Banaras Beads (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Banaras Beads Limited |
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Price: ₹129.03 | ||
| 52 Week Low: ₹81.70 52 Week High: ₹169.52 |
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| Market Capital: 87.36 Crore (Smallcap) | |||
| Consumer Cyclical -> Footwear & Accessories | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Banaras Beads Share Price Target For 2024
- 1.1.1: Banaras Beads Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Banaras Beads Share Price Target For 2025
- 1.2.1: Banaras Beads Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Banaras Beads Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Banaras Beads Brief Company Overview
- 4: Banaras Beads Financial Performance
- 4.0.1: Is Banaras Beads A Good Buy For Long Term?
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.
Banaras Beads Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 139.18 (+7.86%) | Price Action: 10 Dec 2024 Low |
| 2024 Target 2 | 137.72 (+6.73%) | Price Action: 14 Nov 2024 High |
| 2024 Target 1 | 135.72 (+5.18%) | Price Action: 19 Dec 2024 High |
| Current Price | 129.03 | Banaras Beads's share price as of 23 Dec 2024 |
| Stop Loss 1 | 126.0 (-2.35%) | Price Action: Dec 2024 Low |
| Stop Loss 2 | 124.12 (-3.81%) | Price Action: 25 Oct 2024 Low |
| Stop Loss 3 | 121.9 (-5.53%) | Price Action: 23 Oct 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Banaras Beads is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹135.6 serves as the nearest technical reference point.
Historical Returns: 3-month: +12.62% | 6-month: +25.91% | 1-year: +34.72%
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.
Banaras Beads Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 193.86 (+50.24%) | Price Action: Chart |
| 2025 Target 2 | 190.25 (+47.44%) | Fibonacci Extension Level 123.60% |
| 2025 Target 1 | 186.03 (+44.17%) | Fibonacci Extension Level 64.90% |
| Current Price | 129.03 | Banaras Beads's share price as of 23 Dec 2024 |
| Stop Loss 1 | 111.35 (-13.71%) | Technical Indicator: MA150 |
| Stop Loss 2 | 110.24 (-14.57%) | Price Action: Chart |
| Stop Loss 3 | 106.72 (-17.3%) | Technical Indicator: MA200 |
Long-Term Technical Outlook
52-Week Range Analysis: Banaras Beads is currently trading at 53.9% of its 52-week range (₹81.7 - ₹169.52).
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: +34.72% | 3-year: +72.39% | 5-year: +361.92%
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Approach 2: Machine Learning By Studying Historical Prices
Banaras Beads Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹129.03 | ||
| 2024 | ₹132.16 | +2.42% | ₹134.14 |
| 2025 | ₹232.09 | +75.61% | ₹235.57 |
| 2026 | ₹311.86 | +34.37% | ₹316.54 |
| 2027 | ₹384.01 | +23.13% | ₹389.77 |
| 2028 | ₹435.22 | +13.33% | ₹441.75 |
| 2029 | ₹483.16 | +11.01% | ₹534.01 |
| 2030 | ₹634.65 | +31.35% | ₹644.17 |
| 2031 | ₹713.48 | +12.42% | ₹724.18 |
| 2032 | ₹777.24 | +8.93% | ₹788.90 |
| 2033 | ₹805.14 | +3.58% | ₹835.94 |
| 2034 | ₹834.15 | +3.6% | ₹936.58 |
| 2035 | ₹1,037.22 | +24.34% | ₹1,052.78 |
| 2036 | ₹1,115.09 | +7.5% | ₹1,131.82 |
| 2037 | ₹1,170.48 | +4.96% | ₹1,188.04 |
| 2038 | ₹1,175.06 | +0.39% | ₹1,238.50 |
| 2039 | ₹1,157.23 | -1.51% | ₹1,339.14 |
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.
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.Banaras Beads Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 87.36 Crore | Market valuation of Banaras Beads's shares. |
| Revenue (TTM) | 31.11 Crore | Total revenue generated by Banaras Beads over the past twelve months. |
| Net Income (TTM) | +3.14 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +17.48% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +10.11% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+21.4% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+28.7% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
28.27 | Company's total debt divided by total shareholder equity. |
| Total Debt | 15.87 Crore | Sum of Banaras Beads's current & long-term financial obligations. |
| Total Cash | 10.18 Crore | Total amount of liquid funds available to Banaras Beads. |
| Beta | 0.18 | 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, while exhibiting impressive growth (199.04% over 5 years, 60.05% in the last 12 months), presents a mixed picture for long-term investors. Its high revenue growth (21.4% QoQ) and substantial past returns are positive. However, a relatively low profit margin (10.11%) and significant debt (15.87 Crore) against a smaller cash balance (10.18 Crore) raise concerns about its financial stability. Further investigation into the nature of its debt and future profitability is crucial before considering it a long-term buy. Therefore, it's currently an average buy at best, requiring more due diligence.
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.
