Kross Share Price Target Tomorrow 2024 To 2030- Market Overview, Income Statement

Kross Ltd is a company that specializes in manufacturing high-quality bicycles, known for their durability, style, and affordability. The brand offers a range of bikes, including mountain bikes, road bikes, and kids’ bicycles, catering to riders of all ages and skill levels. Kross has become popular for its focus on delivering well-designed, comfortable bikes that are suitable for both casual rides and more challenging terrains. Kross Share Price on NSE as of 7 November 2024 is 208.69 INR. Here will provide you more details on Kross Share Price Target 2024, 2025, 2026 to 2030.

Kross Ltd: Market Overview

• Open Price: ₹211.52
• High Price: ₹219.65
• Low Price: ₹207.00
• Previous Close: ₹211.52
• Volume: 1,430,596
• Value (Lacs): ₹3,000.68
• VWAP: ₹213.82
• UC Limit: ₹253.82
• LC Limit: ₹169.21
• P/E ratio: N/A
• Div yield: N/A
• 52-wk high: ₹270.89
• 52-wk low: ₹158.00
• Mkt cap: ₹1.36KCr
• Face Value: ₹5

Kross Share Price Chart

Kross Share Price Target Tomorrow 2024 To 2030

Kross Share Price Target 2024

Kross share price target 2024 Expected target could be ₹275. Here are three key factors that could affect the growth of Kross Ltd’s share price target in 2024:

• Rising Demand for Eco-Friendly Transportation: With increasing awareness of eco-friendly transport options, bicycles are becoming more popular as sustainable alternatives to cars. Kross Ltd could benefit from this trend, boosting sales and positively influencing its revenue and share price growth in 2024.
• Expansion in International Markets: If Kross expands into new international markets, it can tap into a larger customer base. Growing its presence in countries with high demand for bicycles could significantly enhance its revenue potential, supporting its stock performance.

• Product Innovation and Customer Preferences: Kross’s ability to introduce new and innovative bike models, such as electric bicycles or specialized mountain bikes, will be crucial to attracting new customers. Staying aligned with customer preferences and introducing popular models can strengthen its market position and contribute to share price growth.

Kross Share Price Target 2025

Kross share price target 2025 Expected target could be ₹327. Here are three potential risks and challenges for Kross Ltd’s share price target in 2025:

• Intense Competition: The bicycle industry is highly competitive, with both domestic and international brands vying for market share. If Kross faces increased competition or struggles to differentiate its products, it could impact sales and profit margins, potentially hindering its share price growth.
• Supply Chain Disruptions: Any disruptions in the supply chain, such as delays in raw material procurement or transportation issues, could affect Kross’s production capacity and ability to meet demand. This could lead to delays in product delivery and higher costs, impacting profitability and share price performance in 2025.

• Changing Consumer Preferences: Shifts in consumer preferences, such as a move towards electric vehicles or other forms of transportation, could reduce demand for traditional bicycles. If Kross does not effectively adapt to changing market trends, it may face challenges in sustaining growth, which could negatively affect its stock price.

Kross Share Price Target 2030

Kross share price target 2030 Expected target could be ₹605. Here are three potential risks and challenges for Kross Ltd’s share price target in 2030:

• Market Saturation and Declining Demand: By 2030, the bicycle market in key regions could reach saturation, especially in developed countries. If Kross faces limited room for expansion and slower growth in established markets, it may struggle to maintain its sales levels, potentially impacting long-term share price growth.
• Technological Advancements in Transportation: The rise of alternative transportation options, such as electric scooters, autonomous vehicles, or advanced electric bicycles, could reduce the demand for traditional bicycles. If Kross is slow to adopt these new technologies, it might lose market relevance, challenging its future growth and share price.

• Environmental and Regulatory Challenges: Stricter environmental regulations, particularly regarding manufacturing processes and waste management, could increase operational costs for Kross. Compliance with these regulations could require significant investments, and failure to adapt efficiently could negatively affect profitability and stock performance in the long run.

Shareholding Pattern For Kross Ltd

• Promoters: 67.70%
• Retail and Other: 16.84%
• Mutual Funds: 8.57%
• FII: 5.93%
• DII: 0.95%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.krosslimited.com/

Kross Ltd Financials

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