If you are looking for “SANGAM INDIA Share price target” for the upcoming years, you are at the right place. Before we dive into Muthoot Finance Ltd. stock price targets, Let’s understand the company background and fundamentals etc.
As of June 7, the share price of SANGAMIND is ₹298. The stock gained more than 20% intraday.
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About Sangam India Ltd.
Sangam is a Yarn spinning mills company based in India. Founded by Shri Ram Pal Soni
the company was incorporated in 1984. With over 280,000 spindles and 3000 rotors for producing PV-dyed yarn, cotton and OE yarn, the group has diversified its Steel, Power, and Infrastructure business.
Their garment manufacturing facility has 54 seamless knitting machines that can produce 5 million pieces per annum.
Fundamentals of Sangam India Ltd.
Let us study key fundamental points of Sangam Ltd to get a clear overview of their business activity and where the company stands compared to its peers.
- The price-to-earnings ratio (P/E) is 10.61
- The price-to-book ratio (P/B) is 1.53
- The dividend yield is 0.77%.
- The book value (TTM) per share is ₹190.91.
- Promoters hold a 70.28% stake in the company.
- The earnings per share (TTM) is ₹27.60.
- The return on equity (ROE) is 22.55%.
- The return on capital employed (ROCE) is 17.68%.
- The company has experienced a significant profit growth of 2,519.52%
Sangam India Share Price Target Details
After studying the balance sheet, we have come up with Target for SANGAMIND for the upcoming years.
Please note that the share price targets provided are for reference and do not represent actual market predictions. Even though the accuracy is high, Share prices are subject to various factors and can fluctuate in reality.
| Year | Sangam India share price target (₹) |
|---|---|
| 2023 | Rs 325.25 |
| 2024 | Rs 421.60 |
| 2025 | Rs 499.65 |
| 2026 | Rs 582.75 |
| 2027 | Rs 679.880 |
| 2028 | Rs 741 |
| 2029 | Rs 822 |
| 2030 | Rs 1210 |
Sangam India share price target 2023
According to our analysis, the share price target for Sangam India (SANGAMIND) in 2023 is projected to reach 300. Additionally, a secondary price target of 325.45 is anticipated for the same period.
Sangam India share price target 2024
Looking ahead to the first quarter of 2024, Sangam India’s share price has the potential to rise to targets up to ₹421.60
Sangam India share price target 2025
The projected target for Sangam India’s share price by 2025 is ₹499.65.
Sangam India share price target 2026
Based on market analysis and growth projections, Sangam India's share price is expected to reach 582.75 by 2026.
Sangam India share price target 2027
Based on the latest market trends and the company’s strong financial performance, our projections indicate significant growth potential for Sangam India. With its robust expansion strategies and increasing market demand, we anticipate the share price to climb steadily over the coming years. Our target of Rs 679.80 by 2027 reflects our optimism about the company’s prospects
