Hello friends, today we will talk about Sona blw share price target 2023 2024 2025 2026 2030, how far the price of this stock can go in future, by doing fundamental analysis and technical analysis, you will know whether to hold this stock for long term or sell it. Should give above all this we will talk in detail today if friends company
Sona Blw share company Details
Talking about the business of the company, the company manufactures electronic vehicles such as scooters and whatever does the business of the Ev sector, the company also does the automotive technology business, and apart from this,
The company’s business is the business of differential assembly system and EV traction motors design, manufacturing and supply. The company is engaged in developing mechanical and electronic hardware systems.
Sona Blw share price target 2023
If friends see the quarterly results of the company, then in January 2020, the company had sold 72, which has now increased to 604 in September 2022. We have seen a huge jump in quarterly sales growth, compared to the last few quarters.
The company has made the highest sales, if friends see the expenses of the company on top of the sales made by the company, such as material cost and salary to the employees, then in January 2020, the company’s expenditure was Rs 56 crore, which increased to Rs 453 crore in September 2022.
Rupees have been spent i.e. the company’s sales growth is big but at the same time the company’s expenditure is also big, out of this expenditure the company had to spend 45% on the material cost and 6% of the salary of the employees due to this. The company’s expenses have increased, if we talk about the target of 2023, then the first target will be ₹ 550, if the share price reaches here, then the next target will be ₹ 600.
Sona Blw share price target 2024
If friends see the margin of the company, then the margin of the company was 22% in January 2020, which has now increased to 25% in September 2022. If friends, you do not know what margin is, then I would have explained to you in a simple language.
(Suppose the company sold an item worth ₹ 100. If the company’s margin on that is 22%, that means if the company sells any item worth 100 rupees, it will make a profit of ₹ 22. This is called margin, so the company has The margin has increased,
it has a direct effect on the profit, due to which its profit is also big. Now let’s talk about the profit of the company. Had to pay more salary and at that time Kovid-19 was also due to this, but now the profit of the company has increased, in September 2022,
there has been a profit of Rs 83 crore, we are also good in the profit growth of the company. There has been a boom, because of which we are seeing a boom in the share price as well. If we talk about the target of 2024, then the first target will be ₹ 800. If the share price reaches here, then the next target will be ₹ 900.
Sona Blw share price target 2025
If friends saw the report of profit and loss of the company, the company had made total sales of 331 in March 2014, which has now increased to total sales of 1939 in March 2022. Talking about the expenditure of the whole year, in March 2014, the company has spent a total of Rs 239 crores, which has increased to Rs 1565 crores in March 2022.
If we talk about the company’s margin, then in March 2014, the company’s margin was 28%, which decreased to September 2022. Only 26% left. Fluctuation in margin is not a big deal, it keeps on increasing if we talk about the target of 2025 because the government is promoting our EV sector a lot. Because of this, a good target comes out, the first target will be ₹ 1700, if the share price reaches here, then the next target will be ₹ 1800.
Sona Blw share price target 2026
If friends see the profit of the company over the years, then in March 2014, the company had a profit of ₹ 31 crores, which has now increased to ₹ 349 crores in March 2022. We have seen a jump in the profit growth of the company and every year The profit of this company is increasing and its shareholders are also getting a huge profit.
If we talk about the target of 2026, then the first target will be ₹ 2200, if the share price is Rs. If the price goes till here, then you have to keep ₹ 2500 as the next target.
Sona Blw share price target 2030
If friends, you want to hold this stock for long term, then it can be a good idea for you because friends, the advantage of holding the stock for long term is if you can hold this stock for six years. This stock can give you multi-burger returns and also has the potential to make your investment 5× because the coming time is for EV sector only.
Friends, the company is good and the profits are also continuous. The company is increasing its acid also the company has also repaid its loan yes there is a little debt on the company but it is not that much and friends comeWe can get very good returns in this stock in future and this stock can also give multibagger returns if you hold this stock for long term then you can create a lot of wealth from this stock if 2030 If we talk about the target then the first target will be ₹ 3300, if the price of the stock reaches here, then the next target will be 4000, but due to the news, it can also fluctuate.
|YEAR||SONA BLW 1ST SHARE PRICE TARGETS (₹)||SONA BLW 2ND SHARE PRICE TARGETS (₹)|
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Friends share is very good, there is no debt on the company, the profit growth of the company is also good, the sales growth of the company is also good, that means overall the stock is very good, but you should have a little patience if you want to buy this stock for long term.
If you hold for this then you will get good profit, the way our government is promoting Ev sector, the same profit will be given to this company and it is not that this company only works in Ev sector, the company works in different business.
buy because it may fall or rise in price in short term thank you hope you like this article and you got to learn something from this article if you like this article liked it, let me know by commenting