Posted by Kanani Industries Share Price Target : Hello friends, welcome to another great post for all of you, if you also invest in the stock market or are planning to invest in the stock market, then in today’s post you will find Kanani Industries Share. Will give information about Price Target
Friends, if you are thinking of investing in Kanani Industries or have already invested in this company and want to know about this company, then in today’s article we will tell you the fundamental balance sheet, profit and loss, revenue of this company. Expensive stock returns of the company will give complete information about all these in detail. Stay in the post till the end.
Information about Kanani Industries
This company was established in the year 1983 and the name of the managing director of this company is Harshit Kanani, so this company mainly does the work of diamond cutting and polishing. Apart from this, the company also works in the field of jewellery. The business of the company is quite big. It is quite good and the market of the company is worth Rs 147 crores.
Whereas if we talk about the reports in the quarter of the year 2023, the company’s revenue in the March quarter was Rs. 61.57 crores and the company also suffered a loss of Rs. 0.01 crores. In the June quarter report, there was a significant increase in the company’s revenue which was around Rs. 82.10 crores. In the quarter of September the company Kareena’s profit was Rs 65.71 crores and the company got a profit of Rs 0.34 crores. In the December quarter report, the company’s revenue was 22 points Rs 18 crores and the company’s profit was Rs 0.08 crores. there was also a loss
Kanani Industries Share Holding
Talking about the share holding of Kanani Industries, the promoters have a sizeable share holding in this company, which is around 61.35%, while the retailers and others have a sizeable share holding of 38.65% in this company. share holding is
Kanani Industries Share Price Target 2024, 2025, 2027, 2030, 2040, 2050
| Kanani Industries Share Price Target | Target Price |
| Kanani Industries Share Price Target 2024 | ₹7.85 |
| Kanani Industries Share Price Target 2025 | ₹12.90 |
| Kanani Industries Share Price Target 2027 | ₹18.68 |
| Kanani Industries Share Price Target 2030 | ₹35 |
Kanani Industries Share Price Target 2024
Talking about the company’s shares, in the last 6 months, this company’s stock has given a return of 86.49% to its investors, while in the last 1 year, it has given a return of 70.37%. In the last 5 years, this stock has given a return of 202.63% to its directors. Has given tremendous return of percent
On the other hand, if we talk about the share price target of this company in the year 2024, then there is a possibility of significant growth in the company. If the promoters of the company pay attention to increasing its sales and profits, then by the year 2024 the share price of the company will reach up to 7.85. there is a possibility of going
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Kanani Industries Share Price Target 2025
If we talk about the profit and revenue, in the year 2021 the company’s revenue was Rs 312 crores and the same company also got a profit of Rs 0.44 crores. In the new year 2022, the company’s revenue was Rs 292 crores and the company got a profit of Rs 1.81 crores. In the year 2023, the company’s revenue was Rs 271 crore and the company made a profit of Rs 2.17 crore.
And if we talk about the share price target of this company in the year 2025, then if the promoters of the company increase the sales and profits of this company, then there can be a possibility of the company’s share going up to Rs 12.90 by 2025.
Kanani Industries Share Price Target 2027
Why in this company, the majority of the holding is with the promoters which is about 61.35%. Apart from this, the share holding of the retailers in this company is 38.65%. The promoters have a very good share holding in this company.
If we talk about the share price target of this company in 2027, if the promoters of the company are able to change and improve the fancy top fundamentals of the company, then there is a possibility of significant growth in the company. By 2027, the share price of the company will be Rs 18.68. likely to reach
Kanani Industries Share Price Target 2030
If we talk about the business of this company, then this company mainly has its head quarters in Surat and Ahmedabad where it does the work of cutting and polishing of diamonds and reaches its customers. Apart from this, the company also sells jewellery. If we talk about the share price target of this company in the year 2030, then the shares of the company are continuously increasing significantly and also a continuous increase is being seen in the profit of the company, so in 2030 The company’s shares are likely to go up to Rs 35 by
Kanani Industries Fundamentals
| Company Name | Kanani Industries LTD |
| Market Cap | ₹147 crore |
| P/E Ratio | 148.00 |
| P/b Ratio | 2.31 |
| Industry P/E | 64.00 |
| Debt to Equity | 0.32 |
| ROE | 1.67% |
| Book Value | 3.21 |
| Face Value | 1 |
| 52 week High | 7.55 |
| 52 week Low | 2.75 |
Conclusion : We hope that you would have liked the information given by us in this article today. To know about similar stocks and target prices, stay connected with our website. Whatever information we have given you about typing price in this article. The fundamentals of the company are given in the balance sheet, which is given on the basis of profit and loss, which is an imaginary price. In reality, there may be changes in the price and before investing in the stock market, definitely consult your broker.