Carraro India Share Price Target: Carraro India, a auto ancillary company, started its manufacturing journey with transmission and axles. The company specialises in complex engineering products and solutions for customers.
It has a large customer base of globally and domestic original equipment manufacturers.
This article will also discuss Carraro India Share Price Target 2025,2026,2027,and 2030.
Let’s begin to explore!
Carraro India Share Price Target: Market Overview
- Open : Rs 645.10
- Today’s High 646.70
- Today’s Low 628.00
- Previous Close: Rs 647.95
- 52-Week High: Rs 692.40
- 52-Week Low: Rs 622.45
- Volume : 143,281
- V WAP : 910.34
- All-Time High Rs 692.40
- All-Time Low Rs 622.45
- Upper Circuit; Rs 777.50
- Lower Circuit : Rs 518.40
- Book Value: 67.75 per share
- Face Value : ₹ 10.00
- Market Cap: ₹ 3,612 crore
Carraro India Share Price Target 2025 to 2030
Carraro India Share Price Target Year | Min. Est. Target | Max. Est Target |
2025 | 720 | 780 |
2026 | 860 | 940 |
2027 | 1050 | 1120 |
2028 | 1260 | 1350 |
2029 | 1500 | 1600 |
2030 | 1950 | 2060 |
Carraro India Shareholding: Reports
Carraro India Shareholding Ownership:
- Retail Investors 10.61%
- Promoters 68.77%
- Domestic Institutional Investors 17.09%
- Foreign Institutional Investors 3.52%
Also Read: Mamata Machinery share Price Target
About Carraro India Ltd.
Established in 1997, Carraro India Ltd. engaged in manufacturing high standard products for various industries and focused on production of transmission systems, like axles, drives and transmission for vehicles basically used in agriculture and construction segments.
The company also makes available a variety of gears tailored for multiple segments such as trucks, automotive, and agriculture equipment.
Carraro India Financial Overview
In the financial front, Carraro India posted profit after tax jumped 29.44 percent from Rs 46.80 crore in FY23 to Rs 60.58 crore in FY24 fueled by significant financial growth.
Whereas, the company’s revenue from operation increased by 4.44 percent from Rs 1,695.12 crore in FY23 to Rs 1,770.45 crore in FY24, marking a modest rise.
Carraro India: Conclusion
Carraro India, offers high quality agricultural equipment and construction components, diversified products offering.
Looking for solid growth opportunities in the long run, consider diversifying their portfolio to avoid volatility in typically newly listed companies like Carraro India.