Bang Overseas (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Bang Overseas Limited |
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Price: ₹83.89 | ||
| 52 Week Low: ₹43.10 52 Week High: ₹96.43 |
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| Market Capital: 74.29 Crore (Smallcap) | |||
| Consumer Cyclical -> Apparel Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Bang Overseas Share Price Target For 2024
- 1.1.1: Bang Overseas Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Bang Overseas Share Price Target For 2025
- 1.2.1: Bang Overseas Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Bang Overseas Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Bang Overseas Brief Company Overview
- 4: Bang Overseas Financial Performance
- 4.0.1: Is Bang Overseas A Good Buy For Long Term?
To predict the Bang Overseas'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
Bang Overseas Share Price Target For 2024
The line chart displays the monthly closing prices of Bang Overseas 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 Bang Overseas shares in 2024, see the table below.
Bang Overseas Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 93.67 (+11.65%) | Fibonacci Extension Level 23.60% |
| 2024 Target 2 | 92.0 (+9.66%) | Price Action: Mar 2008 Low |
| 2024 Target 1 | 90.83 (+8.27%) | Price Action: 23 Dec 2024 High |
| Current Price | 83.89 | Bang Overseas's share price as of 26 Dec 2024 |
| Stop Loss 1 | 81.0 (-3.45%) | Price Action: 11 Dec 2024 High |
| Stop Loss 2 | 80.15 (-4.46%) | Price Action: 05 Dec 2024 Low |
| Stop Loss 3 | 79.25 (-5.54%) | Price Action: Feb 2009 Low |
Short-Term Technical Outlook
Current Technical Position: Bang Overseas is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹72.66 serves as the nearest technical reference point.
Historical Returns: 3-month: +60.13% | 6-month: +82.17% | 1-year: +74.23%
Bang Overseas Share Price Target For 2025
The line chart displays the monthly closing prices of Bang Overseas 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 Bang Overseas shares in 2025, see the table below.
Bang Overseas Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 123.09 (+46.72%) | Fibonacci Extension Level 150.00% |
| 2025 Target 2 | 119.69 (+42.67%) | Price Action: Chart |
| 2025 Target 1 | 118.5 (+41.25%) | Fibonacci Extension Level 64.90% |
| Current Price | 83.89 | Bang Overseas's share price as of 26 Dec 2024 |
| Stop Loss 1 | 75.96 (-9.46%) | Price Action: 12 Dec 2024 High |
| Stop Loss 2 | 75.1 (-10.48%) | Price Action: 20 Nov 2023 High |
| Stop Loss 3 | 74.1 (-11.68%) | Price Action: 18 Dec 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Bang Overseas is currently trading near its 52-week high of ₹96.43, 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: +74.23% | 3-year: +130.15% | 5-year: +399.35%
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Approach 2: Machine Learning By Studying Historical Prices
Bang Overseas Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹83.89 | ||
| 2024 | ₹54.73 | -34.75% | ₹55.55 |
| 2025 | ₹63.16 | +15.4% | ₹64.11 |
| 2026 | ₹66.49 | +5.27% | ₹67.49 |
| 2027 | ₹67.50 | +1.51% | ₹73.99 |
| 2028 | ₹80.96 | +19.94% | ₹82.17 |
| 2029 | ₹80.72 | -0.29% | ₹84.59 |
| 2030 | ₹90.55 | +12.17% | ₹91.91 |
| 2031 | ₹93.02 | +2.72% | ₹94.89 |
| 2032 | ₹92.46 | -0.6% | ₹99.78 |
| 2033 | ₹108.83 | +17.7% | ₹110.46 |
| 2034 | ₹106.72 | -1.93% | ₹108.32 |
| 2035 | ₹117.95 | +10.52% | ₹119.72 |
| 2036 | ₹119.56 | +1.36% | ₹122.76 |
| 2037 | ₹117.41 | -1.79% | ₹129.73 |
| 2038 | ₹136.69 | +16.42% | ₹138.74 |
| 2039 | ₹128.57 | -5.94% | ₹140.57 |
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.
Bang Overseas Brief Company Overview
Bang Overseas Limited: A Textile Giant Bang Overseas Limited is a leading manufacturer and trader of textile and textile products with a global presence. Key Products and Services: Men's formal and casual wear Branded offerings: Thomas Scott,...
Italian Gold, Hammersmith, Bang & Scott, Bang Europa, FCC Founded in 1992 and headquartered in Mumbai, India, Bang Overseas has established itself as a reputable name in the textile industry. Their diverse product range caters to a wide customer base. Commitment to Excellence: Bang Overseas is committed to providing high-quality products and services, driven by innovation and customer satisfaction.Bang Overseas Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 74.29 Crore | Market valuation of Bang Overseas's shares. |
| Revenue (TTM) | 145.97 Crore | Total revenue generated by Bang Overseas over the past twelve months. |
| Net Income (TTM) | -11.61 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -16.1% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -7.96% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+41.3% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
30.42 | Company's total debt divided by total shareholder equity. |
| Total Debt | 27.17 Crore | Sum of Bang Overseas's current & long-term financial obligations. |
| Total Cash | 3.79 Crore | Total amount of liquid funds available to Bang Overseas. |
| Beta | 0.12 | Beta is less than 1 indicating that the Bang Overseas's price is less volatile than the market. |
Is Bang Overseas A Good Buy For Long Term?
Bang Overseas, a small-cap stock with a market capitalization of ₹74.29 crore, presents a mixed picture. While its revenue reached ₹145.97 crore in the last 12 months (TTM), it incurred a net loss of ₹11.61 crore, resulting in a negative profit margin of -7.96%. Despite a substantial 73.73% return over the past three years, the five-year return is -6.41%, indicating significant volatility. The company holds ₹3.79 crore in cash but has a debt of ₹27.17 crore (Q1 2024-25). Considering the current financial performance and high debt-to-cash ratio, Bang Overseas is not a good buy for the long term. Further investigation into the reasons for the losses and future growth prospects is recommended.
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.
