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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comMunjal Auto Industries Ltd, part of the Hero Group, is a leading manufacturer of exhaust systems, sheet metal components, and other critical parts for two-wheelers and four-wheelers. With India’s automobile sector growing at a rapid pace, Munjal Auto has positioned itself as a strong player in the auto ancillary industry. In this article, we will explore the company’s share price forecast from 2025 to 2030 along with investment insights.
Let’s take a closer look at its current performance, business fundamentals, and future prospects.
| Detail | Value |
|---|---|
| Open | ₹88.30 |
| Previous Close | ₹88.49 |
| Day’s High | ₹93.80 |
| Day’s Low | ₹87.20 |
| Volume | 6,23,384 |
| Value (Lacs) | ₹568.21 |
| VWAP | ₹90.46 |
| Market Capitalization | ₹911 Cr |
| Beta (Volatility) | 1.57 |
| Face Value | ₹2 |
| Dividend Yield | 1.10% |
| Book Value per Share | ₹41.07 |
| 52-Week High | ₹145.70 |
| 52-Week Low | ₹60.52 |
| All-Time High | ₹145.70 |
| All-Time Low | ₹2.43 |
Munjal Auto Industries Ltd is one of the largest manufacturers of exhaust systems for motorcycles and scooters in India. Being a part of the Hero Group, the company benefits from long-term partnerships with Hero MotoCorp and other leading OEMs.
Strong parentage from the Hero Group
Consistent supplier to leading automobile manufacturers
Diversified product portfolio (exhaust systems, wheels, sheet metal)
Stable dividend history with a 1.10% yield
Focus on technology upgrades and automation
| Investor Type | Holding (%) |
|---|---|
| Promoters | 74.81% |
| Retail & Others | 25.06% |
| Foreign Institutions | 0.11% |
| Mutual Funds | 0.02% |
| Other Domestic Institutions | 0.01% |
This high promoter holding reflects strong confidence in the company’s long-term prospects.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 95 | 110 |
| 2026 | 115 | 130 |
| 2027 | 135 | 155 |
| 2028 | 160 | 180 |
| 2029 | 185 | 210 |
| 2030 | 220 | 250 |
In 2025, Munjal Auto is expected to maintain stable performance with steady demand from Hero MotoCorp and other OEMs.
Why?
Strong domestic two-wheeler demand
Improved capacity utilization
Good dividend support
Investment Advice: A good option for small-cap investors seeking steady growth.
By 2026, the company may expand margins due to operational efficiency and better raw material cost management.
Why?
Stable supply chain post-2025
Demand recovery in export markets
Better EPS growth
Investment Advice: Hold for mid-term; consider SIP mode for accumulation.
2027 may bring stronger earnings as India’s auto sector grows rapidly.
Why?
Rising EV adoption and need for advanced components
Strong client base ensures business continuity
Investment Advice: Reinvest dividends for long-term wealth creation.
The stock may cross ₹160 by 2028 with consistent sales growth.
Why?
Auto industry expansion with government infra push
Focus on modernization and R&D
Investment Advice: Suitable for medium- to long-term investors.
By 2029, Munjal Auto is likely to benefit from higher exports and better industry demand.
Why?
Strategic tie-ups with OEMs
Better profitability and debt control
Investment Advice: Strong candidate for portfolio diversification.
By 2030, the company may achieve multi-year highs if demand sustains.
Why?
Expanding product range and new technologies
Strong Hero Group backing
Robust financials and healthy dividend payouts
Investment Advice: Good pick for long-term wealth creation.
Yes. Munjal Auto is a small-cap growth stock with strong fundamentals and backing from the Hero Group.
High promoter holding ensures confidence
Stable dividend-paying history
Consistent demand from Hero MotoCorp
Growing Indian automobile sector
High dependence on Hero MotoCorp
Volatility in raw material prices
Global slowdown in auto exports
Munjal Auto Industries Ltd is a promising auto ancillary company with solid fundamentals. With a current market price of around ₹88.30, analysts expect the stock to gradually climb and potentially reach ₹250 by 2030.
For investors looking for steady growth, dividends, and exposure to India’s automobile growth story, Munjal Auto can be a suitable long-term pick.
1. What is the next target of Munjal Auto stock?
The next short-term target is between ₹95 and ₹110 in 2025.
2. Is Munjal Auto a good buy right now?
Yes, for long-term investors, as the stock is trading below its 52-week high.
3. What is the future outlook of Munjal Auto?
With steady demand from Hero MotoCorp and the growing auto industry, the outlook is positive.
4. What will be the share price target for 2025?
Analysts expect ₹95 – ₹110 in 2025.
5. What is the 52-week high and low of Munjal Auto?
The 52-week high is ₹145.70, and the low is ₹60.52.
6. Is Munjal Auto a dividend-paying company?
Yes, it has a dividend yield of 1.10%.
7. What is the promoter holding in Munjal Auto?
Promoters hold 74.81%, indicating strong confidence.
8. Can Munjal Auto reach ₹200?
Yes, it is projected to reach ₹200+ by 2029.
9. Is Munjal Auto a safe stock for beginners?
Yes, it can be considered safe for beginners with a long-term view.
10. Where is Munjal Auto listed?
It is listed on both NSE and BSE.
???? Disclaimer: This article is for educational purposes only. Please consult a financial advisor before making investment decisions.
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