Lloyd Steel Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Llyods Steel Businesses, Fundamentals, Financial Trends and more.
This article is going to be very interesting. Because in this article we are going to talk about a penny stock which has the potential to give multibagger returns in the future. The price of this stock is much less than Rs 20 and can go up to Rs 100 in the coming years. So stay tuned till the end of this article so that you can get to know better about this company.
Hey friends, I welcome you to my blog WasteorInvest. As you know that the name of this stock is Llyod Steel. This company works in the manufacture of heavy equipment and also manufactures many other products.
So before knowing the Lloyd Steel Share Price Target in this, we will know more about it so that you can get a better idea about the company. So let us first know about the Llyod Steel, after that we will try to predict Llyod Steel share price target.
About Lloyds Steel
Llyods Steel is a small cap stock providing engineering services and products in India. This company was formed in 1974 in Andheri, Mumbai. The parent organization of this company is Shree Global Trade Defined Ltd. and the headquarter of Lloyd Steel is located in India.
Lloyd Steel is primarily engaged in designing and manufacturing of heavy equipment, machinery and systems for Oil & Gas, Hydrocarbon Sector, Steel Plants, Nuclear Plant Boilers, Power Plants and Turnkey Projects. Lloyd Steel operates in Services and Engineering Products segment. The work of Lloyds is accredited with ISO 9001:2015 certification by SGS, UK. (Lloyd Steel Share Price Target)
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Lloyds Steel Financial Trends
If we talk about the revenue and profit of Llyod Steel Company then –
In 2019, the revenue of Llyod Steel was ₹ 97.72 and its profit was ₹ 2.88. There was a revenue of ₹ 114vcrore in 2020 and a profit of ₹ 2.49 crore. In the same 2021, there was a profit of ₹ 0.5 crore with a revenue of ₹ 70.05 crore. And this year i.e. in 2022 there has been a strong profit of 5.95 crores with a revenue of 50.1 crores. (Lloyd Steel Share Price Target)
Lloyd Steel Share Price Target 2023 to 2030 Table
|Year||Lloyd Steel Share Price Target|
|2023||₹15 – ₹18|
|2024||₹21 – ₹28|
|2025||₹39 – ₹45|
|2026||₹60 – ₹75|
|2027||₹105 – ₹120|
|2028||₹160 – ₹200|
|2029||₹310 – ₹390|
|2030||₹480 – ₹600|
For more details about the stock of Llyod Steel, watch this video –
Lloyd Steel Share Price Target 2023
The fundamentals of this company are almost right. But as of now the P/E Ratio (61.65) of this stock is very high and ROE (4.78%) is quite less which is not considered good for any stocks. If we talk about its book value, then it is now trading at 1.76 and now this share price is trading around Rs.14. That is, this stock is currently trading higher than its book value, which is not good. Taking this into account, if we try to predict the Llyod Steel Share Price Target 2023, then first target can be INR 15 and second target will be INR 18.
Lloyd Steel Share Price Target 2024
The holding of promoter in the Llyod Steel is 57% and has been increasing gradually over the past few quarters. The company’s sales growth and profit, revenue have been increasing continuously from last four years. In 2024, we can see good growth because of these. Looking at the company’s business, Lloyd Steel Share Price Target 2024, the first target we can be see is INR 21. And if the company hits this target the next target is likely to be seen till INR 28. So, if you are investing in the share of Lloyd Steel for long term, then you will definitely get good returns according to our analysis.
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Lloyd Steel Share Price Target 2025
Before predicting the target share price of this company for 2025, let us know its financial trends. As we can see its revenue, it is continuously falling for the last 4 years. The profit of Lloyd Steel company was falling from 2019 to 2021, but in 2022 it made the highest profit of 910 crores. Along with this, the net worth of Lloyd Steel is also increasing continuously.
Keeping this in mind, the Llyod Steel Share Price Target 2025, then we will get to see first and second target of INR 39 – INR 45 respectively. If India’s economy grows continuously as growing, then the company will get more benefits of it.
Lloyd Steel Share Price Target 2030
If we talk about the long term price target of the company’s stock, then, as we know, this is a small cap company and the market cap of the Llyod Steel is very low. But looking at the business model of the company, it is believed that the Llyod can perform very well in 2030. Due to the good management of the company and the increasing sales and very less Debt to Equity (0.14) of the Llyod Steel Services, the company can be expected to earn you potentially very good returns in future. Talking about the Llyod Steel Share Price Target 2030, the first and second target of the company can be INR 480 and INR 600 respectively.
So friends, if you are investing in shares only after seeing the share price target of Llyod Steel, then do not do this. Because there are many reasons behind the rise and fall of the share price.
I hope you enjoy knowing the Llyod Steel Share Price Target. If you want any more information or want to ask something regarding this then you can ask by commenting. We will try our best to reply to you. And please share this article if possible.
What will be the share price of Lloyd Steel after 5 years?
According to our analysis, price of Lloyd Steel after 5 years will be INR 105 – INR 120 in 2027. This is the expected price range, share price of the Llyod Steel can be more or less than the predicted one.
What will be the share price of Lloyd Steel in 2025?
After doing lots of analysis about this stocks. share price of Lloyd Steel in 2025 can be around 39 – 45 rupees.
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