If you are looking for “Schaeffler India share price targets” for upcoming years, you are in the right place. Before we dive into Schaeffler India Ltd. stock price targets, Let’s understand the Schaeffler India company background, technical fundamentals etc.
Schaeffler India Ltd. is a subsidiary of Schaeffler Group, a global automotive and industrial supplier. The company was founded in 1965 and is headquartered in Pune, India. Schaeffler India manufactures and markets a wide range of automotive and industrial products, including bearings, transmissions, and engine components. The company has a strong R&D capability and has received several awards for its innovations. Schaeffler India has a distribution network in over 300 locations across India and serves customers in various sectors, including automotive, industrial, and renewable energy.
Fundamentals of Schaeffler India Ltd.
Let’s look at the fundamentals of Schaeffler India, based on which we can get a clear understanding of the expertise in the Bearings sector.
Current Market Cap: The current market cap of Schaeffler India as of 3/11/2023, is ₹ 42,832.68
P/E Ratio: The current price-to-earning ratio of Schaeffler India is 51.06
Sales Growth: Sales growth in last 1 year for Schaeffler India is 47.81 %
Profit Growth: Profit growth is around 116.21 % in last 1 year
Schaeffler India Ltd. Share Price Target Details
We have done a complete analysis of Schaeffler India and have come up with its share price targets for upcoming years.
Schaeffler India’s Current Share Price is ₹2,740
Note: These price targets of “Schaeffler India” 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
Schaeffler India Share Price Targets (₹)
2023
3050
2024
3205
2025
3360
2026
3515
2027
3670
2028
3825
2029
3980
2030
4135
Schaeffler India 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 Schaeffler India for the year 2023 will be ₹3050
Schaeffler India share price target 2024
The target share price of Schaeffler India for the year 2024 will be ₹3205
Schaeffler India share price target 2025
The target share price of Schaeffler India for the year 2025 will be ₹3360
Schaeffler India share price target 2026
The target price of Schaeffler India for the year 2026 will be ₹3515
Schaeffler India share price target 2027 to 2030
The target share price of Schaeffler India for the years 2027, 2028, 2029, and 2030 will be ₹3670, ₹3825, ₹3980, and ₹4135 respectively.
Schaeffler India Technical Analysis
As of September 21, 2023, the current stock price of Schaeffler India is ₹3,185.
Initial Target: ₹3,400 – Based on the 52-week high and current momentum.
Intermediate Target: ₹3,600 – Considering the growth in sales and market cap.
Advanced Target: ₹3,800 – If the company continues to maintain its dividend yield and ROCE.
Potential Bearish Targets
Initial Target: ₹3,000 – Considering the recent 2.29% drop.
Intermediate Target: ₹2,800 – If the company’s sales growth remains poor.
Advanced Target: ₹2,600 – If the ROE continues to be low.
Conclusion
Based on the data, Schaeffler India has a market cap of ₹11,000 Cr. and a Stock P/E of 28.7. The company has shown a compounded sales growth of 8% over the past 5 years but has a low return on equity of 6.16%.
In my opinion, the future of Schaeffler India looks promising but comes with risks. The company has a strong market presence but needs to improve its sales growth and ROE to sustain long-term growth.
