Nexus Surgical and Medicare Ltd is an Indian company that specializes in the manufacturing and distribution of medical and surgical products. Established with a focus on providing affordable healthcare solutions, the company offers a wide range of products including surgical instruments, hospital equipment, and other medical supplies. Nexus Surgical Share Price on NSE as of 18 November 2024 is 18.10 INR. Here will provide you more details on Nexus Surgical Share Price Target 2024, 2025, 2026 to 2030.
Nexus Surgical and Medicare Ltd: Market Overview
- Open Price: ₹17.01
- High Price: ₹18.22
- Low Price: ₹17.01
- Previous Close: ₹17.36
- Volume: 14,992
- Value (Lacs): ₹2.71
- VWAP: ₹17.69
- UC Limit: ₹18.22
- LC Limit: ₹16.50
- P/E ratio: N/A
- Div yield: N/A
- 52-wk high: ₹21.68
- 52-wk low: ₹8.10
- Mkt cap: ₹9.50Cr
- Face Value: ₹10
Nexus Surgical and Medicare Ltd Competitors
Here are three competitor companies of Nexus Surgical and Medicare Ltd in the medical equipment and healthcare sector, along with their market capital:
- Abbott Laboratories – A major player in healthcare and medical diagnostics, with a market capitalization of approximately $240 billion.
- Thermo Fisher Scientific – A leading provider of lab instruments, reagents, and services, valued at around $215 billion.
- Medtronic – A renowned global healthcare technology company with a market capitalization of around $150 billion.
Nexus Surgical Share Price Chart
Nexus Surgical Share Price Target Tomorrow 2024 To 2030
Nexus Surgical Share Price Target Years | Share Price Target |
2024 | ₹24 |
2025 | ₹36 |
2026 | ₹48 |
2027 | ₹60 |
2028 | ₹72 |
2029 | ₹96 |
2030 | ₹110 |
Nexus Surgical Share Price Target 2024
Nexus Surgical share price target 2024 Expected target could be ₹24. Here are three key factors that could influence Nexus Surgical and Medicare Ltd’s share price target for 2024:
- Expansion of Product Portfolio
Introducing innovative and cost-effective medical and surgical products could boost the company’s market share and revenue, as demand for advanced healthcare solutions continues to grow. - Increased Healthcare Spending
Rising investments in healthcare infrastructure in India and other developing markets provide an opportunity for Nexus Surgical to expand its operations and strengthen its position in the industry. -
Focus on Export Markets
Strengthening international market presence through exports or collaborations could open new revenue streams and mitigate dependency on domestic sales.
Nexus Surgical Share Price Target 2025
Nexus Surgical share price target 2025 Expected target could be ₹36. Here are three key factors that could impact Nexus Surgical and Medicare Ltd’s share price target for 2025:
- Adoption of Advanced Technology
Investments in cutting-edge manufacturing technologies and digital healthcare solutions could enhance efficiency and expand product offerings, attracting more customers in domestic and global markets. - Government Healthcare Initiatives
Policies promoting affordable healthcare and increased spending on infrastructure development could boost demand for the company’s medical and surgical products, supporting revenue growth. -
Strategic Partnerships and Collaborations
Forming alliances with healthcare providers, distributors, or global medical equipment companies could open up new markets and improve supply chain efficiency, driving long-term profitability.
Nexus Surgical Share Price Target 2030
Nexus Surgical share price target 2030 Expected target could be ₹110. Here are three potential risks and challenges for Nexus Surgical and Medicare Ltd’s share price target by 2030:
- Technological Advancements and Competition
The rapid evolution of medical technology could pose challenges if the company fails to innovate or keep pace with competitors offering more advanced solutions. - Regulatory Changes
Stricter healthcare regulations and quality standards in both domestic and international markets could increase compliance costs and impact profitability if not managed effectively. -
Economic and Geopolitical Factors
Global economic uncertainties or geopolitical tensions might disrupt supply chains or affect export opportunities, potentially limiting the company’s growth prospects.
Nexus Surgical and Medicare Ltd Shareholding Pattern
- Promoters: 18.73%
- Public: 81.27%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.nexusmed.co.in/
Nexus Surgical and Medicare Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 34.74M | 123.68% |
Operating expense | 26.17M | 195.79% |
Net income | 2.13M | 24.96% |
Net profit margin | 6.14 | -44.13% |
Earnings per share | — | — |
EBITDA | 2.66M | 22.74% |
Effective tax rate | 26.62% | — |
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