Hey, are you searching for an SBC Exports Ltd share price target for 2023, 2024, 2025 till 2030 then you are in right place. So today in this article I will analyze SBC Export Share Price NSE and BSE based on fundamentals and technicals and give you a detailed analysis of the stock’s future performance.
Before diving into deep study let’s understand the company’s history and its business.
SBC Exports Company was incorporated on January 18 2011 in Uttar Pradesh As a public limited company. Presently the Company Secretary and Compliance Officer are Mr. Hariom Sharma.
Business areas of the companies are trading handmade carpets, cushion covers, cotton quilts, bed sheets, etc.
The company also expanded its activities in information technology manpower supply services and tour Travels services going forward the company started its Hosiery fabrics and Hosiery garments trading.
Fundaments Of SBC Exports Ltd.
The market cap of the companies is 388.36 CR. and the number of shares is 21.16 CR.
The PE of the company is 51
PB is 11.95
The company pays Zero dividends because the company wants to reinvest it for business expansion,
The cash reserve of the 3.62 CR
Debit is 9.32 CR which is negligible.
Promoter holding 65.77%.which more than 60% indicates the promoter’s trust in the company’s growth in the future.
EPS is 0.36.
Sales growth of 29.48%
ROE is 14.04%
ROCE is 21.88%
Profit growth is 86.85%
The sales growth of the company for the last year is 29.48%, for the previous 3 years 28.1% and for the last 5 years is 42.46%.
The profit growth of the company for the last year is 86.85% and over the previous 3 years, 36.96%, and for the last 5 years is 59.87%.
The debt-to-equity ratio of the company is 0.35 which is below 1 which is good for the company and the company can pay its debt at any time.
The company has a good cash conversation cycle of 28.53 days which is suitable for the company.
The company is trading at a Higher PE ratio of 51 which is very high and comparatively overvalued
The company’s return on assets is 3.97% which is a bad sign for the future performance of the company.
Share Holding Pattern of SBC Exports Ltd.
The promoter holding in the company is 65.77% which indicates the promoter’s trust in the company’s future growth.
Public holding in the company is more than 10% which is almost 34.23% which indicates that the stock is volatile in the bad result of the Company.
FII and DII holding in the Company are Zero which indicates that the company fails to attract smart money.
The pledging of the stack of the company indicates that the company is not in good condition.
Technical Analysis of the SBC Exports Ltd.
To better understand the price action of the stock I am taking a weekly chart to analyze the stock. The stock is two years old in the stock market so on the weekly chart the stock is in an uptrend making higher highs and higher lows. After entering in the stock market the stock never breaks its opening day low and continuously moves in an uptrend.
Now the stock breaks its all-time high of 17.15 and trading at 18.35. So some pullback is possible right now.
Major supports for the stock are: first support is 18.20, second support is 15.20, and third support is 13.40.
There is no major resistance of the stock right now if the stock sustains above 20 then its first target will be 27.65, the second target will be 42.05, and the third target will be 57.10.
SBC Exports Ltd share price target/Prediction/Forecast
SBC Exports Ltd share price target 2023
SBC Export Ltd’s share price target minimum will be 15.20 and the maximum will be 23.40.
SBC Exports Ltd share price target 2024
SBC Export Ltd’s share price target minimum will be 21.20 and the maximum will be 27.65.
SBC Exports Ltd share price target 2025
SBC Export Ltd’s share price target minimum will be 25.50 and the maximum will be 42.05.
SBC Exports Ltd share price target 2026
SBC Export Ltd’s share price target minimum will be 39.21 and the maximum will be 57.10.
SBC Exports Ltd share price target 2027
SBC Export Ltd’s share price target minimum will be 54.61 and the maximum will be 79.92.
SBC Exports Ltd share price target 2028
SBC Export Ltd’s share price target minimum will be 73.55 and the maximum will be 102.
SBC Exports Ltd share price target 2029
Export Ltd’s share price target minimum will be 94 and the maximum will be 148.
SBC Exports Ltd share price target 2030
Export Ltd’s share price target minimum will be 141 and the maximum will be 205.
Investing in the right stock is big task for small retailer and doing detailed analysis of stock is time consuming. But we made it simple and give you full details in this article. So these you consider for long term check all scenarios once again and check the market condition before investment. The article and analysis are reference purpose only. Check all aspects before investment and if you like this article comment below and share it with your family and friends.