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

Ashima Limited

Company Logo Price: ₹32.96
52 Week Low: ₹16.90
52 Week High: ₹51.60
Market Capital: 601.27 Crore (Smallcap)
Consumer Cyclical -> Textile Manufacturing
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To predict the Ashima'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

Ashima Share Price Target For 2024

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

Ashima Share Price Target Table For 2024

Level Value Analysis
2024 Target 3 34.52 (+4.73%) Price Action: 12 Nov 2024 High
2024 Target 2 34.16 (+3.64%) Price Action: 03 Oct 2024 Low
2024 Target 1 33.78 (+2.48%) Price Action: Oct 1997 High
Current Price 32.96 Ashima's share price as of 26 Dec 2024
Stop Loss 1 32.5 (-1.4%) Price Action: 06 Jun 2024 High
Stop Loss 2 32.1 (-2.61%) Price Action: 26 Sep 2024 High
Stop Loss 3 31.71 (-3.8%) Price Action: 27 Sep 2024 Low

Short-Term Technical Outlook

Current Technical Position: Ashima is displaying bearish momentum trading below key moving averages.

Key Technical Level: The 50-day moving average at ₹33.61 serves as the nearest technical reference point.

Historical Returns: 3-month: -3.77% | 6-month: -26.53% | 1-year: +92.75%

Ashima Share Price Target For 2025

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

Ashima Share Price Target Table For 2025

Level Value Analysis
2025 Target 3 57.96 (+75.84%) Price Action: Chart
2025 Target 2 56.88 (+72.56%) Price Action: Chart
2025 Target 1 56.32 (+70.87%) Fibonacci Extension Level 64.90%
Current Price 32.96 Ashima's share price as of 26 Dec 2024
Stop Loss 1 27.4 (-16.87%) Price Action: 27 May 2024 Low
Stop Loss 2 27.13 (-17.69%) Price Action: Chart
Stop Loss 3 26.4 (-19.91%) Price Action: 23 May 2024 High

Long-Term Technical Outlook

52-Week Range Analysis: Ashima is currently trading at 46.3% of its 52-week range (₹16.9 - ₹51.6).

Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.

Long-Term Performance: 1-year: +92.75% | 3-year: +75.31% | 5-year: +435.93%

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Approach 2: Machine Learning By Studying Historical Prices

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

Year Target 1 Target 1 YoY Chg % Target 2
Current Price ₹32.96
2024 ₹36.57 +10.95% ₹37.12
2025 ₹46.38 +26.82% ₹47.08
2026 ₹57.49 +23.95% ₹58.35
2027 ₹64.35 +11.93% ₹65.32
2028 ₹75.20 +16.86% ₹76.33
2029 ₹82.12 +9.2% ₹83.35
2030 ₹92.63 +12.79% ₹94.02
2031 ₹105.28 +13.65% ₹106.86
2032 ₹110.23 +4.7% ₹111.88
2033 ₹122.11 +10.77% ₹123.94
2034 ₹127.68 +4.56% ₹129.68
2035 ₹138.88 +8.77% ₹141.75
2036 ₹153.08 +10.22% ₹155.38
2037 ₹156.10 +1.97% ₹158.44
2038 ₹169.03 +8.28% ₹171.57
2039 ₹165.75 -1.94% ₹177.96

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.

Ashima Brief Company Overview

Overview of Ashima Limited: Established in 1982, Ashima Limited is a renowned manufacturer and supplier of denim fabrics and garments in India. With a diverse product portfolio, Ashima caters to both domestic and international markets. The company's key products... include: Denim fabrics (basic, ring/slub, pigment/discharged print, polyester, piece-dyed) Trousers and shirts for men Over-dyed garments Ready-to-stitch products under the ICON brand Ashima Limited has a strong commitment to innovation and consistently introduces value-added products with chemical, mechanical, and functional finishes. They also cater to the export market, further expanding their global presence.

Ashima Financial Performance

Metric Value Description
Market Capital 601.27 Crore Market valuation of Ashima's shares.
Revenue (TTM) 353.8 Crore Total revenue generated by Ashima over the past twelve months.
Net Income (TTM) +99.04 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin +3.05% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin +28.04% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+45.7% Change in revenue compared to the previous quarter.
Debt-to-Equity
(D/E) Ratio
39.1 Company's total debt divided by total shareholder equity.
Total Debt 123.9 Crore Sum of Ashima's current & long-term financial obligations.
Total Cash 67 Crore Total amount of liquid funds available to Ashima.
Beta 0.93 Beta is less than 1 indicating that the Ashima's price is less volatile than the market.

Is Ashima A Good Buy For Long Term?

Ashima, a small-cap stock with a market capitalization of ₹601.27 crore, shows strong recent performance (93.04% return over the past 12 months and 146.32% over the past three years). While its Q1 2024-25 results indicate a healthy profit margin of 28.04% on ₹353.8 crore in revenue and a substantial cash balance of ₹67 crore, the ₹123.9 crore debt needs consideration. The recent -29.43% return over the past three months suggests volatility. Overall, Ashima presents a potentially good long-term buy for risk-tolerant investors, but further due diligence is crucial before investing.

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.