Axita cotton share price prediction 2024, 2025, 2030

Axita Cotton Ltd total debts

In recent years, management has attempted to significantly reduce the company’s debt. Currently, the company has a debt of Rs 6 million and also has a cash reserve of Rs 22 million. That’s why you can describe the company as almost debt-free.

If we look at the performance of Axita Cotton Ltd. over the past five years and observing the increasing demand for the company’s products, we can expect the company to continue to perform well in the future.If you like the information we provided, continue reading the post. In addition, in this article we will try to estimate what the Axita Cotton share price forecast might be in the future based on the company’s fundamentals and technical analysis of the company’s shares.

Axita cotton share price prediction 2024

Only 30% of the company’s total revenue comes from India and the remaining 70% comes from exports. Demand for the company’s products is increasing abroad. The company exports its products to countries such as China, Vietnam, Indonesia, Thailand, Bangladesh and Pakistan.
The company’s exports abroad are continuously increasing. While the company generated 50% of its sales from exports in 2020, this figure has now risen to 70%.The increasing demand for the company’s products abroad can be seen as good news for the company and its shareholders.
If we talk about the target price of Axita Cotton shares price prediction 2024, the target Axita Cotton shares price could be increase to Rs 75 in 2024 due to higher sales growth. If the stock achieves this goal, it can hold the company’s shares. for another target price of Rs. 80.

Axita cotton share price prediction 2025

In addition to producing cotton seeds, the company also markets cotton seeds by processing cotton bales. In the coming months, the company management will also add some new products to the product portfolio.

The company management will soon produce more quality cotton seeds. Currently, the company produces 87,600 MTPA per year and is increasing its production year after year.

If we talk about the price target of Axita Cotton shares for 2025, the company’s sales have increased tremendously in the last five years due to the constant efforts of the company’s management to increase the production capacity of its products.Thanks to the efforts of the management and the possibility of good growth in the company’s business model in the future, the target price of Axita Cotton shares for 2025 can be between Rs 110-125 given the market volatility.

Axita cotton share price prediction 2030

If we talk about the future target of Axita Cotton shares price in 2030, an increase in demand for cotton and cotton products will be observed in the coming years. This will result in good sales growth for the company.

The company’s business is doing well both in India and abroad and the company is continuously receiving good orders from abroad. If company management manages to improve its OPM in the coming years, there can be a significant increase in the company’s net profit.
The company currently strives to be a strong company both fundamentally and financially and the promoter’s holding company is 72.37% of the company also looks very good. Currently, the company’s business is mainly limited to Gujarat and Maharashtra, but in the future, the company’s management will work on plans to expand the business across the country.

If we talk about the future price target of Axita Cotton shares, the price target of Axita Cotton shares in the long term can be between Rs 210 and Rs 240.

Is It right time to buy Axita cotton share?

Currently, the company’s shares are trading near their high price and the last six months have witnessed a strong rally in the company’s shares, due to which the P/E ratio of the company’s shares has reached 75. 6 and the stock is trading at a premium to its book value of Rs 2.14.

1. If you plan to invest in the company’s stock for a long period of time, you can wait until the stock falls slightly. Currently, the company’s market capitalization is very low and traders are often seen trading these types of penny stocks, so the company’s shares could suffer a deine after a good recovery.

Frequently asked questions ( F&Q)

What is the Axita cotton share price in 2024?

According to experts., Axita cotton share price in 2024 will be Rs 75 to Rs 80 estimate.