This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated Ceigall India share price target 2024 to 2030, and 2035 are shown below.
Overview
Name: Ceigall India Ltd.
Headquarters: Ludhiana, Punjab, India.
Founded: 2002
Industry: Construction Industry
Ceigall India Ltd. is an Indian construction company established in 2002. It is mainly involved in road development and maintenance and is Headquartered in Ludhiana, Punjab, India. The company received a special award for outstanding work from the Ministry of Road Transport and Highways, the government of India both in 2020 & 2021.
Table of Contents
Ceigall India share price target 2024 to 2030 and 2035
Ceigall India Share Price Targets are: 2024 – 250 to 485, 2025 – 579 to 644, 2026 – 763 to 910, 2027 – 1052 to 1101, 2028 – 1169 to 1274, 2029 – 1356 to 1428, 2030 – 1588 to 1735 and price forecasted 4052 to 4840 by 2035.
| Year | First target | Second target |
| 2024 | 250 | 485 |
| 2025 | 579 | 644 |
| 2026 | 763 | 910 |
| 2027 | 1052 | 1101 |
| 2028 | 1169 | 1274 |
| 2029 | 1356 | 1428 |
| 2030 | 1588 | 1735 |
| 2035 | 4052 | 4840 |
Ceigall India Financials
| Particulars (₹ mn) | Q1FY25 | Q1FY24 | Q4FY24 | Q-o-Q | Y-o-Y |
| Total revenue | 8224 | 6502 | 9436 | -12.8 | 26.5% |
| Gross Profit | 1811 | 1159 | 2018 | -10.2 | 56.3% |
| EBITDA | 1441 | 873 | 1643 | -12.3% | 65.1% |
| Profit After Tax | 779 | 441 | 1081 | -28% | 76.5% |
| Particulars (₹ mn) | 2021 | 2022 | 2023 | 2024 | CAGR |
| Total revenue | 8732 | 11,338 | 20,682 | 30,294 | 51.3% |
| Gross Profit | 1981 | 2625 | 3937 | 6785 | 50.7% |
| EBITDA | 1597 | 1859 | 2956 | 5177 | 47.9% |
| Profit After Tax | 779 | 441 | 1081 | -28% | 76.5% |
Ceigall India share price target 2024
The NSE and BSE listed Ceigall India Ltd. under CEIGALL as of 8 August 2024. The company’s closing share price as of November 19, 2024, was 317.15. It is not a fixed share price; it fluctuates every second in the open market.
Ceigall India share price target 2024 is 250 as the first target and 485 as the second target
| Month | First target | Second target |
| August | 320 | 335 |
| November | 288 | 356 |
| December | 325 | 485 |
Ceigall India share price target 2025
The company has completed more than 34 projects since its establishment, with a healthy book-to-bill 3.1x ratio in March 2024. CAGR has grown by 34% in the past 4 years (2021 – 2024).
Ceigall India initial forecasted share value for the beginning of 2025 is 579. The semi-annual price forecast may rise to 596 in a positive market sentiment. The price at the end of the year is forecast at 644.
| Month | First target | Second target |
| January | 490 | 511 |
| May | 579 | 585 |
| September | 566 | 596 |
| December | 612 | 644 |
Ceigall India share price target 2026
Ceigall India initial forecasted share value for the beginning of 2026 is 763. The semi-annual price forecast may rise to 852 in a positive market sentiment. The price at the end of the year is forecast at 910.
| Month | First target | Second target |
| January | 620 | 685 |
| May | 763 | 805 |
| September | 852 | 886 |
| December | 895 | 910 |
Ceigall India share price target 2027
Revenue has grown by 45% YoY, and expenses increased by 44%. The company made a profit after tax of Rs. 3043 mn in the financial year 2024 compared to 1673 mn in the financial year 2023. Overall, the financials are good. Looking at these highlights, we assume the Ceigall India share price target 2027 is 1052 at the beginning, 1080 at the middle of the year, and 1101 at the end of the year.
| Month | First target | Second target |
| January | 852 | 925 |
| May | 956 | 1052 |
| September | 1080 | 1093 |
| December | 1064 | 1101 |
Ceigall India share price target 2028
Ceigall India share price target 2028 is 1169 at the start of the financial year. The price was forecast at 1205 in the middle of the year with some price consolidation for some months, and the projected share price is 1274 at the end of the year.
| Month | First target | Second target |
| January | 1150 | 1183 |
| May | 1169 | 1205 |
| September | 1235 | 1246 |
| December | 1225 | 1274 |
Ceigall India share price target 2029
Ceigall India share price target 2029 is expected to reach 1356 to 1428, with some consolidation zones. The initial forecasted share value for the beginning of the year is 1356. The semi-annual price forecast may rise to 1375 in a positive market sentiment. The price at the end of 2029 is forecast at 1410 to 1428.
| Month | First target | Second target |
| January | 1253 | 1289 |
| May | 1325 | 1356 |
| September | 1375 | 1395 |
| December | 1410 | 1428 |
Ceigall India share price target 2030
The initial price target of Ceigall India is 1588 at the beginning of the year 2030. The half-yearly price forecast can rise to 1646 in a positive market situation. The price at the end of the year is forecast to 1735.
| Month | First target | Second target |
| January | 1452 | 1483 |
| May | 1515 | 1588 |
| September | 1605 | 1646 |
| December | 1703 | 1735 |
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Ceigall India 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 Ceigall India share price target 2035 to be 4052 at the beginning of the year, 4522 at the middle of the year, and 4840 at the end of the financial year.
What is Ceigall India?
Ceigall India Ltd. is a roads & highways construction company in India, established in 2002 with its first project in Ludhiana, Punjab, India. The company’s IPO (Initial Public Offering) got listed on 8, August 2024 with a price of ₹413 per share.
What is Ceigall India share price target for 2024?
Ceigall India share price target 2024 is 250 as the first target and 485 as the second target.
What is Ceigall India share price target for 2025?
Ceigall India share price target 2025 is 579 as the first target and 644 as the second target.
conclusion
This article presents Ceigall India share price target 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.