By [Pradeep Saran]
October 13, 2024
Kross Limited, a rapidly emerging player in the automotive industry, specializes in manufacturing trailer axles and suspension systems for medium and heavy commercial vehicles (M&HCVs) and agricultural machinery. With its operations beginning in 2019, the company has gained a strong reputation for innovation, product quality, and customer satisfaction. Investors are keenly watching Kross Ltd’s share price as it approaches its IPO, which promises exciting opportunities for growth in the near future.
https://www.krosslimited.com/Discover Kross Ltd’s share price target for 2024, 2025, 2030, 2035, 2040, and 2050. Learn about its products, competitors, future plans, and risk factors. Get detailed price predictions for each year.
Kross Ltd Overview
Kross Limited is a key player in the automotive components sector, offering cutting-edge solutions for the trailer and suspension systems used in commercial vehicles and agricultural equipment. The company’s client base includes over 200 original equipment manufacturers (OEMs), and its commitment to high standards and technology-driven production has propelled its rapid growth. With multiple state-of-the-art production facilities, Kross Ltd ensures top-quality manufacturing processes and operational efficiency.
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Kross Ltd Share Price Target (2024-2050)
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2024 | ₹245 | ₹360 |
| 2025 | ₹920 | ₹1,520 |
| 2030 | ₹2,050 | ₹5,100 |
| 2035 | ₹3,500 | ₹6,200 |
| 2040 | ₹5,500 | ₹8,300 |
| 2050 | ₹7,500 | ₹10,500 |
Summary for Kross Ltd Share Price Target (2024-2050)
- 2024: Kross Ltd’s share price is expected to range between ₹245 and ₹360, driven by strong demand for its products post-IPO. The company’s innovation in the automotive sector is set to fuel this growth.
- 2025: The Kross Ltd Share Price Target for 2025 ranges between ₹920 and ₹1,520. This increase is expected as Kross Ltd expands production capabilities and meets the growing demand from OEMs in the automotive sector.
- 2030: By 2030, the share price is predicted to range between ₹2,050 and ₹5,100, as Kross Ltd establishes itself as a leading manufacturer of automotive components both locally and globally.
- 2035: The share price target for 2035 is expected to be between ₹3,500 and ₹6,200, reflecting continued international expansion and innovations in its product range.
- 2040: In 2040, Kross Ltd’s share price is forecasted between ₹5,500 and ₹8,300, driven by the company’s global market leadership and technological advancements.
- 2050: By 2050, Kross Ltd’s share price is projected to range between ₹7,500 and ₹10,500, benefiting from sustained growth in the automotive components sector and future technological innovations.
Kross Ltd Share Price Target 2024
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2024 | ₹245 | ₹360 |
Summary for 2024
In 2024, Kross Ltd’s share price is expected to range between ₹245 and ₹360, driven by strong demand for its products post-IPO. With the company gaining visibility and expanding its market reach, investors are likely to see steady growth.
Kross Ltd Share Price Target 2025
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2025 | ₹920 | ₹1,520 |
Summary for 2025
By 2025, the Kross Ltd Share Price Target is projected to reach between ₹920 and ₹1,520. As the company enhances its production capacity and expands its client base, sales and profitability are expected to rise significantly, leading to substantial stock growth.
Kross Ltd Share Price Target 2030
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2030 | ₹2,050 | ₹5,100 |
Summary for 2030
The Kross Ltd Share Price Target for 2030 is forecasted to be between ₹2,050 and ₹5,100. As Kross Ltd remains a market leader in the automotive components sector, continuous product innovation and global expansion will drive this growth.
Kross Ltd Share Price Target 2035
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2035 | ₹3,500 | ₹6,200 |
Summary for 2035
In 2035, Kross Ltd’s share price could rise between ₹3,500 and ₹6,200. The company’s strong international presence and continued technological advancements in the automotive sector will contribute to this growth.
Kross Ltd Share Price Target 2040
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2040 | ₹5,500 | ₹8,300 |
Summary for 2040
By 2040, the Kross Ltd Share Price Target is expected to range from ₹5,500 to ₹8,300. The company’s commitment to sustainable practices and advanced manufacturing processes will position it for long-term success.
Kross Ltd Share Price Target 2050
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2050 | ₹7,500 | ₹10,500 |
Summary for 2050
In 2050, Kross Ltd could see its share price climb between ₹7,500 and ₹10,500. The company’s leadership in the global automotive components market and its ability to adapt to changing technologies will ensure sustained growth.
Products and Services
Kross Ltd specializes in manufacturing:
- Trailer axles for commercial vehicles
- Suspension systems for M&HCVs
- Agricultural machinery components
The company’s product range is built on the principles of durability, efficiency, and safety, ensuring top-tier performance for its clients.
Future Plans of Kross Ltd
Kross Ltd aims to strengthen its position as a leader in the automotive components industry by expanding its production capabilities, improving operational efficiency, and entering new international markets. The company also plans to invest in research and development to innovate further and meet the evolving demands of the global automotive sector. A portion of the IPO proceeds will be used to enhance its manufacturing infrastructure and settle existing debts, ensuring stronger financial stability.
Profit and Loss Summary
| Period | Total Income (₹ Crores) | Net Profit (₹ Crores) |
|---|
| Quarter Ended 2024 | ₹146.71 | ₹7.66 |
| Year Ended June 2024 | ₹146.71 | ₹7.66 |
Kross Ltd reported a net profit of ₹7.66 crores on a total income of ₹146.71 crores for both the quarter and the year ending June 2024. This indicates consistent financial performance, positioning the company well for further growth as it continues to expand its market presence.
Fundamental
Risk Factors
- Customer Concentration: A large portion of Kross Ltd’s revenue comes from a few key clients, making it vulnerable to any disruptions in those relationships.
- Raw Material Prices: Fluctuations in the cost of raw materials, especially steel, could impact profitability.
- Competition: Kross Ltd faces stiff competition from established players in the automotive components sector, both domestically and internationally.
- Economic Cycles: The company’s performance is closely tied to the automotive industry, which is cyclical and subject to economic downturns.
Competitors
- Samvardhana Motherson International Ltd
- Bosch Ltd
- Schaeffler India Ltd
- Sundaram Clayton Ltd
- JBM Auto Ltd
Pros and Cons
Pros:
- Strong market position in the automotive components industry
- Impressive financial growth and profitability
- Long-term contracts with major OEMs
Cons:
- Dependency on a few key customers
- Vulnerability to raw material price fluctuations
- High competition in the automotive components space
FAQs
What is the Kross Ltd IPO price range?
The Kross Ltd IPO price range is set between ₹228 and ₹240 per share.
When will Kross Ltd be listed on the stock market?
Kross Ltd is expected to list on the stock market on September 16, 2024.
What are Kross Ltd’s main products?
Kross Ltd specializes in manufacturing trailer axles and suspension systems for commercial vehicles and agricultural machinery.
What is the future potential of Kross Ltd’s stock?
Kross Ltd has strong potential for growth, driven by its expanding product portfolio and international presence.
What risks should investors consider before investing in Kross Ltd?
Investors should be aware of risks like raw material price volatility, customer concentration, and competition.
How will Kross Ltd utilize IPO funds?
A significant portion of the IPO funds will be used to enhance production capabilities and settle debt.
What is Kross Ltd’s revenue growth in recent years?
Kross Ltd’s revenue grew from ₹550 crores in 2023 to ₹620 crores in 2024, a sign of strong market demand.
Conclusion
Kross Ltd presents a promising investment opportunity with its strong financial growth, innovative product range, and expansion plans. However, investors should weigh the risks, such as customer concentration and competition, before making any decisions. As the company moves towards its IPO and expands globally, it is well-positioned for long-term success in the automotive components sector.
Disclaimer: This forecast is based on available information and analysis. Actual stock prices can be influenced by various factors, including geopolitical events, unforeseen circumstances, and changes in market sentiment. It is essential to conduct thorough research and consider multiple factors before making any investment decisions.
Alert: This is just an estimate that the share target of Kross Ltd’s can be this much. If you want to invest then talk to an advisor and then invest. www.Homedecore24.com/Finance will not take any responsibility if your money is lost. Please invest money at your own risk.
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