Ddev Plastiks Industries Ltd is a prominent company in the plastics and polymer industry, known for producing high-quality plastic products used in various sectors like packaging, agriculture, and industrial applications. The company focuses on innovation and sustainability, offering eco-friendly solutions that meet modern demands. Ddev Plastiks Share Price on BOM as of 25 December 2024 is 288.60 INR. Here will provide you more details on Ddev Plastiks Share Price Target 2024, 2025, 2026 to 2030.
Ddev Plastiks Industries Ltd: Market Overview
- Open: ₹275.20
- High: ₹291.80
Low: ₹275.20 - Previous Close: ₹275.00
- Volume: ₹61,288
- Value (Lacs): ₹176.88
- VWAP: ₹282.77
- P/E ratio: 15.82
- Div yield: 0.52%
- UC Limit: ₹346.30
- LC Limit: ₹230.90
- 52 Week High: ₹458.50
- 52 Week Low: ₹160.00
- Mkt Cap (Rs. Cr.): ₹2,986Cr
- Face Value: ₹1
Ddev plastiks Share Price Chart
Ddev plastiks Share Price Target Tomorrow 2024 To 2030
Ddev plastiks Share Price Target Years | Share Price Target |
2024 | ₹460 |
2025 | ₹675 |
2026 | ₹880 |
2027 | ₹1090 |
2028 | ₹1320 |
2029 | ₹1540 |
2030 | ₹1750 |
Ddev plastiks Share Price Target 2024
Ddev plastiks share price target 2024 Expected target could be ₹460. Here are four key factors that could affect Ddev Plastiks Industries Ltd’s share price target for 2024:
- Growing Demand for Plastics in Various Sectors: Increased use of plastic products in industries like packaging, agriculture, and construction can drive demand for Ddev Plastiks’ offerings, boosting revenue and supporting share price growth.
- Focus on Sustainable Solutions: Rising global awareness about environmental sustainability can benefit the company if it emphasizes eco-friendly and recyclable plastic products, attracting environmentally conscious customers and investors.
- Expansion into New Markets: Exploring opportunities in untapped domestic and international markets could enhance the company’s customer base and revenue streams, contributing to its financial performance.
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Technological Advancements in Manufacturing: Investing in advanced manufacturing technologies to improve efficiency, reduce production costs, and ensure product quality can strengthen the company’s competitive position and positively impact its stock performance.
Ddev plastiks Share Price Target 2025
Ddev plastiks share price target 2025 Expected target could be ₹675. Here are four key factors that could affect Ddev Plastiks Industries Ltd’s share price target for 2025:
- Rising Demand for Recyclable and Sustainable Plastics: Increasing global emphasis on eco-friendly and recyclable materials presents an opportunity for Ddev Plastiks to innovate and capture a growing segment of environmentally conscious customers.
- Government Initiatives and Regulations: Supportive policies and incentives for sustainable manufacturing in the plastics sector can provide growth opportunities, while meeting regulatory requirements can strengthen the company’s market position.
- Strategic Partnerships and Collaborations: Collaborating with companies in related industries, such as packaging or agriculture, can help Ddev Plastiks expand its product applications, attract new clients, and drive revenue growth.
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Diversification of Product Portfolio: Expanding its product offerings to cater to a wider range of industries and applications can help the company reduce dependence on any single sector, ensuring steady growth and enhancing shareholder confidence.
Ddev plastiks Share Price Target 2030
Ddev plastiks share price target 2030 Expected target could be ₹1750. Here are four risks and challenges that could impact Ddev Plastiks Industries Ltd’s share price target for 2030:
- Environmental Regulations: Stricter global and domestic environmental policies on plastic usage and waste management could increase compliance costs or restrict certain products, posing challenges for the company.
- Volatility in Raw Material Prices: Dependence on petroleum-based raw materials makes the company vulnerable to price fluctuations, which can affect production costs and profit margins over the long term.
- Technological Disruption: Advances in alternative materials or biodegradable solutions could reduce demand for traditional plastic products, compelling the company to adapt or face declining market relevance.
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Intense Market Competition: Growing competition from global and regional players in the plastics industry could lead to pricing pressures, loss of market share, and reduced profitability, impacting its long-term growth.
Shareholding Pattern For Ddev Plastiks Industries Ltd
- Promoters: 75%
- Retail and Others: 24.71%
- DII: 0.26%
- FII: 0.03%
Ddev Plastiks Industries Ltd Financials
(INR) | Sept 2024 | Y/Y change |
Revenue | 5.80B | -9.65% |
Operating expense | 559.93M | 5.04% |
Net income | 447.15M | 5.80% |
Net profit margin | 7.70 | 17.02% |
Earnings per share | — | — |
EBITDA | 636.70M | 5.50% |
Effective tax rate | 25.85% | — |
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