KG PETROCHEM LTD SHARE PRICE TARGET 2024, 2025, 2026 TO 2030

Investors are constantly searching for safe and profitable stocks to purchase. KG Petrochem Ltd. is one such business that draws investors’ interest. Investors are curious to know the share price target of this firm for the years 2024 to 2030 given its track record of consistent development and its bright future. By 2025, will it pass the coveted 1000INR threshold? To forecast the future share price objective, we will examine the company’s financial statements from the last five years and analyze the percentage growth, PAT, revenue growth, and profit growth. Is KG Petrochem Ltd a wise investment, then? Let’s investigate.

How to Purchase KG Petrochem Shares?

Below are the trading platforms that you can use to purchase KG Petrochem Ltd shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

KG Petrochem Share Price Prediction: 2024 to 2030

KG Petrochem Share Price Target 2024

When Maximum Price Minimum Price
February 2024 226.80 197.22
March 2024 231.43 201.24
April 2024 224.69 195.38
May 2024 221.37 192.49
June 2024 229.34 199.42
July 2024 227.04 197.43
August 2024 236.13 205.33
September 2024 245.57 213.54
October 2024 240.75 209.35
November 2024 247.98 215.63
December 2024 254.18 221.02

KG Petrochem’s share price has demonstrated a fluctuating trend throughout 2024, ranging from a maximum of ₹254.18 in December to a minimum of ₹192.49 in May.

With a market capitalization of ₹110 Cr. and a current price of ₹210 as of February 27th, 2024, the stock’s high/low stands at ₹241/₹174.

KG Petrochem Share Price Target 2025

When Maximum Price Minimum Price
January 2025 259.26 199.43
February 2025 265.91 204.54
March 2025 276.28 212.52
April 2025 270.86 208.35
May 2025 262.97 202.29
June 2025 274.81 211.39
July 2025 269.42 207.24
August 2025 277.75 213.65
September 2025 287.47 221.13
October 2025 294.95 226.88
November 2025 302.32 232.55
December 2025 309.88 238.37

KG Petrochem’s share price is projected to increase steadily in 2025, with the maximum reaching ₹309.88 in December and the minimum at ₹199.43 in January. This indicates a positive trajectory for investors in the coming year.

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KG Petrochem Share Price Target 2026

When Maximum Price Minimum Price
January 2026 319.17 245.52
February 2026 327.36 251.81
March 2026 340.12 261.63
April 2026 333.46 256.50
May 2026 323.74 249.03
June 2026 338.31 260.24
July 2026 331.68 255.14
August 2026 341.94 263.03
September 2026 353.90 272.23
October 2026 363.11 279.31
November 2026 372.18 286.29
December 2026 381.49 293.45

KG Petrochem’s share price is anticipated to continue its upward trajectory in 2026, with the maximum expected to reach ₹381.49 in December and the minimum at ₹245.52 in January.

KG Petrochem Share Price Target 2027

When Maximum Price Minimum Price
January 2027 389.12 299.32
February 2027 399.09 307.00
March 2027 414.66 318.97
April 2027 406.53 312.71
May 2027 394.69 303.61
June 2027 412.45 317.27
July 2027 404.36 311.05
August 2027 416.87 320.67
September 2027 431.46 331.89
October 2027 442.68 340.52
November 2027 453.74 349.03
December 2027 465.09 357.76

KG Petrochem Share Price Target 2028

When Maximum Price Minimum Price
January 2028 474.39 364.91
February 2028 486.55 374.27
March 2028 505.53 388.87
April 2028 495.62 381.24
May 2028 481.18 370.14
June 2028 502.83 386.79
July 2028 492.97 379.21
August 2028 508.22 390.94
September 2028 526.01 404.62
October 2028 539.68 415.14
November 2028 553.18 425.52
December 2028 567.01 436.16

KG Petrochem Share Price Target 2029

When Maximum Price Minimum Price
January 2029 578.35 444.88
February 2029 593.18 456.29
March 2029 616.31 474.08
April 2029 604.22 464.79
May 2029 586.63 451.25
June 2029 613.02 471.56
July 2029 601.00 462.31
August 2029 619.59 476.61
September 2029 641.28 493.29
October 2029 657.95 506.12
November 2029 674.40 518.77
December 2029 691.26 531.74

KG Petrochem Share Price Target 2030

When Maximum Price Minimum Price
January 2030 705.08 542.37
February 2030 723.16 556.28
March 2030 751.37 577.97
April 2030 736.63 566.64
May 2030 715.18 550.14
June 2030 747.36 574.89
July 2030 732.71 563.62
August 2030 755.37 581.05
September 2030 781.81 601.39
October 2030 802.13 617.03
November 2030 822.19 632.45
December 2030 842.74 648.26

Financial Condition of KG Petrochem Ltd: Last 5 years

2019 2020 2021 2022 2023
Sales 249 329 298 354 303
Expenses 218 285 261 317 277
Operating Profit 32 44 38 37 26
OPM % 13% 13% 13% 10% 9%
Other Income 8 4 8 12 6
Interest 7 10 8 8 10
Depreciation 17 18 17 17 12
Profit Before Tax 15 21 21 23 11
Tax % 43% 15% 27% 25% 30%
Net Profit 9 17 16 17 8
EPS (Rs) 16.66 33.46 30.03 33.40 14.92
Dividend Payout % 0% 0% 0% 0% 0%

Over the past five years, KG Petrochem has demonstrated a mixed financial performance. The company experienced a compounded sales growth of 6%, reflecting a moderate upward trajectory. However, the compounded profit growth was stagnant at 0%, indicating challenges in translating sales into profitability.

The stock price exhibited a Compound Annual Growth Rate (CAGR) of 26% over the same period, showcasing investor interest but with a recent dip of -5%. Return on equity witnessed a slight decline from 11% to 5% over the last five years, suggesting a need for sustained efforts to enhance profitability and shareholder value.

FAQS

What is the projected share price target for KG Petrochem from 2024 to 2030?

Based on historical data, the projected share price target for KG Petrochem Ltd is expected to increase steadily over the next few years.

Can KG Petrochem reach 1000 INR by 2025?

While it’s difficult to make precise predictions, KG Petrochem Ltd has shown steady growth in recent years, and it’s possible that the share price could reach 1000 INR by 2025.

What factors affect the share price of KG Petrochem Ltd?

The share price of KG Petrochem Ltd is affected by a range of factors, including market conditions, the company’s financial performance, and industry trends.

What is the historical performance of KG Petrochem’s share price?

KG Petrochem’s share price has shown steady growth over the past few years, with some fluctuations based on market conditions.

How does KG Petrochem’s financial performance affect its share price?

Positive financial performance, such as increased revenue and profits, can lead to an increase in share price, while negative financial performance can lead to a decrease.

What is the dividend payout history of KG Petrochem?

KG Petrochem Ltd has not paid out any dividends in the past few years.

How does the petrochemical industry affect KG Petrochem’s share price?

The petrochemical industry can have a significant impact on KG Petrochem’s share price, as industry trends and market conditions can affect the company’s financial performance.

Should investors consider buying shares in KG Petrochem?

While every investment carries some degree of risk, KG Petrochem Ltd has shown steady growth in recent years and may be a good opportunity for investors looking to invest in the petrochemical industry. Investors need to do their research and consider their risk tolerance before making any investment decisions.

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Conclusion

In conclusion, KG Petrochem Ltd. presents a nuanced investment opportunity. While the company has demonstrated consistent sales growth and has successfully reduced its debt, certain challenges remain. Despite reporting profits, KG Petrochem’s decision not to pay dividends raises concerns for income-seeking investors.

Additionally, the stock’s trading below its book value hints at undervaluation but also prompts scrutiny regarding the company’s financial stability. The inclusion of other income in earnings and the potential capitalization of interest costs further highlights the need for cautious assessment. With a low return on equity and an insufficient interest coverage ratio, the company’s profitability and financial health warrant careful consideration. Investors should weigh these factors alongside the company’s growth potential before making investment decisions.

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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