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Kritika Wires Limited, founded in 2004 in Kolkata, West Bengal, has been a key player in India's Kritika Wires manufacturing industry. while its Share Prices haven’t shown a long history on the stock exchange. In this article, we will try to figure out the factors impacting the Kritika Wires Share Price Target 2025 and beyond. Additionally, we will review Kritika Wires Financials performance over the past few years to provide investors with important details of the steel wire manufacturing.
Table of Contents
Latest news
Kritika Wires reported a 12.77% increase for the December 2024 quarter, showcasing positive growth in its financial performance.
About Kritika Wires Ltd.
Kritika Wires Limited was established in 1994, with a vision to produce high-quality electrical wires and cables for residential, commercial, and industrial use. Starting with modest beginnings, the company steadily gradually expanded its product range and services over the years. Today, it is recognized as a major player in the industry. The company's growth has been driven by adopting advanced technology or setting up new manufacturing units.
Company Name |
Kritika Wires Ltd. |
Founded |
2004 |
Headquarters |
West Bengal |
Industry |
Industrial Steel & Galvanized Wire |
Owner |
Naresh Kumar Agarwal |
Kritika Wires Share Price Target 2025
Explore Kritika Wires' share price target for 2025 with monthly projections. The maximum target ranges from ₹30.70 in January to ₹44.71 in December, while the minimum target starts at ₹8.78 and increases to ₹18.75 by December.
Month (2025) | Maximum Target | MinimumTarget |
January | Rs 30.70 | Rs 8.78 |
February | Rs 32.61 | Rs 9.82 |
March | Rs 32.34 | Rs 9.79 |
April | Rs 34.00 | Rs 10.79 |
May | Rs 35.95 | Rs 11.44 |
June | Rs 36.10 | Rs 12.48 |
July | Rs 37.16 | Rs 13.33 |
August | Rs 38.67 | Rs 14.55 |
September | Rs 39.37 | Rs 15.60 |
October | Rs 40.45 | Rs 16.50 |
November | Rs 42.45 | Rs 17.70 |
December | Rs 44.71 | Rs 18.75 |
Kritika Wires Share Price Target 2026 to 2030
Discover Kritika Wires' share price targets from 2026 to 2030. The maximum target ranges from ₹58.07 in 2026 to ₹115.70 in 2030, while the minimum target varies from ₹23.82 in 2026 to ₹45.06 in 2030.
Year | Maximum Target | MinimumTarget |
2026 | Rs 58.07 | Rs 23.82 |
2027 | Rs 73.21 | Rs 28.44 |
2028 | Rs 87.00 | Rs 35.50 |
2029 | Rs 99.67 | Rs 40.61 |
2030 | Rs 115.70 | Rs 45.06 |
Kritika Wires LTD Competitors (Market Cap: 523 crores INR)
- Usha Martin Market Cap: 11,273 cr INR
- Rajratan Global Market Cap: 2,853 cr INR
- Bharat Wire Ropes Market Cap: 1,851 cr INR
- Bedmutha Industries Market Cap: 778 cr INR
Points to consider before investing in Kritika Wires NSE Stock
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Kritika Wires Limited operates in the steel industry, offering various types of steel wires. The competition in the steel wire industry, which includes products like wire ropes, mechanical cables, and miniature cables, gives Kritika Wires the opportunity to make a strong impact by achieving small goals and growing its business.
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Currently major competitors like USHA Martin, Rajratan Global, and Bharat Wire Ropes are ahead of Kritika Wires in terms of market value and business strength. These companies have strong financials creating a highly competitive market for Kritika Wires.
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Investors can expect better returns from Kritika Wires in the coming months. However as a penny stock it comes with challenges and risks due to the volatility of the share market. Penny stocks like KRITIKA NSE, tend to fluctuate greatly requiring investors to be patient and hold onto their investments for long-term gains.
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Financially, Kritika Wires has performed well in recent years, showing a 55.30% increase in revenue and a 73.76% rise in net income, reaching ₹4.38B in revenue and ₹104.01M in net income in FY2024.
Conclusion - Kritika Wires Share
Kritika Wires has been listed on the National Stock Exchange for just over two years, showing impressive growth. The stock started at ₹4.68 per share in May 2022 and is now nearing ₹20 per share, moving out of the penny stock category. While it has potential and could be an attractive option for investors, it’s still considered a penny stock, which carries some risk. Therefore, it’s important to approach investments carefully and seek expert advice before making any large investments. India Property Dekho suggests doing thorough research before investing.
Disclaimer:
- The information is based on our understanding of the stock's historical performance.
- Stock market predictions are unpredictable and can change, so expert advice is strongly recommended before investing.
- The values provided are based on predictions and may not be accurate, we recommend verifying the information with other sources.
- For further inquiries about the stock market, please contact us via email.