Seacoast Shipping Share Price Target 2024, 2025, 2026, 2030
Seacoast Shipping Share Price Target : Are thinking of investing in Seacoast Shipping Services Ltd and want to know what the share price of this company will be in the coming years like 2024, 2025, 2026 and 2030. So in this article we are going to tell you about this.
The share price of Seacoast Shipping was once trading at a price of ₹ 40, which is continuously falling and is currently trading at a price of ₹ 3. In this article we will also try to find out the reason for the continuous decline in the share price of the company.
We will learn about the business of the company and will also look at the fundamentals of the company. Besides, we will also tell you in this article last whether you should invest in the shares of this company or not.
About the business of Seacoast Shipping Services Ltd Company.
Seacoast Shipping Services Ltd was started in 1982. Seacoast Shipping Service Limited: This company provides logistics facilities to companies doing import and export business in India.
Apart from this, this company does the work of Chartering, Freight Forwarding, Coastal trade and also does Warehousing and Transportation of FMCG products. This company is an Indian company and its headquarters is in Ahmedabad, Gujarat.
Seacoast Shipping share Price Target 2024, 2025, 2026, 2030
| Year | Price |
| Seacoast Shipping share Price Target 2024 | 5.12 रु |
| Seacoast Shipping share Price Target 2025 | 7.16 रु |
| Seacoast Shipping share Price Target 2026 | 8.96 रु |
| Seacoast Shipping share Price Target 2027 | 12.90 रु |
| Seacoast Shipping share Price Target 2028 | 18.06 रु |
| Seacoast Shipping share Price Target 2029 | 19.86 रु |
| Seacoast Shipping share Price Target 2030 | 31.79 रु |
Let us tell you that whatever share price target has been given to you, it will be achieved only when there is a continuous increase in the sales and profits of the company. Only if the company’s business performs well, the company will be seen trading at the above mentioned share price.
Seacoast Shipping Share Price Target 2024
As mentioned above, the company provides logistics facilities to the importing and exporting companies.
The business of the company shows that the business of the company is going to grow more rapidly in the coming times because India is going to become the third largest economy in the world.
Due to which there is a possibility of increasing imports and exports from India further in the coming time. Due to which logistics companies will get direct benefits from it.
Considering this business of the company, the share price target of the company for 2024 is expected to be good. Seacoast Shipping share Price Target The share price of this company is expected to be Rs 5 12 paise for 2024.
Seacoast Shipping Share Price Target 2025
Now if we look at the sales and profit of the company, the sales of the company were Rs 1 crore in March 2020, which increased to Rs 243 crore in March 2021 and currently the sales of the company are Rs 430 crore.
During this period, there has been a huge increase in the profit of the company. Its profit was zero in March 2020, which has now increased to Rs 14 crore in March 2023.
The company is performing very well in terms of sales and profit. If there is a similar increase in the performance of the company, then the share price of this company is expected to be Rs 7 16 paise in Seacoast Shipping share Price Target 2025.
Seacoast Shipping Share Price Target 2026
If we look at the way the company is growing its revenue, the company will make a revenue of around Rs 800 crore in 2026, while the profit of the company is expected to be Rs 20 to 25 crore.
If the company touches this level then the share price of the company is definitely expected to be good in 2026. Seacoast Shipping share Price Target is expected to be Rs 8 96 paise in 2026.
Seacoast Shipping Share Price Target 2030
The business performance of Seacoast Shipping Services Ltd is showing continuous growth since 2020, but still the share price of the company is going down rapidly.
The share price of the company is continuously going down, the answer to which probably no one knows. But if the way the company is performing now continues to be seen in the coming years, then by 2030 the company’s share price target may be seen reaching its old level.
Seacoast Shipping share Price Target will make good returns to its investors in 2030 and the share price of the company can go up to the level of ₹31.
Invest in Seacoast Shipping or not.
If you look at the fundamentals of this company, the fundamentals of the company appear to be fine. The company has a debt of about Rs 25 crore, which is slightly more in terms of market cap. At the same time, if we look at the ROE and ROCE numbers of the company, these numbers also look good to us.
If we look at the profit and revenue of the company, then the profit and revenue of the company is continuously increasing. The promoter holding of the company is slightly less. If the company reduces its debt a bit and shows similar revenue and profit growth for the next several years, then the company can prove to be a multibagger stock.
But keep in mind that this company is a penny stock and it is difficult to say anything about when the share of penny stock will be called, your entire money in this type of share can also be zero.
