Carborundum (Large Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Carborundum Universal Limited |
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Price: ₹1,315.30 | ||
| 52 Week Low: ₹1,025.60 52 Week High: ₹1,841.15 |
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| Market Capital: 26,808.33 Crore (Largecap) | |||
| Industrials -> Conglomerates | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Carborundum Share Price Target For 2024
- 1.1.1: Carborundum Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Carborundum Share Price Target For 2025
- 1.2.1: Carborundum Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Carborundum Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Carborundum Brief Company Overview
- 4: Carborundum Financial Performance
- 4.0.1: Is Carborundum A Good Buy For Long Term?
To predict the Carborundum'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
Carborundum Share Price Target For 2024
The line chart displays the monthly closing prices of Carborundum 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 Carborundum shares in 2024, see the table below.
Carborundum Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 1361.0 (+3.47%) | Price Action: 13 Dec 2024 High |
| 2024 Target 2 | 1347.25 (+2.42%) | Price Action: 16 Dec 2024 High |
| 2024 Target 1 | 1330.0 (+1.11%) | Price Action: 18 Dec 2024 High |
| Current Price | 1315.30 | Carborundum's share price as of 20 Dec 2024 |
| Stop Loss 1 | 1287.55 (-2.11%) | Price Action: Chart |
| Stop Loss 2 | 1258.39 (-4.33%) | Price Action: Sep 2023 High |
| Stop Loss 3 | 1232.43 (-6.31%) | Price Action: Jul 2023 High |
Short-Term Technical Outlook
Current Technical Position: Carborundum is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹1387.51 serves as the nearest technical reference point.
Historical Returns: 3-month: -17.16% | 6-month: +0.12% | 1-year: +33.01%
Carborundum Share Price Target For 2025
The line chart displays the monthly closing prices of Carborundum 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 Carborundum shares in 2025, see the table below.
Carborundum Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1882.8 (+43.14%) | Price Action: Chart |
| 2025 Target 2 | 1847.69 (+40.47%) | Price Action: Chart |
| 2025 Target 1 | 1829.4 (+39.08%) | Fibonacci Extension Level 64.90% |
| Current Price | 1315.30 | Carborundum's share price as of 20 Dec 2024 |
| Stop Loss 1 | 1176.72 (-10.54%) | Price Action: Feb 2024 High |
| Stop Loss 2 | 1162.85 (-11.60%) | Price Action: Jul 2023 Low |
| Stop Loss 3 | 1142.29 (-13.16%) | Price Action: Jun 2023 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Carborundum is currently trading at 35.5% of its 52-week range (₹1025.6 - ₹1841.15).
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: +33.01% | 3-year: +250.92% | 5-year: +295.91%
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Approach 2: Machine Learning By Studying Historical Prices
Carborundum Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹1,315.30 | ||
| 2024 | ₹1,578.30 | +20.00% | ₹1,601.97 |
| 2025 | ₹1,570.61 | -0.49% | ₹1,618.03 |
| 2026 | ₹1,637.78 | +4.28% | ₹1,705.49 |
| 2027 | ₹1,757.39 | +7.30% | ₹1,792.95 |
| 2028 | ₹1,771.29 | +0.79% | ₹1,880.41 |
| 2029 | ₹1,920.78 | +8.44% | ₹1,949.59 |
| 2030 | ₹1,897.25 | -1.23% | ₹1,967.87 |
| 2031 | ₹1,964.78 | +3.56% | ₹2,055.33 |
| 2032 | ₹2,094.80 | +6.62% | ₹2,142.79 |
| 2033 | ₹2,098.79 | +0.19% | ₹2,230.25 |
| 2034 | ₹2,263.26 | +7.84% | ₹2,297.21 |
| 2035 | ₹2,223.88 | -1.74% | ₹2,317.71 |
| 2036 | ₹2,291.78 | +3.05% | ₹2,405.16 |
| 2037 | ₹2,432.21 | +6.13% | ₹2,492.62 |
| 2038 | ₹2,426.30 | -0.24% | ₹2,580.08 |
| 2039 | ₹2,567.73 | +5.83% | ₹2,606.25 |
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.
Carborundum Brief Company Overview
Carborundum Universal Limited: A Comprehensive Overview Carborundum Universal Limited, established in 1954, is a renowned manufacturer and supplier of abrasives, ceramics, and electrominerals in India and globally. Diverse Product Portfolio Surface Engineering: Abrasives,...
metal working fluids, power tools Technical Ceramics: Industrial ceramics for various industries Super Refractory Solutions: Super refractories, construction chemicals, FRP equipment Electrominerals: Alumina, carbides, zirconia, grit powders Global Presence Carborundum Universal Limited serves a diverse international customer base, solidifying its global presence. Commitment to Innovation The company is dedicated to continuous research and development, driving innovation in its product offerings. Market Reputation Carborundum Universal Limited has earned a strong reputation in the industry for its quality products and customer satisfaction.Carborundum Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 26,808.33 Crore | Market valuation of Carborundum's shares. |
| Revenue (TTM) | 4,774.28 Crore | Total revenue generated by Carborundum over the past twelve months. |
| Net Income (TTM) | +4,749,599,744.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +11.68% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +9.94% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+6.80% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+13.70% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
5.16 | Company's total debt divided by total shareholder equity. |
| Total Debt | 178.88 Crore | Sum of Carborundum's current & long-term financial obligations. |
| Total Cash | 390.3 Crore | Total amount of liquid funds available to Carborundum. |
| Beta | 0.64 | Beta is less than 1 indicating that the Carborundum's price is less volatile than the market. |
Is Carborundum A Good Buy For Long Term?
Carborundum (market cap: ₹26,808.33 crore), while showing strong long-term growth (293.51% over 5 years), presents a mixed picture. The Q2 2024-25 report reveals a healthy cash balance (₹390.3 crore) against relatively low debt (₹178.88 crore) and a decent profit margin (9.94%). However, recent performance shows a dip (-17.78% over the past 3 months). Considering the impressive past performance and financial health, it's an average buy for the long term, warranting further investigation into the reasons behind the recent downturn before making a definitive investment decision.
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.
