Axita Share Price Target Tomorrow 2024 To 2030 –Â Axita Ltd., a company associated with the manufacturing, exporting and trading of cotton, was incorporated in 2013. The company is owned by Nitinbhai Govindbhai Patel. Its office is registered in Kadi, Mahesana, Gujarat. It produces cotton bales, cotton yarn, organic yarn and BCI cotton.Â
It has its trade in countries like India, Bangladesh, Pakistan, Vietnam, China, Indonesia and Thailand.
Axita Share Price Current Market Overview
- Today’s open: 22.34
- Today’s high: 22.51
- Today’s low: 21.78
- Current Share Price: 22.22
- Market Capital: 759.79 Cr
- P/E : 31.97
- Dividend Yield: – 0.80%
- 52 Week high: 26.55
- 52 Week low: 14.51
Axita Share Price Target Current Graph
Axita Cotton Share Price Target Tomorrow From 2024 To 2030
The table below shows the share target price for upcoming years. The data is based on factors like market valuation, industrial trends and experts’ predictions:
SR. NO. | Share Price Target Years | Share Target Value (in Rs.) |
1. | 2024 | 28.05 |
2. | 2025 | 34.80 |
3. | 2026 | 40.35 |
4. | 2027 | 48.50 |
5. | 2028 | 52.85 |
6. | 2029 | 55.35 |
7. | 2030 | 60.45 |
Shareholding Pattern For Axita Share Price
The shareholding sample of Axita Cotton Ltd. indicates a diverse ownership as follows:
- Promoters: 62.77 %
- Retail and Others: 36.76 %
- Foreign Institutions: 0.47%
Axita Share Price Annual Income Statement
The annual income statement of Axita Share Price is as follows-Â
Axita Share Price of the above chart is as follows-
INR | 2024 | Y/Y Change |
Revenue | 1.55B | 132.01%(-) |
Operating expense | 44.01M | 31.48%(+) |
Net income | 33.80M | 41.19%(-) |
Net profit margin | 2.18 | 13.49%(-) |
Earnings per share | N/A | N/A |
EBITDA | 56.10M | 29.85%(-) |
Effective tax rate | 29.26% | N/A |
Risk In Axita Share PriceÂ
Even if the company could potentially see a big leap in the future, there is also a chance that the value could decrease. The reason behind this may be a competitive market where new companies are entering the market on a daily basis.