Century Enka (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Century Enka Limited |
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Price: ₹634.35 | ||
| 52 Week Low: ₹377.75 52 Week High: ₹864.90 |
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| Market Capital: 1,356.9 Crore (Smallcap) | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Century Enka Share Price Target For 2024
- 1.1.1: Century Enka Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Century Enka Share Price Target For 2025
- 1.2.1: Century Enka Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Century Enka Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Century Enka Brief Company Overview
- 3.1: Century Enka Limited: Key Points
- 4: Century Enka Financial Performance
- 4.0.1: Is Century Enka A Good Buy For Long Term?
To predict the Century Enka'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
Century Enka Share Price Target For 2024
The line chart displays the monthly closing prices of Century Enka 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 Century Enka shares in 2024, see the table below.
Century Enka Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 669.45 (+5.53%) | Price Action: 06 Dec 2024 High |
| 2024 Target 2 | 662.56 (+4.44%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 654.0 (+3.09%) | Price Action: 26 Nov 2024 High |
| Current Price | 634.35 | Century Enka's share price as of 23 Dec 2024 |
| Stop Loss 1 | 625.91 (-1.34%) | Price Action: Mar 1992 High |
| Stop Loss 2 | 612.0 (-3.53%) | Price Action: 19 Nov 2024 Low |
| Stop Loss 3 | 605.45 (-4.55%) | Price Action: 21 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Century Enka is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹638.05 serves as the nearest technical reference point.
Historical Returns: 3-month: -4.74% | 6-month: +12.74% | 1-year: +49.98%
Century Enka Share Price Target For 2025
The line chart displays the monthly closing prices of Century Enka 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 Century Enka shares in 2025, see the table below.
Century Enka Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 984.95 (+55.26%) | Price Action: Chart |
| 2025 Target 2 | 966.58 (+52.37%) | Fibonacci Extension Level 123.60% |
| 2025 Target 1 | 946.23 (+49.16%) | Fibonacci Extension Level 64.90% |
| Current Price | 634.35 | Century Enka's share price as of 23 Dec 2024 |
| Stop Loss 1 | 561.0 (-11.57%) | Price Action: 29 Oct 2024 Low |
| Stop Loss 2 | 551.54 (-13.06%) | Price Action: 23 Oct 2024 Low |
| Stop Loss 3 | 543.95 (-14.26%) | Price Action: 25 Oct 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Century Enka is currently trading at 52.7% of its 52-week range (₹377.75 - ₹864.9).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +49.98% | 3-year: +50.3% | 5-year: +304.81%
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Approach 2: Machine Learning By Studying Historical Prices
Century Enka Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹634.35 | ||
| 2024 | ₹711.49 | +12.16% | ₹722.16 |
| 2025 | ₹899.40 | +26.41% | ₹912.89 |
| 2026 | ₹1,149.05 | +27.75% | ₹1,166.29 |
| 2027 | ₹1,394.73 | +21.38% | ₹1,415.65 |
| 2028 | ₹1,649.11 | +18.23% | ₹1,673.85 |
| 2029 | ₹1,821.64 | +10.46% | ₹1,848.96 |
| 2030 | ₹1,968.96 | +8.08% | ₹2,012.69 |
| 2031 | ₹2,252.94 | +14.42% | ₹2,286.73 |
| 2032 | ₹2,518.70 | +11.79% | ₹2,556.48 |
| 2033 | ₹2,793.60 | +10.91% | ₹2,835.50 |
| 2034 | ₹2,931.79 | +4.94% | ₹2,975.77 |
| 2035 | ₹3,038.53 | +3.64% | ₹3,126.18 |
| 2036 | ₹3,356.84 | +10.47% | ₹3,407.19 |
| 2037 | ₹3,642.67 | +8.51% | ₹3,697.31 |
| 2038 | ₹3,938.10 | +8.11% | ₹3,997.17 |
| 2039 | ₹3,872.45 | -1.66% | ₹3,961.29 |
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.
Century Enka Brief Company Overview
Century Enka Limited: Key Points
- Products: Nylon filament yarns, tyre cord fabrics
- History: Founded in 1965, headquartered in Pune, India
- Market Presence: India and internationally
Services: Production and sale of synthetic yarns
Century Enka Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,356.9 Crore | Market valuation of Century Enka's shares. |
| Revenue (TTM) | 1,983.54 Crore | Total revenue generated by Century Enka over the past twelve months. |
| Net Income (TTM) | +70.66 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +4.41% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +3.56% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+35.29% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+398.8% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
3.71 | Company's total debt divided by total shareholder equity. |
| Total Debt | 51.92 Crore | Sum of Century Enka's current & long-term financial obligations. |
| Total Cash | 321.34 Crore | Total amount of liquid funds available to Century Enka. |
| Beta | 0.49 | Beta is less than 1 indicating that the Century Enka's price is less volatile than the market. |
Is Century Enka A Good Buy For Long Term?
Century Enka, a small-cap stock with a market capitalization of ₹1,356.9 crore, shows strong recent performance: 42.37% YTD return and impressive multi-year returns. While its Q2 2024-25 net profit of ₹70.66 crore represents a 3.56% profit margin, a relatively low figure, the company holds a substantial cash balance of ₹321.34 crore against a debt of ₹51.92 crore. Considering its growth trajectory and healthy cash position, Century Enka could be considered an average buy for long-term investors, though further in-depth analysis is recommended.
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.
