POKARNA LTD SHARE PRICE TARGET 2023-2030. CAN IT REACH 1000INR BY 2025?

Investors are constantly searching for attractive stocks that have the potential to generate significant long-term profits. One stock that has recently caught the interest of many investors is Pokarna Ltd, a prominent producer and exporter of quartz surfaces. Can Pokarna Ltd hit the INR 1000 mark by 2025? is the question on everyone’s mind given the recent spike in its share price. In order to establish whether Pokarna Ltd. is a good stock to buy and whether it can achieve this lofty share price goal in the upcoming years, we will look more closely at the company’s financials, growth potential, and future prospects in this article.

How to purchase Pokarna Ltd shares?

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

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Pokarna Ltd Share Price Prediction: 2023 to 2030.

Pokarna Ltd Share Price Prediction 2023.

When Maximum Price Minimum Price
April 2023 ₹379.85 ₹292.19
May 2023 ₹316.54 ₹243.49
June 2023 ₹379.85 ₹292.19
July 2023 ₹455.82 ₹350.63
August 2023 ₹501.40 ₹385.69
September 2023 ₹526.47 ₹404.98
October 2023 ₹501.40 ₹385.69
November 2023 ₹551.54 ₹424.26
December 2023 ₹617.73 ₹475.17

The table shows the predicted share prices of Pokarna Ltd for the year 2023. The maximum price for the year is forecasted to be ₹617.73 in December 2023, while the minimum price is expected to be ₹243.49 in May 2023. This indicates a significant growth percentage of around 153% from the minimum to the maximum price. Overall, the trend seems to be bullish, with an uptrend expected throughout the year. The prices are expected to increase from May 2023, and the highest growth is expected between July and December 2023. However, it is important to note that these are only predictions, and actual prices may vary depending on various market and economic factors.

Pokarna Ltd Share Price Prediction 2024.

When Maximum Price Minimum Price
January 2024 ₹650.24 ₹500.18
February 2024 ₹730.61 ₹608.84
March 2024 ₹769.06 ₹625.25
April 2024 ₹699.14 ₹537.80
May 2024 ₹582.62 ₹448.17
June 2024 ₹699.14 ₹537.80
July 2024 ₹594.27 ₹460.68
August 2024 ₹653.70 ₹518.81
September 2024 ₹686.38 ₹527.99
October 2024 ₹807.51 ₹621.16
November 2024 ₹847.89 ₹652.22
December 2024 ₹864.85 ₹665.27

The table shows the predicted share prices of Pokarna Ltd for the year 2024. The maximum price target for the year is forecasted to be ₹864.85 in December 2024, while the minimum price target is expected to be ₹448.17 in May 2024. This indicates a potential return of around 93% from the minimum to the maximum price targets. However, the trend appears to be bearish in the first half of the year, with prices expected to decline from April to June 2024. The prices are expected to recover and increase gradually from July 2024, with the highest growth expected in October and November 2024.

Pokarna Ltd Share Price Prediction 2025.

When Maximum Price Minimum Price
January 2025 ₹882.14 ₹678.57
February 2025 ₹928.57 ₹714.29
March 2025 ₹975.00 ₹750.00
April 2025 ₹870.53 ₹669.64
May 2025 ₹791.40 ₹608.77
June 2025 ₹870.53 ₹669.64
July 2025 ₹829.08 ₹637.75
August 2025 ₹863.63 ₹664.33
September 2025 ₹906.81 ₹697.54
October 2025 ₹961.22 ₹739.40
November 2025 ₹1,028.50 ₹791.15
December 2025 ₹1,049.07 ₹806.98

According to the table, Pokarna Ltd’s share price targets for the year 2025 show an average target of around ₹908.56. The maximum price target for the year is forecasted to be ₹1,049.07 in December 2025, while the minimum price target is expected to be ₹608.77 in May 2025. This indicates a potential upside of around 72% from the minimum to the maximum price targets. Based on these targets, investors should weigh their options and consider the risks involved before investing in Pokarna Ltd.

Finances rule

Pokarna Ltd Share Price Prediction 2026-2030.

Year Maximum Price Minimum Price
2023 ₹617.73 ₹243.49
2024 ₹864.85 ₹500.18
2025 ₹1,049.07 ₹669.64
2026 ₹734.35 ₹514.04
2027 ₹624.20 ₹436.94
2028 ₹1,123.55 ₹786.49
2029 ₹2,307.96 ₹1,615.57
2030 ₹2,570.22 ₹1,799.16

According to the given data, the share price target for Pokarna Ltd in 2026 is expected to be between ₹734.35 (minimum price) and ₹514.04 (maximum price). The share price target for the following years is forecasted to increase significantly. By 2027, the share price target is expected to be between ₹624.20 (minimum price) and ₹436.94 (maximum price). By 2028, the share price target is expected to increase to a maximum of ₹1,123.55 and a minimum of ₹786.49. The year 2029 shows a significant jump in the share price targets, with a maximum price of ₹2,307.96 and a minimum price of ₹1,615.57. The targets for the year 2030 indicate a maximum price of ₹2,570.22 and a minimum price of ₹1,799.16. These targets suggest a potential growth for the company in the upcoming years, and investors should weigh their options accordingly. However, it is important to note that these are only predictions, and actual prices may vary depending on various market and economic factors.

Financial Condition of Pokarna Ltd: Last 5 years

Narration Mar-18 Mar-19 Mar-20 Mar-21 Mar-22
Sales 335.08 459.36 393.36 294.51 649.64
Expenses 240.16 315.03 261.65 211.86 474.29
Operating Profit 94.92 144.33 131.71 82.65 175.35
Other Income 5.9 9.08 5.49 6.06 2.53
Depreciation 19.88 25.54 23.21 21.38 38.57
Interest 29.8 26.64 23.19 22.12 37.41
Profit before tax 51.14 101.23 90.8 45.21 101.9
Tax 8.9 20.56 20.07 16.92 23.59
Net profit 42.24 80.68 70.73 28.29 78.3
EPS 13.63 26.03 22.82 9.13 25.26
Price to earning 13.04 6.57 2.19 28.86 29.52
Price 177.7 171 50 263.35 745.65
RATIOS:
Dividend Payout 4.40% 2.31% 2.63% 6.57% 2.38%
OPM 28.33% 31.42% 33.48% 28.06% 26.99%

The financial bank statement of Pokarna Ltd for the last five years shows both ups and downs in the company’s growth. The company’s revenue grew from ₹335.08 crore in March 2018 to ₹649.64 crore in March 2022, representing a significant percentage growth of 94.14%. However, the company’s expenses also increased during this period, from ₹240.16 crore to ₹474.29 crore, indicating that the company faced higher costs. Despite this, Pokarna Ltd’s operating profit increased from ₹94.92 crore to ₹175.35 crore, indicating that the company’s operations were becoming more efficient. Additionally, the company’s net profit fluctuated over the years, with a maximum of ₹80.68 crore in March 2019 and a minimum of ₹28.29 crore in March 2021. The company’s EPS showed an increasing trend, while its P/E ratio fluctuated. The company’s dividend payout ratio remained relatively low.

Pokarna Ltd share price target by Experts

Sharekhan on Pokarna Ltd share price target

Sharekhan has given a buy call on Pokarna Ltd. According to him, you can continue buying Pokarna Ltd share with a target price of Rs380.

Motilal Oswal on Pokarna Ltd share price target

Motilal Oswal has given a buy call on Pokarna Ltd. According to him, you can continue buying Pokarna Ltd share with a target price of Rs405.

FAQS

What has been the historical performance of Pokarna Ltd’s stock?

Pokarna Ltd’s stock has shown significant growth in recent years, with its price increasing from ₹243.49 in March 2023 to ₹745.65 in March 2022.

What is the target price for Pokarna Ltd’s stock in 2025?

Based on the available data, Pokarna Ltd’s stock has the potential to reach ₹1,000 by 2025.

What factors could affect Pokarna Ltd’s stock performance?

Factors such as market conditions, global demand for granite and engineered stone products, and the company’s financial performance could all impact the performance of Pokarna Ltd’s stock.

What has been the trend in Pokarna Ltd’s revenue growth over the past five years?

Pokarna Ltd’s revenue has shown an overall growth trend, with a peak of ₹649.64 in March 2022, compared to ₹335.08 in March 2018.

What has been the trend in Pokarna Ltd’s net profit over the past five years?

Pokarna Ltd’s net profit has shown some fluctuations over the past five years, with a peak of ₹80.68 in March 2019 and a low of ₹28.29 in March 2021.

What has been the trend in Pokarna Ltd’s operating profit margin (OPM) over the past five years?

Pokarna Ltd’s OPM has shown some fluctuations over the past five years, with a peak of 33.48% in March 2020 and a low of 26.99% in March 2022.

Has Pokarna Ltd paid dividends to its shareholders in recent years?

Yes, Pokarna Ltd has paid dividends to its shareholders in the past five years, with a dividend payout ratio ranging from 2.31% to 6.57%.

What is the current market sentiment towards Pokarna Ltd’s stock?

The current market sentiment towards Pokarna Ltd’s stock is generally positive, with some analysts predicting further growth potential.

Should investors consider buying Pokarna Ltd’s stock?

While there are always risks associated with any investment, based on the available data, Pokarna Ltd’s stock could present a growth opportunity for investors looking to diversify their portfolios in the construction materials sector. However, investors should conduct their own research and due diligence before making any investment decisions.

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Conclusion

Over the past five years, Pokarna Ltd has experienced a considerable increase in both its revenue and earnings. The company has shown steady and outstanding growth, with a CAGR of 18.15% in revenue and 17.26% in PAT. With an anticipated maximum price of 2,570.22 and a minimum price of 243.49, the forecasted share price objectives for 2023 to 2030 also indicate excellent possibilities for investors. The company presents a compelling investment opportunity due to its sound financial position and ambitious expansion plans in the US and Europe. Given its past performance and potential for future growth, investing in Pokarna Ltd shares may be a wise choice.

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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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