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Cords Cable Share Price Target 2024, 2025, 2026 to 2039 With Charts
Cords Cable Industries Limited | |||
 | Symbol: CORDSCABLE | ||
| Price: ₹213.82 | |||
| Exchange: NSE | |||
| Industrials -> Electrical Equipment & Parts | |||
Show Table of Contents
Table of Contents
- 1: Cords Cable Brief Company Overview
- 1.1: Key Products and Services:Power Cables Control Cables Instrumentation Cables Thermocouple Cables Communication CablesHistory and Expansion: Established in 1987 and headquartered in New Delhi, India, Cords Cable Industries Limited has steadily expanded, servicing various industries.Reputation and Market Presence: The company is renowned for its wide range of cables, which meet international quality standards and cater to diverse industry needs.Advertisement (adsbygoogle = window.adsbygoogle || []).push({}); Cords Cable Financial Performance
- 1.1.1: Is Cords Cable A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Cords Cable Share Price Target For 2024
- 2.1.1: Cords Cable Share Price Target Table For 2024
- 2.1.2: Summary: Cords Cable Share Price Prediction For 2024
- 2.2: Cords Cable Share Price Target For 2025
- 2.2.1: Cords Cable Share Price Target Table For 2025
- 2.2.2: Summary: Cords Cable Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Cords Cable Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Cords Cable Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Cords Cable Past Performance
Cords Cable Brief Company Overview
Cords Cable Industries Limited:
Key Products and Services:>- Power Cables
- Control Cables
- Instrumentation Cables
- Thermocouple Cables
- Communication Cables
History and Expansion:>
Established in 1987 and headquartered in New Delhi, India, Cords Cable Industries Limited has steadily expanded, servicing various industries.
Reputation and Market Presence:>
The company is renowned for its wide range of cables, which meet international quality standards and cater to diverse industry needs.
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Cords Cable Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 270.43 Crore | Market valuation of Cords Cable's shares. |
| Revenue (TTM) | 665.44 Crore | Total revenue generated by Cords Cable over the past twelve months. |
| Net Income (TTM) | +11.09 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 4.81% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 1.66% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +27.9% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +55.3% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 50.48 | Company's total debt divided by total shareholder equity. |
| Total Debt | 85.43 Crore | Sum of Cords Cable's current & long-term financial obligations. |
| Total Cash | 26.04 Crore | Total amount of liquid funds available to Cords Cable. |
| Beta | 0.78 | Beta is less than 1 indicating that the Cords Cable's price is less volatile than the market. |
Is Cords Cable A Good Buy For Long Term?
Cords Cable presents a mixed picture for long-term investors. While its impressive 3-year and 5-year returns (353.69% and 220.60%, respectively) suggest strong historical performance, the recent quarter's data raises concerns. Despite a 55.3% increase in earnings year-over-year, the profit margin remains a modest 1.66%, indicating potential challenges in profitability. The company's debt of 85.43 Crore, against a cash balance of 26.04 Crore, also necessitates careful consideration. While the stock's strong past performance is encouraging, the current financial picture suggests a cautious approach.
To predict the Cords Cable'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
Cords Cable Share Price Target For 2024
The line chart displays the monthly closing prices of Cords Cable 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 Cords Cable shares in 2024, see the table below.
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Cords Cable Share Price Target Table For 2024
| Cords Cable's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 225.80 (+5.6%) | Price Action: 27 Sep 2024 High |
| 2024 Target 2 | 222.00 (+3.82%) | Price Action: 26 Sep 2024 High |
| 2024 Target 1 | 217.98 (+1.94%) | Price Action: 04 Oct 2024 High |
| Current Price | 213.82 | Cords Cable's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 212.00 (-0.86%) | Price Action: 23 Sep 2024 High |
| Stop Loss 2 | 209.03 (-2.25%) | Price Action: 10 Oct 2024 Low |
| Stop Loss 3 | 206.89 (-3.25%) | Price Action: 19 Sep 2024 High |
Summary: Cords Cable Share Price Prediction For 2024
In summary, Cords Cable has surged by ₹100.72, achieving a notable +89.05% increase from 1st January 2024 to 17 Oct 2024. Our analysis of Cords Cable for 2024 predicts an additional rise of 1.94% to 5.6% by the end of 2024 with three potential targets T1: 217.98, T2: 222.00, T3: 225.80. Stop Loss at SL1: 212.00, SL2: 209.03, SL3: 206.89.
Cords Cable has a 52-week high of ₹278.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹100.25, 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 Cords Cable.
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Cords Cable Share Price Target For 2025
The line chart displays the monthly closing prices of Cords Cable 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 Cords Cable shares in 2025, see the table below.
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Cords Cable Share Price Target Table For 2025
| Cords Cable's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 322.00 (+50.59%) | Fibonacci Extension Level 150% |
| 2025 Target 2 | 316.86 (+48.19%) | Price Action: Chart |
| 2025 Target 1 | 313.72 (+46.72%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 213.82 | Cords Cable's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 188.12 (-12.02%) | Price Action: 07 Oct 2024 Low |
| Stop Loss 2 | 184.90 (-13.53%) | Price Action: Mar 2024 High |
| Stop Loss 3 | 179.58 (-16.02%) | Technical Indicator: MA250 |
Summary: Cords Cable Share Price Prediction For 2025
In summary, Cords Cable has surged by ₹100.72, achieving a notable +89.05% increase from 1st January 2024 to 17 Oct 2024. Our analysis of Cords Cable for 2025 predicts an additional rise of 46.72% to 50.59% by the end of 2025 with three potential targets T1: 313.72, T2: 316.86, T3: 322.00. Stop Loss at SL1: 188.12, SL2: 184.90, SL3: 179.58.
Cords Cable has a All-Time high of ₹278.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹100.25, 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 Cords Cable, we have created a specific page for that check here: Cords Cable Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Cords Cable Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Cords Cable share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 12.51% over the next 15 years.
For complete year by year Cords Cable long term share price target from 2024, 2025 to 2039 check the below table.
Cords Cable Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Cords Cable Target | YoY Change % |
|---|---|---|
| 2024 | ₹213.82 | [Current Price] |
| 2024 | ₹235.74 | 10.25% |
| 2025 | ₹321.23 | 36.26% |
| 2026 | ₹399.77 | 24.44% |
| 2027 | ₹451.88 | 13.03% |
| 2028 | ₹516.88 | 14.38% |
| 2029 | ₹573.89 | 11.02% |
| 2030 | ₹679.28 | 18.36% |
| 2031 | ₹764.15 | 12.49% |
| 2032 | ₹800.25 | 4.72% |
| 2033 | ₹862.12 | 7.73% |
| 2034 | ₹912.04 | 5.79% |
| 2035 | ₹1,037.33 | 13.73% |
| 2036 | ₹1,128.52 | 8.79% |
| 2037 | ₹1,148.6 | 1.78% |
| 2038 | ₹1,207.35 | 5.11% |
| 2039 | ₹1,227.02 | 1.62% |
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Cords Cable Past Performance
- In 2008, Cords Cable opening price was ₹115
- As of Thu 17 Oct 2024 the price stands at ₹213.82.
- This represents a Compound Annual Growth Rate (CAGR) of 3.72%.
- In 16 years, an investment of 10,000 would have become ₹18,593.04.
As we wrap up, we hope you like our study on Cords Cable 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.
