SEL Manufacturing Stock Price Forecast: Target Range for 2024 to 2030 and Additional Insights

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SEL Manufacturing Company Ltd, a prominent player in India’s textile industry, specializes in the production of yarn, knitted fabrics, and garments. Operating in a vertically integrated model, the company is involved in various segments of the textile value chain, which allows it to maintain a robust supply chain and offer competitive pricing. SEL Manufacturing serves a diverse clientele, both domestically and internationally, thus ensuring a steady demand for its products. As of October 11, 2024, the SEL Manufacturing share price on the National Stock Exchange (NSE) stands at 51.00 INR. In this article, we will explore the share price targets for SEL Manufacturing from 2024 to 2030, alongside an in-depth analysis of its market performance, financial metrics, and competitive landscape.

SEL Manufacturing Company Ltd: Market Overview

  • Open Price: 51.96 INR
  • High Price: 52.30 INR
  • Low Price: 50.00 INR
  • Previous Close: 50.94 INR
  • Volume: 7,654
  • Value (Lacs): 3.91
  • VWAP: 50.86 INR
  • UC Limit: 53.48 INR
  • LC Limit: 48.39 INR
  • P/E Ratio: N/A
  • Dividend Yield: N/A
  • 52-week High: 111.40 INR
  • 52-week Low: 46.09 INR
  • Market Capitalization: 168.19 Crores
  • Face Value: 10 INR

Competitive Landscape for SEL Manufacturing

In a highly competitive textile market, SEL Manufacturing faces competition from several notable players. Below is a comparison of its key competitors and their market capitalizations:

Company Market Capitalization
Arvind Ltd ₹2,000 Crores
Vardhman Textiles Ltd ₹11,000 Crores
Trident Ltd ₹8,000 Crores
Raymond Ltd ₹7,500 Crores
Welspun India Ltd ₹9,000 Crores

SEL Manufacturing Share Price Chart

SEL Manufacturing Share Price Chart

SEL Manufacturing Share Price Target Forecast (2024 to 2030)

Years Share Price Target (INR)
2024 ₹105
2025 ₹123
2026 ₹147
2027 ₹175
2028 ₹208
2029 ₹237
2030 ₹270

SEL Manufacturing Share Price Target 2024

The expected share price target for SEL Manufacturing in 2024 is projected to be ₹105. Several critical factors are influencing this forecast:

  • Raw Material Prices: The textile industry is heavily influenced by the fluctuating prices of raw materials such as cotton and synthetic fibers. Changes in these prices can directly affect SEL Manufacturing’s production costs and profit margins.
  • Export Demand: The company’s revenue is significantly driven by its ability to tap into international markets. An increase in global demand, particularly from key regions like Europe and the USA, is likely to enhance revenue and positively impact the stock price.
  • Government Policies: Initiatives like subsidies and export incentives in favor of domestic textile production can bolster SEL Manufacturing’s growth prospects, contributing to potential increases in its stock price.

SEL Manufacturing Share Price Target 2025

For 2025, the estimated share price target for SEL Manufacturing is expected to be ₹123. Key growth factors for this period include:

  • Technological Advancements: Investing in new manufacturing technologies can enhance efficiency and lower costs. The implementation of automation and sustainable practices can position SEL Manufacturing favorably in the market.
  • Market Expansion: The ability to grow its footprint in existing and new markets is essential. A successful strategy for penetration or expansion can result in increased sales and higher stock value.
  • Sustainability Initiatives: With rising consumer awareness around sustainability, SEL Manufacturing’s commitment to environmentally friendly production may attract a broader customer base, translating into higher sales and improved investor sentiment.

SEL Manufacturing Share Price Target 2030

By 2030, SEL Manufacturing’s share price target is anticipated to reach ₹270. This optimistic forecast is grounded on several future-forward factors:

  • Diversification of Product Offerings: Expanding the product lineup and tapping into new market segments can provide alternative revenue streams, reducing reliance on single product categories and improving overall financial performance.
  • Global Supply Chain Optimization: Efficient management of the supply chain to reduce costs and improve delivery times will be crucial. By forming strategic partnerships, SEL Manufacturing can enhance its competitive position.
  • Regulatory and Environmental Compliance: Adapting to evolving regulations and embracing eco-friendly practices will bolster the company’s market reputation. Compliance with higher environmental standards can attract socially responsible investors, further driving share price increases.

SEL Manufacturing Company Ltd Shareholding Pattern

  • Promoters: 75.00%
  • Other Domestic Institutions: 18.36%
  • Retail and Others: 6.51%
  • Foreign Institutions: 0.13%

SEL Manufacturing Company Ltd Shareholding Pattern

SEL Manufacturing Company Ltd Financial Performance

Metrics (INR) 2024 Year-on-Year Change
Revenue 3.75B -32.52%
Operating Expense 1.91B