Patanjali Share Price Target 2024 – 2030: Patanjali Ayurved Limited, a leading name in the Ayurvedic and herbal products industry, has demonstrated outstanding performance in the past year. The stock has shown significant growth, indicating high investor confidence and market interest. Priced at INR 1895 per share and with an impressive yearly profit of INR 597 (45.99%), Patanjali’s stock is set for further expansion.
Company Overview Patanjali Share Price
Patanjali Ayurved, founded by Baba Ramdev and Acharya Balkrishna, has secured a significant market share in the consumer goods industry, focusing on Ayurveda and natural health products. The company offers a wide range of products including personal care items, health supplements, and food products. Its strong brand presence and efficient distribution system have led to its success and substantial market capitalization of INR 68.60K Cr.
Patanjali Share Price Recent Performance:
Patanjali’s stock price has experienced a significant surge in the past year, increasing by 45.99%. This growth is linked to the company’s strong financial performance, strategic expansion, and increasing demand for its products.
Patanjali Share Price Targets from 2024 – 2030
|
YEAR |
SHARE PRICE TARGET |
|
2024 |
₹2113 |
|
2025 |
₹2313 |
|
2026 |
₹2496 |
|
2027 |
₹2690 |
|
2028 |
₹2855 |
|
2029 |
₹3178 |
|
2030 |
₹3450 |
Patanjali Share Price Performance and Analysis
- Opening Price: INR 1,913.00
- High: INR 1,938.35
- Low: INR 1,875.10
- Market Capitalization: INR 68.60K Cr
- P/E Ratio: 72.97
- Dividend Yield: 0.40%
- 52 -Week High: INR 1,938.35
- 52 -Week Low: INR 1,169.95
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Factors Driving Patanjali Share Price Growth
- Product Innovation for Patanjali Share Price: Patanjali’s continuous success in creating new and modern products is likely to attract more customers and increase revenue.
- Market Expansion for Patanjali Share Price: The commercial enterprise corporation aims to expand into new markets, both regionally and globally, to enhance its market reach and revenue streams.
- Strong Brand Equity for Patanjali Share Price: Patanjali’s well-known logo and reputation for excellent products contribute to customer loyalty and increased profits.
- Increasing Consumer Demand for Patanjali Share Price: Increasing acknowledgment and demand for herbal and Ayurvedic products will drive the need for and significantly influence the company’s financial performance overall.
- Operational Efficiency for Patanjali Share Price: Sustained acknowledgment of improving operational efficiency and cost management will help maintain healthy profit margins and boost shareholder returns.
- Strategic Alliances for Patanjali Share Price: Collaborating with other groups and industry players will enhance Patanjali’s market presence and create more opportunities.
Risk Factors for Patanjali Share Price
Market Competition: The market for customer gadgets, particularly in Ayurveda and herbal products, is highly competitive. Rising competition could impact Patanjali’s market share and profitability.
Regulatory Changes: Changes in tips regarding fitness products, labeling, or taxation might also impact the company’s operations and financial performance.
Raw Material Costs: Changes in the prices of raw materials could affect the company’s profit margins.
Economic Conditions: The employer’s regular performance is likely to be affected by wider economic conditions such as economic downturns or shifts in customer spending habits.
Shareholding Pattern for Patanjali Share Price
- Promoters: 70.81%
- Retail and Others: 13.86%
- Foreign Institutions: 10.30%
- Other Domestic Institutions: 2.88%
- Mutual Funds: 0.16%
Recent adjustments include a slight decrease in promoter holdings from 73.77% to 70.81% and a reduction in FII/FPI holdings from 10.58% to 10.30%. Mutual Funds have increased their holdings from 0.14% to 0.16%. The proportion of FII/FPI investors decreased slightly, while the number of MF schemes remained the same. Patanjali Ayurved Limited has shown remarkable growth and continues to demonstrate strong investment potential. The company’s solid financial performance, strategic initiatives, and market position make it an attractive choice for long-term investors. With projected percentage price targets indicating significant growth, Patanjali is well-positioned to provide excellent returns.
What is the Patanjali Foods share price today?
The Patanjali Foods shares price on nse is Rs.1898.3 today.
What is the market cap of Patanjali Foods shares on NSE ?
The company has a market capitalization of Rs.69130.16Cr
What is the PE & PB ratio of Patanjali Foods shares ?
PE is 73.29 and PB is 6.75
