Globe Textiles Share Price Target 2022, 2023, 2024, 2025 and 2030 :- Globe Textiles Ltd was established in 1995 and is engaged in the production of garments, printed cotton fabrics, home textiles and luxury fabrics.
Here in this article we try to Analyze Globe Textiles with the help of a few things including financial targets for the coming years and Risks linked to this Company and the Company’s future and a few other things.
Globe Textiles Share Price Target 2022, 2023, 2024, 2025 and 2030 List
|2022||Rs 12.00 to Rs 13.00|
|2023||Rs 12.50 to Rs 14.00|
|2024||Rs 15.00 to Rs 16.50|
|2025||Rs 17.00 to Rs 18.50|
|2030||Rs 30.00 to Rs 35.00|
Globe Textiles Share Price Target 2022
The company was founded by Suryakant Hiralal Parikh and Vijaybhai Shah, Dilipbhai Adesara and Dilipbhai Pandya in 1995 and is currently being developed by Bhavik Suryakant Parikh and Bhavin Suryakant Parikh with almost two decades of experience in the textile business. The company’s continuous production companies are equipped with all the machinery and equipment for making fabrics and all other integrated equipment.
Target value of shares in Globe Textiles Ltd. managed to enter it around the year 2022. Target value of initial shares of Globe Textiles Ltd. in the year 2022 is estimated at Rs 10.00. And the second target price for Globe Textiles Ltd. able to get it around Rs 12.00.
Globe Textiles Share Price Target 2023
The company also trades in textiles, denim and non-denim fabrics, Shirting fabrics and Jeans. Also, it does a lot of work for many customers. The company based on its experience and standards, meets the specific specifications and requirements of the customers.
Target value of shares in Globe Textiles Ltd. managed to enter it about the year 2023. Target value of initial shares of Globe Textiles Ltd. in the year 2023 is estimated at Rs 12.50. And the second target price of Globe Textiles Ltd. it can travel for about Rs 14.00.
Globe Textiles Share Price Target 2024
The company caters to domestic and international markets. The company is also recognized by the Government of India as “One Star Export House” and has a valid certificate from September, 2016 to September, 2021 from the Director-General of Foreign Trade.
The company focuses on high-quality textiles and clothing worldwide using state-of-the-art technology, delivering high quality fabrics at very competitive prices and maintaining long-term relationships with its customers.
At this stage, we try to predict the price of two targeted shares at Globe Textiles Ltd. will be able to get it in 2024. The first target price of Globe Textiles Ltd. estimated at Rs 15.00 And the second target price for Globe Textiles Ltd. estimated at Rs 16.50.
Globe Textiles Share Price Target 2025
Globe Textiles (India) plans to launch their brand named ‘Indigen X’ in February 2022. The brand focuses on providing older customers who wish to wear a fashion-appropriate style with an affordable profile, so that one can have a diverse identity. clothes that fit the occasion. Over the years the Company has received numerous accolades such as its OEKO-TEX certified textile units for manufacturing textiles and household textiles.
Here we are trying to analyze the price of two targeted shares in Globe Textiles Ltd. can get by about the year 2025. The first target price of Globe Textiles Ltd. estimated at Rs 17.00. And the second target price of the same shares of Globe Textiles Ltd. about Rs 18.50.
Globe Textiles Share Price Target 2030
The brand will focus on providing more than what customers pay for. For age groups with technological know-how, the company wants to be within their jurisdiction 24/7, interacting specifically with one of our well-known channel partners to handle storage, marketing, speculation and distribution of online / offline space. It also explores a unique connection to one of the leading online forums focused on the fashion industry. Globe Textiles Ltd. knows the arts and sciences to acquire, produce, supply and trade a comprehensive range of textile and clothing products and services from fiber to fashion.
Price of two targeted shares in Globe Textiles Ltd. A company that can afford them until the end of 2030. The initial target price of Globe Textiles Ltd. a company that will be able to earn by 2030 Rs 3.00 And the second target price for shares of Globe Textiles Ltd. Until the end of this decade Rs 35.00.
Future Prospects of Globe Textiles Ltd
- Globe Textiles (India) plans to launch products with its ‘Indigenx’. This brand focuses on providing older customers who wish to wear a fashion that fits their age and a profile with affordable prices.
- Globe Textiles strives to present a wide range of products to their customers in order to expand their customer base in the years to come.
Investment Risks in Globe Textiles share
- The company has shown a negative growth in profits over the past 3 years.
- The company has shown a modest growth in revenue over the past 3 years.
- The company had the worst ROE in the last 3 years.
Expert Views on Globe Textiles share
Trend analysis shows that the long-term trend of a company’s stock is good and uptrend. Therefore, if you want to invest in the Company’s share you can continue your investment. Please remember that before investing in any stock, invest only after taking complete information about that stock.
I hope that after reading Globe Textiles Share Price Target 2022, 2023, 2024, 2025 and 2030 article, you must have got an idea in which direction the growth of the company is likely to go in the coming years. If you still have any question related to this article in your mind, then do not forget to tell in the comment. Stay tuned to Market in India to stay updated with such important information related to share market.