Morarjee Textiles Ltd is a well-known Indian company specializing in premium fabrics and garments. With a rich history in the textile industry, the company focuses on producing high-quality cotton shirting and printed fabrics, catering to domestic and international markets. Morarjee Textiles is recognized for its innovation, sustainable practices, and advanced manufacturing processes. Morarjee Textiles Share Price on NSE as of 27 November 2024 is 8.92 INR. Here will provide you more details on Morarjee Textiles Share Price Target 2024, 2025, 2026 to 2030.
Morarjee Textiles Ltd: Market Overview
- Open Price: ₹8.55
- High Price: ₹9.30
- Low Price: ₹8.55
- Previous Close: ₹8.87
- Volume: 8,036
- Value (Lacs): ₹0.74
- VWAP: ₹9.18
- UC Limit: ₹9.31
- LC Limit: ₹8.42
- P/E ratio: N/A
- Div yield: N/A
- 52-wk high: ₹32.80
- 52-wk low: ₹8.55
- Mkt cap: ₹31.37Cr
- Face Value: ₹7
Morarjee Textiles Share Price Chart
Morarjee Textiles Share Price Target Tomorrow 2024 To 2030
| Morarjee Textiles Share Price Target Years | Share Price Target |
| 202$ | ₹33 |
| 2025 | ₹45 |
| 2026 | ₹55 |
| 2027 | ₹65 |
| 2028 | ₹75 |
| 2029 | ₹85 |
| 2030 | ₹95 |
Morarjee Textiles Share Price Target 2024
Morarjee Textiles share price target 2024 Expected target could be ₹33. Here are four key factors affecting the growth of Morarjee Textiles Ltd share price target for 2024:
- Global Demand for Premium Fabrics
Rising demand for high-quality shirting and printed fabrics in international markets could boost exports and revenue growth. - Domestic Market Expansion
Increasing focus on the Indian fashion and apparel sector, supported by growing consumer spending on branded clothing, can drive domestic sales. - Technological Advancements in Manufacturing
Adoption of advanced textile manufacturing technologies and sustainable practices can enhance efficiency, reduce costs, and attract environmentally conscious customers. -
Strategic Partnerships and Clients
Collaborations with global fashion brands and expanding the client portfolio could provide steady revenue streams and enhance the company’s market reputation.
Morarjee Textiles Share Price Target 2025
Morarjee Textiles share price target 2025 Expected target could be ₹45. Here are four key factors affecting the growth of Morarjee Textiles Ltd share price target for 2025:
- Rising Demand for Sustainable Textiles
With a growing focus on sustainability, Morarjee Textiles’ eco-friendly manufacturing practices and sustainable product offerings could attract more customers globally. - Growth in Indian Apparel Industry
The expanding Indian apparel sector, driven by rising disposable incomes and fashion-conscious consumers, may boost demand for the company’s premium fabrics. - Diversification of Product Portfolio
Introducing new fabric lines and innovative textile products can help capture diverse market segments and enhance revenue growth. -
Expansion in International Markets
Strengthening exports to key global markets, especially Europe and the U.S., could increase the company’s foreign earnings and improve its market position.
Morarjee Textiles Share Price Target 2030
Morarjee Textiles share price target 2030 Expected target could be ₹95. Here are four risks and challenges that could impact Morarjee Textiles Ltd share price target for 2030:
- Raw Material Price Volatility
Fluctuations in cotton and other raw material prices could increase production costs, impacting profit margins and financial stability. - Global Competition
Intense competition from international textile manufacturers, particularly those from low-cost countries, could affect market share and pricing power. - Economic Slowdowns
Global or domestic economic downturns could reduce consumer spending on premium fabrics, affecting sales and revenue growth. -
Technological and Sustainability Challenges
Failure to adopt advanced textile technologies or meet evolving sustainability standards may hinder the company’s competitiveness in an environmentally conscious market.
Shareholding Pattern For Morarjee Textiles Ltd
- Promoters: 59.71%
- Retail and Others: 36.27%
- DII: 4.01%
Morarjee Textiles Ltd Financials
| (INR) | 2024 | Y/Y change |
| Revenue | 328.30M | -84.13% |
| Operating expense | 500.10M | -32.30% |
| Net income | -2.01B | -8.64% |
| Net profit margin | -613.10 | -584.57% |
| Earnings per share | — | — |
| EBITDA | -223.90M | 57.12% |
| Effective tax rate | -0.36% | — |
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