Introduction
Asahi India Glass Ltd (AIS) is one of India’s leading glass companies which deal in automotive and architectural glass. As it is elaborated above, the increasing demand for aluminum in automotive and constructing industries guarantees the company will experience a steep growth. This means in this article, the analysis of fundamental and financial characteristics of Asahi India Glass Ltd Share Price Target for 2024 to 2030, share price targets will be examined.
Fundamental Analysis
Asahi India Glass Ltd (AIS), a subsidiary of AGC Inc Japan is a major player in Indian automotive and architectural glazing industry. Founded in 1984 it has specialization in innovation, environmental management, and superior quality branded goods. Esaily established and known widely in domestic as well as in the global market, AIS remains as a preferred supplier to many automotive makers and construction industry.
| Market Cap | ₹18,382.46 crore |
| P/E Ratio | 59.16 |
| Debt-to-Equity Ratio | 0.83 |
Performance Analysis
Indeed, Asahi India Glass Ltd has demonstrated a clear pattern of improving revenue as well as, and profitability over the years. The Company has experienced a sound profit margin due to the high demand from the automotive and construction industries. With the overall growth rate of 14.6% in the last five years, AIS is still enlarging its market share and improving its financial performance.
| Revenue Growth | 14.6% CAGR over the past five years. |
| Net Profit Margin | Improved to 7%. |
| Dividend Payout | AIS declared 200% stock dividend on ₹1 each |
Shareholding Pattern
Asahi India Glass Ltd has a good spread of shares among shareholders. Its current ownership distribution proves that the promoters own a big part of the company they control 54.23%. FIIs have stakes in the company at 4.01%, while with DIIs holding 1.55% round off the stakes. The rest 40.21% is with the public, showed diversified interest from investors and faith on its business prospects.
| Promoters | 54.23%. |
| Foreign Institutional Investors (FIIs | 4.01% |
| Domestic Institutional Investors (DIIs | 1.55%. |
| Public | 40.21%. |
Asahi India Glass Ltd Share Price Targets 2024 to 2030
| Year | Share Price Target (INR) |
| 2024 | 800 |
| 2025 | 900 |
| 2026 | 1000 |
| 2027 | 1100 |
| 2028 | 1200 |
| 2029 | 1300 |
| 2030 | 1400 |
Asahi India Glass Ltd Share Price Target 2024
Taking into view the current scenario of Asahi India Glass Ltd and general trend in the industry, price per share can be predicted to go up to around ₹800 by the end of the year 2024 with high demand from auto mobile industry and construction sectors.
| Year | Target |
| 2024 | 800 |
Asahi India Glass Ltd Share Price Target 2025
Since the projections for both automotive and construction sectors are expected in India, it can be expected that the hoped-for rates would be to achieve figures of ₹900 per share by Asahi India Glass Ltd in the long term depending on the demand of glass products in the construction industry.
| Year | Target |
| 2025 | 900 |
Asahi India Glass Ltd Share Price Target 2026
Subject to further growth and healthy market demand, thus the forecasted Asahi India Glass Ltd share price can touch ₹1,000 by the end of 2026 majorly due to raised demand in auto mobile industry and infrastructural development.
| Year | Target |
| 2026 | 1000 |
Asahi India Glass Ltd Share Price Target 2027
On the basis of stable high growth and possible increase of market share Asahi India Glass Ltd’s share price may reach approximately ₹1,100 by 2027 and strengthen its position in the industry of glass.
| Year | Target |
| 2027 | 1100 |
Asahi India Glass Ltd Share Price Target 2028
If the future growth is in continuation of past, the Asahi India Glass Ltd may see reaching its share price up to ₹1,200 by the end of year 2028 due to more innovations and infrastructural expansion in various segments.
| Year | Target |
| 2028 | 1200 |
Asahi India Glass Ltd Share Price Target 2029
However, if the market status remains stable and the company continues to deliver a good performance in many years, Asahi India Glass Ltd seems to reach ₹1,300 through high demand and expanding market share in 2029.
| Year | Target |
| 2029 | 1300 |
Asahi India Glass Ltd Share Price Target 2030
Proper and constant growth coupled with expansion of industry can make Asahi India Glass Ltd stock price reach ₹1,400 by 2030 due to dominance in the automotive and architectural glass segments.
| Year | Target |
| 2030 | 1400 |
Technical Analysis
The share of Asahi India Glass Ltd for the day is ₹757.65. The high for the current year is ₹833.95, down from a low of ₹501.55 the same year. It is evident that the stock has been on an upward trend, thus suggesting high level of býs among the investors . Momentum technical metrics are signifying the stock to be in the positive phase and some of them include, moving average & Relative Strength Index (RSI) mitigation.
Conclusion
Analyzing the Financial Statement of Asahi India Glass Ltd., it can be concluded that the company offers high potential to short-term as well as the long-term investors. This gives the company a strong foundation in the market it operates in together with its philosophy on innovation that makes it a good investment to consider for an investor.
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FAQs
Q1: Should one invest in Asahi India Glass Ltd?
Yes, AIS looks very much capable due to leadership position, steady growth in Revenues and Profit.
Q2: Which are the risks AIDS investors bear?
Challenges range from competition forces, volatile raw material prices and economic crises especially in the automotive and construction sector.
Q3: On this basis, can AIS continue growing till 2030?
Ultimately, AIS has fairly high long-term growth prospects due to emphasis made by the company on the matters connected with innovation and sustainability.
Disclaimer
The insights and predictions presented in this article are meant for educational and informational purposes only. They are not intended as a professional financial advice. You are advised to conduct your own analysis or consult with a professional trained in this field prior to making any investment decisions.
