Today, we’re going on a journey to explore the estimated Supreme Industries 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 Supreme Industries Share Price Target.
Supreme Industries Limited is a leading Indian company engaged in the processing of polymers and resins into finished plastic products. The company has a diversified product portfolio across four verticals and is one of the largest plastic processors in India, with a sale of above 5 lakh MT annually.
Supreme Industries has been present in the Indian plastic industry for over 57 years under present management and has an asset base of over Rs. 4000 crores. The company has 28 plants situated across India and a pan-India distribution network and reach.
The company’s headquarters are located in Mumbai, India, and it has a wholly-owned subsidiary in the United Arab Emirates. Supreme Industries has a significant market share in each of its verticals and has established brand equity.
Overview of Supreme Industries
| Name | Supreme Industries Limited |
|---|---|
| Symbol | SUPREMEIND |
| Industry | Plastics and related products |
| Founded | 1942 |
| CEO | M.P. Taparia |
| Headquarters | Mumbai, India |
| Exchange | BSE, NSE |
| Country | India |
| Locations | 28 plants across India |
| Website | supreme.co.in |
| Profile | Supreme Industries |
Founded in 1942, Supreme Industries boasts a rich history that spans nearly eight decades in the plastics industry. As the nation’s largest plastics processor, Supreme handles an impressive volume of over 5,00,000 metric tonnes of polymers annually. This monumental achievement positions them as a leader in providing a diverse and comprehensive selection of plastic products in India.
What sets Supreme apart is its holistic approach to the industry. They continually work towards setting new industry benchmarks, forging lasting relationships, and introducing innovations that touch countless lives. Some impressive statistics as of 1st March 2023 include:
- An annual turnover of 9000 CR.
- Products sold amounting to 500000+ MT.
- A market cap of 34000+ CR.
- Exports to over 55 countries.
- A vast network of 4000+ distributors.
- A strong employee base of 5500+.
- 28 state-of-the-art manufacturing plants.
- A CRISIL stable rating of AA+.
- Operations across 8 diverse business verticals.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Supreme Industries Share price target for 2023, 2025, 2030 to 2050.
Keep an eye on Supreme Industries’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Supreme Industries’s stock price. we will also take into analyst recommendations from various brokerage firms at the end of the article.
Above, the chart presents historical prices for Supreme Industries stock, illustrating its trending behavior. Below, the table provides detailed data on the stock’s open, high, low, and close prices, offering a comprehensive perspective for stock analysis.
Brokerage Firms
An effective method for evaluating the Supreme Industries share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms. Please find the latest research reports available on Supreme Industries.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 31 OCT 2023 | HDFC Securities | 4090.00 |
Sell
|
| 30 OCT 2023 | ICICI Securities Limited | 3845.00 |
Sell
|
| 25 SEP 2023 | Geojit BNP Paribas | 3694.00 |
Sell
|
| 02 MAY 2023 | HDFC Securities | 2790.00 |
Sell
|
| 31 JUL 2023 | Keynote Capitals Ltd | 3615.00 |
Neutral
|
| 24 JAN 2023 | Keynote Capitals Ltd | 2584.00 |
Neutral
|
| 29 JUL 2023 | ICICI Securities Limited | 3290.00 |
Hold
|
| 28 JUL 2023 | Prabhudas Lilladhar | 3377.00 |
Hold
|
| 29 APR 2023 | ICICI Securities Limited | 2588.00 |
Hold
|
Fundamentals of Supreme Industries
The fundamental analysis of Supreme Industries Limited focuses on key factors to better understand the company’s valuation.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Supreme Industries price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
Supreme Industries has been performing well in the Indian plastic industry, with a market capitalization of Rs. 40,590.80 crores as of 30 June 2023. The company has been expanding its product portfolio and introducing new products, as seen in the glimpse of new products introduced in Q1 FY24. With a strong presence in India and a virtual tour of plants, the company has been promoting its brand and raising awareness about its sustainability initiatives.
Based on the company’s financial performance highlights and key segment performance in Q1 FY24, we forecast that Supreme Industries’ share price target for 2023 will be in the range of Rs. 5,000 – Rs. 5,500. This forecast is based on the assumption that the company will continue to perform well in the Indian plastic industry and expand its product portfolio.
Looking ahead to 2024, we expect the Supreme Industries share price target to continue its upward trend, with a range of Rs. 5,500 to Rs. 6,000. The company has a strong product portfolio, with a glimpse of new products introduced in Q1 FY24. Additionally, Supreme Industries has been investing in brand promotion and awareness, which could help to drive sales and revenue growth in the coming years.
By 2025, we forecast that the Supreme Industries share price target could range between Rs. 6,000 to Rs. 7,000. The company has been a responsible corporate citizen, with a focus on sustainability and environmental responsibility. This could help to attract socially conscious investors and drive the company’s long-term growth.
By 2027, we forecast that the Supreme Industries share price target could range between Rs. 8,000 to Rs. 9,000. The company has been investing in technology and innovation, which could help to drive efficiency and productivity in its operations. Additionally, Supreme Industries has been expanding its presence in international markets, which could help diversify its revenue streams and drive growth.
Looking ahead to 2030, we expect the Supreme Industries share price target to continue its upward trend, with a range of Rs. 10,000 to Rs. 12,000. The company has a strong track record of financial performance and a diversified product portfolio, which could help to drive growth in the coming years. Additionally, Supreme Industries has been investing in research and development, which could help to drive innovation and new product development.
By 2035, we forecast that the Supreme Industries share price target could range between Rs. 15,000 to Rs. 18,000. The company has a strong brand reputation and a focus on sustainability, which could help to attract socially conscious investors and drive long-term growth. Additionally, Supreme Industries has been expanding its presence in emerging markets, which could help to diversify its revenue streams and drive growth.
Looking ahead to 2040, we expect the Supreme Industries share price target to continue its upward trajectory, with a range of Rs. 20,000 to Rs. 25,000. The company has a strong management team and a focus on innovation, which could help to drive growth in the coming years. Additionally, Supreme Industries has been investing in digital transformation, which could help to drive efficiency and productivity in its operations.
By 2050, we forecast that the Supreme Industries share price target could range between Rs. 30,000 to Rs. 35,000. The company has a strong track record of financial performance and a focus on sustainability, which could help to drive long-term growth.
Additionally, Supreme Industries has been investing in emerging technologies, which could help to drive innovation and new product development. The company’s diversified revenue model and strong brand reputation could also help to attract investors and drive growth in the coming decades.
Competitors of Supreme Industries
| Name | P/E | Mar Cap Rs.Cr. |
|---|---|---|
| Supreme Inds. | 55.58 | 57178.62 |
| Astral | 90.30 | 49094.24 |
| Finolex Inds. | 27.31 | 11879.01 |
| Responsive Ind | 133.85 | 8318.39 |
| Prince Pipes | 55.23 | 6900.12 |
| Jai Corp | 214.29 | 5125.07 |
Analyst Recommendations
Supreme Industries Buy or Sell
Daily Low / High
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| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2023 | Rs. 5,000 | Rs. 5,500 |
| 2024 | Rs. 5,500 | Rs. 6,000 |
| 2025 | Rs. 6,000 | Rs. 7,000 |
| 2026 | Rs. 7,000 | Rs. 8,000 |
| 2027 | Rs. 8,000 | Rs. 9,000 |
| 2030 | Rs. 10,000 | Rs. 12,000 |
| 2035 | Rs. 15,000 | Rs. 18,000 |
| 2040 | Rs. 20,000 | Rs. 25,000 |
| 2050 | Rs. 30,000 | Rs. 35,000 |
– According to Google historical data, the price of Supreme Industries on 1 Jan 1999 was ₹17.60.
– As of 1 November 2023, the current share price of Supreme Industries is ₹4,448 Check out today’s current share price.
– Based on our analysis, the maximum share price target for Supreme Industries in 2023 could be ₹5,500.
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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 “Supreme Industries Share Price Target” are only provided for informational purposes only. It does not constitute a recommendation to buy, sell, or hold Supreme Industries stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
