The TRL Krosaki Refractories Limited Share Price has garnered significant interest from investors, thanks to its robust performance and strategic growth in the refractory sector. The company, a leader in manufacturing high-temperature-resistant materials, primarily serves the steel industry. This article outlines the company’s current share price, projected targets for 2025, and future predictions through 2030, while exploring key growth drivers.
Current Share Price of TRL Krosaki Refractories Limited
- Current Share Price: ₹2,300 per share (unlisted market)
- Market Capitalization: ₹3,730.65 Crores
- P/E Ratio: 23.57
- Dividend Yield: 1.26%
These metrics reflect TRL Krosaki’s strong financial position and market potential.
Historical Share Price Growth (2015 to Present)
The company has consistently demonstrated growth over the past decade:
- 2015: ₹850
- 2016: ₹1,050
- 2017: ₹1,300
- 2018: ₹1,500
- 2019: ₹1,700
- 2020: ₹1,850
- 2021: ₹2,000
- 2022: ₹2,150
- 2023: ₹2,300
This growth reflects TRL Krosaki’s ability to adapt and thrive in a competitive industry.
TRL Krosaki Refractories Limited Share Price Prediction: 2024 to 2030
Below is a detailed forecast for the company’s share price based on market trends and strategic initiatives:
| Year | Predicted Share Price (INR) |
|---|---|
| 2024 | ₹2,400 |
| 2025 | ₹2,600 |
| 2026 | ₹2,850 |
| 2027 | ₹3,100 |
| 2028 | ₹3,400 |
| 2029 | ₹3,700 |
| 2030 | ₹4,000 |
These projections suggest sustained growth, driven by expanding demand for refractories and the company’s operational efficiency.
Key Growth Factors for TRL Krosaki Refractories Limited
- Expanding Steel Industry: Steel accounts for 75% of refractory consumption, offering strong growth potential.
- Sustainability Focus: Introduction of green refractories and reduction in fuel consumption.
- Operational Efficiency: Cost control and productivity improvements.
- Market Expansion: New contracts with industry leaders like Tata Steel.
- Technological Advancements: Adopting advanced technologies in manufacturing.
Conclusion: TRL Krosaki Refractories Limited Share Price Outlook
The TRL Krosaki Refractories Limited share price target for 2025 is projected at ₹2,600, reflecting a strong upward trajectory. The company’s focus on innovation, sustainability, and market expansion positions it as a compelling investment opportunity. Investors should monitor its growth while considering industry risks and market dynamics.