Newmalayalam Steel Share Price Target : Are you thinking of investing in Newmalayalam Steel shares? Want to know its future price target? In this guide, we will discuss Newmalayalam Steel share price target for the year 2024, 2025, 2026, 2030. Along with this, we will do a complete fundamental analysis to help you make the right decision.
Our Promoter, Vazhappily Davis Varghese with the intention of expanding the business operations of M/s. Demac Steel, incorporated our Company for expanding our portfolio and reach. Our Company is engaged in the business of manufacturing galvanised pipes, tubes, and sheets. Owing to the consistent efforts of our Promoters, we have been able to create a brand presence in Kerala, under the name of ‘Demac Steel’.
We have utilized to create a market presence in Kerala and for penetrating the local markets of the aforementioned areas. We have entered into formal agreements with majority of our dealers and offer them a mutually agreed upon margin on the goods which are distributed by them.
Our dealer network has enabled us in establishing our brand presence thereby creating a significant customer base in Kerala. We sell all our products using our dealer network. We also sell our products to our Promoter Group entity, namely Jaihind Steel Private Limited, who further trades it to wholesellers, construction agencies, consumers etc.
| Fundamentals | Newmalayalam Steel |
|---|---|
| Market Cap | ₹125 Cr |
| 52 Week High | 90.00 |
| 52 Week Low | 66.25 |
| NSE Symbol | NMSTEEL |
| ROE | 0.00% |
| P/E Ratio | 29.17 |
| EPS | 2.47 |
| P/B Ratio | 1.51 |
| Dividend Yield | 0.00% |
| Industry P/E | 19.06 |
| Book Value | 47.57 |
| Debt to Equity | 0.86 |
| Stock Face Value | 10 |
Newmalayalam Steel Shareholding Pattern
| Promoters | 73.02% |
|---|---|
| Retail & Others | 24.43% |
| FII | 2.55% |
The Newmalayalam Steel Financial Reports
| Sector | Year (2024) |
|---|---|
| Revenue | 300 Cr. |
| Expense | 293 Cr. |
| Profit Before Tax | 6 Cr. |
| Net Profit | 4 Cr. |
Newmalayalam Steel Share Price Target 2025
The share price of Newmalayalam Steel may Ups & Down. According to our analysis levels, the minimum price of Newmalayalam Steel share in 2025 can be ₹70 and the maximum price can be ₹150.
| Month Wise (Year 2025) | Target Price |
|---|---|
| January | ₹70 |
| February | ₹73 |
| March | ₹80 |
| April | ₹86 |
| May | ₹90 |
| June | ₹94 |
| July | ₹101 |
| August | ₹105 |
| September | ₹120 |
| October | ₹129 |
| November | ₹140 |
| December | ₹150 |
Also Read: JBM Auto Share Price Target 2024, 2025, 2026, 2030 to 2050
Newmalayalam Steel Share Price Target 2026
The share price of Newmalayalam Steel may Ups & Down. According to our analysis levels, the minimum price of Newmalayalam Steel share in 2026 can be ₹150 and the maximum price can be ₹280.
| Month Wise (Year 2026) | Target Price |
|---|---|
| January | ₹150 |
| December | ₹280 |
Also Read: HDFC Life Share Price Target 2024, 2025, 2026, 2030 to 2050
Newmalayalam Steel Share Price Target 2030
The share price of Newmalayalam Steel may Ups & Down. According to our analysis levels, the minimum price of Newmalayalam Steel share in 2030 can be ₹1,500 and the maximum price can be ₹2,200.
| Month Wise (Year 2030) | Target Price |
|---|---|
| January | ₹1500 |
| December | ₹2200 |
Also Read: Shree Renuka Sugar Share Price Target 2024, 2025, 2030 to 2050
Newmalayalam Steel Share Price Target 2040
The share price of Newmalayalam Steel may Ups & Down. According to our analysis levels, the minimum price of Newmalayalam Steel share in 2040 can be ₹4,000 and the maximum price can be ₹5,300.
| Month Wise (Year 2040) | Target Price |
|---|---|
| January | ₹4000 |
| December | ₹5300 |
Also Read: Vodafone Idea Share Price Target 2024, 2025, 2026, 2030 to 2050
Newmalayalam Steel Share Price Target 2050
The share price of Newmalayalam Steel may Ups & Down. According to our analysis levels, the minimum price of Newmalayalam Steel share in 2050 can be ₹8,800 and the maximum price can be ₹11,500.
| Month Wise (Year 2050) | Target Price |
|---|---|
| January | ₹8800 |
| December | ₹11500 |
Also Read: Tata Steel Share Price Target 2024, 2025, 2026, 2030 to 2050
Newmalayalam Steel Financial Information
Competative Strengths
- Widespread distribution network and presence across various retail channels.
- Diversified Product Basket.
- Strong brand recall and established track record.
- Existing client and supplier relationships.
- Quality Assurance and Quality Control of our products.
- Strategically located manufacturing facilities with modern infrastructure and integrated manufacturing
- facilities with a core focus on quality.
- Cost efficient sourcing and locational advantage.
- Well experienced management team with proven project management and implementation skills.
How To Buy Newmalayalam Steel Share?
To buy Newmalayalam Steel shares, you can easily buy shares of Newmalayalam Steel by using the trading platform of many stock brokers.
The names of most trading platforms for buying Newmalayalam Steel shares are given below.
- Groww App
- Phonepe. Share Market App
- Angel One App
- Dhan App
- Upstox App
- Zerodha App
Disclaimer :- The above article is for informational purposes only, and should not be construed as any investment advice. Money Mint idea suggests its readers/viewers to consult their financial advisors before making any money-related decisions.
