Hey there! Curious about GTL Infrastructure Ltd’s share price targets for the next few years? You’re in the right spot! GTL Infrastructure is a big deal in the telecom world, having set up around 26,000 towers across India. Led by Mr. Manoj Tirodkar. But before we dive deep, let’s chat about their stock predictions and a bit about their journey. Ready?
If you are looking for “GTL Infrastructure Ltd share price targets” for upcoming years you are in the right place. Before we dive into GTL Infrastructure stock price targets, Let’s understand the GTL Infrastructure company background, technical fundamentals etc.
About GTL Infrastructure Limited
GTL Infrastructure Ltd is a company which develops, deploys and manages telecom towers and other communication structures which are given by wireless telecom operators. They have deployed around 26000 telecom towers in all the 22 circles across India. The chairman of this company is Mr Manoj Tirodkar.
They have achieved certain milestones in the overall journey like they have received ET Telecom awards in 2016, In 2017 they were lead sponsors of the Digital India Summit.
Fundamentals of GTL Infrastructure
Let’s look at the fundamentals of GTL Infrastructure Ltd, based on which we can get a clear understanding of the expertise in the infrastructure sector.
- Current Market Cap: The current market cap of GTL Infrastructure Ltd as of July 9 2022, is ₹ 1,514.80 Cr.
- P/E Ratio: The current price to earning ratio of GTL Infrastructure Ltd is ₹0.
- EV/EBITDA: 12.64
- Sales Growth: Sales growth over the period of time for GTL Infrastructure Ltd is -0.51%.
- Profit Growth: Profit growth is around 31.81% over the period of time.
GTL Infrastructure Ltd Price Target Details
We have done a complete analysis of GTL Infrastructure Ltd and have come up with its share price targets for upcoming years.
Note: These price targets of “GTL Infrastructure Ltd” is only for reference purpose only, this prediction is only if there is positive market sentiments, any uncertainties in the company or global market condition is not covered in this analysis.
GTL Infrastructure Ltd share price target 2023
While analyzing the previous year chart, we found that in 2008 it had hit peak of Rs.100, due to bad project plan this stock created a disaster in history by becoming penny stock now, Now analysts are predicting that this stock will take a pull back and return to its original price, by looking at the chart we can see that 2023 target could be upto Rs.3.2.
The target share price of GTL Infrastructure Ltd for the year 2023 will be ₹3.2
GTL Infrastructure Ltd share price target 2024
The target share price of GTL Infrastructure Ltd for the year 2024 will be ₹4.1
GTL Infrastructure Ltd share price target 2025
As you have seen, currently infrastructure stocks are rising, due to upcoming infrastructure projects which got announced recently, these projects have a target to complete on 2025, which will eventually help in economic growth, exporting business model, which will increase India’s GDP, and generate more profits for GTL Infrastructure company.
The target share price of GTL Infrastructure Ltd for the year 2025 will be ₹5.6
GTL Infrastructure Ltd share price target 2026
The target share price of GTL Infrastructure Ltd for the year 2027 will be ₹7.9
GTL Infrastructure Ltd share price target 2027 to 2030
The target share price of GTL Infrastructure Ltd for the years 2027, 2028, 2029, and 2030 will be ₹10.1, ₹11.5, ₹12.2, and ₹14.8 respectively.
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Year | GTL Infrastructure Ltd 1st Share price Targets (₹) | GTL Infrastructure Ltd 2nd Share price Targets (₹) |
---|---|---|
2022 | 2.8 | 3 |
2023 | 3.2 | 3.8 |
2024 | 4.1 | 4.7 |
2025 | 5.6 | 6.6 |
2026 | 7.9 | 9.1 |
2027 | 10.1 | 10.8 |
2028 | 11.5 | 11.9 |
2029 | 12.2 | 13.2 |
2030 | 14.8 | 16 |
Certainly! Let’s delve into a technical analysis of GTL Infrastructure Ltd’s stock price based on the provided link:
GTL Infrastructure Ltd Stock Technical Analysis
Current Stock Price: ₹1.31
Historical Price Data:
- 52-week High: ₹1.55
- 52-week Low: ₹0.60
Technical Indicators
Support and Resistance Levels:
- Support Level: ₹0.60
- This level represents a price point where historically, the stock has found buying interest, preventing it from falling further.
- Resistance Level: ₹1.55
- This level indicates a price point where the stock has historically faced selling pressure, preventing it from rising further.
Price Predictions
Bullish Scenario
If the stock breaks above the resistance level of ₹1.55 with significant volume:
Potential Target Price: ₹2.50 (This is a hypothetical target based on potential price movements and the difference between the high and low).
Bearish Scenario
If the stock breaks below the support level of ₹0.60 with increased volume:
Potential Target Price: ₹0.30 (This is a hypothetical target based on potential price movements and the difference between the high and low).
Conclusion
GTL Infrastructure Ltd’s stock is currently trading between its recent high and low. Traders should closely monitor the stock for potential breakouts or breakdowns from these levels. A breakout above ₹1.55 could signal a bullish trend, while a breakdown below ₹0.60 might indicate a bearish trend. It’s essential to consider volume during these movements and use stop-loss orders to manage risks effectively.
Every investor dreaming
About GTL infrastructure limited share price will go up
But the share price will
Continue going downward
I bought 1Lakh share the
Price of Rs 2.5 to 2.10
Before 2 years I give up the
Hope it is an dead stock
Great blog post. Really helpful. Keep it up.