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

Riba Textiles Ltd is an Indian company specializing in the manufacturing of high-quality textiles. Known for its wide range of textile products, Riba Textiles operates in the fabric and garment industry, serving both domestic and international markets. The company focuses on producing sustainable and innovative textiles, offering solutions in areas such as home textiles, garments, and industrial fabrics. Riba Textiles Share Price on NSE as of 28 November 2024 is 95.00 INR. Here will provide you more details on Riba Textiles Share Price Target 2024, 2025, 2026 to 2030.

Riba Textiles Ltd: Market Overview

• Open Price: ₹91.50
• High Price: ₹97.75
• Low Price: ₹87.10
• Previous Close: ₹90.03
• Volume: 162,209
• Value (Lacs): ₹154.75
• VWAP: ₹94.58
• UC Limit: ₹108.03
• LC Limit: ₹72.03
• P/E ratio: 11.24
• Div yield: N/A
• 52-wk high: ₹97.75
• 52-wk low: ₹62.35
• Mkt cap: ₹92.15Cr
• Face Value: ₹10

Riba Textiles Ltd Competitors

Here are four competitors of Riba Textiles Ltd in the textile industry, along with their approximate market capitalizations:

1. Page Industries Ltd: A leading manufacturer of apparel, including innerwear and leisurewear, with a market capitalization of around ₹50,156 crore.
2. KPR Mill Ltd: Engaged in the production of cotton yarn, knitted fabrics, and garments, with a market capitalization of approximately ₹32,064 crore.
3. Trident Ltd: A diversified textile manufacturer producing yarn, terry towels, and bed linen, with a market capitalization of about ₹16,827 crore.

4. Welspun India Ltd: A major producer of home textiles, including bed and bath products, with a market capitalization of around ₹14,513 crore.

Riba Textiles Share Price Chart

Riba Textiles Share Price Target Tomorrow 2024 To 2030

Riba Textiles Share Price Target 2024

Riba Textiles share price target 2024 Expected target could be ₹98. Here are four key factors affecting the growth of Riba Textiles Ltd share price target for 2024:

1. Demand for Textile Products: The overall growth in demand for textile products, including both domestic consumption and exports, will play a significant role. A rise in demand from the fashion, home furnishing, and retail sectors could positively influence the company’s revenue growth and, consequently, its share price.
2. Raw Material Costs: The price volatility of raw materials like cotton and synthetic fibers can impact profit margins. Any fluctuation in material costs, driven by supply chain issues or global price changes, could affect profitability and market sentiment.
3. Expansion into New Markets: Riba Textiles’ ability to expand into new regions, both within India and internationally, will be crucial. Expanding its footprint into emerging markets or diversifying into high-demand product categories can provide growth opportunities for the company.

4. Government Policies and Regulations: Government initiatives such as tax incentives, subsidies for textile manufacturers, and export promotions can support the company’s growth. Additionally, regulatory changes or trade restrictions could have either a positive or negative impact on its operations, affecting stock performance.

Riba Textiles Share Price Target 2025

Riba Textiles share price target 2025 Expected target could be ₹110. Here are four key factors affecting the growth of Riba Textiles Ltd share price target for 2025:

1. Technological Advancements: The adoption of advanced manufacturing technologies and automation in textile production can increase efficiency, reduce costs, and improve product quality. Innovations such as eco-friendly fabrics or smart textiles can help Riba Textiles tap into new growth opportunities.
2. Global Trade Dynamics: As a part of the global textile market, the company’s growth is closely tied to trade relations, especially with key markets like the U.S., Europe, and other developing nations. Any changes in trade policies, tariffs, or import/export regulations could have a significant impact on its revenue and share price.
3. Brand Recognition and Market Penetration: Riba Textiles’ ability to establish a strong brand presence and penetrate new consumer segments will be key to driving growth. Marketing strategies, product diversification, and entering untapped geographic markets can enhance its market share and financial performance.

4. Sustainability Trends: Growing global awareness about sustainability and the shift toward eco-friendly textiles will likely influence consumer preferences. Riba Textiles’ ability to embrace sustainable production methods and offer eco-friendly products can boost demand and contribute to long-term growth.

Riba Textiles Share Price Target 2030

Riba Textiles share price target 2030 Expected target could be ₹175. Here are three key risks and challenges that could affect Riba Textiles Ltd share price target for 2030:

1. Raw Material Price Volatility: The textile industry is heavily reliant on raw materials like cotton, polyester, and other fibers. Price fluctuations due to factors like climate conditions, global demand, and geopolitical tensions can lead to increased production costs and squeeze profit margins, impacting share price performance.
2. Intense Competition and Market Saturation: The textile industry is highly competitive, with both established players and new entrants offering similar products. Riba Textiles may face challenges in differentiating its products and maintaining its market share, especially as local and global competition intensifies, potentially affecting growth prospects and share price.

3. Regulatory and Environmental Risks: Stricter environmental regulations and compliance requirements, both locally and internationally, could pose challenges for textile manufacturers. Adapting to changing policies related to waste management, emissions, and sustainability could incur significant costs, impacting profitability and growth. These factors might add pressure on the company’s financial health and share price in the long term.

Riba Textiles Ltd Shareholding Pattern

• Promoters: 61.85%
• Public: 38.15%

Riba Textiles Ltd Financials

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