GNA Axles Share Price Target 2024, 2025, 2026, 2030
GNA Axles Share Price Target 2024, 2025, 2026, 2030 : GNA Axles Ltd is an auto auxiliary company working in the auto sector. The share price of this company has seen a lot of ups and downs in the last one year.
But the company can perform well in future. Looking at the business performance of the company and many other points, many experts are giving positive opinions about this company.
If you are also thinking of investing in this company and want to know how the share price target of the company can remain in the coming years, then today we will give you information about the same.
Along with the future share price target of this company working in the auto sector, you will also get information about the company’s business, growth plan, fundamentals and valuation in this article.
Therefore, if you are thinking of investing in GNA Axles Ltd, then by staying in this article till the end, you are going to get a lot of information about this company.
GNA Axles Ltd Fundamental
From the fundamental point of view, GNA Axles Ltd looks like a good company. The company is currently running by maintaining good ROE and ROCE.
| Company Name | GNA Axles Ltd |
| Market Cap | 1849 Cr. |
| 52 High/Low | 583 / 366 |
| Debt | 198 Cr. |
| PE Ratio | 15.8 |
| ROE | 19.9 % |
| ROCE | 21.4 % |
| Debt To Equity | 0.26 |
| Pramoter Holding | 68.2 % |
| Price To Book Value | 2.38 |
About GNA Axles Ltd Business
GNA Axles Ltd is an auto auxiliary company that manufactures auto components for COMMERCIAL VEHICLES, PASSENGER VEHICLES. This company mainly manufactures Rear Axles, Spindles, Shafts and other products.
Apart from this, this company sells its products in the domestic market as well as in the foreign market. The company has two manufacturing plants at Gulabgarh in Punjab and Mehtiana in Hoshiarpur.
GNA Axles Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030
| Year | Minimum Price (₹) | Maximum Price (₹) |
| GNA Axles Share Price Target 2024 | 495 रु | 499 रु |
| GNA Axles Share Price Target 2025 | 644 रु | 650 रु |
| GNA Axles Share Price Target 2026 | 760 रु | 767 रु |
| GNA Axles Share Price Target 2027 | 927 रु | 936 रु |
| GNA Axles Share Price Target 2028 | 1168 रु | 1179 रु |
| GNA Axles Share Price Target 2029 | 1437 रु | 1451 रु |
| GNA Axles Share Price Target 2030 | 1710 रु | 1727 रु |
| GNA Axles Share Price Target 2035 | 6846 रु | 6908 रु |
| GNA Axles Share Price Target 2040 | 20520 रु | 20725 रु |
You can expect CAGR returns of 18 to 22% every year from this company. The share price target of the company for the coming years can be like this.
Keep in mind that the share price target mentioned above has been determined based on the company’s past business performance and past share return performance.
Therefore, if there is any change in the business growth of the company in the coming years, then there may be a change in the share price target as well.
GNA Axles Share Price Target 2024
The company works in the auto sector and the auto sector is going to see rapid growth in India.
Indian is a developing country and even today, compared to other developed countries, very few people have their own motor vehicle.
Therefore, in the coming time, as people buy motor vehicles, not only will the companies making motor vehicles grow, but the companies making their components will also grow.
GNA Axles Ltd is a small cap company and the revenue of the company is increasing rapidly every year, hence a good rise will be seen in the share price of the company.
You can see an increase of about 18 to 20% in the share price target of this company in 24, which means GNA Axles Share Price Target can go up to the price of Rs 500 in 2024.
GNA Axles Share Price Target 2025
GNA Axles Ltd works to make products for big companies. The names of their big customer companies are Mahindra & Mahindra, John Deere, TAFE, Escort Limited, CNH, John Deere,
Names of big foreign companies for which this company makes its products: Dana Limited (USA, Australia, Mexico), KUbota Corporation (Japan), John Deere (Brazil & USA)
This means that the company’s product and client base are strong and along with this the company is seeing a growth of about 15 to 18 percent in its revenue year after year.
The revenue of this company was Rs 513 crore in March 2017, which has tripled to Rs 1583 crore in March 2023.
Considering the company’s products, client base, and revenue growth, the company’s share price target may be good for 2025. You may see GNA Axles Share Price Target going up to Rs 650 in 2025.
GNA Axles Share Price Target 2026
The business of GNA Axles Ltd will grow even more rapidly in the coming times because earlier the company used to manufacture Axle Shafts only for the commercial vehicle segment.
But now the company will also work on manufacturing axle shafts for the SUV segment, which will further diversify the company’s business and there will not be much difference in the company’s business if there is less growth in any one segment.
The company is continuously working in different segments to expand its business, due to which the company’s stock may see good growth in the coming years.
Talking about GNA Axles Share Price Target 2026, the share price target of this company for this year can be Rs 767.
GNA Axles Share Price Target 2030
Now in the coming years, the main focus of the company is on creating new products and reducing its production costs, for this the company is optimizing its manufacturing process.
Along with bringing new technology, the company is continuously trying to increase its market share among all its customers.
Due to the company’s continuous new products and efforts to reduce manufacturing costs, the company’s market share, revenue and profit margins will be seen increasing in the coming years.
Due to which the company can give good multibag returns in future. GNA Axles Share Price Target may be Rs 1727 in 2030.
Risks Of GNA Axles Ltd
- The promoter’s holding in this company was 17% in December 2020, which has come down to 8% by June 2022. Why is the promoter reducing his holding or is it a matter to think about.
- About 70 to 80 percent of the revenue of this company comes from its top 5 to 10 customers, which is a slight negative point for the company.
- If one or two customers leave, they may see a significant decline in revenue. Therefore, the company should further diversify its customers.
Positive Point of GNA Axles Ltd
- About 60% of the revenue of this company comes from exports and 40% of the revenue comes from the domestic market, which means that the company has diversified its business well.
- Earlier the company used to make its product only for passenger vehicles but in the coming time the company will bring its product for the XUV segment also which will be a good thing for the investors in the company.
- The company is continuously focusing on increasing its manufacturing capacity.
- The company is also focused on increasing its profit margin, which is a positive point for investors.
- The sales and profits of the company seem to be continuously increasing every year.
