Vikas Ecotech share price target: 2024, 2025, 2026, 2028 and 2030
Vikas Ecotech Limited, a prominent manufacturer of specialty chemicals and polymer additives based in India, has demonstrated strong performance, garnering interest from long-term investors. Positioned as a key player in the chemical industry, the company offers a diverse range of products, including plastic additives, PVC compounds, and lubricants.
With a robust product portfolio, Vikas Ecotech has established a solid reputation across the automotive, packaging, construction, and agriculture sectors. This article examines the projected share price targets for Vikas Ecotech in 2024, 2025, 2026, 2028, and 2030, providing essential insights for potential investors. Before delving into the share price forecasts, let’s first explore a concise overview of the company.
Vikas Ecotech Limited: Brief Information
Vikas Ecotech, a distinguished Indian enterprise operating in the specialty chemicals and polymer compounds sector, is headquartered in Gurugram, Haryana. It delivers pioneering solutions to a wide array of industries including automotive, packaging, consumer goods, and construction.
Specializing in additives, fillers, plasticizers, and colorants, Vikas Ecotech manufactures products that cater to varied applications globally, meeting precise customer needs. The company remains dedicated to innovation and sustainability, ensuring continued advancement in the chemical industry while prioritizing customer satisfaction.
Vikas Ecotech Share Price Targets for 2024 to 2030
Vikas Ecotech has experienced a downward trend over recent years with modest revenue growth of 15.7% annually. However, the company has successfully expanded its market footprint both locally and internationally, achieving a profit increase of 45.89%.
Despite a steady rise in demand for specialty chemicals, Vikas Ecotech’s stock price has shown limited movement over the past decade, except for a notable peak in January 2018 that yielded substantial returns. Subsequently, the stock has seen minimal growth in the following year.
Historically, Vikas Ecotech has delivered substantial returns, ranging from 200% to 400% every two to three years. Therefore, it remains a promising investment for the near term, spanning two to three years. The projected share price targets for Vikas Ecotech for 2024, 2025, 2026, 2028, and 2030 are provided below.
2024
Based on our research findings, we project that Vikas Ecotech’s target share price could potentially increase by 120% to 160% from current levels, reaching a range between Rs 5.50 and Rs 8.30 by 2024.
| Month | Target |
|---|---|
| January | ₹3.30 |
| February | ₹3.25 |
| March | ₹3.75 |
| April | ₹3.88 |
| May | ₹4.12 |
| June | ₹5.50 |
| July | ₹5.25 |
| August | ₹6.12 |
| September | ₹6.58 |
| October | ₹7.10 |
| November | ₹8.05 |
| December | ₹8.30 |
2025
Based on the growth expected in 2024, Vikas Ecotech’s share price will continue to rise steadily. The target price for 2025 is estimated in the range of Rs 7.20 to Rs 12.50 per share, reflecting the company’s continued growth and market recognition.
| Month | Target |
|---|---|
| January | ₹7.30 |
| February | ₹7.20 |
| March | ₹7.70 |
| April | ₹8.10 |
| May | ₹8.52 |
| June | ₹9.25 |
| July | ₹10.10 |
| August | ₹11.12 |
| September | ₹12.50 |
| October | ₹11.70 |
| November | ₹11.05 |
| December | ₹12.12 |
2026
The target price for Vikas Ecotech is Rs 11.50 to Rs 15.50 per share in 2026, reflecting the company’s steady growth and potential returns for investors, as Vikas Ecotech continues to expand its market presence over the years.
| Month | Target |
|---|---|
| January | ₹11.52 |
| February | ₹11.75 |
| March | ₹11.98 |
| April | ₹12.80 |
| May | ₹12.25 |
| June | ₹12.50 |
| July | ₹12.85 |
| August | ₹13.12 |
| September | ₹13.58 |
| October | ₹14.10 |
| November | ₹14.42 |
| December | ₹15.50 |
2028
Looking ahead, Vikas Ecotech’s market expansion and product diversification efforts are expected to bear positive results. By 2028, a target of Rs 18.20 to Rs 28.40 per share can be expected, indicating continued growth and increasing market share of the company.
2030
In the long term, Vikas Ecotech’s continued focus on innovation and strategic initiatives is expected to enhance its market value. By 2030, a target share price range of Rs 30.50 to Rs 42.50 per share can be estimated, reflecting the company’s mature presence and potential for significant returns.
Note: Predicting share prices is challenging, but it is possible to provide an approximate price range for Vikas Ecotech over the next few years. The estimated price targets are based on the company’s historical performance, growth prospects, market dynamics and our research. But, these target values are subject to various risk factors, so research well and consult your financial advisor.
Fundamentals of Vikas Ecotech
| Metric | Value |
|---|---|
| Primary Exchange | NSE/BSE |
| Traded Volume | 1,733,436 |
| Market Cap | ₹ 281 Cr |
| Revenue | ₹ 68.33 Cr |
| Net Profit | ₹ 1.79 Cr |
| Net Profit Margin | 2.62% |
| EPS | 0.11 |
| PE Ratio | 25.81 |
| Dividend Yield | 2.27% |
| ROE | 4.09% |
| Debt to Equity | 0.31 |
| Face Value | ₹ 1 |
FAQs
Is Vikas Ecotech a good company for investment?
The share price trend analysis by the Bankshala team indicates that it is bullish for the near term and is likely to grow to some extent.
What is the share price target for Vikas Ecotech in 2025?
The share price target for Vikas Ecotech is Rs 7.20 to Rs 12.50 per share by 2025.
What is the current share price of Vikas Ecotech in June 2023?
The current share price of Vikas Ecotech as on June 11, 2023, is Rs 2.92 per share.
What is the share price target for Vikas Ecotech in 2030?
The share price target for Vikas Ecotech is Rs Rs 30.50 to Rs 42.50 per share by 2030.
What is target price of Vikas Ecotech in 2028?
The highest target price for Vikas Ecotech in 2028 is Rs 18.20 to Rs 28.40.
Conclusion
Vikas Ecotech Limited is an attractive investment for short-term investors, backed by a year-on-year profit percentage and growing market presence. The years 2024 to 2030 are bullish and can expect average returns. Share prices are subject to market fluctuations and other variables. Therefore, investors should do their own research and consult financial professionals before making any investment decision.
(Disclaimer: The share price and other information of Vikas Ecotech are based on its results over the years. This information should not be considered investment advice in any way. Investing in the stock market is subject to risk and you should consult your financial advisor before investing.)