Investors seeking the Jai Mata Glass share price target can find the necessary information here, as we have included a price forecast from 2023 to 2050. We have dedicated ourselves to thorough analysis to provide you with valuable insights. We kindly ask you to share our blog with your friends and family to spread the knowledge. Without delay, let us begin the analysis.
The target price mentioned on this page, calculated on a year-to-year basis, is determined using fundamental and technical analysis, as well as projections of the company’s future growth. While this analysis is supported by strong expert opinions, it is recommended that you conduct your own analysis before making any investment decisions.
Must Check: HFCL Share Price Target
About Jai Mata Glass Ltd.
Jai Mata Glass, a glass manufacturer headquartered in India, specializes in the production of float glass. Established in 1981, the company has emerged as one of the foremost glass manufacturers in India. Jai Mata Glass crafts a diverse array of glass products, comprising clear, tinted, and reflective glass. The main website of the company indicates that Jai Mata Glass Limited proffers four distinct categories of products: The K Series, Patterned Glass, Elegant Frosted Glass, and Wired Glass.
Jai Mata Glass Share Analysis
Data As of 25th August 2023
Current Market Price | Rs. 1.65 |
Market Cap | Rs. 16.5 Crore |
P/E Ratio | – |
52 Week High | Rs. 4.65 |
52 Week Low | Rs. 0.46 |
Book Value | Rs. 0.29 |
Dividend Yield | 0.00% |
ROCE | 0.35% |
ROE | 0.36% |
Promoters Holding | 44.53% |
Public Holding | 55.46% |
Although the company has little to no debt, it has not been able to turn a profit. In the March 2023 quarter, the company reported sales of Rs. 32 Lakhs and a net profit of nearly Rs. 1 Lakh, which is significantly low. This trend has persisted for several years, indicating that the company’s business model may not be very appealing, and investors may not receive the expected returns on this stock.
Here are some positive and negative aspects of the company:
Positives:
- It has almost no debt.
- The company has an efficient Cash Conversion Cycle, taking 0 days.
- The company has experienced a strong revenue growth of 38.83% in the past three years.
Negatives:
- The company has had a poor profit growth of -173.62% in the past three years.
- It has negative cash flow from operations of -1.03.
- Its ROE has been low at 5.87% over the past three years.
- The company has had a low EBITDA margin of 0% over the past five years.
- The company has contingent liabilities of 1.32 Cr.
- The company is trading at a high EV/EBITDA of 436.88.
Also Read: IndusInd Bank Share Target Analysis
Jai Mata Glass Share Price Target 2023 to 2050
The share price of Jai Mata Glass Limited is currently at Rs. 1.52, making it a penny stock with a low market capitalization of Rs. 15.2 Crores. One issue with penny stocks such as this is that they can be easily manipulated by so-called operators who aim to deceive retail investors and make significant profits for themselves. This appears to be the case with Jai Mata Glass stock.
Despite there being no fundamental changes in the business, the stock provided a massive return of 400% within a mere three months. This kind of surge without any underlying strength indicates that the share was artificially inflated and that retail investors fell into a trap once again when the bubble burst.
While we advise against investing in these types of stocks, it is our responsibility to inform you of the projected price target for Jai Mata Glass shares in the coming years. Therefore, please refer to the information provided below on this page.
Year | Jai Mata Glass Stock Price Target |
2023 | Rs. 1.96 |
2024 | Rs. 2.20 |
2025 | Rs. 2.46 |
2026 | Rs. 2.75 |
2027 | Rs. 3.08 |
2028 | Rs. 3.45 |
2029 | Rs. 3.87 |
2030 | Rs. 4.33 |
2031 | Rs. 4.85 |
2032 | Rs. 5.44 |
2033 | Rs. 6.09 |
2034 | Rs. 6.82 |
2035 | Rs. 7.64 |
2036 | Rs. 8.55 |
2037 | Rs. 9.58 |
2038 | Rs. 10.73 |
2039 | Rs. 12.02 |
2040 | Rs. 13.46 |
2041 | Rs. 15.07 |
2042 | Rs. 16.88 |
2043 | Rs. 18.91 |
2044 | Rs. 21.18 |
2045 | Rs. 23.72 |
2046 | Rs. 26.56 |
2047 | Rs. 29.75 |
2048 | Rs. 33.32 |
2049 | Rs. 37.32 |
2050 | Rs. 41.80 |
We would like to offer a single piece of advice to our dear readers: it is unwise to rely on the analysis of others when investing one’s hard-earned money. Rather, conducting one’s own thorough research and analysis prior to any investment is strongly recommended. This approach can help one steer clear of significant losses in the volatile stock market. It should also be noted that the target price provided herein does not serve as a trading recommendation.
Factors Affecting Jai Mata Glass Share Price
There are various factors that can influence the share price of Jai Mata Glass. This section will explore some of these factors in detail.
Industry Trends
The glass industry is constantly evolving, and companies that do not keep up with the latest trends may risk losing their market share. In the future, the demand for glass is expected to increase due to the growth in construction activities.
Company Performance
The performance of Jai Mata Glass is another critical factor that can impact its share price. Unfortunately, Jai Mata Glass has not been able to improve its topline, which is a point of concern for its shareholders. Additionally, its balance sheet is not looking particularly strong.
Economic Conditions
The state of the economy can also have a significant impact on the share price of Jai Mata Glass. For instance, if there is an economic downturn, consumer demand for glass products may decrease, which could lead to a decline in the company’s revenue and profit. Conversely, if the economy is growing, Jai Mata Glass may experience an increase in demand for its products, resulting in higher revenue and profit.
Trending Now: Rajnandini Metal Stock Price Target
FAQs Related to Jai Mata Glass Share Target Price
What is Jai Mata Glass, and what does it do?
Jai Mata Glass is an Indian-based glass manufacturer that specializes in the production of float glass.
Is Jai Mata Glass a Good Buy?
Based on our analysis, we do not consider it a good buy. However, we suggest that everyone conduct their own research before investing in equities.
Conclusion
In conclusion, we want to emphasize that blindly chasing a stock is not a good practice. Many individuals have been trapped in previous pump rallies that have ended in a dump. Therefore, it is always important to focus on the fundamentals of the company before making any investment decisions.
Leave a Reply