Astral Share Price Target for 2023, 2025, 2027, 2030, 2035, 2040, and 2050 is based on the company’s growth prospects:— Astral is a leading player in the plumbing, drainage, and piping systems industry in India, with a strong reputation for quality, innovation, and customer service.
As an investor or a beginner interested in Astral, it is essential to understand the potential of a Astral Share Price Target. In this blog post, we will take a closer look at Astral share price target with a comprehensive overview of the company’s stock price.
So, whether you are a long-time shareholder or are considering investing in Astral for the first time, we will also provide an analysis of Astral performance and the outlook for its future growth.
The stock market can be unpredictable, and prices can change rapidly in response to various factors such as economic conditions, global events, or company-specific news. So, we’ll be providing you with Today’s Astral Share Price, including changes in value and other relevant information.
Astral Overview
Astral is a leading manufacturer and supplier of plumbing, drainage, and piping systems in India. The company was founded in 1996 and is headquartered in Ahmedabad, Gujarat. Astral operates across India and also has a global presence, with operations in over 40 countries worldwide.
The company’s product portfolio includes a wide range of products such as pipes, fittings, valves, adhesives, and water storage tanks. Astral’s products are used in a variety of applications, including residential, commercial, industrial, and agricultural.
Astral has a strong focus on innovation and has invested heavily in research and development to develop new and advanced products. The company has also established several manufacturing facilities across India to ensure timely and efficient delivery of its products.
Astral has received several awards and recognitions for its products and services, including the Frost & Sullivan ‘Indian Pipes and Fittings Company of the Year’ award in 2019. The company has also been recognized for its sustainable practices and commitment to social responsibility.
Fundamentals of Astral
One way to check the Astral share price forecast is to look at the research reports and analysis provided by financial institutions and brokerage firms. These firms often provide detailed reports on the company’s financials and future outlook, along with recommendations and target prices.
| DATE | AUTHOR | TARGET | REPORT |
|---|---|---|---|
| 14 MAR 2023 | ICICI Direct | 1560.00 | |
| 10 MAR 2023 | ICICI Securities Limited | 2373.00 | |
| 10 FEB 2023 | HDFC Securities | 1880.00 | |
| 09 FEB 2023 | ICICI Securities Limited | 2373.00 | |
| 09 FEB 2023 | ICICI Direct | 2185.00 | |
| 08 FEB 2023 | Axis Direct | 2300.00 | |
| 08 FEB 2023 | IDBI Capital | 2244.00 | |
| 17 JAN 2023 | ICICI Securities Limited | 2295.00 | |
| 23 DEC 2022 | ICICI Securities Limited | 2295.00 | |
| 14 NOV 2022 | ICICI Securities Limited | 2182.00 | |
| 14 NOV 2022 | ICICI Direct | 2275.00 | |
| 12 NOV 2022 | HDFC Securities | 1810.00 | |
| 09 SEP 2022 | ICICI Direct | 2650.00 | |
| 17 AUG 2022 | Axis Direct | 2225.00 | |
| 16 AUG 2022 | HDFC Securities | 1950.00 | |
| 16 AUG 2022 | IDBI Capital | 2283.00 | |
| 16 AUG 2022 | ICICI Direct | 2100.00 | |
| 15 AUG 2022 | ICICI Securities Limited | 2076.00 | |
| 13 AUG 2022 | Edelweiss | 2377.00 | |
| 12 AUG 2022 | BOB Capital Markets Ltd. | 2205.00 |
As an investor, you may be wondering what the future holds for Astral and its share price. we’ll take a look at the current state of Astral and try to predict what its share price might look like in the next 10 to 30 years.
| Years | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹1620 | ₹1687 |
| 2024 | ₹1911 | ₹2025 |
| 2025 | ₹2196 | ₹2331 |
| 2026 | ₹2459 | ₹2587 |
| 2027 | ₹2846 | ₹2967 |
| 2030 | ₹4114 | ₹4455 |
| 2040 | ₹8775 | ₹9423 |
| 2050 | ₹24,300 | ₹30,600 |
Based on the current market trends and the company’s financial performance, it is expected that Astral’s share price will grow by around 20-25% in 2023. Therefore, the minimum target for 2023 can be INR 1620 and the maximum target can be INR 1687.
The company is likely to continue its growth trajectory, which may result in a share price increase of around 18-20% in 2024. Therefore, the minimum target for 2024 can be INR 1911 and the maximum target can be INR 2025.
In 2025, the company’s share price may grow by around 15-18%, driven by strong financial performance and growth prospects. Therefore, the minimum target for 2025 can be INR 2196 and the maximum target can be INR 2331.
The company’s growth momentum is expected to continue in 2026, leading to a share price increase of around 12-15%. Therefore, the minimum target for 2026 can be INR 2459 and the maximum target can be INR 2587.
In 2027, the share price may grow by around 10-12% due to the company’s expansion plans and increasing demand for its products. Therefore, the minimum target for 2027 can be INR 2846 and the maximum target can be INR 2967.
By 2030, the company is expected to have a strong market position and a diversified product portfolio, which may lead to a share price increase of around 25-30%. Therefore, the minimum target for 2030 can be INR 4114 and the maximum target can be INR 4455.
In 2040, Astral’s share price may grow by around 50-60% as the company is expected to benefit from long-term trends such as urbanization and infrastructure development. Therefore, the minimum target for 2040 can be INR 8775 and the maximum target can be INR 9423.
Looking even further ahead, by 2050, the company’s share price may grow by around 80-100% driven by further expansion, product innovation, and favorable market trends. Therefore, the minimum target for 2050 can be INR 24,300 and the maximum target can be INR 30,600.
Business Model
Astral’s business model is focused on manufacturing and supplying a wide range of plumbing, drainage, and piping systems to various industries such as residential, commercial, industrial, and agricultural sectors. The company primarily generates revenue through the sale of its products, which include pipes, fittings, valves, adhesives, and water storage tanks.
Astral operates on a multi-channel distribution model that includes both direct sales and channel partners. The company has established a wide distribution network across India, with a strong presence in both urban and rural markets. Astral also has a global presence, with operations in over 40 countries worldwide.
Astral places a strong emphasis on innovation and research and development to develop new and advanced products that cater to the evolving needs of its customers. The company invests heavily in its manufacturing capabilities, with multiple manufacturing facilities across India.
In addition to its focus on product innovation and manufacturing capabilities, Astral also places a strong emphasis on customer service and support. The company offers technical support, training, and after-sales service to its customers, which helps to build long-term relationships and customer loyalty.
Overall, Astral’s business model is focused on delivering high-quality, innovative products to its customers across a wide range of industries and markets, with a strong emphasis on customer service and support. The company’s strong reputation for quality and innovation has helped it to establish a leading position in the plumbing, drainage, and piping systems industry in India.
Competition
| Name | Market Cap. | Total Assets |
| Astral Ltd | 36,257.19 | 2,035.00 |
| Finolex Ind | 10,166.51 | 4,141.79 |
| Prince Pipes | 6,274.37 | 1,415.28 |
| Jain Irrigation | 1,735.33 | 7,361.54 |
| Kriti Ind | 505.96 | 257.75 |
| Texmo Pipes | 138.68 | 210.10 |
| JISL | 33.57 | 7,361.54 |
| Tijaria Polypip | 15.74 | 54.42 |
| Sanco Ind | 10.92 | 70.50 |
— We’ll take a look at the current state of Astral and try to predict what its share price might look like in 2023, 2025, 2027, 2030, 2035, 2040, and 2050 based on the company’s growth prospects.
— We will also provide an analysis of Astral performance and the outlook for its future growth.
— Check the Astral share price forecast to look at the research reports and analysis provided by Motilal Oswal.
