Igarashi Motors India Ltd is a company specializing in the manufacturing of electric motors, primarily used in automotive applications. Known for producing small, high-performance motors, the company supplies components for systems like power windows, seat adjustments, and engine cooling in vehicles. Igarashi Motors’ Share Price on NSE as of 6 November 2024 is 784.90 INR. Here are more details on Igarashi Motors’ Share Price Targets for 2024, 2025, 2026, and 2030.
Igarashi Motors India Ltd: Market Overview
- Open Price: ₹735.90
- High Price: ₹789.00
- Low Price: ₹735.90
- Previous Close: ₹734.05
- Volume: 413,289
- Value (Lacs): ₹3,229.03
- VWAP: ₹774.75
- UC Limit: ₹880.85
- LC Limit: ₹587.25
- P/E ratio: 151.77
- Div yield: 0.13%
- 52-wk high: ₹792.15
- 52-wk low: ₹402.00
- Mkt cap: ₹2.46KCr
- Face Value: ₹10
Igarashi Motors Share Price Chart
Igarashi Motors Share Price Target Tomorrow 2024 To 2030
Igarashi Motors Share Price Target Years | SHARE PRICE TARGETÂ |
2024 | ₹795 |
2025 | ₹980 |
2026 | ₹1150 |
2027 | ₹1325 |
2028 | ₹1517 |
2029 | ₹1735 |
2030 | ₹1986 |
Igarashi Motors Share Price Target 2024
Igarashi Motors share price target 2024 Expected target could be ₹795. Here are three key factors that could affect the growth of Igarashi Motors India Ltd’s share price target in 2024:
- Growth in the Automotive Sector: The demand for electric motors is closely linked to the automotive industry. As vehicle production, especially in electric vehicles (EVs), increases in India and globally, Igarashi Motors could benefit from higher orders, positively impacting its share price.
- Expansion into EV Components: With the shift toward electric vehicles, Igarashi Motors can expand its product range to include more EV-specific components. Success in this area could drive growth and attract investors, boosting the company’s share price.
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Currency Fluctuations and Export Market: As Igarashi Motors exports a significant portion of its products, currency fluctuations can impact revenue. Stable or favorable exchange rates could enhance profitability, while adverse changes might pose challenges, affecting investor sentiment and the share price.
Igarashi Motors Share Price Target 2025
Igarashi Motors share price target 2025 Expected target could be ₹980. Here are three potential risks and challenges for Igarashi Motors India Ltd’s share price target in 2025:
- Dependence on the Automotive Industry: Igarashi Motors relies heavily on the automotive sector, which is sensitive to economic cycles and market demand. Any downturn in the automotive industry, including a decrease in vehicle production, could negatively impact sales and earnings, affecting the share price.
- Rising Raw Material Costs: The production of electric motors requires materials like copper, steel, and other metals. If raw material costs continue to rise, it could squeeze profit margins and increase production costs for Igarashi Motors, potentially impacting profitability and investor confidence.
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Technological Shifts and Competition: The shift toward advanced electric vehicle (EV) components and rapid technological changes in motor designs may require substantial R&D investment. If Igarashi Motors fails to keep up with these advancements or faces intense competition from larger, well-funded companies, it could lose market share, impacting long-term growth and the share price.
Igarashi Motors Share Price Target 2030
Igarashi Motors share price target 2030 Expected target could be ₹1986. Here are three potential risks and challenges for Igarashi Motors India Ltd’s share price target in 2030:
- Adapting to Electric Vehicle (EV) Market Changes: As the automotive industry moves toward EVs, Igarashi Motors will need to innovate and adapt its product lineup to meet new technological demands. Failure to successfully transition or secure a strong position in the EV market could result in lost business opportunities, impacting growth and share price.
- Increasing Competition from Global Players: By 2030, competition in the electric motor industry is likely to intensify, especially with large international players expanding their presence. If Igarashi Motors struggles to compete on price, quality, or innovation, it may lose market share, impacting its profitability and investor appeal.
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Economic and Regulatory Shifts: The automotive industry is highly affected by economic cycles and regulatory changes, particularly around emissions and manufacturing standards. Stricter regulations, economic downturns, or unexpected policy changes could lead to higher costs or reduced demand, which may pose risks to the company’s long-term growth and stock performance.
Shareholding Pattern For Igarashi Motors India Ltd
- Promoters: 75%
- Retail and Others: 22.36%
- DII: 1.55%
- FII: 0.90%
- Mutual Funds: 0.18%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.igarashimotors.com/
Igarashi Motors India Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 7.25B | 10.48% |
Operating expense | 2.00B | 6.77% |
Net income | 95.73M | 82.77% |
Net profit margin | 1.32 | 65.00% |
Earnings per share | — | — |
EBITDA | 653.36M | 18.36% |
Effective tax rate | 31.02% | — |
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