Praveg Share Price Target Tomorrow 2024 To 2030- Prediction, Market Overview

Praveg Ltd is an innovative Indian company known for its expertise in event management, exhibitions, and tourism-related services. The company specializes in organizing large-scale events and creating memorable experiences for clients across various industries. Praveg’s Share Price on BOM as of 14 December 2024 is 769.25 INR. Here are more details on Praveg’ Share Price Target for 2024, 2025, 2026, and 2030.

Praveg Ltd: Market Overview

• Open Price: ₹753.60
• High Price: ₹780.00
• Low Price: ₹745.60
• Previous Close: ₹760.75
• Volume: 42,382
• Value (Lacs): ₹326.02
• VWAP: ₹758.70
• UC Limit: ₹912.90
• LC Limit: ₹608.60
• P/E ratio: 149.59
• Div yield: 0.13%
• 52-wk high: ₹1,300.00
• 52-wk low: ₹627.10
• Mkt cap: ₹1.99KCr
• Face Value: ₹10

Praveg Share Price Chart

Praveg Share Price Target Tomorrow 2024 To 2030

Praveg Share Price Target 2024

Praveg share price target 2024 Expected target could be ₹1300. Here are four key factors that could influence the growth of Praveg Ltd’s share price target for 2024:

1. Increasing Demand for Event Management: With the growing trend of corporate events, exhibitions, and large-scale gatherings, Praveg is well-positioned to benefit from the expanding event management market.
2. Tourism Industry Growth: As the travel and tourism sector recovers and grows post-pandemic, Praveg’s ventures in tourism-related services could significantly boost its revenue and market presence.
3. Diversification of Services: Praveg’s ability to innovate and diversify its offerings, including unique and customized solutions for clients, can attract new business and strengthen its market position.

4. Expansion into New Markets: Efforts to enter untapped regions and cater to international clients can open new revenue streams and enhance the company’s overall growth in 2024.

Praveg Share Price Target 2025

Praveg share price target 2025 Expected target could be ₹1400. Here are four key risks and challenges that could impact Praveg Ltd’s share price target for 2025:

1. Economic Slowdowns: A global or domestic economic downturn could reduce corporate spending on events and tourism, directly affecting Praveg’s revenue streams.
2. Intense Competition: The event management and tourism sectors are highly competitive, with numerous players offering similar services. This competition could pressure pricing and market share.
3. Dependence on Market Trends: Praveg’s success is closely tied to trends in events and tourism. Shifts in consumer preferences or reduced demand for large-scale gatherings could impact its growth.

4. Operational Challenges: Managing large-scale events and expanding into new markets involves logistical complexities. Any mismanagement or quality issues could harm the company’s reputation and customer trust.

Praveg Share Price Target 2030

Praveg share price target 2030 Expected target could be ₹1900. Here are four key risks and challenges that could impact Praveg Ltd’s share price target for 2030:

1. Market Shifts and Trends: With potential advancements in virtual and hybrid event technologies, traditional event management services may face reduced demand, requiring Praveg to adapt its business model.
2. Economic and Geopolitical Uncertainty: Long-term economic slowdowns or geopolitical issues, such as travel restrictions or inflation, could adversely affect the tourism and event management industries, impacting Praveg’s growth.
3. Sustainability and Environmental Regulations: As the focus on sustainable practices intensifies, Praveg might need to invest in eco-friendly solutions for its services, increasing operational costs and potentially impacting profitability.

4. Competition and Market Saturation: By 2030, growing competition from both established players and new entrants could lead to market saturation, making it more challenging for Praveg to maintain its market share and profitability.

Shareholding Pattern For Praveg Ltd

• Promoters: 45.97%
• Retail and Others: 39.15%
• FII: 10%
• DII: 2.62%
• Mutual Funds: 2.26%

Praveg Ltd Financials

Read Also:- HLV Share Price Target Tomorrow 2024 To 2030 and More Details