This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated Manoj Vaibhav Gems N Jewellers share price target 2024 to 2030, and 2035 are shown below.
Overview
Name: Manoj Vaibhav Gems and Jewellers Ltd.
Headquarters: Andhra Pradesh, India
Founded: Early 1994
Industry: Jewellery Industry
Manoj Vaibhav Gems and Jewellers is a well-known jewelry company, particularly in India. They are known for their large assortment of exquisite jewelry, which includes both classic and contemporary items. They frequently include a variety of options, from gold and diamonds to precious gemstones. Their reputation is based on quality, craftsmanship, and a dedication to customer satisfaction.
In recent years, numerous jewelry businesses, like Manoj Vaibhav, have increased their online presence, allowing buyers to browse and purchase jewelry directly from their websites. They may provide online catalogs, virtual consultations, and other digital services.
MVGJL places a strong importance on the client experience, offering personalized services and ensuring that consumers find exactly what they are looking for. Their staff are generally well-trained to provide expert advice and assistance.
Table of Contents
MVGJL share price target 2024 to 2030 and 2035
MVGJL Share Price Targets are: 2024 – 221 to 285, 2025 – 488 to 533, 2026 – 654 to 810, 2027 – 952 to 1177, 2028 – 1323 to 1511, 2029 – 1675 to 1866, 2030 – 2134 to 2189 and price forecasted 5456 to 6123 by 2035.
| Year | First target | Second target |
| 2024 | 221 | 285 |
| 2025 | 488 | 533 |
| 2026 | 654 | 810 |
| 2027 | 952 | 1177 |
| 2028 | 1323 | 1511 |
| 2029 | 1675 | 1866 |
| 2030 | 2134 | 2189 |
| 2035 | 5456 | 6123 |
MVGJL Financials
| Particulars (₹ cr) | Q2FY24 | Q1FY24 | Q2FY23 | Q-o-Q | Y-o-Y |
| Total revenue | 6459.24 | 5428.69 | 6202.19 | 18.9% | 4.14% |
| Gross Profit | 357.13 | 289.99 | 297.86 | 23.15% | 19.89% |
| Expense | 6102.11 | 5138.70 | 5904.33 | 18.7% | 3.3% |
| Profit Growth (PAT) | 266.72 | 217.58 | 221.62 | 22.58% | 20.35% |
MVGJL Shareholdings
MVGJL share price target 2024
The NSE and BSE listed Manoj Vaibhav Gems & Jewellers Ltd. under the symbol MVGJL as of 06 October 2023. The company’s closing share price as of November 27, 2024, was 233. It is not a fixed share price; fluctuation happens every second in the open market.
MVGJL share price target 2024 is 221 as the first target and 285 as the second target
| Month | First target | Second target |
| August | 245 | 270 |
| November | 221 | 252 |
| December | 235 | 285 |
MVGJL share price target 2025
The company has opened 15 outlets throughout Andhra Pradesh & Telangana, focusing on expanding their business in various regions. its PAT margin grew to 3.8% YoY as compared to 3.5 and EBITDA has risen by 5% YoY. The company’s EPS gradually increased by 18% in past 4 years. return on equity slightly decreased by -1.15% in the last 4 years that is 2021 to 2024.
MVGJL initial forecasted share value for the beginning of 2025 is 410. The semi-annual price forecast may rise to 488 in a positive market sentiment. The price at the end of the year is forecast at 533.
| Month | First target | Second target |
| January | 365 | 410 |
| May | 416 | 473 |
| September | 488 | 501 |
| December | 522 | 533 |
MVGJL share price target 2026
MVGJL initial forecasted share value for the beginning of 2026 is 605. The semi-annual price forecast may rise to 654 in a positive market sentiment. The price at the end of the year is forecast at 810.
| Month | First target | Second target |
| January | 552 | 605 |
| May | 639 | 654 |
| September | 698 | 736 |
| December | 753 | 810 |
MVGJL share price target 2027
Revenue has grown by 16% YoY, and expenses rose by 11%. The company made profit after tax of Rs. 8,900 lakhs in the financial year 2024 compared to 7,160 lakhs in the financial year 2023. Overall, the financials are good. Looking at these highlights, we assume the share price target for MVGJL 2027 is 822 at the beginning, 952 at the middle of the year, and 1177 at the end of the year.
| Month | First target | Second target |
| January | 812 | 822 |
| May | 836 | 898 |
| September | 952 | 1101 |
| December | 1154 | 1177 |
MVGJL share price target 2028
MVGJL share price target for 2028 is 1210 at the start of the financial year. The price was forecast at 1323 in the middle of the year with some price consolidation for some months, and the projected share price is 1511 at the end of the year.
| Month | First target | Second target |
| January | 1189 | 1210 |
| May | 1265 | 1305 |
| September | 1323 | 1496 |
| December | 1498 | 1511 |
MVGJL share price target 2029
MVGJL price in 2029 is expected to reach 1675 to 1866, with some consolidation zones. The initial forecasted share value for the beginning of the year is 1587.The semi-annual price forecast may rise to 1675 in a positive market sentiment. The price at the end of 2029 is forecast at 1825 to 1866.
| Month | First target | Second target |
| January | 1528 | 1587 |
| May | 1605 | 1663 |
| September | 1675 | 1758 |
| December | 1825 | 1866 |
MVGJL share price target 2030
The initial price target of MVGJL is 1882 at the beginning of the year 2030. The half-yearly price forecast can rise to 2134 in a positive market situation. The price at the end of the year is forecast to 2189.
| Month | First target | Second target |
| January | 1882 | 1897 |
| May | 2005 | 2056 |
| September | 2134 | 2152 |
| December | 2185 | 2189 |
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MVGJL share price target 2035
Depending on company economics and sector demand and supply with a favorable trend pattern, we may assume the target price of MVGJL share price target of 2035 to be 5456 at the beginning of the year, 5876 at the middle of the year, and 6123 at the end of the financial year.
What is MVGJL?
MVGJL is one of the reputed incorporated in 1994. mainly its business located in South-Central and southeastern parts of India, across Andhra Pradesh and Telangana.
What is MVGJL share price target for 2024?
MVGJL share price target for 2024 is 221 as the first target and 285 as the second target.
What is MVGJL share price target for 2025?
MVGJL share price target for 2025 is 488 as the first target and 533 as the second target.
What is the MVGJL office website?
Conclusion
This article presents MVGJL share price targets from 2024 to 2030 and 2035. Targets are mentioned based on technical and fundamental analysis. stock may be corrected by any news or by companies’ poor or good results. Consider it a proposed level of guidance and not a recommendation. The stock market has high risk and unpredictable moves; invest with your risk appetite and a well-researched advisory.