Vikas Ecotech Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030), Vikas Ecotech Ltd Share Fundamentals, Financial Trends and more.
In this article, we are going to know about Vikas Ecotech Share. Along with this, we will also predict the Vikas Ecotech Share Price Target. So stay tuned the till of this article, let’s get started.
Hey friends, as we know that Vikas Ecotech company is engaged in chemicals sector. And according to data, this sector can give very good returns in future. So, the question arises that is this company will be Multibagger in future or not. And if it is profitable, than what will be the Vikas Ecotech Share Price Target. We will know about all this in this article.
Table of Contents
ToggleAbout Vikas Ecotech Ltd
Vikas Ecotech is a leading specialty chemicals and polymer additives manufacturing company based in India. The company specializes in the production of a wide range of chemical additives, including plasticizers, stabilizers, lubricants, and specialty polymers.
Vikas Ecotech caters to various industries such as plastics, rubber, paints, inks, textiles, and personal care products. Their high-quality additives enhance the performance, durability, and sustainability of end products. With a strong presence in domestic and international markets, Vikas Ecotech continues to expand its product portfolio and strengthen its position as a trusted provider of specialty chemicals and polymer additives.
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Vikas Ecotech Financial Trends
If we talk about the Revenue and Profit of Vikas Ecotech company then –
Its revenue in 2019 has been ₹ 245 Cr and profit is ₹ 15.01 Cr. There was a revenue of ₹ 192 Cr in 2020 and a profit of ₹ 1.02 Cr. In the same 2021, there was a profit of ₹ -14.35 Cr with a revenue of ₹ 116 Cr. And the year i.e. in 2022 there has been a profit of ₹ 1.39 Cr with a revenue of ₹ 250 Cr.
Vikas Ecotech Share Price Target Table
Years | First Target (₹) | Second Target (₹) |
---|---|---|
Vikas Ecotech Share Price Target 2023 | 3.45 | 3.55 |
Vikas Ecotech Share Price Target 2024 | 3.90 | 4.10 |
Vikas Ecotech Share Price Target 2025 | 4.70 | 5.00 |
Vikas Ecotech Share Price Target 2026 | 5.80 | 6.40 |
Vikas Ecotech Share Price Target 2027 | 7.80 | 9.70 |
Vikas Ecotech Share Price Target 2028 | 11.2 | 12.2 |
Vikas Ecotech Share Price Target 2029 | 14 | 17 |
Vikas Ecotech Share Price Target 2030 | 22 | 25 |
Vikas Ecotech Share Price Target 2023
The share price of the company is seeing a lot of fall. Talking about its last one year returns, it has given 14% returns, whereas in the last 6 months it has given -6% returns which is not considered good. It is being claimed that this year also there will be a fall in the stock, therefore Vikas Ecotech Share Price Target 2023 can be INR 3.45 and second target can be INR 3.55.
Vikas Ecotech Share Price Target 2024
Looking at the fundamentals, it is not good at all. It has ROE and EPS of 4.09% and 0.11 and P/E ratio of 28.44 which is not considered good. But if we look at the dividend yield of this company, it is 2.21%, which is decent. So, considering these, Vikas Ecotech Share Price Target 2024 can be INR 3.90 and second target price can be INR 4.10. So if you want to invest in it, then definitely check its fundamentals once. And if the fundamentals are good then you can think of investing in it.
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Vikas Ecotech Share Price Target 2025
If we look at the financial trends of the company, it was making losses for a few years but in 2022 it has made profit. And it is claiming that, in 2023 the company can make good profit compared to the profit of 2022. Rest of its net worth and revenue is fine and is also growing well. So, Vikas Ecotech Share Price Target 2025 will be INR 4.70 and second target price can be INR 5.
Vikas Ecotech Share Price Target 2030
So at present its fundamentals and financial conditions are not that good. So it may happen that in future we will not get to see that much good returns. Because of this, Vikas Ecotech Share Price Target 2030 will be INR 22 and second target price can be INR 25. For more details about the Vikas Ecotech Share, you can watch this video –
Conclusion
I hope you have understood well about Vikas Ecotech stock. If you have any doubt, you can ask by commenting and if possible share this article as much as possible.
That’s it in this article, we have tried our best to tell you about Vikas Ecotech Share Price Target 2023, 2024, 2025, 2026, 2030 very well. So friends, if you are investing in stocks only after seeing the share price Target, then do not do this. Because there are many reasons behind the rise and fall of the Stock price.
FAQs
Is Vikas Ecotech a debt free company?
No, at present Vikas Ecotech company has a debt of ₹ 1,469 crore.
What will be the share price of Vikas Ecotech in 2025?
There is quite probability of the Vikas Ecotech share price which we will get to see in 2025 will be INR 4.7 or more than this.
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