About Alstone Textiles:-
Alstone Textiles Limited, formerly known as Shalini Holdings Limited, was incorporated on May 25, 1985. On September 23, 2015, the company was renamed as Alstone Textiles (India) Limited.
It is a well-known company in the Indian textile industry. It has a rich history as a major player in manufacturing different types of textile products.
It is headquartered in New Delhi and shares of Alstone Textiles are listed with Bombay Stock Exchange Limited (BSE), Delhi Stock Exchange Limited and Ahmedabad Stock Exchange Limited (ASE).
While the company was initially engaged in manufacturing of textiles including cotton, woolen, art silk, natural silk, readymade garments, hosiery, synthetic fibers and fabrics and blended fabrics, it is now growing rapidly.
Business Model Of Alstone Textiles
The core business of Alstone Textiles Limited is based on manufacturing and distribution of a wide range of textile products. And its operations include everything from sourcing raw materials to designing, producing and distributing those products.
It mainly focuses on textile manufacturing, branding and distribution, and extends to various sectors ranging from apparel to home textiles and industrial textiles.
Under which the company is involved in various textile production including cotton, woolen, art silk, natural silk, readymade garments, hosiery, synthetic fiber and fabric and blended fabric.
The trust of customers towards it is the inspiration for it to produce high quality clothes and apparels.
Alstone Textiles Share Price Target 2024,2025,2028,2030,2040
Hello friends, welcome to our share price target. Here in this article, we are going to tell you about Alstone Textiles Share Price Target 2024,2025,2028,2030,2040.
Along with the share price target, we are also going to give you basic and necessary information about the Company.
If you are a If you are an investor then this article is going to be very informative for you as well as it will help you in taking decision to invest in the company.
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We here at financesharetargets. in is going to give you approximate information about stock forecast, price forecast and target for 2024, 2025, 2028, 2030 and 2040.
Please keep one thing in mind that this forecast, prediction or any target is only an estimate given by our analysis. suggestion.
It is almost impossible for any forecast/prediction to be correct. Errors are always present in any analysis, but we try our best to give you good price stock forecasts/predictions.
Alstone Textiles Share Price Target 2024
Alstone Textiles Ltd. Mainly engaged in manufacturing of textiles including cotton, woolen, art silk, natural silk, readymade garments, hosiery, synthetic fiber and blended fabrics.
If we look at the last 6 months return of Alstone Textiles on BOM, it is approximately 18.75%, while if we look at the last 6 months return, in the last 1 month the company has given a return of approximately -36.13%.
Thus, there has been a decline in the company’s stock for some time,
yet considering the company’s good hold in the textile industry and its efforts for development, it can be expected that the company will earn good returns to its shareholders.
Given this, this year analysts estimate that the first target for Alstone Textiles Share Price Target 2024 may be ₹ 1.20 and the second target may be ₹ 1.80.
Alstone Textiles Share Price Target 2025
According to the quarterly financials of Dec 2023, there has been a huge decline in the company’s net income and diluted EPS.
And this decline is also seen in the stock price of the company and if we talk about the market cap of the company, its market cap is around ₹ 96.85 crore and the company is a small cap company, and small cap company is seen giving a better return.
The same companies are working to produce many types of fabrics in the textile industry. And the company is working to increase its profit through innovation and its continuous efforts.
However, it is one of the major player companies in the textile industry in India and is known with its prosperity history so that with time the company has It can be expected to grow and make profits, given that it can be estimated that it will grow more in the near future.
Alstone Textiles Share Price Target By 2025, the first target will be at ₹2.40 and the second target will be at ₹2.95.
Alstone Textiles share price target 2028
The company currently has a large production capacity with which the company has established itself as one of the leading companies in the textile industry in India and the company continuously uses state-of-the-art facilities for its growth.
There are manufacturing units from which the company produces in large quantities. In this way the company is continuously working for its development and its impact ,
can also be seen from which it can be estimated that in the coming time the company will It may develop further due to which the first target for Alstone Textiles share price target 2028 may be at ₹ 3.75 and the second target at ₹ 4.55.
Alstone Textiles Share Price Target 2030
The company, with its large production capacity, is engaged in the business of textile production including cotton, woolen, art silk, natural silk, readymade garments, synthetic fiber and blended fabric, and is continuously working for its expansion in this field. .
Due to which good growth of the company can be expected in the coming time also. Because considering its expansion, the possibilities of good growth of the company in the coming time can also be estimated higher,
seeing this, according to our analysis, the first target for Alstone Textiles Share Price Target 2030 can be at ₹ 5.80 and the second target can be at ₹ 7.50.
Alstone Textiles Share Price Target 2040
Alstone Textiles is continuously developing its large production capacity and is also striving to increase its sales, and is continuously working towards growth in its own area as well as expanding into other areas as well.
It produces its products efficiently and at competitive costs, making the company a reliable company in the domestic market, and is continuously working hard to improve its work so that good growth of the company can be expected.
Due to this, good growth of the company can also be estimated in the coming time, given that analysts estimate that the first target for Alstone Textiles Share Price Target by 2040 can be at ₹ 18.20 and the second target can be at ₹ 30.45.
Conclusion:-
In this way Alstone Textiles ltd. It has a leading position in the Indian textile industry along with a large production capacity, although there is a slight decline in the share price of the company, but the way the company is seen moving towards development through its work.
It can be expected that soon the company will reach its best position, because the company is continuously using state-of-the-art facilities for development to increase its production and the company is producing in huge quantities and due to this.
Through this, the company has a strong and reliable record and it shows that the company is committed towards its work and hence the company can be expected to get similar profits in future also.
