and positively impact the company’s share price. - Raw Material Cost Volatility
The cost and availability of raw materials like benzene and n-paraffin can influence profit margins. Efficient sourcing and cost management will be crucial for growth. - Environmental Regulations
Compliance with stricter environmental norms may increase operational costs and enhance TPL’s reputation as a sustainable producer, attracting responsible investors. -
Industrial Growth in Key Sectors
Expansion in FMCG, textiles, and paper industries will boost demand for TPL’s products, supporting its financial performance and share price appreciation.
Tn Petro Share Price Target 2025
Tn Petro share price target 2025 Expected target could be ₹130. Here are four key factors affecting the growth of Tamilnadu Petroproducts Ltd (TN Petro) share price target for 2025:
- Expansion in Product Applications
Increasing the use of TPL’s products, such as LAB and caustic soda, across diverse industries like FMCG, agriculture, and chemicals will drive revenue growth and broaden market opportunities. - Capacity Expansion Projects
Investments in enhancing production capacity or modernizing facilities can boost output, meet growing demand, and improve operational efficiency, positively impacting share performance. - Global Petrochemical Market Trends
Favorable trends in the global petrochemical industry, such as rising exports and better pricing power, can strengthen TPL’s profitability and stock value. -
Technological Advancements
Adopting innovative technologies to optimize production, reduce costs, and comply with environmental standards will enhance competitiveness and support sustainable growth.
Tn Petro Share Price Target 2030
Tn Petro share price target 2030 Expected target could be ₹225. Here are four key risks and challenges that could impact Tamilnadu Petroproducts Ltd (TN Petro) share price target for 2030:
- Raw Material Price Volatility
Fluctuations in the prices and availability of raw materials like benzene and n-paraffin could affect production costs and profit margins, creating financial uncertainty. - Environmental Regulations
Stricter global and local environmental laws may increase compliance costs or require significant investments in sustainable technologies, potentially impacting profitability. - Competition in the Petrochemical Industry
Intense competition from both domestic and international players could pressure TPL’s market share and pricing power, making growth more challenging. -
Economic and Geopolitical Risks
Global economic slowdowns, trade restrictions, or geopolitical tensions could disrupt operations, supply chains, and export opportunities, affecting long-term growth.
Shareholding Pattern For Tamilnadu Petroproducts Ltd
- Promoters: 34.54%
- FII: 5.85%
- DII: 0.03%
- Public: 59.58%
Tamilnadu Petroproducts Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 16.69B | -22.40% |
Operating expense | 6.06B | -19.48% |
Net income | 500.64M | -46.84% |
Net profit margin | 3.00 | -31.51% |
Earnings per share | — | — |
EBITDA | 759.29M | -41.19% |
Effective tax rate | 22.78% | — |
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