Pricol Share Price Target Tomorrow 2024 To 2030 – Market Overview, Financials

Pricol Ltd is an Indian company that specializes in manufacturing automotive components and providing technology solutions for the automobile industry. The company is known for its innovative products such as automotive instruments, electronic controllers, and safety devices. Pricol serves both domestic and international markets, working with major vehicle manufacturers. Pricol Share Price on NSE as of 8 November 2024 is 466.00 INR. Here will provide you more details on Pricol Share Price Target 2024, 2025, 2026 to 2030.

Pricol Ltd: Market Overview

• Open Price: ₹480.00
• High Price: ₹480.00
• Low Price: ₹460.00
• Previous Close: ₹477.15
• Volume: 301,381
• Value (Lacs): ₹1,404.13
• VWAP: ₹465.94
• UC Limit: ₹572.55
• LC Limit: ₹381.75
• P/E ratio: 36.82
• Div yield: N/A
• 52-wk high: ₹542.50
• 52-wk low: ₹316.30
• Mkt cap: ₹5.68KCr
• Face Value: ₹1

Pricol Ltd Competitors

Here are four competitor companies of Pricol Ltd, along with their approximate market capitalizations:

1. Motherson Sumi Systems Ltd
   • Market Capitalization: Approximately ₹2,30,000 crores
2. Bosch Limited
   • Market Capitalization: Approximately ₹55,000 crores
3. Sundaram Clayton Ltd (Part of TVS Group)
   • Market Capitalization: Approximately ₹18,000 crores

4. Endurance Technologies Ltd

   • Market Capitalization: Approximately ₹21,000 crores

Pricol Share Price Chart

Pricol Share Price Target Tomorrow 2024 To 2030

Pricol Share Price Target 2024

Pricol share price target 2024 Expected target could be ₹555. Here are three key factors that could affect the growth of Pricol Ltd’s Share Price Target in 2024:

• Demand for Automotive Components: The growth in the automotive industry, both in India and globally, plays a crucial role in Pricol’s performance. Increased demand for vehicles, especially electric vehicles (EVs), could drive the need for advanced automotive components, positively impacting Pricol’s sales and share price in 2024.
• Technological Innovations and Product Diversification: Pricol’s ability to innovate and introduce new products, such as smart automotive solutions or components for electric vehicles, will be vital for its growth. Successfully tapping into emerging trends like EVs and autonomous driving technology could open new markets and boost its revenue potential, supporting its share price growth.

• Strategic Partnerships and Expansions: Pricol’s expansion into international markets and forming new partnerships with global automotive manufacturers could drive growth. Entering new markets or strengthening its position in existing ones will help diversify its revenue streams, increasing investor confidence and potentially leading to higher share prices in 2024.

Pricol Share Price Target 2025

Pricol share price target 2025 Expected target could be ₹680. Here are three key factors that could affect the growth of Pricol Ltd’s Share Price Target in 2025:

• Expansion into Electric Vehicle (EV) Market: As the global automotive industry shifts towards electric vehicles, Pricol’s ability to develop and supply components for EVs will be a significant growth driver. Securing contracts with major EV manufacturers or expanding its EV component offerings could boost Pricol’s revenue, positively influencing its share price by 2025.
• Global Market Penetration: Pricol’s success in expanding its footprint in international markets, particularly in high-growth regions like Southeast Asia, Europe, and North America, could drive growth. Strong international sales, especially to large automotive manufacturers, would enhance Pricol’s revenue diversification and lead to stronger financial performance, benefiting its share price.

• Focus on R&D and Technological Leadership: Continued investment in research and development (R&D) to stay ahead of automotive industry trends will be crucial for Pricol. Advancing technology in areas like vehicle safety, connectivity, and automation can help Pricol offer cutting-edge products, positioning it as a key player in the automotive supply chain, which could have a positive impact on its share price by 2025.

Pricol Share Price Target 2030

Pricol share price target 2030 Expected target could be ₹1355. Here are three risks and challenges that could impact Pricol Ltd’s Share Price Target in 2030:

• Intense Competition in the Automotive Component Sector: Pricol faces significant competition from both domestic and international players, such as Motherson Sumi, Bosch, and Endurance Technologies. Increased competition could lead to pressure on pricing, reduced profit margins, and challenges in retaining market share, potentially affecting the company’s growth and share price in the long term.
• Dependence on Automotive Industry Cycles: The automotive sector is highly cyclical and sensitive to economic conditions. A slowdown in vehicle production or sales due to economic downturns, changes in consumer behavior, or regulatory changes could impact Pricol’s revenue growth and, in turn, its stock performance by 2030.

• Technological Disruptions and Shifts in Consumer Preferences: The rapid evolution of automotive technologies, such as electric vehicles, autonomous driving, and digitalization, could pose a risk if Pricol fails to innovate and adapt quickly. A failure to meet the changing demands of the automotive industry or to invest in emerging technologies could result in lost opportunities, affecting its long-term competitiveness and share price.

Pricol Ltd Shareholding Pattern

• Promoters: 38.51%
• Retail and others: 30.05%
• FII: 15.74%
• Mutual Funds: 9.70%
• DII: 6%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: https://pricol.com/

Pricol Ltd Financials

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