Spectrum Foods share price target

Spectrum Foods Ltd. is a salt and spices manufacturing company, formerly started as a salt refinery in North India, incorporated in 1994 in Jaipur, Rajasthan, India. The company also works in the renewable and hospitality sectors.

This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated Spectrum Foods share price target 2024 to 2030, and 2035 are shown below.

Overview

Name: Spectrum Foods Ltd. 

Headquarters: Jaipur, Rajasthan, India.

Founded: 1994

Industry: Manufacturing Industry 

Spectrum Foods share price target 2024 to 2030 and 2035

Spectrum Foods Share Price Targets are: 2024 – 35 to 39.30, 2025 – 42 to 55, 2026 – 68 to 84, 2027 – 105 to 125, 2028 – 165 to 200, 2029 – 256 to 320, 2030 – 496 to 582 and price forecasted 1552 to 2085 by 2035.

Spectrum Foods Financials

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Spectrum Foods Shareholdings

Spectrum Foods share price target 2024

The BSE listed Spectrum Foods under SPECFOOD. The company’s closing share price as of December 13, 2024, was 31.50. This is not a fixed share price; it fluctuates every second in the open market. 

Spectrum Foods share price target 2024 is 35 as the first target and 39.30 as the second target

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Spectrum Foods share price target 2025

Spectrum Foods is one of the largest B2B salt and spice producers in India. It is working in the salt & spices, renewables, and hospitality sectors. The company also owns a 1.5 MW Suzlon windmill located in Madhya Pradesh. 

Spectrum Foods forecasted share value for the beginning of 2025 is 42. The semi-annual price forecast may rise to 49 in a positive market sentiment. The price at the end of the year is forecast at 55.

Spectrum Foods share price target 2026

Spectrum Foods initial forecasted share value for the beginning of 2026 is 68. The semi-annual price forecast may rise to 75 in a positive market sentiment. The price at the end of the year is forecast at 84.

Spectrum Foods share price target 2027

Revenue has decreased by -60.25% YoY, and expenses decreased by -70.68%. The company submitted standalone profit growth(PAT) of Rs. 1 crore in the financial year 2024 compared to Rs. 0.38 crore in the financial year 2023. Overall, the financials are good. Looking at these highlights, we assume the Spectrum Foods share price target for 2027 is 105 at the beginning, 110 at the middle of the year, and 125 at the end of the year.

Spectrum Foods share price target 2028

Spectrum Foods share price target 2028 is 165 at the start of the financial year. The price was forecast at 180 in the middle of the year with some price consolidation for some months, and the projected share price is 200 at the end of the year.

Spectrum Foods share price target 2029

Spectrum Foods share price target 2029 is expected to reach 256 to 320, with some consolidation zones. The initial forecasted share value for the beginning of the year is 256. The semi-annual price forecast may rise to 290 in a positive market sentiment. The price at the end of 2029 is forecast at 315 to 320.

Spectrum Foods share price target 2030

The initial price target of Spectrum Foods is 496 at the beginning of the year 2030. The half-yearly price forecast can rise to 521 in a positive market situation. The price at the end of the year is forecast to 582.

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Spectrum Foods 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 Spectrum Foods share price target 2035 to be 1552 at the beginning of the year, 1822 at the middle of the year, and 2085 at the end of the financial year.

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Factors Fueling Spectrum Foods’s Continued Growth

• Broad Array of Products and Services
  • The company initially started with a salty refinery; eventually it began producing spices as well. As SFL also works in renewables and hospitality, it is diversifying its profit growth year on year.

Conclusion

This article presents Spectrum Foods share price targets for 2024 to 2030 and 2035. These targets are mentioned based on the company’s fundamental records, including its cash flow, profit margin, debt statements, revenue, and earnings. and based on market trends, economic data, sector performance, market news, company new launches, etc. Forecasted prices may differ in the future as they are not guaranteed numbers depending on market news, corporate announcements such as stock splits, bonus shares, offers for sale, dividends, and global market fluctuations.

Investors aiming to take advantage of Spectrum Foods’ possibilities will have to monitor the organization’s developing business tactics, technological progress, and market situations in the upcoming years.

This format focuses on Spectrum Foods share price target and long-term growth expectations, helping readers understand the factors influencing the stock from 2024 to 2030. Investing and trading in financial markets carries considerable risks, including possibly losing principal. Previous performance does not guarantee future outcomes, and market conditions may shift quickly. Consider it a proposed level of guidance and not a recommendation. The stock market has high risk and unpredictable moves; invest with your risk appetit