Patanjali Foods has been making waves in the Indian market for its Ayurvedic and natural products. With its growing popularity, many investors are wondering about the future of Patanjali Foods’ share price target. With the rise of health-conscious consumers, is Patanjali Foods a good stock to buy for long-term investments?
According to a recent market analysis, Patanjali Foods shares are looking at a 17 percent upside after a spate of corrections.
In this article, we will delve into the company’s history, growth prospects, and future projections to determine if Patanjali Foods is a good auto stock to buy in the next 7-10 years.
About the Company
Patanjali Foods is a leading health food producer in India. They have a mission to provide natural and healthy food products to their customers. They focus on providing organic ingredients, natural foods, and natural supplements. They have a wide range of products such as juices, snacks, health drinks, and more. They use sustainable farming methods to produce their products and provide a healthy lifestyle. They are committed to providing quality products and providing a better life for their customers.
With their commitment to quality and health, they are a trusted brand in India. Patanjali Foods is dedicated to bringing health and wellness to its customers. They focus on providing natural products with organic ingredients and using sustainable farming methods. They have a wide range of products, from juices and snacks to health drinks, that help promote a healthy lifestyle.
Stock Price history of Patanjali Foods
Patanjali Foods was established in 1986 in India. The company is a subsidiary of the parent company Patanjali Ayurveda and is involved in the production and distribution of a variety of health food products. The company has grown to become one of the leading health food brands in the Indian market.
The stock of Patanjali Foods was listed on the National Stock Exchange of India in July 2022 at a price of Rs. 1040.10. The stock has seen volatile movement since then, with the price reaching a high of Rs.1441.25 in September 2022 before correcting sharply to Rs. 1273 in November 2022. The stock has since recovered drastically and is currently trading at Rs. 921.00. The stock has been volatile due to the changing perception of the company and its products in the Indian market.
Latest news about Patanjali Foods
- Patanjali Foods tanked 25% after Q3 earnings. What is weighing on the stock? [15-feb-2023]
- Ramdev faces ridicule as Patanjali faces a bloodbath in the stock market amidst a scandal plaguing Adani Group. [8-feb-2023]
- Patanjali Foods shares looking at a 17 percent upside after a spate of corrections. [8-feb-2023]
How to buy Patanjali Foods shares online?
To buy Patanjali Foods shares, you will need to open a brokerage account with a broker that offers access to Indian stocks. Once you have opened an account, you can place a buy order for Patanjali Foods shares. The broker will execute your order and the shares will be credited to your account. You can then hold the shares in your account for as long as you wish or you can sell them at any time.
You can also buy shares from the following trading platforms:
Share Price Prediction of Patanjali Foods: 2023 to 2030
Share Price Target 2023 of Patanjali Foods is ₹1,587.44
|When||Maximum Price||Minimum Price|
The following table represents Patanjali Foods’ share price prediction for 2023. The maximum price of the share ranges from ₹1,183.20 in February 2023 to ₹1,587.44 in December 2023, with a growth percentage of around 34% in just one year.
On the other hand, the minimum price of the share ranges from ₹910.15 in February 2023 to ₹1,221.11 in December 2023, indicating a growth of around 34%. The table shows a bullish trend in the Patanjali Foods share price, with an uptrend observed throughout the year 2023.
This growth in the share price can be attributed to the increasing demand for natural and Ayurvedic products in the market. Investors can expect a decent return on their investments if they consider buying Patanjali Foods shares in 2023.
Share Price Target 2024 of Patanjali Foods is ₹2,222.48
|When||Maximum Price||Minimum Price|
The Patanjali Foods share price target for 2024 is quite bullish, as indicated by the table. The maximum share price for the year ranges from ₹1,670.99 in January 2024 to ₹2,222.48 in December 2024, which represents an overall growth of around 33%.
The minimum share price for the year ranges from ₹1,285.37 in January 2024 to ₹1,709.60 in December 2024, with a growth of around 33%. These numbers indicate a consistent uptrend in the Patanjali Foods share price, making it a potential investment option for the coming year.
Investors looking to make long-term investments in Patanjali Foods can consider buying shares in 2024, as the maximum and minimum share price targets for the year appear to be quite promising.
Share Price Target 2025 of Patanjali Foods is ₹2,695.91
|When||Maximum Price||Minimum Price|
The Patanjali Foods share price target for 2025 also looks promising, with a maximum share price range from ₹2,266.93 in January 2025 to ₹2,695.91 in December 2025. This represents an overall growth of approximately 21% compared to 2024.
On the contrary, the minimum share price range for 2025 is from ₹1,743.79 in January 2025 to ₹2,073.77 in December 2025, which also indicates a growth of approximately 21%. These numbers show a consistent and steady growth trend in the Patanjali Foods share price, making it a valuable investment option for 2025.
Patanjali Foods Share Price Prediction 2026-2030
|Year||Maximum Price||Minimum Price|
The Patanjali Foods share price target for the next few years, 2026 to 2030, looks quite bullish with an upward trend expected. In 2026, the maximum price is estimated to be ₹1,887.13 while the minimum price is expected to be ₹1,320.99, indicating a growth of about 44 percent.
In 2027, the maximum price is projected to be ₹1,604.06 and the minimum price is expected to be ₹1,122.84, showing a growth of about 19 percent.
However, the growth rate significantly increases in 2028, with a maximum price of ₹2,887.32 and a minimum price of ₹2,021.12, a growth of over 80 percent.
The maximum price in 2029 is estimated to be ₹5,930.99 and the minimum price is expected to be ₹4,151.70, a growth of over 133 percent.
The maximum price target in 2030 is ₹6,604.97 and the minimum price is ₹4,623.48, a growth of over 46 percent.
The Patanjali Foods share price target for 2026 to 2030 is looking very promising and it could be a good auto stock to buy for long-term investment.
Financial Condition of Patanjali Foods: Last 5 years
|Narration||Mar-18||Mar-19||Mar-20||Mar-21||Mar-22||Trailing||Best Case||Worst Case|
|Profit before tax||-6,010.25||76.72||7,658.03||514.40||1,074.38||1,101.40||1,395.48||48.99|
|Price to earning||-0.10||2.87||0.66||27.90||35.14||51.25||51.25||23.57|
Patanjali Foods has experienced a rollercoaster ride over the last five years with fluctuations in its financial performance.
The company saw a decline in its operating profit in March 2018, with a negative OPM of 0.00%. However, the company saw tremendous growth in March 2019, with a growth of 0.99% in OPM and a minimum operating profit of 126.50.
The growth trend continued over the years, with a maximum OPM growth of 6.16% in March 2022 and a minimum of 3.09% in March 2020.
The revenue growth of the company also saw a positive trend, with a maximum revenue growth of 24,205.38 in March 2022 and a minimum growth of 11,994.13 in March 2018.
The company’s profit after tax (PAT) also saw a positive trend, with a maximum PAT growth of 822.05 in March 2022 and a minimum of -5,573.28 in March 2018.
The company’s price-to-earnings ratio has also been on the rise, with a maximum of 51.25 in March 2022 and a minimum of 0.10 in March 2018.
Overall, Patanjali Foods has shown a positive trend in terms of profit and loss, revenue growth, and profit growth over the last five years.
Will the share price of Patanjali Foods increase in 2023?
Yes, the per share price of Patanjali Foods will grow and reach ₹1,587.44 by the December of 2023 because Patanjali Foods has seen significant growth in recent years, with a large increase in market share and revenue.
What is the price prediction of shares of Patanjali Foods for the year 2030?
The per-share price of Patanjali Foods might reach around ₹6,604.97 by the end of 2030 because the company has made significant investments in research and development, which has helped to improve the quality and effectiveness of its products.
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In conclusion, Patanjali Foods is a promising stock with a bright future ahead. With a strong brand presence and increasing popularity of its products, the company is expected to grow steadily over the next seven years. The share price is expected to increase from 2023 to 2030 due to the company’s expansion plans and its commitment to providing value-added products and services to its customers. With the right strategies in place and the right execution, Patanjali Foods is likely to become an even more successful company in the near future.