BALUFORGE (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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BALU FORGE INDUSTRIES LIMITED |
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Price: ₹772.00 | ||
| 52 Week Low: ₹160.00 52 Week High: ₹890.00 |
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| Market Capital: 8,060.95 Crore (Midcap) | |||
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Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: BALUFORGE Share Price Target For 2024
- 1.1.1: BALUFORGE Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: BALUFORGE Share Price Target For 2025
- 1.2.1: BALUFORGE Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: BALUFORGE Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: BALUFORGE Financial Performance
- 3.0.1: Is BALUFORGE A Good Buy For Long Term?
To predict the BALUFORGE'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
BALUFORGE Share Price Target For 2024
The line chart displays the monthly closing prices of BALUFORGE 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 BALUFORGE shares in 2024, see the table below.
BALUFORGE Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 820.04 (+6.22%) | Price Action: 07 Nov 2024 High |
| 2024 Target 2 | 810.0 (+4.92%) | Price Action: 17 Dec 2024 Low |
| 2024 Target 1 | 797.1 (+3.25%) | Price Action: 05 Dec 2024 High |
| Current Price | 772.00 | BALUFORGE's share price as of 20 Dec 2024 |
| Stop Loss 1 | 763.0 (-1.17%) | Price Action: 25 Nov 2024 High |
| Stop Loss 2 | 755.0 (-2.21%) | Price Action: 01 Nov 2024 Low |
| Stop Loss 3 | 745.0 (-3.50%) | Price Action: 19 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: BALUFORGE is showing mixed momentum signals near key moving averages.
Key Technical Level: The 50-day moving average at ₹769.84 serves as the nearest technical reference point.
Historical Returns: 3-month: -0.92% | 6-month: +137.88% | 1-year: +213.69%
BALUFORGE Share Price Target For 2025
The line chart displays the monthly closing prices of BALUFORGE 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 BALUFORGE shares in 2025, see the table below.
BALUFORGE Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1282.01 (+66.06%) | Price Action: Chart |
| 2025 Target 2 | 1258.11 (+62.96%) | Price Action: Chart |
| 2025 Target 1 | 1245.65 (+61.35%) | Fibonacci Extension Level 64.90% |
| Current Price | 772.00 | BALUFORGE's share price as of 20 Dec 2024 |
| Stop Loss 1 | 611.02 (-20.86%) | Fibonacci Retracement Level 38.20% |
| Stop Loss 2 | 601.01 (-22.15%) | Technical Indicator: MA150 |
| Stop Loss 3 | 590.19 (-23.56%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: BALUFORGE is currently trading near its 52-week high of ₹890, showing strong yearly momentum.
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: +213.69% | 3-year: +512.46% | 5-year: NA
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Approach 2: Machine Learning By Studying Historical Prices
BALUFORGE Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹772.00 | ||
| 2024 | ₹916.00 | +18.65% | ₹929.74 |
| 2025 | ₹1,676.26 | +83.00% | ₹1,701.40 |
| 2026 | ₹2,491.01 | +48.61% | ₹2,530.45 |
| 2027 | ₹3,605.92 | +44.76% | ₹3,660.01 |
| 2028 | ₹4,394.29 | +21.86% | ₹4,460.20 |
| 2029 | ₹4,761.13 | +8.35% | ₹4,832.55 |
| 2030 | ₹5,501.37 | +15.55% | ₹5,756.84 |
| 2031 | ₹6,394.04 | +16.23% | ₹6,832.31 |
| 2032 | ₹7,907.77 | +23.67% | ₹8,026.39 |
| 2033 | ₹8,626.79 | +9.09% | ₹8,756.19 |
| 2034 | ₹8,606.26 | -0.24% | ₹8,983.24 |
| 2035 | ₹9,326.49 | +8.37% | ₹9,745.00 |
| 2036 | ₹10,297.07 | +10.41% | ₹10,451.53 |
| 2037 | ₹12,209.63 | +18.57% | ₹12,392.77 |
| 2038 | ₹12,859.30 | +5.32% | ₹13,052.19 |
| 2039 | ₹12,137.77 | -5.61% | ₹13,285.09 |
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.
BALUFORGE Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 8,060.95 Crore | Market valuation of BALUFORGE's shares. |
| Revenue (TTM) | 706.43 Crore | Total revenue generated by BALUFORGE over the past twelve months. |
| Net Income (TTM) | +1,360,424,960.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +24.45% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +19.25% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+27.13% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
0.06 | Company's total debt divided by total shareholder equity. |
| Total Debt | 59.12 Crore | Sum of BALUFORGE's current & long-term financial obligations. |
| Beta | 0.37 | Beta is less than 1 indicating that the BALUFORGE's price is less volatile than the market. |
Is BALUFORGE A Good Buy For Long Term?
BALUFORGE, a mid-cap stock with a market capitalization of ₹8,060.95 crore, shows strong short-term performance: 44.94% return in the last three months and a staggering 230.74% over the past year. However, zero returns over the past three and five years raise concerns about long-term sustainability. While its current profit margin of 19.25% and recent revenue growth of 27.13% are positive, a relatively low debt of ₹59.12 crore (Q2 2024-25) is encouraging. Considering the volatile performance, BALUFORGE is a risky but potentially rewarding investment for the long term; further investigation is crucial before considering a purchase.
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.
