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CMI Share Price Target 2024, 2025, 2026 to 2039 With Charts
CMI Limited | |||
 | Symbol: CMICABLES | ||
| Price: ₹4.87 | |||
| Exchange: NSE | |||
| Industrials -> Electrical Equipment & Parts | |||
Show Table of Contents
Table of Contents
- 1: CMI Brief Company Overview
- 1.1: CMI Limited: A Leading Manufacturer of Wires and Cables
- 1.2: CMI Financial Performance
- 1.2.1: Is CMI A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: CMI Share Price Target For 2024
- 2.1.1: CMI Share Price Target Table For 2024
- 2.1.2: Summary: CMI Share Price Prediction For 2024
- 2.2: CMI Share Price Target For 2025
- 2.2.1: CMI Share Price Target Table For 2025
- 2.2.2: Summary: CMI Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: CMI Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: CMI Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: CMI Past Performance
CMI Brief Company Overview
CMI Limited: A Leading Manufacturer of Wires and Cables
Established in 1967, CMI Limited is a leading manufacturer and supplier of a diverse range of wires and cables.
Key Products and Services:
- Quad cables
- Railway signaling cables
- Fire survival cables
- Flexible multi-core copper cables
- Polythene insulated telecom cables
- Ethylene propylene rubber cables
- Flexible and building wires
CMI Limited caters to various industries, including railways, oil and gas, petrochemicals, space research, nuclear power, solar power, and telecommunications.
Reputation and Commitment:
CMI Limited has earned a strong reputation for its commitment to quality and customer satisfaction.
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CMI Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 7.83 Crore | Market valuation of CMI's shares. |
| Revenue (TTM) | 31.17 Crore | Total revenue generated by CMI over the past twelve months. |
| Net Income (TTM) | -89.21 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -18.42% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -286.2% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +336.8% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | -3.01 | Company's total debt divided by total shareholder equity. |
| Total Debt | 382.22 Crore | Sum of CMI's current & long-term financial obligations. |
| Total Cash | 93.02 Lakh | Total amount of liquid funds available to CMI. |
| Beta | 0.84 | Beta is less than 1 indicating that the CMI's price is less volatile than the market. |
Is CMI A Good Buy For Long Term?
CMI is a small-cap company with a significant debt burden of 382.22 Crore and a very low cash balance of 93.02 Lakh as of Q3-2023-24. The company has suffered massive losses in the past year, with a net profit of -89.21 Crore. Furthermore, the stock has experienced significant declines in recent years, with a 5-year return of -97.26%. This suggests the company faces significant challenges and is not a good buy for the long term.
To predict the CMI'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
CMI Share Price Target For 2024
The line chart displays the monthly closing prices of CMI 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 CMI shares in 2024, see the table below.
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CMI Share Price Target Table For 2024
| CMI's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 5.10 (+4.72%) | Fibonacci Extension Level 171.8% |
| 2024 Target 2 | 5.03 (+3.28%) | Fibonacci Extension Level 150% |
| 2024 Target 1 | 4.95 (+1.64%) | Fibonacci Extension Level 123.6% |
| Current Price | 4.87 | CMI's 1 share price as of Thu 05 Sep 2024 |
| Stop Loss 1 | 4.85 (-0.42%) | Price Action: Chart |
| Stop Loss 2 | 4.80 (-1.44%) | Price Action: 12 Aug 2024 High |
| Stop Loss 3 | 4.75 (-2.47%) | Fibonacci Retracement Level 38.2% |
Summary: CMI Share Price Prediction For 2024
In summary, CMI has declined by ₹-1.18, recording a notable -19.50% decrease from 1st January 2024 to 05 Sep 2024. Despite the setback, our analysis of CMI for 2024 predicts an additional rise of 1.64% to 4.72% by the end of 2024 with three potential targets T1: 4.95, T2: 5.03, T3: 5.10. Stop Loss at SL1: 4.85, SL2: 4.80, SL3: 4.75.
CMI has a 52-week high of ₹8.19, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹4.22, 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 CMI.
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CMI Share Price Target For 2025
The line chart displays the monthly closing prices of CMI 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 CMI shares in 2025, see the table below.
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CMI Share Price Target Table For 2025
| CMI's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 7.86 (+61.39%) | Price Action: Chart |
| 2025 Target 2 | 7.71 (+58.31%) | Price Action: Chart |
| 2025 Target 1 | 7.63 (+56.67%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 4.87 | CMI's 1 share price as of Thu 05 Sep 2024 |
| Stop Loss 1 | 4.22 (-13.35%) | Price Action: 26 Aug 2024 Low |
| Stop Loss 2 | 4.18 (-14.17%) | Price Action: Chart |
| Stop Loss 3 | 4.10 (-15.82%) | Price Action: Chart |
Summary: CMI Share Price Prediction For 2025
In summary, CMI has declined by ₹-1.18, recording a notable -19.50% decrease from 1st January 2024 to 05 Sep 2024. Despite the setback, our analysis of CMI for 2025 predicts an additional rise of 56.67% to 61.39% by the end of 2025 with three potential targets T1: 7.63, T2: 7.71, T3: 7.86. Stop Loss at SL1: 4.22, SL2: 4.18, SL3: 4.10.
CMI has a All-Time high of ₹372.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹4.22, 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 CMI, we have created a specific page for that check here: CMI Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
CMI Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of CMI share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -17.99% over the next 1 years.
For complete year by year CMI long term share price target from 2024, 2025 to 2039 check the below table.
CMI Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | CMI Target | YoY Change % |
|---|---|---|
| 2024 | ₹4.87 | [Current Price] |
| 2024 | ₹3.89 | -20.13% |
| 2025 | ₹3.19 | -18% |
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CMI Past Performance
- In 2016, CMI opening price was ₹153.9
- As of Thu 05 Sep 2024 the price stands at ₹4.87.
- This represents a Compound Annual Growth Rate (CAGR) of -31.87%.
- In 8 years, an investment of 10,000 would have become ₹316.43.
As we wrap up, we hope you like our study on CMI 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.
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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.
