Candour Techtex Limited is an emerging player in the textile and technical fabrics sector. Investors and market enthusiasts often seek future price predictions to understand its growth trajectory. This article provides a detailed analysis of Candour Techtex’s share price targets for 2025, 2030, 2035, 2040, and 2050 based on market trends, financial performance, and industry outlook.
Table of Contents
Candour Techtex Market Overview
Candour Techtex operates in the specialized textile industry, manufacturing high-quality technical textiles for various applications. The company has been expanding its market presence and improving its financial stability, which makes it an interesting stock to watch for long-term investors.
| Metric | Value |
|---|---|
| Market Cap | ₹ 177.77 Cr. |
| No. of Shares | 1.80 Cr. |
| P/E | 381.5 |
| Face Value | ₹ 10 |
| CASH | ₹ 6.84 Cr. |
| DEBT | ₹ 34.64 Cr. |
| Promoter Holding | 35.4 % |
| Sales Growth | 209.79% |
| 52 Week High | ₹ 118 |
| 52 Week Low | ₹ 32.50 |
Candour Techtex Share Price Target (2025-2050)
| Year | Expected Price Range |
|---|---|
| 2025 | ₹20 – ₹30 |
| 2030 | ₹50 – ₹80 |
| 2035 | ₹100 – ₹150 |
| 2040 | ₹200 – ₹300 |
| 2050 | ₹400 – ₹600 |
Candour Techtex Share Price Target 2025
By 2025, Candour Techtex is expected to grow steadily due to increasing demand for technical textiles and expansion strategies.
- Expected Price Range: ₹20 – ₹30
- Growth Factors: Expansion in production capacity, rising industry demand, and stable financials.
Candour Techtex Share Price Target 2030
By 2030, Candour Techtex could experience substantial growth, driven by innovation and market penetration.
- Expected Price Range: ₹50 – ₹80
- Growth Factors: Strong financial performance, industry growth, and potential collaborations.
Candour Techtex Share Price Target 2035
With a well-established market presence, Candour Techtex may achieve significant milestones by 2035.
- Expected Price Range: ₹100 – ₹150
- Growth Factors: Technological advancements, international expansion, and higher profitability.
Candour Techtex Share Price Target 2040
If Candour Techtex maintains a steady growth trajectory, it could reach new highs by 2040.
- Expected Price Range: ₹200 – ₹300
- Growth Factors: Sustainable business model, strong industry position, and increased demand.
Candour Techtex Share Price Target 2050
Long-term investors might see significant returns by 2050 as Candour Techtex evolves into a major industry player.
- Expected Price Range: ₹400 – ₹600
- Growth Factors: Global expansion, diversification, and sustained revenue growth.
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Factors Affecting Candour Techtex Share Price
Several factors influence the share price of Candour Techtex, including:
- Government Policies: Regulations and incentives for the textile industry can influence company performance and stock valuation.
- Industry Growth: The technical textile sector is expected to grow significantly, driving demand for Candour Techtex products.
- Company Performance: Revenue growth, profit margins, and expansion plans will impact the stock’s valuation.
- Market Trends: Stock market conditions, investor sentiment, and economic stability play a crucial role in share price movements.
Candour Techtex Shareholding Ratios
| Category | Percentage |
|---|---|
| Promoter | 35.4% |
| Public | 64.6% |
| FII | 0% |
| DII | 0% |
Peer Comparison
| COMPANY | MCAPCr. | P/E | EPSRs. | ROCE% | EV/EBITDA |
|---|---|---|---|---|---|
| Winsome Textile | 188.19 | 7.40 | 12.83 | 12.50 | 4.05 |
| One Global Service P | 186.64 | 16.26 | 16.15 | 84.87 | 11.94 |
| Zenith Exports | 185.39 | 0 | -3.17 | 2.18 | -487.21 |
| Weizmann | 185.23 | 21.60 | 5.53 | 17.88 | 14.87 |
| Shri Dinesh Mills | 180.34 | 54.45 | 5.91 | 34.58 | 9.52 |
| Candour Techtex | 177.77 | 381.50 | 0.26 | 2.09 | 26.79 |
| Trident Texofab | 174.73 | 92.06 | 1.85 | 10.11 | 26.08 |
| Shri Techtex | 173.53 | 14.13 | 4.92 | 24.51 | 8.50 |
| Virat Industries | 167.89 | 353.44 | 0.96 | 4.23 | 81.43 |
| Shahlon Silk Inds. | 166.55 | 38.39 | 0.49 | 9.22 | 10.72 |
Risks and Challenges
While Candour Techtex shows promising growth potential, investors should consider:
- Market Volatility: Share prices can fluctuate due to economic conditions and investor sentiment.
- Competition: Rising competition from global textile firms could impact growth.
- Regulatory Changes: Government policies and import/export regulations can affect operations.
Candour Techtex appears to be a strong long-term investment opportunity, with significant potential in the technical textile industry. Investors should conduct their own research and consult financial experts before making investment decisions.
Disclaimer: The share price predictions are based on market analysis and trends. Actual performance may vary due to economic conditions and company-specific factors.