Investors looking at Conforge are often curious about its future growth potential and share price trends. As a key player in the forging industry, the company is influenced by various factors, including market demand, raw material costs, and technological advancements. Understanding these elements can help investors make informed decisions. Conforge Share Price on 10 March 2025 is 7,519.55 INR. This article will provide more details on Conforge Share Price Target 2025, 2026 to 2030.
Conforge Company Info
- CEO: Sudhir Singh (May 2017–)
- Founded: 13 May 1992
- Headquarters: India
- Number of employees: 13,297 (2024)
- Revenue: 9,179 crores INR (FY24, US$1.1 billion)
- Subsidiaries: Cigniti Technologies
Conforge Share Price Chart
Conforge Share Price Details
- Today Open: 7,692.00
- Today High: 7,707.10
- Today Low: 7,480.80
- Mkt cap: 50.23KCr
- P/E ratio: 1.01%
- Div yield: N/A
- 52-wk high: 10,026.80
- 52-wk low: 4,287.25
Conforge Shareholding Pattern
- Promoters: 0%
- Foreign Institutions: 42.55%
- Mutual Funds: 35.80%
- Retails and others: 9.59%
- Domestic Institutions: 12.06%
Conforge Share Price Target Tomorrow 2025, 2026 To 2030
- 2025 – ₹10,030
- 2026 – ₹11,500
- 2027 – ₹13,500
- 2028 – ₹15,500
- 2029 – ₹17,500
- 2030 – ₹19,500
Conforge Share Price Target 2025
Conforge share price target 2025 Expected target could be ₹10,030. Here are 5 Key Factors Affecting Growth for Conforge Share Price Target 2025:
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Strong Demand in Automotive Sector – As Conforge is involved in manufacturing components for the automobile industry, increasing vehicle production and demand for high-quality forged parts will boost its growth.
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Expansion and Capacity Utilization – The company’s ability to expand production facilities and optimize capacity utilization will play a crucial role in revenue growth and profitability.
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Technological Advancements – Investing in modern forging technology and automation will enhance efficiency, reduce costs, and improve product quality, making Conforge more competitive.
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Government Policies and Support – Favorable government initiatives, such as Make in India and PLI (Production-Linked Incentive) schemes, can provide growth opportunities through incentives and increased domestic manufacturing.
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Raw Material Costs and Supply Chain Stability – Fluctuations in raw material prices and supply chain disruptions can impact production costs. Effective procurement strategies and stable supply chains will be key to sustaining profitability.
Conforge Share Price Target 2030
Conforge share price target 2030 Expected target could be ₹19,500. Here are 5 Risks and Challenges for Conforge Share Price Target 2030:
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Market Competition – The forging industry is highly competitive, with both domestic and international players. Increased competition can impact Conforge’s market share and pricing power.
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Raw Material Price Volatility – Fluctuations in the cost of steel and other essential raw materials can affect production costs and profitability, making cost management a significant challenge.
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Economic Slowdowns – A slowdown in the automotive and industrial sectors, due to economic downturns or reduced consumer demand, could impact the company’s revenue growth.
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Technological Disruptions – Advancements in alternative manufacturing technologies, such as 3D printing and lightweight material development, could reduce demand for traditional forged components.
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Regulatory and Environmental Compliance – Stricter environmental norms and industry regulations may increase operational costs and require additional investments in sustainable practices, affecting overall margins.
Financials Statement Of Conforge
| (INR) | 2024 | Y/Y change |
| Revenue | 91.79B | 14.53% |
| Operating expense | 24.63B | 21.45% |
| Net income | 8.08B | 16.46% |
| Net profit margin | 8.80 | 1.62% |
| Earnings per share | 132.25 | 11.96% |
| EBITDA | 12.92B | 8.48% |
| Effective tax rate | 20.03% | — |
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