Investors are continuously searching for potential possibilities as the stock market gets more unpredictable. Virat Industries Ltd. is one such business that has attracted interest recently. Many people are curious as to what Virat Industries’ share price goal will be in the upcoming years given the company’s strong market position and solid financial performance. Is it wise to acquire this stock? In this post, we’ll examine the company’s recent performance and forecast what its share price should be between 2024 and 2030. Continue reading to determine if buying shares of Virat Industries Ltd is the best course of action for you.
Below are the trading platforms that you can use to purchase Virat Industries Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
January 2024 | ₹225.92 | ₹196.45 |
February 2024 | ₹230.53 | ₹200.46 |
March 2024 | ₹235.23 | ₹204.55 |
April 2024 | ₹228.38 | ₹198.59 |
May 2024 | ₹225.01 | ₹195.66 |
June 2024 | ₹233.11 | ₹202.70 |
July 2024 | ₹230.78 | ₹200.67 |
August 2024 | ₹240.01 | ₹208.70 |
September 2024 | ₹249.61 | ₹217.05 |
October 2024 | ₹244.71 | ₹212.79 |
November 2024 | ₹252.05 | ₹219.18 |
December 2024 | ₹258.36 | ₹224.66 |
When | Maximum Price | Minimum Price |
January 2025 | ₹263.52 | ₹202.71 |
February 2025 | ₹270.28 | ₹207.91 |
March 2025 | ₹280.82 | ₹216.02 |
April 2025 | ₹275.31 | ₹211.78 |
May 2025 | ₹267.30 | ₹205.61 |
June 2025 | ₹279.32 | ₹214.86 |
July 2025 | ₹273.85 | ₹210.65 |
August 2025 | ₹282.32 | ₹217.17 |
September 2025 | ₹292.20 | ₹224.77 |
October 2025 | ₹299.80 | ₹230.61 |
November 2025 | ₹307.29 | ₹236.38 |
December 2025 | ₹314.97 | ₹242.29 |
Year | Maximum Price | Minimum Price |
2026 | ₹330.72 | ₹231.50 |
2027 | ₹363.79 | ₹254.66 |
2028 | ₹509.31 | ₹254.66 |
2029 | ₹440.96 | ₹220.48 |
2030 | ₹573.25 | ₹401.27 |
Financial Condition of Virat Industries: Last 5 years
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Sales | 24.13 | 26.38 | 19.56 | 24.66 | 37.68 |
Expenses | 21.18 | 23.19 | 17.47 | 21.78 | 34.62 |
Operating Profit | 2.95 | 3.19 | 2.09 | 2.88 | 3.06 |
OPM (%) | 12.23% | 12.09% | 10.69% | 11.68% | 8.12% |
Other Income | 0.14 | 0.78 | 0.66 | 0.48 | 0.73 |
Interest | 0.10 | 0.05 | 0.06 | 0.03 | 0.07 |
Depreciation | 1.94 | 1.91 | 1.76 | 1.60 | 1.54 |
Profit before Tax | 1.05 | 2.01 | 0.93 | 1.73 | 2.18 |
Tax (%) | 39.05% | 25.87% | 13.98% | 21.39% | 25.69% |
Net Profit | 0.65 | 1.48 | 0.79 | 1.35 | 1.62 |
EPS (Rs) | 1.32 | 3.01 | 1.60 | 2.74 | 3.29 |
Dividend Payout (%) | 0.00% | 0.00% | 0.00% | 36.44% | 0.00% |
FAQS
There is no guarantee that the share price of Virat Industries will reach 1000 INR by 2025. It will depend on various factors such as market conditions, company performance, and industry trends.
What is the revenue growth rate of Virat Industries?
What is the dividend payout ratio of Virat Industries?
What is the operating profit margin of Virat Industries?
Investing in any company’s shares involves risks and uncertainties, and it is essential to conduct thorough research before making any investment decisions. It is advisable to consult with a financial advisor before investing in Virat Industries shares.
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Conclusion
It is clear from Virat Industries’ financial performance over the previous five years that the company has consistently increased both its revenue and profit growth. Despite obstacles, like a drop in sales in the fiscal year 2019, the business was able to recover and even raise net profit in the fiscal year 2022. The company’s future appears promising with a strong profit margin and a solid trend in revenue growth. As a result, it can be said that purchasing shares of Virat Industries can be a wise investment with long-term potential rewards. Before making a choice, investors should take into account past trends and the company’s financial stability.
What did we learn?
- 1 How to purchase Virat Industries shares?
- 2 Virat Industries Share Price Prediction: 2024 to 2030
- 3 Financial Condition of Virat Industries: Last 5 years
- 4 FAQS
- 4.1 What is the current share price of Virat Industries?
- 4.2 What is the expected share price target of Virat Industries in 2024-2030?
- 4.3 Can the share price of Virat Industries reach 1000 INR by 2025?
- 4.4 What is the revenue growth rate of Virat Industries?
- 4.5 What is the dividend payout ratio of Virat Industries?
- 4.6 What is the operating profit margin of Virat Industries?
- 4.7 Should I buy shares of Virat Industries?
- 5 Conclusion