Lloyds Engineering Works share price target

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

Overview

Lloyds Engineering Works is the largest manufacturer of industry-level equipment. It manufactures heavy machinery for industries such as oil and gas, power plants, turnkey projects, steel plants, etc. The company is headquartered in Mumbai, Maharashtra, India, and was incorporated in 1994 as ‘Climan Properties Private Ltd.’. Later, the name changed to ‘Lloyds Engineering Works Ltd.’ in 2013. The company manufactures and supplies machinery like Kolb machines, Skoda machines, Plano-Miller M/C machines, etc.

Lloyds engineering works share price target 2024 to 2030 and 2035

Lloyds engineering works Share Price Targets are: 2024 – 100 to 120, 2025 – 111.40 to 133, 2026 – 145 to 190, 2027 – 221 to 233, 2028 – 299 to 344, 2029 – 480 to 536, 2030 – 680 to 799 and price forecasted 1250 to 1375 by 2035.

Lloyds engineering works share price target 2024

The NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) listed Lloyds Engineering Works Ltd. under the symbol LLOYDSENNG as of October 2023. The company’s closing share price as of November 14, 2024, was 69.40. This is not a fixed share price; it fluctuates every second in the open market.

Lloyds engineering works share price target 2024 is 100 as the first target and 120 as the second target.

Lloyds engineering works share price target 2025

Lloyd’s engineering work has been mainly on hydrocarbon equipment since 1974. It produces equipment such as pressure vessels, reactors, heat exchangers, fertilizers, chemicals, power, columns, etc. The company’s major clients are ONGC, MRPL Mangalore, Mangalore Fertilizers, NPCIL, Madras Fertilizers, BOC India, IOCL Chennai, Fertilizers Corporation of India, IFFCO, JK Synthetics, RCF Mumbai, IPCL, etc.

The company’s initial forecasted share value for the beginning of the year 2025 is 111.40. The semi-annual price forecast may rise to 120.30 in a positive market sentiment. The price at the end of the year is forecast at 133. 

Lloyds engineering works share price target 2026

As per Q4 results 2024 company has achieved order book worth Rs. 904 crore and also received fresh order from Navy/Defense about 81 crore. It has gradually increased EBITDA over year as 87% and Q4, 2024 EBITDA grew by 110%, PAT grew by 2x in same quarter. Lloyds engineering works’ initial forecasted share value for the beginning of the year 2026 is 145. The semi-annual price forecast may rise to 170 in a positive market sentiment. The price at the end of the year is forecast at 190. 

Lloyds engineering works share price target 2027

As per Q4 results for 2024, expenses have increased year over year by 99% and moderately decreased quarter-on-quarter by -2%, and revenue increased by 98% YoY and slightly decreased by -6% as compared to the last quarter of December 2023. The company made an 8013 lakh profit in fiscal year 2024, compared to 3714 lakh as of March 2023. Quarter-on-quarter net profit after tax decreased by 22%. Overall, the financials are good. Looking at these highlights, we may assume the share price target for Lloyds Engineering Works’ 2027 is 196 at the beginning of the year, 221 in the middle of the year, and 233 at the end of the year.

Lloyds engineering works share price target 2028

Lloyds engineering works share price target for 2028 is 245 at the start of the financial year. The price was forecast at 299 in the middle of the year with some price consolidation for some months, and the projected share price is 344 at the end of the year.

Lloyds engineering works share price target 2029

Lloyds engineering works price in 2029 is expected to reach 480 to 536, with some consolidation zones. The initial forecasted share value for the beginning of the year is 388.50. The semi-annual price forecast may rise to 480 in a positive market sentiment. The price at the end of 2029 is forecast at 511 to 536.

Lloyds engineering works share price target 2030

The initial price target of Lloyds engineering works is 603 at the beginning of the year 2030. The half-yearly price forecast can rise to 680 in a positive market situation. The price at the end of 2030 is forecast to 799.

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Lloyds engineering works 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 Lloyds engineering works share price target of 2035 to be 1250 at the beginning of the year, 1300 at the middle of the year, and 1375 at the end of the financial year.

Conclusion

This article presents Lloyds Engineering Works share price targets 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.