Shanti Spintex Ltd is an Indian company that specializes in the production of yarns, particularly cotton yarn. Established in 1997, the company operates in the textile industry, serving domestic and international markets. Shanti Spintex has a strong reputation for quality and reliability, supplying yarns to various sectors such as apparel and home textiles. Shanti Spintex Share Price on BOM as of 13 December 2024 is 64.00 INR. Here will provide you more details on Shanti Spintex Share Price Target 2024, 2025, 2026 to 2030.
Shanti Spintex Ltd: Market Overview
- Open Price: ₹63.70
- High Price: ₹64.20
- Low Price: ₹63.20
- Previous Close: ₹65.90
- Volume: 10,000
- Value (Lacs): ₹6.40
- VWAP: ₹63.74
- P/E ratio: 7.28
- UC Limit: ₹79.08
- LC Limit: ₹52.72
- 52 Week High: ₹96.92
- 52 Week Low: ₹46.25
- Mkt Cap: ₹108Cr
- Face Value: ₹10
Shanti Spintex Ltd Competitors
As of December 13, 2024, Shanti Spintex Ltd has a market capitalization of approximately ₹1.14 billion. In comparison, some of its competitors in the textile industry include:
- Manomay Tex India Ltd: Market cap of ₹3.75 billion.
- R & B Denims Ltd: Market cap of ₹9.10 billion.
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Sangam India Ltd: Market cap of ₹18.94 billion.
Shanti Spintex Share Price Chart
Shanti Spintex Share Price Target Tomorrow 2024 To 2030
Shanti Spintex Share Price Target Years | Share Price Target |
2024 | ₹97 |
2025 | ₹100 |
2026 | ₹105 |
2027 | ₹110 |
2028 | ₹115 |
2029 | ₹120 |
2030 | ₹125 |
Shanti Spintex Share Price Target 2024
Shanti Spintex share price target 2024 Expected target could be ₹97. Here are 4 Key Factors Affecting Growth for Shanti Spintex Share Price Target 2024:
- Demand for Textile Products: Growth in sectors like apparel, home textiles, and industrial fabrics will directly influence the demand for cotton yarn, benefiting Shanti Spintex’s revenue.
- Technological Upgrades: Investment in modern manufacturing technologies can help Shanti Spintex increase operational efficiency, reduce costs, and improve product quality, contributing to higher profitability.
- Raw Material Prices: Fluctuations in cotton prices or supply chain disruptions may impact production costs. A stable or favorable price environment for raw materials will support margin growth.
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Expansion into New Markets: Efforts to expand the company’s reach in both domestic and international markets, especially in emerging economies, could drive increased sales and contribute to long-term growth.
Shanti Spintex Share Price Target 2025
Shanti Spintex share price target 2025 Expected target could be ₹100. Here are 4 Key Factors Affecting Growth for Shanti Spintex Share Price Target 2025:
- Sustainability Initiatives: As consumers and businesses increasingly value eco-friendly products, Shanti Spintex’s commitment to sustainable production practices, such as using organic cotton or reducing waste, could drive demand and improve market positioning.
- Capacity Expansion: Plans to expand production capacity and increase the scale of operations can help Shanti Spintex meet growing demand, enhance market share, and generate higher revenues in the coming years.
- Product Diversification: Introducing new types of yarn, such as specialty or value-added products, could open new revenue streams and reduce dependence on traditional cotton yarn, allowing the company to tap into premium markets.
- Strategic Partnerships: Forming alliances with global textile companies or expanding into international markets could enable Shanti Spintex to reach a broader customer base, driving growth and enhancing profitability by 2025.
Shanti Spintex Share Price Target 2030
Shanti Spintex share price target 2030 Expected target could be ₹125. Here are 4 Risks and Challenges for Shanti Spintex Share Price Target 2030:
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Raw Material Price Volatility: The price of cotton and other raw materials can fluctuate significantly, which may affect Shanti Spintex’s production costs and profit margins, especially if supply chain disruptions occur.
- Intense Competition: The textile industry is highly competitive, with both domestic and international players. Increased competition could pressure prices and limit market share, affecting Shanti Spintex’s ability to maintain profitability.
- Regulatory Changes: Changes in environmental, labor, or trade regulations could lead to increased compliance costs or operational restrictions, which may impact the company’s ability to scale or maintain profitability.
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Economic Slowdowns: A global or regional economic downturn could reduce consumer spending on textiles and apparel, leading to decreased demand for Shanti Spintex’s products, which could hurt revenue growth.
Shanti Spintex Ltd Shareholding Pattern
- Promoters: 73.57%
- DII: 0.72%
- Public: 25.71%
Shanti Spintex Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 5.06B | 36.59% |
Operating expense | 93.86M | -13.17% |
Net income | 130.18M | 28.53% |
Net profit margin | 2.57 | -5.86% |
Earnings per share | — | — |
EBITDA | 246.94M | 12.51% |
Effective tax rate | 27.27% | — |
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