Mishtann Foods Ltd is an Indian company known for producing and distributing a wide range of food products, primarily basmati rice. The company focuses on delivering high-quality, healthy, and nutritious food options to its consumers. Over the years, Mishtann Foods has expanded its product portfolio to include other staples such as wheat and lentils. Mishtann Foods Share Price on NSE as of 30 September 2024 is 15.23 INR. Here are more details on Mishtann Foods Share Price Target 2024, 2025, 2026 to 2030.
Mishtann Foods Ltd: Market Overview
- Open Price: ₹15.00
- High Price: ₹15.78
- Low Price: ₹14.96
- Previous Close: ₹14.67
- Volume: 11,220,891
- VWAP: 15.31
- UC Limit: ₹17.60
- LC Limit: ₹11.74
- P/E ratio: 4.56
- Div yield: 0.0066%
- 52-wk high: ₹25.36
- 52-wk low: ₹11.93
- Mkt cap: ₹1.72KCr
- Face Value: ₹1
Mishtann Foods Share Price Today Chart
Mishtann Foods Share Price Target Tomorrow 2024 To 2030
Mishtann Foods Share Price Target Years | SHARE PRICE TARGETÂ |
2024 | ₹23 |
2025 | ₹27 |
2026 | ₹30 |
2027 | ₹33 |
2028 | ₹36 |
2029 | ₹39 |
2030 | ₹42 |
Mishtann Foods Share Price Target 2024
Mishtann Foods share price target 2024 Expected target could be ₹23. Here are three key factors affecting Mishtann Foods share price growth in 2024:
- Expanding Product Range: Mishtann Foods’ ongoing efforts to diversify its product offerings beyond basmati rice, such as wheat and lentils, could boost sales and attract more customers, positively impacting its share price in 2024.
- Domestic and International Market Growth: The company’s increasing focus on expanding its presence in both domestic and international markets can lead to higher revenue streams, driving investor confidence and potentially raising the share price.
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Rising Demand for Quality Food Products: As consumer demand for healthier and high-quality food options continues to grow, Mishtann Foods stands to benefit from this trend, contributing to its stock price growth in 2024.
Mishtann Foods Share Price Target 2025
Mishtann Foods share price target 2025 Expected target could be ₹27. Here are three key factors affecting Mishtann Foods share price growth in 2025:
- Increased Export Opportunities: By 2025, Mishtann Foods could benefit from expanding its export markets, especially in regions with high demand for premium basmati rice and other agricultural products, which could significantly contribute to share price growth.
- Strategic Partnerships and Collaborations: Partnerships with major retailers, suppliers, or international food chains could enhance Mishtann Foods’ distribution network and brand visibility, driving higher sales and positively impacting its stock price.
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Technological Advancements in Agriculture: The company’s investment in modern farming techniques and food processing technology can improve product quality and yield, leading to cost efficiencies and better financial performance, which would likely support share price growth in 2025.
Mishtann Foods Share Price Target 2030
Mishtann Foods share price target 2030 Expected target could be ₹42. Here are three key factors affecting Mishtann Foods share price growth in 2030:
- Sustainable Agriculture Practices: By 2030, Mishtann Foods’ commitment to sustainable and organic farming could drive consumer preference for healthier food options. This focus on sustainability may enhance its brand image and boost long-term sales, supporting share price growth.
- Global Expansion: As the company continues to expand its presence in international markets, especially in regions with growing demand for Indian basmati rice, global expansion could play a crucial role in increasing revenue streams and boosting its stock price by 2030.
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Diversification of Product Portfolio: Introducing new food products or expanding into related segments like packaged foods or organic products could diversify Mishtann’s offerings, mitigating risks and driving steady revenue growth, contributing positively to its share price over the long term.
Shareholding Pattern For Mishtann Foods Ltd
- Promoters: 46.87%
- Retail and others: 50.34%
- Foreign institutions: 2.79%
Mishtann Foods Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 12.88B | 98.05% |
Operating expense | 1.84B | 3,893.11% |
Net income | 3.46B | 593.13% |
Net profit margin | 26.86 | 249.74% |
Earnings per share | — | — |
EBITDA | 3.59B | 334.40% |
Effective tax rate | 2.25% | — |
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