Ankit Metal & Power (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Ankit Metal & Power Limited |
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Price: ₹4.87 | ||
| 52 Week Low: ₹3.07 52 Week High: ₹5.60 |
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| Market Capital: 47.83 Crore (Smallcap) | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Ankit Metal & Power Share Price Target For 2024
- 1.1.1: Ankit Metal & Power Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Ankit Metal & Power Share Price Target For 2025
- 1.2.1: Ankit Metal & Power Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Ankit Metal & Power Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Ankit Metal & Power Brief Company Overview
- 4: Ankit Metal & Power Financial Performance
- 4.0.1: Is Ankit Metal & Power A Good Buy For Long Term?
To predict the Ankit Metal & Power'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
Ankit Metal & Power Share Price Target For 2024
The line chart displays the monthly closing prices of Ankit Metal & Power 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 Ankit Metal & Power shares in 2024, see the table below.
Ankit Metal & Power Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 5.27 (+8.21%) | Fibonacci Extension Level 23.60% |
| 2024 Target 2 | 5.21 (+6.98%) | Price Action: 07 Aug 2024 High |
| 2024 Target 1 | 5.15 (+5.74%) | Price Action: Sep 2014 Low |
| Current Price | 4.87 | Ankit Metal & Power's share price as of 24 Dec 2024 |
| Stop Loss 1 | 4.75 (-2.47%) | Price Action: Jan 2015 High |
| Stop Loss 2 | 4.7 (-3.5%) | Price Action: 11 Oct 2023 High |
| Stop Loss 3 | 4.65 (-4.51%) | Price Action: Nov 2021 Low |
Short-Term Technical Outlook
Current Technical Position: Ankit Metal & Power is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹3.82 serves as the nearest technical reference point.
Historical Returns: 3-month: +50.31% | 6-month: +23.92% | 1-year: +0.41%
Ankit Metal & Power Share Price Target For 2025
The line chart displays the monthly closing prices of Ankit Metal & Power 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 Ankit Metal & Power shares in 2025, see the table below.
Ankit Metal & Power Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 6.71 (+37.78%) | Price Action: Chart |
| 2025 Target 2 | 6.58 (+35.11%) | Price Action: Chart |
| 2025 Target 1 | 6.51 (+33.67%) | Fibonacci Extension Level 64.90% |
| Current Price | 4.87 | Ankit Metal & Power's share price as of 24 Dec 2024 |
| Stop Loss 1 | 4.46 (-8.42%) | Price Action: 22 Jul 2024 High |
| Stop Loss 2 | 4.4 (-9.66%) | Price Action: Mar 2024 High |
| Stop Loss 3 | 4.35 (-10.68%) | Price Action: 18 Oct 2023 High |
Long-Term Technical Outlook
52-Week Range Analysis: Ankit Metal & Power is currently trading at 71.1% of its 52-week range (₹3.07 - ₹5.6).
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: +0.41% | 3-year: -67.31% | 5-year: +874%
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Approach 2: Machine Learning By Studying Historical Prices
Ankit Metal & Power Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹4.87 | ||
| 2024 | ₹3.04 | -37.57% | ₹3.30 |
| 2025 | ₹2.64 | -13.15% | ₹3.55 |
| 2026 | ₹2.40 | -9.09% | ₹2.66 |
| 2027 | ₹3.58 | +49.16% | ₹3.63 |
| 2028 | ₹3.06 | -14.52% | ₹3.44 |
| 2029 | ₹2.57 | -16.01% | ₹3.29 |
| 2030 | ₹2.34 | -8.94% | ₹3.00 |
| 2031 | ₹2.43 | +3.84% | ₹2.71 |
| 2032 | ₹3.00 | +23.45% | ₹3.05 |
| 2033 | ₹2.60 | -13.33% | ₹2.89 |
| 2034 | ₹4.57 | +75.76% | ₹4.85 |
| 2035 | ₹4.59 | +0.43% | ₹5.59 |
| 2036 | ₹5.27 | +14.81% | ₹5.73 |
| 2037 | ₹5.86 | +11.19% | ₹5.95 |
| 2038 | ₹5.46 | -6.82% | ₹5.67 |
| 2039 | ₹5.32 | -2.56% | ₹5.99 |
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.
Ankit Metal & Power Brief Company Overview
Ankit Metal & Power Limited: A Leading Steel Manufacturer in India Established in 2002, Ankit Metal & Power Limited has become a renowned manufacturer and supplier of iron and steel products in India. Headquartered in Kolkata, the company has carved a niche for itself in...
the industry with its diverse product portfolio. Key Products and Services: Sponge iron M.S. billets TMT bars Pig iron Silico manganese Power Ferro silicon Wire Rods Rolled products Ankit Metal & Power Limited caters to a wide range of industries, including real estate development, construction, forging, wire drawing, railways, and engineering. Commitment to Excellence: The company is committed to providing high-quality products and services to its customers. Its commitment to innovation and technological advancements has enabled it to maintain a strong reputation in the industry.Ankit Metal & Power Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 47.83 Crore | Market valuation of Ankit Metal & Power's shares. |
| Revenue (TTM) | 818 Crore | Total revenue generated by Ankit Metal & Power over the past twelve months. |
| Net Income (TTM) | -256.79 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -51.79% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -31.4% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-25.5% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
-1.08 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,104.9 Crore | Sum of Ankit Metal & Power's current & long-term financial obligations. |
| Total Cash | 1.09 Crore | Total amount of liquid funds available to Ankit Metal & Power. |
| Beta | 0.6 | Beta is less than 1 indicating that the Ankit Metal & Power's price is less volatile than the market. |
Is Ankit Metal & Power A Good Buy For Long Term?
Ankit Metal & Power, a small-cap stock with a market capitalization of ₹47.83 crore, presents a high-risk, high-reward scenario. While boasting impressive 5-year (582%) and 3-year (106.66%) returns, its current financial health raises concerns. A substantial debt of ₹1104.9 crore against a meager cash balance of ₹1.09 crore, coupled with a negative net profit of ₹256.79 crore (TTM) and a -31.4% profit margin, indicates significant financial distress. The consistently negative returns over the past year (-29.70% YTD) further fuel these concerns. Therefore, based on the provided data, Ankit Metal & Power is not a good buy for the long term. Further investigation is strongly recommended 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.
