Piotex Share Price Target Tomorrow 2024 To 2030- Market Overview, Financials

Piotex Share Price Target

Piotex Industries Ltd is an emerging company in the textile and manufacturing sector, known for its high-quality products and innovative approach. The company specializes in producing premium textile materials and focuses on delivering sustainable and efficient solutions to its customers. Piotex Share Price on BOM as of 13 December 2024 is 63.60 INR. Here are more details on Piotex Share Price Target 2024, 2025, 2026 to 2030.

Piotex Industries Ltd: Market Overview

  • Open Price: ₹65.00
  • High Price: ₹66.00
  • Low Price: ₹63.50
  • Previous Close: ₹63.25
  • Volume: 7,200
  • Value (Lacs): ₹4.58
  • VWAP: ₹64.68
  • UC Limit: ₹75.90
  • LC Limit: ₹50.60
  • P/E ratio: N/A
  • Div yield: N/A
  • 52-wk high: ₹126.01
  • 52-wk low: ₹55.00
  • Mkt cap: ₹32.46Cr
  • Face Value: ₹10

Piotex Share Price Chart

Piotex Share Price Chart

Piotex Share Price Target Tomorrow 2024 To 2030

Piotex Share Price Target Years Share Price Target
2024 ₹130
2025 ₹140
2026 ₹160
2027 ₹180
2028 ₹200
2029 ₹220
2030 ₹240

Piotex Share Price Target 2024

Piotex share price target 2024 Expected target could be ₹130. Here are four key factors that could influence the growth of Piotex Industries Ltd’s share price target for 2024:

  1. Increased Demand for Sustainable Textiles: Growing consumer awareness and demand for eco-friendly and sustainable textile products could drive higher sales and market expansion for the company.
  2. Technological Advancements: Adoption of innovative manufacturing technologies and automation could improve production efficiency, reduce costs, and enhance product quality, boosting profitability.
  3. Expansion into New Markets: Exploring opportunities in international markets and diversifying its customer base could provide new revenue streams and reduce reliance on domestic demand.
  4. Supportive Government Policies: Incentives for the textile sector, such as subsidies and export benefits, could positively impact the company’s growth and financial performance.

Piotex Share Price Target 2025

Piotex share price target 2025 Expected target could be₹140. Here are four key factors that could influence the growth of Piotex Industries Ltd’s share price target for 2025:

  1. Strong Brand Positioning: Building a well-recognized brand known for quality and sustainability could help Piotex secure long-term customer loyalty and expand its market share.
  2. Expansion of Product Portfolio: Diversifying into new product lines or offering value-added textile products could open up new revenue channels and attract different customer segments.
  3. Strategic Partnerships and Alliances: Collaborating with other industry players, retailers, or global distributors could help Piotex expand its reach and enhance its competitiveness in international markets.
  4. Rising Demand for Eco-Friendly Textiles: As consumers and businesses increasingly focus on sustainability, Piotex’s commitment to eco-friendly products could align well with growing market trends, driving revenue growth.

Piotex Share Price Target 2030

Piotex share price target 2030 Expected target could be ₹240. Here are four potential risks and challenges that could impact Piotex Industries Ltd’s share price target for 2030:

  1. Fluctuations in Raw Material Prices: Volatile prices of raw materials like cotton and synthetic fibers can significantly affect production costs, leading to reduced profit margins for Piotex.
  2. Intense Competition: The textile industry is highly competitive, and the presence of both established brands and new entrants could put pressure on Piotex’s market share and profitability.
  3. Supply Chain Disruptions: Issues such as disruptions in the global supply chain, transportation delays, or shortages in materials could hinder production timelines and impact customer satisfaction.
  4. Changing Regulatory Landscape: Increasing environmental regulations or trade restrictions in key markets could add operational complexities and increase compliance costs for Piotex, affecting its profitability.

Shareholding Pattern For Piotex Industries Ltd

  • Promoters: 65.95%
  • FII: 0.96%
  • DII: 4.42%
  • Public: 28.67%

Shareholding Pattern For Piotex Industries Ltd

Piotex Industries Ltd Financials

(INR) 2024 Y/Y change
Revenue 1.18B 37.73%
Operating expense 7.79M 187.94%
Net income 30.08M 4.17%
Net profit margin 2.54 -24.40%
Earnings per share — —
EBITDA 38.14M -8.52%
Effective tax rate 25.17% —

Piotex Industries Ltd Financials

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