Tunwal E-Motors Share Price Target Tomorrow, 2025, 2030, 2035, and 2040: Tunwal E-Motors is a fast-growing Indian electric vehicle (EV) manufacturer focused on providing eco-friendly and affordable mobility solutions. Specializing in electric two-wheelers, the company is committed to making sustainable transportation accessible for everyone while contributing to a greener future. As of January 5, 2024, the Tunwal E-Motors share price on the NSE is ₹49.35. Below are the projected Tunwal E-Motors share price target for the years 2025, 2026, 2027, 2030, 2035 And 2040.
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Tunwal E-Motors Ltd. Company Overview
Founded in 2014 and headquartered in Gandhinagar, Gujarat, Tunwal E-Motors designs and manufactures a range of electric scooters tailored to the needs of urban and semi-urban commuters. The company’s models, such as the Storm ZX, Elektrika, and Roma, are known for their stylish designs, reliability, and cost-effectiveness. Tunwal E-Motors emphasizes innovation and customer satisfaction, offering features like long battery life, fast charging, and low maintenance.
Trade Name | Tunwal E-Motors |
Company type | Public company |
Traded as | NSE: TUNWAL BSE: 77627 |
ISIN code | INE0OXV01027 |
Industry | Electric Vehicle Manufacturing |
Founded | December 2018; 6 years ago |
Founder | Jhumarmal P. Tunwal |
Headquarters | Pune, Maharashtra, India |
Area served | India |
Key people | Jhumarmal P. Tunwal (Founder) Amitkumar Mali (Director) |
Revenue | ₹105 crore(2024) |
Net income | ₹12 crore(2024) |
Total assets | ₹182 Cr(2024) |
Website | www.tunwal.com |
Technical Analysis for Tunwal E-Motors
Tunwal E-Motors Share Price Target For 2025
Tunwal E-Motors is a leading company in the Infrastructure sector, focusing on roads and highways in India. With the government prioritizing infrastructure development, the company is positioned for steady growth. In 2025, its stock price is expected to reach ₹75 (1st Target) and ₹80 (2nd Target), supported by its expertise and strong industry presence.
Year | 1st Target | 2nd Target |
2025 | ₹75 | ₹80 |
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Tunwal E-Motors Share Price Prediction For 2026
By 2026, Tunwal E-Motors is likely to benefit further from increased construction projects and the rising demand for better infrastructure. The stock price is predicted to rise to ₹100 (1st Target) and ₹120 (2nd Target), reflecting its consistent performance and ability to secure major projects.
Year | 1st Target | 2nd Target |
2026 | ₹100 | ₹120 |
Tunwal E-Motors Stock Price Target For 2027
In 2027, the company expansion into larger projects and continuous delivery of high-quality work may drive its stock price to ₹140 (1st Target) and ₹165 (2nd Target). Its growing role in India’s infrastructure development ensures sustained growth and investor confidence.
Year | 1st Target | 2nd Target |
2027 | ₹140 | ₹165 |
Tunwal E-Motors Share Price Target Forecast For 2028
By 2028, Tunwal E-Motors is expected to maintain strong growth momentum as it takes on bigger and more advanced projects. The stock price might reach ₹195 (1st Target) and ₹210 (2nd Target), emphasizing its critical role in modernizing India’s road network and infrastructure.
Year | 1st Target | 2nd Target |
2028 | ₹195 | ₹210 |
Tunwal E-Motors Stock Price Prediction For 2029
In 2029, Tunwal E-Motors could see further growth, securing more significant contracts in the infrastructure sector. The stock price is projected to touch ₹240 (1st Target) and ₹270 (2nd Target), driven by its proven track record and rising demand for infrastructure solutions.
Year | 1st Target | 2nd Target |
2029 | ₹240 | ₹270 |
Tunwal E-Motors Share Price Target For 2030
By 2030, Tunwal E-Motors is likely to experience substantial growth due to its long-term projects and sector expertise. The share price is predicted to reach ₹300 (1st Target) and ₹330 (2nd Target), showcasing the company’s bright prospects in India’s infrastructure space.
Year | 1st Target | 2nd Target |
2030 | ₹300 | ₹330 |
Tunwal E-Motors Share Price Target For 2035
By 2035, Tunwal E-Motors is expected to become one of the leading names in India’s infrastructure industry. The stock price could touch ₹450 (1st Target) and ₹620 (2nd Target), reflecting its consistent efforts to innovate, expand, and deliver impactful projects nationwide.
Year | 1st Target | 2nd Target |
2035 | ₹450 | ₹620 |
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Tunwal E-Motors Share Price Target For 2040
In 2040, Tunwal E-Motors is projected to be a dominant player in India’s infrastructure transformation. Its stock price is expected to start at ₹750 (1st Target) and may rise to ₹900 (2nd Target), driven by its ability to execute large-scale projects and contribute to the nation’s growth.
Year | 1st Target | 2nd Target |
2040 | ₹750 | ₹900 |
Tunwal E-Motors Share Price Forecast From 2025 To 2040
Year | Year High Target (₹) | Year Low Target (₹) |
2025 | ₹80 | ₹40 |
2026 | ₹120 | ₹70 |
2027 | ₹165 | ₹95 |
2028 | ₹210 | ₹130 |
2029 | ₹270 | ₹180 |
2030 | ₹330 | ₹240 |
2035 | ₹620 | ₹300 |
2040 | ₹900 | ₹550 |
Tunwal E-Motors Ltd Peers comparison
Sector: Automobile | Industry: Automobiles – Motorcycles / Mopeds | ||||
Name | P/E | Mar Cap ₹Cr. | Div Yld% | NP Qtr ₹Cr. | ROCE% |
Eicher Motors | 34.11 | 145584.90 | 0.96 | 1100.33 | 31.14 |
TVS Motor Co. | 62.51 | 117964.95 | 0.32 | 588.13 | 14.68 |
Hero Motocorp | 20.59 | 84861.80 | 2.71 | 1066.47 | 29.09 |
Ola Electric | 36481.97 | 0.00 | -495.00 | -32.13 | |
Wardwizard Inno. | 157.35 | 1013.32 | 0.39 | -5.96 | 17.84 |
Urja Global | 441.89 | 905.88 | 0.00 | 0.36 | 1.87 |
Tunwal E-Motors | 23.11 | 272.91 | 0.00 | 5.38 | 52.37 |
Tunwal E-Motors Ltd Fundamentals
Parameter | Value |
Market Cap | ₹273 Cr |
P/E Ratio (TTM) | 23.06 |
P/B Ratio | 2.67 |
Industry P/E | 32.46 |
Debt to Equity | 0.40 |
ROE | 13.18% |
EPS (TTM) | 2.14 |
Dividend Yield | 0.00% |
52 Week High | ₹64.0 |
52 Week Low | ₹39.2 |
Book Value | 18.49 |
Face Value | 2 |
Tunwal E-Motors Ltd Financial Results
All in ₹Cr. | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
Sales | 1 | 1 | 75 | 76 | 105 |
Expenses | 1 | 1 | 71 | 70 | 87 |
Operating Profit | 0 | 0 | 4 | 7 | 18 |
OPM % | 13% | 34% | 6% | 9% | 17% |
Other Income | 0 | 0 | 0 | 0 | 1 |
Interest | 0 | 0 | 1 | 1 | 2 |
Depreciation | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 0 | 0 | 3 | 5 | 16 |
Tax % | 20% | 30% | 28% | 24% | 25% |
Net Profit | 0 | 0 | 2 | 4 | 12 |
EPS in Rs | 40.00 | 1.54 | 22.74 | 1.80 | 2.85 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Tunwal E-Motors Ltd Balance Sheet
All in ₹Cr. | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
Equity Capital | 0.52 | 1 | 4 | 8 | 11 |
Reserves | 0 | 3 | 4 | 12 | 81 |
Borrowings | 3 | 14 | 19 | 21 | 37 |
Other Liabilities | 1 | 33 | 30 | 35 | 52 |
Total Liabilities | 5 | 50 | 57 | 76 | 182 |
Fixed Assets | 4 | 10 | 11 | 11 | 12 |
CWIP | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 |
Other Assets | 1 | 40 | 46 | 64 | 169 |
Total Assets | 5 | 50 | 57 | 76 | 182 |
Tunwal E-Motors Ltd Shareholding Pattern
Sep 2024 | |
Promoters | 62.34% |
FIIs | 0.02% |
Public | 37.64% |
No. of Shareholders | 7,492 |
FAQs
Q.1. What is the share price target for Tunwal E-Motors in 2025?
Ans: In 2025, Tunwal E-Motors, a leading company in road and highway construction in India, is expected to benefit from the government’s focus on improving infrastructure. The stock price is predicted to reach ₹75 (1st Target) and ₹80 (2nd Target), reflecting its stable position in the industry and increasing demand for infrastructure development.
Q.2. What are the projected share price targets for Tunwal E-Motors in 2026?
Ans: By 2026, Tunwal E-Motors is likely to gain from more construction projects and its expertise in the infrastructure sector. The stock price is projected to rise to ₹100 (1st Target) and ₹120 (2nd Target). As the company continues to deliver quality projects, its growth trajectory looks promising.
Q.3. What is the anticipated share price for Tunwal E-Motors in 2027?
Ans: In 2027, Tunwal E-Motors is anticipated to expand its operations and strengthen its presence in the infrastructure space. Its stock price could reach ₹140 (1st Target) and ₹165 (2nd Target), driven by its successful execution of large-scale projects and enhanced market reputation.
Q.4. What are the share price targets for Tunwal E-Motors in 2028?
Ans: By 2028, Tunwal E-Motors is expected to maintain strong growth, capitalizing on bigger contracts and its role in modernizing the country’s road network. The stock price may touch ₹195 (1st Target) and ₹210 (2nd Target), reflecting its significant contribution to India’s infrastructure development.
Q.5. What is the forecast for Tunwal E-Motors share price in 2029?
Ans: In 2029, Tunwal E-Motors is projected to grow further as it secures major infrastructure contracts. The stock price might hit ₹240 (1st Target) and ₹270 (2nd Target), supported by its strong reputation, innovative solutions, and successful project completions.
Q.6. What are the share price targets for Tunwal E-Motors in 2030?
Ans: By 2030, Tunwal E-Motors is likely to see considerable growth, leveraging its expertise and long-term projects. The stock price could rise to ₹300 (1st Target) and ₹330 (2nd Target), highlighting its bright future and consistent performance in the infrastructure industry.
Q.7. What are the long-term share price targets for Tunwal E-Motors in 2035?
Ans: Fast forward to 2035, Tunwal E-Motors could emerge as a top player in the infrastructure space. The stock price is predicted to reach ₹450 (1st Target) and ₹620 (2nd Target), driven by its expansion into larger projects and consistent delivery of high-quality infrastructure solutions.
Q.8. What is the share price target for Tunwal E-Motors in 2040?
Ans: By 2040, Tunwal E-Motors is expected to solidify its position as a leader in India’s infrastructure transformation. The stock price may climb to ₹750 (1st Target) and ₹900 (2nd Target), reflecting its long-term success and crucial role in building India’s road and highway network.
Q.9. Who is the current CEO of Tunwal E-Motors?
Ans: As of December 5, 2023, Dr. Jhumarmal Pannaram Tunwal serves as the Chairman and Managing Director of Tunwal E-Motors Private Limited.
Q.10. How can I contact Tunwal E-Motors customer service?
Ans: Customer Care: Phone: +91 84484 48763 (Available 24/7), Email: [email protected], Spare Parts Inquiries: Phone: +91 63543 34184, Dealership Inquiries: Phone: +91 84484 48763, Registered Office Address: Address: 501, 5th Floor, Rama Icon Building, Near Sarasbaug, Sadashiv Peth, Pune, Maharashtra 411030, India.
For more information, you can visit their official website: tunwal.com

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