Wonder Electricals Share Price Target Tomorrow 2024 To 2030- Market Overview, Financials

Wonder Electricals Ltd is a growing player in the electrical equipment industry, specializing in the production and supply of high-quality electrical products such as wires, cables, and industrial components. Known for its reliable solutions, the company caters to diverse sectors, including residential, commercial, and industrial markets. Wonder Electricals Ltd focuses on innovation and maintaining safety standards, ensuring customer trust and satisfaction. Wonder Electricals Share Price on NSE as of 9 December 2024 is 162.95 INR. Here will provide you more details on Wonder Electricals Share Price Target 2024, 2025, 2026 to 2030.

Wonder Electricals Ltd: Market Overview

• Open Price: ₹160.00
• High Price: ₹167.80
• Low Price: ₹156.50
• Previous Close: ₹158.44
• Volume: 653,232
• Value (Lacs): ₹1,061.76
• VWAP: ₹163.37
• UC Limit: ₹190.12
• LC Limit: ₹126.75
• P/E ratio: 182.17
• Div yield: 0.12%
• 52-wk high: ₹168.00
• 52-wk low: ₹26.34
• Mkt cap: ₹2.14KCr
• Face Value: ₹1

Wonder Electricals Ltd Competitors

As of December 4, 2024, Wonder Electricals Ltd has a market capitalization of approximately ₹2,197 crore. Here are four competitors in the electrical equipment industry, along with their market capitalizations:

1. HPL Electric & Power Ltd: A leading manufacturer of electrical equipment, with a market capitalization of around ₹3,500 crore.
2. Orient Electric Ltd: Specializes in electrical consumer durables, with a market capitalization of approximately ₹4,000 crore.
3. IFB Industries Ltd: Engaged in manufacturing home appliances and electrical products, with a market capitalization of about ₹7,500 crore.

4. Elin Electronics Ltd: Provides electronic manufacturing services, with a market capitalization of around ₹2,500 crore.

Wonder Electricals Share Price Chart

Wonder Electricals Share Price Target Tomorrow 2024 To 2030

Wonder Electricals Share Price Target 2024

Wonder Electricals share price target 2024 Expected target could be ₹170. Here are four key factors that could affect the growth of Wonder Electricals share price target for 2024:

• Increased Demand for Electrical Products: Growing urbanization and infrastructure development are driving demand for electrical equipment, positively influencing the company’s revenue potential.
• Technological Advancements: Adoption of energy-efficient and innovative electrical solutions could help Wonder Electricals gain a competitive edge in the market.
• Government Policies and Incentives: Supportive government initiatives like the “Make in India” campaign and subsidies for energy-efficient technologies could bolster growth in the electrical industry.

• Export Opportunities: Expansion into global markets and increasing export demand for quality electrical products could enhance the company’s earnings and market position.

Wonder Electricals Share Price Target 2025

Wonder Electricals share price target 2025 Expected target could be ₹290. Here are four key factors that could affect the growth of Wonder Electricals share price target for 2025:

• Expansion in Renewable Energy Solutions: Increasing focus on renewable energy integration could boost demand for Wonder Electricals’ products, particularly in solar and wind energy sectors.
• Infrastructure Development: Rising investments in smart cities, electrification projects, and industrial growth will likely fuel the demand for electrical equipment and components.
• Focus on R&D and Innovation: Continued investment in research and development to deliver cutting-edge and sustainable electrical solutions can help the company capture larger market shares.

• Strategic Partnerships and Acquisitions: Collaborations with global or domestic players and possible acquisitions could enhance Wonder Electricals’ market presence and operational scale.

Wonder Electricals Share Price Target 2030

Wonder Electricals share price target 2030 Expected target could be ₹850. Here are four risks and challenges that could impact Wonder Electricals share price target for 2030:

• Market Competition: The electrical equipment industry is highly competitive, with both established players and emerging startups, which may impact Wonder Electricals’ market share and pricing power.
• Technological Obsolescence: Rapid advancements in technology may render existing products outdated if the company fails to innovate and adapt to industry trends.
• Raw Material Price Volatility: Fluctuations in the prices of raw materials such as copper, aluminum, and steel could significantly affect profit margins.

• Regulatory and Environmental Compliance: Stricter government regulations and compliance requirements regarding environmental standards could increase operational costs and present challenges for scaling production.

Wonder Electricals Ltd Shareholding Pattern

• Promoters: 71.79%
• FII: 9.1%
• Public: 19.11%

Wonder Electricals Ltd Financials

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