F-14/15, Orbit Mall, Civil Lines, Jaipur-302006
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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comGood Luck India Ltd is a well-established Indian engineering and steel products company, primarily engaged in manufacturing ERW steel tubes, precision tubes, galvanized structures, and engineering components. The company caters to diverse sectors such as infrastructure, agriculture, automobiles, railways, and renewable energy. With India’s continued push toward infrastructure development, housing, and industrial expansion, Good Luck India Ltd remains well positioned to benefit from long-term structural growth.
In this article, we present a fresh and detailed analysis of Good Luck India Ltd share price targets from 2026 to 2030, using the given example blog format while keeping the content original and company-specific.
| Detail | Value |
|---|---|
| Open | ₹1,147.80 |
| Previous Close | ₹1,147.80 |
| Day’s High | ₹1,159.00 |
| Day’s Low | ₹1,143.00 |
| VWAP | ₹1,150.47 |
| 52-Week High | ₹1,349.00 |
| 52-Week Low | ₹567.75 |
| All-Time High | ₹1,349.00 |
| All-Time Low | ₹20.65 |
| Market Capitalization | ₹3,801 Cr |
| Volume | 16,245 |
| Value (Lacs) | 185.79 |
| 20D Avg Volume | 92,514 |
| 20D Avg Delivery (%) | 53.03% |
| Face Value | ₹2 |
| Book Value Per Share | ₹422.02 |
| Dividend Yield | 0.35% |
| Beta | 1.90 |
| UC Limit | ₹1,377.30 |
| LC Limit | ₹918.30 |
A beta of 1.90 indicates higher volatility, which is common in mid-cap metal and engineering stocks during commodity upcycles.
Good Luck India Ltd operates across multiple verticals within the steel and engineering ecosystem. Its product portfolio includes ERW pipes, precision tubes, CR coils, and engineered structures used in infrastructure and industrial projects. The company has steadily expanded capacity and improved value-added product mix over the years.
Core business areas include:
Steel tubes and pipes
Engineering and precision products
Infrastructure and industrial supplies
Strong presence in steel tubes and engineering products
Diversified end-user industries reducing dependency risk
Beneficiary of infrastructure and housing growth
Healthy promoter holding indicating confidence
Improving long-term demand visibility
| Investor Type | Holding (%) |
|---|---|
| Promoters | 56.45% |
| Retail & Others | 37.66% |
| Other Domestic Institutions | 3.36% |
| Foreign Institutions | 1.48% |
| Mutual Funds | 1.06% |
Promoter holding above 56% reflects long-term commitment, while gradual institutional participation adds credibility.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 1,350 | 1,500 |
| 2027 | 1,600 | 1,850 |
| 2028 | 2,000 | 2,300 |
| 2029 | 2,400 | 2,800 |
| 2030 | 3,000 | 3,500 |
These projections consider infrastructure-led steel demand, value-added product growth, and potential valuation re-rating over the long term.
By 2026, stable steel demand and infrastructure spending could support revenue consistency.
Growth Drivers:
Government infrastructure projects
Stable demand from engineering and construction
Improved operational efficiency
Investment View: Suitable for medium-term investors comfortable with volatility.
Capacity utilization improvement and margin stability may drive earnings growth.
Growth Drivers:
Value-added product mix
Strong order book visibility
Controlled cost structure
Investment View: Positive outlook for long-term investors.
By 2028, the company may reflect consistent earnings growth and stronger balance sheet metrics.
Growth Drivers:
Infrastructure and housing demand
Expansion in precision and engineered products
Better return ratios
Investment View: Attractive for long-term compounding.
Sustained industrial growth could support further valuation expansion.
Growth Drivers:
Continued steel consumption growth
Diversified customer base
Improved cash flow generation
Investment View: Strong long-term holding candidate.
By 2030, Good Luck India Ltd could emerge as a stronger mid-cap engineering company.
Growth Drivers:
Long-term infrastructure and industrial capex
Increasing focus on value-added products
Structural growth in steel usage
Investment View: High long-term potential with cyclical risk.
Good Luck India Ltd represents a cyclical yet fundamentally sound mid-cap stock aligned with India’s infrastructure and industrial growth story. While near-term performance may fluctuate with steel prices, the long-term outlook remains constructive.
Strong promoter holding
Exposure to infrastructure and industrial growth
Reasonable valuation compared to book value
Improving product mix
Volatility in steel and raw material prices
Cyclical nature of the metal sector
Higher beta leading to sharp price swings
Dependence on infrastructure spending cycles
Regular monitoring of quarterly results and steel price trends is recommended.
Good Luck India Ltd is well positioned to benefit from India’s long-term infrastructure, housing, and industrial expansion. Although the stock may remain volatile in the short term due to commodity cycles, its diversified operations and improving fundamentals support meaningful long-term upside. Based on current data and sector trends, Good Luck India Ltd share price could potentially reach ₹3,000–₹3,500 by 2030.
For investors seeking exposure to India’s engineering and infrastructure growth with a long-term horizon, Good Luck India Ltd can be a compelling option within a diversified portfolio.
1. What is the current share price of Good Luck India Ltd?
It is around ₹1,145–₹1,160, depending on market conditions.
2. What is the Good Luck India share price target for 2026?
The expected range is ₹1,350 to ₹1,500.
3. Is Good Luck India Ltd good for long-term investment?
It may suit investors with moderate-to-high risk appetite and a long-term view.
4. What is the share price target for 2030?
The projected range is ₹3,000 to ₹3,500.
5. What factors influence Good Luck India’s share price the most?
Steel price trends, infrastructure spending, earnings growth, capacity utilization, and overall market sentiment.
Disclaimer:
This article is for educational purposes only and does not constitute investment advice. Please consult a certified financial advisor before making any investment decisions.
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