2024 GOYAL ALUMUNIUM SHARE PRICE TARGET

2024 GOYAL ALUMUNIUM SHARE PRICE TARGET IS ₹47 now trading only ₹ 9.40 .Let us know how else GOYAL ALUMINIUMS fundamentals are quite strong. 2024 GOYAL ALUMINIUM Share has seen quite rapid growth in its quarter results, it is a micro cap company or along with its fundamentals or business policy, it is competing in the list of peer competitors of a big company. As the name suggests which sector it belongs to, it is a leading company of aluminum sheets, aluminum coil, all types of aluminum parts or almost all aluminum sections manufacturing by Goyal aluminum .

Goyal Aluminum is a penny stock so the stock P/E is around 84 or if we talk about ROE it is 13.1%. The stock is trading higher than its book value but its Assert or reserve has increased significantly, Goyal Aluminum’s debtors have been seen decreasing in days or in the coming days it will also create a debt free company which will be a good value for the stock.

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2024 GOYAL ALUMUNIUM SHARE PRICE TARGET

GOYAL ALUMUNIUM	CLICK4INVESTING.COM
MARKET CAP	₹166 Cr
HIGH/LOW	₹47.6 / 7.19
ROE	13.1%
ROCE	18.4%
STOCK P/E	84.00
DIVEDEND YIELD	0.00%
BOOK VALUE	₹1.31
FACE VALUE	₹1.00

2024 GOYAL ALUMUNIOUMONE YEAR CHART PATTERN

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PROS AND CONS OF GOYAL ALUMUNIUMS

PROS	CONS
* The company’s debt is almost exhausted	* 8.93 times trading from its Book Value
* Therefore it can be called a debt free company.	* The company has poor sales growth in the last 5 years, approximately 10.6%.

KEY POINTS OF GOYAL ALUMUNIUMS:

It is a microcap company whose engagement is in aluminum sheet, aluminum coil or many metals or energy sector, the market cap of this stock is only ₹ 163 Cr, so it would not be wrong to call it a penny stock.

Fundamentals :Despite being a micro company, its fundamentals or sales growth are quite strong, if we talk about the competitors of Goyal Alumunium, it has become bigger than its peers like MMTC,PDS,REDINGTON,CELLO WORLDS.

DEBT: the company has maintained its debt continuously since last few quarters.* The company’s debt is almost exhausted,* Therefore it can be called a debt free company.
TRADING IN PRODUCTS: Alumunium Coil, Alumunium Sheets, Rubber Bidding ,Stainless Steel ,

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GOYAL ALUMUNIUMS SHARE HOLDING PATTERNS

HOLDINGS	MARCH 2019	MARCH 2020	M,ARCH 2021	MARCH 2022	MARCH 2023	JUNE 2023	SEP 2023
PRO MOTERS	71.03%	71.03%	71.03%	71,03%	71,03%	69,97%	69.97%
FIIS	0.00%	0.00%	0.00%	0.00%	0.01%	0.47%	0.01%
DIIS	28.97%	28.97%	28.97%	28.97%	28,97%	29.56%	30.03%
GOVERNMENTS	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

GOYAL ALUMUNIUMS SHARE PRICE TARGET 2024,2025,2026,2027 TO 2032

YEAR	MINIMUM SHARE PRICE	MAXIMUM SHARE PRICE	AVERAG SHARE PRICE
2024	₹8.90	₹17.00	₹10.00
2025	₹18.00	₹29.50	₹22.00
2026	₹26.00	₹42.00	₹37.00
2027	₹38.00	₹67.00	₹54.00
2028	₹55.00	₹79.00	₹62.00
2029	₹64.00	₹87.00	₹82.00
2030	₹83.00	₹98.00	₹95.00
2031	₹93.00	₹115.00	₹108.00
2032	₹112.00	₹132.00	₹125.00

CONCLUSION : Promoters in the company have not decreased their holdings which is good news for the future growth of the stock or DIIS has made a lot of purchases, this all shows that the stock has a lot of potential for future growth.

FAQ :

• Is Goyal Aluminum a large cap company !
• NO! it is micro small cap company.
• Is Goyal Aluminum BSE May Listed?
• YES! Goyal Aluminum is listed both exchange NSE or BSE.
• What is the work of Goyal Aluminum?
• It is a leading company of aluminum sheets, aluminum coil, all types of aluminum parts or almost all aluminum sections manufacturing by Goyal aluminum
• What is the name of the founder of Goyal Alumunium?
• SANDEEP GOYAL , Founder of Goyal Alumunium.