Marine Electricals Share Price Target 2023, 2024, 2025, 2026, 2030 – Stock Analysis

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Marine Electricals Share Price Target(2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030), About Marine Electricals, Fundamentals, financial trends and more

Do you want to know the share price prediction of Marine Electricals and want the details analysis of this stock? If yes, then you are in the right place. Here we are going to discuss About Marine Electricals stock, in which we will analyze this stock and will try to predict its price.

Due to the fall in the market, there has been a huge decline in the stock of Marine Electricals and this share is available at very cheap prices. In such a way, investors are speculating whether this stock should be sold or should be kept. Or should the buy more of these stocks?

Therefore, in today’s article, we will do a detailed analysis of this stock so that you can decide for yourself whether you should buy this stock or not. Also we will know Marine Electricals Share Price Target 2023, 2024, 2025, 2026, 2030. So friends, read this article completely so that there is no doubt in your mind. And because this share price target is predicted by expert by doing technical and fundamental analysis.

About Marine Electricals Ltd

Marine Electricals Share Price Target 2023, 2024, 2025, 2026, 2030

Marine Electricals was formed in 1978 and its headquarter is located in India. This company provides integrated technical services to its customers in the field of Electrical Automation and Information and Communication Technology Solutions. The company has been serving the market in diverse sectors like Shipbuilding, Industry, Navy, Commercial Establishments since few decades. Marine Electricals is India’s largest supplier of Marine Applications for Electrical & Automation Equipment.

Marine Electricals IPO came out on Sep 28, 2018 which was listed on Oct 11, 2018 on NSE & BSE. The minimum investment size received by the subscribers of this company’s IPO was Rs.1,32,000 and the minimum lot size was 2000 shares. By the way, the chances of you getting a multibagger is more in Marine Electricals Share as it is a small cap stock, its fundamentals plus financials are good. So let us first look at its fundamentals, after that we will discuss it on financial trends.

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Marine Electricals Ltd Fundamentals

Market Cap.608Cr
ROE8.88%
P/E Ratio 36.15
EPS(TTM)1.35
Book Value 16.50
Debt to Equity 0.32
Dividend Yield 0.40%
As of published date

Marine Electricals Ltd Financial Trends

Marine Electricals Ltd Financial Trends
Marine Electricals Ltd Financial Trends

If we talk about the Revenue and Profit of Marine Electricals Company then –

Its revenue in 2019 has been ₹ 400 Cr and profit is ₹ 9.22 Cr. There was a revenue of ₹ 263 Cr in 2020 and a profit of ₹ 5.61 Cr. In the same 2021, there was a profit of 12.90 crore with a revenue of ₹ 251 Cr. And this year i.e. in 2022 there has been a strong profit of ₹ 12. 98 Cr with a revenue of ₹ 376 Cr.

Marine Electricals Share Price Target 2023, 2024, 2025, 2026, 2030 Table

YearMarine Electricals Share Price Target
2023₹35 – ₹43
2024₹45 – ₹49
2025₹54 – ₹66
2026₹71 – ₹76
2027₹83 – ₹88
2028₹89 – ₹97
2029₹109 – ₹117
2030₹124 – ₹140
Predicted Price (by chart reading) Not Accurate

Marine Electricals Share Price Target 2023

Marine Electricals Share Price Target 2023 is between ₹35 – ₹43. These price are based on technical analysis made by software’s also these price targets seem quite low right? these price targets are low because of current market conditions around since market is going down n down day by day. SO, please stay updated with us we will continue to update stock prices every months.

Marine Electricals Share Price Target 2024

If we look at the long term, then this company can perform very well. The company is still profit making and its revenue is increasing. There is not much debt on Marine Electricals, due to which we get an idea of its potential. Marine Electricals share price target 2024, we can get to see ₹45 and if this stock continues to cross this price then we can get to see another price target of ₹49.

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Marine Electricals Share Price Target 2025

The company itself is very good as it has given 26% return in last 6 months Even if we talk about 1 year returns, it is -9% but the company is trying to recover itself completely. Marine Electricals net worth is also increasing which is a good sign to buy this stock. so, talking about the Marine Electricals Share Price Target 2025, we will get to see first target of ₹54 and if the share continues to go uptrend, then we will get to see another target price of ₹66.

Marine Electricals Share Price Target 2030

As the company is performance and by looking at its financial trends, investors predicted that the share price of Marine Electricals will 4× as comparing to present price. As we know, this industry has become one of the main company of integrated technical services provider of Electrical Automation and Information and Communication Technology Solutions. This company is paying more attention to its development and is going to start providing of new types of services.

So if we talk about Marine Electricals Share Price Target 2030 then it could be between ₹124-₹140. So if you invest in this stock then there is a lot of profit potential. I am not saying this, such big investors are speculating by looking at its fundamentals.

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Conclusion

So friends, if you are investing in shares only after seeing the share price target, then do not do this. Because there are many reasons behind the rise and fall of the share price. we tried our best to tell you and to explain to you. If you invest on the shares of Paradeep Phosphates, consult an expert before investing your money.

I hope you enjoy knowing the Marine Electricals Share Price Target. If you want any more information then you can ask by commenting. We will try our best to reply to you.

FAQs

What will be the share price of Marine Electricals after 5 years?

According to our analysis, price of Marine Electricals after 5 years will be ₹83 – ₹88 in 2027. This is the expected price range, share price of the Marine can be more or less than the predicted one.

Is Marine Electricals can prove to be Multibagger in future?

Yes, Company can give very good return in long term as it is working on new technology.

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DISCLAIMER – Stock Market Investment are subject to market risks, read all scheme related documents carefully before investing.

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