Somi Conveyor Beltings Ltd is an Indian company specializing in manufacturing high-quality rubber conveyor belts. It serves diverse industries like mining, steel, cement, and power by offering durable and efficient conveyor solutions. Known for its innovative products and customer-centric approach, the company focuses on delivering customized solutions to meet industry needs. Somi Conveyor Belt Share Price on NSE as of 3 January 2025 is 200.01 INR. Here will provide you more details on Somi Conveyor Belt Share Price Target 2025, 2026 to 2030.
Somi Conveyor Beltings Ltd: Market Overview
- Open: ₹206.57
- High: ₹206.57
- Low: ₹197.23
- Previous Close: ₹204.19
- Volume: 32,558
- Value (Lacs): ₹64.79
- VWAP: ₹200.19
- UC Limit: ₹224.60
- LC Limit: ₹183.77
- 52 Week High: ₹235.58
- 52 Week Low: ₹91.55
- Mkt Cap (Rs. Cr.): ₹234
- Face Value: ₹10
Somi Conveyor Belt Share Price Chart
Somi Conveyor Belt Share Price Target Tomorrow 2025 To 2030
| Somi Conveyor Belt Share Price Target Years | Share Price Target |
| 2025 | ₹240 |
| 2026 | ₹350 |
| 2027 | ₹450 |
| 2028 | ₹550 |
| 2029 | ₹650 |
| 2030 | ₹750 |
Somi Conveyor Belt Share Price Target 2025
Somi Conveyor Belt share price target 2025 Expected target could be ₹240. Here are 4 Key Factors Affecting Growth for “Somi Conveyor Belt Share Price Target 2025”:
- Industrial Growth and Demand: Increased infrastructure development, mining, and industrial activities could drive higher demand for conveyor belts, positively impacting the company’s revenue and growth.
- Export Opportunities: Expanding into international markets and catering to global industries can boost the company’s revenue, especially if it secures contracts from large overseas clients.
- Product Innovation: Development of advanced, eco-friendly, and customized conveyor solutions can give Somi Conveyor Beltings a competitive edge and attract new customers.
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Raw Material Costs and Pricing Strategy: Effective management of raw material costs and competitive pricing will play a crucial role in maintaining profitability and market share.
Somi Conveyor Belt Share Price Target 2030
Somi Conveyor Belt share price target 2030 Expected target could be ₹750. Here are 4 Risks and Challenges for “Somi Conveyor Belt Share Price Target 2030”:
- Raw Material Price Volatility: Fluctuating costs of raw materials like rubber and steel can significantly impact profit margins, especially if the company cannot pass on the increased costs to customers.
- Competition: Increasing competition from domestic and international players offering similar or more advanced products may pose a threat to market share and revenue growth.
- Economic Slowdowns: Any downturn in key industries like mining, construction, or manufacturing could reduce demand for conveyor belt systems, affecting the company’s sales.
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Technological Advancements: Failing to keep pace with technological changes or to innovate products could result in losing customers to more technologically advanced competitors.
Somi Conveyor Beltings Ltd Shareholding Pattern
- Promoters: 59.09%
- Public: 40.91%
Somi Conveyor Beltings Ltd Financials
| (INR) | 2024 | Y/Y change |
| Revenue | 1.02B | 8.92% |
| Operating expense | 89.57M | 17.15% |
| Net income | 45.53M | 31.27% |
| Net profit margin | 4.46 | 20.54% |
| Earnings per share | — | — |
| EBITDA | 87.51M | 8.79% |
| Effective tax rate | 25.35% | — |
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