Select Page

Home / Share Price Target / Chandrima

Chandrima Mercantiles Share Price Target 2024, 2025, 2026 to 2039 With Charts

Chandrima Mercantiles Limited

Company LogoSymbol: CHANDRIMA
Price: ₹59.2
Exchange: BSE
->
Show Table of Contents

Chandrima Mercantiles Financial Performance

MetricValueDescription
Market Capital13.95 CroreMarket valuation of Chandrima Mercantiles's shares.
Revenue (TTM)19.38 CroreTotal revenue generated by Chandrima Mercantiles over the past twelve months.
Net Income (TTM)+26.3 LakhNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin1.36%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin9.27%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-40.77%Change in revenue compared to the previous quarter.
Debt-to-Equity
(D/E) Ratio
0.06Company's total debt divided by total shareholder equity.
Total Debt3.27 CroreSum of Chandrima Mercantiles's current & long-term financial obligations.
Total Cash69,000Total amount of liquid funds available to Chandrima Mercantiles.

Is Chandrima Mercantiles A Good Buy For Long Term?

Chandrima Mercantiles, a small-cap stock with a market capitalization of ₹12.88 crore, shows significant growth in recent returns (YTD: 699.03%, past 12 months: 704.55%). However, Q1 2024-25 reveals a concerning -40.77% revenue drop quarter-over-quarter and a low profit margin of 9.27%. The substantial debt of ₹3.27 crore against meager cash reserves of ₹69,000 raises serious financial stability concerns. While past performance is impressive, the current financial health makes it a not a good buy for long-term investment. Further investigation into the cause of the revenue decline is crucial before considering any investment.

To predict the Chandrima Mercantiles'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

Chandrima Mercantiles Share Price Target For 2024

Chandrima Mercantiles Targets For 2024 Chart

The line chart displays the monthly closing prices of Chandrima Mercantiles 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 Chandrima Mercantiles shares in 2024, see the table below.

Chandrima Mercantiles Share Price Target Table For 2024

Chandrima Mercantiles's LevelsValueReason/Importance
2024 Target 361.14 (+3.27%)Price Action: Chart
2024 Target 260.00 (+1.35%)Fibonacci Extension Level 199%
2024 Target 159.32 (+0.2%)Custom Fibonacci Extension Lvl 23.6%
Current Price59.20Chandrima Mercantiles's 1 share price as of Thu 21 Nov 2024
Stop Loss 159.14 (-0.11%)Fibonacci Retracement Level 71.8%
Stop Loss 258.38 (-1.39%)Price Action: 04 Nov 2024 High
Stop Loss 357.24 (-3.32%)Price Action: Oct 2024 High

Summary: Chandrima Mercantiles Share Price Prediction For 2024

In summary, Chandrima Mercantiles has surged by ₹51.91, achieving a notable +712.07% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Chandrima Mercantiles for 2024 predicts an additional rise of 0.2% to 3.27% by the end of 2024 with three potential targets T1: 59.32, T2: 60.00, T3: 61.14. Stop Loss at SL1: 59.14, SL2: 58.38, SL3: 57.24.

Chandrima Mercantiles has a 52-week high of ₹64.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹5.93, 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 Chandrima Mercantiles.

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Chandrima Mercantiles Share Price Target For 2025

Chandrima Mercantiles Targets For 2025 Chart

The line chart displays the monthly closing prices of Chandrima Mercantiles 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 Chandrima Mercantiles shares in 2025, see the table below.

Chandrima Mercantiles Share Price Target Table For 2025

Chandrima Mercantiles's LevelsValueReason/Importance
2025 Target 396.71 (+63.36%)Price Action: Chart
2025 Target 294.91 (+60.32%)Price Action: Chart
2025 Target 193.97 (+58.73%)Custom Fibonacci Extension Lvl 64.9%
Current Price59.20Chandrima Mercantiles's 1 share price as of Thu 21 Nov 2024
Stop Loss 150.86 (-14.09%)Price Action: 23 Oct 2024 High
Stop Loss 249.87 (-15.77%)Price Action: 22 Oct 2024 High
Stop Loss 348.90 (-17.4%)Price Action: 21 Oct 2024 High

Summary: Chandrima Mercantiles Share Price Prediction For 2025

In summary, Chandrima Mercantiles has surged by ₹51.91, achieving a notable +712.07% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Chandrima Mercantiles for 2025 predicts an additional rise of 58.73% to 63.36% by the end of 2025 with three potential targets T1: 93.97, T2: 94.91, T3: 96.71. Stop Loss at SL1: 50.86, SL2: 49.87, SL3: 48.90.

Chandrima Mercantiles has a All-Time high of ₹61.90, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹5.93, 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 Chandrima Mercantiles, we have created a specific page for that check here: Chandrima Mercantiles Share Price Target For Tomorrow & Next Week

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Approach 2: Machine Learning By Studying Historical Prices

Chandrima Mercantiles Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Chandrima Mercantiles Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Chandrima Mercantiles share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 21.99% over the next 15 years.

For complete year by year Chandrima Mercantiles long term share price target from 2024, 2025 to 2039 check the below table.

Chandrima Mercantiles Share Price Target Table From 2024, 2025, 2026 to 2039

YearChandrima Mercantiles TargetYoY Change %
2024₹59.2[Current Price]
2024₹74.6326.06%
2025₹149.94100.92%
2026₹278.8585.96%
2027₹394.0341.3%
2028₹517.9831.45%
2029₹504.84-2.54%
2030₹551.449.23%
2031₹765.1138.74%
2032₹903.4718.08%
2033₹1,050.0816.22%
2034₹935.04-10.96%
2035₹952.931.91%
2036₹1,251.3631.31%
2037₹1,412.9112.9%
2038₹1,582.1811.98%
2039₹1,206.6-23.74%

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Chandrima Mercantiles Past Performance

CHANDRIMA main
Chandrima Mercantiles has been listed on NSE for more than 6 years.
  • In 2018, Chandrima Mercantiles opening price was ₹18.89
  • As of Thu 21 Nov 2024 the price stands at ₹59.2.
  • This represents a Compound Annual Growth Rate (CAGR) of 17.72%.
  • In 6 years, an investment of 10,000 would have become ₹31,322.75.

As we wrap up, we hope you like our study on Chandrima Mercantiles 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.

For more insights into Chandrima Mercantiles Limited, explore these additional resources:-

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.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter