Globe Textile (India) Ltd – A textile company listed on NSE – GLOB name is give multi-year profit targets.
GLOBE Share Price Target for 2027
Let’s understand the fundamentals of this textile company profile.
How company perform and realise dividends to their investors.
Why Portfolio managers and SIP managers add Globe Textile (India) Ltd (NSE: GLOB) Share for their Portfolio?
Why Should you need to buy Amrutanjan Health Care Limited – GLOB Stock Script?
GLOB stock price have strong momentum now a days.
Also, GLOB share price is above short, medium and long term everages.
Share price shows highest recovery from 52 week low.
No threat for glob stock in near future for investments.
Company’s Core and Fundamental Values of Globe Textile (India) Ltd – (GLOB)
GTIL is one of Ahmedabad’s (Gujarat State, India) top ranked and highly reputed companies in the private sector with primary business forays in exporting fabrics.
GTIL operates a futuristic manufacturing facility of sheer production brilliance dedicated to garmenting for international customers in an Apparel Park.
Fundamental Analysis of Globe Textile (India) Ltd.
| Market Cap | ₹ 126.96Cr. |
| Current Price | ₹ 4.20 |
| 52-wk High | ₹4.91 |
| 52-wk Low | 1.72 |
| Stock P/E | 24.36 |
| P/B Value | 1.22 |
| Face Value | 2 |
| Dividend | 0 |
| Book Value | 3.45 |
| Revenue | |
| EPS | 0.17 |
| Sales Growth | 4.17 |
| ROE | 8.65 |
| ROCE | 11.47 |
| Debt | ₹ 105 Cr. |
| Debt to Equity | 1.94 |
| Profit Gwoth | -12.27% |
Globe Textile (India) Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2023 | 40.91% |
| FII Holding | |
| Dec 2023 | 0.00% |
| DII Holding | |
| Dec 2023 | 0.00% |
| Public Holding | |
| Dec 2023 | 59.09% |
| Others Holding | |
| Dec 2023 | 0.00% |
Globe Textile (India) Ltd – Last 5 Years Financial Conditions
Last 5 Years’ Sales:
| 2019 | ₹ 257 Cr |
| 2020 | ₹ 265 Cr |
| 2021 | ₹ 259 Cr |
| 2022 | ₹ 383 Cr |
| 2023 | ₹ 399 Cr |
| TTM | ₹ 438 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 4Cr |
| 2020 | ₹ 3 Cr |
| 2021 | ₹ 0 Cr |
| 2022 | ₹ 5 Cr |
| 2023 | ₹ 5 Cr |
| TTM | ₹ 5 Cr |
GLOB Share Price Target 2024 to 2050
| 2024 | 7.05 |
| 2025 | 8.70 |
| 2026 | 12.20 |
| 2027 | 15.75 |
| 2028 | 19.50 |
| 2029 | 24.40 |
| 2030 | 29.75 |
| 2035 | 33.05 |
| 2040 | 36.05 |
| 2045 | 41.35 |
| 2050 | 45.75 |
Fib Level Price Target for Longterm Investments
| 1 | ALL TIME LOW | 1.70 |
| 2 | TARGET-01 | 5.20 |
| 3 | TARGET-02 | 6.35 |
| 4 | TARGET-03 | 7.05 |
| 5 | TARGET-04 | 8.70 |
| 6 | TARGET-05 | 10.35 |
| 7 | TARGET-06 | 10.95 |
| 8 | TARGET-07 | 12.20 |
| 9 | TARGET-08 | 12.80 |
| 10 | ALL TIME HIGH | 15.75 |
Gann Squre of 9 Price Level for Profit Booking
| 1 | LEVEL-01 | 1.00 |
| 2 | LEVEL-02 | 2.85 |
| 3 | LEVEL-03 | 4.70 |
| 4 | LEVEL-04 | 6.55 |
| 5 | LEVEL-05 | 8.35 |
| 6 | LEVEL-06 | 10.20 |
| 7 | LEVEL-07 | 12.05 |
| 8 | LEVEL-08 | 13.90 |
| 9 | LEVEL-09 | 15.75 |
Summary
The GLOB has a strong degree of Operating leverage, Average Operating leverage stands at 5.71.
Note: Stopeloss is always your friend and put it wisly. Stoploss will protect you in any uncertain market moves. So, always consider stoploss as per your risk on capital and not stand again market.
Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. Dear readers, we had like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
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