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Electrosteel Castings Share Price Target 2024, 2025, 2026 to 2039 With Charts
Electrosteel Castings Limited | |||
 | Symbol: ELECTCAST | ||
| Price: ₹143.94 | |||
| Exchange: NSE | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Electrosteel Castings Brief Company Overview
- 1.1: Electrosteel Castings Limited: A Reputable Steel Manufacturer
- 1.2: Electrosteel Castings Financial Performance
- 1.2.1: Is Electrosteel Castings A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Electrosteel Castings Share Price Target For 2024
- 2.1.1: Electrosteel Castings Share Price Target Table For 2024
- 2.1.2: Summary: Electrosteel Castings Share Price Prediction For 2024
- 2.2: Electrosteel Castings Share Price Target For 2025
- 2.2.1: Electrosteel Castings Share Price Target Table For 2025
- 2.2.2: Summary: Electrosteel Castings Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Electrosteel Castings Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Electrosteel Castings Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Electrosteel Castings Past Performance
Electrosteel Castings Brief Company Overview
Electrosteel Castings Limited: A Reputable Steel Manufacturer
Established in 1955, Electrosteel Castings Limited is a leading manufacturer and supplier of ductile iron (DI) pipes, fittings, and accessories, as well as cast iron (CI) pipes in India and globally.
The company's diverse product range includes:
- DI flange
- Ductile iron restrained joint pipes
- Ductile iron fitting
- Metallurgical coke
- Sinter
- Cement
Electrosteel Castings Limited has a strong reputation in the industry, known for its commitment to quality and innovation. Headquartered in Kolkata, India, the company has a wide market presence, catering to various industries, including water treatment, sewage disposal, power generation, and construction.
Electrosteel Castings Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 10,336.04 Crore | Market valuation of Electrosteel Castings's shares. |
| Revenue (TTM) | 7,713.34 Crore | Total revenue generated by Electrosteel Castings over the past twelve months. |
| Net Income (TTM) | +871.55 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 12.67% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 11.29% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -4.8% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -11.1% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 35.37 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,924.02 Crore | Sum of Electrosteel Castings's current & long-term financial obligations. |
| Total Cash | 367.59 Crore | Total amount of liquid funds available to Electrosteel Castings. |
| Beta | 0.56 | Beta is less than 1 indicating that the Electrosteel Castings's price is less volatile than the market. |
Is Electrosteel Castings A Good Buy For Long Term?
Electrosteel Castings (market cap: ₹8,920.39 crore) shows strong past performance (5-year return: 566.42%), boasting a healthy profit margin of 11.29% (₹871.55 crore net profit on ₹7,713.34 crore revenue). However, recent performance is concerning: Q2 2024-25 shows a -11.1% year-on-year earnings decline and a -4.8% sequential revenue drop. While the cash balance (₹367.59 crore) is positive, significant debt (₹1,924.02 crore) remains a risk. The recent 3-month return of -33.36% is alarming. Therefore, considering the mixed signals, Electrosteel Castings is currently an average buy for the long term, requiring further evaluation.
To predict the Electrosteel Castings'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
Electrosteel Castings Share Price Target For 2024
The line chart displays the monthly closing prices of Electrosteel Castings 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 Electrosteel Castings shares in 2024, see the table below.
Electrosteel Castings Share Price Target Table For 2024
| Electrosteel Castings's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 149.00 (+3.51%) | Price Action: 08 Nov 2024 Low |
| 2024 Target 2 | 146.84 (+2.01%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 1 | 144.99 (+0.72%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 143.94 | Electrosteel Castings's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 143.56 (-0.27%) | Price Action: 11 Nov 2024 Low |
| Stop Loss 2 | 141.24 (-1.88%) | Fibonacci Retracement Extended 28.2% |
| Stop Loss 3 | 139.74 (-2.92%) | Fibonacci Retracement Extended 61.8% |
Summary: Electrosteel Castings Share Price Prediction For 2024
In summary, Electrosteel Castings has surged by ₹33.24, achieving a notable +30.03% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Electrosteel Castings for 2024 predicts an additional rise of 0.72% to 3.51% by the end of 2024 with three potential targets T1: 144.99, T2: 146.84, T3: 149.00. Stop Loss at SL1: 143.56, SL2: 141.24, SL3: 139.74.
Electrosteel Castings has a 52-week high of ₹236.60, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹105.80, 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 Electrosteel Castings.
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Electrosteel Castings Share Price Target For 2025
The line chart displays the monthly closing prices of Electrosteel Castings 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 Electrosteel Castings shares in 2025, see the table below.
Electrosteel Castings Share Price Target Table For 2025
| Electrosteel Castings's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 242.88 (+68.73%) | Price Action: Chart |
| 2025 Target 2 | 238.35 (+65.58%) | Price Action: Chart |
| 2025 Target 1 | 235.99 (+63.95%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 143.94 | Electrosteel Castings's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 121.52 (-15.58%) | Price Action: Chart |
| Stop Loss 2 | 120.30 (-16.43%) | Price Action: Chart |
| Stop Loss 3 | 118.13 (-17.94%) | Price Action: Chart |
Summary: Electrosteel Castings Share Price Prediction For 2025
In summary, Electrosteel Castings has surged by ₹33.24, achieving a notable +30.03% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Electrosteel Castings for 2025 predicts an additional rise of 63.95% to 68.73% by the end of 2025 with three potential targets T1: 235.99, T2: 238.35, T3: 242.88. Stop Loss at SL1: 121.52, SL2: 120.30, SL3: 118.13.
Electrosteel Castings has a All-Time high of ₹236.60, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹105.80, 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 Electrosteel Castings, we have created a specific page for that check here: Electrosteel Castings Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Electrosteel Castings Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Electrosteel Castings share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 7.91% over the next 15 years.
For complete year by year Electrosteel Castings long term share price target from 2024, 2025 to 2039 check the below table.
Electrosteel Castings Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Electrosteel Castings Target | YoY Change % |
|---|---|---|
| 2024 | ₹143.94 | [Current Price] |
| 2024 | ₹195.29 | 35.67% |
| 2025 | ₹206.35 | 5.66% |
| 2026 | ₹266.81 | 29.29% |
| 2027 | ₹325.5 | 21.99% |
| 2028 | ₹348.09 | 6.94% |
| 2029 | ₹340.96 | -2.05% |
| 2030 | ₹340.29 | -0.2% |
| 2031 | ₹420.1 | 23.45% |
| 2032 | ₹493.23 | 17.4% |
| 2033 | ₹510.71 | 3.54% |
| 2034 | ₹486.64 | -4.72% |
| 2035 | ₹474.23 | -2.56% |
| 2036 | ₹573.39 | 20.9% |
| 2037 | ₹660.96 | 15.27% |
| 2038 | ₹673.33 | 1.87% |
| 2039 | ₹566.89 | -15.81% |
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Electrosteel Castings Past Performance
- In 1990, Electrosteel Castings opening price was ₹3.44
- As of Thu 21 Nov 2024 the price stands at ₹143.94.
- This represents a Compound Annual Growth Rate (CAGR) of 11.26%.
- In 34 years, an investment of 10,000 would have become ₹4.18 Lakh.
As we wrap up, we hope you like our study on Electrosteel Castings 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.
- Electrosteel Castings Share Price History
- Electrosteel Castings Price Target Tomorrow
- Electrosteel Castings Dividend History
- Electrosteel Castings Bonus History
- Electrosteel Castings 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.
