Aakash Exploration Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Aakash Exploration Financial Trends, Business, future plans and more
Are you looking for Aakash Exploration Share Price Target? Then you have come to the right place. After reading this article, you will get to know about this stock very well. And you will be able to take a decision from yourself whether you have to invest in Aakash Exploration Services or not.
Hey friends, In this article we are going to do detailed analysis of the share of Aakash Exploration. With this, as I told you, we will try to predict share price target of Aakash Exploration Share. So, at first we will know about the company after that we will know its financial. After that we will try to predict its share price very well.
Before this, let me tell you that whatever Aakash Exploration share price target prediction, will be based on full chart learning and technical analysis. Which keeps on changing from time to time, so the mentioned share price target will not be 100% accurate. So, let’s talk about the Aakash Exploration company.
About Aakash Exploration
This company was formed on 2007 by Mr. Vipul Haria. Headquarters of Aakash Exploration Services Limited located in India. It is a small cap penny stock with a market capitalization of less than 5000 crore. So this was all basic information about this company, so let’s know what this company does.
This company provides services for gas and oil exploration. Aakash Exploration provides its services to Ahmedabad, Mehsana, M/S Oil & Natural Gas Corporation Ltd and Hazira Projects. And also this company provides similar services to private oil field operators namely Cairn, GSPCL, Essar, Indian Oil Corporation (IOC), Niko, Great Eastern Energy, Price Petroleum, Oil India Limited (OIL) and others.
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Aakash Exploration Financial Trends
If we talk about the revenue and profit of Aakash Exploration Services Company then –
In 2019, the revenue of Aakash Exploration Services was ₹ 51.67 and its profit was ₹ 3.41. There was a revenue of ₹ 67.48 crore in 2020 and a profit of ₹ 4.84 crore. In the same 2021, there was a profit of ₹ 57.77 crore with a revenue of ₹ 4.14 crore. And this year i.e. in 2022 there has been a strong profit of 6.12 crores with a revenue of 76.88 crores.
Aakash Exploration Share Price Target 2023, 2024, 2025, 2026, 2030 Table
|Year||Minimum Price||Maximum Price|
|Aakash Exploration Share Price Target 2023||9||11|
|Aakash Exploration Share Price Target 2024||14||17|
|Aakash Exploration Share Price Target 2025||24||28|
|Aakash Exploration Share Price Target 2026||37||42|
|Aakash Exploration Share Price Target 2027||51||56|
|Aakash Exploration Share Price Target 2028||72||78|
|Aakash Exploration Share Price Target 2029||89||99|
|Aakash Exploration Share Price Target 2030||130||160|
For more details about the share of Aakash Exploration Services Limited, watch this video –
Aakash Exploration Share Price Target 2023
The OPM of Aakash Exploration is running at 18% which can be considered quite good. And due to the good OPM of the company, the net profit of the company is quite well in the last five years. Due to which the net profit of the Aakash Exploration Services has increased from Rs.1 crore to Rs.6 crore in the last five years. Taking this into account, if we try to predict the Aakash Exploration Share Price Target 2023, then the first target can be INR 9. If this target is hits by the share of Aakash then we will get to see second target of INR 11.
Aakash Exploration Share Price Target 2024
This is a small capitalisation company as of now and therefore the stock of the company very less volatile. But looking at the increasing sales growth of the company, it is believed that the Aakash Exploration company can do well in future. This year the company’s sales have seen a growth of 29% and the company’s sales are showing quite good quarter-to-quarter growth. By these, we can conclude the first Aakash Exploration Share Price Target 2024 of INR 14 and second target of INR 17.
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Aakash Exploration Share Price Target 2025
If we talk about the long term price target of the company’s stock, then, as we know, this is a small cap company and the market cap of the Aakash’s is very low. But looking at the business model of the company, it is believed that the company can perform very well in 2025. Due to the good management of the company and the increasing sales and profit margin of the Aakash Exploration Services, the company can be expected to earn you potentially very good returns in future. Talking about the Aakash Exploration Share Price Target 2025, the first and second target of the company can be INR 24 and INR 28 respectively.
Aakash Exploration Share Price Target 2030
The fundamentals of this company are very good, due to which some growth is being seen in its stock. If we talk about its financial trends, then we see the profit, revenue and net worth of Aakash Exploration continuously increasing. So if the financial of the company continues to grow, then in the coming years there will be a huge growth in the share price. Coming to point, Aakash Exploration Share Price Target 2030, can be INR 130. And if the company hits this target due to its trends then we will get to see second target of INR 160.
We have tried to give you complete and detailed information about the Aakash Exploration Share Price Target 2023, 2024, 2025, 2026, 2030 in this article. Reading the above article will help you make a good decision about Aakash Exploration.
So friends, if you are investing in stocks only after seeing the share price target, then do not do this. Because there are many reasons behind the rise and fall of the Stock price. If you have any queries, please ask in the comment box we will try to solve your issue by providing a better solution.
Is Aakash Exploration share good to buy for long term?
I think this Aakash Exploration can give very good profit in long run. As its business model is quite strong. And anyway in the future we will get to see very good growth in the this sector stock. But whether to invest money in it or not it completely depends on you.
What will Aakash Exploration stock be worth in 10 years?
If we talk to the technical aspects of Aakash Exploration company, then you will get to see this share price between INR170 to INR200, under 10 years.
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