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HomeSHARE MARKETShare Price Only ₹70; Share Price Touched ₹6 To ₹70 In A...

Share Price Only ₹70; Share Price Touched ₹6 To ₹70 In A Year; Next Target

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Kisan Mouldings Ltd Penny Stock: Today, in this post we’ll discuss Kisan Mouldings share latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

The share price of the pipe production company Kisan Moldings is continuously rising. Shares of the company have brought high returns to investors over a year.

The share went from Rs 6 to 70 over a year. That means that this penny stock has yielded the prospect of a profit of over 1011 percent in a single year.

The cost that this share was 6.38 on March 20, 2023, and is currently trading at the price of 70.90. On the last trading day, this stock surpassed an upper range of 2 percent and it is at a 52-week record high of 70.90.

The Year Is Consistently Bringing Incredible Returns

The stock has provided a range of gains over the past four years, beginning in March 2020. The stock has risen more than 449 percent year to date (YTD) in the current year.

The stock has delivered positive returns throughout the four months of this year. After an increase of 45.4 percent increase in March followed by a 170 percent increase in February and a 19.6 percent increase in January 2024.

The stock increased by around 15 percent in April. Before January 2024, the stock had posted negative returns for 3 consecutive months between October and December 2023. The stock had dropped 18.5 percent during that time.

Business Of The Company

Kisan Moldings Limited manufactures and sells fittings and pipes for irrigation, water management water distribution cables tubing wells for drinking and sewer drainage systems across India.

It provides a variety of pipes, such as chlorinated polyvinyl chloride pipes unplasticized free-flow polyvinyl chloride (UPVC) plumbing pipes, and composite piping systems for rainwater, soil, fittings, and pipes.

The company was established in 1982 and is headquartered in Mumbai, India. They would like to be aware that in the last month (March 2024), Apollo Pipes Limited which is part of APL Apollo Group, acquired a 53.57 percent share in Kisan Moldings Limited (KML) for a sum of Rs 118.40 crore to increase their position within the PVC pipes and fittings market.

About Kisan Mouldings Company

Kisan Mouldings Limited is a plastics manufacturer based in India. It was established in 1982. The Company is a manufacturer of fittings and polyvinyl chloride (PVC) pipes and related products.

It makes plastic piping along with irrigation and other products. The fittings and pipes are utilized for tube wells as well as water management, distribution of water and distribution, drinking water and the irrigation industry, cable ducting, and sewer drainage systems.

The custom-molded items and furniture items molded by the company comprise KML’s traditional CPVC plumbing systems and composite piping systems, fluid flowing UPVC plumbing solutions (ASTM), SWR drainage systems, Kisan bearish rainwater systems and rubber lubricants, irrigation systems, fittings, furniture, pipes, and solvent cement, as well as games.

The company offers a variety of pipes, like pipeline pipes that drain underground, pipes to conductors PLB pipe ducts, as well as the latest generation of KML classical submersible pipes. It offers molded fittings, conduit fittings, and fittings.

Fundamental Analysis of Kisan Mouldings

Market Cap₹ 240 Cr.
Current Price₹ 70.90
52-wk High₹ 70.90
52-wk Low₹ 7.33
Stock P/E
Book Value₹ -23.2
Dividend0.00 %
ROCE-13.5 %
ROE
Face Value-13.5 %
P/B Value
OPM-4.21 %
EPS₹ -12.2
Debt₹ 201 Cr.
Debt to Equity

Kisan Mouldings Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹41₹54
2025₹55₹62
2026₹65₹71
2027₹80₹92
2028₹94₹100
2029₹102₹108
2030₹110₹114
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Kisan Mouldings Shareholding Pattern

Promoters Holding
Mar 202343.73%
June 202343.73%
Sept 202343.73%
Dec 202343.73%
Mar 202465.97%
FII Holding
Mar 20230.48%
June 20230.48%
Sept 20230.48%
Dec 20230.48%
Mar 20240.14%
Public Holding
Mar 202355.79%
June 202355.79%
Sept 202355.78%
Dec 202355.79%
Mar 202433.88%
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Kisan Mouldings Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 490 Cr
2020₹ 248 Cr
2021₹ 210 Cr
2022₹ 307 Cr
2023₹ 291 Cr

Last 5 Years’ Net Profit:

2019₹ -10 Cr
2020₹ -42 Cr
2021₹ -47 Cr
2022₹ -85 Cr
2023₹ -41 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20191.12
20201.33
20212.49
2022-19.44
2023-3.07
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Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:-4%
Current Year:45%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:
Last Year:

Sales Growth Over 10 Years:

10 Years:-6%
5 Years:-10%
3 Years:3%
Current Year:0%

Conclusion

This article is a complete guide about Kisan Mouldings Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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