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Banaras Beads Share Price Target 2024, 2025, 2026 to 2039 With Charts
Banaras Beads Limited | |||
 | Symbol: BANARBEADS | ||
| Price: ₹104.4 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Footwear & Accessories | |||
Show Table of Contents
Table of Contents
- 1: Banaras Beads Brief Company Overview
- 1.1: Banaras Beads Limited: A Legacy of Exquisite Craftsmanship
- 1.1.1: Commitment to Excellence
- 1.2: Banaras Beads Financial Performance
- 1.2.1: Is Banaras Beads A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Banaras Beads Share Price Target For 2024
- 2.1.1: Banaras Beads Share Price Target Table For 2024
- 2.1.2: Summary: Banaras Beads Share Price Prediction For 2024
- 2.2: Banaras Beads Share Price Target For 2025
- 2.2.1: Banaras Beads Share Price Target Table For 2025
- 2.2.2: Summary: Banaras Beads Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Banaras Beads Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Banaras Beads Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Banaras Beads Past Performance
Banaras Beads Brief Company Overview
Banaras Beads Limited: A Legacy of Exquisite Craftsmanship
Established in 1940, Banaras Beads Limited is a renowned manufacturer and exporter of an extensive range of glass beads, necklaces, and imitation jewelry.
Their diverse product portfolio includes beads crafted from various materials such as clay, brass, aluminum, and semiprecious stones. They also offer specialized beads like hand-painted and spray-painted beads, catering to diverse market demands.
With a strong global presence spanning India, the United States, Europe, and beyond, Banaras Beads has earned a remarkable reputation for its commitment to quality and artistry.
Commitment to Excellence
Banaras Beads Limited is dedicated to providing exceptional customer service and fostering long-lasting relationships with its clients.
- Serving Wholesalers and Retailers: Supplying premium beads and jewelry to businesses of all sizes.
- Craft Industry Support: Collaborating with craft businesses and retail chains to meet the needs of the creative community.
- Online Presence: Reaching a global audience through online business channels.
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Banaras Beads Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 66.66 Crore | Market valuation of Banaras Beads's shares. |
| Revenue (TTM) | 29.07 Crore | Total revenue generated by Banaras Beads over the past twelve months. |
| Net Income (TTM) | +2.83 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 11.9% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 9.75% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +13.8% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +19% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 6.06 | Company's total debt divided by total shareholder equity. |
| Total Debt | 3.29 Crore | Sum of Banaras Beads's current & long-term financial obligations. |
| Total Cash | 11.85 Crore | Total amount of liquid funds available to Banaras Beads. |
| Beta | 0.17 | Beta is less than 1 indicating that the Banaras Beads's price is less volatile than the market. |
Is Banaras Beads A Good Buy For Long Term?
Banaras Beads, a small-cap stock with a market capitalization of 66.66 Crore, has shown consistent growth in recent years, with 3-year and 5-year returns at 81.40% and 113.06% respectively. Despite a modest profit margin of 9.75%, the company has a healthy cash balance of 11.85 Crore and a manageable debt of 3.29 Crore. While the current quarter's earnings and revenue growth are promising, it's crucial to monitor future performance before making any definitive conclusions. Based on the available data, Banaras Beads appears to be an average buy for long-term investors, but further research is recommended.
To predict the Banaras Beads'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
Banaras Beads Share Price Target For 2024
The line chart displays the monthly closing prices of Banaras Beads 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 Banaras Beads shares in 2024, see the table below.
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Banaras Beads Share Price Target Table For 2024
| Banaras Beads's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 109.17 (+4.56%) | Fibonacci Extension Level 123.6% |
| 2024 Target 2 | 108.00 (+3.44%) | Price Action: Jan 2018 High |
| 2024 Target 1 | 106.45 (+1.96%) | Price Action: Dec 2023 High |
| Current Price | 104.40 | Banaras Beads's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 103.98 (-0.41%) | Price Action: 02 Aug 2024 High |
| Stop Loss 2 | 102.76 (-1.58%) | Price Action: 05 Sep 2024 High |
| Stop Loss 3 | 101.73 (-2.56%) | Price Action: 27 Aug 2024 High |
Summary: Banaras Beads Share Price Prediction For 2024
In summary, Banaras Beads has surged by ₹8.80, achieving a notable +9.21% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Banaras Beads for 2024 predicts an additional rise of 1.96% to 4.56% by the end of 2024 with three potential targets T1: 106.45, T2: 108.00, T3: 109.17. Stop Loss at SL1: 103.98, SL2: 102.76, SL3: 101.73.
Banaras Beads has a 52-week high of ₹119.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹81.70, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Banaras Beads.
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Banaras Beads Share Price Target For 2025
The line chart displays the monthly closing prices of Banaras Beads 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 Banaras Beads shares in 2025, see the table below.
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Banaras Beads Share Price Target Table For 2025
| Banaras Beads's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 132.41 (+26.82%) | Price Action: Chart |
| 2025 Target 2 | 129.94 (+24.46%) | Price Action: Chart |
| 2025 Target 1 | 128.65 (+23.22%) | Fibonacci Extension Level 123.6% |
| Current Price | 104.40 | Banaras Beads's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 99.45 (-4.75%) | Price Action: 26 Aug 2024 High |
| Stop Loss 2 | 98.45 (-5.7%) | Price Action: Oct 2022 High |
| Stop Loss 3 | 97.44 (-6.67%) | Price Action: 28 Aug 2024 Low |
Summary: Banaras Beads Share Price Prediction For 2025
In summary, Banaras Beads has surged by ₹8.80, achieving a notable +9.21% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Banaras Beads for 2025 predicts an additional rise of 23.22% to 26.82% by the end of 2025 with three potential targets T1: 128.65, T2: 129.94, T3: 132.41. Stop Loss at SL1: 99.45, SL2: 98.45, SL3: 97.44.
Banaras Beads has a All-Time high of ₹119.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹81.70, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Banaras Beads, we have created a specific page for that check here: Banaras Beads Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Banaras Beads Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Banaras Beads share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 1.42% over the next 15 years.
For complete year by year Banaras Beads long term share price target from 2024, 2025 to 2039 check the below table.
Banaras Beads Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Banaras Beads Target | YoY Change % |
|---|---|---|
| 2024 | ₹104.4 | [Current Price] |
| 2024 | ₹89.77 | -14.02% |
| 2025 | ₹96.25 | 7.21% |
| 2026 | ₹100.38 | 4.29% |
| 2027 | ₹99.83 | -0.55% |
| 2028 | ₹98.62 | -1.22% |
| 2029 | ₹93.99 | -4.7% |
| 2030 | ₹100.73 | 7.17% |
| 2031 | ₹105 | 4.23% |
| 2032 | ₹104.38 | -0.6% |
| 2033 | ₹103.08 | -1.25% |
| 2034 | ₹98.2 | -4.74% |
| 2035 | ₹105.2 | 7.12% |
| 2036 | ₹109.63 | 4.21% |
| 2037 | ₹108.94 | -0.63% |
| 2038 | ₹107.54 | -1.29% |
| 2039 | ₹109.42 | 1.74% |
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Banaras Beads Past Performance
- In 1995, Banaras Beads opening price was ₹68.18
- As of Fri 06 Sep 2024 the price stands at ₹104.4.
- This represents a Compound Annual Growth Rate (CAGR) of 1.43%.
- In 29 years, an investment of 10,000 would have become ₹15,312.4.
As we wrap up, we hope you like our study on Banaras Beads share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
