Platinum Industries Ltd. is an Indian company that specializes in the manufacturing of high-quality specialty chemicals and industrial solutions. The company produces products used in industries such as paints, plastics, adhesives, and textiles. With a focus on innovation and sustainability, Platinum Industries has earned a reputation for delivering eco-friendly and efficient chemical solutions. Platinum Industries Share Price on NSE as of 4 December 2024 is 451.50 INR. Here are more details on Platinum Industries Share Price Target 2024, 2025, 2026 to 2030.
Platinum Industries Ltd: Market Overview
- Open Price: ₹439.40
- High Price: ₹462.40
- Low Price: ₹436.50
- Previous Close: ₹437.30
- Volume: 1,175,583
- Value (Lacs): ₹5,305.99
- VWAP: ₹451.06
- UC Limit: ₹524.75
- LC Limit: ₹349.85
- P/E ratio: 42.42
- Div yield: N/A
- 52-wk high: ₹484.80
- 52-wk low: ₹166.75
- Mkt cap: ₹2.48KCr
- Face Value: ₹10
Platinum Industries Share Price Chart
Platinum Industries Share Price Target Tomorrow 2024 To 2030
Platinum Industries Share Price Target Years | Share Price Target |
2024 | ₹485 |
2025 | ₹730 |
2026 | ₹950 |
2027 | ₹1175 |
2028 | ₹1387 |
2029 | ₹1592 |
2030 | ₹1840 |
Platinum Industries Share Price Target 2024
Platinum Industries share price target 2024 Expected target could be ₹485. Here are four key factors that could affect the growth of Platinum Industries Ltd’s share price target in 2024:
- Rising Demand for Specialty Chemicals: Increasing demand from key industries like paints, plastics, and adhesives can drive growth for Platinum Industries, boosting its revenue and profitability.
- Focus on Sustainability: Expanding its portfolio of eco-friendly and sustainable chemical solutions could attract environmentally conscious customers and open new market opportunities.
- Capacity Expansion: Investments in expanding production capacity and modernizing facilities can help the company meet growing demand and improve operational efficiency.
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Government Initiatives and Policies: Supportive government policies promoting manufacturing and export of specialty chemicals could provide a favorable environment for growth and market expansion.
Platinum Industries Share Price Target 2025
Platinum Industries share price target 2025 Expected target could be ₹730. Here are four key factors that could affect the growth of Platinum Industries Ltd’s share price target in 2025:
- Global Market Expansion: Increasing exports and entering new international markets can help Platinum Industries tap into a broader customer base, driving revenue growth.
- R&D and Product Innovation: Investing in research and development to introduce advanced specialty chemicals with unique applications can strengthen the company’s competitive position and attract high-value clients.
- Adoption of Advanced Manufacturing: Leveraging automation and cutting-edge manufacturing technologies can improve production efficiency, reduce costs, and enhance profitability.
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Strategic Partnerships and Collaborations: Partnering with leading companies in industries like paints, textiles, and plastics can boost sales, improve market penetration, and foster long-term growth.
Platinum Industries Share Price Target 2030
Platinum Industries share price target 2030 Expected target could be ₹1840. Here are four risks and challenges that could impact Platinum Industries Ltd’s share price target in 2030:
- Raw Material Price Volatility: Fluctuations in the prices of key raw materials, like petrochemicals, could increase production costs, affecting profit margins and financial stability.
- Environmental Regulations: Stricter environmental laws and compliance requirements could lead to higher operational costs or restrictions on certain chemical products, impacting growth.
- Global Competition: Intense competition from international players offering innovative or low-cost alternatives may pressure Platinum Industries to maintain its market share and profitability.
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Economic Slowdowns: A downturn in industries like paints, plastics, and textiles due to economic uncertainties or reduced consumer demand could negatively affect the company’s revenue.
Shareholding Pattern For Platinum Industries Ltd
- Promoters: 71%
- FII: 0.72%
- DII: 3.04%
- Public: 25.25%
Platinum Industries Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 2.64B | 14.22% |
Operating expense | 435.49M | 9.63% |
Net income | 437.29M | 15.36% |
Net profit margin | 16.54 | 1.04% |
Earnings per share | — | — |
EBITDA | 594.06M | 12.71% |
Effective tax rate | 25.52% | — |
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