Share of SRF Limited is currently trading at around Rs.2253/- Existing as well as prospective investors are asking for the SRF Share Price Target from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of SRF Limited and based on our discussion and analysis will tell you the SRF Share Price Target from 2023 to 2050.
Following are the frequently asked questions by the existing as well as prospective investors, about SRF Limited. We have provided answers to all these questions in this article:
- What is the target price of SRF?
- Is SRF a good buy for long term?
- Should I buy SRF share?
- Is SRF a good stock to buy?
- What is the future growth of SRF?
Discussion & Analysis of Business & Financial performance as well as future business prospects of SRF Limited:
SRF Limited is a leading diversified chemicals company in India, with a strong presence in the specialty chemicals, technical textiles, packaging films, and refrigerants businesses. The company has a global footprint, with operations in India, Thailand, and South Africa.
SRF is well-positioned to capitalize on the growing demand for specialty chemicals and technical textiles in India and other emerging markets. The company has a strong track record of innovation and product development, and it is investing heavily in expanding its capacity and reach.
Specialty Chemicals
The specialty chemicals market in India is expected to grow at a CAGR of 15-20% over the next five years, driven by increasing demand from industries such as pharmaceuticals, agrochemicals, electronics, and automotive. SRF is a major player in the specialty chemicals market, with a strong portfolio of products such as fluorochemicals, specialty polymers, and refrigerant gases.
The company is investing heavily in expanding its specialty chemicals capacity. It recently commissioned a new plant for polytetrafluoroethylene (PTFE), a high-performance polymer used in a wide range of industries. SRF is also expanding its capacity for chloromethane (CMS), a key raw material for PTFE.
Technical Textiles
The technical textiles market in India is expected to grow at a CAGR of 10-12% over the next five years, driven by increasing demand from sectors such as infrastructure, construction, and transportation. SRF is a global leader in technical textiles, with a wide range of products such as conveyor belts, geotextiles, and industrial fabrics.
The company is investing heavily in expanding its technical textiles capacity. It recently commissioned a new plant for conveyor belts in Thailand. SRF is also expanding its capacity for geotextiles and industrial fabrics in India.
Packaging Films
The packaging films market in India is expected to grow at a CAGR of 8-10% over the next five years, driven by increasing demand from the food and beverage, consumer goods, and pharmaceutical industries. SRF is a leading player in the packaging films market, with a wide range of products such as biaxially oriented polypropylene (BOPP) films, polyethylene terephthalate (PET) films, and polyester films.
The company is investing heavily in expanding its packaging films capacity. It is currently constructing a new BOPP line in India. SRF is also expanding its capacity for PET and polyester films.
Refrigerants
The refrigerants market in India is expected to grow at a CAGR of 5-7% over the next five years, driven by increasing demand from the air conditioning and refrigeration industries. SRF is a leading player in the refrigerants market, with a wide range of products such as chlorofluorocarbons (CFCs), hydrochlorofluorocarbons (HCFCs), and hydrofluorocarbons (HFCs).
The company is investing heavily in developing new refrigerants that are more environmentally friendly and energy-efficient. SRF is also expanding its capacity for HFCs and other new refrigerants.
Overall Outlook
The future business prospects of SRF Limited are very bright. The company is well-positioned to capitalize on the growing demand for specialty chemicals, technical textiles, packaging films, and refrigerants in India and other emerging markets. SRF is investing heavily in expanding its capacity and reach, and it has a strong track record of innovation and product development.
Key Growth Drivers
The following are some of the key growth drivers for SRF Limited in the future:
- Growing demand for specialty chemicals and technical textiles in India and other emerging markets
- Increasing investments in infrastructure, construction, and transportation
- Rising consumer spending and growing demand for packaged goods
- Increasing demand for environmentally friendly and energy-efficient refrigerants
Challenges
The following are some of the challenges that SRF Limited may face in the future:
- Intense competition from domestic and international players
- Rising raw material costs
- Fluctuations in currency exchange rates
- Regulatory challenges
Conclusion
Despite the challenges mentioned above, SRF Limited is well-positioned for future growth. The company has a strong track record, a diversified product portfolio, and a global footprint. SRF is also investing heavily in expanding its capacity and reach, and it is developing new products and technologies.
Share Price Targets:
SRF Share Price Target 2023
Based on the above discussion and analysis, the share price of SRF may touch the level of around Rs.2300-2500 in 2023.
SRF Share Price Target 2024
Based on the above discussion and analysis, the share price of SRF is likely to touch the level of around Rs.2550-2700 in 2024
SRF Share Price Target 2025
Based on the above discussion and analysis, the share price of SRF is likely to remain in the range of Rs.2750-2900 in 2025.
SRF Share Price Target 2026
Based on the above discussion and analysis, the share price of SRF may touch the level of around Rs.2950-3100 in 2026
SRF Share Price Target 2027
Based on the above discussion and analysis, the share price of SRF is likely to touch the level of around Rs.3150-3300 in 2027
SRF Share Price Target 2028
Based on the above discussion and analysis, the share price of SRF is likely to remain in the range of Rs.3350-3500 in 2028
SRF Share Price Target 2029
Based on the above discussion and analysis, the share price of SRF is likely to touch the level of around Rs.3550-3700 in 2029
SRF Share Price Target 2030
Based on the above discussion and analysis, the share price of SRF is likely to remain in the range of Rs.3750-4000 in 2030
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
Read Also:
KPIT Share Price Target 2023,2024, 2025 to 2030 – MoneyInsight
Also Read :
How to make money from share market? (indiatimes.com)
Visit our Website regularly for more such Educational Research Articles:
MoneyInsight – We Provide Insight to Your Money
9 thoughts on “SRF Share Price Target 2023,2024,2025 to 2030”