Bikaji Foods Share Price Target 2023, 2024, 2025, 2028, 2030

Bikaji Foods Share Price Target 2023, 2024, 2025, 2028, 2030: This company of FMGC Sector is registered in India by the name of Bikaji Foods International Ltd and this company is known for packaged food business.

Through today’s post, we will do technical and fundamental analysis of Bikaji Foods International Ltd company’s stock and on that basis we will try to know about the target for the next few years.

Bikaji Foods is a new company launched in the Indian stock market, so its technical analysis will not be very specific, but we will definitely discuss its fundamentals from the point of view of investment.

And will also try to know whether it will be able to grow its business in the coming years, if the business of Bikaji Foods grows in the future, its investors will definitely get the benefit.

So let’s know about Bikaji Foods Share Price Target for upcoming years in details.

Bikaji Foods company Information

Bikaji Foods International Ltd was incorporated in the year 1986 AD and its headquarter is located in Bikaner, Rajasthan, India, this company was started by Mr. Shiv Ratan Agarwal

But this company was listed in the stock market of India on November 18, 2022, at the time of listing, its one share price was Rs.317 and in just a few months this price had reached Rs.436 but at present, the price is running at around Rs.380

This company mainly manufactures packaged snacks like Bhujia, Namkeen, Packaged Sweets, Papad etc. Currently this company sells more than 300 packaged products in India as well as in many other countries.

The current market cap of Bikaji Foods International Ltd is ₹ 9,166 Cr. is around and its business is growing very fast

This company has created a pan India distribution network for the growth of its business, through which it has been able to reach the products in all the states, cities and rural areas of India.

Bikaji Foods Share Price Target 2023

Bikaji Foods Company is emerging as a leading company in FMGC Sector in India and the demand for the company’s products is increasing rapidly.

And this company is paying a lot of attention to the marketing of its products, due to which it is being successful in connecting new customers with itself.

Due to the quality of the products, the customers who buy the products of Bikaji Foods once, want to buy the products of Bikaji Foods again and again.

On this basis, it would not be wrong to say that the growth of Bikaji Foods Company is going to increase very rapidly in the coming years, therefore investing in its stock can be a profitable deal.

The first target of Bikaji Foods stock for the year 2023 can be Rs.395 and the second target can be Rs.420.

Bikaji Foods Share Price Target 2024

Bikaneri Bhujia is one of the most demanded products in the Indian FMCG market, which is manufactured by Bikaji Foods on a large scale, along with this, Bijki Foods is India’s second largest papad manufacturing company, in which about 9000 tons of papad were manufactured in the year 2022 by Bikaji Foods.

Also the financials of the company are very Good and Bikaji Foods has been able to show a healthy profit growth of 16.16% for the last 3 years.

Bikaji Foods is making good products which will definitely make a very positive impact in its business.

Its first target for the year 2024 can be Rs.460 and the second target can be Rs.498.

Bikaji Foods Share Price Target 2025

This company is resorting to advertising to spread the information about its products to the people, and is getting advertisements done through big actors like Amitabh Bachchan, the effect of which is being seen in its sales.

The sale of Bikaji Foods products is increasing day by day, due to which the company’s revenue is also increasing, it has been able to show a good revenue growth of 21.01% for the last 3 years.

By paying attention to all these things, we come to the conclusion that the company is really worth investing in and will surely be successful in giving good returns to its investors.

The first target of Bikaji Foods stock can be Rs.540 and the second target can be Rs.565 for the year 2025.

Bikaji Foods Share Price Target 2028

At present, most of the business of Bikaji Foods Company is spread in the field of Bhujia and the company is trying its best to spread its business towards other packaged products as well, due to which more than 300 products have been launched in the market.

It is a virtually debt free company and the cash conversion cycle of the company is also very good, due to which the company has been successful in increasing its product range.

If the company also pays attention to the sales of its other products through good advertising, then the sales of the company are expected to increase very rapidly and its benefits will definitely be seen in its profits.

The first target of Bikaji Foods stock for the year 2028 can be Rs.710 and the second target can be Rs.735.

Bikaji Foods Share Price Target 2030

Bikaji Foods is building a diversified product portfolio for itself to be known as a very promising company in the long run through which it can rule the FMGC sector

Along with this, the promoter holding of the company is also very high and no plodge is being seen in it.

If Bikaji Foods continues to work with the idea of expanding its business by managing the company in the same way, then we will definitely see this company ruling the FMGC sector in the long run.

The first target of Bikaji Foods stock for the year 2030 can be Rs.875 and the second target can be Rs.965.

Bikaji Foods Share Price Target 2023-2030

Shareholding Pattern of Bikaji Foods Company

If we talk of shareholding pattern of this company, Promoters hold the 75.97% of the company, FII holds the 3.08% of the company, DII holds the 6.91% of the company and Public hold the 14.03% of the company.

Competitors of Bikaji Food Company

As we all know that every company has its competitors, similarly Bikaji Foods also has some competitors which are as follows

• Varun Beverages
• Hatsun Agro
• Zydus Wellness
• Hindustan Foods
• LT Foods

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Conclusion

Through this post, we tried to share detailed information about Bikaji Foods Share Price Target 2023, 2024, 2025, 2028, 2030 with you, hope that the information shared in this post will definitely be beneficial for you.

If you are thinking of investing in Bikaji Foods shares, then before investing you must analyze its shares and company or take advice from your financial advisor.

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