Do you want to look the share price target for the future year of Sona BLW Precision Forgings Ltd? It is a golden time to know about this share because the sonacoms are in good forms technically and fundamentally I hope you will learn some extra about this share.
At the time of analysis, we have noticed in the monthly time frame on the date of listing time the share price has never come down because the market is in high momentum and after some time the market has come down at 50% level, but steel market again wants to bullish and may be achieved all the targets. So kindly read this full article and know more some extra.
In this article, firstly I am going to start with the SONACOMS Ltd, services, products, and basic information so that will know more about this share.
About SONACOMS Ltd
Sona BLW Precision Forgings Ltd is India’s growable automotive technology company which is manufacturing and supplying high technology, designing various types of vehicles along with a powerful focus on research and development. It is a stable mechanical and electrical hardware system element as well as basic and application software.
The SONACOMS was listed on the National Stock Market on the year 24 June 2021, with a share price of Rs.301. After listing the company started doing growth and they never come down in sales growth. Guy’s on the basis of Price Summary Today’s high share range of SONACOMS is Rs.581.65, and Today’s low price of the company is Rs.554.50.
SONACOMS Ltd Basic Fundamental Details
The previous 52 weeks’ high range of the Sona BLW Precision Forgings Ltd is Rs.839.90, and the previous 52 weeks’ low share price is Rs.408. Now, I am going to talk about the company Price Chart in which in only one week the company has achieved an absolute return of at least -1.09%. In one month, SONACOMS has collected an absolute return of around Rs.-1.6%.
In this section, I am going to talk about the SONACOMS team collaboration activities. The SONACOMS is assisting along with future skill prime so that the Nasscom digital skilling components to ability up its employees in making last digital technologies with the sector prefer and Govt. identifies on the base of curriculum courses.
On the basis of technical chart analysis by the use of Fibonacci retracement, we have predicted some possible future targets of Sona BLW Precision Forgings Ltd. It is a real alive chart price which is mentioned below.
|Year||Target Of Sona BLW Precision Forgings Ltd|
The base of Fundamental Analysis I am going to take estimate the share price target of Sona BLW Precision Forgings Ltd for the year 2022. The market expert has to say on this share that for the long-term the share should behold because the company performance is better as well as promotors is also good. In the long-term this company looking for a good form.
During the financial year 2021, on an approved basis of net profit which is increased by around Rs.216.04 crore. If we talk about the back session it was not a good cause for the global environment in the automotive industry due to the spreading Covid-19 and related entire lockdowns in India and all over the countries across the world towards the end of the year. Profit for the year 2022 increased by Rs.553.54 crore.
On a consolidated basis, In 2021 the company has net sales increased by Rs.1,404 crore in the financial year 2022 from Rs.1,939.05 crore versage the financial year 2018-2019 due to the synchronization of ComStar entities with effect from July 2019, during the year the company sold their products 81%. Still, the company has financially strong and all about the fundamental analysis we can estimate the first share price target of SONACOMS for the year 2022 is Rs.653. If the company will perform similarly so, it may be the second share price target of the company for the year 2022 is RS.749.
So, friends now we are going to tell you some Quarterly Report Analysis for the shares of Sona BLW Precision Forgings Ltd which help you to know more about the Company Shares and the data which we get from the ticker. finology.in I find any missing data regarding one of the best companies that are Sona BLW Precision Forgings Ltd so will not going to be responsible for this aspects.
According to the Quarterly Report Analysis, in the financial year December 2021, the company has made net sales of around Rs.439.14. due to the poor sales growth due to the environment of the covid-19 pandemic all over the world. In the same year, the company earned a total interest of around Rs.3.05 crore. Guy’s, If we want to know for the same year of about profit after tax which is Rs.76.11 crore. In the next financial Month March 2022, the company has made net sales of around Rs.496.05 crore whereas the interest was Rs.3.19 crore. Under Mentioned in the quarterly report analysis the first share price for the year 2023 is Rs.856, after this the second share price target in the year 2023 is possible to Rs.931.
So, friends now we are going to tell you some company essentials for the shares of Sona BLW Precision Forgings Ltd which help you to know more about the Company Shares and the data which we get from the ticker. finology.in I find any missing data regarding one of the best companies that are Sona BLW Precision Forgings Ltd so will not going to be responsible for this aspects.
In this section, I am going to tell about the company essentials in which the Market Cap of the company is Rs.30,436,01 crore. Now the next point is enterprise value which is a measure of a company’s total value, it is used as a more financial price to earn equity and enterprises value which is Rs.30,745.56 crore. The no. of shares of the company is Rs.58.44 crore. Ahead is the price-to-earnings ratio, which is a major part of the company whereas 93.68. According to the balance sheet analysis, the first share price of the company in the year 2024 would be Rs.1,028, and the second share price target may be Rs.1,134.
The main thing of the company in the auto sector is its sale, the company has shown an outstanding sales growth of around 42.41%, and in the current quarter sales of the company was Rs.264.01 crore. To inquire whether the SONACOMS inventory is being sold or not sales structure is true, Inventory turnover is the major role of the company that is managing its inventory poorly. On the basis of company performance and strong management if we want to forecast the first share price in the year 2025 to be just Rs.1,210. The company is increasing its sales growth as similar therefore in the same year the second share price of the company may be Rs.1,306.
The Sona BLW Precision Forgings Ltd accounts for the net profit growth of 123.65% over the financial year where the assured financial year profit is Rs.188.04 crore if we compared to the back financial year of Rs.84.08 crore. The operating profit of SONACOMS in the latest quarter is Rs.86.53 crore. It helps in accounting for the company’s running performance which is used to make financing decisions.
If we go through the chart and vaticinate the share price target of Sona BLW Precision Forgings Ltd for the financial year 2030, we predict the first share price target which is the share of this company can attain around Rs.3,616 because the company has informed that the trading window for dealing a new project.
The company after attaining these components’ share price of Sona BLW Precision Forgings Ltd will show a downward trend so, so that’s why the second possible share price target of this share for the same year 2030, may be achieved of around Rs.4,167. Sona BLW Precision Forgings Ltd gives a ROCE of Rs.17.37% a share. That tells us that SONACOMS likes to share profit along with its shareholders. The company dividend yield is low at 0.28%. The share of promoter holders in this company is high at 67.18%, where the company average ROE is 15.96%.
In this article, I have done a detailed analysis of the SONACOMS Share Price Target/Prediction/Forecast 2022, 2023, 2024, 2025, And 2030 and I have tried to include every required component in this article which is really essential so that to know before investing in any specific company shares which include company strength, limitations, share price target for the company shares, try to tell every relatable updated news.
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.