Select Page

Home / Share Price Target / Bimetal

Bimetal Bearings Share Price Target 2024, 2025, 2026 to 2039 With Charts

Bimetal Bearings Limited

Company LogoSymbol: BIMETAL
Price: ₹646.79
Exchange: BSE
->
Show Table of Contents

Bimetal Bearings Financial Performance

MetricValueDescription
Market Capital268.85 CroreMarket valuation of Bimetal Bearings's shares.
Revenue (TTM)224.68 CroreTotal revenue generated by Bimetal Bearings over the past twelve months.
Net Income (TTM)+10.18 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin6.01%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin30.51%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+12.46%Change in revenue compared to the previous quarter.
Debt-to-Equity
(D/E) Ratio
0.04Company's total debt divided by total shareholder equity.
Total Debt8.99 CroreSum of Bimetal Bearings's current & long-term financial obligations.
Total Cash27.09 LakhTotal amount of liquid funds available to Bimetal Bearings.

Is Bimetal Bearings A Good Buy For Long Term?

Bimetal Bearings, a small-cap stock with a market capitalization of ₹260.9 crore, shows mixed signals for long-term investment. While its impressive 3-year return (128.53%) and strong profit margin (30.51%) are positive indicators, the low cash balance (₹27.09 lakh) against a debt of ₹8.99 crore raises concerns. Revenue growth (12.46% QoQ) is moderate. Considering the relatively small market cap and debt burden, it's an average buy for long-term investors with a high-risk tolerance. Further due diligence is crucial before making an investment decision.

To predict the Bimetal Bearings'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

Bimetal Bearings Share Price Target For 2024

Bimetal Bearings Targets For 2024 Chart

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

Bimetal Bearings Share Price Target Table For 2024

Bimetal Bearings's LevelsValueReason/Importance
2024 Target 3662.78 (+2.47%)Custom Fibonacci Extension Lvl 82%
2024 Target 2652.34 (+0.85%)Price Action: 19 Nov 2024 Low
2024 Target 1645.84 (-0.15%)Custom Fibonacci Extension Lvl 23.6%
Current Price646.79Bimetal Bearings's 1 share price as of Thu 21 Nov 2024
Stop Loss 1636.90 (-1.53%)Price Action: Chart
Stop Loss 2630.04 (-2.59%)Price Action: Jun 2024 Low
Stop Loss 3621.08 (-3.98%)Fibonacci Retracement Extended 61.8%

Summary: Bimetal Bearings Share Price Prediction For 2024

In summary, Bimetal Bearings has surged by ₹42.69, achieving a notable +7.07% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Bimetal Bearings for 2024 predicts an additional rise of -0.15% to 2.47% by the end of 2024 with three potential targets T1: 645.84, T2: 652.34, T3: 662.78. Stop Loss at SL1: 636.90, SL2: 630.04, SL3: 621.08.

Bimetal Bearings has a 52-week high of ₹842.79, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹548.00, 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 Bimetal Bearings.

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Bimetal Bearings Share Price Target For 2025

Bimetal Bearings Targets For 2025 Chart

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

Bimetal Bearings Share Price Target Table For 2025

Bimetal Bearings's LevelsValueReason/Importance
2025 Target 3841.34 (+30.07%)Price Action: Chart
2025 Target 2825.65 (+27.65%)Price Action: Chart
2025 Target 1817.48 (+26.39%)Custom Fibonacci Extension Lvl 64.9%
Current Price646.79Bimetal Bearings's 1 share price as of Thu 21 Nov 2024
Stop Loss 1595.00 (-8.01%)Price Action: Apr 2018 High
Stop Loss 2587.80 (-9.13%)Price Action: Jun 2018 High
Stop Loss 3581.45 (-10.11%)Price Action: May 2018 High

Summary: Bimetal Bearings Share Price Prediction For 2025

In summary, Bimetal Bearings has surged by ₹42.69, achieving a notable +7.07% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Bimetal Bearings for 2025 predicts an additional rise of 26.39% to 30.07% by the end of 2025 with three potential targets T1: 817.48, T2: 825.65, T3: 841.34. Stop Loss at SL1: 595.00, SL2: 587.80, SL3: 581.45.

Bimetal Bearings has a All-Time high of ₹842.79, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹548.00, 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 Bimetal Bearings, we have created a specific page for that check here: Bimetal Bearings Share Price Target For Tomorrow & Next Week

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Approach 2: Machine Learning By Studying Historical Prices

Bimetal Bearings Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Bimetal Bearings Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Bimetal Bearings share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 8.26% over the next 15 years.

For complete year by year Bimetal Bearings long term share price target from 2024, 2025 to 2039 check the below table.

Bimetal Bearings Share Price Target Table From 2024, 2025, 2026 to 2039

YearBimetal Bearings TargetYoY Change %
2024₹646.79[Current Price]
2024₹738.2814.14%
2025₹839.9213.76%
2026₹910.768.43%
2027₹1,050.815.37%
2028₹1,111.055.73%
2029₹1,248.512.37%
2030₹1,349.918.12%
2031₹1,403.873.99%
2032₹1,564.1511.41%
2033₹1,605.512.64%
2034₹1,758.729.54%
2035₹1,859.895.75%
2036₹1,896.981.99%
2037₹2,077.489.51%
2038₹2,099.961.08%
2039₹2,242.266.77%

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Bimetal Bearings Past Performance

BIMETAL main
Bimetal Bearings has been listed on NSE for more than 24 years.
  • In 2000, Bimetal Bearings opening price was ₹118.25
  • As of Thu 21 Nov 2024 the price stands at ₹646.79.
  • This represents a Compound Annual Growth Rate (CAGR) of 7.03%.
  • In 24 years, an investment of 10,000 would have become ₹54,696.82.

As we wrap up, we hope you like our study on Bimetal Bearings 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.

For more insights into Bimetal Bearings Limited, explore these additional resources:-

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.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter