Igarashi Motors India Limited is indeed the mother company of Igarashi Electric Works Ltd., which is based in Japan. They produce the small sized car motors. These are the types of motors that typically go into different systems in a vehicle, such as, power windows, as well as the seats and air conditioning. Subsequently, Igarashi Motors distribute these gadgets to their clients, that is, big auto manufacturing companies in different countries.
The electric car boom has singled out a lot of car companies in recent months as the trend to electric rides gains traction. This also tells us something positive about Igarashi Motors. They have already in their home turf vacuum out all the congestion and are now offering more efficient electric motors. They are also the preferred choice by the manufacturers and they produce next-generation cars such as hybrids and electric cars. This report analyzes how much capital investors like to pay for Igarashi Motors shares, based on the future development of the company, which includes, among other things, the present status of the company, current market operations, and the future performance of the company.
Current Stock Performance For Igarashi Motors Share Price
Here is an overview of the Igarashi Motors stock as per the last notice:
- Open: ₹759.90
- High: ₹769.95
- Low: ₹747.50
- Market Cap: ₹2,400 crore
- P/E Ratio: 147.41
- Dividend Yield: 0.13%
- 52-Week High: ₹792.15
- 52-Week Low: ₹402.00
- Current Price: ₹762.20
- One Year Growth: +29.79%
The stock price of Igarashi Motors has gone up a lot over the last year. Its growth rate stood at 29.79%. This proves that even people believe the company has a good future. the P/E ratio stands high as 147.41 which means it is expensive. People are thus giving a premium of 147.41% to buy the stocks. This seems to have been the case due to the company's successful efforts in the market and also the potential to grow further. The dividend yield is at a low of 0.13%. This means that the company is investing most of its profits in the business and the input of its shareholders is minimal. They are focusing on growing the business.
Shareholding Pattern For Igarashi Motors Share Price
By the year of 2024, the following distributions of the company's stocks have been recorded:
- Promoters: 75.00%
- Retail and Others: 22.14%
- Other Domestic Institutions: 1.28%
- Foreign Institutions: 0.82%
- Mutual Funds: 0.77%
Principal Promoters: It is interesting to note that the promoters have now kept their share with 75.00% of the total shares, which indicates that the faith they have in Igarashi. They are the biggest stakeholders in the company and signify their mold in the company's future. The addition of foreign institutions leads to the inference of concomitant developments.
Igarashi Motors Share Price Target from 2024 to 2030
Assuming the current situation of the company and its future growth, here are the price targets of Igarashi Motors shares from 2024 to 2030:
YEAR | SHARE PRICE TARGET |
---|---|
2024 | ₹880 |
2025 | ₹1008 |
2026 | ₹1155 |
2027 | ₹1322 |
2028 | ₹1514 |
2029 | ₹1732 |
2030 | ₹1982 |
Our bet is that the stock price will surge up all along the way for six years. This is due to the plans the corporation has in place, the increasing number of electric cars and an overall positive market.
Risks and Challenges For Igarashi Motors Share Price
Though Igarashi Motors appears to be doing very well currently, it still does have some weaknesses. The company is exposed to the following risks:
Cyclical Nature of the Automotive Industry for Igarashi Motors Share Price:
Automotive manufacturing history depicts that the industry has got repeated cycles. People buy more cars in some periods and a little in others. This varies according to the state of the economy, what people prefer, and what the new laws say. Should a dip occur in the number of cars bought, it would be an impediment to Igarashi Motors' profits.
Competition from Global and Domestic Players for Igarashi Motors Share Price:
Electric motors are made by many companies. It should be noted that the electric motors industry is rife with big names having plenty of money and a wide array of products. To be able to compete with such companies Igarashi Motors must keep on their toes and continuously deliver innovative products.
Raw Material Price Volatility for Igarashi Motors Share Price:
The company's main ingredient for producing the motors is metals. The costs of these materials fluctuate a lot. If the prices increase, the larger amount of money required will be spent on making the motors. The company needs to be wary of this particular situation.
Regulatory and Environmental Challenges for Igarashi Motors Share Price:
New laws dealing with the environment and energy use might pose problems for Igarashi Motors. They have to make the motors meet the set rules. This would then entail more costs.
Dependency on Key Customers for Igarashi Motors Share Price:
Most of Igarashi Motors' operations involve selling motors to some of the car makers. If fewer carmakers buy the engines and motors produced by the company that can be a drag on the company's poultry.
Currency Fluctuations for Igarashi Motors Share Price:
Apart from selling its products in India, Igarashi Motors exports its products to numerous countries. The variation in trade rates is one of the factors that can change the revenue flow of the company. Given the fact that each country has its own exchange rate, this might not allow Igarashi Motors to make the money they want in the end.
Igarashi Motors India Limited is doing quite well indeed as more and more people globally are using electric and hybrid cars. The Igarashi motors company is the best producer of new items and supplying to the large and well-known auto companies. In our point of view, the price might elevate to ₹1,982 by the year 2030. Also, it might be a very good investment for you.
Nevertheless, people are urged to be cautious. The car industry happens to have an unpredictable nature. Higher competition occurs. Fluctuating prices of raw materials are a reality. Also, new laws can make the existing ones harder to follow. Thus, the way Igarashi Motors tides over all these challenges will determine its success.
Financial Performance For Igarashi Motors Share Price
Igarashi Motors is doing perfectly well from a financial perspective. They target to produce products that sell the best in the car market. The high P/E ratio at 147.41 represents the sentiment that the company will significantly turn its fortunes around in future making more money through its stocks. The dividend yield rate is low at 0.13%. For growth companies, this is acceptable. Growth companies, on the other hand, use funds for growth and may not focus on paying out capital dividends to investors.
The firm asset value which is shown as ₹2,400 crores denotes a very substantial player in the Indian market. First and foremost, it is important to ascertain if the company is in a position to produce the motors for the electric and the hybrid car market which in turn would attract many avid buyers. This would be a transformation for the better for the company.
Market Outlook and Growth Drivers For Igarashi Motors Share Price
Shift Towards Electrification in the Automotive Industry For Igarashi Motors Share Price:
More and more people are now getting to buy electric and hybrid cars. It is even better for Igarashi Motors which is manufacturing motors for such cars. As the number of people who are buying them is increasing, Igarashi Motors might sell more motors and thus make more money.
Expansion into New Markets for Igarashi Motors Share Price:
Igarashi Motors targets new geographical locations for trade. They aim at the buying of vehicles in countries that have been troubled by traffic. The company is renowned for making cars' motors that car companies prefer. This would be great for them in getting more new customers in the new areas they have accessed to.
Innovation and R&D Investment for Igarashi Motors Share Price:
Igarashi Motors spares no money when it comes to research and development to come up with more efficient and better motors. The company thus manages to beat other companies with these innovations. By this way, the company can keep on selling to big car companies as well as on an increased global scale.
Strong Customer Relationships for Igarashi Motors Share Price:
Igarashi Motors is one of the largest motor producers that tie up with these manufacturers and supply their motors. These car companies repeat orders from Igarashi Motors for the sake of them being successful in the making of more hybrid and electric cars. This is due to the fact that people theoretically make their car preferences to greener ones, and the companies cash in thereby.
Favorable Government Policies for Igarashi Motors Share Price:
The governments in many countries are promoting the electric vehicle through subsidies to buyers and producers in the form of incentives. There are policies being made by these governments that aid in creating a market for the businesses which supply parts for the electric cars. The Indian government is trying to make the move to more electric vehicles and hopes companies would fall in line.
FAQ For Igarashi Motors Share Price
What is the current market cap of Igarashi Motors?
The current market cap of Igarashi Motors is ₹2,400 crore.
What is the P/E ratio of Igarashi Motors?
The P/E ratio of Igarashi Motors is 147.41.
What is the dividend yield of Igarashi Motors?
The dividend yield of Igarashi Motors is 0.13%.
What is the 52-week high and low of Igarashi Motors?
The 52-week high is ₹792.15, and the 52-week low is ₹402.00.
What is the shareholding pattern of Igarashi Motors?
The shareholding pattern as of June 2024 is:
- Promoters: 75.00%
- Retail and Others: 22.14%
- Other Domestic Institutions: 1.28%
- Foreign Institutions: 0.82%
- Mutual Funds: 0.77%
What are the key risks and challenges for Igarashi Motors?
The principal risk factors include the cyclic nature of the automobile industry, competition, altering raw material prices, new laws, and dependence on a handful of large customers.
How has the shareholding pattern changed in the June 2024 quarter?
The promoters still own 75.00%. While they still own 0.89% of foreign institutions, mutual funds own some shares as well in addition (0.77 instead of 0.76%). Foreign institutions less foreign institutions.