Munjal Auto Industries Share Price Target Tomorrow 2024 To 2030 and More Details

Munjal Auto Industries Ltd is a leading manufacturer of auto components, catering primarily to the two-wheeler and four-wheeler segments. The company produces high-quality exhaust systems, wheel rims, and other critical parts, ensuring reliability and performance. As part of the renowned Hero Group, Munjal Auto benefits from strong industry expertise and a solid reputation in the market. Munjal Auto Industries Share Price on NSE as of 28 December 2024 is 100.00 INR. Here are more details on Munjal Auto Industries Share Price Target 2024, 2025, 2026 to 2030.

Munjal Auto Industries Ltd: Market Overview

• Open: ₹96.60
• High: ₹101.00
• Low: ₹96.41
• Previous Close: ₹96.25
• Volume: 295,475
• Value (Lacs): ₹294.26
• VWAP: ₹98.66
• P/E ratio: 21.97
• Div yield: 2.00%
• UC Limit: ₹115.50
• LC Limit: ₹77.00
• 52 Week High: ₹145.70
• 52 Week Low: ₹71.15
• Mkt Cap (Rs. Cr.): ₹995
• Face Value: ₹2

Munjal Auto Industries Share Price Chart

Munjal Auto Industries Share Price Target Tomorrow 2024 To 2030

Munjal Auto Industries Share Price Target 2024

Munjal Auto Industries share price target 2024 Expected target could be ₹150. Here are four key factors that could affect Munjal Auto Industries Ltd’s share price target for 2024:

1. Rising Demand for Automobiles: Growth in the two-wheeler and four-wheeler market, especially in emerging economies, can increase the demand for Munjal Auto’s components, boosting revenues.
2. Expansion of Electric Vehicles (EVs): With the increasing adoption of EVs, the company’s ability to diversify its product portfolio to cater to this market could significantly enhance growth prospects.
3. Cost Efficiency and Operational Excellence: Continued focus on streamlining manufacturing processes and reducing costs can improve margins and strengthen the company’s competitive position.

4. Strategic Partnerships and Collaborations: Partnering with major automobile manufacturers and expanding its client base can drive steady growth and enhance the company’s market share.

Munjal Auto Industries Share Price Target 2025

Munjal Auto Industries share price target 2025 Expected target could be ₹170. Here are four key factors that could affect Munjal Auto Industries Ltd’s share price target for 2025:

1. Shift Towards Electric Mobility: The company’s ability to innovate and supply components tailored for electric vehicles (EVs) will be critical as the automotive industry continues to transition towards sustainable mobility solutions.
2. Global Market Expansion: Entering new international markets and increasing exports can contribute significantly to revenue growth and enhance brand visibility on a global scale.
3. Government Support for Manufacturing: Favorable policies, such as incentives for the auto sector under initiatives like “Make in India,” can provide growth opportunities and improve operational efficiency.

4. Diversification of Product Portfolio: Expanding the range of auto components, including advanced and lightweight parts, can help the company cater to a broader customer base and stay competitive in a rapidly evolving market.

Munjal Auto Industries Share Price Target 2030

Munjal Auto Industries share price target 2030 Expected target could be ₹290. Here are four risks and challenges that could impact Munjal Auto Industries Ltd’s share price target for 2030:

1. Transition to Electric Vehicles (EVs): A slower adaptation to the growing EV market or a lack of diversification in EV-compatible components could affect the company’s relevance and growth.
2. Economic Volatility: Global or domestic economic downturns, including fluctuations in fuel prices, could reduce demand for automobiles, indirectly impacting the company’s revenue.
3. Rising Competition: Increased competition from global and domestic auto component manufacturers, especially in the EV segment, may pressure margins and market share.

4. Raw Material Price Instability: Fluctuations in the prices of raw materials like steel and aluminum could increase production costs, affecting profitability if the company cannot pass these costs to customers.

Shareholding Pattern For Munjal Auto Industries Ltd

• Promoters: 74.81%
• FII: 0.03%
• DII: 0.03%
• Public: 25.13%

Munjal Auto Industries Ltd Financials

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