Deep Polymers Ltd is an Indian company that specializes in manufacturing a range of polymer products. They focus on producing high-quality plastic products used in various industries, such as packaging, automotive, and construction. Known for its commitment to quality and innovation, Deep Polymers strives to meet the evolving needs of the market by offering a diverse array of products. The company has earned a reputation for its customer-centric approach and aims to expand its presence by adapting to industry trends and improving production capabilities. Deep Polymers Share Price on BOM as of 16 December 2024 is 69.55 INR. Here will provide you more details on Deep Polymers Share Price Target 2024, 2025, 2026 to 2030.
Deep Polymers Ltd: Market Overview
- Open Price: ₹70.44
- High Price: ₹71.40
- Low Price: ₹68.50
- Previous Close: 70.04
- Volume: 10,210
- Value (Lacs): ₹7.10
- VWAP: ₹69.71
- P/E ratio: 22.38
- UC Limit: ₹83.42
- LC Limit: ₹55.62
- 52 Week High: ₹119.50
- 52 Week Low: ₹68.00
- Mkt Cap: ₹168Cr
- Face Value: ₹10
Deep Polymers Ltd Competitors
As of December 13, 2024, Deep Polymers Ltd has a market capitalization of approximately ₹169 crore. In comparison, here are five peer companies in the Indian polymer industry:
- Xpro India Ltd: Market cap of ₹3,408 crore.
- Panama Petrochem Ltd: Market cap of ₹2,389 crore.
- Agarwal Industrial Corporation Ltd: Market cap of ₹1,873 crore.
- IG Petrochemicals Ltd: Market cap of ₹1,867 crore.
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Manali Petrochemicals Ltd: Market cap of ₹1,153 crore.
Deep Polymers Share Price Chart
Deep Polymers Share Price Target Tomorrow 2024 To 2030
Deep Polymers Share Price Target Years | Share Price Target |
2024 | ₹120 |
2025 | ₹140 |
2026 | ₹160 |
2027 | ₹180 |
2028 | ₹200 |
2029 | ₹220 |
2030 | ₹240 |
Deep Polymers Share Price Target 2024
Deep Polymers share price target 2024 Expected target could be ₹120. Here are 4 key factors affecting growth for “Deep Polymers Ltd Share Price Target 2024”:
- Raw Material Prices and Supply Chain: The cost and availability of raw materials like plastic resins and chemicals impact Deep Polymers’ production costs and margins. Any fluctuation in prices or supply chain disruptions can affect profitability and, in turn, share price growth.
- Demand from End-Use Industries: Deep Polymers serves industries like automotive, packaging, and consumer goods. The demand from these sectors, especially in the post-pandemic recovery phase, will influence the company’s revenue and growth outlook for 2024.
- Technological Advancements: Adoption of new manufacturing technologies, such as sustainable and eco-friendly polymer solutions, can give Deep Polymers a competitive edge. Innovation and staying ahead of industry trends can improve market position and increase investor confidence.
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Market Expansion and Export Opportunities: The company’s ability to expand its presence in both domestic and international markets will be crucial. Increased export activity, particularly to emerging markets, can drive revenue growth and positively impact share price projections for 2024.
Deep Polymers Share Price Target 2025
Deep Polymers share price target 2025 Expected target could be ₹140. Here are 4 key factors affecting growth for “Deep Polymers Ltd Share Price Target 2025”:
- Sustainability Initiatives: As global demand for eco-friendly and biodegradable products increases, Deep Polymers’ investment in sustainable and green polymer solutions could drive growth. Adapting to environmental regulations and consumer preferences for sustainable products may positively impact its market position by 2025.
- Capacity Expansion and New Product Lines: The company’s ability to expand production capacity and diversify its product offerings will be vital for growth. Introducing new polymer products, especially in high-demand sectors like healthcare or electronics, could open up new revenue streams.
- Global Economic and Trade Conditions: The global economy and trade relations will play a significant role in Deep Polymers’ growth. Stable international trade agreements and favorable economic conditions can boost demand, while global uncertainties or tariffs could pose challenges.
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Technological Innovations and R&D: Continued investment in research and development (R&D) to improve product quality, enhance manufacturing efficiency, and explore new applications for polymers will be critical for long-term growth. Staying at the forefront of technological advancements will help the company meet evolving industry demands.
Deep Polymers Share Price Target 2030
Deep Polymers share price target 2030 Expected target could be ₹240. Here are 4 risks and challenges for “Deep Polymers Ltd Share Price Target 2030”:
- Raw Material Price Fluctuations: The cost of raw materials used in polymer production can be volatile. Significant price increases in essential inputs, such as petroleum-based products, can affect profit margins and lead to higher production costs, potentially impacting the company’s financial stability.
- Regulatory Changes and Compliance: Stringent environmental regulations, especially those related to plastic and polymer waste management, could impact Deep Polymers’ operations. Compliance with evolving global sustainability standards and potential bans on certain products could create operational and financial challenges.
- Intense Competition: The polymer industry is highly competitive, with numerous players offering similar products. New entrants or stronger competitors, especially those with advanced technologies or lower-cost production methods, could pose a threat to Deep Polymers’ market share and pricing power.
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Economic Downturns: Economic slowdowns or recessions, both globally and domestically, can reduce demand for polymer products in key sectors like automotive, construction, and consumer goods. A prolonged economic downturn could affect revenue growth, impacting the company’s stock price in the long term.
Deep Polymers Ltd Shareholding Pattern
- Promoters: 84.59%
- FII: 0.03%
- Public: 35.37%
Deep Polymers Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 1.05B | -12.60% |
Operating expense | 134.23M | -11.11% |
Net income | 71.41M | -24.32% |
Net profit margin | 6.78 | -13.41% |
Earnings per share | — | — |
EBITDA | 129.85M | -20.41% |
Effective tax rate | 13.23% | — |
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