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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comIgarashi Motors Ltd is a niche player in the electric motors segment, supplying precision-engineered motors primarily to the automotive, two-wheeler, and industrial applications space. The company is part of the broader auto-ancillary ecosystem and stands to benefit from long-term trends such as vehicle electrification, automation, and rising demand for energy-efficient motors.
Despite recent price corrections from its all-time highs, Igarashi Motors continues to attract attention due to its high promoter holding, specialized product portfolio, and exposure to global OEMs. In this article, we analyze Igarashi Motors Ltd share price targets from 2026 to 2030 using current market data, business fundamentals, shareholding pattern, and sector outlook.
| Detail | Value |
|---|---|
| Open | ₹401.70 |
| Previous Close | ₹400.70 |
| Day’s High | ₹401.70 |
| Day’s Low | ₹388.00 |
| VWAP | ₹393.16 |
| 52-Week High | ₹685.05 |
| 52-Week Low | ₹354.30 |
| All-Time High | ₹1,000.83 |
| All-Time Low | ₹8.72 |
| Market Capitalization | ₹1,247 Cr |
| Volume | 24,173 |
| Value (Lacs) | ₹95.77 |
| 20D Avg Volume | 59,136 |
| 20D Avg Delivery (%) | 43.78% |
| Face Value | ₹10 |
| Book Value Per Share | ₹147.65 |
| Dividend Yield | 0.63% |
| Beta | 1.67 |
| UC Limit | ₹480.80 |
| LC Limit | ₹320.60 |
Igarashi Motors Ltd is engaged in the manufacturing of small electric motors used across:
Two-wheelers and passenger vehicles
Automotive actuators and assemblies
Industrial and engineering applications
The company operates in a technology-driven niche, where quality, precision, and long-term OEM relationships play a crucial role. With the gradual shift toward electric mobility and higher automation in vehicles, demand for specialized motors is expected to grow steadily over time.
Strong promoter holding indicating long-term commitment
Specialized expertise in precision electric motors
Exposure to global and domestic automotive OEMs
High entry barriers due to engineering complexity
Beneficiary of long-term EV and automation trends
Electric and hybrid vehicles require higher motor content per vehicle
Automation in automobiles is increasing demand for actuators and motor-driven components
Auto-ancillary companies with niche capabilities often see margin expansion during upcycles
Higher beta reflects greater volatility but also higher upside potential during growth phases
| Investor Category | Holding (%) |
|---|---|
| Promoters | 75.00% |
| Retail & Others | 22.77% |
| Other Domestic Institutions | 1.39% |
| Mutual Funds | 0.74% |
| Foreign Institutions | 0.10% |
High promoter ownership reflects confidence, though relatively low institutional holding indicates limited coverage and liquidity.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 520 | 600 |
| 2027 | 620 | 720 |
| 2028 | 750 | 880 |
| 2029 | 900 | 1,050 |
| 2030 | 1,100 | 1,300 |
These projections consider recovery from recent corrections, long-term EV adoption, margin improvement, and sustained demand from the auto sector.
By 2026, normalization of auto demand and improved order inflow could support earnings recovery.
Growth Drivers
Revival in two-wheeler and passenger vehicle demand
Stable export orders
Better operating leverage
Investment View
Suitable for medium-term investors with moderate-to-high risk appetite.
In 2027, rising automation and EV-related components may start contributing more meaningfully.
Growth Drivers
Higher motor content per vehicle
Improved capacity utilization
Better cost management
Investment View
Attractive for investors seeking exposure to auto-ancillary growth.
By 2028, valuation re-rating may occur as earnings visibility improves.
Growth Drivers
EV penetration gains momentum
Strong OEM relationships
Consistent profitability growth
Investment View
Good for investors looking for niche manufacturing plays.
With sustained sector tailwinds, the stock could witness strong compounding.
Growth Drivers
Increased automation in vehicles
Stable export demand
Margin expansion potential
Investment View
Favors investors holding through volatility for long-term gains.
By 2030, Igarashi Motors could emerge as a key beneficiary of India’s EV and advanced auto-components ecosystem.
Growth Drivers
Structural EV growth
Higher value-added motor solutions
Strong long-term OEM partnerships
Investment View
High-risk, high-reward opportunity for long-term wealth creation.
Igarashi Motors Ltd is a niche auto-ancillary stock with strong promoter backing and exposure to long-term electrification and automation trends. While the stock is volatile (high beta), it offers significant upside potential if sector growth and execution remain strong.
EV and automation tailwinds
High promoter commitment
Specialized product portfolio
Long-term OEM relationships
High price volatility
Dependence on auto sector cycles
Low institutional participation
Global slowdown impacting auto demand
Regular monitoring of quarterly results and auto sector trends is essential.
Igarashi Motors Ltd represents a high-beta, niche manufacturing opportunity within India’s evolving auto-ancillary and EV ecosystem. While short-term fluctuations are expected, the company’s long-term prospects remain promising. Based on current trends and assumptions, the share price could range between ₹1,100 and ₹1,300 by 2030.
This stock is best suited for investors with long-term vision and high risk tolerance.
1. What is the current share price of Igarashi Motors Ltd?
It is around ₹400–₹405 based on the latest provided data.
2. What is the share price target for 2026?
The estimated range is ₹520 to ₹600.
3. Is Igarashi Motors Ltd a good long-term investment?
Yes, for investors comfortable with volatility and focused on EV and auto-ancillary growth themes.
4. What is the share price target for 2030?
The projected range is ₹1,100 to ₹1,300.
5. What factors influence the stock price most?
Auto sector demand, EV adoption, operating margins, OEM order flow, and overall market sentiment.
Disclaimer: This article is for educational purposes only and not investment advice. Please consult a certified financial advisor before making any investment decisions.
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