Do you want to know what is the share price target for the years 2022 to 2030 of Orient Bell Ltd’s share, so you are at the right destination, as well as it is a very helpful article for you, so please read this entire post you may understand more about this share?
I am an active trader in the share market for at least 7 years and 1 year before when the orient bell share price was Rs.345.80, during the analysis, I researched this share by the technical and fundamental, so that time I noted many types of positivity such as financial stats and the company strengths and limitations in this share and nowadays the orient bell share price has become double due to the more aspects which included in this article.
Here, we are going to talk about the company, products & services, business model, and basic fundamental details of Orient Bell Ltd that need to know before investing any share.
About Orient Bell Ltd
Orient Bell Ltd is one of the best India’s leading organizations. It is the part of one and only Birla Group of company. It was started in 1977 with the production of ceramic tiles with a full production capacity of 0.4 million square meters every year it has increased to 14 million. The company’s main headquarter is in New Delhi. Orient Bell’s state-of-the-art production unit at the location of Sikandrabad.
The company is trying to give tilling solutions for making an adorable India. The company Foundation is giving the message that a good foundation manages a good brand. It is also said, our company of four major foundations, renovation, foresight, goal, experience, and our products are also manufactured with the help of these aspects.
Orient Bell Ltd Products & Services
It manufactures different types of tiles like Floor Tiles, Wall Tiles, Bathroom Tiles, Kitchen Tiles, Elevation Tiles, etc. Which various types of colorful and strong. The product ceramic is strong equipment whereas the provide tiles too strong and long time strongness which is available on genuine price. Ceramic tiles look attractive.
Orient Bell Ltd Basic Fundamental Details
In this section, I am going to talk about the Price Summary of Orient Bell Ltd’s share. First, we talk about in a day, today’s high share price of this share is Rs.645.80, and today’s low share price of this share was Rs.620. it is a good performance ratio of this share. So, let’s go ahead In the time period of 52 weeks high price of this company of about Rs.822.15, and in the 52 weeks, the low share price was Rs.303.40.
Here, we predicted the possible targets of Orient Bell Ltd for the coming year 2022 to 2030 whereas according to the company growth we can say that it can be assumed these targets.
| Year | Target Of Orient Bell Ltd |
|---|---|
| 2022(Target-1) | Rs.708 |
| (Target-2) | Rs.887 |
| 2023(Target-1) | Rs.1,114 |
| (Target-2) | Rs.1,365 |
| 2024(Target-1) | Rs.1,543 |
| (Target-2) | Rs.1,771 |
| 2025(Target-1) | Rs.2,021 |
| (Target-2) | Rs.2,200 |
| 2030(Target-1) | Rs.6,187 |
| (Target-2) | Rs.6,726 |
According to the Annual Result Analysis, If we try to predict the share price target for the share of Orient Bell Ltd to the year 2022. Within the year under the financial year March 2021, it made net sales of around Rs.502.48 crores, where the net profit was Rs.7.02 crores, in the next year March 2022, It collected net sales of about Rs.654.31 crores, while the net profit was Rs.31.04 crores.
Orient Bell share has only forced the required to make digital and the company is willing to invest in this area to make customers and overall performance of the financial year 2021 is good. The common net profit of this share, calculated as per segment 198 of the act, during the previous three-year financial year was Rs.21,78,81,646. during the year, under calculation of the company has spent Rs.45,00,133. So, we can take an estimate in the upcoming year 2022 the first share price target is about Rs.708, and the second share price target is about Rs.887.
Orient Bell Ltd share has also announced that it enclosed the procedure and dial-in details for the investor’s conference call as per discussion the meeting is going to be held on Thursday, October 28, 2021, at 3:30 pm to consider the company’s un-counted financial results performance for the 2nd quarter closing September 30, 2021. According to this, the company management is focusing increase its sales and corporate customers.
When we go through the Company Essentials, Orient Bell Ltd’s share Market Cap is Rs.894.01 crore. It is a better market cap for this company and the enterprise’s value of this share is Rs.874.81 crores this is called market value. The further important point is No. Of Shares, the orient bell has made of around 1.44 crore and this share’s price-to-earnings ratio is 20.88.
Like the same, the company P/B is 3.13, and the face value is Rs.10, the further topic is the same type DIV. YIELD is around 0.16%, and the current book value is Rs.197.74. Because Orient Bell Ltd has got to know a lawyer profit growth of -44.03% in the previous 3 years and also the company has poor revenue growth of -8.12% in back 3 years. But according to the share price chart, we can say the first share price target for this in the year 2023, would be Rs.1,114. The second share price target for the year 2023 is Rs.1,365.
In this section, I am going to analyze the share price target of Orient Bell Ltd for the session of 2024, with the help of the Quarterly Report Analysis. In the financial season of December 2021, Orient Bell Ltd has got a net profit of approximately Rs.183.95 crore, If want to know about the same year’s profit after tax that was Rs.11.63 crore.
In another month of March 2022, the company has made net sales of around Rs.215.95 crore, in the same segment profit after tax was Rs.16.20 crore. In the next Month June 2022, net sales were Rs.154.50, and profit after tax was Rs.6.76 crore. Because the company has attractively repaid its debt by 19.34 crore and also its promotor holding is Rs.63.88%. So, that’s why the upcoming first share price can get Rs.1,543, as well as the second share price target, which can attain Rs.1,771.
If we go through the Fundamental Analysis of Orient Bell Ltd share. This share can get a better performance in the upcoming year because the company has different types of products like brand tiles, multi-color tiles, and printed tiles. It has ceramic experience is 44 years, which means the company is providing ceramic products for 44 years but never got any types of complaints about these products.
So, due to this the distributors and retailers are more prefer this product it is a golden opportunity to increase their valuable customers. Orient Bell Ltd is in 0 net debt, it is a good opportunity for every investor who invested in this share and the company has 3000+ tiles designs as well as 2000+ retail customer stores. Due to this, all the shareholders will get the benefit that’s why in the year 2025, the first possible share price shall be Rs.2,021. and the other share price in the share year can be Rs.2,200.
The company is going to start a new project in Sikandrabad, Utter Pradesh. The new project will increase its manufacturing capacity by more than a million Square Meters per year. The development in production capacity considers the growing demand from valuable customers for brand products and supplies.
If we talk about the Technical Analysis chart for the shares of Orient Bell Ltd we find that they were able to break out their lifetime huge resistance line according to the chart momentum. So, we can take estimate that the short-term trend for the shares of Orient Bell is positive because the has a better cash utilization experience which is 2.65.
In this paragraph, we are going to predict there are two possible targets for the same shares in the year 2030. The first target which the shares of this company are able to achieve is around Rs.6,187. If the company will perform like this the second, possible target that the same share can attain at the end of the year 2030 is about Rs.2,726.
Conclusion
In this article, I have done a detailed analysis of Orient Bell Ltd Share Price Target 2022, 2023, 2024, 2025, And 2030. In this post, we have tried to include every aspect in our article which is really required to know on investing in any specific company shares. All over this article, I am going to tell some strengths that will become a good idea that helps in investing.
I am a skillful trainer of the share market for the last 7 years. I have better knowledge of technical analysis, fundamental analysis, chart understanding, writing about share market, investing as well as trading which I wanted to spread all over the people.