Tega Industries Share Price
Tega Industries Share Price Target 2022, 2023, 2024, 2025, And 2030: Hello Friends, Today’s blog I am going to talk about one of the best company which is listed on the National stock exchange. Tega industries company established in the year 1976 it is a golden opportunity to take part in this company share. So today I am going to talk about Tega industries fundamental analysis and know more about this share.
About Tega industries
Tega Industries incorporated in 1976, Tega Industries is a largest manufacturer and distributor of recurring consumable products which is used in the mining process most of the mining industry use tega industries product in their mining process. Tega industries is the second largest producer of various different types of products like polyurethane, steel, ceramic-based lining components, wear-resistant rubber used by various companies in the across different stages of mining like screening, grinding, mineral processing, and material handling. The tega industries product portfolio comprises more than 55 mineral processing and material handling products.
Related: LIC IPO Allotment Status @KFintech: LIC Allotment Direct Link
Registered Office
| Address | 147, Block G, New Alipore, |
| State | West Bengal |
| City | Kolkata |
| Pin Code | 700053 |
| Tel. No. | 033-30019000 |
| compliance.officer@tegaindustries.com | |
| Internet | www.tegaindustries.com |
Tega industries – Management
| Name | Designation |
|---|---|
| Mehul Mohanka | Managing Director & Group CEO |
| Madan Mohan Mohanka | Chairman & Executive Director |
| Hemant Madhusudan Nerurkar | Independent Director |
| Madhu Dubhashi | Independent Director |
| Rudolph Michael Edge | Independent Director |
| Syed Yaver Imam | Executive Director |
| Jagdishwar Prasad Sinha | Independent Director |
Tega Industries Income Statement
| Annual | March 2021 | March 2020 | March 2019 |
|---|---|---|---|
| Sales | 496 | 447 | 443 |
| Other Income | 220 | 34 | 18 |
| Total Income | 717 | 481 | 462 |
| Total Expenditure | 400 | 389 | 385 |
| EBIT | 317 | 91 | 76 |
| Interest | 12 | 16 | 13 |
| Tax | 31 | 11 | 12 |
| Net Profit | 273 | 64 | 50 |
Tega Industries Quarterly Income Statement
| Quarterly | Jun 2021 (₹ cr) |
|---|---|
| Total Revenue | 180.00 |
| EBITDA | 30.29 |
| PBIT | 19.79 |
| PBT | 16.18 |
| Net Income | 11.88 |
| EPS | 2.10 |
Tega Industries Share Price Target 2022, 2023, 2024, 2025, And 2030
Tega Industries, a manufacturer of various different types of mining products which is used in the mining process. The tega industries share listed on 13/12/ 2021 on NSE with an attractive share price of about Rs.760. It is a good occasion to include in this company share because tega industries is a good company on the basis of strengths. If I talk about the company’s strengths , it has a strong promoter along with over 40 years of experience in this sector. Also, its engineering capacity, which has developed over decades. Tega industries share ipo , Retail share offered is 35%, QIB shares offered is 50%, and NII (HNI) shares offered is 15%.
Related: Punjab National Bank Share Price Target 2022, 2023, 2024, 2025 and 2030
Tega Industries Share Price Target 2022
In this section, I am going to talk about the Technical analysis and Fundamental Analysis of Tega Industries and the business model of tega industries. So, first of all, we cover the company’s basic points. It was incorporated in 1976. The main business of the Tega Industries is the Manufacturing of Mineral and Mining products and Distribution. If we talk about updated data, tega industries is the second biggest company for polymer manufacturing. At the present, the company has 6 manufacturing units and 55 major products and The overview of technical analysis and Fundamental Analysis If we try to predict the first tega industries share price target 2022 it should be Rs.1025. If the company management makes a good decision in upcoming days like this, then the next Tega industries share price target for 2022 is around Rs 1384.
Related: Bandhan Bank Share Price Target 2022, 2023, 2024, 2025, And 2030 Prediction
Tega Industries Share Price Target 2023
When we go through the Company Essentials, the first point of the tega industries is the Market Cap which we are able to see the Tega Industries Market Cap is Rs. 4068.97. The face value of the Tega industries share price is Rs. 10 and book value of the tega industries share is 123.88 an industry P/E 18.84. tega industries has total debt of Rs 154.13 crore and company has cash reserve 1.28 According to the above mentioned information we can predict tega industries share price target in 2022, here we predict two share price target the first share price is around Rs 1572 and second share price target is around Rs. 1746.
Tega Industries Share Price Target 2024
In this segment, I am going to predict Tega industries share price target 2024 on the basis of business performance and Profile and loss statement of the tega industries in the year 2019 the company net sales around Rs 444.95 crore and net profit was Rs around 50 crore. If in the upcoming few years company sales increase then definitely the profile of the company also increases. Due to corona virus all over world lockdown because of this reason company sales decrease in 2019. In 2020 the net sales of the company is around Rs 447 and net profit around Rs. 64.47. if like this company sales increase year by year then definitely the share price of tega industries going up so on the basis of above mentioned information we can predict try to predict the tega industries share price target for 2024 here we predict two share price target the first share price is around Rs. 2153 and the second Tega industries share price target is around Rs 2553.
Related: Dabur Share Price Target 2022, 2023, 2024, 2025, And 2030
Tega Industries Share Price Target 2025
If we talk about Tega Industries Strength and we try to predict tega share price target for the year of 2025. So, friends as per the latest data in the last 3 years the company’s presence is available in more than 70 countries as well as it has 513 installation units which are handled in a good way. Tega Industries is a second largest producer of the Mining used products in upcoming few years the demand for the Mining industries increase because government also allows various private sector Company to setup mining projects in Mining industries increase the the demand for the product which is used in the mining process automat income then ultimately tega industries sales increase. So with the help of the above explanation we can predict the tega industries share price target for 2025 the first target price which is achieved is around Rs 2967 and second tega industries share price target is around Rs 3243.
Tega Industries Share Price Target 2030
On the basis of the quarterly results and Balance sheet and profit and loss statement we can predict the share price target of tega industries for 2030. If the quarterly results of the tega industries we be good then the Tega industries share price definitely increase in upcoming few years and if government also provide any package to this types of company for its development then definitely the share price of the tega industries increase in upcoming few years and the management of the company also made good decision for the development and expansion of the company the definition the share price of the tega industries goes increasing and one more point if company management it’s debt in a balance mannar. Then the share price definitely increased so here we try to predict two different share price targets for 2030, the first share price target is around Rs 9216 and second share price target is Rs 9565.
Tega Industries Share Price Target 2022, 2023, 2024, 2025 and 2030
| Share Target Price | Target-1 | Target-2 |
| 2022 | Rs. 1025 | Rs 1384 |
| 2023 | Rs 1572 | Rs. 1746 |
| 2024 | Rs. 2153 | Rs 2553 |
| 2025 | Rs 2967 | Rs 3243 |
| 2030 | Rs 9216 | Rs 9565 |
| Equities & Liabilities | March 2021 | March 2020 | March 2019 |
|---|---|---|---|
| Share Capital | 66 | 66 | 66 |
| Reserves & Surplus | 754 | 481 | 417 |
| Current Liabilities | 208 | 218 | 218 |
| Other Liabilities | 85 | 111 | 31 |
| Total Liabilities | 1,115 | 877 | 733 |
| Assets | March 2021 | March 2020 | March 2019 |
|---|---|---|---|
| Fixed Assets | 147 | 139 | 147 |
| Current Assets | 477 | 432 | 378 |
| Other Assets | 490 | 305 | 207 |
| Total Assets | 1,115 | 877 | 733 |
Conclusion
In this blog, we tried predicted tega industries share price target 2022, 2023,. 2024, 2025 and 2030 Prediction / Forecast. in this article we mainly focus on the Financial Analysis and Fundamentals of the company Strengths, and Limitations, etc. If you have any questions related to this article please comment on the comment section.
Read More
- Tega Industries Share Price Target 2022, 2023, 2024, 2025, And 2030
- Punjab National Bank Share Price Target 2022, 2023, 2024, 2025 and 2030
- Bandhan Bank Share Price Target 2022, 2023, 2024, 2025, And 2030 Prediction
- ITC Share Price Target 2022, 2023, 2024, 2025, 2030
- Dabur Share Price Target 2022, 2023, 2024, 2025, And 2030
