Tega Industries Share Price Target/Prediction/Forecast 2022, 2023, 2024, 2025, And 2030: Hello Friends, Today's article I am going to talk about one of the best shares which are going to list in the National Stock Market. It is a golden opportunity to take participate in this share. Also, the company is well maintained in financial condition that is Tega Industries. So, let us go ahead and know more about this share.
Table Of Content
Tega Industries Share Price Target/Prediction/Forecast 2022, 2023, 2024, 2025, And 2030
Tega Industries especially a manufacturer of Mineral. The company has been listed in NSE on the date of 13/12/2021 with an attractive share price of about Rs.760. It is a good occasion to include in this share because it is a good company on the basis of strengths. If talk about the company strengths so it has strong promoter along with the over than 40 years of experience in the sector. Also, its engineering capacity, which has developed over decades. In this share, the QIB shares offered is 50%, Retail share offered is 35%, and NII (HNI) shares offered is 15%.
Updated News is that the company is coming out along with a 100% book segment of around Rs.1,36,69,478 shares of Rs.10 every in a price band Rs.443 to Rs.453 of per equity share. According to the industry overview in this company the collaboration of mining and quarrying sectors, both in cases of suggestive and actual GDP. It is one of the largest manufacturers of polymer-based mill liners.
| Year | Target Of Tega Industries |
|---|---|
| 2022(Target-1) | Rs.1035 |
| (Target-2) | Rs.1384 |
| 2023(Target-1) | Rs.1572 |
| (Target-2) | Rs.1746 |
| 2024(Target-1) | Rs.2153 |
| (Target-2) | Rs.2662 |
| 2025(Target-1) | Rs.2967 |
| (Target-2) | Rs.3243 |
| 2030(Target-1) | Rs.9216 |
| (Target-2) | Rs.9578 |
Tega Industries Share Price Target/Prediction/Forecast 2022
In this section, I am going to talk about the Fundamental Analysis of Tega Industries. So, first of all, we cover the company's basic points. It has been incorporated in the year 1976. The main business of the Tega Industries Distribution, and Manufacturing of Mineral and Minning products. If we talk about updated data of 2020, it is the second biggest company for polymer manufacturing. At the present, the company has a total of 55 major products and 6 manufacturing units. The overview of Fundamental Analysis If we try to predict the first share price in the year 2022 should be Rs.1025. If the company performs like this so the next share price should be Rs.1384.
Tega Industries Share Price Target/Prediction/Forecast 2023
When we go through the Company Essentials, the first point is the Market Cap which we can able to see the Tega Industries Market Cap is Rs.0, with the reason of Tega Industries in the current time out of National Stock Market so, that's why it has made none market cap. The next point is Enterprises Value whereas the attractive Market value of around Rs.152.95 crore and the total No. Of Shares of this company which is Rs.5.76 crore. The further object is Face Value which is Rs.10. Same Like its Book Value is Rs.82.42. Tega Industries has total cash of approximately Rs.1.18 crore. It has total Debt of around Rs.154.13 crore. So, According to the Company Essentials, we can observe for the year 2023 the share price of Tega Industries will be Rs.1572. The other share price target would be Rs.1746.
Tega Industries Share Price Target/Prediction/Forecast 2024
In this segment, I am going to consider the share price target for the year 2024 on the basis of the Profit and Loss of Tega Industries. In the financial year 2019, the company has made net sales of around Rs.443.97 crore and in the same season of net profit was Rs.50.86 crore, it was a good net sales and profit for this season. Because in the year March 2019, the product sales have come down for the many sectors due to corona pandemic. In the next year 2020, the company has made a net sales of about Rs.447.18 crore, for the same year of net profit of about Rs.64.47 crore. It was better net sales and net profit for the Tega Industries that's we can take an estimate of the primary share price in the year 2024 would be Rs.2153, and the second share price target should be Rs.2662.
Tega Industries Share Price Target/Prediction/Forecast 2025
According to the Tega Industries Strength If we try to forecast the share price target for the year of 2025. So, friends as per the latest data in the past 3 years the company presence is available in more than 70 countries as well as it has 513 installation units which are handled in a good way. Tega Industries has a global track record of mining companies. Its product category is engineered along with a combination of mineral processing engineering and material sciences. According to the company's strengths, it is too strong in financial condition and physical so the first share price of Tega Industries in the year 2025, shall be Rs.2967. The secondary share price target may be Rs.3243.
Tega Industries Share Price Target/Prediction/Forecast 2030
On the basis of the Balance Sheet Analysis Report in the financial year 2019, the current liabilities of the company were Rs.733.68 crore, and in the same season of total investment was Rs.204.86 crore, If we talk about the same year of current assets of about Rs.378.84 crore. As the same, we going to cover the next financial year March 2020, the current liabilities of Tega Industries were Rs.218.01 crore, and investment was Rs.280.68 crore if we want to know the current assets for the same year was Rs.432.14 crore. All the aspects of the balance sheet report the company performance is too good. Therefore the first share price target for the year 2030 of about Rs.9216, and the second share price target can be Rs.9576.
Conclusion
In this article, we have predicted about one of the top companies which likely to be listed in the NSE on the date of 13/12/2021. In this article, I have covered more and about the Tega Industries Share Price Target/Prediction/Forecast 2022, 2023, 2024, 2025, And 2030. Also, I have mainly focused on Company Financial Stats, Fundamental Analysis, Strengths, and Limitations, etc. If you think that this post can be useful so kindly share and comment on this post.
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