This post predicts Daawat share price for the next 10 years. The current price of daawat share is 189.75 INR INR. The price of its shares could go up to ₹ ₹199.12 in the next year. If we look further into the future, the price could rise to ₹238.27 in 5 years and ₹₹370.13 in 10 years, based on current trends.
Daawat share price Target
LT Foods is a major food industry company known for selling rice worldwide. In India, their rice is sold under the ‘Daawat’ brand, while in North America, it’s known as ‘Royal’. The company is owned 51% by promoters and 49% by the public, including mutual funds, foreign investors, and retail investors.
Founded in 1990 by Surendra Arora, LT Foods initially operated on a medium scale. Over the years, it has grown significantly, especially with the launch of ‘Daawat’ Basmati Rice. Today, LT Foods holds a substantial market share in the US rice market.
The company offers a wide range of rice varieties and has several well-known brands like Daawat, Royal, Devaaya, and Kari Kari. In 2022, LT Foods acquired a 51% stake in Golden Star Company, famous for its Jasmine Rice. The majority of LT Foods’ revenue comes from the USA and India. We will provide detailed information about the LT foods Daawat expected Share price in the coming years.
LT Foods (Daawat) Share Price Target 2024, 2025, 2026,2027, 2028, 2029,2030, 2035
LT Foods (Daawat) Share Price | Price |
LT Foods (Daawat) Share Price Target 2024 | ₹191.75 |
LT Foods (Daawat) Share Price Target 2025 | ₹199.12 |
LT Foods (Daawat) Share Price Target 2026 | ₹220.38 |
LT Foods (Daawat) Share Price Target 2027 | ₹231.50 |
LT Foods (Daawat) Share Price Target 2028 | ₹238.27 |
LT Foods (Daawat) Share Price Target 2029 | ₹246.18 |
LT Foods (Daawat) Share Price Target 2030 | ₹259.00 |
LT Foods (Daawat) Share Price Target 2035 | ₹370.13 |
LT Foods (Daawat) Share Price Target 2024
LT Foods, a well-known brand in India, is successfully expanding its business to over 65 countries. The company’s highest revenue comes from the USA and India, contributing 36% and 32%, respectively. LT Foods plans to expand rapidly to new countries in the coming years to increase its revenue. They will tailor their marketing strategies to different regions as they expand globally. As the company grows, the share price of LT Foods (Daawat) is expected to rise, with a first target of ₹191.75 and a second target of Rs ₹205.75 by the end of 2024.
LT Foods (Daawat) Share Price Target 2025
LT Foods has a strong distribution network across India, with its products available in small shops, malls, and over 15,000 retail outlets. The company is also expanding its online presence. As it enters new markets using various distribution channels, its sales are expected to increase significantly. As the distribution network strengthens, the share price of LT Foods (Daawat) could offer high returns in 2025, with an initial target of ₹199.12 and a subsequent target of ₹220.12
LT Foods (Daawat) Share Price Target 2026
LT Foods is seeing a yearly increase in product demand worldwide. To meet this, they are boosting their production capacity. They operate top-quality factories in India, Europe, and America. As product demand is expected to rise, the company plans to further increase production and set up new facilities. This will help them meet market demands efficiently. As they cater to this growing demand, LT Foods’ share price could yield good returns in 2026, with a first target of ₹220.38 and a subsequent target of ₹250.38
LT Foods (Daawat) Share Price Target 2027
In 2027 we may see LT Foods one share value may hit ₹231.50.
LT Foods (Daawat) Share Price Target 2027 | ₹231.50 |
LT Foods (Daawat) Share Price Target 2028
LT Foods share price target in 2028 is expected to be ₹238.27 .
LT Foods (Daawat) Share Price Target 2028 | ₹238.27 |
LT Foods (Daawat) Share Price Target 2029
LT Foods share price target in 2029 is expected to be ₹246.18
LT Foods (Daawat) Share Price Target 2029 | ₹246.18 |
LT Foods (Daawat) Share Price Target 2030
Expect LT Foods one share price to cost ₹259.00 in 2030. LT Foods is focusing on organic growth and acquisitions to expand its operations. It’s gaining popularity in India and has bought several small businesses related to its field. It’s also working to introduce new products based on customer needs and market trends. With these changes we can expect growth for sure. As living standards rise, more consumers are attracted to branded products, which could benefit LT Foods due to its strong brand portfolio.
LT Foods (Daawat) Share Price Target 2030 | ₹259.00 |
LT Foods (Daawat) Share Price Target 2035
LT Foods (Daawat) Share Price Target 2035 | ₹370.13 |
Disclaimer
We strongly advise you not to base your investments on the target prices mentioned on this website. These prices are just predictions, and investing in the stock market always carries a risk. The information on this site is for informational and educational purposes only and should not be considered as financial advice or stock. All investments can result in either profits or losses, and nothing is guaranteed. Even though this information is for informational purposes, we are not responsible for any financial loss you might incur through the information on this site. Always conduct your own research before making any investment.