Rolex Rings Share Price Target 2022, 2023, 2024, 2025, 2030– Friends, today we are going to talk about the performance of forged and machined parts maker Rolex Rings. Since the time the company was seen listing in the market, there has definitely been a good jump in the share price of the company. What is the potential of Rolex Rings share price to go up in coming time, today we will try to find out by analyzing company details. Let us know in detail-
Rolex Rings Share Price Target 2022
Rolex Rings is among the most popular and leading manufacturers of machined Components in whole of India. Rolex Rings were established in the city of Rajkot four decades ago. Rolex Rings have a large client base not only in India but in the World. Rolex rings not only make Components of Machine but it also involved in manufacturing engine parts, exhaust machine Parts. Products from where Rolex Rings are able to find their strong position in the Market due to their Bearing Rings.
Due to Rolex Rings strong position in the market presently we try to predict two shares price target for the stocks of Rolex Rings which the stocks of This Company will able to achieve till the end of the year 2022. The first share price target for the Rolex Rings Ltd. which they able to achieve around Rs 1400. And second share Price target for the same stock which the stocks of this Company will able to get is around Rs 1470.
Rolex Rings Share Price Target 2023
Rolex Rings is having Market Cap of around Rs.3657.98cr. presently. Rolex Rings promoters have around 57.64% of total share present in the market. If we try to compare their present share price target with their Competitors in the same field Rolex Rings will need to improve too much as their Competitors are way more better than Rolex Rings as their present share price. Company need to improve their sales growth in upcoming year because as of now sales growth of Rolex Rings were lie around 0.59% from last one year.
In this section of article we try to predict two shares price target for the stocks of Rolex Rings which they able to find till the end of the year 2023. The first share price target is about Rs 1640. And second share price target for the Rolex rings which they will able to achieve at the end of year 2023 is around Rs 1700.
Rolex Rings Share Price Target 2024
Profit Growth of Rolex Rings from last one year is increasing superbly. The present Profit Growth if Rolex Rings from last one year is about 64.25% which is nearly 5.72% in last 3 years. Profit Growth aspect will provide them hope to the investors and promoters of this Company. If we talking about last 5 year profit growth of Rolex Rings it is around 28.72%. These Number beautify indicate that Rolex Rings are in a right path to get their position strong in the market in upcoming years.
For the stocks of Rolex Rings Ltd. we try to predict two stocks price target for the stocks of This Company. The first share price target for the year 2024 which Rolex Rings able to achieve is around Rs 1920. And second share price target which the Rolex rings will able to find it till the end of the year is around Rs 2000.
Rolex Rings Share Price Target 2025
The PE ratio which is Price to Earnings ratio which indicates for every rupee how much investor is willing to pay to the Company. So, presently the PE ratio of Rolex Rings is about 42.07 which indicate that Investors are ready to pay high amount for very rupee profit to the Company. The higher the value of PE ratio of Rolex Rings will indicate the higher the value of the stocks of Rolex Rings in the Market.
For the shares of Rolex Rings Ltd. we try to predict two shares price target till the end of year 2025. The first share price target is around Rs 2250. And second share price target for Rolex Rings which they able to get it is about Rs 2350.
Rolex Rings Share Price Target 2030
ROE is also termed as Return on Equity. ROE indicates the efficiency of Company to generate profits from its share holder investments in the Company. ROE is around 27.83% from last one year for the stocks of Rolex rings. The average ROE% for Rolex Rings from last 3 years is around 38.25%. According to this data we can say Rolex Rings has a higher ROE% which is better for the Company in the Long run.
In this section of this article we are here to predict two shares price target for the shares of Rolex Rings at the end of this decade year 2030. The first share price target for the stocks of Rolex Rings is around Rs 3800. And second share price target for the Rolex Rings which they able to achieve at the end of year 2030 is around Rs 4000.
Rolex Rings Share Price Target 2022, 2023, 2024, 2025, 2030 Table
|Year||Rolex Rings Share Price Target|
|2022 First Target||Rs 1400|
|2022 Second Target||Rs 1470|
|2023 First Target||Rs 1640|
|2023 Second Target||Rs 1700|
|2025 First Target||Rs 1920|
|2025 Second Target||Rs 2000|
|2030 First Target||Rs 3800|
|2030 Second Target||Rs 4000|
Future Prospectus of Rolex Rings
Rolex Rings will plan to sell their shares at rate of Rs.880 to Rs.900 to raise funds of around Rs.731cr. to make their infrastructure more suitable and Comfortable for their clients globally. Rolex Rings will also plan to start their manufacturing set up in the parts of the Countries too. Rolex Rings will plan to invest more in the manufacturing of automotive components because Rolex Rings want to make more revenue from this part of their business. Nearly 54% which is more than their half of the revenue were coming from the manufacturing of bearing rings. Company need to pay its debt as soon as possible which is around Rs.250 cr.
Risks of Rolex Rings
Rolex Rings has shown a very poor revenue growth which is around -7.16% for last 3 years which Rolex Rings need to improve as soon as possible to make their Company running in profit side.
Company still persist a debt of around Rs.250cr. which is little less from last two years when company debt goes past around Rs.384cr.
Rolex Rings has reported a poor sales growth which is around -7.46% from last one year. Rolex Rings need to improve in this aspect to make their Company more reliable for the investors to invest.
Rolex Rings share is good for Buying or Not
After studying every possible aspect to check whether the investment in Rolex Rings are good or bad. Rolex Rings short term trend is not so good so we suggest you to not invest in the shares of Rolex Rings for short term period but its long term trend is positive and investor surely get benefit after they invest in the shares of Rolex rings for long term which is up to 5 to 10 years.
So, we suggest you invest in the shares of Rolex rings for long term to get more benefit and profit at the rate of 10 to 15% every year. But it must be kept in mind that before taking any investment decision at any price, do not forget to do your analysis once.
Rolex Rings Share Price Target (FAQ)
– Who is the present CEO of Rolex Rings Company?
Manesh Dayashankar Madeka is currently the CEO of Rolex Rings.
– Are Rolex Rings Debt Free Company?
If you look at the amount of debt on Rolex Rings, a little is definitely visible, but the management is trying its best to reduce the debt.
– Do Rolex Rings Share Dividend pay?
Looking at the record of the last few years, it can be said that Rolex Rings does not pay dividend to the shareholders.
I hope after reading the post Rolex Rings Share Price Target 2022, 2023, 2024, 2025 and 2030 you get a good idea about the company as well as the direction in which the company’s performance can go in the coming time. Gone. If you still have any doubt related to this post, then don’t forget to ask in comment. You can also read our other posts to stay updated with such important information related to the stock market.