In this article, I am going to do a detailed analysis of Alstone Textiles Share Price Target. Along with this, we will also do a detailed analysis of Alstone Textiles Share.
Today the company we are going to talk about is Alstone Textiles which is a brand that stands for excellence, affordability, and innovation. And investors feel that this share can give you a lot of profit and of course, the chances to be in future that’s why we will analyze Alstone Textiles share.
So mainly, this post has been written to analyze the stock. And we will also try to find out the Alstone Textiles Share Price Targets in this. So, let’s first all have a look at the company’s share overview, and its financial, fundamentals and then we will predict the future price of Alstone Textiles shares.
Alstone Textile Share News –
Alstone Textiles Overview
Alstone Textiles( India) Limited is a vital company with a history that traces back to its incorporation as Shalini Holdings Limited on May 25, 1985. Over time, the company has experienced significant changes that is, the company is rising as a prominent player in the textile industry.
Its shares are traded on famed stock exchanges, including the Bombay Stock Exchange Limited( BSE), Delhi Stock Exchange Limited, and Ahmedabad Stock Exchange Limited( ASE). The crucial moment of transformation occurred on September 23, 2015, when the company rebranded itself as Alstone Textiles( India) Limited, transitioning from its prior identity to Shalini Holdings.
In its nascent phase, Alstone Textiles( India) Limited was centered around colorful textile segments similar to cotton, woolen, art silk, natural silk, readymade garments, hosiery, synthetic fiber and fabric, and mixed fabrics.
Alstone Textiles Fundamentals
| Company | Alstone Textiles (India) Ltd |
|---|---|
| Market Cap | ₹108 Crore |
| P/E Ratio | 17 |
| Industry P/E | 70.99 |
| EPS | 0.05 |
| ROE | 2.73% |
| Dividend Yield | NA |
| Book Value | ₹1.20 |
| Debt To Equity | 0 |
Metrics Explained –
- Market Capitalization (Mkt Cap): ₹108 Crores indicates the total market value of the company’s outstanding shares. It’s a relatively small market cap.
- Return on Equity (ROE): 2.73% – A positive ROE suggests that the company is generating a reasonable return on shareholders’ equity.
- Price-to-Earnings Ratio (P/E Ratio): 17 – A low P/E ratio might indicate that the stock is trading at a lower valuation compared to its earnings.
- Industry P/E: 70.99 – Compared with the industry P/E, it seems that the company might be trading at a lower valuation.
- Earnings per Share (EPS): ₹0.05 – A positive EPS indicates that the company is making profits per share.
- Dividend Yield: 0.00% – This indicates that the company is not currently offering dividends.
- Book Value: ₹1.20 – This is the per-share value of the company’s assets.
- Debt to Equity: 3.27 – A debt-to-equity ratio of 0 indicates that the company has no debt.
Alstone Textiles Financial Trends
In 2021, the company’s revenue surged to 0 crores, and its profit was -0.08 crore. In 2022, the company made a profit of -0.09 crore with a revenue of 0 crore. And in 2023, Alstone earned a strong profit of 24.52 crore and a revenue of 5.17 crore.
Alstone Textiles Shareholding Pattern
| Quarterly | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|
| Promoters | 10.91% | 10.10% | 10.10% | 10.91% | 7.97% |
| FIIs | 0.41% | 0.00% | 0.00% | 0.41% | 0.00% |
| Public | 88.68% | 89.91% | 89.90% | 88.68% | 92.03% |
Alstone Textiles Share Price Target Table
| Year | Minimum Price | Maximum Price |
|---|---|---|
| Alstone Textiles Share Price Target 2023 | ₹0.68 | ₹0.69 |
| Alstone Textiles Share Price Target 2024 | ₹0.70 | ₹0.73 |
| Alstone Textiles Share Price Target 2025 | ₹0.72 | ₹0.76 |
| Alstone Textiles Share Price Target 2026 | ₹0.74 | ₹0.80 |
| Alstone Textiles Share Price Target 2027 | ₹0.77 | ₹0.84 |
| Alstone Textiles Share Price Target 2028 | ₹0.79 | ₹0.88 |
| Alstone Textiles Share Price Target 2029 | ₹0.81 | ₹0.93 |
| Alstone Textiles Share Price Target 2030 | ₹0.84 | ₹0.98 |
Alstone Textiles Share Price Target 2024
Past returns of Alstone Textiles are not good at all. It has given returns of -69% in the last year and returns of -38% in the last 6 months, which is not considered good. Experts are predicting that it may give negative returns this year or will give less returns. The predicted Alstone Textiles Share Price Target 2024 can be INR 0.70 and the maximum price can be INR 0.73.
Alstone Textiles Share Price Target 2025
Alstone Textiles is a very risky stock because it is a penny stock. Its share price has been falling for many years, although its fundamentals are excellent and it has also made a very good profit this year. Since this is a penny stock, speculating on its future price right now would be a guess. Looking at its future value, it is estimated that Alstone Textiles Share Price Target 2025 can be INR 0.72 while the maximum price can be INR 0.76.
Alstone Textiles Share Price Target 2030
At present the company’s condition is not good, so I would never want to invest in it and would not advise investing in it. Although Alstone’s fundamentals and financial conditions are okay, penny stock is quite risky, but it is a high reward-carrying stock.
According to its historical data, Alstone Textiles Share Price Target 2030 can be INR 0.84 and the highest price can be INR 0.98. I would suggest that you invest only as much money as you are willing to lose, otherwise don’t invest in it.
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Conclusion
So how did you like this blog, please tell by commenting. We have tried to know as much as possible about Alstone Textiles’ share price target for 2024, 2025, and 2030.
If you want to know anything else about it, then you comment, and we will try our best to give you the best answer. And yes, If you Liked this article, then definitely share it as much as possible.
FAQs
What is the Debt of Alstone Textiles company?
The debt of Alstone Textiles company is ₹ 0.52 Crore and its debt-to-equity ratio is 0.00.
What is the share price of Alstone Textiles in 2026?
The share price of Alstone Textiles in 2025 can be ₹0.74 while the highest price can be ₹0.80.
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DISCLAIMER – Share Market Investments are subject to market risks, read all scheme-related documents carefully before investing.