Mishtann Foods Share Price Target (2024, 2025, 2026, 2027, 2028, 2029, 2030) Mishtann Foods Fundamentals, Financial Trends and more
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Hey friends, I am Sachin an author of this website. In this article, we will talk about the Mishtann Foods shares and we will try to understand its Business model. So, before knowing its share price target we will know about it and its fundamentals, financial, and many other things. Let’s get started
About Mishtann Foods Ltd
Mishtann Foods was established in India in 1981, its CFO/Chairman/MD is Hiteshkumar Patel. The headquarters of this company is located in India and currently, more than N/A people are employed in this company. The main work of the company is to manufacture and fast-moving consumer products like wheat, toor-daal, Rice under the brand name Mishtann Foods. This company sells different types of rice products to different types of businesses like Pristino basmati rice, Snowflake basmati rice, Emerald basmati rice, White Sella, Golden Sella, Crystal basmati rice, Button, Signature, Jasper and Swarnapariwar basmati rice.
Looking at its trend, we feel that this company can perform very well in future. Mishtann Foods IPO came out on N/A which was listed on 17 October 2016 on BSE. By the way, the chances of you getting a good return are higher in Mishtann Foods as it is an FMCG sector-related company stock, its fundamentals plus financials are also good. So let us first look at Mishtann Foods fundamentals, after that, we will discuss financial trends.
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Fundamentals of Mishtann Food
| Market Cap. | 1,589 Cr |
| EPS | 0.36 |
| ROE | 22.59% |
| P/E Ratio | 44.14 |
| Dividend Yield | 0.01% |
| Book Value | 1.57 |
| Debt To Equity | 0.34 |
Financial Trends of Mishtann Foods
If we talk about the Revenue and Profit of Mishtann Foods Company then –
Its revenue in 2019 was ₹ 482 Cr and its profit was ₹ 11.80 Cr. There was a revenue of ₹ 482 Cr in 2020 and a profit of ₹ 0.03 Cr. In the same 2021, there was a profit of ₹ 0.73 crore with a revenue of ₹ 351 Cr. And this year i.e. in 2022 there has been a tremendous profit of ₹ 31.41 Cr with a revenue of ₹ 399 Cr.
Mishtann Foods Share Price Target Table
| Target Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| Mishtann Foods Share Price Target 2023 | 12 | 15 |
| Mishtann Foods Share Price Target 2024 | 24 | 27 |
| Mishtann Foods Share Price Target 2025 | 38 | 40 |
| Mishtann Foods Share Price Target 2026 | 57 | 62 |
| Mishtann Foods Share Price Target 2027 | 78 | 85 |
| Mishtann Foods Share Price Target 2028 | 100 | 115 |
| Mishtann Foods Share Price Target 2029 | 150 | 180 |
| Mishtann Foods Share Price Target 2030 | 240 | 260 |
Mishtann Foods Share Price Target 2023
As you know these days the share market is very volatile and making price targets is not an easy task. As far as our prediction Mishtann Foods Share Price Target 2023 can reach a maximum of INR 15 in 2023, whereas it can trade at around INR 12 as the minimum price for the year. Because of its popularity and its innovative ideas for the food sector can attract more customers and investors which may push the price of Mishtann higher than our target in 2023.
Mishtann Foods Share Price Target 2024
Since Mishtann Foods is a fundamentally strong company whose share price has a lot of upside potential in the future. This company has given a return of 504% in the last five years, which is much more than the FD return and bank interest. Accordingly, we will see the first Mishtann Foods share price target of 2024 of INR 24 and the second target of INR 27.
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Mishtann Foods Share Price Target 2025
As we can see the fundamentals of the company are almost good, and we are seeing the effect of this on the share price. But if Mishtann Foods 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 Mishtann Foods in 2025. So keeping all this in mind, if we predict Mishtann Foods share price target 2025, then we can see it at INR 38 and another target can be seen for INR 40.
Mishtann Foods Share Price Target 2030
As we can see the P/E Ratio of Mishtann Foods is 21 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 Mishtann Foods stock then do only after thinking very carefully. Anyway, technical analysis is telling us that you can get good returns in 2030. So we will see the first Mishtann Foods share price target for 2030, of INR 240. And if this company hits this price then we will see another target of INR 260.
Conclusion
As you can see, we tried our best to tell you and to explain to you. If you invest in the shares of Mishtann Foods, then do it at your own risk, do not invest by looking at the share price target. And consult an expert before investing your money.
I hope you liked this article and learned a lot from it If you want to know anything else, you can ask in the comment section, and we will do our best to tell you. And yes, if you can, then do share this article.
FAQs
When is it right to invest in Mishtann Foods share?
Whenever you get undervalued shares of Mishtann Foods or if there is a slight decline in the stock, then you can invest in it. Or you can invest a small amount every month in this stock.
Who is the CEO of Mishtann Foods?
Hiteshkumar Patel is the CEO of the Mishtann Foods Ltd company.
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DISCLAIMER – Stock Market Investments are subject to market risks, read all scheme-related documents carefully before investing.
