In this article, we are going to do Exide share price targets for 2023, 2024, 2025, and 2030. Which is the fastest-growing company in the battery sector. As the demand for batteries is increasing, many retail investors are showing interest in investing in this stock.
If you are looking to invest in this stock, then it is very important for you to know how the company’s business will show in the future. Today we will try to know by doing a complete analysis of the business of Exide Industries, how is the performance showing in the coming days. And how much money is expected to go to the target? Let us know in detail…
Exide Share Price Target 2023
Exide Industries has continuously put its full focus on the Battery sector. For which the company has sold its insurance sector Exide Life to HDFC Life for Rs 6600 crore plus. Earlier the company used to do its business in insurance apart from the Batteries sector. But now the entire focus of the company is going to be on making batteries.
Because the company was not able to see that much good performance in the insurance sector. Due to this, the company will be seen investing more and more in the battery business in the future by coming out of that sector. This gives the company full hope of showing good growth in this sector.
Talking about the short time, in 2023 the share price of the company is going to show you the first target of Rs 250. After this target, you try to buy another target for Rs 260.
Exide Share Price Target 2024:
The business of the company mostly depends on India. However, some revenue also comes from outside. But the original 94 percent of revenue is seen to be dependent on domestic business only. Therefore, the company seems to be trying its best to expand its market in other countries as well.
For which the company seems to be making a lot of investments. Its benefits can be seen in the results in the coming years. The way people are becoming more and more dependent on electricity. It can be said that in the coming days, the company related to the battery is going to make a good profit.
If the company is able to grow its business like this, then in the coming years, by 2024, the share price of Exide can see the first target of Rs 290. After that, you see the second target for Rs 325.
Exide Share Price Target 2025:
Most people have started investing in Exide stock for the long term for this reason as the company has been rapidly growing its business on lithium-ion batteries for the last few years. The way most people are paying attention to the electric vehicle right now. The biggest component in the same electric vehicle is going to be the lithium-ion battery.
And in this battery, Exide seems to be making full preparations to capture the biggest market. If the company is able to capture more and more markets in the coming days, then with the growth of the business of Exide Industries, there is going to be a tremendous jump in the share price.
If the business is seen going according to the company’s plan, then by 2025 its share price can be seen showing the first target of Rs 350. Then hit another target to hold it for Rs 410.
Exide Share Price Target 2030:
As you stay invested in the stock of Exide Industries for a long time, you are going to see good growth in the business of the company. The way government seems to be promoting more and more to depend on electric vehicles and solar.
This is going to be the biggest benefit to the battery maker. Because in both these future businesses, batteries will be seen providing an important role. Due to this, its demand is going to increase very fast.
Due to the increase in demand, you will see a one-sided boom in the business of the company. If we talk about the share price of the company till 2030, then there is every possibility of trading around Rs 1250.
Exide Share Price Targets for 2023, 2024, 2025, & 2030 are given below:
|Year||Share Price Targets First||Share Price Targets Second|
|2023||Rs. 250||Rs. 260|
|2024||Rs. 290||Rs. 325|
|2025||Rs. 350||Rs. 410|
Exide’s stock is forward-looking:
Looking at the business of Exide with a view to the future, it looks quite good. Constantly the management seems to be making changes in its business with a view to the future. Due to this, you will definitely see its benefits in the company’s business in the long run.
The business of the company has just started. As people gradually start relying on solar and electric vehicles, the use of batteries will also be seen to increase a lot.
If Exide is seen to be capturing the market at most, then we will see taking full advantage. In view of this, it can be said that Exide shares have the full potential to give you good returns in the long run.
Analyzing Exide stock’s financial situation:
Looking at the financial results of the company, it looks quite good. Moving forward with good growth every year. At the same time, the debt of the company is said to be negligible, with this the cash reserve of the company is continuously increasing. Due to this, the company will go a long way in the coming days.
Risk of Investing Exide Share:
That much risk is not seen inside the company, but its partner company Amara Raja Batteries is turning out to be a big competitor in its business. Continuing to capture Exide’s market share. In the coming years, if the management of the company is not seen making new changes in its business, then big trouble can be seen in the business of the company.
From My Perspective:
There are many opportunities in the company in the future. But at the same time, the risk is also seen a little bit. If you are looking to invest at any price, then do your analysis once. This will help you buy at the right price.
I hope by reading the article Exide share price targets for 2023, 2024, 2025, and 2030, you must have got an idea of the company’s business details along with its performance in the future. If you still have any questions related to this post, then definitely tell me in the comment.