Universal cables Ltd. share price target

Universal Cables Ltd. is an Indian cable and capacitor manufacturing company incorporated in 1962 and headquartered in Gurugram, Haryana, India. The company holds a 2.66KCr market capitalization with a 27.62 PE ratio. It is mainly involved in manufacturing various cables, such as PVC, elastomeric, XLPE, and capacitors.

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

Overview

Name: Universal Cables Ltd. 

Headquarters: Gurugram, Haryana, India.

Founded: 1962

Industry: Manufacturing Industry 

Universal Cables share price target 2024 to 2030 and 2035

Universal Cables Share Price Targets are: 2024 – 680 to 710, 2025 – 896 to 1106, 2026 – 1285 to 1379, 2027 – 1417 to 1642, 2028 – 1876 to 1996, 2029 – 2147 to 2345, 2030 – 2578 to 2711 and price forecasted 5689 to 6087 by 2035.

Universal Cables Financials

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Universal Cables Shareholdings

Universal Cables share price target 2024

The NSE and BSE listed Universal Cables Ltd. under UNIVCABLES. The company’s closing share price as of December 31, 2024, was 814.55. This is not a fixed share price; it fluctuates every second in the open market. 

Universal Cables share price target 2024 is 680 as the first target and 710 as the second target

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Universal Cables share price target 2025

Universal Cables exports its products worldwide to Middle Eastern countries, Africa, Europe, etc., and also Far Eastern countries such as Indonesia, Burma, Malaysia, Thailand, the Philippines, and Singapore.

Universal cables forecasted share value for the beginning of 2025 is 896. The semi-annual price forecast may rise to 933 in a positive market sentiment. The price at the end of the year is forecast at 1106.

Universal cables share price target 2026

Universal cables initial forecasted share value for the beginning of 2026 is 1285. The semi-annual price forecast may rise to 1310 in a positive market sentiment. The price at the end of the year is forecast at 1379.

Universal cables share price target 2027

Revenue has decreased by -7.89% YoY, and expenses decreased by -7.59%. The company submitted standalone profit growth(PAT) of Rs. 54.26 crore in the financial year 2024 compared to Rs. 63.18 crore in the financial year 2023. Overall, the financials are good. Looking at these highlights, we assume the Universal cables share price target for 2027 is 1417 at the beginning, 1525 at the middle of the year, and 1642 at the end of the year.

Universal cables share price target 2028

Universal cables share price target 2028 is 1876 at the start of the financial year. The price was forecast at 1901 in the middle of the year with some price consolidation for some months, and the projected share price is 1996 at the end of the year.

Universal cables share price target 2029

Universal cables share price target 2029 is expected to reach 2147 to 2345, with some consolidation zones. The initial forecasted share value for the beginning of the year is 2147. The semi-annual price forecast may rise to 2193 in a positive market sentiment. The price at the end of 2029 is forecast at 2246 to 2345.

Universal cables share price target 2030

The initial price target of Universal cables is 2578 at the beginning of the year 2030. The half-yearly price forecast can rise to 2663 in a positive market situation. The price at the end of the year is forecast to 2711.

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Universal cables 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 Universal cables share price target 2035 to be 5689 at the beginning of the year, 5805 at the middle of the year, and 6087 at the end of the financial year.

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Factors Fueling Universal cables Continued Growth

• Robust worldwide presence
  • The company has strong business in various countries world wide for cables and capacitors, Universal Cables exports its products in more than 25 countries.
• High Demand for infrastructure development
  • Increasing demand in infrastructure development, like construction, communication, and industrialization, promotes increasing demand for cables; by fulfilling these demands, the company can achieve sustainable profit growth in the coming future. 

Conclusion

This article presents Universal cables 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 Universal cables possibilities will have to monitor the organization’s developing business tactics, technological progress, and market situations in the upcoming years.

This format focuses on Universal cables 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