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HomeSHARE MARKETStrong Fundamental Share With Zero Debt; You Can Buy This Stock For...

Strong Fundamental Share With Zero Debt; You Can Buy This Stock For Long-Term And Short Term

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Shanthi Gears Ltd (NSE: SHANTIGEAR) To Buy Stock: Today, in this post we’ll discuss about Shanthi Gears 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.

Significant growth is evident in the market for stocks. If wish to profit from this market surge, must have strong shares in the portfolio.

Top analyst has selected an excellent stock to purchase. It is a stock that can be placed in the portfolio with a horizon of short-term to long-term.

If also wish to earn profits from markets for stocks, you can invest on this stock.

Expert Advice

Market expert has chosen Shanthi Gears to buy. Experts have chosen stocks in the auto ancillary industry to purchase.

He has offered buying advice for this stock several times. The expert stated that he’d offered the shares for purchase between 8 and 10 times.

Why Should You Buy The Share?

Experts say this stock shouldn’t be purchased immediately. The company’s rating is very good. The order book of the company is higher. The firm is debt-free and has cash liquid in the range of 100 crore rupees.

The company operates four manufacturing facilities. This company makes gearboxes.

What Are The Firm’s Core Values?

The company’s equity return of 34 percent. Profit growth over the last three years is 40. The sales growth rate is between 22 and 23 percent.

It’s a small equity company. The promoters’ share of the business is approximately 78. The sector is doing well, and you can purchase the shares.

About Shanthi Gears Company

Shanthi Gears Limited is an enterprise that provides industrial gearing solutions. It’s engaged in the field of manufacturing, design, supply, and service of geared motors, gears, gearboxes, and assemblies.

The company’s main products include helical gearboxes, bevel helical gearboxes and gears and rings, worm gearboxes, cooling tower gearboxes, extruders gearboxes, and special gearboxes for the sector.

The products include cement, sugar, steel as well as cranes and material handling papers power, rubber, and compressors off-highway, railways, mining, textiles, and aerospace.

It offers facilities like engineering, research, and development including forging, foundry manufacturing, heating treatment machine turning, CNC hobbing grinding of gear profiles, testing toolrooms for manufacturing clutter, metrology calibration, and assurance.

Fundamental Analysis of Shanthi Gears

Market Cap₹ 4,469 Cr.
Current Price₹ 571.20
52-wk High₹ 644.40
52-wk Low₹ 344.15
Stock P/E58.68
Book Value₹ 42.6
Dividend0.86 %
ROCE32.1 %
ROE23.8 %
Face Value₹ 1.00
P/B Value13.6
OPM20.1 %
EPS₹ 9.91
Debt₹ 0.00 Cr.
Debt to Equity0.00

Shanthi Gears Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹600₹658
2025₹565₹628
2026₹630₹725
2027₹700₹800
2028₹678₹884
2029₹800₹928
2030₹1000₹1211
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Shanthi Gears Shareholding Pattern

Promoters Holding
Mar 202370.47%
June 202370.47%
Sept 202370.47%
Dec 202370.47%
Mar 202470.47%
FII Holding
Mar 20233.70%
June 20233.73%
Sept 20233.61%
Dec 20233.44%
Mar 20243.50%
DII Holding
Mar 20230.84%
June 20230.68%
Sept 20230.62%
Dec 20230.58%
Mar 20240.50%
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Public Holding
Mar 202324.98%
June 202325.11%
Sept 202325.30%
Dec 202325.51%
Mar 202425.54%

Shanthi Gears 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₹ 242 Cr
2020₹ 242 Cr
2021₹ 216 Cr
2022₹ 337 Cr
2023₹ 506 Cr

Last 5 Years’ Net Profit:

2019₹ 33 Cr
2020₹ 25 Cr
2021₹ 20 Cr
2022₹ 42 Cr
2023₹ 76 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190
20200
20210
20220
20230

Last 10 Years’ Profit Growth:

10 Years:16%
5 Years:19%
3 Years:39%
Current Year:27%

Last 10 years’ Return on Equity (ROE):

10 Years:10%
5 Years:14%
3 Years:17%
Last Year:24%

Sales Growth Over 10 Years:

10 Years:12%
5 Years:16%
3 Years:23%
Current Year:19%

Conclusion

This article is a complete guide about Shanthi Gears 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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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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