SKY Gold Share Price Target 2025, 2026, 2030, 2040, 2050

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Sky Gold Limited is an Indian company that designs, makes, and sells gold jewellery. The company mainly focuses on gold jewellery and offers a wide variety of designs to match the tastes of its customers. Many of their jewellery pieces are decorated with American diamonds and/or coloured stones.

Their products include gold jewellery, studded items, and other types of jewellery, available at different price ranges. These products are suitable for various occasions, from special events like weddings to everyday wear. The company’s manufacturing facility is located in Mulund (West), Mumbai, where the jewellery is cast.

What is SKY Gold Ltd NSE: SKYGOLD?

SKY Gold is an Indian company that designs, makes, and sells gold jewellery. It was established in 2008 and its headquarters is in Mumbai, Maharashtra. The company mainly focuses on 22 Karat gold jewellery and offers various designs to meet its customers’ tastes.

Many of their jewellery pieces are decorated with American diamonds and/or coloured stones. Its products include gold jewellery, studded pieces, and other types of jewellery, all available at different price points. These products are suitable for various occasions, from weddings and special events to daily wear. The company’s manufacturing unit is located in Mulund (West), Mumbai, where the jewellery is made.

SKY Gold share price Target Tomorrow

The overall trend of this stock is bullish. The company’s fundamentals are quite positive so you can take risks on this stock. On the other side due to market sentiment, its short-term chart shows a bearish trend. For short-term buying, you should wait for a better opportunity.

DayMinimum Price (Rs)Maximum Price (Rs)
Tomorrow-33+60

SKY Gold share price Target 2025

Due to the ongoing demand for gold, this company is expected to see growth in its stock price. As investors turn to gold during times of economic uncertainty, companies like this one that mine and sell gold are likely to perform well. The company could also benefit from increasing its mining capacity and improving its efficiency. In addition, any new gold discoveries or mining projects could boost its earnings. In 2025, its stock price target would be ₹1108 as per our analysis.

By our prediction, its stock price would be between ₹110 to ₹1108 in 2025.

YearMinimum Price (Rs)Maximum Price (Rs)
20251101108
MonthMinimum Price  (Rs)Maximum Price (Rs)
January190780
February166670
March153560
April110420
May170580
June360688
July423760
August480820
September560887
October630932
November7301050
December10401108

SKY Gold share price Target 2026

The gold market is expected to stabilize. With gold continuing to be in high demand, this company could benefit from this stability. The company might also expand its mining operations and explore new areas for gold reserves. If it continues to grow and enhance its operations, the stock price could rise further. By 2026, its stock price target would be ₹1360 as per our analysis.

As per our prediction, its stock price would be between ₹900 to ₹1360 in 2026.

YearMinimum Price (Rs)Maximum Price (Rs)
20269001360
MonthMinimum Price  (Rs)Maximum Price (Rs)
January10401130
February9701060
March9001030
April9381055
May9601130
June9881160
July9981173
August10301190
September11651230
October11901290
November12781340
December13201360

Share price Target 2027

It is a significant player in India’s jewellery industry and is expected to see strong growth in the upcoming years. With its focus on 22 Karat gold jewellery, an expanding range of products, and a commitment to both special occasions and daily wear jewellery, the company is positioned well to continue benefiting from the growing demand for gold. This demand, combined with its plans for brand expansion, should reflect positively in the stock price over the next few years. In 2027, its stock price target would be ₹1670 as per our analysis.

By our prediction, its stock price would be between ₹1200 to ₹1670 in 2027.

YearMinimum Price (Rs)Maximum Price (Rs)
202712001670
MonthMinimum Price  (Rs)Maximum Price (Rs)
January12781370
February12501340
March12791380
April12901388
May13101398
June13281420
July12001435
August12551460
September13501480
October14701520
November15101620
December16051670

Share price Target 2028

The company is focusing on creating better and more attractive jewellery designs, which will help it appeal to a wider range of customers. By reaching more people through effective marketing and expanding into new markets, it aims to grow its customer base. Additionally, there is a rising demand for trendy and stylish gold jewellery, especially among younger generations. As this trend continues to grow, it is expected to drive more sales, contributing to the company’s overall expansion and success. In 2028, its stock price target would be ₹1902 as per our analysis.

By our prediction, its stock price would be between ₹1400 to ₹1902 in 2028.

YearMinimum Price (Rs)Maximum Price (Rs)
202814001902
MonthMinimum Price  (Rs)Maximum Price (Rs)
January16051688
February15301620
March14801590
April14001570
May14551590
June14881630
July15501730
August15901789
September16801820
October17301855
November18101870
December18491902

Share price Target 2029

The company offers a variety of designs, from premium pieces to more affordable options, ensuring it appeals to different market segments. As the company continues to improve its products and expand its market reach, investors can expect moderate growth in the stock price. Over time, as it strengthens its brand, increases customer loyalty, and taps into new markets, there is potential for higher returns, making it an attractive investment opportunity for the future. In 2029, its stock price target would be ₹2260 as per our analysis.

By our prediction, its stock price would be between ₹1630 to ₹2260 in 2029.

YearMinimum Price (Rs)Maximum Price (Rs)
202916302260
MonthMinimum Price  (Rs)Maximum Price (Rs)
January18491928
February17601850
March16301820
April17551930
May17801955
June17981970
July18302050
August19902110
September20902180
October21302238
November21902230
December22202260

SKY Gold share price Target 2030

Its strong position in the gold industry could cause its stock price to go up a lot. As demand for gold continues to rise, especially for jewellery and investments, the company is in a good spot to take advantage of this trend. Also, new technologies in gold mining and finding new gold resources could help the company produce more efficiently. With these improvements, this company has the potential to grow its business, which could lead to a big rise in its stock price in the future. In 2030, its stock price target would be ₹2560 as per our analysis.

By our prediction, its stock price would be between ₹1800 to ₹2560 in 2030.

YearMinimum Price (Rs)Maximum Price (Rs)
203018002560
MonthMinimum Price  (Rs)Maximum Price (Rs)
January22202260
February21552190
March20302146
April19802060
May19102033
June18001930
July18901988
August19502068
September20302187
October21502360
November22562490
December24402560

Share price Target 2040

This company is expected to become a stronger player in the global gold market over time. The company is focusing on long-term growth strategies, like expanding its product range and making its operations more efficient. As the demand for gold continues to grow, it is likely to benefit. With its ability to keep up with market trends and offer high-quality products, the company should see steady growth, making it a good option for long-term investors looking to take advantage of the increasing demand for gold. By 2040, its stock price target would be ₹5030 as per our analysis.

By our prediction, its stock price would be between ₹4636 to ₹5030 in 2040.

YearMinimum Price (Rs)Maximum Price (Rs)
204046365030
MonthMinimum Price  (Rs)Maximum Price (Rs)
January46364690
February46554730
March46804768
April47304787
May47514790
June47604830
July47794855
August48104879
September48304910
October48434938
November48504980
December49555030

Share price Target 2050

It is known for its high-quality gold and silver jewellery, which includes a wide range of products like necklaces, rings, pendants, bracelets, earrings, and bangles. The company meets various customer preferences, offering both ready-made and customized jewellery to meet specific needs. It serves wholesalers, showrooms, and retailers across the country, building a strong reputation for quality and customer satisfaction in the jewellery industry. In 2050, its stock price target would be ₹8860 as per our analysis.

By our prediction, its stock price would be between ₹8323 to ₹8860 in 2050.

YearMinimum Price (Rs)Maximum Price (Rs)
205083238860
MonthMinimum Price  (Rs)Maximum Price (Rs)
January83238350
February83408398
March83908430
April84108560
May84558579
June84788670
July85558680
August85788690
September85908720
October86208750
November86558790
December87508860

Should I buy SKY Gold stock?

YearMinimum Price (Rs)Maximum Price (Rs)
20251101108
20269001360
202712001670
202814001902
202916302260
203018002560
204046365030
205083238860

Sky Gold has grown well in recent years, focusing on quality and customer satisfaction. The company has seen strong increases in revenue and earnings while keeping a good profit margin and low debt. With this steady growth, Sky Gold is a good long-term investment option for those looking for potential returns.

SKY Gold earning results

Mar 2022Mar 2023Mar 2024TTM
Sales +7861,1541,7452,466
Expenses +7651,1171,6682,346
Operating Profit203778119
OPM %3%3%4%5%
Other Income +111423
Interest8112129
Depreciation1168
Profit before tax222554105
Tax %22%26%25%
Net Profit +17194080
EPS in Rs1.581.733.066.00
Dividend Payout %0%12%3%

Is SKY Gold stock good to buy? (Bull case & bear case)

Bull Case:

  • Focus on cloud, AI, and digital services in high demand.
  • Serves various industries, reducing risk.
  • Consistent sales growth and profitability.
  • Expanding to new markets increases opportunities.
  • Attractive for income-seeking investors.
  • The company is expected to perform well in the upcoming quarter.

Bear Case:

  • Stock may be impacted by market fluctuations.
  • Faces strong competition in the tech sector.
  • Success depends on these sectors’ growth.
  • Challenges from entering new international markets.
  • Stock price might be considered expensive, trading at 14.4 times its book value.
  • Promoter holding has decreased by 4.27% over the last quarter.

Conclusion

This company shows strong growth potential due to its focus on high-quality gold jewellery and expanding market presence. While the stock has promising upside, risks such as high valuation and decreasing promoter holding should be considered. Overall, it presents a good long-term investment opportunity for those looking to capitalize on the growing gold jewellery market, but caution is advised due to market fluctuations.

FAQs

Its P/E ratio is 480.31 as of January 2025.

SKY Gold has demonstrated consistent revenue and profit growth, with positive prospects in the gold jewellery sector.

The company shows strong growth potential in the gold jewellery market. However, risks like market fluctuations and high valuation should be considered.

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