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AMALGAM (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039

The Amalgamated Electricity Company Limited

Company Logo Price: ₹91.85
52 Week Low: ₹36.06
52 Week High: ₹117.00
Market Capital: 22.48 Crore (Smallcap)
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To predict the AMALGAM'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

AMALGAM Share Price Target For 2024

The line chart displays the monthly closing prices of AMALGAM 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 AMALGAM shares in 2024, see the table below.

AMALGAM Share Price Target Table For 2024

Level Value Analysis
2024 Target 3 96.6 (+5.17%) Price Action: 09 Apr 2024 High
2024 Target 2 95.5 (+3.97%) Fibonacci Extension Level 100.00%
2024 Target 1 94.5 (+2.88%) Price Action: 09 Oct 2024 High
Current Price 91.85 AMALGAM's share price as of 26 Dec 2024
Stop Loss 1 90.38 (-1.61%) Price Action: 19 Sep 2024 High
Stop Loss 2 89.3 (-2.78%) Price Action: 04 Oct 2024 Low
Stop Loss 3 88.35 (-3.82%) Price Action: 18 Oct 2024 Low

Short-Term Technical Outlook

Current Technical Position: AMALGAM is showing bullish momentum with price above both 25-day and 50-day moving averages.

Key Technical Level: The 25-day moving average at ₹87.12 serves as the nearest technical reference point.

Historical Returns: 3-month: -11.75% | 6-month: +92.6% | 1-year: +141.71%

AMALGAM Share Price Target For 2025

The line chart displays the monthly closing prices of AMALGAM 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 AMALGAM shares in 2025, see the table below.

AMALGAM Share Price Target Table For 2025

Level Value Analysis
2025 Target 3 148.59 (+61.77%) Price Action: Chart
2025 Target 2 145.82 (+58.75%) Price Action: Chart
2025 Target 1 144.38 (+57.19%) Fibonacci Extension Level 64.90%
Current Price 91.85 AMALGAM's share price as of 26 Dec 2024
Stop Loss 1 79.38 (-13.58%) Price Action: 18 Nov 2024 Low
Stop Loss 2 78.09 (-14.99%) Price Action: 16 Sep 2024 High
Stop Loss 3 76.95 (-16.23%) Price Action: 29 Nov 2024 Low

Long-Term Technical Outlook

52-Week Range Analysis: AMALGAM is currently trading at 68.9% of its 52-week range (₹36.06 - ₹117).

Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.

Long-Term Performance: 1-year: +141.71% | 3-year: +338.42% | 5-year: +178.59%

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Approach 2: Machine Learning By Studying Historical Prices

AMALGAM Share Price Target Chart and Table From 2024, 2025, 2026 to 2039

Year Target 1 Target 1 YoY Chg % Target 2
Current Price ₹91.85
2024 ₹77.18 -15.97% ₹84.01
2025 ₹114.38 +48.19% ₹116.10
2026 ₹140.38 +22.73% ₹142.54
2027 ₹167.83 +19.55% ₹181.92
2028 ₹182.09 +8.49% ₹198.46
2029 ₹212.19 +16.53% ₹236.97
2030 ₹262.62 +23.76% ₹274.41
2031 ₹284.87 +8.47% ₹300.04
2032 ₹311.08 +9.2% ₹339.42
2033 ₹314.84 +1.2% ₹352.60
2034 ₹347.21 +10.28% ₹391.69
2035 ₹410.85 +18.32% ₹430.78
2036 ₹429.35 +4.5% ₹457.55
2037 ₹454.33 +5.81% ₹496.92
2038 ₹447.59 -1.48% ₹508.96
2039 ₹538.13 +20.22% ₹548.05

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.

AMALGAM Financial Performance

Metric Value Description
Market Capital 22.48 Crore Market valuation of AMALGAM's shares.
Revenue (TTM) 75,000 Total revenue generated by AMALGAM over the past twelve months.
Net Income (TTM) -8.05 Lakh Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin -1,242.66% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin +100% Net income as a percentage of revenue, after all expenses.

Is AMALGAM A Good Buy For Long Term?

Amalgam, a small-cap stock with a market capitalization of ₹22.48 crore, presents a complex picture for long-term investors. While its past performance is impressive— boasting 104.07% returns over the past 12 months and a remarkable 127.59% over five years— its current financials raise concerns. A net loss of ₹8.05 lakh against a revenue of ₹75,000 indicates significant profitability issues. Therefore, despite the strong historical returns, Amalgam is currently a not a good buy for long-term investment due to its unsustainable financial position. Further investigation into the reasons behind these losses is crucial 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.