Birla Cable (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Birla Cable Limited |
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Price: ₹216.11 | ||
| 52 Week Low: ₹199.60 52 Week High: ₹340.00 |
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| Market Capital: 615.59 Crore (Smallcap) | |||
| Technology -> Communication Equipment | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Birla Cable Share Price Target For 2024
- 1.1.1: Birla Cable Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Birla Cable Share Price Target For 2025
- 1.2.1: Birla Cable Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Birla Cable Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Birla Cable Brief Company Overview
- 4: Birla Cable Financial Performance
- 4.0.1: Is Birla Cable A Good Buy For Long Term?
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
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 225.8 (+4.48%) | Price Action: 04 Dec 2024 High |
| 2024 Target 2 | 223.55 (+3.44%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 221.02 (+2.27%) | Price Action: 05 Nov 2024 Low |
| Current Price | 216.11 | Birla Cable's share price as of 23 Dec 2024 |
| Stop Loss 1 | 213.76 (-1.09%) | Price Action: Mar 2024 Low |
| Stop Loss 2 | 211.25 (-2.25%) | Price Action: 18 Nov 2024 High |
| Stop Loss 3 | 208.32 (-3.61%) | Price Action: 25 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Birla Cable is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹220.32 serves as the nearest technical reference point.
Historical Returns: 3-month: -15.05% | 6-month: -10.39% | 1-year: -24.37%
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
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 314.83 (+45.68%) | Price Action: Chart |
| 2025 Target 2 | 308.96 (+42.96%) | Price Action: Chart |
| 2025 Target 1 | 305.9 (+41.54%) | Fibonacci Extension Level 64.90% |
| Current Price | 216.11 | Birla Cable's share price as of 23 Dec 2024 |
| Stop Loss 1 | 194.59 (-9.96%) | Price Action: Jul 2023 High |
| Stop Loss 2 | 191.72 (-11.29%) | Price Action: Jan 2019 High |
| Stop Loss 3 | 188.27 (-12.89%) | Price Action: Jun 2023 High |
Long-Term Technical Outlook
52-Week Range Analysis: Birla Cable is currently trading near its 52-week low of ₹199.6, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -24.37% | 3-year: +110.3% | 5-year: +266.57%
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Approach 2: Machine Learning By Studying Historical Prices
Birla Cable Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹216.11 | ||
| 2024 | ₹231.48 | +7.11% | ₹236.72 |
| 2025 | ₹210.57 | -9.03% | ₹233.06 |
| 2026 | ₹194.49 | -7.63% | ₹216.24 |
| 2027 | ₹179.68 | -7.61% | ₹197.53 |
| 2028 | ₹170.33 | -5.2% | ₹177.12 |
| 2029 | ₹149.87 | -12.01% | ₹163.81 |
| 2030 | ₹176.03 | +17.45% | ₹178.67 |
| 2031 | ₹166.44 | -5.44% | ₹182.57 |
| 2032 | ₹157.96 | -5.09% | ₹170.20 |
| 2033 | ₹154.50 | -2.19% | ₹157.83 |
| 2034 | ₹178.13 | +15.29% | ₹183.42 |
| 2035 | ₹168.13 | -5.61% | ₹180.94 |
| 2036 | ₹161.84 | -3.74% | ₹175.31 |
| 2037 | ₹156.65 | -3.2% | ₹167.21 |
| 2038 | ₹156.59 | -0.03% | ₹159.10 |
| 2039 | ₹372.87 | +138.11% | ₹378.46 |
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.
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 and related accessories. 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 | 615.59 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 ₹615.59 crore, presents a mixed picture for long-term investors. While its revenue reached ₹684.31 crore in the last twelve months (TTM), resulting in a net profit of ₹7.35 crore (a 1.07% profit margin), recent performance is concerning. A significant debt of ₹148.33 crore (Q2 2024-25) against a cash balance of only ₹13.65 crore raises red flags. Negative returns over the past year (-33.13%) and quarter (-31.13%) are troubling. Although past three-year returns were positive (261.3%), this doesn't guarantee future performance. Therefore, Birla Cable is currently a NOT A GOOD BUY for long-term investment.
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.
