Globe Textile Share Price Target 2025 minimum is ₹8 and the maximum is ₹12.
Hello, investor in this article we are going to do a fundamental and technical analysis of the globe textile company as this is a penis stock currently trading at 5.75.
You will also understand the company’s balance sheet business and what are the future prospects of the company.
About Globe Textile
Globe Textile Company was incorporated in 1995 it is involved in the trading and manufacturing of textile-type products.
Globe Textile Key Point
| Company Name | Globe Textiles (India) Ltd |
| Market Cap | ₹ 83.9 Cr. |
| Debt | ₹ 105 Cr. |
| Return over 3years | 21.0 % |
| Return over 1year | -1.71 % |
| P/E | 19.2 |
| ROCE | 11.5 % |
| Profit Var 5Yrs | 14.3 % |
| Sector P/E | 31.0 |
| Debt to equity | 1.94 |
| 52-Week High/Low | ₹ 6.35 / 2.10 |
| ROE | 8.66 % |
| Website | http://globetextiles.net/ |
In the month and week, the stock returns are really good. The 3-month stock gave a return of 69.12% in the past 1 month the stock almost gave a double return.
This is because in the June 2023 quarter the company operating properties 5.01 crore which is almost double the previous quarter 2.94 Crores. The net profit of the company also doubled from the previous quarter in June 2023 company profit was 1.46 crore and in the previous quarter March 2023 the company profit was 76 lakh. Globe Textile Share Price Target 2025 minimum is ₹8 and the maximum is ₹12.
Globe textile sales growth in boys 3 years is 15% and the compounding profit growth is 14% the return on equity over the past 3 years is 7% which is really good for a penny stock and they also maintain a healthy balance sheet if we see according to a penny stock.
We see the operating profit year on year of the company growing really well. In March 2021 the company’s operating profit was 4 crore. In March 2022 the operating profit of the company was 15 crore and now in March 2023, this will reach 18 crore. Globe Textile share price target for 2030 minimum is ₹15 and the maximum is ₹20.
Stock past 5 years written is 85.67% the stock was received in an SC on the 1st of October 2020. Just in 1 year the stock gave a return of 312.68%.
But after making a high of ₹19.20 the stock is continuing to fall. But you see from the previous two months the stock gave a return of percent from the recent law so now the stock is again in Up Trends. Globe Textile Share Price Target minimum is ₹45 and the maximum is ₹55.
| Years | Minimum Target | Minimum Target |
| 2025 | Rs 8 | Rs 12 |
| 2030 | Rs 15 | Rs 20 |
| 2040 | Rs 45 Estimated | Rs 55 Estimated |
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Conclusion
Globe Textile global textile company operating provided and net properties growing really well as a penny stock and the financial company is stable.
FAQ
Who is the owner of the Globe Textile Company?
Bhavik Prakhar is the owner of Globe Textile Company.
Is group textile dead free?
No, the company has a debt of Rs 105 Cr.
What is Globe Textile’s share price Target in 2025?
Globe Textile Share Price Target 2025 minimum is ₹8 and maximum is ₹12.
What is Globe Textile’s share price Target in 2030?
Globe Textile Share Price Target 2025 minimum is ₹8 and maximum is ₹12.