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Electrotherm Share Price Target 2024, 2025, 2026 to 2039 With Charts
Electrotherm | |||
 | Symbol: ELECTHERM | ||
| Price: ₹947.29 | |||
| Exchange: NSE | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Electrotherm Brief Company Overview
- 1.1: Electrotherm (India) Limited: A Global Engineering Leader
- 1.2: Electrotherm Financial Performance
- 1.2.1: Is Electrotherm A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Electrotherm Share Price Target For 2024
- 2.1.1: Electrotherm Share Price Target Table For 2024
- 2.1.2: Summary: Electrotherm Share Price Prediction For 2024
- 2.2: Electrotherm Share Price Target For 2025
- 2.2.1: Electrotherm Share Price Target Table For 2025
- 2.2.2: Summary: Electrotherm Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Electrotherm Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Electrotherm Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Electrotherm Past Performance
Electrotherm Brief Company Overview
Electrotherm (India) Limited: A Global Engineering Leader
Electrotherm (India) Limited is a renowned engineering company established in 1983, headquartered in Ahmedabad, India. The company has a global presence, providing a diverse range of products and services encompassing steel melting equipment, special steel, electric vehicles, and more.
Electrotherm's expertise extends to designing and manufacturing steel plant equipment, foundries, induction heating and hardening equipment, and induction melting and refining equipment. The company also produces TMT bars, ductile iron pipes, and battery-operated electric vehicles.
Electrotherm is committed to providing innovative solutions and has earned a reputation for excellence in the industry. The company's commitment to quality and customer satisfaction is reflected in its diverse product range and unwavering focus on technological advancements.
Electrotherm Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,303.52 Crore | Market valuation of Electrotherm's shares. |
| Revenue (TTM) | 4,399.43 Crore | Total revenue generated by Electrotherm over the past twelve months. |
| Net Income (TTM) | +387.48 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 11.48% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 8.8% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +13.7% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +181.3% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | -2.27 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,770.33 Crore | Sum of Electrotherm's current & long-term financial obligations. |
| Total Cash | 62.39 Crore | Total amount of liquid funds available to Electrotherm. |
| Beta | 0.7 | Beta is less than 1 indicating that the Electrotherm's price is less volatile than the market. |
Is Electrotherm A Good Buy For Long Term?
Electrotherm (market cap: ₹1,481.98 Crore), while showing impressive growth (795.33% return in the past 12 months), presents a mixed picture for long-term investment. High revenue (₹4,399.43 Crore) and net profit (₹387.48 Crore) are positive, but a substantial debt of ₹1,770.33 Crore against a meagre cash balance of ₹62.39 Crore raises concerns. The 8.8% profit margin and significant year-on-year earnings growth (181.3%) are encouraging, however, the high debt needs careful consideration. Therefore, it's an average buy, requiring further due diligence before a long-term commitment.
To predict the Electrotherm'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
Electrotherm Share Price Target For 2024
The line chart displays the monthly closing prices of Electrotherm 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 Electrotherm shares in 2024, see the table below.
Electrotherm Share Price Target Table For 2024
| Electrotherm's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 970.20 (+2.41%) | Price Action: 17 Oct 2024 Low |
| 2024 Target 2 | 959.50 (+1.28%) | Price Action: 05 Nov 2024 High |
| 2024 Target 1 | 947.29 (0%) | Fibonacci Extension Level 199% |
| Current Price | 947.29 | Electrotherm's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 947.29 (0%) | Fibonacci Retracement Extended 82.6% |
| Stop Loss 2 | 937.09 (-1.08%) | Price Action: 23 Oct 2024 Low |
| Stop Loss 3 | 920.00 (-2.89%) | Price Action: Oct 2024 Low |
Summary: Electrotherm Share Price Prediction For 2024
In summary, Electrotherm has surged by ₹707.24, achieving a notable +294.62% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Electrotherm for 2024 predicts an additional rise of 0% to 2.41% by the end of 2024 with three potential targets T1: 947.29, T2: 959.50, T3: 970.20. Stop Loss at SL1: 947.29, SL2: 937.09, SL3: 920.00.
Electrotherm has a 52-week high of ₹1317.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹166.75, 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 Electrotherm.
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Electrotherm Share Price Target For 2025
The line chart displays the monthly closing prices of Electrotherm 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 Electrotherm shares in 2025, see the table below.
Electrotherm Share Price Target Table For 2025
| Electrotherm's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1572.68 (+66.01%) | Price Action: Chart |
| 2025 Target 2 | 1543.36 (+62.92%) | Price Action: Chart |
| 2025 Target 1 | 1528.08 (+61.31%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 947.29 | Electrotherm's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 814.00 (-14.08%) | Price Action: Jun 2024 High |
| Stop Loss 2 | 805.86 (-14.93%) | Price Action: Chart |
| Stop Loss 3 | 786.11 (-17.02%) | Technical Indicator: MA200 |
Summary: Electrotherm Share Price Prediction For 2025
In summary, Electrotherm has surged by ₹707.24, achieving a notable +294.62% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Electrotherm for 2025 predicts an additional rise of 61.31% to 66.01% by the end of 2025 with three potential targets T1: 1528.08, T2: 1543.36, T3: 1572.68. Stop Loss at SL1: 814.00, SL2: 805.86, SL3: 786.11.
Electrotherm has a All-Time high of ₹1310.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹166.75, 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 Electrotherm, we have created a specific page for that check here: Electrotherm Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Electrotherm Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Electrotherm share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 17.68% over the next 15 years.
For complete year by year Electrotherm long term share price target from 2024, 2025 to 2039 check the below table.
Electrotherm Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Electrotherm Target | YoY Change % |
|---|---|---|
| 2024 | ₹947.29 | [Current Price] |
| 2024 | ₹1,193.48 | 25.98% |
| 2025 | ₹1,860.96 | 55.92% |
| 2026 | ₹2,685.56 | 44.31% |
| 2027 | ₹3,666.6 | 36.53% |
| 2028 | ₹4,268.92 | 16.42% |
| 2029 | ₹4,779.14 | 11.95% |
| 2030 | ₹5,353.44 | 12.01% |
| 2031 | ₹6,350.11 | 18.61% |
| 2032 | ₹7,597.15 | 19.63% |
| 2033 | ₹8,037.24 | 5.79% |
| 2034 | ₹8,364.83 | 4.07% |
| 2035 | ₹8,845.92 | 5.75% |
| 2036 | ₹10,014.66 | 13.21% |
| 2037 | ₹11,527.69 | 15.1% |
| 2038 | ₹11,805.55 | 2.41% |
| 2039 | ₹11,665.37 | -1.19% |
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Electrotherm Past Performance
- In 2007, Electrotherm opening price was ₹533
- As of Thu 21 Nov 2024 the price stands at ₹947.29.
- This represents a Compound Annual Growth Rate (CAGR) of 3.25%.
- In 17 years, an investment of 10,000 would have become ₹17,772.79.
As we wrap up, we hope you like our study on Electrotherm 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.
