If you are looking for “ Torrent Pharmaceuticals share price targets” for upcoming years, you are in the right place. Before we dive into Torrent Pharmaceuticals Ltd. stock price targets, Let’s understand the Torrent Pharmaceuticals company background, technical fundamentals etc.
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About Torrent Pharmaceuticals Ltd.
Torrent Pharmaceuticals Ltd. is one of the leading pharmaceutical companies in India. It is engaged in the research, development, manufacture, and marketing of a wide range of pharmaceutical products, including prescription drugs, over-the-counter drugs, and health supplements. The company was founded in 1959 and is headquartered in Ahmedabad.
Fundamentals of Torrent Pharmaceuticals Ltd.
Let’s look at the fundamentals of Torrent Pharmaceuticals, 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 Torrent Pharmaceuticals as of 2/26/2023, is ₹ 51,545.24
- P/E Ratio: The current price-to-earning ratio of Torrent Pharmaceuticals is 49.14
- Sales Growth: Sales growth in last 1 year for Torrent Pharmaceuticals is 6.29 %
- Profit Growth: Profit growth is around -37.92 % in last 1 year
We have done a complete analysis of Torrent Pharmaceuticals and have come up with its share price targets for upcoming years.
Torrent Pharmaceuticals’s Current Share Price is ₹1,523
Note: These price targets of “Torrent Pharmaceuticals” 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 | Torrent Pharmaceuticals Share Price Targets (₹) |
|---|---|
| 2023 | 1833 |
| 2024 | 1988 |
| 2025 | 2143 |
| 2026 | 2298 |
| 2027 | 2453 |
| 2028 | 2608 |
| 2029 | 2763 |
| 2030 | 2918 |
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 Torrent Pharmaceuticals for the year 2023 will be ₹1833
The target share price of Torrent Pharmaceuticals for the year 2024 will be ₹1988
The target share price of Torrent Pharmaceuticals for the year 2025 will be ₹2143
The target price of Torrent Pharmaceuticals for the year 2026 will be ₹2298
The target share price of Torrent Pharmaceuticals for the years 2027, 2028, 2029, and 2030 will be ₹2453, ₹2608, ₹2763, and ₹2918 respectively.
