Tunwal E-Motors Ltd is a company that focuses on the production and sale of electric vehicles (EVs), particularly electric scooters and bikes. As a part of India’s growing green energy movement, Tunwal E-Motors aims to provide eco-friendly, cost-efficient, and sustainable transportation solutions. The company is investing in innovative technology to enhance the performance and affordability of its electric vehicles. Tunwal E-Motors Share Price on NSE as of 20 December 2024 is 46.50 INR. Here will provide you more details on Tunwal E-Motors Share Price Target 2024, 2025, 2026 to 2030.
Tunwal E-Motors Ltd: Market Overview
- Open: ₹48.75
- High: ₹49.10
- Low: ₹46.10
- Previous Close: ₹48.00
- Volume: 228,000
- Value (Lacs): ₹106.02
- VWAP: ₹47.52
- UC Limit: ₹57.60
- LC Limit: ₹38.40
- 52 Week High: ₹64.00
- 52 Week Low: ₹39.20
- Mkt Cap: ₹257
- Face Value: ₹2
Tunwal E-Motors Share Price Chart
Tunwal E-Motors Share Price Target Tomorrow 2024 To 2030
Tunwal E-Motors Share Price Target Years | Share Price Target |
2024 | ₹64 |
2025 | ₹80 |
2026 | ₹95 |
2027 | ₹110 |
2028 | ₹125 |
2029 | ₹140 |
2030 | ₹255 |
Tunwal E-Motors Share Price Target 2024
Tunwal E-Motors share price target 2024 Expected target could be ₹64. Here are 4 Key Factors Affecting Growth for “Tunwal E-Motors Share Price Target 2024”:
- Government Policies and Incentives: The growth of Tunwal E-Motors is strongly influenced by government policies and incentives promoting electric vehicles (EVs). Subsidies and tax benefits for EV manufacturers and consumers can drive sales and boost market presence.
- Technological Advancements: The company’s ability to invest in and adopt new technologies, such as longer battery life, faster charging, and improved vehicle performance, will play a crucial role in attracting customers and increasing sales in 2024.
- Rising Demand for EVs: As consumers increasingly shift toward eco-friendly and cost-effective transportation options, the growing demand for electric vehicles, driven by environmental awareness and rising fuel costs, can significantly impact the company’s growth trajectory.
-
Competitive Landscape: The EV market is becoming highly competitive with the entry of both established automobile players and new startups. Tunwal’s ability to differentiate its products in terms of price, quality, and after-sales service will be a critical factor in sustaining its growth.
Tunwal E-Motors Share Price Target 2025
Tunwal E-Motors share price target 2025 Expected target could be ₹80. Here are 4 Key Factors Affecting Growth for “Tunwal E-Motors Share Price Target 2025”:
- Expansion into New Markets: In 2025, Tunwal E-Motors’ growth will be influenced by its ability to expand into new regions or international markets. Increased distribution and strategic partnerships could help the company reach a wider customer base, boosting sales and revenue.
- Improved Charging Infrastructure: The growth of electric vehicles depends heavily on the availability of convenient charging stations. As the infrastructure for EVs improves, with both public and private investments in charging networks, Tunwal E-Motors can benefit from this shift, potentially increasing the adoption of its vehicles.
- Consumer Confidence in EV Technology: As consumers become more familiar with EV technology, including long-term reliability, maintenance, and resale value, their confidence in making the switch to electric vehicles will increase. Tunwal’s ability to offer vehicles that meet these consumer expectations will directly impact its growth in 2025.
-
Sustainability and Environmental Initiatives: As the world continues to focus on sustainability and reducing carbon emissions, Tunwal’s commitment to environmentally friendly products and manufacturing processes could position it as a market leader in the green mobility space. Consumers are increasingly choosing companies that align with their environmental values, which can positively affect the company’s growth.
Tunwal E-Motors Share Price Target 2030
Tunwal E-Motors share price target 2030 Expected target could be ₹255. Here are 4 Risks and Challenges for “Tunwal E-Motors Share Price Target 2030”:
- Regulatory and Policy Changes: As government policies on electric vehicles (EVs) evolve, changes in regulations, subsidies, or taxes could impact Tunwal E-Motors. Uncertainty about future policy changes can affect the company’s ability to plan and invest for the long term, posing a risk to its growth.
- Technological Advancements and Competition: The EV industry is rapidly evolving with new technological innovations, from battery improvements to autonomous driving features. Tunwal E-Motors faces the challenge of keeping up with these advancements while competing against other established and emerging EV manufacturers.
- Supply Chain Disruptions: The global supply chain for raw materials, particularly for key components like lithium and other battery materials, is volatile. Any disruptions in the supply chain could impact production schedules, increase costs, and affect profitability.
-
Consumer Adoption and Market Demand: Despite the growth of the electric vehicle market, widespread consumer adoption could still face obstacles such as affordability, limited charging infrastructure, and resistance to change from traditional vehicles. A slower-than-expected adoption rate could limit Tunwal E-Motors’ market share and growth potential in the long term.
Tunwal E-Motors Ltd Shareholding Pattern
- Promoters: 62.34%
- Retail and Others: 37.64%
- FII: 0.02%
Read Also:- Rana Sugar Share Price Target Tomorrow 2024 To 2030- Market Overview, Financials