Start Filing Your ITR Now
Our plans start from ₹ 499/-

Orbit Exports Share Price Target From 2024 to 2030

Orbit Exports has established itself as a prominent player in the textile and specialty fabrics industry. With consistent growth and innovative products, it has attracted significant investor attention. As a leader in this sector, Orbit Exports benefits from its high-quality offerings and global reach. This article provides a comprehensive analysis of Orbit Exports' share price targets from 2024 to 2030, based on its performance, market trends, and growth potential.


Company Profile

Orbit Exports is a renowned organization specializing in specialty fabrics and textiles. With a strong international presence and a reputation for quality, innovation, and reliability, the company’s product portfolio spans fashion, home furnishings, and industrial applications.


Key Financial Figures for Orbit Exports

  • Current Market Price: ₹191.04

  • Market Capitalization: ₹505.63 Crore

  • P/E Ratio: 13.85

  • Dividend Yield: Not Applicable

  • 52-Week High: ₹209.40

  • 52-Week Low: ₹135.60

Performance in the Last Year

Orbit Exports has demonstrated a 3.80% increase in stock value over the past year, reflecting steady investor confidence despite industry challenges.


Shareholding Pattern

  • Promoters: 66.16%

  • Retail and Others: 33.84%

  • Foreign Institutions: 0.00% (compared to 0.06% in the September 2024 quarter)

The decline in foreign institutional investors (FII) from 0.06% to 0.00% signals reduced foreign interest.


Share Price Target Predictions (2024-2030)

Based on historical performance, market trends, and industry analysis, here are the projected year-wise share price targets for Orbit Exports:

Year Share Price Target (₹)
2024 220
2025 295
2026 370
2027 445
2028 525
2029 605
2030 690

Detailed Projections:

  • 2024: Moderate growth driven by rising specialty fabric sales and strategic market expansions, leading to an estimated share price of ₹220.

  • 2025: Increased global demand for high-quality textiles and continued innovation are likely to push the price to ₹295.

  • 2026: Further market expansion and improved production capabilities are expected to drive the share price to ₹370.

  • 2027: Sustained growth and strategic performance may result in a share price of ₹445.

  • 2028: Enhanced market leadership and revenue streams could elevate the share price to ₹525.

  • 2029: Consolidated leadership in the specialty fabric market is projected to raise the price to ₹605.

  • 2030: Continued innovation and global market dominance are likely to push the share price to ₹690.


Growth Influencing Factors

  1. Strong Promoter Support: A 66.16% promoter holding underscores confidence in the company’s long-term prospects.

  2. Global Market Reach: Extensive international presence enables Orbit Exports to capitalize on growing global demand for specialty fabrics.

  3. Innovation: Continuous R&D ensures competitive advantage through high-quality, innovative products.

  4. Industry Trends: Sustainability and superior textile quality drive market demand, creating growth opportunities for Orbit Exports.

  5. Strategic Market Expansion: Expansion into emerging economies boosts revenue potential.


Risks and Challenges

  1. Declining FII Interest: Reduced foreign investor stakes may impact stock valuation.

  2. Intense Competition: The textile industry’s competitive nature requires constant innovation and efficiency.

  3. Regulatory Changes: Shifts in trade or export policies can affect operations and profitability.

  4. Currency Volatility: International trade exposes the company to currency risks that could impact profit margins.


Frequently Asked Questions

1. What is the current market price and market capitalization of Orbit Exports?

The current market price is ₹191.04, and the market capitalization is ₹505.63 crore.

2. How has Orbit Exports performed in the last year?

The stock has risen by 3.80% in the past year, reflecting steady growth.

3. What is the promoter holding in Orbit Exports?

Promoter holding stands at 66.16% as of the September 2024 quarter.

4. What is the share price target for 2024?

The share price target for 2024 is ₹220, based on projected growth and market demand.

5. What is the long-term share price target for Orbit Exports?

The long-term share price target is ₹690 by 2030, driven by consistent growth and market expansion.

6. What are the principal growth drivers for Orbit Exports?

Major growth drivers include strong promoter support, global market reach, innovation, and favorable industry trends.

7. What are the major risks of investing in Orbit Exports?

Key risks include declining FII interest, intense competition, regulatory changes, and currency volatility.

8. Does Orbit Exports offer a dividend yield?

Currently, Orbit Exports does not provide a dividend yield.


Conclusion

Orbit Exports has demonstrated its potential to deliver value to investors through innovation, global market presence, and strategic growth initiatives. Despite challenges such as declining FII interest and regulatory risks, the company’s strong fundamentals and growth prospects make it a compelling choice for investors. With projected share price targets from ₹220 in 2024 to ₹690 in 2030, Orbit Exports offers substantial long-term returns, positioning it as a promising investment in the textile sector.

Disclaimer: This article is written for informational purposes only, do not consider it as any investment advice.

author

The Tax Heaven

Mr.Vishwas Agarwal✍📊, a seasoned Chartered Accountant 📈💼 and the co-founder & CEO of THE TAX HEAVEN, brings 10 years of expertise in financial management and taxation. Specializing in ITR filing 📑🗃, GST returns 📈💼, and income tax advisory. He offers astute financial guidance and compliance solutions to individuals and businesses alike. Their passion for simplifying complex financial concepts into actionable insights empowers readers with valuable knowledge for informed decision-making. Through insightful blog content, he aims to demystify financial complexities, offering practical advice and tips to navigate the intricate world of finance and taxation.

Subscribe to the exclusive updates!