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Elango Industries Share Price Target 2024, 2025, 2026 to 2039 With Charts
Elango Industries Limited | |||
 | Symbol: ELANGO | ||
| Price: ₹11.93 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Elango Industries Financial Performance
- 0.1.1: Is Elango Industries A Good Buy For Long Term?
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Elango Industries Share Price Target For 2024
- 1.1.1: Elango Industries Share Price Target Table For 2024
- 1.1.2: Summary: Elango Industries Share Price Prediction For 2024
- 1.2: Elango Industries Share Price Target For 2025
- 1.2.1: Elango Industries Share Price Target Table For 2025
- 1.2.2: Summary: Elango Industries Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Elango Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Elango Industries Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Elango Industries Past Performance
Elango Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 4.31 Crore | Market valuation of Elango Industries's shares. |
| Revenue (TTM) | 2.58 Crore | Total revenue generated by Elango Industries over the past twelve months. |
| Net Income (TTM) | -14.48 Lakh | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -5.33% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 4.14% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +1863.63% | Change in revenue compared to the previous quarter. |
Is Elango Industries A Good Buy For Long Term?
Elango Industries, a small-cap stock with a market capitalization of ₹4.71 crore, presents a mixed picture for long-term investors. While its impressive past performance—57.92% YTD return, 425.53% over three years—is alluring, recent data raises concerns. A massive -95.84% revenue drop quarter-over-quarter and a net loss of ₹14.48 lakh against a revenue of ₹2.58 crore (a -4.05% profit margin) indicate significant operational challenges. Therefore, despite attractive historical returns, Elango Industries is currently a not a good buy for long-term investment due to its unstable financial health. Further investigation into the reasons behind the drastic revenue decline is crucial before considering any investment.
To predict the Elango 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
Elango Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Elango 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 Elango Industries shares in 2024, see the table below.
Elango Industries Share Price Target Table For 2024
| Elango Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 12.19 (+2.17%) | Price Action: 06 Nov 2024 Low |
| 2024 Target 2 | 12.05 (+1%) | Price Action: Mar 2022 Low |
| 2024 Target 1 | 11.93 (0%) | Fibonacci Extension Level 199% |
| Current Price | 11.93 | Elango Industries's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 11.93 (0%) | Fibonacci Retracement Extended 82.6% |
| Stop Loss 2 | 11.78 (-1.26%) | Price Action: Jun 2024 High |
| Stop Loss 3 | 11.65 (-2.35%) | Price Action: Nov 2022 High |
Summary: Elango Industries Share Price Prediction For 2024
In summary, Elango Industries has surged by ₹4.11, achieving a notable +52.56% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Elango Industries for 2024 predicts an additional rise of 0% to 2.17% by the end of 2024 with three potential targets T1: 11.93, T2: 12.05, T3: 12.19. Stop Loss at SL1: 11.93, SL2: 11.78, SL3: 11.65.
Elango Industries has a 52-week high of ₹19.55, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹7.43, 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 Elango Industries.
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Elango Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Elango 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 Elango Industries shares in 2025, see the table below.
Elango Industries Share Price Target Table For 2025
| Elango Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 20.18 (+69.15%) | Price Action: Chart |
| 2025 Target 2 | 19.80 (+65.96%) | Custom Fibonacci Extension Lvl 64.9% |
| 2025 Target 1 | 19.56 (+63.95%) | Fibonacci Extension Level 100% |
| Current Price | 11.93 | Elango Industries's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 10.01 (-16.1%) | Price Action: Chart |
| Stop Loss 2 | 9.91 (-16.94%) | Price Action: Chart |
| Stop Loss 3 | 9.73 (-18.45%) | Price Action: Chart |
Summary: Elango Industries Share Price Prediction For 2025
In summary, Elango Industries has surged by ₹4.11, achieving a notable +52.56% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Elango Industries for 2025 predicts an additional rise of 63.95% to 69.15% by the end of 2025 with three potential targets T1: 19.56, T2: 19.80, T3: 20.18. Stop Loss at SL1: 10.01, SL2: 9.91, SL3: 9.73.
Elango Industries has a All-Time high of ₹19.56, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹7.43, 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 Elango Industries, we have created a specific page for that check here: Elango Industries Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Elango Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Elango Industries share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 13.31% over the next 15 years.
For complete year by year Elango Industries long term share price target from 2024, 2025 to 2039 check the below table.
Elango Industries Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Elango Industries Target | YoY Change % |
|---|---|---|
| 2024 | ₹11.93 | [Current Price] |
| 2024 | ₹15.44 | 29.42% |
| 2025 | ₹17.52 | 13.47% |
| 2026 | ₹25.41 | 45.03% |
| 2027 | ₹29.27 | 15.19% |
| 2028 | ₹38.47 | 31.43% |
| 2029 | ₹40.56 | 5.43% |
| 2030 | ₹39.02 | -3.8% |
| 2031 | ₹50.45 | 29.29% |
| 2032 | ₹53.36 | 5.76% |
| 2033 | ₹65.66 | 23.05% |
| 2034 | ₹65.67 | 0.01% |
| 2035 | ₹60.52 | -7.85% |
| 2036 | ₹75.48 | 24.73% |
| 2037 | ₹77.45 | 2.59% |
| 2038 | ₹92.85 | 19.88% |
| 2039 | ₹88.77 | -4.4% |
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Elango Industries Past Performance
- In 2012, Elango Industries opening price was ₹5.37
- As of Thu 21 Nov 2024 the price stands at ₹11.93.
- This represents a Compound Annual Growth Rate (CAGR) of 6.33%.
- In 12 years, an investment of 10,000 would have become ₹22,216.01.
As we wrap up, we hope you like our study on Elango 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.
