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HomePRICE TARGETLT Foods (Daawat) Share Price Target 2023, 2024, 2025, 2026, 2030

LT Foods (Daawat) Share Price Target 2023, 2024, 2025, 2026, 2030

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LT Foods (Daawat) Share Price Target: Hello, and welcome to this article. Today, we’ll review LT Foods (Daawat)’s operations, how it earns profits, potential growth areas and all sorts of information regarding this business to gain a better understanding of the trend in price targets of LT Foods (Daawat) shares.

Companies which have made investors rich in the stock market during the last few years. LT Foods is also one of them. In the last 10 years, the share prices of this company have seen an increase of 2000 percent.

At the same time, in the last 3 years, positional investors of the company have got a profit of 495 percent.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss LT Foods (Daawat) Share Price Target 2023, 2024, 2025, 2026, 2030.

In addition, after analysing the company’s stock, we will share the results with you, so that you will have an ideas about this stock.

Before dive into LT Foods (Daawat) stock price targets let’s look at the LT Foods (Daawat) company background, the technical basics, fundamental analysis, shareholders, future potential etc.

It will help you in making a final decision about your next investment. However, first, let’s examine company history and its complete business structure.

What does the LT Foods (Daawat) do?

LT Foods is an FMCG sector company. The company is one of the world’s leading companies in selling rice. At present the company is selling its rice in India under the name ‘Daawat’.

At the same time, rice is being sold under the name ‘Royal’ in North America.

Let us tell you, according to the latest share holdings of LT Foods, the promoters’ stake in the company is 51 percent. And the remaining 49 percent stake is owned by the public.

Of the public share holdings, mutual funds hold 2.84 percent, foreign investors hold 5.93 percent and retail investors hold 16.13 percent.

fundamental analysis of LT Foods (Daawat)

  • Market Cap ₹ 5,891 Cr.
  • Current Price ₹ 170
  • High / Low ₹ 194 / 90.0
  • Stock P/E 13.1
  • Book Value ₹ 79.4
  • Dividend Yield 0.59 %
  • ROCE 17.1 %
  • ROE 16.8 %
  • Face Value ₹ 1.00
  • Price to book value 2.13
  • Price to Earning 13.1
  • OPM 10.5 %
  • EPS ₹ 13.4
  • Debt ₹ 1,221 Cr.
  • Debt to equity 0.44
  • Return on equity 16.8 %
  • Return on assets 8.66 %

LT Foods Company Details

The main business of the company is the sale of canned food items. Science company sells its products as food items. The company was founded in the year 1990. The founder of the company was Surendra Arora. 

LT Foods worked on the medium-sized scale between 1950 and 1977. It was referred to by the name of Lalchand Tirathram Rice Mills incorporated by Raghunath Arora. It was his goal to make Homegrown Basmati Rice famous in India.

Over time, LT Foods has grown by establishing the brand we recognize by the name of DAAWAT Basmati Rice.

The Mr. Vijay Kumar Arora launched LT Foods globally by keeping the same quality and advancing to keep up with the changing times. 

LT Foods has covered 50 percent of the market for rice within the US. 

LT Foods has its headquarters at Gurugram Haryana. The company offers a variety of varieties of rice, including Brown Rice, White Rice Rice that is steamed Rice as well as Parboiled Rice Organic Rice and quick cooking Rice and Value Added Rice and flavor-infused Rice.

LT Foods has different brands like Daawat, Royal, Devaaya, Kari Kari Etc includes Daawat and Royal very well-known brands. It is one of the key brands for LT Foods. 

They have the highest revenues. Royal and Daawat have a 25% market share in India and 50% market share within North America. Both brands have captured Have done

LT Foods’ revenue comes the most from USA and then INDIA and  The company was acquired in March of 2022. LT Foods acquired 51 percent of the stakes in the Golden Star Company.

Golden Star’s most popular brand is Jasmine Rice. It’s 3 times better than Basmati brand.

LT Foods Brands

  • Daawat
  • Royal
  • Daawat Brown Rice
  • EcoLife
  • Devaayia
  • Kari Kari (Japanese Premium Snacks)

LT Foods Share Price Target

Today, we’ll discuss LT Foods Daawat share price target. The stock price target will be viewed and also providing details on the kinds of returns this stock could achieve in the next few years.

We examine this stock for you to have an idea.  If you’d like to learn about all the details regarding this stock, keep going through this article till the end. We’ll discuss all sorts of details with you.

LT Foods (Daawat) Share Price Target 2023

LT Foods mainly does all the manufacturing, from marketing of both branded and non-branded Basmati rice. Moreover, if you consider it in all the product categories the company is an industry leader. 

When we look at the company, we will observe the product portfolio of numerous strong brands such as Daawat, Royal, Heritage, Devaaya, Gold Seal Indus Valley that are well-known across different markets throughout the world.

According to the needs and requirements of its clients, the company is constantly introducing new product ranges as well as existing products in different styles every day and there is a demand LT Foods products is always present in the market.

It is expected to continue to grow. in the near future the company will begin to see a tremendous expansion in new product categories as well.

The brand new product categories of the company will see expanding because LT Foods (Daawat) Share Price Target promises high returns in 2023. 

The company is confident of providing you with the first goal of 200 rupees. Following this target there will be another second target of 215 rupees.

LT Foods (Daawat) Share Price Target 2024

along with India, LT Foods has had success in expanding its business and has become a well-known brand in markets of nearly 65+ countries around the world. 

If you look at it now the company earns the highest revenue out of both the USA in addition to the India markets.

In this case, the company earns around 36 percent of its revenue in the USA market, and around 32 percent of its revenue from India.

In the next several years the firm is believed to be looking at a new approach to quickly expand its operations to new countries and boost the amount of revenue it earns.

The company will market its products in accordance with different geographic regions. Because of this, LT Foods is gradually expanding its operations in various markets all over the world.

In the next few months as the company expands the market for the company across the world, if you examine LT Foods (Daawat) Share Price Target until 2024, you will see the first target showing positive growth, reaching a price of Rs 240. 

Then, you can opt at the second target of Rs 260.

LT Foods (Daawat) Share Price Target 2025

When we examine the distribution network for LT Foods across the country the distribution network is found to be extremely strong including small local shops and shopping malls, and the presence of its products is evident in every one of these locations. 

If we examine LT Foods, the company’s products are sold in more than 15000 retail outlets throughout the nation and with the aid of which it appears to have succeeded in maintaining the large market share across different product categories.

Since a while, LT Foods is gradually expanding its operations with the aid of an e-commerce platform. 

In the future when the company will expand its offerings to new markets through the aid of various distribution channels there is every chance of seeing a massive increase in sales for the business.

As the distribution system of the company gets more strong, LT Foods (Daawat) Share Price Target will offer high returns in 2025. you can view the initial target of Rs.280. You can then stop to make the next target profit of Rs 300.

LT Foods (Daawat) Share Price Target 2026

The increasing demand in LT Foods’ products is increasing in all markets every year, and the management of the company is increasing its capacity for production even after expanding the size of its production. 

At present, the company operates factories of the highest quality across India, Europe and America and with the aid of which it can meet the demands for its products across the globe.

In the coming days, when the demand for the products offered by the company is anticipated to rise in the market the company’s management has stated that there will be a demand to increase production capacity to meet the needs of the market.

The company will establish production facilities that are new in this area. The result will be apparent, as a result of the fact that the company is recognized as meeting market demands easily.

As the company works to satisfy the ever-growing demand from this market there’s a great possibility that LT Foods (Daawat) Share Price Target earning very good returns in 2026 and achieving the first target that is Rs. 350. 

When the target is profitable there will surely be another target of Rs 370.

LT Foods (Daawat) Share Price Target 2030

In the longer term, LT Foods seems to be focusing on organic growth and organic growth to rapidly expand its operations.

 To grow its operations rapidly into new markets, businesses try their best to gain a foothold in the market by purchasing small businesses in their field because it is seen that every year new markets are being established. 

In India, the market popularity that of LT Foods is seen growing quickly in India.

In the past few years the company has acquired by a number of small businesses that are related to its field and, in the upcoming years, management will be fully committed to purchasing other companies that are related to its industry to increase its operations into new markets. 

The strategy is evident and you could see a massive increase in the rate of growth for the company over the next years.

With regard to the company’s growth potential over the long term it is possible for LT Foods (Daawat) Share Price Target making great returns for shareholders, and the price of shares increasing to about 700 rupees in 2030.

What is the future of LT Foods(Daawat) share?

To grow its business in the near future, LT Foods is seen working hard to introduce new products on the market, keeping in mind the requirements of its customers as well as the developments that are coming to the market. 

This is why the company is working hard to be aware of the demands of customers, and the advantages of which will surely be apparent to the business in the near future.

In the same way that the standard of living of the population is rising and the way of life of population is evolving, because of this, consumers are becoming drawn to brand-name products in increasing numbers. 

Because LT Foods has a strong portfolio of brands across various product categories You will surely see its advantages in the near future.

What Are The Risks of LT Foods (Daawat) Share?

The biggest dangers in the business of LT Foods, if we take a look at the market segment that the company operates in together with an organized business market share, that of non-organized businesses is found to be very high.

This is the reason why LT Foods will face huge losses in the near future. There is a chance that you will face certain challenges when it comes to increasing your market share.

Concerning the second threat The business of LT Foods sees a very significant amount of money being brought to the business from India as well as overseas, which means that there is always a chance to encounter Forex risks in the business.

conclusion

This article is a complete guide to LT Foods (Daawat) Share Price Target, where you can find out what LT Foods (Daawat) is, its businesses, and LT Foods (Daawat) Share Price Target 2023, 2024, 2025, 2026, 2030.

Share price forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, We have talked in detail about LT Foods (Daawat)’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of LT Foods (Daawat) so that you can consider investing in the future. If you have any questions, please contact us in the comment box.

We will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

LT Foods (Daawat) Share F.A.Q.

What do you think LT Foods Share look in the near future?

LT Foods (Daawat) is constantly launching new categories of products in its line of business, and doing to gain an enduring presence within new areas, thanks in which LT Foods Share is expected to grow in the coming years. 

When to invest in shares of LT Foods?

If you spot a small change in the LT Foods Share, you should definitely consider investing in small amounts over an extended period of time.

Does LT Foods give good dividends to shareholders?

In terms of dividends In terms of dividend, LT Foods shares distributes dividends each year to its shareholders however, the amount of dividend is quite small.

Does LT Foods a multibagger?

When LT Foods sees the share price history as well as the books in the accounts, then it may be considered a multibagger in this way.

Is Daawat from LT Foods a good buy?

From the accounting to the fundamental and technical evaluation of LT Foods, it can prove to be a profitable share.

Is LT Foods debt free?

In the results of March 2023, LT Foods has a debt of around 1200 crore.

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