Digjam (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
Digjam Limited |
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Price: ₹65.39 | |||
52 Week Low: ₹65.35 52 Week High: ₹103.95 |
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Market Capital: 166.32 Crore (Smallcap) | |||
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Show Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Digjam Share Price Target For 2024
- 1.1.1: Digjam Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Digjam Share Price Target For 2025
- 1.2.1: Digjam Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Digjam Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Digjam Brief Company Overview
- 4: Digjam Financial Performance
- 4.0.1: Is Digjam A Good Buy For Long Term?
To predict the Digjam'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
Digjam Share Price Target For 2024
The line chart displays the monthly closing prices of Digjam 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 Digjam shares in 2024, see the table below.
Digjam Share Price Target Table For 2024
Level | Value | Analysis |
---|---|---|
2024 Target 3 | 72.15 (+10.33%) | Fibonacci Extension Level 23.60% |
2024 Target 2 | 71.4 (+9.19%) | Price Action: 23 Dec 2024 High |
2024 Target 1 | 70.49 (+7.79%) | Price Action: 26 Dec 2024 High |
Current Price | 65.39 | Digjam's share price as of 26 Dec 2024 |
Stop Loss 1 | 63.0 (-3.66%) | Price Action: Jul 2019 High |
Stop Loss 2 | 62.37 (-4.62%) | Price Action: Chart |
Stop Loss 3 | 61.25 (-6.34%) | Price Action: Chart |
Short-Term Technical Outlook
Current Technical Position: Digjam is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹82.68 serves as the nearest technical reference point.
Historical Returns: 3-month: -25.65% | 6-month: -20.5% | 1-year: -20.74%
Digjam Share Price Target For 2025
The line chart displays the monthly closing prices of Digjam 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 Digjam shares in 2025, see the table below.
Digjam Share Price Target Table For 2025
Level | Value | Analysis |
---|---|---|
2025 Target 3 | 90.6 (+38.54%) | Price Action: 16 Feb 2024 Low |
2025 Target 2 | 89.69 (+37.15%) | Price Action: 14 Oct 2024 High |
2025 Target 1 | 88.65 (+35.57%) | Price Action: 05 Apr 2024 Low |
Current Price | 65.39 | Digjam's share price as of 26 Dec 2024 |
Stop Loss 1 | 59.29 (-9.33%) | Price Action: Chart |
Stop Loss 2 | 58.7 (-10.24%) | Price Action: Chart |
Stop Loss 3 | 57.64 (-11.86%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Digjam is currently trading near its 52-week low of ₹65.35, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -20.74% | 3-year: -73.34% | 5-year: +117.97%
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Approach 2: Machine Learning By Studying Historical Prices
Digjam Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
Year | Target 1 | Target 1 YoY Chg % | Target 2 |
---|---|---|---|
Current Price | ₹65.39 | ||
2024 | ₹85.52 | +30.78% | ₹86.80 |
2025 | ₹89.57 | +4.73% | ₹98.81 |
2026 | ₹105.59 | +17.88% | ₹107.17 |
2027 | ₹102.85 | -2.59% | ₹104.39 |
2028 | ₹106.30 | +3.35% | ₹112.37 |
2029 | ₹109.99 | +3.47% | ₹119.15 |
2030 | ₹113.82 | +3.48% | ₹125.92 |
2031 | ₹132.70 | +16.58% | ₹134.69 |
2032 | ₹127.97 | -3.56% | ₹129.89 |
2033 | ₹131.05 | +2.4% | ₹139.48 |
2034 | ₹134.46 | +2.6% | ₹146.26 |
2035 | ₹138.06 | +2.67% | ₹153.04 |
2036 | ₹159.81 | +15.75% | ₹162.21 |
2037 | ₹153.09 | -4.2% | ₹155.39 |
2038 | ₹155.80 | +1.77% | ₹166.59 |
2039 | ₹156.67 | +0.55% | ₹173.37 |
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.
Digjam Brief Company Overview
Digjam Limited: A Legacy of Suiting and Casual Wear Digjam Limited, established in 1948, is a renowned manufacturer and marketer of fabrics for suiting and casual wear. With a strong market presence under the DIGJAM brand, the company holds a significant position in the...
textile industry. Digjam Limited's diverse product range caters to various customer segments. They offer a wide selection of fabrics, including suiting fabrics, shirting fabrics, and fabrics for casual wear. The company's commitment to quality and innovation has earned them a reputation for producing high-quality fabrics. Digjam Limited's journey began as Digjam Textiles Limited and transitioned to its current name in 2016. Subsidiary of Finquest Financial Solutions Private Limited, the company is headquartered in Jamnagar, India.Digjam Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 166.32 Crore | Market valuation of Digjam's shares. |
Revenue (TTM) | 18.63 Crore | Total revenue generated by Digjam over the past twelve months. |
Net Income (TTM) | -14.09 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | -286.29% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | -75.66% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) |
-72% | Change in revenue compared to the previous quarter. |
Debt-to-Equity (D/E) Ratio |
320.95 | Company's total debt divided by total shareholder equity. |
Total Debt | 50.84 Crore | Sum of Digjam's current & long-term financial obligations. |
Total Cash | 5.81 Crore | Total amount of liquid funds available to Digjam. |
Beta | 1 | Beta is greater than 1 indicating that the Digjam's price is more volatile than the market. |
Is Digjam A Good Buy For Long Term?
Digjam, a small-cap stock with a market capitalization of ₹166.32 crore, presents a risky long-term investment prospect. Its Q1 2024-25 report reveals a substantial debt of ₹50.84 crore against a meager cash balance of ₹5.81 crore. Furthermore, the company incurred a net loss of ₹14.09 crore in the last 12 months, despite generating ₹18.63 crore in revenue—a -75.66% profit margin. While the past 12-month return is positive (12.78%), long-term performance (0% over 3 and 5 years) and a significant revenue drop of -72% compared to the previous quarter signal considerable financial instability. Therefore, Digjam is not a good buy for the long term.
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.