Pennar Industries Ltd (PENIND) Share Price Target 2024, 2025, upto 2030

PENIND belongs to the Industrials sector and operates within the Specialty Industrial Machinery industry. The company is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). In this detailed post, we will explore PENIND share price targets from 2025, 2026, and up to 2030. For long-term forecasts, we will use different technical analysis approaches to predict targets up to the year 2030.

For additional insights, refer to PENIND technical analysis.

To forecast the price of PENIND up to the year 2030, we will use a machine learning approach where the forecasted data is trained on past performance. Pennar Industries Ltd, known for its significant presence in the Indian share market, has shown various trends over the years. In this section, we discuss PENIND's current market position, its growth trajectory, and how external market factors might influence its price performance leading up to 2030.

PENIND’s Performance Overview

Current Performance

Today 2025-05-15 shares of PENIND closed at ₹194.11 which is ₹1.31 lower than its previous close of ₹195.42. The company has been in mixed trend for the past one week.

Historical Performance

PENIND for Tomorrow

Last three days were negative and we can see a continuation bearish trend for tomorrow. This data is important as traders can make better swing trading entries for the upcoming months of 2025 or even for long-term targets up to 2030.

PENIND Share Price Target 2025

The share price of PENIND is expected to reach a value of Rs. 186.64 by March 2025. If the Macro and Micro economic factors along with the industry trend support, we might see the target price of Pennar Industries Ltd reach Rs. 268.99 by December 2025.

Summary of PENIND Share Price Forecast for 2025

• The initial price target for Pennar Industries Ltd in 2025 is projected to be ₹186.64.
• With favorable market conditions, the mid-year price target for Pennar Industries Ltd could reach ₹238.73.
• By the end of 2025, the price target for Pennar Industries Ltd is expected to potentially reach ₹268.99, considering bullish market trends.

PENIND Share Price Target 2026

As per technical data, the minimum share price target of PENIND is expected to reach Rs. 276.89 and the maximum value that shares of PENIND can reach is Rs. 387.68.

Summary of PENIND Share Price Forecast for 2026

• The initial price target for Pennar Industries Ltd in 2026 is projected to be ₹276.89.
• With favorable market conditions, the mid-year price target for Pennar Industries Ltd could reach ₹323.46.
• By the end of 2026, the price target for Pennar Industries Ltd is expected to potentially reach ₹387.68, considering bullish market trends.

PENIND Share Price Target 2027

Using Fibonacci projections, the estimated price target forecast for Pennar Industries Ltd (PENIND) in the first half of the year 2027 will be between ₹399.07 - ₹466.18. By the second half of 2027, the share price of PENIND may reach a maximum value of ₹558.74.

Summary of PENIND Share Price Forecast for 2027

• The initial price target for Pennar Industries Ltd in 2027 is projected to be ₹399.07.
• With favorable market conditions, the mid-year price target for Pennar Industries Ltd could reach ₹466.18.
• By the end of 2027, the price target for Pennar Industries Ltd is expected to potentially reach ₹558.74, considering bullish market trends.

PENIND Share Price Target 2028

The share price for PENIND in 2028 could start around ₹575.15 and potentially climb to ₹805.28 by the end of the year, subject to overall market and sector conditions.

Summary of PENIND Share Price Forecast for 2028

• The initial price target for Pennar Industries Ltd in 2028 is projected to be ₹575.15.
• With favorable market conditions, the mid-year price target for Pennar Industries Ltd could reach ₹671.88.
• By the end of 2028, the price target for Pennar Industries Ltd is expected to potentially reach ₹805.28, considering bullish market trends.

PENIND Share Price Target 2029

The share price for PENIND in 2029 could start around ₹828.93 and potentially climb to ₹1160.59 by the end of the year, subject to overall market and sector conditions.

Summary of PENIND Share Price Forecast for 2029

• The initial price target for Pennar Industries Ltd in 2029 is projected to be ₹828.93.
• With favorable market conditions, the mid-year price target for Pennar Industries Ltd could reach ₹968.34.
• By the end of 2029, the price target for Pennar Industries Ltd is expected to potentially reach ₹1,160.59, considering bullish market trends.

PENIND Share Price Target 2030

The share price for PENIND in 2030 could start around ₹1194.68 and potentially climb to ₹1672.69 by the end of the year, subject to overall market and sector conditions.

Summary of PENIND Share Price Forecast for 2030

• The initial price target for Pennar Industries Ltd in 2030 is projected to be ₹1,194.68.
• With favorable market conditions, the mid-year price target for Pennar Industries Ltd could reach ₹1,395.60.
• By the end of 2030, the price target for Pennar Industries Ltd is expected to potentially reach ₹1,672.69, considering bullish market trends.

PENIND Share Price Target 2031

The share price for PENIND in 2031 could start around ₹1721.82 and potentially climb to ₹2276.18 by the end of the year, subject to overall market and sector conditions.

Summary of PENIND Share Price Forecast for 2031

• The initial price target for Pennar Industries Ltd in 2031 is projected to be ₹1,721.82.
• With favorable market conditions, the mid-year price target for Pennar Industries Ltd could reach ₹2,011.39.
• By the end of 2031, the price target for Pennar Industries Ltd is expected to potentially reach ₹2,276.18, considering bullish market trends.

Key Takeaways from Forecasted Price for PENIND from 2025 to 2030

• For Pennar Industries Ltd in 2025, a bullish trend might take the stock to a mid-year target of ₹238.73, followed by a steady climb to ₹268.99.
• In 2026, a temporary decline in early months for Pennar Industries Ltd is possible, with a recovery expected by mid-year, aiming for ₹323.46.
• Anticipating mixed trends for Pennar Industries Ltd in 2027, with rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹558.74.
• For 2028 and 2029, Pennar Industries Ltd is expected to show strong and steady growth, potentially breaking past previous highs and setting new records.
• By 2030, the cumulative impact of market dynamics could lead Pennar Industries Ltd to a substantial year-end target, surpassing previous expectations.

Final Words on Pennar Industries Ltd (PENIND) Share Price Target up to 2030

To summarize, we have presented PENIND share price targets from 2025, 2026, and up to 2030, based on the most recent trading data and algorithms. These targets serve as potential support and resistance levels for the coming years.

It's essential to note that while these price targets are based on technical analysis, other market conditions and news could also impact the stock's performance. Therefore, these hypothetical targets should be used as guidelines and not as financial advice. Always perform your own due diligence before making any investment.

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