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Birla Cable Share Price Target 2024, 2025, 2026 to 2039 With Charts
Birla Cable Limited | |||
 | Symbol: BIRLACABLE | ||
| Price: ₹205.58 | |||
| Exchange: NSE | |||
| Technology -> Communication Equipment | |||
Show Table of Contents
Table of Contents
- 1: Birla Cable Brief Company Overview
- 1.1: Birla Cable Limited: A Leading Cable Manufacturer
- 1.2: Birla Cable Financial Performance
- 1.2.1: Is Birla Cable A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Birla Cable Share Price Target For 2024
- 2.1.1: Birla Cable Share Price Target Table For 2024
- 2.1.2: Summary: Birla Cable Share Price Prediction For 2024
- 2.2: Birla Cable Share Price Target For 2025
- 2.2.1: Birla Cable Share Price Target Table For 2025
- 2.2.2: Summary: Birla Cable Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Birla Cable Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Birla Cable Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Birla Cable Past Performance
Birla Cable Brief Company Overview
Birla Cable Limited: A Leading Cable Manufacturer
Birla Cable Limited, formerly known as Birla Ericsson Optical Limited, is a prominent manufacturer and supplier of cables in India and the international market. The company was established in 1992 and has its headquarters in Rewa, India.
Diverse Product Range: Birla Cable produces a wide array of cables, including
- Optical fiber cables
- Copper telecommunication cables
- Structured copper cables
- Specialty cables
Industry Reputation: Birla Cable has earned a strong reputation in the industry for its commitment to quality and innovation. They prioritize the satisfaction and expectations of customers.
Birla Cable Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 678.6 Crore | Market valuation of Birla Cable's shares. |
| Revenue (TTM) | 684.31 Crore | Total revenue generated by Birla Cable over the past twelve months. |
| Net Income (TTM) | +7.35 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 2.94% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 1.07% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +4% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -63.9% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 56.56 | Company's total debt divided by total shareholder equity. |
| Total Debt | 148.33 Crore | Sum of Birla Cable's current & long-term financial obligations. |
| Total Cash | 13.65 Crore | Total amount of liquid funds available to Birla Cable. |
| Beta | 0.46 | Beta is less than 1 indicating that the Birla Cable's price is less volatile than the market. |
Is Birla Cable A Good Buy For Long Term?
Birla Cable, a small-cap stock with a market capitalization of ₹616.19 crore, presents a mixed picture for long-term investment. While its revenue reached ₹684.31 crore in the last twelve months (TTM), a significant net profit decline of -63.9% compared to the same quarter last year and a meager 1.07% profit margin raise concerns. The substantial debt (₹148.33 crore) against a low cash balance (₹13.65 crore) further adds to the risk. Despite impressive 3-year returns (260.57%), recent performance shows a downward trend (-31.27% in the past 3 months). Therefore, it's currently not a good buy for long-term investors. Further investigation into the reasons for declining profitability is recommended.
To predict the Birla Cable'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
Birla Cable Share Price Target For 2024
The line chart displays the monthly closing prices of Birla Cable 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 Birla Cable shares in 2024, see the table below.
Birla Cable Share Price Target Table For 2024
| Birla Cable's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 207.75 (+1.05%) | Fibonacci Extension Level 171.8% |
| 2024 Target 2 | 205.04 (-0.27%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 1 | 203.00 (-1.26%) | Price Action: 18 Nov 2024 Low |
| Current Price | 205.58 | Birla Cable's 1 share price as of Fri 22 Nov 2024 |
| Stop Loss 1 | 201.66 (-1.91%) | Price Action: Chart |
| Stop Loss 2 | 198.39 (-3.5%) | Fibonacci Retracement Extended 28.2% |
| Stop Loss 3 | 195.84 (-4.74%) | Fibonacci Retracement Extended 82.6% |
Summary: Birla Cable Share Price Prediction For 2024
In summary, Birla Cable has declined by ₹-83.43, recording a notable -29.21% decrease from 1st January 2024 to 22 Nov 2024. Despite the setback, our analysis of Birla Cable for 2024 predicts an additional rise of -1.26% to 1.05% by the end of 2024 with three potential targets T1: 203.00, T2: 205.04, T3: 207.75. Stop Loss at SL1: 201.66, SL2: 198.39, SL3: 195.84.
Birla Cable has a 52-week high of ₹340.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹199.71, 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 Birla Cable.
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Birla Cable Share Price Target For 2025
The line chart displays the monthly closing prices of Birla Cable 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 Birla Cable shares in 2025, see the table below.
Birla Cable Share Price Target Table For 2025
| Birla Cable's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 301.60 (+46.7%) | Price Action: Chart |
| 2025 Target 2 | 295.98 (+43.97%) | Price Action: Chart |
| 2025 Target 1 | 293.05 (+42.54%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 205.58 | Birla Cable's 1 share price as of Fri 22 Nov 2024 |
| Stop Loss 1 | 181.10 (-11.91%) | Price Action: Aug 2018 High |
| Stop Loss 2 | 177.55 (-13.64%) | Price Action: Mar 2022 High |
| Stop Loss 3 | 172.80 (-15.95%) | Price Action: Apr 2022 High |
Summary: Birla Cable Share Price Prediction For 2025
In summary, Birla Cable has declined by ₹-83.43, recording a notable -29.21% decrease from 1st January 2024 to 22 Nov 2024. Despite the setback, our analysis of Birla Cable for 2025 predicts an additional rise of 42.54% to 46.7% by the end of 2025 with three potential targets T1: 293.05, T2: 295.98, T3: 301.60. Stop Loss at SL1: 181.10, SL2: 177.55, SL3: 172.80.
Birla Cable has a All-Time high of ₹429.70, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹199.71, 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 Birla Cable, we have created a specific page for that check here: Birla Cable Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Birla Cable Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Birla Cable share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 3.47% over the next 15 years.
For complete year by year Birla Cable long term share price target from 2024, 2025 to 2039 check the below table.
Birla Cable Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Birla Cable Target | YoY Change % |
|---|---|---|
| 2024 | ₹205.58 | [Current Price] |
| 2024 | ₹231.31 | 12.51% |
| 2025 | ₹210.22 | -9.12% |
| 2026 | ₹193.97 | -7.73% |
| 2027 | ₹178.97 | -7.74% |
| 2028 | ₹169.42 | -5.34% |
| 2029 | ₹148.8 | -12.18% |
| 2030 | ₹176.03 | 18.29% |
| 2031 | ₹166.44 | -5.45% |
| 2032 | ₹157.96 | -5.1% |
| 2033 | ₹154.5 | -2.2% |
| 2034 | ₹178.13 | 15.29% |
| 2035 | ₹168.13 | -5.62% |
| 2036 | ₹161.84 | -3.75% |
| 2037 | ₹156.65 | -3.21% |
| 2038 | ₹156.59 | -0.04% |
| 2039 | ₹372.87 | 138.11% |
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Birla Cable Past Performance
- In 1995, Birla Cable opening price was ₹71.59
- As of Fri 22 Nov 2024 the price stands at ₹205.58.
- This represents a Compound Annual Growth Rate (CAGR) of 3.58%.
- In 29 years, an investment of 10,000 would have become ₹28,712.29.
As we wrap up, we hope you like our study on Birla Cable 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.
