Acrysil Share Price Target 2022, 2023, 2024, 2025, 2030
Acrysil Share Price Target 2022, 2023, 2024, 2025, 2030: Acrysil was established in 1987, The company’s plant is located at Bhavnagar, Gujarat, India and is registered at Bhavnagar-Rajkot Highway, Navagam, Vartej, Bhavnagar, Gujarat. Today, apart from analyzing Acrysil’s business thoroughly, we will also look at the future prospects of the business, so that we will get a little idea where the company’s performance can be seen going in the coming years.
So, in this article, we try to give Acrysil stock a new way through technical and fundamental analysis.
Acrysil Share Price Target 2022
The company is a leading manufacturer of composite quartz and granite kitchen sinks in India. The company exports granite sinks to more than 20 countries of the world such as the USA, Far East countries, Middle East, Africa etc. The company manufactures sinks under the CARYSIL brand in India and abroad. The company is also a manufacturer of original equipment for major brands worldwide.
Acrysil’s stock price target will be available by the end of financial year 2022. Acrysil’s initial price will be around Rs 700. And the second target budget price of Acrysil will be Rs 750.
| Year | Acrysil Share Price Target 2022 |
|---|---|
| First Target 2022 | Rs 700 |
| Second Target 2022 | Rs 750 |
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Acrysil Share Price Target 2023
Acrysil has increased its dealer network from 1500 to 1880 in the last 3 months, which is about 25% expansion of PAN India’s dealer network. Further, the company plans to increase the number of its dealers to approximately 3,000 by the end of fiscal year 2023. With the increase in the dealer network, the company will further strengthen its position in the domestic market.
Acrysil share price target by the end of 2023, The target value of Acrysil’s first shares for the financial year 2023 is estimated to be Rs 850. And the second indicative price for Acrysil could offer around Rs 900.
| Year | Acrysil Share Price Target 2023 |
|---|---|
| First Target 2023 | Rs 850 |
| Second Target 2023 | Rs 900 |
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Acrysil Share Price Target 2024
Acrysil has completed a capacity expansion of 160,000 units of Quartz kitchen sinks at its Bhavnagar plant in Gujarat. Commercial production of another 160,000 units started from July 2022. The production capacity of quartz kitchen sinks increased from 840,000 units to 1,000,000 units per year.
At this moment we try to predict the price of two Acrysil stocks that will be available in 2024. The first target price of Acrysil Ltd. is Rs 1000. And the second target price of Acrysil Ltd. could exceed Rs 1080.
| Year | Acrysil Share Price Target 2024 |
|---|---|
| First Target 2024 | Rs 1000 |
| Second Target 2024 | Rs 1080 |
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Acrysil Share Price Target 2025
Acrysil has doubled its supply of quartz kitchen sinks to IKEA Supply AG (Switzerland) (“IKEA”), part of International IKEA Group Sweden, for their global requirements. IKEA has expertise in the distribution and supply of home improvement products. The production of the above-mentioned additional “composite quartz kitchen sinks” for IKEA will start from the end of July 2022 and the deliveries will start from August 2022.
Acrysil two stock price targets for FY 2025. Acrysil’s first FY 2025 stock price will be Rs 1200. And the second price target for Acrysil for FY2025 will be around Rs 1300.
| Year | Acrysil Share Price Target 2025 |
|---|---|
| First Target 2025 | Rs 1200 |
| Second Target 2025 | Rs 1300 |
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Acrysil Share Price Target 2030
Acrysil’s wholly owned subsidiary Acrysil UK has completed the acquisition of 100% of the shares of Tickford Orange UK together with its wholly owned operating subsidiary Sylmar Technology (STL). The acquisition is in line with Acrysil’s strategy to establish itself as a dominant player in the global kitchen and bathroom segment. This acquisition will now allow Acrysil to further strengthen its presence and market share in the UK market and gain access to a loyal customer base, providing potential new sales channels and cross-selling opportunities.
The target price for Acrysil shares will be available by the end of financial year 2030. Acrysil’s first share price will be Rs 2400. And Acrysil’s second share price target will be Rs 2600 by the end of the financial year 2030.
| Year | Acrysil Share Price Target 2030 |
|---|---|
| First Target 2030 | Rs 2400 |
| Second Target 2030 | Rs 2600 |
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Future Prospects of Acrysil Share
- Acrysil’s wholly-owned subsidiary Acrysil UK has agreed to acquire the shares of Tickford Orange in the UK, together with its wholly-owned operating subsidiary Sylmar Technology, for a total consideration of £11m.
- The acquisition will be financed through a combination of debt and internal accruals. The acquisition is in line with Acrysil’s strategy to establish itself as a dominant player in the global kitchen and bathroom segment.
- This acquisition will now allow Acrysil to further strengthen its presence and market share in the UK market and gain access to a loyal customer base, providing potential new sales channels and cross-selling opportunities.
Risk of Acrysil Share Price
- In the coming years, Acrysil must open up and offer its customers and clients more options to do the right job and continue to help the Company make more money annually without distraction.
- Acrysil needs to manage additional funding to fully engage its business across the sector, otherwise Acrysil will not be able to support its positions and deliver benefits or returns to its investors for years to come.
Expert Views on Acrysil Share
With all the features related to Acrysil, you can say that it is a great time to invest in Acrysil that will be able to provide the best value for years to come.
Acrysil Share Price Target F.A.Q.
– Where is the Headquarter of Acrysil Located?
Acrysil Headquarter located in Gujarat, India.
– Who is the Present CEO of Acrysil?
The Present CEO of Acrysil is Chirag Parkeh.
– In Which Business Acrysil Involved?
Acrysil is a leading manufacturer of composite quartz and granite kitchen sinks in India.
I hope that after reading the article Acrysil Share Price Target 2022, 2023, 2024, 2025, 2030 you must have got a good idea what kind of performance can be seen in the growth of the Company. If you still have any question related to this article in your mind, then do not forget to tell in the comment at all. Stay tuned to Market in India for important information about this type of stock in the stock market.
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