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Eastern Silk Industries Share Price Target 2024, 2025, 2026 to 2039 With Charts
Eastern Silk Industries Limited | |||
 | Symbol: EASTSILK | ||
| Price: ₹1.8 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Eastern Silk Industries Brief Company Overview
- 1.1: Company Overview: Eastern Silk Industries Limited
- 1.2: Eastern Silk Industries Financial Performance
- 1.2.1: Is Eastern Silk Industries A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Eastern Silk Industries Share Price Target For 2024
- 2.1.1: Eastern Silk Industries Share Price Target Table For 2024
- 2.1.2: Summary: Eastern Silk Industries Share Price Prediction For 2024
- 2.2: Eastern Silk Industries Share Price Target For 2025
- 2.2.1: Eastern Silk Industries Share Price Target Table For 2025
- 2.2.2: Summary: Eastern Silk Industries Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Eastern Silk Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Eastern Silk Industries Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Eastern Silk Industries Past Performance
Eastern Silk Industries Brief Company Overview
Company Overview: Eastern Silk Industries Limited
Eastern Silk Industries Limited, established in 1946, is a reputable manufacturer and supplier of textile products in India. Headquartered in Kolkata, the company boasts a diverse product portfolio, specializing in:
- Silk yarns, fabrics, and made-ups
- Home furnishings
- Scarves, laces, and belts
- Fashion, handloom, double width, and embroidered fabrics
Eastern Silk Industries has established a strong presence in the Indian textile industry, catering to both domestic and international markets. The company is committed to delivering high-quality products and maintaining a sustainable approach to its operations.
Eastern Silk Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 16.81 Crore | Market valuation of Eastern Silk Industries's shares. |
| Revenue (TTM) | 18.91 Crore | Total revenue generated by Eastern Silk Industries over the past twelve months. |
| Net Income (TTM) | -12.3 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -62.51% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 60.94% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +86.6% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | 0.92 | Company's total debt divided by total shareholder equity. |
| Total Debt | 58.15 Crore | Sum of Eastern Silk Industries's current & long-term financial obligations. |
Is Eastern Silk Industries A Good Buy For Long Term?
Eastern Silk Industries, a small-cap stock with a market capitalization of ₹16.81 crore, presents a high-risk profile for long-term investment. While revenue reached ₹18.91 crore in the last twelve months (TTM), a substantial net loss of ₹12.3 crore and a significant debt of ₹58.15 crore (Q1 2024-25) raise serious concerns. Negative YTD returns (-25%) and a poor 5-year return (-34.55%) further highlight the stock's underperformance. Despite a positive 3-year return (28.57%), the current financial health suggests it's not a good buy for long-term investors. Further investigation into the reasons for the substantial losses is crucial before considering any investment.
To predict the Eastern Silk 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
Eastern Silk Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Eastern Silk 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 Eastern Silk Industries shares in 2024, see the table below.
Eastern Silk Industries Share Price Target Table For 2024
| Eastern Silk Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 1.85 (+2.77%) | Price Action: Apr 2013 Low |
| 2024 Target 2 | 1.82 (+1.11%) | Price Action: Chart |
| 2024 Target 1 | 1.80 (0%) | Fibonacci Extension Level 199% |
| Current Price | 1.80 | Eastern Silk Industries's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 1.80 (0%) | Fibonacci Retracement Extended 82.6% |
| Stop Loss 2 | 1.78 (-1.12%) | Price Action: Chart |
| Stop Loss 3 | 1.75 (-2.78%) | Price Action: Dec 2014 Low |
Summary: Eastern Silk Industries Share Price Prediction For 2024
In summary, Eastern Silk Industries has declined by ₹-0.60, recording a notable -25.00% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Eastern Silk Industries for 2024 predicts an additional rise of 0% to 2.77% by the end of 2024 with three potential targets T1: 1.80, T2: 1.82, T3: 1.85. Stop Loss at SL1: 1.80, SL2: 1.78, SL3: 1.75.
Eastern Silk Industries has a 52-week high of ₹3.45, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1.80, 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 Eastern Silk Industries.
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Eastern Silk Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Eastern Silk 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 Eastern Silk Industries shares in 2025, see the table below.
Eastern Silk Industries Share Price Target Table For 2025
| Eastern Silk Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 2.96 (+64.44%) | Price Action: Chart |
| 2025 Target 2 | 2.90 (+61.11%) | Price Action: Chart |
| 2025 Target 1 | 2.87 (+59.44%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 1.80 | Eastern Silk Industries's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 1.55 (-13.89%) | Price Action: Apr 2015 Low |
| Stop Loss 2 | 1.53 (-15%) | Price Action: Chart |
| Stop Loss 3 | 1.50 (-16.67%) | Price Action: Chart |
Summary: Eastern Silk Industries Share Price Prediction For 2025
In summary, Eastern Silk Industries has declined by ₹-0.60, recording a notable -25.00% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Eastern Silk Industries for 2025 predicts an additional rise of 59.44% to 64.44% by the end of 2025 with three potential targets T1: 2.87, T2: 2.90, T3: 2.96. Stop Loss at SL1: 1.55, SL2: 1.53, SL3: 1.50.
Eastern Silk Industries has a All-Time high of ₹72.80, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1.80, 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 Eastern Silk Industries, we have created a specific page for that check here: Eastern Silk Industries Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Eastern Silk Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Eastern Silk Industries share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -16.58% over the next 3 years.
For complete year by year Eastern Silk Industries long term share price target from 2024, 2025 to 2039 check the below table.
Eastern Silk Industries Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Eastern Silk Industries Target | YoY Change % |
|---|---|---|
| 2024 | ₹1.8 | [Current Price] |
| 2024 | ₹1.71 | -5.01% |
| 2025 | ₹1.2 | -29.83% |
| 2026 | ₹1.25 | 4.16% |
| 2027 | ₹1.19 | -4.81% |
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Eastern Silk Industries Past Performance
- In 2002, Eastern Silk Industries opening price was ₹4.59
- As of Thu 21 Nov 2024 the price stands at ₹1.8.
- This represents a Compound Annual Growth Rate (CAGR) of -4%.
- In 22 years, an investment of 10,000 would have become ₹3,913.04.
As we wrap up, we hope you like our study on Eastern Silk 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.
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.
