Jyoti Structure Share Price Target for 2024 to 2030: Predictions and Insights

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Jyoti Structures Limited is a prominent player in the engineering, procurement, and construction (EPC) industry, specializing in power transmission and distribution projects. Established in 1974, the company has grown to become a cornerstone of infrastructure development, particularly in high-voltage transmission lines, substations, and distribution networks. It provides essential services both in India and on an international scale, operating across Asia, Africa, and the Middle East. As of October 10, 2024, Jyoti Structures’ share price stands at ₹33.60 on the NSE. This article will delve deeply into the company’s stock performance, market dynamics, financial outlook, and future pricing targets from 2024 to 2030.

Market Overview of Jyoti Structures Limited

  • Open Price: ₹32.70
  • High Price: ₹34.90
  • Low Price: ₹30.80
  • Previous Close: ₹32.07
  • Volume: 52,333,038
  • Value (Lacs): ₹17,615.30
  • VWAP: ₹32.97
  • Upper Circuit Limit: ₹35.27
  • Lower Circuit Limit: ₹28.86
  • P/E Ratio: 77.49
  • Dividend Yield: N/A
  • 52-Week High: ₹34.90
  • 52-Week Low: ₹10.70
  • Market Capitalization: ₹2,940 Crores
  • Face Value: ₹2

Key Competitors of Jyoti Structures Limited

Jyoti Structures Limited faces competition from several well-established companies in the EPC sector. Below are key competitors and their approximate market capitalizations:

Competitor Market Capitalization
KEC International Ltd ₹17,000 Crores
Kalpataru Power Transmission Ltd ₹18,500 Crores
Sterlite Power Transmission Ltd ₹4,500 Crores
Techno Electric & Engineering Co Ltd ₹4,300 Crores
Skipper Ltd ₹1,800 Crores

Jyoti Structures Limited Share Price Analysis

Jyoti Structure Share Price Chart

Expected Share Price Targets of Jyoti Structures (2024-2030)

Year Projected Share Price Target
2024 ₹37
2025 ₹52
2026 ₹60
2027 ₹67
2028 ₹75
2029 ₹82
2030 ₹93

Factors Influencing Share Price Target in 2024

For the year 2024, the expected target for Jyoti Structures’ share price could be around ₹37. The following factors may significantly influence this target:

  • Government Infrastructure Spending: Increased investment in power infrastructure, especially from the government, may bolster Jyoti Structures’ project pipeline, positively affecting its share price.
  • Financial Restructuring and Debt Management: Efficient debt management and restructuring can help recover investor confidence, contributing to a stronger share price.
  • International Project Opportunities: Expanding projects in international markets like Africa and the Middle East can open new revenue streams, likely elevating share prices.

Factors Influencing Share Price Target in 2025

The projected target for Jyoti Structures’ share price in 2025 is expected to reach ₹52. Key influencing factors include:

  • Execution of Ongoing Projects: Successfully completing current projects will enhance the company’s standing and potentially increase share price.
  • Access to New Contracts: Winning new tenders, especially in high-growth markets, is crucial for the company’s future revenue and share price growth.
  • Technological Advancements: Adopting innovative technologies in power transmission can help Jyoti Structures maintain a competitive edge and foster share price appreciation.

Factors Influencing Share Price Target in 2030

For 2030, the share price target for Jyoti Structures is projected to hit ₹93. Here are vital factors influencing this outlook:

  • Global Energy Transition: The shift towards renewable energy sources will influence Jyoti Structures’ participation in green projects, affecting its financial growth.
  • Market Expansion: Penetrating untapped markets will be critical for sustained growth and revenue diversification.
  • Financial Health: Prolonged operational efficiency and effective financial management will be pivotal for long-term success and positive share price movement.

Shareholding Pattern of Jyoti Structures Limited

  • Promoter Holdings: 0%
  • Foreign Institutional Investors (FII): 1.4%
  • Domestic Institutional Investors (DII): 1.9%
  • Public Holdings: 96.8%

Jyoti Structures Limited Shareholding Pattern

Financial Performance of Jyoti Structures Limited

(INR) 2024 Y/Y Change
Revenue 4.51B 96.91%
Operating Expenses 843.03M 61.99%