Electrosteel Castings (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Electrosteel Castings Limited |
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Price: ₹141.71 | ||
| 52 Week Low: ₹106.00 52 Week High: ₹236.60 |
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| Market Capital: 9,019.94 Crore (Midcap) | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Electrosteel Castings Share Price Target For 2024
- 1.1.1: Electrosteel Castings Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Electrosteel Castings Share Price Target For 2025
- 1.2.1: Electrosteel Castings Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Electrosteel Castings Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Electrosteel Castings Brief Company Overview
- 4: Electrosteel Castings Financial Performance
- 4.0.1: Is Electrosteel Castings A Good Buy For Long Term?
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
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 150.59 (+6.26%) | Price Action: 13 Nov 2024 High |
| 2024 Target 2 | 149.0 (+5.14%) | Price Action: 08 Nov 2024 Low |
| 2024 Target 1 | 147.5 (+4.08%) | Price Action: 14 Nov 2024 High |
| Current Price | 141.71 | Electrosteel Castings's share price as of 20 Dec 2024 |
| Stop Loss 1 | 140.89 (-0.58%) | Price Action: 18 Nov 2024 Low |
| Stop Loss 2 | 139.48 (-1.58%) | Price Action: Chart |
| Stop Loss 3 | 136.5 (-3.68%) | Price Action: Feb 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Electrosteel Castings is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹154.09 serves as the nearest technical reference point.
Historical Returns: 3-month: -32.98% | 6-month: -17.93% | 1-year: +28.94%
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
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 236.6 (+66.96%) | Fibonacci Extension Level 100.00% |
| 2025 Target 2 | 230.54 (+62.68%) | Price Action: Chart |
| 2025 Target 1 | 228.26 (+61.07%) | Fibonacci Extension Level 64.90% |
| Current Price | 141.71 | Electrosteel Castings's share price as of 20 Dec 2024 |
| Stop Loss 1 | 122.24 (-13.74%) | Price Action: Chart |
| Stop Loss 2 | 121.02 (-14.61%) | Price Action: Chart |
| Stop Loss 3 | 118.84 (-16.14%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Electrosteel Castings is currently trading at 27.3% of its 52-week range (₹106 - ₹236.6).
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: +28.94% | 3-year: +306.86% | 5-year: +1,170.94%
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Approach 2: Machine Learning By Studying Historical Prices
Electrosteel Castings Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹141.71 | ||
| 2024 | ₹195.70 | +38.10% | ₹198.64 |
| 2025 | ₹207.38 | +5.97% | ₹242.51 |
| 2026 | ₹268.73 | +29.58% | ₹285.46 |
| 2027 | ₹328.41 | +22.21% | ₹333.34 |
| 2028 | ₹351.71 | +7.09% | ₹356.99 |
| 2029 | ₹344.91 | -1.93% | ₹371.36 |
| 2030 | ₹344.56 | -0.10% | ₹414.31 |
| 2031 | ₹425.73 | +23.56% | ₹457.26 |
| 2032 | ₹500.21 | +17.49% | ₹507.71 |
| 2033 | ₹518.27 | +3.61% | ₹526.04 |
| 2034 | ₹494.11 | -4.66% | ₹543.16 |
| 2035 | ₹481.75 | -2.50% | ₹586.10 |
| 2036 | ₹582.74 | +20.96% | ₹629.05 |
| 2037 | ₹672.00 | +15.32% | ₹682.08 |
| 2038 | ₹684.82 | +1.91% | ₹695.09 |
| 2039 | ₹576.74 | -15.78% | ₹714.95 |
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.
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 | 9,019.94 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) | +8,715,510,784.00 | 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) |
-4.80% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-11.10% | 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, a mid-cap stock with a market capitalization of ₹9,019.94 crore, shows mixed signals for long-term investment. While its TTM revenue is ₹7,713.34 crore and net profit ₹871.55 crore (11.29% profit margin), Q2 2024-25 reveals a debt of ₹1,924.02 crore against a cash balance of ₹367.59 crore. Negative growth in earnings (-11.1%) and revenue (-4.8%) compared to previous periods raises concerns. Although past performance (569.74% return over 5 years) is impressive, recent performance (-33.03% in the last 3 months) is worrying. Given the debt load and fluctuating performance, it's currently an average buy, warranting further detailed analysis before a long-term commitment.
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.
