Akshar Spintex (Small Cap) Share Target 2024, 2025 To 2039
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Akshar Spintex Limited |
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Price: ₹0.77 | ||
| 52 Week Low: ₹0.67 52 Week High: ₹4.83 |
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| Market Capital: 59.06 Crore (Smallcap) | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Akshar Spintex Share Price Target For 2024
- 1.1.1: Akshar Spintex Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Akshar Spintex Share Price Target For 2025
- 1.2.1: Akshar Spintex Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Akshar Spintex Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Akshar Spintex Brief Company Overview
- 4: Akshar Spintex Financial Performance
- 4.0.1: Is Akshar Spintex A Good Buy For Long Term?
To predict the Akshar Spintex's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Akshar Spintex Share Price Target For 2024
The line chart displays the monthly closing prices of Akshar Spintex with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Akshar Spintex shares in 2024, see the table below.
Akshar Spintex Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 0.82 (+6.49%) | Price Action: Apr 2020 High |
| 2024 Target 2 | 0.8 (+3.89%) | Price Action: May 2020 High |
| 2024 Target 1 | 0.78 (+1.29%) | Price Action: 01 Nov 2024 High |
| Current Price | 0.77 | Akshar Spintex's share price as of 23 Dec 2024 |
| Stop Loss 1 | 0.91 (+18.18%) | Fibonacci Retracement Level 23.599999999999998% |
| Stop Loss 2 | 0.86 (+11.68%) | Fibonacci Retracement Level 38.2% |
| Stop Loss 3 | 0.82 (+6.49%) | Fibonacci Retracement Level 50.0% |
Short-Term Technical Outlook
Current Technical Position: Akshar Spintex is showing mixed momentum signals near key moving averages.
Key Technical Level: The 25-day moving average at ₹0.72 serves as the nearest technical reference point.
Historical Returns: 3-month: -54.55% | 6-month: -71.15% | 1-year: -79.51%
Akshar Spintex Share Price Target For 2025
The line chart displays the monthly closing prices of Akshar Spintex with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Akshar Spintex shares in 2025, see the table below.
Akshar Spintex Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 0.82 (+6.49%) | Price Action: Apr 2020 High |
| 2025 Target 2 | 0.8 (+3.89%) | Price Action: May 2020 High |
| 2025 Target 1 | 0.78 (+1.29%) | Price Action: 01 Nov 2024 High |
| Current Price | 0.77 | Akshar Spintex's share price as of 23 Dec 2024 |
| Stop Loss 1 | 0.91 (+18.18%) | Fibonacci Retracement Level 23.599999999999998% |
| Stop Loss 2 | 0.86 (+11.68%) | Fibonacci Retracement Level 38.2% |
| Stop Loss 3 | 0.82 (+6.49%) | Fibonacci Retracement Level 50.0% |
Long-Term Technical Outlook
52-Week Range Analysis: Akshar Spintex is currently trading near its 52-week low of ₹0.67, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -79.51% | 3-year: -80% | 5-year: -27.18%
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Approach 2: Machine Learning By Studying Historical Prices
Akshar Spintex Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹0.77 | ||
| 2024 | ₹3.06 | +297.4% | ₹3.11 |
| 2025 | ₹3.25 | +6.2% | ₹3.97 |
| 2026 | ₹3.18 | -2.15% | ₹3.23 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Akshar Spintex Brief Company Overview
Company Overview: Akshar Spintex Limited Established in 2013, Akshar Spintex Limited is a prominent player in India's textile industry. They specialize in spinning, manufacturing, and trading of spun cotton yarns. Key Products and Services: Cotton yarns (cotton, organic,...
BCI certified, etc.) Viscose, modal, and excel fibers Carded, semi combed, and combed cotton yarns Slub, core spun, TFO, Eli twist, fancy, melange, blended, and organic yarns Akshar Spintex has a diverse product range catering to various segments of the textile industry. Reputation: Akshar Spintex has earned a strong reputation for its commitment to quality and customer satisfaction. Commitment: The company is dedicated to providing innovative and sustainable yarn solutions to meet the evolving needs of its customers.Akshar Spintex Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 59.06 Crore | Market valuation of Akshar Spintex's shares. |
| Revenue (TTM) | 173.52 Crore | Total revenue generated by Akshar Spintex over the past twelve months. |
| Net Income (TTM) | +3.18 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +3.9% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +1.83% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-3.7% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-29.8% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
43.25 | Company's total debt divided by total shareholder equity. |
| Total Debt | 18.97 Crore | Sum of Akshar Spintex's current & long-term financial obligations. |
| Total Cash | 98,000 | Total amount of liquid funds available to Akshar Spintex. |
| Beta | 0.83 | Beta is less than 1 indicating that the Akshar Spintex's price is less volatile than the market. |
Is Akshar Spintex A Good Buy For Long Term?
Akshar Spintex, a small-cap stock with a market capitalization of ₹59.06 crore, presents a concerning picture for long-term investors. While it generated ₹173.52 crore in revenue (TTM), its net profit margin is a meager 1.83%, and the company carries a debt of ₹18.97 crore against a paltry ₹98,000 cash balance (Q1 2024-25). Steep declines in revenue (-3.7% QoQ, -29.8% YoY) and significantly negative returns over various timeframes (-71.83% in the past 3 months, -90.14% in the past 12 months) strongly suggest this is not a good buy for the long term. Further analysis is needed before considering any investment.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
