SEL Manufacturing Co. Ltd was established in 1969 by Chairman Shri R.S. as a small apparel manufacturing unit and is headquartered in Ludhiana, India. This company deals in the manufacturing and processing of textile products in India and internationally. Its product portfolio also includes woven fabrics, terry towels, woven and processed fabrics, and a variety of yarns and ready-made fabrics.
SEL started operating in the field of spinning in the year 2005 and then entered the field of terry towels in November 2008. Thereafter the company achieved rapid growth in a very short period and its present capacities include approximately 8,59,152 spindles, 13,440 rotors, and approximately 43,050 tonnes per annum in weaving.
Setting up India’s largest spinning unit of 4,00,000 spindles at a single location at Mehtwara in the Sehore district of Madhya Pradesh and commissioning it in record time is one of the significant achievements of this group of companies.
SEL Manufacturing Share Price Target 2023, 2025, 2028,2030,2040
We here at financesharetargets. in are going to give you approximate information about the stock forecast, price forecast, and target for 2023, 2025, 2028, 2030, and 2040.
Please keep one thing in mind this forecast, prediction, or any target is only an estimate given by our analysis. suggestion. 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.
SEL Manufacturing Share Price Target 2023
SEL Manufacturing Ltd. If we look at its share price on NSE, the company has given a return of about 1.28% in the last month from September, while if we look at the returns of the last 5 years of the company, the company has given a return of about 10,247.83%, which is very good.
Thus, the company has given good returns to its shareholders for many consecutive years, although fluctuations have been seen in the share price of the company for some time, and after seeing a decline, its share price has once again seen an increase.
Considering this, it can be estimated that the first target for SEL Manufacturing Share Price Target 2023 can be achieved at ₹ 150 and the second target can be achieved at ₹ 200.
SEL Manufacturing Share Price Target 2025
SEL Manufacturing Company is a leading integrated textile group and is engaged in operations across different textile sub-segments, ranging from spinning, weaving, yarn, and fabric processing to value-added products such as terry towels and ready-made garments. Are included.
And it is continuously moving ahead by performing well with its excellent work. If we look at the revenue of the company, according to the data of June 2023, the company’s revenue has seen an increase of about 95.26%, and the Net profit margin has seen an increase of about 37.64%.
These are very good figures, and along with this, the company seems to be continuously moving towards its development. If we talk about the market cap of the company, then its market cap is approx.
395cr INR and the company is a small-cap company, and it is always observed that a small-cap company gives a better return and the same company is continuously working to expand its market cap.
And the way the company seems to be working to increase its profits, it can be estimated that with its further development shortly, the first target will be ₹320 by 2025 and the second target will be ₹320. Can be had at ₹410.
SEL Manufacturing Share Price Target 2028
SEL Manufacturing is one of the largest basic apparel producers in India and has customers spread across markets such as the US, Russia, and the Middle East. Its Garments Division has an annual manufacturing capacity of over 15 million garments.
It is a rapidly growing company and is the third-largest producer of terry towels in India. In this way, the company is a well-known company in India that delivers its goods from India to other countries, for this the company has a large distribution network through which the company completes this work very easily.
It is also working forward in the field of digitalization and is also connecting with its customers through digital services. In this way, the company is moving ahead by updating itself according to the changing times, which is also benefiting the company.
It is visible because, through digitalization, a good number of customers are associated with the company, which also benefits the company. In the same way, the company is moving forward with its expansion, due to which the company is expected to grow further shortly.
Given this, according to our analysis, the first target for SEL Manufacturing Share Price Target 2028 can be at ₹ 680 and the second target can be at ₹ 750.
SEL Manufacturing Share Price Target 2030
SEL Manufacturing is India’s largest spinning unit under one roof. And it has a large product portfolio. Its products and services include Terry Towel, Ready-Made Garments, Yarn, Fabrics, Cotton Comb Yarn, Slub Yarn, Organic Cotton Yarn, Cotton Blends, Elitetwist Yarn, Compact Yarn, Viscose Blended Yarn, Modal Blends,
Cotton Bamboo Blends, Zero Twist Yarn, Melange Yarn, Fabrics like T-shirts, Tops, Innerwear, Night Suits, Boxers, and Sweaters, and its specialty is that its products are tailored as per the needs of the customer segment which includes Polos for Men and Boys,
Covering a range of knitted garments like crew neck, henley, raglan, hoodie, v-neck, fleece jacket, tracksuit and boxer, tee, camisoles, embellished tops, cap sleeve tops, strap tank tops for women and girls. , including a series of products such as vests and skirts.
It also caters to the needs of infants, toddlers, and children. Thus, the company has a large productive portfolio and the company is continuously moving forward keeping its goal in mind with the development of this portfolio, so that the company can get more profits in the future. And the way the company is working for its expansion,
it is expected that in the coming time, it can develop further, which can bring more profits to the company and which can also increase the share price of the company shortly. In SEL Manufacturing Share Price Target by 2030, the first target can be at ₹ 980 and the second target can be at ₹ 1090.
SEL Manufacturing Share Price Target 2040
If you are also a long-term investor and wish to invest in this stock, then our advice is that if you invest in it with a small amount, it can be beneficial for you because, in the recent past, A lot of fluctuations have been seen in the stock. It can be considered a penny stock, and just as the return opportunities in a penny stock are greater, the riskier it is.
Therefore, our advice is that before making any kind of investment, consult your financial advisor and get detailed information about the company. However, it can be estimated that in the coming time, the company can do more work for its expansion,
due to which better returns can be expected along with the increase in the share price of the company in the coming time, given our analysis. According to SEL Manufacturing Share Price Target 2040, the first target can be at ₹ 1500 and the second target at ₹ 1600.