PNG Jewellers Share Price Target 2024, 2025, 2030, 2040, 2050

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P N Gadgil Jewellers Ltd., known in India as PNG, has been trusted in the jewelry market since 1832 for its high quality workmanship and inventive designs.

With the company continued expansion at home and abroad, investors want to know its growth prospects and share price targets for the coming years.

What is P N Gadgil Jewellers Ltd NSE: PNGJL?

The National Stock Exchange of India lists P N Gadgil Jewellers Ltd. as one of India oldest jewelry enterprises. Since its founding in Sangli by Ganesh Gadgil, the firm has expanded into many stores. Traditional Maharashtrian designs dominate PNG Jewellers’ gold, silver, diamond, and platinum jewelry. In September 2022, the firm had 35 outlets worldwide, including 33 in India, one in the US, and one in Dubai.

Fundamental Table

MetricValue
Market Cap₹101.98 Billion
P/E Ratio66.07
Face Value₹10
52 Week High₹848.00
52 Week Low₹681.10
Dividend Yield
ROCE16.34%
ROE14.78%
Debt to Equity0.32

Key Metrics

MetricValue
Beta0.75
Earnings Yield1.51%
Price to Book Ratio9.77
Free Cash Flow₹53.21 Crore

Peers Comparison Table

CompanyMarket Cap (₹ Cr)P/E RatioRevenue Growth (YoY)
PNG Jewellers10,19866.0734.2%
Kalyan Jewellers13,94856.3126.8%
Titan Company246,71987.2333.7%
PC Jeweller1,12247.6%
Tribhovandas Bhimji Zaveri61520.8912.8%

PNG Jewellers share price Target Tomorrow

Price TypeTarget PriceChange
Maximum₹765.00+₹15.00
Minimum₹740.00-₹10.00

PNG Jewellers share price Target 2024

PNG Jewellers may grow in 2024 as it strengthens its market position and expands its retail footprint. The company creative designs and rising demand for branded jewelry may boost value. However, gold price volatility and economic variables may affect results.

YearMinimum Price (₹)Maximum Price (₹)
2024650900
MonthMinimum Price (₹)Maximum Price (₹)
JanuaryN/AN/A
FebruaryN/AN/A
MarchN/AN/A
AprilN/AN/A
MayN/AN/A
JuneN/AN/A
JulyN/AN/A
AugustN/AN/A
September650850
October700850
November750870
December800900

PNG Jewellers share price Target 2025

PNG Jewellers could profit from brand strength and market development in 2025. Technology and omnichannel retail investments may boost growth, and any effective worldwide market penetration might boost the share price.

YearMinimum Price (₹)Maximum Price (₹)
20258801100

Monthly projections for 2025:

MonthMinimum Price (₹)Maximum Price (₹)
January880920
February900940
March920960
April940980
May9601000
June9801020
July10001040
August10201060
September10401080
October10601090
November10801100
December10901100

Share price Target 2030

The jewelry business may focus more on ecological and ethical materials by 2030. PNG Jewellers’ long term success will depend on its capacity to adapt to these changes while maintaining its historic appeal. Brand creation and mergers or acquisitions may help the firm expand.

YearMinimum Price (₹)Maximum Price (₹)
203015002200
MonthMinimum Price (₹)Maximum Price (₹)
January15001600
February15501650
March16001700
April16501750
May17001800
June17501850
July18001900
August18501950
September19002000
October19502050
November20002100
December21002200

Share Price Target 2050

Share price projections for 2050 are very speculative. It might develop significantly if PNG Jewellers innovates and adapts to customer tastes. The company long term worth will depend on jewelry production technology, precious metal markets, and global economic circumstances.

YearMinimum Price (₹)Maximum Price (₹)
205030005000
MonthMinimum Price (₹)Maximum Price (₹)
January30003200
February31003300
March32003400
April33003500
May34003600
June35003700
July36003800
August37003900
September38004000
October39004200
November40004500
December45005000

Should I buy PNG Jewellers stock?

PNG Jewellers stock investing needs careful consideration of different elements. The company background, brand, and growth ambitions appear promising. However, economic and precious metal price changes affect the jewelry sector.

YearMinimum Price (₹)Maximum Price (₹)
2024600900
20258801100
203015002200
204022003500
205030005000

Investors should evaluate PNG Jewellers’ finances, development initiatives, and market position. The firm may grow by expanding its retail presence and digital capabilities. However, gold industry regulations and customer preferences for lab grown diamonds may cause problems.

Any investment option should match your financial objectives, risk tolerance, and strategy. Before investing, consult a financial counselor.

P N Gadgil Jewellers Ltd earning results

Company sales and profitability have grown significantly. A large net profit increase suggests better operational efficiency and cost control.

MetricFY 2024FY 2023YoY Change
Revenue₹6,119.1 Crore₹4,559.31 Crore+34.2%
Net Profit₹154.34 Crore₹93.7 Crore+64.7%
EPS₹11.37₹6.90+64.7%

Expert forecasts on the future of P N Gadgil Jewellers Ltd.

Industry analysts and professionals disagree about PNG Jewellers’ future:

  1. Market expansion: Many analysts think PNG Jewellers’ expansion efforts into tier 2 and tier 3 cities boost growth.
  2. Digital Transformation: Analysts stress PNG Jewellers’ e commerce and digital marketing expenditures to attract younger customers.
  3. Product Diversification: According to specific projections, PNG Jewellers may benefit from offering cheaper jewelry lines.
  4. Brand Strength: Experts say the company substantial brand equity, especially in Maharashtra, will fuel development.
  5. Industry Consolidation: Analysts believe PNG Jewellers might lead industry consolidation via strategic acquisitions.

Is PNG Jewellers stock good to buy? (bull case & bear case)

Bull Case:

  • High brand awareness and consumer loyalty in Maharashtra
  • Retail expansion and market share growth
  • Digital capabilities and omnichannel retail strategy investments
  • Consistent sales and profit growth recently
  • International development and market diversification potential

Bear Case:

  • High gold price and economic cycle sensitivity
  • Organized jewelry shop rivalry is fierce.
  • Gold industry regulatory risks
  • Consumer taste for lab grown diamonds may change.
  • P/E ratio higher than industry peers

Conclusion

P N Gadgil Jewellers Ltd. is at a critical point in its history. Its strong brand heritage and ambitious development goals allow the firm to expand significantly in the following years. Like any jewelry venture, it faces economic cycles and customer preference risks.

These share price estimates indicate a good long term trajectory for PNG Jewellers due to market growth, digital transformation, and brand strength. These predictions are tentative and dependent on several variables.

Investors in PNG Jewellers stock should assess the company development potential against jewelry industry hazards. Every investment selection should include diversification and personal financial objectives.

FAQs

PNG Jewellers designs, manufactures, and sells gold, diamonds, and other valuable jewelry.

PNG Jewellers has grown sales and profitability significantly in recent years. Stock performance might be variable owing to factors in the jewelry industry.

Key hazards include gold price variations, economic downturns that influence consumer purchasing, severe jewelry rivalry, and changes in gold industry regulation.

PNG Jewellers is investing in digital capabilities, extending its product line, and emphasizing new designs to attract younger customers while retaining its loyal customers.

According to recent data, PNG Jewellers do not pay dividends. The company financial performance and strategic ambitions might modify dividend policy. Investors should analyze recent financial reports for dividends.

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