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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comAgarwal Industrial Corporation Ltd is a well-known name in India’s bitumen manufacturing, storage, and logistics space. The company plays a crucial role in supporting road infrastructure development, supplying bitumen and bitumen-related products across the country.
With India’s continued focus on highway expansion, road connectivity, and infrastructure modernization, Agarwal Industrial Corporation Ltd (AICL) stands to benefit from long-term structural growth. In this article, we present a complete SEO-friendly analysis of Agarwal Industrial Corporation Ltd share price targets from 2026 to 2030, backed by current market data, fundamentals, and sector outlook.
| Detail | Value |
|---|---|
| Open | ₹687.65 |
| Previous Close | ₹698.10 |
| Day’s High | ₹698.10 |
| Day’s Low | ₹681.55 |
| VWAP | ₹688.02 |
| 52-Week High | ₹1,202.65 |
| 52-Week Low | ₹667.85 |
| All-Time High | ₹1,380.00 |
| All-Time Low | ₹43.95 |
| Market Capitalization | ₹1,030 Cr |
| Volume | 11,473 |
| Value (Lacs) | 79.03 |
| Face Value | ₹10 |
| Book Value Per Share | ₹438.89 |
| Dividend Yield | 0.48% |
| Beta | 1.26 |
Agarwal Industrial Corporation Ltd is primarily engaged in:
Manufacturing of bitumen and bitumen-related products
Bitumen storage and terminal operations
Logistics and supply chain solutions for infrastructure projects
The company benefits directly from government-led road construction projects, including national highways, expressways, and urban infrastructure development.
Strong presence in India’s road infrastructure supply chain
Integrated business model covering manufacturing, storage, and logistics
Consistent demand driven by government infrastructure spending
Healthy book value compared to current market price
Dividend-paying stock adding income stability
| Investor Type | Holding (%) |
|---|---|
| Promoters | 57.20% |
| Retail & Others | 37.75% |
| Foreign Institutions | 5.05% |
| Other Domestic Institutions | 0.01% |
High promoter holding reflects management confidence in long-term business prospects.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 820 | 900 |
| 2027 | 900 | 1,020 |
| 2028 | 1,020 | 1,150 |
| 2029 | 1,150 | 1,300 |
| 2030 | 1,300 | 1,450 |
These projections consider infrastructure demand, earnings growth, and valuation normalization over the long term.
By 2026, stable road construction activity and improved capacity utilization may drive earnings growth.
Growth Drivers
Government focus on highway and expressway expansion
Rising demand for bitumen products
Improved logistics efficiency
Investment View: Suitable for medium-term investors tracking infrastructure growth.
2027 may reflect improved margins and steady revenue growth.
Growth Drivers
Higher execution of road projects
Operational efficiencies across terminals
Stable raw material sourcing
Investment View: Positive outlook with moderate volatility.
By 2028, AICL could benefit from scale advantages and long-term contracts.
Growth Drivers
Expansion of storage and distribution capacity
Increased government infrastructure budgets
Consistent cash flow generation
Investment View: Attractive for investors seeking infrastructure-linked exposure.
As infrastructure demand matures, valuation multiples may expand gradually.
Growth Drivers
Long-term road maintenance demand
Strong balance sheet support
Stable dividend payouts
Investment View: Favorable for long-term portfolio allocation.
By 2030, the company could emerge as a key infrastructure material supplier with consistent profitability.
Growth Drivers
Sustained national infrastructure development
Strong execution track record
Increasing return ratios
Investment View: Ideal for long-term investors with patience.
Agarwal Industrial Corporation Ltd is a fundamentally strong infrastructure-linked stock, benefiting from India’s long-term development roadmap.
Direct beneficiary of road infrastructure growth
High promoter holding and dividend payout
Strong book value support
Dependence on government infrastructure spending
Volatility in crude oil and bitumen prices
Project execution delays
Agarwal Industrial Corporation Ltd is well-positioned to benefit from India’s multi-year infrastructure expansion cycle. With stable demand, solid fundamentals, and promoter confidence, the stock offers long-term compounding potential.
Based on current trends and sector outlook, Agarwal Industrial Corporation Ltd share price could reach ₹1,300–₹1,450 by 2030, making it a promising pick for investors seeking infrastructure-driven growth.
1. What is the current share price of Agarwal Industrial Corporation Ltd?
It is trading around ₹680–₹700 as per recent market data.
2. What is the expected share price target for 2026?
The projected range for 2026 is ₹820 to ₹900.
3. Is Agarwal Industrial Corporation Ltd good for long-term investment?
Yes, it offers long-term potential linked to infrastructure growth, with moderate risk.
4. What is the share price target for 2030?
The expected target range for 2030 is ₹1,300 to ₹1,450.
5. What factors influence the stock price the most?
Infrastructure spending, bitumen demand, crude oil prices, and execution efficiency.
Disclaimer: This article is for educational purposes only and should not be considered financial advice. Please consult a certified financial advisor before making any investment decisions.
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