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Bits Share Price Target 2024, 2025, 2026 to 2039 With Charts
Bits Limited | |||
 | Symbol: BITS | ||
| Price: ₹27.98 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 1: Bits Brief Company Overview
- 1.1: Company Overview
- 1.2: Bits Financial Performance
- 1.2.1: Is Bits A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Bits Share Price Target For 2024
- 2.1.1: Bits Share Price Target Table For 2024
- 2.1.2: Summary: Bits Share Price Prediction For 2024
- 2.2: Bits Share Price Target For 2025
- 2.2.1: Bits Share Price Target Table For 2025
- 2.2.2: Summary: Bits Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Bits Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Bits Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Bits Past Performance
Bits Brief Company Overview
Company Overview
The fund actively invests in equity securities of U.S. and non-U.S. "Blockchain Companies" and holds long positions in U.S. listed bitcoin futures contracts. At least 80% of the fund's net assets, plus borrowed amounts, are invested in Blockchain Companies and long positions on U.S. listed Bitcoin Futures contracts.
The fund is non-diversified, meaning it does not hold a wide range of investments.
Bits Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 273.08 Crore | Market valuation of Bits's shares. |
| Revenue (TTM) | 89.48 Lakh | Total revenue generated by Bits over the past twelve months. |
| Net Income (TTM) | +2.41 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 15.79% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 69.76% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +0.81% | Change in revenue compared to the previous quarter. |
Is Bits A Good Buy For Long Term?
Bits, a small-cap stock with a market capitalization of ₹295.23 crore, shows extraordinary returns over the past year (2800%), though revenue remains relatively low at ₹89.48 lakh (TTM). While its profit margin is exceptionally high at 81.84%, the small size and volatile performance raise significant risk. Despite impressive past returns, long-term investment in Bits is a HIGH-RISK, HIGH-REWARD proposition. Further due diligence, including a thorough examination of the company's business model and future prospects, is crucial before considering a long-term investment.
To predict the Bits'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
Bits Share Price Target For 2024
The line chart displays the monthly closing prices of Bits 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 Bits shares in 2024, see the table below.
Bits Share Price Target Table For 2024
| Bits's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 28.80 (+2.93%) | Price Action: Chart |
| 2024 Target 2 | 28.26 (+1%) | Price Action: Chart |
| 2024 Target 1 | 27.98 (0%) | Fibonacci Extension Level 199% |
| Current Price | 27.98 | Bits's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 27.98 (0%) | Fibonacci Retracement Extended 82.6% |
| Stop Loss 2 | 27.44 (-1.93%) | Price Action: 19 Nov 2024 High |
| Stop Loss 3 | 26.91 (-3.83%) | Price Action: 18 Nov 2024 High |
Summary: Bits Share Price Prediction For 2024
In summary, Bits has surged by ₹26.27, achieving a notable +1,536.26% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Bits for 2024 predicts an additional rise of 0% to 2.93% by the end of 2024 with three potential targets T1: 27.98, T2: 28.26, T3: 28.80. Stop Loss at SL1: 27.98, SL2: 27.44, SL3: 26.91.
Bits has a 52-week high of ₹27.98, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1.12, 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 Bits.
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Bits Share Price Target For 2025
The line chart displays the monthly closing prices of Bits 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 Bits shares in 2025, see the table below.
Bits Share Price Target Table For 2025
| Bits's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 46.87 (+67.51%) | Price Action: Chart |
| 2025 Target 2 | 46.00 (+64.4%) | Price Action: Chart |
| 2025 Target 1 | 45.54 (+62.75%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 27.98 | Bits's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 23.94 (-14.44%) | Price Action: 07 Nov 2024 High |
| Stop Loss 2 | 23.70 (-15.3%) | Price Action: Chart |
| Stop Loss 3 | 23.02 (-17.73%) | Price Action: 05 Nov 2024 High |
Summary: Bits Share Price Prediction For 2025
In summary, Bits has surged by ₹26.27, achieving a notable +1,536.26% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Bits for 2025 predicts an additional rise of 62.75% to 67.51% by the end of 2025 with three potential targets T1: 45.54, T2: 46.00, T3: 46.87. Stop Loss at SL1: 23.94, SL2: 23.70, SL3: 23.02.
Bits has a All-Time high of ₹27.98, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1.12, 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 Bits, we have created a specific page for that check here: Bits Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Bits Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Bits share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 23.57% over the next 15 years.
For complete year by year Bits long term share price target from 2024, 2025 to 2039 check the below table.
Bits Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Bits Target | YoY Change % |
|---|---|---|
| 2024 | ₹27.98 | [Current Price] |
| 2024 | ₹27.81 | -0.61% |
| 2025 | ₹62.91 | 126.21% |
| 2026 | ₹104.66 | 66.36% |
| 2027 | ₹132.28 | 26.39% |
| 2028 | ₹170.34 | 28.77% |
| 2029 | ₹201.74 | 18.43% |
| 2030 | ₹237.7 | 17.82% |
| 2031 | ₹291.6 | 22.67% |
| 2032 | ₹306.37 | 5.06% |
| 2033 | ₹347.81 | 13.52% |
| 2034 | ₹375.67 | 8.01% |
| 2035 | ₹412.49 | 9.8% |
| 2036 | ₹478.53 | 16.01% |
| 2037 | ₹480.45 | 0.4% |
| 2038 | ₹525.27 | 9.32% |
| 2039 | ₹538.09 | 2.44% |
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Bits Past Performance
- In 2013, Bits opening price was ₹0.08
- As of Thu 21 Nov 2024 the price stands at ₹27.98.
- This represents a Compound Annual Growth Rate (CAGR) of 62.92%.
- In 11 years, an investment of 10,000 would have become ₹34.97 Lakh.
As we wrap up, we hope you like our study on Bits 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.
