If you are looking for “ Alkem Laboratories share price targets” for upcoming years, you are in the right place. Before we dive into Alkem Laboratories Ltd. stock price targets, Let’s understand the Alkem Laboratories company background, technical fundamentals etc.
- 1 About Alkem Laboratories Ltd.
- 2 Fundamentals of Alkem Laboratories Ltd.
- 3 Alkem Laboratories Ltd. Share Price Target Details
About Alkem Laboratories Ltd.
Alkem Laboratories Ltd. is a pharmaceutical company based in Mumbai, India. The company was founded in 1973 and has a strong focus on research and development. Alkem Laboratories produces a wide range of products, including generic drugs, branded generics, and biosimilars, and serves customers across the globe. The company has a strong distribution network and has received several awards for its products and services. Alkem Laboratories also undertakes several initiatives in the areas of healthcare, education, and social responsibility.
Fundamentals of Alkem Laboratories Ltd.
Let’s look at the fundamentals of Alkem Laboratories, based on which we can get a clear understanding of the expertise in the Pharmaceuticals & Drugs sector.
- Current Market Cap: The current market cap of Alkem Laboratories as of 3/11/2023, is ₹ 39,433.13
- P/E Ratio: The current price-to-earning ratio of Alkem Laboratories is 41.22
- Sales Growth: Sales growth in last 1 year for Alkem Laboratories is 19.96 %
- Profit Growth: Profit growth is around 3.87 % in last 1 year
We have done a complete analysis of Alkem Laboratories and have come up with its share price targets for upcoming years.
Alkem Laboratories’s Current Share Price is ₹3,298
Note: These price targets of “Alkem Laboratories” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition are not covered in this analysis.
|Year||Alkem Laboratories Share Price Targets (₹)|
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of Alkem Laboratories for the year 2023 will be ₹3608
The target share price of Alkem Laboratories for the year 2024 will be ₹3763
The target share price of Alkem Laboratories for the year 2025 will be ₹3918
The target price of Alkem Laboratories for the year 2026 will be ₹4073
The target share price of Alkem Laboratories for the years 2027, 2028, 2029, and 2030 will be ₹4228, ₹4383, ₹4538, and ₹4693 respectively.