PCBL Share Price Target 2024, 2025, 2030, 2040, 2050
Phillips Carbon Black Limited(PCBL) which makes carbon material. The company also makes electricity and chemicals for cleaning water and for the oil and gas industry.
They have factories in different places in India and sell their products in India and other countries.
What is PCBL Ltd NSE: PCBL?
Contents
- 1 What is PCBL Ltd NSE: PCBL?
- 2 PCBL Share Price Target 2024
- 3 PCBL Share Price Target 2025
- 4 PCBL Share Price Target 2030
- 5 Share Price Target 2040
- 6 Share Price Target 2050
- 7 Price Summary
- 8 Should I Buy PCBL Stock?
- 9 PCBL Ltd Earning Results(June 2024)
- 10 Is PCBL Stock Good to Buy? (Bull case & Bear case)
- 11 Conclusion
- 12 FAQs
PCBL Ltd makes and sells a black powder called carbon black in India and other countries. The company mainly makes and sells carbon black and also sells electricity. It produces Carbon Black, Power, and Chemicals. It makes carbon black in five factories in different places in India.
Also, it makes electricity and sells chemicals for cleaning water and for the oil and gas industry. They also make special carbon black for other things like food packaging, plastic, wires, cables, pipes, inks, paints, batteries, and fertilizers, which they sell under the name Royale Black.
This company is popular for its top-quality products. The company became well brand in its field. It makes products by keeping in mind to pollute as much as it can be minimized. The company is more than 60 years old and from that time it has been the top competitor in making special chemicals and high-quality materials. The company can produce 770,000 metric tons every year and generate 122 megawatts of green energy each hour. In 2024, 600 rs would be the targeted price.
The price will be between 240 rs to 600 rs in 2024.
Year | Minimum Price | Maximum Price |
2024 | 240 | 600 |
Month | Minimum Price | Maximum Price |
January | 240 | 336 |
February | 278 | 343 |
March | 225 | 300 |
April | 251 | 286 |
May | 231 | 273 |
June | 209 | 278 |
July | 252 | 343 |
August | 324 | 410 |
September | 380 | 439 |
October | 402 | 487 |
November | 435 | 512 |
December | 479 | 600 |
In 2023, many Indian stocks, including PCBL, went up a lot in value. In early 2024, the market is likely to stay positive, with some small changes in the first few months. Today, PCBL is the biggest carbon black producer in India and a big competitor globally, with customers in over 50 countries.
It has four modern plants in Mundra (Gujarat), Durgapur (West Bengal), Palej (Gujarat), and Kochi (Kerala). The company also has research centres in Palej (Gujarat) and Ghislenghien (Belgium). In 2023, PCBL opened its fifth plant in Chennai (Tamil Nadu). These developments indicate that the company is financially very strong. In 2025 we can expect a target price of 770 rs.
As per the previous performance, PCBL is growing very fast due to its high demand in 2025 its share price will be between 590 rs to 770 rs.
Year | Minimum Price | Maximum Price |
2025 | 590 | 770 |
Month | Minimum Price | Maximum Price |
January | 590 | 605 |
February | 599 | 617 |
March | 608 | 622 |
April | 610 | 630 |
May | 616 | 643 |
June | 623 | 660 |
July | 632 | 671 |
August | 640 | 688 |
September | 655 | 702 |
October | 675 | 743 |
November | 680 | 750 |
December | 710 | 770 |
As we all know making carbon black creates harmful gases. The company uses these gases to produce electricity. PCBL is the first carbon black company in the world to get carbon credits from the UN for its power plant in Baroda. The power process uses the heat from the waste gas made during carbon black production. This waste gas is then used to make steam, which is turned into electricity. In 2030 as per technical analysis and its financial condition its price target would be 1230 rs.
The price will be between 1070 rs to 1230 rs in 2030.
Year | Minimum Price | Maximum Price |
2030 | 1070 | 1230 |
Month | Minimum Price | Maximum Price |
January | 1070 | 1088 |
February | 1079 | 1095 |
March | 1089 | 1105 |
April | 1094 | 1116 |
May | 1107 | 1127 |
June | 1114 | 1138 |
July | 1125 | 1153 |
August | 1137 | 1161 |
September | 1143 | 1176 |
October | 1155 | 1189 |
November | 1176 | 1198 |
December | 1189 | 1230 |
As the company do business with carbon during its production harmful gases produce which pollute the environment. This company is strongly committed to pollute less to the environment, they also make green power plants to produce electricity by using the harmful gases produced by them while making carbon products. The company has now started a 12 MW power plant at its Chennai site, and increasing its green power capacity to 110 MW, which shows that this company is dedicated to being eco-friendly and reducing its carbon pollution as it continues to work towards a more sustainable future. So, in 2040 we would expect a price target of 2710 rs.
In 2040, the price will be between 2540 rs to 2710 rs, as it performing very well amongst its competitors.
Year | Minimum Price | Maximum Price |
2040 | 2540 | 2710 |
Month | Minimum Price | Maximum Price |
January | 2540 | 2576 |
February | 2551 | 2588 |
March | 2563 | 2602 |
April | 2577 | 2620 |
May | 2581 | 2632 |
June | 2590 | 2644 |
July | 2608 | 2653 |
August | 2618 | 2662 |
September | 2630 | 2671 |
October | 2642 | 2682 |
November | 2655 | 2690 |
December | 2665 | 2710 |
At PCBL, research and innovation are crucial for its growth. Recently, They have invested in new facilities, people, and methods to boost their research. This has improved its product use, process efficiency, and customization. They have the Sushila Goenka Research & Development Centre in Palej, Gujarat, and since 2020, They also had the Sushila Goenka Innovation Centre in Belgium. This centre, covering 27,000 sq. ft., focuses on creating new products and improving processes for PCBL.
Their main goals are to develop new types of carbon black, customize existing ones, and improve their methods. This type of future plan can boost the company, and also the company is doing great in current times (2024). So they have great future plans and 5210 rs would be the price target in 2050.
They are really performing well in the market and have future plans too, in 2050 The price would be between 4832 rs to 5210 rs.
Year | Minimum Price | Maximum Price |
2050 | 4832 | 5210 |
Month | Minimum Price | Maximum Price |
January | 4832 | 4860 |
February | 4843 | 4888 |
March | 4855 | 4897 |
April | 4861 | 4930 |
May | 4875 | 4963 |
June | 4889 | 4991 |
July | 4923 | 5030 |
August | 4953 | 5080 |
September | 5002 | 5104 |
October | 5067 | 5130 |
November | 5089 | 5185 |
December | 5120 | 5210 |
Price Summary
Year | Minimum Price | Maximum Price |
2024 | 240 | 600 |
2025 | 590 | 770 |
2030 | 1070 | 1230 |
2040 | 2540 | 2710 |
2050 | 4832 | 5210 |
Should I Buy PCBL Stock?
The company is continuously making good revenue from its excellent business. Everyone is aware that carbon factories produce a lot of harmful gases which are not good for the environment, but the company has a solution and they use the harmful gases to produce electricity in their power plant. The company had shown very good performance in past and expected to continue it.
PCBL Ltd Earning Results(June 2024)
Market Capital | 10,112.23 Crore |
TTQ (Lakh) | 6.92 |
Turnover (Cr.) | 27.70 |
EPS (TTM) | 14.08 |
CEPS (TTM) | 18.16 |
PE/PB | 28.70 / 4.65 |
ROE | 16.21 |
Face Value | 1.00 |
Revenue | 1,491.02 |
Other Income | 7.25 |
Total Income | 1,498.27 |
Expenditure | -1,296.30 |
Interest | -72.72 |
Tax | -47.84 |
Net Profit | 116.28 |
Is PCBL Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- It is strong in its industry, which can lead to steady growth.
- The company expanded to do well in new areas like they start producing electricity.
- PCBL has low debt and makes good profits.
- The company going toward eco-friendly products.
Bear Case:
- There are many players in the market in the same business.
- PCBL owes a lot of money, and it could be risky, especially if interest rates go up.
Conclusion
Since the company was established it has been one of the tough competitors in its field. It does business in India as well as outside the country. The company is focusing on green energy and setting up electricity with the harmful gases which are produced by its main carbon products. The company’s fundamentals are very strong and it doing great in past.