SHALIMAR WIRES PRICE TARGET 2024 TO 2030 Shalimar wires industries ltd is trading at ₹ 25. It is a (MSME) micro small medium enterprises category and its engagement is in paper mills products or EDM wires. Because it is an MSME registered company, hence it has come in the list of a micro cap. The market cap of the company is approximately ₹ 109 crores. This stock is trading near its all time high as of today. The stock has a lot of potential to become a multi-millionaire because the stock sector is very strong,
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SHALIMAR WIRES PRICE TARGET 2024 TO 2030
| SHALIMAR WIRES PRICE | CLICK4INVESTING.COM |
|---|---|
| MARKET CAP | ₹ 109 Cr |
| HIGH / LOW | ₹ 30.3 / 9.52 |
| STOCK P/E | % |
| ROE | 1.77% |
| ROCE | 13.2% |
| DIVEDEND YIELD | 0.00% |
| BOOK VALUE | ₹ 8.24 |
| FACE VALUE | ₹ 2.00 |
0NE YEAR CHART OF SHALIMAR WIRES PRICE TARGET 2024 TO 2030
IMAGE SOURCE CREDIT : TRADING VIEW
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SHARE HOLDING PATTERNS OF SHALIMAR WIRES PRICE TARGET 2024 TO 2030
| HOLDINGS | MARCH 2021 | SEP 2021 | DEC 2021 | MARCH 2022 | DEC 2022 | MARCH 2023 | SEP 2023 | DEC 2023 |
|---|---|---|---|---|---|---|---|---|
| PROMOTERS | 65.64% | 65.64% | 65.64% | 65.64% | 65.64% | 65.64% | 65.64% | 65.64% |
| FIIS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIS | 1.81% | 1.65% | 1.65% | 1.65% | 1.65% | 1.65% | 1.65% | 1.65% |
| PUBLICS | 32.55% | 32.71% | 32.71% | 32.71% | 32.71% | 32.71% | 32.71% | 32.71% |
| GOVERNMENT | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MAJOR POINTS : SHALIMAR WIRES PRICE TARGET 2024 TO 2030
DEDICATION OF COMPANY : The stock is also reducing its debts quarter by quarter, the company is more focused on increasing its assets or sales or at the same time the company is also reducing its reserves. The company is constantly trying to grow from quarter’s to micro cap but seeing its engagement or dedication, it seems that the future growth of the company is quite strong in the coming year.
ABOUT COMPANY : Shalimar wires was incorporated in 1996 or as MSME it was registered on 6th July 2020. The company is manufacturing various mechanical tools like commercial sewing machine or seaming machine ,other Mecheniary equipment and also has one unit in “uttarpara “West Bengal.
PROMOTERS : Talking about promoter holding, promoter holding is around 64% or FIIS has not yet bought but DIIS has bought around 1.5% or retail public category has bought more than 30%, promoters of the company. There is a lot of trust in the company so the promoter’s are not increasing their holdings or the business sector is also very strong so if the sales are increasing then the company will be able to achieve its target easily.
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PROS AND CONS OF SHALIMAR WIRES PRICE TARGET 2024 TO 2030
| PROS | CONS |
|---|---|
| * The company has significantly reduced its debt from its previous quarters. | * company gave poor returns in equity |
| * Promoters holding is above 64% | * 52% promoters holding pledge |
SHALIMAR WIRES PRICE TARGET 2024 TO 2033
| YEAR | MINIMUM PRICE TARGET | MAXIMUM PRICE TARGET | AVERAGE PRICE TARGET |
|---|---|---|---|
| 2024 | ₹ 18.00 | ₹ 32.00 | ₹ 24.00 |
| 2025 | ₹ 28.00 | ₹ 41.00 | ₹ 38.00 |
| 2026 | ₹ 36.00 | ₹ 49.00 | ₹46.00 |
| 2027 | ₹ 44.00 | ₹ 63.00 | ₹ 55.00 |
| 2028 | ₹ 45.00 | ₹ 70.00 | ₹ 61.00 |
| 2029 | ₹ 53.00 | ₹ 76.00 | ₹ 69.00 |
| 2030 | ₹ 61.00 | ₹ 87.00 | ₹ 77.00 |
| 2031 | ₹ 74.00 | ₹ 94.00 | ₹ 91.00 |
| 2032 | ₹ 89.00 | ₹ 102.00 | ₹ 99.00 |
| 2033 | ₹ 100.00 | ₹ 116.00 | ₹ 106.00 |
PEER COMPITETTORS : SHALIMAR WIRES PRICE TARGET 2024 TO 2030
- TRIDENT with market cap ₹ 22,575.58 Cr
- WELSPUN LIVING with market cap ₹ 15,305.98 Cr
- REYMOND with market cap ₹ 11,423.39 Cr
- GARWARE TECH with market cap ₹ 6950.08 Cr
- JINDAL WORLDWIDE with market cap ₹ 6492.85 Cr
- GO FASHION with market cap ₹ 6353.62 Cr
- FILATEX FASH with market cap ₹ 3123.61 Cr
- SHALIMAR WIRES with market cap ₹ 108.73 Cr
CONCLUSION : In any case, any company is quite risky, still looking at the fundamentals of Goyal Aluminum it seems that the future growth of the company will be quite good.
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SHALIMAR WIRES PRICE TARGET 2024 TO 2030
FAQ
- Is Shalimar Wires Company a small cap company !
- NO ! Shalimar Wires Company is a micro small cap company.
- What is the work of Shalimar Wires Company !
- It is a (MSME) micro small medium enterprises category and its engagement is in paper mills products or EDM wires.
- What is the market cap of Shalimar Wires Company ?
- The market cap of the company is approximately ₹ 109 crores.
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