Today, we’re going on a journey to explore the estimated 3M India Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected 3M India Share Price Target.
3M India is a subsidiary of the 3M Company, which is a global science-based company that produces a wide range of products for various industries, including healthcare, automotive, electronics, and consumer goods.
The company offers solutions to automotive tire suppliers, OEMs, and aftermarket segments, and is known as a value supplier as well as a thought leader in the road safety market.
It has also increased investments in partnerships with medical bodies such as CAHO (Consortium of Accredited Healthcare Organisations), INS (Infusion Nurses Society), and AORN (Association of Perioperative Registered Nurses). 3M India has initiated steps to broaden its product portfolio for the retail segment and plans to increase penetration via all channels.
Overview of 3M India
| Name | 3M India |
|---|---|
| Symbol | 3MINDIA |
| Industry | Diversified |
| Founded | Unknown |
| CEO | Mr. Amit Laroya |
| Headquarters | Bengaluru, India |
| Country | India |
| Locations | Multiple locations in India |
| Website | www.3mindia.in |
| Profile | 3M_India |
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched 3M India Share price target for 2023, 2025, 2030 to 2050. Additionally, we will also take into account analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation.
Keep an eye on 3M India’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in 3M India’s share price.
Fundamentals of 3M India
The fundamental analysis of 3M India Limited focuses on key factors to better understand the company’s valuation.
Brokerage Firms
An effective method for evaluating the 3M India share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 25 AUG 2023 | ICICI Securities Limited | 35200.00 |
Buy
|
| 11 AUG 2023 | ICICI Securities Limited | 32650.00 |
Buy
|
| 31 MAY 2023 | ICICI Securities Limited | 29150.00 |
Buy
|
| 09 FEB 2023 | ICICI Securities Limited | 27400.00 |
Buy
|
Analyst Recommendations
3M India Buy or Sell
Daily Low / High
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| Facebook Page | 👉 Click Here ☑ |
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched 3M India price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
For the year 2023, my minimum target for 3M India’s share price is ₹35,000, while my maximum target is ₹40,000. The reason behind this is that 3M India has reported a strong growth in end-user industries, which is expected to continue in the coming years. Additionally, the company has passed on additional costs with a lag and improved its EBITDA margin to 15.3% in FY23 from 11.7% in FY22. These factors, along with the company’s continued investments in new products and partnerships, are expected to drive revenue and PAT CAGRs of 14.5% and 16.4% over FY23-FY25E, leading to healthy EVA creation.
Moving on to 2024, my minimum target for 3M India’s share price is ₹45,000, while my maximum target is ₹50,000. This is based on the assumption that the company will continue to experience strong growth in end-user industries, and will maintain its competitive advantages such as strong brands, an established distribution network, and access to parent technology. Additionally, the company’s RoE is expected to expand over the same timeframe, further driving shareholder value.
Looking ahead to 2025, my minimum target for 3M India’s share price is ₹55,000, while my maximum target is ₹60,000. This is based on the assumption that the company will continue to experience strong revenue and PAT CAGRs, and will maintain its competitive advantages. Additionally, the company’s continued investments in new products and partnerships are expected to drive further growth and value creation.
Moving on to 2027, my minimum target for 3M India’s share price is ₹75,000, while my maximum target is ₹80,000. This is based on the assumption that the company will continue to experience strong revenue and PAT CAGRs, and will maintain its competitive advantages. Additionally, the company’s continued investments in new products and partnerships are expected to drive further growth and value creation.
Looking ahead to 2030, my minimum target for 3M India’s share price is ₹100,000, while my maximum target is ₹120,000. This is based on the assumption that the company will continue to experience strong growth in end-user industries, and will continue to invest in new products and partnerships. Additionally, the company’s RoE is expected to expand over the same timeframe, further driving shareholder value.
Looking ahead to 2050, my minimum target for 3M India’s share price is ₹300,000, while my maximum target is ₹400,000. This is based on the assumption that the company will continue to experience strong revenue and PAT CAGRs, and will maintain its competitive advantages. Additionally, the company’s continued investments in new products and partnerships are expected to drive further growth and value creation, and the company’s RoE is expected to remain strong.
| Year | Maximum Target (INR) | Minimum Target (INR) |
|---|---|---|
| 2050 | ₹400,000 | ₹300,000 |
| 2040 | ₹250,000 | ₹200,000 |
| 2035 | ₹180,000 | ₹150,000 |
| 2030 | ₹120,000 | ₹100,000 |
| 2027 | ₹80,000 | ₹75,000 |
| 2026 | ₹70,000 | ₹65,000 |
| 2025 | ₹60,000 | ₹55,000 |
| 2024 | ₹50,000 | ₹45,000 |
| 2023 | ₹40,000 | ₹35,000 |
– According to Google historical data, the price of 3M India on 1 Jan 1999 was ₹239.80.
– As of 25 August 2023, the current share price of 3M India is ₹30,362.25 Check out today’s current share price.
– Based on our analysis, the maximum share price target for 3M India in 2023 could be ₹35,000.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– These Share Price Targets for “3M India Share Price Target” are only provided for informational purposes only. It does not constitute a recommendation to buy, sell, or hold 3M India stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
