The Cords Cable share price has drawn significant interest from investors due to its strategic position in the cable and wire industry and a strong historical growth pattern. This article explores Cords Cable’s current share price, historical price growth, projected targets for 2025, and future price predictions through 2030, focusing on key growth factors driving its potential.
Current Share Price of Cords Cable
As of November 11, 2024, Cords Cable trades at approximately ₹206.83 per share. This valuation aligns with the company’s recent financial achievements and expansion efforts, which support its robust market presence.
Historical Share Price Growth (2015 to Present)
Cords Cable has demonstrated steady growth over the past decade, reflecting the company’s resilience and adaptability in a competitive sector. Below is a summary of its historical share prices:
- 2015: ₹48
- 2016: ₹54
- 2017: ₹60
- 2018: ₹80
- 2019: ₹90
- 2020: ₹100
- 2021: ₹110
- 2022: ₹150
- 2023: ₹175
This upward trend illustrates the company’s growth in line with increasing demand across various industries.
Cords Cable Share Price Prediction: 2024 to 2030
Below is the forecast for Cords Cable’s share price from 2024 to 2030, factoring in anticipated industry growth and expansion strategies:
| Year | Predicted Share Price (INR) |
|---|---|
| 2024 | ₹213.29 |
| 2025 | ₹298.47 – ₹307.18 |
| 2026 | ₹340 |
| 2027 | ₹370 |
| 2028 | ₹400 |
| 2029 | ₹430 |
| 2030 | ₹460 |
These predictions reflect the potential for substantial growth, supported by the company’s ongoing expansion and favorable market dynamics.
Key Growth Factors for Cords Cable
- Growing Infrastructure Demand: Increased investment in urban and industrial infrastructure is expected to drive demand for Cords Cable’s products.
- Sector Diversification: The company’s expansion into sectors like power, telecom, and industrial markets diversifies its revenue streams.
- Commitment to Quality and Innovation: Investments in R&D ensure that Cords Cable remains competitive by delivering high-quality products that meet industry standards.
- Strong Financial Performance: The company’s consistent revenue growth, highlighted by a recent 27.9% increase in quarterly revenue, showcases its financial stability.
- Global Partnerships: International collaborations bolster Cords Cable’s market presence and enhance its competitiveness.
Conclusion: Cords Cable Share Price Outlook
In summary, Cords Cable’s share price target for 2025 is anticipated to be between ₹298.47 and ₹307.18. This reflects the company’s well-rounded growth strategy and its potential to benefit from an expanding cable and wire market. Investors may find Cords Cable appealing for long-term growth, though they should monitor market conditions and assess individual risk tolerance as part of their investment strategy.