Munjal Showa Share Price Target Tomorrow 2024 To 2030- Prediction, Market Overview

Munjal Showa Ltd is a leading manufacturer of automotive components in India, specializing in shock absorbers and struts for two-wheelers, four-wheelers, and other vehicles. Established in collaboration with Showa Corporation of Japan, the company is known for its high-quality products that cater to major automobile manufacturers like Hero MotoCorp, Maruti Suzuki, and Honda. Munjal Showa Share Price on NSE as of 6 December 2024 is 154.40 INR. Here will provide you more details on Munjal Showa Share Price Target 2024, 2025, 2026 to 2030.

Munjal Showa Ltd: Market Overview

• Open Price: ₹156.36
• High Price: ₹158.00
• Low Price: ₹153.02
• Previous Close: ₹156.35
• Volume: 36,505
• Value (Lacs): ₹56.36
• VWAP: ₹156.13
• UC Limit: ₹187.62
• LC Limit: ₹125.08
• P/E ratio: 20.28
• Div yield: 2.92%
• 52-wk high: ₹211.90
• 52-wk low: ₹131.30
• Mkt cap: ₹616.60Cr
• Face Value: ₹2

Munjal Showa Ltd Competitors

As of December 4, 2024, Munjal Showa Ltd has a market capitalization of approximately ₹606 crore. Here are four competitors in the automotive components industry, along with their market capitalizations:

1. Minda Corporation Ltd: A leading manufacturer of automotive components, with a market capitalization of around ₹11,857 crore.
2. Lumax Auto Technologies Ltd: Specializes in automotive lighting and signaling systems, with a market capitalization of approximately ₹3,551 crore.
3. Jupiter Wagons Ltd: Engaged in manufacturing railway wagons and other engineering products, with a market capitalization of about ₹20,044 crore.

4. Munjal Auto Industries Ltd: Focuses on manufacturing automotive components, with a market capitalization of around ₹1,100 crore.

Munjal Showa Share Price Chart

Munjal Showa Share Price Target Tomorrow 2024 To 2030

Munjal Showa Share Price Target 2024

Munjal Showa share price target 2024 Expected target could be 220. Here are four key factors that could affect the growth of Munjal Showa share price target for 2024:

• Rising Demand for EV Components: As the automotive industry shifts toward electric vehicles (EVs), Munjal Showa’s ability to cater to this segment with advanced suspension systems will drive its growth potential.
• Government Policies and Incentives: Supportive policies like “Make in India” and subsidies for the automobile sector could boost production and demand for auto components, positively affecting the company’s performance.
• Global Expansion Opportunities: Exploring international markets for exports, especially in regions experiencing high vehicle demand, could provide significant growth avenues for the company.

• Operational Efficiency Improvements: Initiatives to optimize manufacturing processes, reduce costs, and enhance product quality can strengthen profitability and investor confidence.

Munjal Showa Share Price Target 2025

Munjal Showa share price target 2025 Expected target could be 220. Here are four key factors that could affect the growth of Munjal Showa share price target for 2025:

• Adoption of Advanced Technologies: Munjal Showa’s investment in R&D to develop innovative and efficient suspension systems tailored to evolving vehicle designs can enhance its market competitiveness.
• Expansion in the EV Market: As the EV industry grows, the company’s ability to supply suspension systems specifically designed for electric vehicles can significantly boost revenues.
• Partnerships with Leading OEMs: Strengthening relationships and securing long-term contracts with original equipment manufacturers (OEMs) in both domestic and global markets can support steady growth.

• Domestic Automotive Growth: An increase in automobile sales in India, driven by rising disposable incomes and urbanization, will likely create more demand for Munjal Showa’s products, fostering revenue growth.

Munjal Showa Share Price Target 2030

Munjal Showa share price target 2030 Expected target could be 220. Here are four risks and challenges that could impact Munjal Showa share price target for 2030:

• Dependency on OEMs: A significant portion of Munjal Showa’s revenue depends on large original equipment manufacturers (OEMs). Any slowdown in OEM demand or a shift to alternate suppliers could impact its growth.
• Technological Disruption: Rapid advancements in suspension technology or alternative systems may require significant investment to stay competitive, posing a challenge to profitability.
• Market Competition: Intense competition from global and domestic players offering innovative and cost-effective solutions could pressure margins and market share.

• Regulatory and Environmental Norms: Stricter regulations related to sustainability and emission standards may increase production costs and require operational changes, affecting the company’s financial performance.

Munjal Showa Ltd Shareholding Pattern

• Promoters: 65%
• Retail and Others: 33.15%
• FII: 1.83%
• Mutual Funds: 0.01%

Munjal Showa Ltd Financials

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