Precision camshafts Share Price Target Tomorrow 2024 To 2030 and More Details

Precision Camshafts Ltd is an Indian company that specializes in manufacturing camshafts, a critical component used in automobile engines. Established in 1992, the company is one of the largest suppliers of camshafts globally, serving major automotive manufacturers across India, Europe, and the US. Precision Camshafts has a strong focus on innovation and quality, producing both cast and machined camshafts for cars, trucks, and motorcycles. Precision Camshafts Share Price on NSE as of 18 October 2024 is 308.11 INR. Here will provide you more details on Precision Camshafts Share Price Target 2024, 2025, 2026 to 2030.

Precision Camshafts Ltd: Market Overview

• Open Price: ₹303.70
• High Price: ₹313.68
• Low Price: ₹292.56
• Previous Close: ₹307.54
• Volume: 1,587,768
• Value (Lacs): ₹4,889.21
• VWAP: ₹302.25
• UC Limit: ₹369.04
• LC Limit: ₹246.03
• P/E ratio: 61.11
• Div yield: 0.32%
• 52-wk high: ₹331.70
• 52-wk low: ₹172.65
• Mkt cap: ₹2.92KCr
• Face Value: ₹10

Precision Camshafts Ltd Competitors

Here are five competitor companies of Precision Camshafts Ltd along with their approximate market capitalizations:

1. Minda Corporation Ltd
   • Market Capitalization: ~₹14,000 crore
   • A leading player in the automotive component manufacturing industry, offering a range of products including electronic and mechanical components.
2. Sundram Fasteners Ltd
   • Market Capitalization: ~₹22,000 crore
   • A major manufacturer of automotive components, specializing in fasteners, engine components, and various precision products.
3. Endurance Technologies Ltd
   • Market Capitalization: ~₹24,000 crore
   • A key supplier of automotive parts such as suspension, braking systems, and other components for two-wheelers and four-wheelers.
4. Bharat Forge Ltd
   • Market Capitalization: ~₹48,000 crore
   • A global leader in metal forging and manufacturing of automotive and industrial components, supplying parts to major automakers worldwide.

5. Mahindra CIE Automotive Ltd

   • Market Capitalization: ~₹10,000 crore
   • A diversified auto component manufacturer, producing a range of products such as engine, transmission, and forged components for the automotive industry.

Precision camshafts Share Price Chart

Precision camshafts Share Price Target Tomorrow 2024 To 2030

Precision camshafts Share Price Target 2024

Precision camshafts share price target 2024 Expected target could be ₹445. Here are three key factors that could affect the growth of Precision Camshafts’ share price target for 2024:

• Increased Demand for Automobiles: As the global and Indian automotive industry recovers from recent slowdowns, higher demand for passenger vehicles, commercial vehicles, and electric vehicles (EVs) could boost the company’s sales of camshafts, positively impacting revenue and share price growth in 2024.
• Technological Advancements: Precision Camshafts’ focus on innovation, such as developing camshafts for hybrid and electric vehicles, will be crucial for staying competitive. The ability to adopt new technologies and supply advanced products to automakers can drive future growth and enhance investor confidence.

• Export Market Expansion: With a significant portion of its revenue coming from exports, expanding into new international markets or increasing business with existing global clients will be a key driver of growth. Favorable currency exchange rates and strong international partnerships can help Precision Camshafts increase its global footprint, boosting its share price in 2024.

Precision camshafts Share Price Target 2025

Precision camshafts share price target 2025 Expected target could be ₹517. Here are three key factors that could affect the growth of Precision Camshafts’ share price target for 2025:

1. Expansion into Electric Vehicle (EV) Components: With the growing shift towards electric vehicles globally, Precision Camshafts’ ability to diversify and produce components for EV engines will be crucial for growth. Expanding into this segment could open new revenue streams and boost the company’s share price by 2025.
2. Strategic Partnerships and Joint Ventures: Forming partnerships with leading automakers or other automotive component manufacturers could help Precision Camshafts enhance its technological capabilities and market reach. Such collaborations can accelerate growth, improve profitability, and positively impact share prices.

3. Cost Management and Operational Efficiency: Maintaining or improving production efficiency and managing costs effectively will be vital for sustaining margins. Investment in automation, digitalization, and lean manufacturing could help Precision Camshafts control costs, ensuring stable profit growth and supporting its share price in 2025.

Precision camshafts Share Price Target 2030

Precision camshafts share price target 2030 Expected target could be ₹1010. Here are three risks and challenges that could affect Precision Camshafts’ share price target for 2030:

1. Technological Shifts in the Automotive Industry: As the automotive industry continues to evolve, particularly with the rise of electric vehicles (EVs) and alternative powertrains, demand for traditional internal combustion engine components like camshafts may decline. If Precision Camshafts fails to adapt its product offerings to suit these new technologies, it may face reduced market relevance, impacting its long-term growth and share price.
2. Intense Competition: The global automotive component industry is highly competitive, with many players focusing on innovation and cost reduction. Precision Camshafts will need to continuously invest in research and development to keep up with competitors. Falling behind in technological advancements or losing key contracts to competitors could pose a challenge to its market position by 2030.

3. Supply Chain Disruptions and Raw Material Costs: The company’s profitability is dependent on the efficient sourcing of raw materials and stable supply chains. Fluctuating raw material prices, global trade tensions, or disruptions in the supply chain (like those caused by pandemics or geopolitical conflicts) could increase production costs, reduce margins, and hinder Precision Camshafts’ growth trajectory, affecting its share price by 2030.

Precision Camshafts Ltd  Shareholding Pattern

• Promoters: 65.37%
• FII: 0.16%
• DII: 0.08%
• Public: 34.4%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.pclindia.in/

Precision Camshafts Ltd Financials

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