If you think about which share will be best for investment in recent times then you should know about Coromandel Share Price Target. Today in our blog we will explain the basic idea about Coromandel Share Price Target 2024, 2025, 2027, 2030, 2040. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.
Coromandel Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to understand the Coromandel Share Price Target 2024 to 2040.
What Is Coromandel Limited?
Coromandel International Limited is an infrastructural company with special focus on agrochemicals which comprises of fertilizers and pesticides amongst others. It operates under the Murugappa group and that is one of the largest conglomerates in India if not the largest. Below is brief information about the company.
Fundamental Analysis Of Coromandel Limited
| Company Name | Coromandel Limited |
| Market Cap | ₹50,313 Crore |
| Face Value | ₹319.86 |
| Book Value | ₹49,694 Cr |
| 52 Week High | ₹₹1,789.00 |
| 52 Week Low | ₹1,789.00. |
| P/B | 5.51 |
| DIV. YIELD | 0.35% |
Financial Data Analysis Of Coromandel Limited
We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the section below, we discuss the performance of the company. Coromandel Share Price Target also depends on the ratio described below.
| PE Ratio | Return On Assets (ROA) | Current Ratio | Return On Equity (ROE) | Earning Per Share | Debt To Equity Ratio |
| 33.09 | 10.35% | 1.78% | 20.87% | ₹558.42 | 52.46 |
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Dividend History Of Coromandel Share
The management of the company has shown proper concern for its shareholders since it has been regularly paying dividends.. The future financial year 2023-24 the company declared final dividend to the extent of ₹6 per equity share (600% on face value) which is payable only after 27 august 2024, on the satisfactory passing of the motions for such in the forthcoming annual general meeting. In the past few years, Coromandel also declared dividend and this is declaring similar dividend of ₹6 per share in both the year 2023 and 2022. For the year 20- 20 they further declare a still higher dividend of twelve per share.
Coromandel Share Price Target 2024
Coromandel International has operating companies in Fertilizers, Crop Protection, Specialty Nutrients, Organic Fertilizers and Retail Services among others. As the Nutrient and Allied business arm of the company the company is primarily involved in the manufacturing of phosphatic fertilizers.The company has brand names like Gromor, Godavari, Paramfos which are popular among the farmers in India which makes the company a strong contender in Indian agricultural market.
Though, Coromandel expanded itself recently and spread over more than eight hundred retail outlets, wherein number of agri-inputs, services and farm solutions were provided. This introduces new product lines that are relevant with the existing styles of sustainable developments and the organic farming industry. The fact that this company invested heavily in a product development was complemented by its expansive supply chain and the fact that it was deeply entrenched in the rural markets is what helped it to secure the leadership of the industry.
Coromandel Share Price Target 2027
The firm Corporate Crop Protection by Coromandel International having high sales increased of about 50 percent in the year 2023 as compared to the preceding year. Net sales from this segment of crop protection was, ₹1200 Crore in 2022 which increased to a level of ₹1500 Crore in 2023 and that means the growth rate was 25%. This segment has generated EBITDA which increased from ₹ 180 crore in the year 2022 to ₹ 200 in the year 2023 with an uplift of 11%. Due to Coromandel-strengthened initiatives towards the enlargement of the product portfolio, the new segment of agrochemical products has led to added value and growth.
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Coromandel Share Price Target 2030
Coromandel International also values the Agrochemical segment in the company a big deal. This segment touched ₹4,000 Crore in the year 2022 and rose further to ₹5,600 Crore in the year 2023 showing a growth of 40%. The EBITDA from Agrochemical products was ₹550 Crore for the year in question, while the same was ₹620 Crore in the ensuing year thus reporting a growth of 13%. Crop protection functions and specialty nutrients are also performed by the company to further diversify the agriculture business and strengthen the company in general.
Coromandel Share Price Target 2040
As the company is a very old company people have trust in it the promoter holding capacity of the company is very good which is 57.32% to 57.31% in Jun 2024 which means many good investor wants to invest in the share. The FII investor percentage of the company also increased to 7.5% which is a very good part of the company’s growth. If we look at Coromandel Share Price Target 2040 forecast, the 1st Price Target is ₹5500.01 and the 2nd Price Target is ₹5,801.03.
Coromandel Share Weekly Chart
FAQ
What is Coromandel International’s share price target for 2024?
The share price target for Coromandel in 2024 depends on various factors such as the company’s financial performance, industry outlook, and macroeconomic conditions.
What are the long-term price targets for Coromandel International (e.g., 2030, 2040)?
tressing long-term price targets – such as for 2030 or 2040 – is rather speculative in nature. Nevertheless, much to the liking of Coromandel management implying expansion in fertilizers, crop protection and specialty nutrient business, its share price too could gain a lot of ground.
What is Coromandel International’s historical share price performance?
Coromandel’s share price has shown consistent growth, largely driven by strong earnings, increased demand for fertilizers, and its focus on innovation in agrochemical products. Its 52-week high was ₹1,789 as of 2024, reflecting a substantial gain from the previous yea
Conclusion
Hopefully, www.sharetargethub.com will help you gain some basic ideas about the Raymond Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, Coromandel Share Price Target may reach a very high position. Coromandel Limited Company is related to the fabric manufacturing sector. So the demand for this sector also increases which helps the share to gain profit in the future.
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