Kaira Can Company Share Price Target 2024, 2025, 2026 to 2030

Are you trying to find the next hot stock to buy? Just consider Kaira Can Company Ltd. This company is well-positioned for growth and prosperity in the years to come with a potential share price target of 2024 to 2030. But everyone is wondering if it’s a wise investment to purchase this stock. To find the solution, we’ll go into the financial statistics and estimates in this post.

We’ll examine the critical elements that could turn Kaira Can Company into a viable investment prospect, from sales growth to profit margins. Prepare yourself to make an informed decision about your portfolio and learn more about Kaira Can Company’s prospects.

How to purchase Kaira Can Company shares?

Below are the trading platforms that you can use to purchase Kaira Can Company Ltd shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Kaira Can Company Share Price Prediction: 2024 to 2030

Kaira Can Share Price Target 2024

As of June 14, 2024, Kaira Can’s share price stands at ₹1,933, with a market cap of ₹178 crore. The projected share price targets for 2024 range from a minimum of ₹1,815.34 in June to a maximum of ₹2,313.76 in December. The stock has a high/low of ₹2,765/1,875, a P/E ratio of 47.2, and a book value of ₹941.

Kaira Can Share Price Target 2025

Kaira Can Share Price Target 2026

For 2026, Kaira Can’s share price targets range from a minimum of ₹2,234.94 in January to a maximum of ₹3,472.66 in December, indicating a strong upward trend throughout the year.

Kaira Can Share Price Target 2027

Kaira Can Share Price Target 2028

Kaira Can Share Price Target 2029

Kaira Can Share Price Target 2030

Financial Condition of Kaira Can Company Ltd: Last 5 years

Over the last five years, Kaira Can Company Ltd has shown consistent growth in its financial performance. The company’s sales have seen a steady increase from Rs. 144 crores in 2019 to Rs. 254 crores in 2023, indicating a positive trend in revenue generation. Despite rising expenses over the period, the company has managed to improve its operating profit, which rose from Rs. 10 crores in 2019 to Rs. 15 crores in 2023. Other income, although marginal, also contributed positively to the overall profitability.

Kaira Can’s profitability metrics have shown notable improvement, with net profit climbing from Rs. 4 crores in 2019 to Rs. 8 crores in 2023. This growth in profitability is reflected in the earnings per share (EPS), which increased substantially from Rs. 38.39 in 2019 to Rs. 87.19 in 2023. Moreover, the company’s dividend payout percentage has remained relatively stable, reflecting a commitment to shareholders.

Despite economic challenges and variations in tax rates over the years, Kaira Can has demonstrated resilience and growth, underscoring its ability to adapt and thrive in a competitive market environment. These financial indicators suggest a positive trajectory for the company’s operations and financial health over the observed period.

FAQS

What is the projected share price target for Kaira Can Company by 2030?

Based on the company’s past performance and future growth prospects, some analysts project that the share price of Kaira Can Company could reach up to 7,671.44 INR by 2030.

What factors could contribute to the growth of Kaira Can Company’s share price?

Factors such as strong revenue and profit growth, innovative product offerings, strategic partnerships, and expansion into new markets could all contribute to the growth of Kaira Can Company’s share price.

Is Kaira Can Company a profitable company?

Yes, Kaira Can Company has shown consistent growth in terms of revenue and profits over the past five years.

What is the dividend payout ratio of Kaira Can Company?

The dividend payout ratio of Kaira Can Company has ranged from 10.73% to 20.44% over the past five years.

Does Kaira Can Company have a strong balance sheet?

Yes, Kaira Can Company have a strong balance sheet with a good debt to equity ratio and healthy cash reserves.

What is the company’s strategy for future growth?

Kaira Can Company aim to expand its product offerings, enter new markets, and invest in new technologies to continue its growth trajectory.

Is investing in Kaira Can Company a good idea for long-term investors?

While investing in any company carries inherent risks, Kaira Can Company has shown consistent growth and has a strong balance sheet, making it a potentially good investment option for long-term investors. However, investors should always do their own research and consult with a financial advisor before making any investment decisions.

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Conclusion

In summary, the Kaira Can Company’s financial statements reveal a good trend in terms of income growth, PAT, revenue growth, and profit increase over the previous five years. The company’s financial performance has steadily improved, demonstrating its capacity to provide profits for shareholders. Additionally, the anticipated share price targets for the upcoming several years appear encouraging, with a maximum price expectation of 7,671.44 and a minimum price of 4,937.19 by 2030. Therefore, shares of Kaira Can Company may be a suitable buy for those looking for a long-term investment opportunity. Before making any investment, however, investors should do due investigation and take into account all relevant aspects.

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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