Home / Share Price Target / Cte
CTE Share Price Target 2024, 2025, 2026 to 2039 With Charts
Cambridge Technology Enterprises Limited | |||
 | Symbol: CTE | ||
| Price: ₹99.24 | |||
| Exchange: NSE | |||
| Technology -> Information Technology Services | |||
Show Table of Contents
Table of Contents
- 1: CTE Brief Company Overview
- 1.1: Cambridge Technology Enterprises Limited: A Leader in Service-Oriented Architecture Solutions
- 1.2: CTE Financial Performance
- 1.2.1: Is CTE A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: CTE Share Price Target For 2024
- 2.1.1: CTE Share Price Target Table For 2024
- 2.1.2: Summary: CTE Share Price Prediction For 2024
- 2.2: CTE Share Price Target For 2025
- 2.2.1: CTE Share Price Target Table For 2025
- 2.2.2: Summary: CTE Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: CTE Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: CTE Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: CTE Past Performance
CTE Brief Company Overview
Cambridge Technology Enterprises Limited: A Leader in Service-Oriented Architecture Solutions
Cambridge Technology Enterprises Limited (CTEL) is a leading provider of service-oriented architecture (SOA)-based enterprise transformation and integration solutions and services. With over two decades of experience, CTEL has established a strong reputation in the industry.
CTEL's key products and services include pre-built and pre-integrated artificial intelligence and machine learning solutions, robust application design and development, IT infrastructure management, and cloud and IoT services. The company's diverse product range caters to a wide range of industries, including healthcare, banking, manufacturing, and retail.
CTEL is committed to providing its clients with cutting-edge technology solutions that drive business growth and efficiency. The company's global presence, with operations in India, the United States, Qatar, Malaysia, and the Philippines, enables it to serve clients around the world.
Advertisement
CTE Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 196 Crore | Market valuation of CTE's shares. |
| Revenue (TTM) | 212.72 Crore | Total revenue generated by CTE over the past twelve months. |
| Net Income (TTM) | +49.45 Lakh | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -13.66% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 0.23% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +1.9% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +1.9% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 106.69 | Company's total debt divided by total shareholder equity. |
| Total Debt | 119.99 Crore | Sum of CTE's current & long-term financial obligations. |
| Total Cash | 54.96 Crore | Total amount of liquid funds available to CTE. |
| Beta | 0.27 | Beta is less than 1 indicating that the CTE's price is less volatile than the market. |
Is CTE A Good Buy For Long Term?
CTE, a small-cap stock, has shown impressive growth in the past year, with a 75.33% return. While its Q1 2024-25 report highlights a significant debt of 119.99 Crore, the company also boasts a healthy cash balance of 54.96 Crore. However, its low profit margin of 0.23% and the recent dip in 6-month returns raise concerns. While CTE's long-term potential is promising, considering its current debt levels and low profitability, it might be best to hold off on a buy decision for now and observe its performance in the coming quarters.
To predict the CTE'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
CTE Share Price Target For 2024
The line chart displays the monthly closing prices of CTE 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 CTE shares in 2024, see the table below.
Advertisement
CTE Share Price Target Table For 2024
| CTE's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 104.91 (+5.71%) | Technical Indicator: MA100 |
| 2024 Target 2 | 103.65 (+4.44%) | Price Action: Jan 2018 High |
| 2024 Target 1 | 102.44 (+3.22%) | Price Action: 14 Aug 2024 High |
| Current Price | 99.24 | CTE's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 97.31 (-1.95%) | Price Action: 16 Aug 2024 Low |
| Stop Loss 2 | 96.05 (-3.22%) | Price Action: Mar 2016 Low |
| Stop Loss 3 | 95.05 (-4.23%) | Price Action: 23 Aug 2024 Low |
Summary: CTE Share Price Prediction For 2024
In summary, CTE has surged by ₹24.29, achieving a notable +32.41% increase from 1st January 2024 to 06 Sep 2024. Our analysis of CTE for 2024 predicts an additional rise of 3.22% to 5.71% by the end of 2024 with three potential targets T1: 102.44, T2: 103.65, T3: 104.91. Stop Loss at SL1: 97.31, SL2: 96.05, SL3: 95.05.
CTE has a 52-week high of ₹147.60, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹55.00, 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 CTE.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
CTE Share Price Target For 2025
The line chart displays the monthly closing prices of CTE 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 CTE shares in 2025, see the table below.
Advertisement
CTE Share Price Target Table For 2025
| CTE's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 155.44 (+56.63%) | Price Action: Chart |
| 2025 Target 2 | 152.54 (+53.7%) | Price Action: Chart |
| 2025 Target 1 | 151.03 (+52.18%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 99.24 | CTE's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 87.05 (-12.29%) | Price Action: Apr 2017 Low |
| Stop Loss 2 | 85.90 (-13.45%) | Price Action: Jun 2017 Low |
| Stop Loss 3 | 84.35 (-15.01%) | Price Action: Chart |
Summary: CTE Share Price Prediction For 2025
In summary, CTE has surged by ₹24.29, achieving a notable +32.41% increase from 1st January 2024 to 06 Sep 2024. Our analysis of CTE for 2025 predicts an additional rise of 52.18% to 56.63% by the end of 2025 with three potential targets T1: 151.03, T2: 152.54, T3: 155.44. Stop Loss at SL1: 87.05, SL2: 85.90, SL3: 84.35.
CTE has a All-Time high of ₹163.45, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹55.00, 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 CTE, we have created a specific page for that check here: CTE 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!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
CTE Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of CTE share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 10.44% over the next 15 years.
For complete year by year CTE long term share price target from 2024, 2025 to 2039 check the below table.
CTE Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | CTE Target | YoY Change % |
|---|---|---|
| 2024 | ₹99.24 | [Current Price] |
| 2024 | ₹110.07 | 10.91% |
| 2025 | ₹135.34 | 22.95% |
| 2026 | ₹169.82 | 25.47% |
| 2027 | ₹178.96 | 5.38% |
| 2028 | ₹209.27 | 16.93% |
| 2029 | ₹218.6 | 4.45% |
| 2030 | ₹246.81 | 12.9% |
| 2031 | ₹289.89 | 17.45% |
| 2032 | ₹289.83 | -0.03% |
| 2033 | ₹324.63 | 12% |
| 2034 | ₹327.14 | 0.77% |
| 2035 | ₹358.28 | 9.51% |
| 2036 | ₹409.99 | 14.43% |
| 2037 | ₹400.71 | -2.27% |
| 2038 | ₹439.99 | 9.8% |
| 2039 | ₹441.88 | 0.42% |
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
CTE Past Performance
- In 2007, CTE opening price was ₹73.7
- As of Fri 06 Sep 2024 the price stands at ₹99.24.
- This represents a Compound Annual Growth Rate (CAGR) of 1.67%.
- In 17 years, an investment of 10,000 would have become ₹13,465.4.
As we wrap up, we hope you like our study on CTE 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.
