Bharat Gears Share Price Target Tomorrow 2024 To 2030- Market Overview, Financials

Bharat Gears Ltd is a leading manufacturer of automotive gears and components in India, catering to both domestic and international markets. Established in 1971, the company specializes in producing high-quality gearboxes, transmission components, and axles for various industries, including automotive, agriculture, and industrial machinery. Bharat Gears Share Price on NSE as of 2 December 2024 is 98.90 INR. Here will provide you more details on Bharat Gears Share Price Target 2024, 2025, 2026 to 2030.

Bharat Gears Ltd: Market Overview

• Open Price: ₹99.01
• High Price: ₹100.00
• Low Price: ₹97.51
• Previous Close: ₹98.67
• Volume: 13,358
• Value (Lacs): ₹13.23
• VWAP: ₹98.87
• UC Limit: ₹118.40
• LC Limit: ₹78.93
• P/E ratio: 33.69
• Div yield: N/A
• 52-wk high: ₹134.00
• 52-wk low: ₹95.82
• Mkt cap: ₹151.79Cr
• Face Value: ₹10

Bharat Gears Ltd Competitors

Here are four competitors of Bharat Gears Ltd in the automotive components industry, along with their approximate market capitalizations:

1. JTEKT India Ltd: A leading manufacturer of steering systems and bearings, with a market capitalization of around ₹4,391.42 crore.
2. Hi-Tech Gears Ltd: Specializes in manufacturing automotive gears and transmission components, with a market capitalization of approximately ₹1,558.59 crore.
3. ZF Steering Gear (India) Ltd: Engaged in the production of steering gears and related components, with a market capitalization of about ₹1,372.84 crore.

4. RACL Geartech Ltd: Focuses on manufacturing gears and transmission components for the automotive industry, with a market capitalization of around ₹989.16 crore.

Bharat Gears Share Price Chart

Bharat Gears Share Price Target Tomorrow 2024 To 2030

Bharat Gears Share Price Target 2024

Bharat Gears share price target 2024 Expected target could be ₹135. Here are four key factors that could affect the growth of Bharat Gears Ltd share price target for 2024:

• Automotive Sector Demand: Growth in the automotive sector, particularly in commercial vehicles and passenger cars, can drive higher demand for Bharat Gears’ products, positively impacting its revenue and share price.
• Export Market Opportunities: The company’s focus on exporting gears and transmission components to global markets can contribute significantly to its growth, benefiting from favorable trade policies or partnerships.
• Technology Advancements: Investment in advanced manufacturing technologies and R&D can enhance product quality and efficiency, making the company more competitive and improving investor confidence.

• Government Policies: Supportive policies like the PLI (Production-Linked Incentive) scheme for the auto industry and infrastructure development initiatives can create growth opportunities for Bharat Gears.

Bharat Gears Share Price Target 2025

Bharat Gears share price target 2025 Expected target could be ₹170. Here are four key factors that could affect the growth of Bharat Gears Ltd share price target for 2025:

• Expansion in EV Market: As the automotive industry transitions towards electric vehicles (EVs), Bharat Gears can benefit by adapting its products to cater to EV components and drivetrains, tapping into a growing segment.
• Global Market Penetration: Strengthening exports and entering new international markets can provide diversified revenue streams, reducing dependence on domestic demand and boosting growth.
• Strategic Partnerships: Collaborations with major OEMs (Original Equipment Manufacturers) for long-term supply agreements can secure steady orders, enhancing financial stability and share performance.

• Operational Efficiency: Continuous focus on cost optimization, automation, and upgrading manufacturing facilities can improve profit margins and shareholder returns.

Bharat Gears Share Price Target 2030

Bharat Gears share price target 2030 Expected target could be ₹350. Here are four risks and challenges that could impact Bharat Gears Ltd share price target for 2030:

• Transition to EVs: A slower-than-expected adaptation to the electric vehicle (EV) ecosystem may pose a risk, as traditional gear systems used in internal combustion engine (ICE) vehicles could see reduced demand.
• Market Competition: Increasing competition from global and domestic players in the automotive components industry could pressure margins and limit market share growth.
• Raw Material Volatility: Fluctuations in steel and other raw material prices can impact production costs and profitability, particularly if the company cannot pass on these costs to customers.

• Economic Cyclicality: The automotive sector is highly cyclical and sensitive to economic downturns, which could reduce demand for new vehicles and, in turn, components like gears.

Bharat Gears Ltd Shareholding Pattern

• Promoters: 55.32%
• Retail and Others: 43.40%
• FII: 1.25%
• DII: 0.03%

Bharat Gears Ltd Financials

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