F-14/15, Orbit Mall, Civil Lines, Jaipur-302006
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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comTirupati Forge Ltd is a small-cap auto ancillary company engaged in the manufacturing of forged and machined components used across automobiles, tractors, railways, and industrial machinery. With India witnessing steady growth in infrastructure, automobile production, and capital goods demand, forging companies like Tirupati Forge are positioned to benefit from long-term industrial expansion.
In this article, we provide a detailed analysis of Tirupati Forge Ltd share price targets from 2026 to 2030, based on the latest stock data, fundamentals, shareholding pattern, and sector outlook—using the Eternal (Zomato) Ltd blog style as reference while keeping the analysis fresh and original.
| Detail | Value |
|---|---|
| Open | ₹36.70 |
| Previous Close | ₹35.66 |
| Day’s High | ₹37.48 |
| Day’s Low | ₹35.61 |
| VWAP | ₹36.56 |
| 52-Week High | ₹49.50 |
| 52-Week Low | ₹28.21 |
| All-Time High | ₹72.88 |
| All-Time Low | ₹3.81 |
| Market Capitalization | ₹443 Cr |
| Volume | 2,89,840 |
| Value (Lacs) | 104.11 |
| 20D Avg Volume | 3,89,330 |
| 20D Avg Delivery (%) | 53.04% |
| Face Value | ₹2 |
| Book Value Per Share | ₹9.18 |
| Beta | 1.06 |
| UC Limit | ₹42.79 |
| LC Limit | ₹28.53 |
A delivery percentage above 50% suggests accumulation by long-term investors rather than short-term traders.
Tirupati Forge Ltd operates in the forging and machining segment, supplying components to automotive OEMs, tractor manufacturers, railways, and industrial equipment companies. The company benefits from India’s growing emphasis on manufacturing, infrastructure development, and the “Make in India” initiative.
Its business focus includes:
Forged and machined components
Auto and tractor segment supplies
Industrial and infrastructure-linked products
Exposure to automobile and tractor manufacturing growth
Beneficiary of infrastructure and railways expansion
Improving delivery-based investor interest
Balanced promoter–public shareholding
Small-cap valuation with re-rating potential
| Investor Type | Holding (%) |
|---|---|
| Retail & Others | 51.05% |
| Promoters | 48.93% |
| Foreign Institutions | 0.02% |
Nearly 49% promoter holding reflects management confidence, while high retail participation keeps liquidity healthy.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 48 | 55 |
| 2027 | 58 | 66 |
| 2028 | 70 | 80 |
| 2029 | 85 | 98 |
| 2030 | 105 | 120 |
These projections consider gradual capacity utilization improvement, demand from auto & infrastructure sectors, and valuation expansion typical of quality small-cap industrial stocks.
By 2026, steady demand from the automobile and tractor segments may support revenue growth.
Growth Drivers:
Recovery in auto and tractor production
Stable order inflow from OEMs
Better operating leverage
Investment View: Suitable for medium-term investors with moderate risk appetite.
Operational consistency and margin stability could attract higher market valuation.
Growth Drivers:
Increased forging demand
Cost optimization and scale benefits
Improved investor confidence
Investment View: Positive outlook for patient investors.
By 2028, Tirupati Forge may reflect more mature earnings growth.
Growth Drivers:
Infrastructure and railway capex
Higher capacity utilization
Strong delivery-based accumulation
Investment View: Attractive for long-term small-cap exposure.
As India’s industrial activity expands, forging companies may see sustained demand.
Growth Drivers:
Long-term industrial growth
Stable customer relationships
Improving balance sheet strength
Investment View: Strong compounding phase for long-term holders.
By 2030, Tirupati Forge Ltd could emerge as a well-recognized small-cap industrial player.
Growth Drivers:
Continued growth in auto and infrastructure sectors
Better return ratios
Long-term manufacturing tailwinds
Investment View: High potential for long-term wealth creation with higher risk.
Tirupati Forge Ltd represents a high-risk, high-reward small-cap industrial stock. While volatility is expected, long-term demand from automobiles, tractors, and infrastructure provides a strong structural foundation.
Strong delivery-based buying trend
Exposure to core manufacturing sectors
Promoter confidence
Attractive long-term valuation potential
Cyclicality in auto and industrial demand
Limited institutional participation
Margin pressure due to raw material price fluctuations
Small-cap volatility
Regular tracking of quarterly results and order inflow is advised.
Tirupati Forge Ltd is aligned with India’s long-term manufacturing and infrastructure growth story. Although short-term price movements may remain volatile, the company’s fundamentals and sector tailwinds provide meaningful upside over the long run. Based on current trends and reasonable assumptions, Tirupati Forge Ltd share price could potentially reach ₹105–₹120 by 2030.
For investors willing to accept volatility and stay invested with patience, Tirupati Forge Ltd can be a compelling small-cap opportunity.
1. What is the current share price of Tirupati Forge Ltd?
It is around ₹35–₹37, depending on market movement.
2. What is the Tirupati Forge share price target for 2026?
The expected range is ₹48 to ₹55.
3. Is Tirupati Forge Ltd good for long-term investment?
It can be suitable for high-risk investors seeking small-cap industrial growth.
4. What is the share price target for 2030?
The projected range is ₹105 to ₹120.
5. What factors influence Tirupati Forge’s share price?
Auto sector demand, infrastructure spending, raw material prices, earnings growth, and market sentiment.
Disclaimer:
This article is for educational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions.
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