HLE Glascoat Share Price Target 2023, 2024, 2025, 2030
Hello friends! Today we will discuss the HLE Glascoat Share Price Target 2023, 2024, 2025 and 2030. In this article, we will try to predict what the future share price target may be for HLE Glascoat company. This article will provide you with a technical and fundamental analysis of HLE Glascoat shares.
About HLE Glascoat Company
HLE Glascoat company manufactures glass lined equipment and filtration and drawing equipment. The company also manufactures engineering processing equipment. The company’s products are used in APIs & Pharma, Specialty Chemicals and Agrochemicals. The company also has a reliable, robust clientele.
If we glance at the figures of financials for this firm it is evident that the business has a balance of 190 crore. The company also has an in-house cash reserve of 255 crore. Over the past five years, earnings and sales have witnessed a huge increase.
HLE Glascoat Company Share Price Target 2023
The company’s products appear to be market leaders in their segment. In the Filtration & Drying Equipment segment, the company’s product occupies 60% of the market and 57% of the company’s revenue is also seen coming from this segment. Apart from this, it is the second largest company in India in terms of manufacturing glass lined equipment and in this segment, the company has 30% market share.
If we talk about the price target of the company’s stock in 2023, then the company’s stock is seeing a significant decline from its upper level. The company’s stock is 52 weeks high at Rs 7555 and the stock is currently available at a great discount from this price.
With the rise in the market, the company’s share price can also see a good jump again. In the HLE Glascoat Company Share Price Target 2023, the first target can be seen up to Rs 755 and the second target can be seen up to Rs 850.
HLE Glascoat Company Share Price Target 2025
If we look at the growth in sales of the company over the past five years, it has seen a tremendous jump. The main reason for this is the good management of the company and the strong client network of the company. In the coming time, the company management will be seen making every effort to increase its client network along with increasing the quality and production capacity of its product.
If we talk about the company’s future share price target, then the company appears to be the market leader in its segment. In the coming time, the company management will be seen trying its best to spread its business in India as well as abroad. If the company management succeeds in doing so, then in the HLE Glascoat share price target 2025, the stock can again be seen trading above its high price of Rs 1255.
HLE Glascoat Company Share Price Target 2030
The company expects 60 percent of their revenues comes from the clients with the highest percentage of sales. In such a situation, if one or two big customers leave the company, then it will have a good impact on the company’s sales.
The company will see competition from companies like Praj Industries, Thermax in future. But the company’s business model is quite good and the company management also has a good experience.
If the company management manages its business well, then the company’s sales growth and net profit can be expected to see a good jump.
If we talk about HLE Glascoat Company Share Price Target 2030, then you should try to estimate the future price target of the company’s stock yourself based on the information given by us.
Is it the right time to buy the company’s stock?
The company’s stock is currently seeing a much higher fall than its high price of Rs 7550. But looking at the company’s sales growth and fundamentals, it can be assumed that the company’s stock will see a good boom again.
Based on the strong decline in the price of the company’s stock as well as the company’s financial and fundamentals Experts in the stock market believe that the company’s stock is suitable for both short- and long-term investment.
