TEGA INDUSTRIES is an Indian corporation founded in 1976 by Madan Mohanka. It is headquartered in Kolkata, West Bengal (India). The company is a leading manufacturer and supplier of customized products for the Mining, Mineral Processing and Materials Management Industries. It has since expanded to have a global presence with operations in over 70 countries around the world.
The main products of TEGA INDUSTRIES include, Screens, Chutes and Mineral Processing, Mill Liners, Conveyor Components, Wear Products
Screen and Trommels,
Hydrocyclones. These linings help extend the life span of equipment and reduce downtime, thereby increasing productivity and efficiency for mining companies.
The company also offers many other products and services, including screening media, conveyor components, grinding media. Tega Industries’ products are used by some of the world’s leading mining companies, including Rio Tinto, BHP and Anglo American.
One of the key factors that differentiates Tega Industries from its competitors is its strong focus on research and development. The company has an R&D Center in Kolkata, staffed by a team of highly experienced engineers and scientists. The team is constantly working to develop innovative products keeping in mind the growing needs of the mining industry.
Tega Industries is dedicated to sustainability and environmental responsibility. The company uses environmentally friendly materials and processes wherever possible, and continuously strives to reduce its carbon footprint. The company is particularly environmentally conscious, with Tega Industries being ISO 9001 certified, and all its The products meet international quality standards.
Apart from its manufacturing operations, Tega Industries continuously implements a variety of initiatives providing support to its community and society. These initiatives include providing education and healthcare to underprivileged communities as well as supporting local sports teams and cultural Including supporting programs.
Overall, Tega Industries is one of the respected and innovative companies in the mining, mineral processing and materials handling industries. Its commitment to research and development, as well as environmental awareness and social responsibility, has helped it establish a strong reputation among its customers.
Business Model Of Tega Industries Ltd.
Tega Industries’ business model is based on providing high quality, innovative solutions to the mining, mineral processing and materials handling industries. Let us know some of the main points of the company’s business model:-
Product Development
: Tega Industries invests significantly in research and development to develop new and innovative products that meet the evolving needs of its customers. The company’s R&D team consists of capable and experienced engineers and scientists who work closely with customers to understand their specific requirements.
Manufacturing: Tega Industries operates state-of-the-art manufacturing facilities that use the latest technology and equipment to produce its products. The company also pays special attention to quality control and for this it completely follows international quality standards.
Distribution: Tega Industries has a global distribution network to deliver its services to the right customers at the right time, ensuring that the services reach the customers on time, no matter where their customers are. works closely with them while training them
Marketing: Tega Industries markets its products through multiple channels including trade shows, conferences and online platforms. The company connects with as many people as possible to deliver the benefits of its products by providing them with content as per their needs.
customer help: Tega Industries is committed to providing its customers with solutions to any type of problem related to the company. Along with this, the company also ensures that the customer is satisfied with its service or not. For this, the company has a team of experts. There is a team which is capable of providing every type of company related facilities to the customers.
Stability: Tega Industries is also committed to sustainability and environmental responsibility. The company strives to use its materials and processes without harming the environment and is constantly striving to reduce its carbon footprint.
Social responsibility: Tega industries is committed to providing every kind of help to the local community and society. For this, the company strives to provide education, health and other basic facilities to the people of the community. In this way the company fulfills its social responsibilities. does not lag behind in fulfilling
Overall, the business model of Tega Industries strives to provide services to its customers as per their needs while keeping in mind social and environmental responsibilities. The company also pays attention to all kinds of initiatives from research and development to social responsibility. Reasons that have helped it establish a strong reputation in the mining, mineral processing and material handling industries.
Basics Of Tega Industries Ltd.
BASICS OF COMPANY :-
Tega Industries is a global manufacturer and supplier of related services for the Mining, Mineral Processing and Materials Management industries.
Company Name- TEGA INDUSTRIES LTD.
Year of Establishment- 1976
Headquarters- Kolkata, West Bengal (India) The
company’s product portfolio includes a variety of services such as Mining, Mineral Processing and Materials Management. Additionally, Tega Industries offers a range of other products and services including screening media, conveyor components, grinding media and hydrocyclones. The series also presents. The company has a global network spanning over 70 countries where it partners with over 700 customers.
In 1979, Tega started working together with Skega AB, Sweden as the company wanted to provide solutions to the problems faced in Materials Management and Mineral Processing. Later in 2001, Tega acquired Skega, AB.
The DynaMax® range of mill linings from Tega Industries is a core product line, having lined over 500 grinding mills globally in various applications. Through Mill Liners, the Company maintains key business relationships with customers in 68 countries. It is these customers who utilize the Dynamax® range of Mill Linings. Similarly, the Company’s various products connect the Company with various customers.
Tega Industries delivers its products and services to its customers through its good and strong distribution network. The company takes full care of environmental protection from its production to distribution and also fulfills its social responsibilities.
Overall, Tega Industries is a respected and leading company in the Mining, Mineral Processing and Materials Management industries. Its commitment to research and development, sustainability and social responsibility has helped it establish a strong reputation among its customers.
Fundamental analysis of Tega Industries Ltd.
Fundamental analysis is used to determine the intrinsic value of any company and to know the financial and economic principles. Let’s take a look at the fundamental analysis of Tega Industries here:-
Financial Health: Tega Industries has been performing well financially in recent years. The company has registered stable revenue growth with good growth in consolidated revenue in the financial year 2020-21. Talking about the market cap of the company, it is a small cap company whose market cap is around Rs 4600 crore. Return on Equity of Tega Industries (ROE) is around 17.81%, which is higher than the industry average and kind of indicates that the company is effectively using its equity to generate profits for shareholders.
Growth potential: Tega Industries is present in the mining, mineral processing and materials handling industries with significant growth potential. The company has a strong reputation for innovation and quality control, and with a continued focus on R&D the company is rapidly moving towards its goal of maintaining the mining industry by producing high quality wear-resistant lining. There is significant demand, and Tega Industries is well positioned to meet that demand.
Along with its strong product portfolio, Tega Industries has also established a global distribution network through which the company connects with its global customers. The company makes all out efforts to provide seamless service to its customers. The medium has helped the company establish a strong presence in key mining markets around the world, including Australia, South Africa and Chile.
Talking about the growth of the company in the last 5 years, the company has grown at a CAGR of about 218% in the last 5 years.
Risk: Like any company, there are some risks associated with investing in Tega Industries. One of the key risks is its dependence on the mining industry, which continues to be affected by fluctuations in commodity prices and demand. Economic downturn or geopolitical events can impact demand for mining equipment and services in small ways, which The revenue and profitability of Tega Industries may suffer slightly.
Similarly, increasing competition in the market may affect the company.
Conclusion: Overall, Tega Industries is a fundamentally strong company, with strong positions in the mining, mineral processing and materials handling industries. The financial position of the company is strong with good revenue growth, consistent profitability and a good and healthy balance sheet. Tega Industries’ focus on innovation, quality control, global distribution and sustainability can be expected to help it maintain its strong reputation and competitive advantage.
Share Holders Of Tega Industries Ltd.
Mar-2023 | Dec-2022 | Sep-2022 | Jun-2022 | |
---|---|---|---|---|
Promoter | – | – | – | – |
Foreign | 0.00% | 0.00% | 0.00% | 0.005 |
Indian | 79.10% | 79.17% | 79.17% | 79.17% |
Total Promoter | 79.10% | 79.17% | 79.17% | 79.17% |
Non-Promoter | – | – | – | – |
Institutions | 14.46% | 14.12% | 13.40% | 11.96% |
Non-Institutions | 6.44% | 6.71% | 7.43% | 8.87% |
Total Non-Promoter | 20.90% | 20.83% | 20.83% | 20.83% |
Custodian | 0.00% | 0.00% | 0.00% | 0.00% |
Total | 100.00% | 100.00% | 100.00% | 100.00% |
Source – Tickertape
Services Given By Tega Industries Ltd.
Tata Power is one of India’s leading power generation companies, providing services related to the power sector. The company provides services in various areas of Power Generation, Transmission, Distribution and Energy Management. Some of the services provided by Tata Power are:
Renewable energy solutions: Tata Power remains committed to promoting clean and green energy solutions. The company invests heavily in renewable energy sources such as solar and wind power. Tata Power provides end-to-end renewable energy services including project development, engineering, procurement, construction and operation and maintenance services.
Electric Vehicle Charging Infrastructure: Tata Power is one of the main players in the electric vehicle (EV) charging infrastructure market in India. The company has established a large network of EV charging stations across the country, providing convenient charging stations to customers driving EVs.
Energy efficiency services: Tata Power provides energy efficiency services to residential, commercial and industrial customers. The company provides services such as energy management systems and energy-efficient lighting to help customers reduce their energy consumption and lower their electricity bills.
Rooftop Solar Solutions: Tata Power provides rooftop solar solutions to residential, commercial and industrial customers .
Smart Metering Solutions: Tata Power has launched smart metering solutions for its customers, which is capable of real-time monitoring of energy consumption and gives a guideline to the customers to consume the right amount of their energy usage. has installed over 1 million smart meters across India and aims to install around 10 million smart meters by 2025.
power trading: Tata Power is actively involved in the process of buying and selling power on the Indian Energy Exchange (IEX) and other power exchanges.
Power System Consultancy: Tata Power provides power system related consultancy to various stakeholders in the power sector including utilities, industries and governments. The company provides all types of information related to power system planning, design, operation and maintenance.
Customer service: Tata Power is committed to providing the best and the best customer service to its customers. The company has set up customer service centers and helplines to address customer queries and complaints. The company also provides online services like bill payments and customer support.
Lastly, Tata Power provides a variety of services in the power sector, ranging from renewable energy solutions to electric vehicle charging infrastructure and energy efficiency services. The company aims to become a leading company in India through all these services in the power sector.
Tega Industries Ltd. Share Price History
Tega Industries Ltd. Similar Stocks
Tega Industries Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030,2040
We here at financesharetargets. in is going to give you approximate information about stock forecast, price forecast and target for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030 and 2040. Please keep one thing in mind that this is not a forecast, prediction or any The target is only a suggestion given by our analysis. It is almost impossible for any forecast/prediction to be correct. Errors are always present in any analysis, but we try our best to give you good price stock forecasts/predictions.
Tega Industries Share Price Target 2023
If we look at the share price of Tega Industries on NSE, the company has given a return of about 23.59% to its investors in the last 6 months from April 2023, the return on equity has also been 17.81% and the way the company is continuously moving towards its development. It is increasing, in the coming time, more good returns can be expected with the increase in the share price of the company, considering that according to our analysis, the first target for Tega Industries Share Price Target 2023 should be at ₹ 690 and the second target should be at ₹ 750. Can
Tega Industries share price target 2024
Talking about the market cap of Tega Industries, its market cap is around Rs 4,600 crore, thus it is a small cap company and it has always been seen that small cap companies often give good returns. It is performing well and in the coming time, better returns can be expected with the increase in share price of the company and the first target for Tega Industries share price target 2024 can be achieved at ₹ 760 and the second target can be achieved at ₹ 850.
Tega Industries share price target 2025
The company has been continuously performing a good revenue for the last few years. The company has seen a growth of about 218% CAGR in the last 5 years. The company has also performed well in the financial year 2022. The company is continuously working on its new strategies. And it is moving forward through products and is continuously trying its best in every possible way for its development, due to which the company can be expected to develop further in the coming time. Due to this, there are possibilities of further growth of the company. In the future, the first share price target for Tega Industries share price target 2025 can be at ₹860 and the second target can be at ₹950.
Tega Industries share price target 2026
Tega Industries serves as a global leader in the design and manufacturing of supporting products critical to operations in the mining, mineral processing and materials handling industries and continues to grow its portfolio. The company is ready to make every possible effort for its development. The same company has moved rapidly towards its development in the last few years which shows the potential of the company and the company is continuously moving towards its development through its team. Due to which the company can be expected to grow further in the coming time, along with which the share price of the company will increase and we are expecting better returns. According to our analysis, the first target for Tega Industries share price target 2026 is ₹ 960. And the second target can be at ₹ 1050.
Tega industries share price target 2027
The company has a wide portfolio of products and services, along with this the company has been continuously entering new areas. Recently, news has come that the company is entering the Equipment Manufacturing Business. Through this business, the company is expanding its It can make the business stronger and it can also provide an important direction in the growth of the company and it can help in taking the company towards development faster so that the company can develop further in the coming time. According to our analysis, the first target for Tega industries share price target 2027 can be at ₹ 1060 and the second target at ₹ 1150.
Tega industries share price target 2028
The company has a large distribution network globally. The company reaches its services in more than 70 countries. The company has a list of more than 700 customers. This shows the good position of the company because the way the company has good customer capability. And it has a strong position at the global level, this shows the continuous growth of the company and the way the company is growing, there is a greater possibility of the company’s share price increasing in the coming time, given that, according to our analysis, Tega industries share price target The first target for 2028 can be at ₹ 1160 and the second target at ₹ 1250.
Tega industries share price target 2029
The company has manufacturing facilities equipped with state-of-the-art technologies which help in manufacturing the company’s products with the help of latest technology and equipment. Amidst all this, the company pays special attention to its high quality, this is what makes the company different from other companies. Which creates credibility towards it among the customers due to which the company has good customer service available with the help of which the company is continuously progressing and this can also be considered as the reason for the good growth of the company. Expecting the same type of company. For Tega industries share price target 2029, the first target can be achieved at ₹ 1260 and the second target can be achieved at ₹ 1350.
Tega industries share price target 2030
Along with all the facilities, the company also provides special customer support facility. Through this, the company checks whether the customer is satisfied with the service of the company or not. For this, the company has hired a team of experienced and experts who After reviewing the customers, it gives suggestions to the company, with the help of which the company tries its best to provide services to the customers as per their requirement, that is why the company is developing well and in the coming time, the company can develop further so that in the coming time, In view of the increase in the share price of the company, better returns can be expected, according to our analysis, the first target for Tega industries share price target 2030 can be achieved at ₹ 1360 and the second target can be achieved at ₹ 1450.
Tega industries share price target 2040
The way the company is providing its services to the customers domestically and globally through its large network and its high quality products and services and is expanding its network further by focusing on customer needs and innovation as per the times. Tega Industries For share price target 2040, the first target can be achieved at ₹ 2100 and the second target can be achieved at ₹ 2200.