Mittal Life Style Ltd is an Indian company engaged in the trading and manufacturing of premium fabrics. The company primarily focuses on offering high-quality suiting fabrics that cater to both domestic and international markets. Known for its dedication to quality and style, Mittal Life Style has built a strong reputation in the textile industry. Mittal Life Style  Share Price on NSE as of 15 November 2024 is 1.99 INR. Here are more details on Mittal Life Style Share Price Target 2024, 2025, 2026 to 2030.
Mittal Life Style Ltd: Market Overview
- Open Price: ₹2.00
- High Price: ₹2.05
- Low Price: ₹1.91
- Previous Close: ₹2.03
- Volume: 2,343,535
- Value (Lacs): ₹46.17
- VWAP: ₹1.99
- UC Limit: ₹2.43
- LC Limit: ₹1.62
- P/E ratio: 23.23
- Div yield: N/A
- 52-wk high: ₹3.12
- 52-wk low: ₹1.39
- Mkt cap: ₹87.45Cr
- Face Value: ₹1
Mittal Life Style Share Price Chart
Mittal Life Style Share Price Target Tomorrow 2024 To 2030 (Prediction)
Mittal Life Style Share Price Target Years | Share Price Target |
2024 | ₹3.15 |
2025 | ₹5.35 |
2026 | ₹7.67 |
2027 | ₹9.75 |
2028 | ₹11.50 |
2029 | ₹13.70 |
2030 | ₹15.90 |
Mittal Life Style Share Price Target 2024
Mittal Life Style share price target 2024 Expected target could be ₹3.15. Here are three key factors that could influence Mittal Life Style Ltd’s share price target in 2024:
- Rising Demand for Premium Fabrics: Growth in the fashion and apparel industry, both domestically and globally, can increase demand for high-quality suiting fabrics. Mittal Life Style’s focus on premium products positions it well to benefit from this trend, supporting revenue growth.
- Expansion of Distribution Network: Enhancing its distribution channels, such as entering new markets or strengthening online sales platforms, can help Mittal Life Style reach more customers. A broader market presence can drive sales and positively impact the company’s share price.
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Innovation and Product Diversification: Developing innovative fabric designs and expanding the product range can attract new customers and retain existing ones. Staying ahead of market trends could enhance competitiveness and boost financial performance, supporting share price growth.
Mittal Life Style Share Price Target 2025
Mittal Life Style share price target 2025 Expected target could be ₹5.35. Here are three key factors that could influence Mittal Life Style Ltd’s share price target in 2025:
- Growing Demand in the Fashion Industry: The increasing popularity of tailored clothing and premium fabrics in the fashion and apparel industry can drive higher demand for Mittal Life Style’s products. This growth trend could significantly boost the company’s sales and profitability.
- Focus on Export Opportunities: Expanding into international markets by exporting premium fabrics can open new revenue streams. By tapping into global demand for high-quality textiles, Mittal Life Style can enhance its financial performance and attract investor confidence.
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Operational Efficiency and Cost Management: Investments in advanced manufacturing technologies and efficient supply chain management can lower production costs while maintaining high product quality. Improved operational efficiency would strengthen margins and positively impact the company’s share price.
Mittal Life Style Share Price Target 2030
Mittal Life Style share price target 2030 Expected target could be ₹15.90. Here are three potential risks and challenges that could impact Mittal Life Style Ltd’s share price target in 2030:
- Raw Material Price Volatility: The cost of raw materials like cotton and synthetic fibers can fluctuate due to market conditions, weather events, or global supply chain disruptions. Prolonged price increases could raise production costs and pressure profit margins.
- Intense Market Competition: The textile industry is highly competitive, with numerous players offering similar products. Increased competition from domestic and international brands may force Mittal Life Style to reduce prices or invest heavily in marketing, potentially affecting profitability.
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Changing Consumer Preferences: Shifts in fashion trends or a growing preference for sustainable and eco-friendly fabrics could require the company to adapt its product offerings. Failure to keep up with evolving consumer demands could impact sales and the company’s market position.
Shareholding Pattern For Mittal Life Style Ltd
- Promoters: 37.49%
- Public: 62.51%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://mittallifestyle.in/
Mittal Life Style Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 673.78M | 5.99% |
Operating expense | 18.73M | 102.31% |
Net income | 17.16M | 226.38% |
Net profit margin | 2.55 | 207.23% |
Earnings per share | — | — |
EBITDA | 9.00M | 39.65% |
Effective tax rate | 20.73% | — |
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