If you want to know what the share price goal for Kritika Wires Share Price Target 2025 is, you have come to the right place. Check out the in-depth study of Kritika Wires Ltd., which includes the basics of the business, its finances, and predictions for share prices from 2023 to 2030.
Along with that, we will give you our best guesses for Kritika Wires’ share price goal between the years 2023 and 2030.
But even though the share has had an amazing return of +58% from 2022 to 2023, with an average of 29%, it is important to remember that past results do not necessarily mean that the investment is a good one.
There will be a thorough analysis of Kritika Wires shares to find out what the real potential of the company is. Let’s begin this all-encompassing journey together.
Official Website of Kritika Wire is : https://www.kritikawires.com/
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Overview of Kritika
Kritika Wires Ltd is proud to be a part of the well-known “Jai Hanuman Group,” which began its amazing journey in 2004. The company has become a star in making different kinds of steel and galvanized wires by focusing on quality and accuracy.
Their wide range of goods meets the important needs of State Electricity Boards, Power Grid Corporation of India Ltd., and other well-known clients across the country and around the world.
Kritika Wires Ltd has earned a number of important ISO certifications, such as ISO 9001:2015, ISO 14001:2015, and OHSA S18001:2007, because it is committed to keeping the highest standards of quality.
These certifications show that Kritika Wires is committed to quality control and being environmentally friendly throughout the whole production process.
Explanation of Metrics:
|Return on Equity (ROE)
|Earnings Per Share (EPS)
|Debt to Equity Ratio
Market Cap (Market Capitalization): ₹224 Crore:
This means that the company is a small value company based on its market capitalization. This is the price-to-earnings ratio (30.79). It means that investors are ready to spend 30.79 naira for every 1 naira in earnings per share (EPS).
Price-to-Earnings Ratio (P/E) for the Industry:
13.74 Averaging 13.74, the P/E ratio for this industry is 13.74. When you compare this to the company’s P/E of 30.79, it looks like the stock may be worth more than the average in its industry.
Return on Equity (ROE):
9.45%: ROE shows how profitable the company is in terms of shareholders’ equity. If the ROE is 9.45%, it means that the business made 9.45% in profit for every rupee of owners’ equity.
Earnings Per Share (EPS):
₹0.82: EPS shows how much of a company’s earnings is given to each outstanding share of common stock. In this case, the business made ₹0.82 for every share that was out there for a certain amount of time.
If the dividend yield is 0%, it means that the company did not pay out any dividends during the time.
The book value of a share is the net asset value of the company split by the number of shares that are still in circulation. It is ₹8.73.
Debt to Equity number: 0.59:
This number shows how much debt a company has compared to its equity. If the number is 0.59, it means that the company owes 59paise for every rupee it has raised.
Kritika Wires Share Price Target 2025-2030
- ” +” denotes a potential profit in comparison to the previous year.
- ” -” indicates a potential loss in comparison to the previous year.
KRITIKA Share Price: Valuation and Financial Analysis
Kritika Wires Limited (KRITIKA) falls within the broader category of the Miscellaneous segment industry, specializing in the vertical market.
Classified as a Penny Stocks company, it currently holds a Market Capitalization of Rs 0 (in Crores) with a total number of free float shares amounting to 0 (in Lacs). KRITIKA is listed on the NSE with Exchange ID – #N/A and the trading code NSE:KRITIKA, identified by the short name.
Over the past year, Kritika Wires Limited has declared an equity dividend of Rs 0 per share. With the current share price of KRITIKA at Rs 0.00, this translates to a zero percent dividend yield.
Conducting a Fundamental Analysis of NSE:KRITIKA involves evaluating various factors such as revenues, earnings, future growth, financial ratios, return on equity, profit margins, and more to determine the underlying value and future prospects of KRITIKA. This pertinent data is readily available in KRITIKA’s financial statements.
Quality of the Stock: According to the fundamental analysis of NSE:KRITIKA, it is evident that KRITIKA is an uncertain performer in terms of earnings and profit margins, characterized by an EPS of 0.
Valuation of the Stock: The current valuation of KRITIKA stock is categorized as unclear, implying a state of confusion. The decision to buy this stock at its present valuation depends on the investor’s risk appetite and the risk-reward ratio associated with KRITIKA.
Kritika Wires Share Price Target 2023
The big rise in Kartik’s share price in 2023 was due to the company’s strong performance, which was like a rocket speeding up. After the company’s financial results came out in June, there was a clear sign of a big boost in business.
The total sales of the company’s goods reached 106 crores, which is a huge jump of over 53% from the previous year’s sales. The share price of Kritika Wires has been going up steadily because of its great business success.
The company’s business is still growing, which suggests that it has the ability to create a lot of value. This is good news for the share price of the company in the near future.
Kritika Wires Share Price Target 2024
Since 2024, Kritika Wires has been a big player in the business of making industrial steel and galvanized wires. With clients like Bajaj Electronics, Tata, and Godrej, which are all big names in their fields, the company has become a major player in the market.
Being dedicated to growing its business and reaching more people, Kritika Wires has set itself up for growth. The company is only traded on the National Stock Exchange (NSE), which is worth mentioning.
Furthermore, the business has very little debt—less than 1% of its total assets—which shows that it is in a strong financial situation. Additionally, the company’s founders have a big stake in it, which shows that they really want it to succeed.
Kritika Wires Share Price Target 2025
The price range for Kritika Wires shares in 2025 is likely to be ₹60.75 to ₹70.80.
To my friends, I’d like to let you know that Kritika Wires’ shares have done better over the past few years. Both production and sales have gone up at the same time that the company has taken steps to cut costs.
The business is based on strong values that keep it in good financial shape. It is in a good position to benefit from the growth of India’s building and infrastructure industries.
The share price target for Kritika Wires in 2025 is expected to be between ₹60.75 and ₹70.80 range.
Kritika Wires Share Price Target 2030
Listen up, friends. In the last two years, this company has tripled the money that investors have put into it. If you put money into the company until 2030, you should easily get 8 to 10 times your money back, which is a good return.
The price targets for Kritika Wires shares in 2030 are ₹250 for the first target and ₹290 for the second target. Both of these targets are easy to reach.
If you want to invest in this company, now is the best time to do it. You could also think about short-term investments, since the share prices of the company are going up every day.
There is a good chance to make money by investing in Kritika Wires for the long term because the company is constantly growing and improving its finances.
Kritika Wires’ prospects have gotten a lot better over the past few years, which suggests that it could become a multibagger stock in the future. Investors who are willing to wait a long time should think about this investment because it could give them a good return.’
Brief Analysis of Kritika
Kritika Wires’ study of shares shows that things have been going well over the past few years. The company has been growing steadily, as shown by the fact that share prices went up from 2023 to 2030.
The lowest and highest prices get higher every year, which suggests a good trend. The positive view is shown by the series of “+” signs, which mean possible profits.
This upward trend is caused by things like better company success, a positive market climate, and possible growth opportunities. Kritika Wires may look like a good investment to investors based on its recent growth and good financial performance.
But it’s important to do a lot of research and think about a lot of different things before making investment choices.
Kritika Wires Share Price Target 2025