If you are looking for “ Patanjali Foods share price targets” for upcoming years, you are in the right place. Before we dive into Patanjali Foods Ltd. stock price targets, Let’s understand the Patanjali Foods company background, technical fundamentals etc.
About Patanjali Foods Ltd.
Patanjali Foods Ltd. is an Indian consumer goods company founded in 2006 by Baba Ramdev and Acharya Balkrishna. The company is headquartered in Haridwar, Uttarakhand, India. Patanjali is known for its range of Ayurvedic and natural products, including food, cosmetics, and health supplements. The company has grown rapidly in recent years, with revenue reaching over $1.5 billion in 2019. Patanjali has become a popular brand in India due to its emphasis on natural and traditional ingredients, as well as its association with yoga and Ayurveda. The company has also faced controversy over its claims and marketing practices, but remains a major player in the Indian consumer goods market.
Fundamentals of Patanjali Foods Ltd.
Let’s look at the fundamentals of Patanjali Foods, based on which we can get a clear understanding of the expertise in the Edible Oils sector.
- Current Market Cap: The current market cap of Patanjali Foods as of 3/11/2023, is ₹ 34,427.52
- P/E Ratio: The current price-to-earning ratio of Patanjali Foods is 40.16
- Sales Growth: Sales growth in last 1 year for Patanjali Foods is 5.84 %
- Profit Growth: Profit growth is around -98.47 % in last 1 year
Patanjali Foods Ltd. Share Price Target Details
We have done a complete analysis of Patanjali Foods and have come up with its share price targets for upcoming years.
Patanjali Foods’s Current Share Price is ₹951
Note: These price targets of “Patanjali Foods” 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||Patanjali Foods Share Price Targets (₹)|
Patanjali Foods share price target 2023
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 Patanjali Foods for the year 2023 will be ₹976
Patanjali Foods share price target 2024
The target share price of Patanjali Foods for the year 2024 will be ₹1001
Patanjali Foods share price target 2025
The target share price of Patanjali Foods for the year 2025 will be ₹1156
Patanjali Foods share price target 2026
The target price of Patanjali Foods for the year 2026 will be ₹1311
Patanjali Foods share price target 2027 to 2030
The target share price of Patanjali Foods for the years 2027, 2028, 2029, and 2030 will be ₹1466, ₹1621, ₹1776, and ₹1931 respectively.