Lesha Industries Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) Lesha Industries Fundamentals, Financial Trends and more
If you have come to know the share price target of Lesha Industries then you have come to the right place.
Hello friends, I am Sachin, and in this blog we are going to talk about Lesha industries. So especially today we are going to talk about Lesha industries share price target. First of all, before we understand the share price target of this company, we will see the fundamentals of this company. After that, after understanding which sector Lesha industries is related to and what are the income sources, we will understand Lesha share price target closely.
In this article, we will know only upto Lesha Industries share price target 2030, which will be predicted by its fundamentals and technical analysis. Knowing the share price target is important because it gives us an idea of how much the price of this share may increase in the future. So stay tuned till the end of this article.
Table of Contents
ToggleAbout Lesha Industries Ltd
Lesha Industries is one of the penny stocks with a market capitalization of less than 5000 crores. This company is engaged in manufacturing and trading of various steel products. Lesha Industries was established on 23 November 1992 and currently the company’s headquarters are located in india. The current Managing Director of this company Mr. Shaleen Shah.
So let’s talk about its share, the market cap of this company’s share is now 77 crores. As we told you in the beginning, this is a small cap company. So this stock can give you multibagger returns but it is also very risky because its fundamentals are not right now. Whether you want to invest money in the shares of Lesha Industries or not, you can find out from the details mentioned in this article. So let us first look at the fundamentals of this company, after that we will talk about the financial trends.
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Fundamentals of Lesha Industries
Market Cap | ₹47Cr |
EPS | 0.08 |
ROE | 2.43% |
P/E Ratio | 51.56 |
Dividend Yield | 0 |
Book Value | 1.69 |
Debt To Equity | 0.10 |
Financial Trends of Lesha Industries
If we talk about the revenue and profit of Lesha Industries then –
Its revenue in 2019 has been ₹ 0.98 crore and profit is ₹ -0.07 crore. There was a revenue of ₹ 1.40 crore in 2020 and a profit of ₹ -0.05 crore. In the same 2021, there was a profit of ₹ 0.01 crore with a revenue of ₹ 2.64 crore. And this year i.e. in 2022 there has been a strong profit of 0.40 crores with a revenue of 7.25 crores.
Lesha Industries Share Price Target 2023, 2024, 2025, 2026, 2030 Table
Targe Year | Minimum Price | Maximum Price |
---|---|---|
Lesha Industries Share Price Target 2023 | 5 | 6 |
Lesha Industries Share Price Target 2024 | 9 | 11 |
Lesha Industries Share Price Target 2025 | 15 | 18 |
Lesha Industries Share Price Target 2026 | 24 | 26 |
Lesha Industries Share Price Target 2027 | 35 | 40 |
Lesha Industries Share Price Target 2028 | 50 | 56 |
Lesha Industries Share Price Target 2029 | 72 | 80 |
Lesha Industries Share Price Target 2030 | 100 | 120 |
Lesha Industries Share Price Target 2023
As we can see the fundamentals of the company are not good. We are seeing the effect of this on the share price. But if the company improves its fundamentals, then we can see a rise in the price of this stock. Not much growth can be seen in the share of Lesha Industries in 2023. So keeping all this in mind, if we predict Lesha Industries share price target 2023, then we can see it at INR 5 and another target can be seen for INR 6.
Lesha Industries Share Price Target 2024
As we can see the P/E Ratio of Lesha Industries is 89.15 which is quite high. The company’s stock may also see a decline after a good rally. That’s if you invest money in this company’s stock then do only after thinking very carefully. Because when the down circuit starts in this type of penny stock, then you have to face a lot of trouble in selling the stock. Anyway, technical analysis is telling us that you can get good returns in 2024. So we will see the first Lesha Industries share price target for 2024, of INR 9. And if this company hits this price then we will see another target of INR 11.
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Lesha Industries Share Price Target 2025
As we can see the profit, revenue, and net worth of Lesha Industries are increasing. Which gives a very good signal for long term investment. From the chart we can see that the company has recovered its loss and now in 2022, Lesha has made a profit of 40 lakhs, which is fine. If the company continues to grow like this, then we will see the first Lesha Industries share price target 2025 of INR 15. And if this company will maintain this momentum then we can see another target of INR 18.
Lesha Industries Share Price Target 2030
As the company is performing and by looking at its financial trends, investors predicted that the share price of Lesha industries will 40× as comparing to present price. This company is paying more attention to its development and is going to start manufacturing of new types of products. So if we talk about Lesha industries share price target 2030 then it could be between INR 100 – INR 120. So if you invest in this stock then there is a lot of profit potential. I am not saying this, such big investors are speculating by looking at its fundamentals, but this is not accurate.
Conclusion
I hope you got to learn a lot by knowing Lesha industries share price target 2023, 2024, 2025, 2026, 2030. In the next post we will talk about Olectra Greentech Share Price Target. If you need any more information, then you can ask by commenting. And if you feel that some more information should be added in the post, then you can tell by commenting.
FAQs
How is Lesha industries share in future will remain?
Lesha Industries share is seen continuously growing its business as well as trying its best to make a strong hold in the new market rapidly, due to which Lesha Industries Share is very much in favor of the future.
When is it right to invest in Lesha Industries Share?
In Lesha Industries Share, whenever you see a slight correction in the stocks, then you can definitely think of investing in small – small amounts for a long time.
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DISCLAIMER – Stock Market Investment are subject to market risks, read all scheme related documents carefully before investing.