Hello friends, we are going to discuss the Alstone Textiles Share Price Target 2023-2025-2030-2040 and 2050. Based on our experience and knowledge we are trying to understand Alstone Textiles textile companies.
Delivery Analysis will help you have a more clear vision to understand stock. delivery is used for short analysis.
Defece Stock Rs 1813 Crores Order Book FII increarse Holding and Got Order of 56 Crores From HAL
Alstone Textiles Stock Delivery Analysis
In June month the company has 100% delivery means Investors are very bullish on this stock. What do understand by delivery percentage? Delivery percentage means traded volume or exchange of shares in a particular period. When the deliverable quantity or delivery is low, it means that the current price trend (whether going up or down) won’t last for long. On the other hand, when the deliverable quantity or delivery percentage is high, it indicates that there’s more long-term activity, like buying and holding for the future, which suggests a bullish market sentiment.
Alstone Textiles Company Overview
The company was incorporated in 1985 the company is mainly daily in fabric and investment activities.
| Company Name | Alstone Textiles (India) Ltd. |
| Market Cap | ₹ 90.51 Cr. |
| P/E | 3.69 |
| Sector P/E | 8.83 |
| Number of Stock | 127.48 Cr |
| Debt | 14 Lakh |
| Cash | ₹ 0.03 Cr. |
| ROE | -0.07 % |
| 52-Week High/Low | ₹ 3.48/₹ 0.15 |
| Website | http://www.alstonetextiles.in/ |
Alstone Textiles Company Business Overview
The company is a business of supplying and trading deals in textiles including cotton, wooden silk, natural silk readymade garments synthetic fabric, and fabric and mix fabrics.
The company was listed on NSE on 24 August 2022 the stock is open at 0.5 rupees. In just one year the stock made an all-time high of 3.48 rupees. In just one year the stock gave massive a return of +2076.27%. After that, the stock is continuously falling.
if a stock again starts making the same rally then can stop again and zoom to 3.48 rupees. Alstone Textiles’ share price in 2023 may be around 1.15 rupees.
As we see in the chart of the company, the stock is operated stock. This stock can be easily manipulated as the chart shows most of the time the stock runs in the upper circuit and after that continuously lower circuit so investing in a stock is very risky. But the return is also very good. Alstone Textiles’ share price target in 2025 if restart eating again the same it could be reached at 2.5 rupees
The company is a loss-making company. But in March 2023 the company made a profit of 25 crores. The company’s return on equity of 3 years is 6% and the sales growth in the past 3 years is 286%.
the share price till 2030 could be reached 5 rupees.
At the shareholding pattern in the past 3 years, the promoter increased their holding from 8.1% to 10.10%. Alstone Textiles’ share price target for 2040 could reach Rs 10.
As the company has a variety of products, if they continue to maintain their products in a market then the company can sustain till 2050, and under stock price could reach to 15 rupees or 20.
| Years | Alstone Textiles Share Price Target |
| Alstone Textiles Share Price Target 2023 | Rs 1.15 |
| Alstone Textiles Share Price Target 2025 | Rs 2.5 |
| Alstone Textiles Share Price Target 2030 | Rs 5-7 (Approx) |
| Alstone Textiles Share Price Target 2040 | Rs 10 (Approx) |
| Alstone Textiles Share Price Target 2050 | Rs 15-20 (Approx) |
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Personal Opinion
As the chat is always running in the upper circuit and lower circuit there is very less chance that you could exit at the right time. As a penny stock, this is a very high-risk and rewarding stock.
Conclusion
We see the company’s fundamentals. Company technical expects also the returns of the companies are not really sustainable and reliable. The stock is very volatile.Â
This article is for Educational purpose .Do not invest on behalf of information provided in the article. Please consult an expert before making decisions We are not SEBI registered advisor . Â
FAQ
What is the current Alstone Textiles share price?
Alstone Textile’s share price is ₹0.73 (as of 25 July 2023)
What is the expected Alstone Textiles share price target for 2023?
The expected Alstone share price target for 2023 is Rs 1.15.
What are the factors that will affect the Alstone Textiles share price target?
These are some factors that include the company’s financial performance, the global textile industry, and the overall market sentiment
Is Alstone Textiles a good investment?
No, This Penny stock could be risky for investment.
What is the brokerage fee for buying Alstone Textiles shares?
There is no brokerage fee for buying