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CTE Share Price Target 2024, 2025, 2026 to 2039 With Charts
Cambridge Technology Enterprises Limited | |||
 | Symbol: CTE | ||
| Price: ₹82.27 | |||
| 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.
CTE Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 188.58 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. |
| 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 | 0.32 | 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 with a market capitalization of ₹191.36 crore, presents a mixed picture for long-term investment. While its past 3-5 year returns are impressive (90.86% and 111.86% respectively), recent performance shows a decline (-24.50% in the past 3 months). The significant debt of ₹119.99 crore (Q1 2024-25) against a cash balance of ₹54.96 crore is a concern. Although revenue reached ₹212.72 crore (TTM), the net profit margin is a mere 0.23%. Considering these factors, CTE is currently a NOT A GOOD BUY for long-term investment, warranting further investigation before considering any purchase.
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.
CTE Share Price Target Table For 2024
| CTE's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 84.92 (+3.22%) | Fibonacci Extension Level 100% |
| 2024 Target 2 | 84.00 (+2.1%) | Price Action: Mar 2017 Low |
| 2024 Target 1 | 83.00 (+0.88%) | Price Action: Jun 2016 Low |
| Current Price | 82.27 | CTE's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 81.99 (-0.35%) | Price Action: Chart |
| Stop Loss 2 | 81.14 (-1.38%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 3 | 80.01 (-2.75%) | Fibonacci Retracement Extended 28.2% |
Summary: CTE Share Price Prediction For 2024
In summary, CTE has surged by ₹7.32, achieving a notable +9.77% increase from 1st January 2024 to 21 Nov 2024. Our analysis of CTE for 2024 predicts an additional rise of 0.88% to 3.22% by the end of 2024 with three potential targets T1: 83.00, T2: 84.00, T3: 84.92. Stop Loss at SL1: 81.99, SL2: 81.14, SL3: 80.01.
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 ₹67.05, 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.
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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.
CTE Share Price Target Table For 2025
| CTE's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 130.89 (+59.09%) | Price Action: Chart |
| 2025 Target 2 | 128.45 (+56.13%) | Price Action: Chart |
| 2025 Target 1 | 127.18 (+54.58%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 82.27 | CTE's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 71.90 (-12.61%) | Price Action: Jul 2023 High |
| Stop Loss 2 | 71.10 (-13.58%) | Price Action: Nov 2007 High |
| Stop Loss 3 | 69.82 (-15.14%) | Price Action: Chart |
Summary: CTE Share Price Prediction For 2025
In summary, CTE has surged by ₹7.32, achieving a notable +9.77% increase from 1st January 2024 to 21 Nov 2024. Our analysis of CTE for 2025 predicts an additional rise of 54.58% to 59.09% by the end of 2025 with three potential targets T1: 127.18, T2: 128.45, T3: 130.89. Stop Loss at SL1: 71.90, SL2: 71.10, SL3: 69.82.
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 ₹67.05, 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
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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 4.37% 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 | ₹82.27 | [Current Price] |
| 2024 | ₹100.77 | 22.48% |
| 2025 | ₹107.35 | 6.52% |
| 2026 | ₹123.87 | 15.38% |
| 2027 | ₹120.08 | -3.06% |
| 2028 | ₹130.88 | 9% |
| 2029 | ₹128.74 | -1.65% |
| 2030 | ₹135.58 | 5.31% |
| 2031 | ₹154.82 | 14.19% |
| 2032 | ₹148.66 | -3.98% |
| 2033 | ₹160.61 | 8.03% |
| 2034 | ₹156.71 | -2.43% |
| 2035 | ₹163.81 | 4.53% |
| 2036 | ₹185.76 | 13.39% |
| 2037 | ₹177.23 | -4.6% |
| 2038 | ₹190.34 | 7.39% |
| 2039 | ₹183.38 | -3.66% |
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CTE Past Performance
- In 2007, CTE opening price was ₹73.7
- As of Thu 21 Nov 2024 the price stands at ₹82.27.
- This represents a Compound Annual Growth Rate (CAGR) of 0.61%.
- In 17 years, an investment of 10,000 would have become ₹11,162.82.
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.
