Deccan Bearings (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
Deccan Bearings Limited |
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Price: ₹92.16 | |||
52 Week Low: ₹35.87 52 Week High: ₹92.16 |
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Market Capital: 19.16 Crore (Smallcap) | |||
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Show Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Deccan Bearings Share Price Target For 2024
- 1.1.1: Deccan Bearings Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Deccan Bearings Share Price Target For 2025
- 1.2.1: Deccan Bearings Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Deccan Bearings Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Deccan Bearings Financial Performance
- 3.0.1: Is Deccan Bearings A Good Buy For Long Term?
To predict the Deccan Bearings'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
Deccan Bearings Share Price Target For 2024
The line chart displays the monthly closing prices of Deccan Bearings 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 Deccan Bearings shares in 2024, see the table below.
Deccan Bearings Share Price Target Table For 2024
Level | Value | Analysis |
---|---|---|
2024 Target 3 | 95.3 (+3.4%) | Fibonacci Extension Level 171.80% |
2024 Target 2 | 94.35 (+2.37%) | Fibonacci Extension Level 50.00% |
2024 Target 1 | 93.19 (+1.11%) | Fibonacci Extension Level 23.60% |
Current Price | 92.16 | Deccan Bearings's share price as of 23 Dec 2024 |
Stop Loss 1 | 91.84 (-0.35%) | Price Action: Chart |
Stop Loss 2 | 90.49 (-1.82%) | Fibonacci Retracement Level 38.20% |
Stop Loss 3 | 89.02 (-3.41%) | Fibonacci Retracement Level 71.80% |
Short-Term Technical Outlook
Current Technical Position: Deccan Bearings is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹77.88 serves as the nearest technical reference point.
Historical Returns: 3-month: +10.24% | 6-month: +45.98% | 1-year: +155.29%
Deccan Bearings Share Price Target For 2025
The line chart displays the monthly closing prices of Deccan Bearings 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 Deccan Bearings shares in 2025, see the table below.
Deccan Bearings Share Price Target Table For 2025
Level | Value | Analysis |
---|---|---|
2025 Target 3 | 132.58 (+43.85%) | Fibonacci Extension Level 171.80% |
2025 Target 2 | 129.98 (+41.03%) | Price Action: Chart |
2025 Target 1 | 128.69 (+39.63%) | Fibonacci Extension Level 64.90% |
Current Price | 92.16 | Deccan Bearings's share price as of 23 Dec 2024 |
Stop Loss 1 | 83.6 (-9.28%) | Price Action: Aug 2024 High |
Stop Loss 2 | 82.76 (-10.19%) | Price Action: Chart |
Stop Loss 3 | 81.27 (-11.82%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Deccan Bearings is currently trading near its 52-week high of ₹92.16, showing strong yearly momentum.
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +155.29% | 3-year: +1,086.09% | 5-year: +1,754.33%
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Approach 2: Machine Learning By Studying Historical Prices
Deccan Bearings Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
Year | Target 1 | Target 1 YoY Chg % | Target 2 |
---|---|---|---|
Current Price | ₹92.16 | ||
2024 | ₹94.55 | +2.59% | ₹95.97 |
2025 | ₹136.67 | +44.54% | ₹138.72 |
2026 | ₹167.24 | +22.36% | ₹170.50 |
2027 | ₹206.41 | +23.42% | ₹225.78 |
2028 | ₹281.44 | +36.34% | ₹285.66 |
2029 | ₹298.30 | +5.99% | ₹308.84 |
2030 | ₹342.49 | +14.81% | ₹347.63 |
2031 | ₹360.81 | +5.34% | ₹392.77 |
2032 | ₹400.40 | +10.97% | ₹448.43 |
2033 | ₹504.10 | +25.89% | ₹511.66 |
2034 | ₹502.06 | -0.4% | ₹524.70 |
2035 | ₹548.31 | +9.21% | ₹559.76 |
2036 | ₹554.38 | +1.1% | ₹615.42 |
2037 | ₹594.39 | +7.21% | ₹671.09 |
2038 | ₹726.75 | +22.26% | ₹737.65 |
2039 | ₹697.51 | -4.02% | ₹740.57 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Deccan Bearings Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 19.16 Crore | Market valuation of Deccan Bearings's shares. |
Revenue (TTM) | 98.26 Lakh | Total revenue generated by Deccan Bearings over the past twelve months. |
Profit Margin | +3.87% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) |
-73.84% | Change in revenue compared to the previous quarter. |
Total Cash | 2.7 Lakh | Total amount of liquid funds available to Deccan Bearings. |
Is Deccan Bearings A Good Buy For Long Term?
Deccan Bearings, a small-cap stock with a market capitalization of ₹19.16 crore, presents a complex picture for long-term investors. While its past performance is impressive— boasting 143.15% YTD returns and a staggering 1669.75% return over the past three years—the current financial data raises concerns. Zero net profit in the last 12 months, despite ₹98.26 lakh in revenue, coupled with a significant -73.85% revenue drop quarter-over-quarter, signals considerable risk. Therefore, despite the enticing past returns, Deccan Bearings is currently a not a good buy for long-term investment. Further investigation into the reasons for the revenue decline is crucial before considering any investment.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.