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Damodar Industries Share Price Target 2024, 2025, 2026 to 2039 With Charts
Damodar Industries Limited | |||
 | Symbol: DAMODARIND | ||
| Price: ₹52.92 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Damodar Industries Brief Company Overview
- 1.1: Damodar Industries Limited: A Leading Textiles Manufacturer
- 1.2: Damodar Industries Financial Performance
- 1.2.1: Is Damodar Industries A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Damodar Industries Share Price Target For 2024
- 2.1.1: Damodar Industries Share Price Target Table For 2024
- 2.1.2: Summary: Damodar Industries Share Price Prediction For 2024
- 2.2: Damodar Industries Share Price Target For 2025
- 2.2.1: Damodar Industries Share Price Target Table For 2025
- 2.2.2: Summary: Damodar Industries Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Damodar Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Damodar Industries Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Damodar Industries Past Performance
Damodar Industries Brief Company Overview
Damodar Industries Limited: A Leading Textiles Manufacturer
Damodar Industries Limited, established in 1987, is a prominent Indian company engaged in manufacturing, processing, and trading cotton and synthetic blended yarns. The company enjoys a strong reputation within the industry, known for its commitment to quality and innovation.
Damodar Industries offers a diverse range of products, including a comprehensive portfolio of blended yarns that cater to various textile applications. They also export their products globally, with a presence in Europe, South Africa, South America, and other key markets.
The company's commitment to excellence has earned them recognition as a reliable supplier, and they have established long-standing relationships with their customers.
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Damodar Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 118.38 Crore | Market valuation of Damodar Industries's shares. |
| Revenue (TTM) | 715.38 Crore | Total revenue generated by Damodar Industries over the past twelve months. |
| Net Income (TTM) | +5.21 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 3.61% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 0.73% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -17.9% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +550.9% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 221.74 | Company's total debt divided by total shareholder equity. |
| Total Debt | 265.76 Crore | Sum of Damodar Industries's current & long-term financial obligations. |
| Total Cash | 88.19 Lakh | Total amount of liquid funds available to Damodar Industries. |
| Beta | 0.83 | Beta is less than 1 indicating that the Damodar Industries's price is less volatile than the market. |
Is Damodar Industries A Good Buy For Long Term?
Damodar Industries' recent performance is a mixed bag. While the company boasts a strong 39.03% return over the past three years, its current debt of 265.76 Crore and low cash balance of 88.19 Lakh raise concerns. The -17.9% decline in revenue compared to the previous quarter also indicates potential challenges. Overall, while the long-term growth potential is promising, the current financial situation suggests a hold rather than a buy for now.
To predict the Damodar Industries'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
Damodar Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Damodar Industries 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 Damodar Industries shares in 2024, see the table below.
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Damodar Industries Share Price Target Table For 2024
| Damodar Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 56.79 (+7.31%) | Custom Fibonacci Extension Lvl 23.6% |
| 2024 Target 2 | 56.20 (+6.19%) | Price Action: Oct 2023 High |
| 2024 Target 1 | 55.50 (+4.87%) | Price Action: Oct 2017 Low |
| Current Price | 52.92 | Damodar Industries's 1 share price as of Mon 01 Jul 2024 |
| Stop Loss 1 | 51.73 (-2.25%) | Price Action: Jan 2008 High |
| Stop Loss 2 | 51.00 (-3.63%) | Price Action: Aug 2017 High |
| Stop Loss 3 | 50.43 (-4.71%) | Technical Indicator: MA250 |
Summary: Damodar Industries Share Price Prediction For 2024
In summary, Damodar Industries has surged by ₹3.47, achieving a notable +7.02% increase from 1st January 2024 to 01 Jul 2024. Our analysis of Damodar Industries for 2024 predicts an additional rise of 4.87% to 7.31% by the end of 2024 with three potential targets T1: 55.50, T2: 56.20, T3: 56.79. Stop Loss at SL1: 51.73, SL2: 51.00, SL3: 50.43.
Damodar Industries has a 52-week high of ₹68.59, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹41.10, 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 Damodar Industries.
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Damodar Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Damodar Industries 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 Damodar Industries shares in 2025, see the table below.
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Damodar Industries Share Price Target Table For 2025
| Damodar Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 76.16 (+43.91%) | Fibonacci Extension Level 123.6% |
| 2025 Target 2 | 74.46 (+40.7%) | Price Action: Chart |
| 2025 Target 1 | 73.72 (+39.3%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 52.92 | Damodar Industries's 1 share price as of Mon 01 Jul 2024 |
| Stop Loss 1 | 48.00 (-9.3%) | Price Action: Mar 2019 High |
| Stop Loss 2 | 47.45 (-10.34%) | Price Action: 05 Jun 2024 High |
| Stop Loss 3 | 46.97 (-11.25%) | Price Action: Jul 2016 High |
Summary: Damodar Industries Share Price Prediction For 2025
In summary, Damodar Industries has surged by ₹3.47, achieving a notable +7.02% increase from 1st January 2024 to 01 Jul 2024. Our analysis of Damodar Industries for 2025 predicts an additional rise of 39.3% to 43.91% by the end of 2025 with three potential targets T1: 73.72, T2: 74.46, T3: 76.16. Stop Loss at SL1: 48.00, SL2: 47.45, SL3: 46.97.
Damodar Industries has a All-Time high of ₹81.40, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹41.10, 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 Damodar Industries, we have created a specific page for that check here: Damodar Industries Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Damodar Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Damodar Industries share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 3.27% over the next 15 years.
For complete year by year Damodar Industries long term share price target from 2024, 2025 to 2039 check the below table.
Damodar Industries Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Damodar Industries Target | YoY Change % |
|---|---|---|
| 2024 | ₹52.92 | [Current Price] |
| 2024 | ₹50.99 | -3.65% |
| 2025 | ₹53.09 | 4.11% |
| 2026 | ₹55.64 | 4.8% |
| 2027 | ₹59.03 | 6.09% |
| 2028 | ₹59.77 | 1.25% |
| 2029 | ₹60.58 | 1.35% |
| 2030 | ₹62.72 | 3.53% |
| 2031 | ₹65.37 | 4.22% |
| 2032 | ₹69 | 5.55% |
| 2033 | ₹69.54 | 0.78% |
| 2034 | ₹70.16 | 0.89% |
| 2035 | ₹72.34 | 3.1% |
| 2036 | ₹75.09 | 3.81% |
| 2037 | ₹78.98 | 5.16% |
| 2038 | ₹79.31 | 0.41% |
| 2039 | ₹79.97 | 0.83% |
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Damodar Industries Past Performance
- In 2006, Damodar Industries opening price was ₹18.23
- As of Mon 01 Jul 2024 the price stands at ₹52.92.
- This represents a Compound Annual Growth Rate (CAGR) of 5.77%.
- In 18 years, an investment of 10,000 would have become ₹29,029.07.
As we wrap up, we hope you like our study on Damodar Industries 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.
- Damodar Industries Share Price History
- Damodar Industries Price Target Tomorrow
- Damodar Industries Dividend History
- Damodar Industries Bonus History
- Damodar Industries Split History
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.
