Triveni Glass Share Price Target 2024, 2025, 2026, 2030
Triveni Glass Share Price Target 2024, 2025, 2026, 2030: Triveni Glass Limited is a penny stock whose market cap is only Rs 40 crore.
If you want to invest in this company and want to know what the future share price target of the company is going to be, then we are going to give you this information in this article.
You will get detailed information about Triveni Glass Limited Share Price Target through this article. Along with this, we will also know the business of the company and its fundamentals, and in the end, we will tell you whether you should invest in this company or not.
About the business of Triveni Glass Ltd.
Triveni Glass Limited is an Indian company that manufactures glass. The company mainly manufactures clear and colour-patterned glass in about 25 different designs.
Along with this, the company also manufactures all types of flat glass. Along with this, the company exports its products to many other countries, like Italy, France, Mexico, South Africa, Australia, Egypt, Sudan, Sri Lanka, Bangladesh, Singapore, and the United Arab Emirates. Emirates and Oman also export to all these countries.
The company has manufacturing plants in Allahabad and Meerut in Uttar Pradesh; along with this, the company also has a manufacturing plant in Andhra Pradesh.
| Company Name | Triveni Glass Ltd |
| Market Cap | 40 Cr. |
| 52 High/Low | 38.5 / 15.7 |
| Debt | 18.7 Cr. |
| PE Ratio | 31.2 |
| ROE | …. |
| ROCE | 265 |
| Debt To Equity | 0.45 |
| Pramoter Holding | 5.42 |
| Price To Book Value | …. |
Triveni Glass Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, and 2030
| Year | Minimum Price (₹) | Maximum Price (₹) |
| Triveni Glass Share Price Target 2024 | 35.70 रु | 37.50 रु |
| Triveni Glass Share Price Target 2025 | 31 रु | 30 रु |
| Triveni Glass Share Price Target 2026 | 27 रु | 26 रु |
| Triveni Glass Share Price Target 2027 | 24 रु | 21 रु |
| Triveni Glass Share Price Target 2028 | 17 रु | 15 रु |
| Triveni Glass Share Price Target 2029 | 11 रु | 10 रु |
| Triveni Glass Share Price Target 2030 | 9 रु | 8 रु |
| Triveni Glass Share Price Target 2035 | 7 रु | 6 रु |
| Triveni Glass Share Price Target 2040 | 5 रु | 4.5 रु |
If we look at the past business performance and fundamentals of Triveni Glass Limited, the company may disappoint its investors in the coming years.
The company has not shown any business growth in the last 5 to 10 years, due to which we do not think that it will show any kind of business growth in the coming years either.
Because of this, if you invest in this company, you will get negative returns.
Triveni Glass Share Price Target 2024
Triveni Glass Limited is a penny stock, and the market cap of the company is Rs 40 crore. If we look at the fundamentals of the company, the ROE number of the company is zero, and along with this, the company has a debt of about Rs 18 crore.
If we look at the promoter’s holding in this company, the promoter’s holding is only 5%.
With this, the PE ratio of the company comes out to be 31. Which is excessive according to the valuation.
The share price target of Triveni Glass Limited may be disappointing in 2024, and you may see this company trading at a price of ₹ 37 in 2024.
Triveni Glass Share Price Target 2025
If we look at the revenue of Triveni Glass Limited, the company’s revenue was Rs 59 crore in March 2020, which will become zero in March 2023 by the time the work is done.
That means the company is not increasing its sales in any way, whereas the company’s sales have come to zero.
A good share price target cannot be expected from a company that is not able to generate sales in any way. Triveni Glass Share Price Target can be Rs 30 in 2025.
Triveni Glass Share Price Target 2026
Even in 2026, the share price target of Triveni Glass Limited is not expected to be very good for investors.
Even in 2026, the company will disappoint its investors and make negative returns. You may see Triveni Glass Share Price Target trading up to Rs 26 in 2026.
Triveni Glass Share Price Target: 2030
If you look at the profit and loss statement of Triveni Glass Limited, the company is generating profit, but the company’s profit is coming from other income.
Which is not good for any business. Along with this, the company is unable to generate consistent profits. From any perspective, it does not seem that Triveni Glass Limited will make good returns for the investors. Triveni Glass’s share price target is likely to be Rs 8 in 2030.
Should we invest in Triveni Glass Limited?
Triveni Glass Limited is a penny stock whose market cap is Rs 40 crore. Being a penny stock, the share price of the company can be manipulated by the operator, and the promoter’s holding in the company is very low.
And the promoter is continuously reducing his holding in this company.
Also, if we look at the fundamentals of the company, the fundamentals of the company do not appear to be strong at all.
Apart from this, instead of increasing every year, the revenue of the company is decreasing, and at the same time, the company is continuously failing to generate profit every year.
Looking at the business performance and fundamentals of the company, any investor should stay away from a company like Triveni Glass Limited because the shares of such a company, which is continuously doing poor business, perform poorly.
Triveni Glass Share Price Target Related FAQs:
What is the debt of Triveni Glass?
Triveni Class has a debt of about Rs 18 crore.
