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Elgi Equipments Share Price Target 2024, 2025, 2026 to 2039 With Charts
ELGI Equipments Limited | |||
 | Symbol: ELGIEQUIP | ||
| Price: ₹584.84 | |||
| Exchange: NSE | |||
| Industrials -> Specialty Industrial Machinery | |||
Show Table of Contents
Table of Contents
- 1: Elgi Equipments Brief Company Overview
- 1.1: Key Products and Services
- 1.2: Global Presence
- 1.3: Reputation and Commitment
- 1.4: Elgi Equipments Financial Performance
- 1.4.1: Is Elgi Equipments A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Elgi Equipments Share Price Target For 2024
- 2.1.1: Elgi Equipments Share Price Target Table For 2024
- 2.1.2: Summary: Elgi Equipments Share Price Prediction For 2024
- 2.2: Elgi Equipments Share Price Target For 2025
- 2.2.1: Elgi Equipments Share Price Target Table For 2025
- 2.2.2: Summary: Elgi Equipments Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Elgi Equipments Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Elgi Equipments Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Elgi Equipments Past Performance
Elgi Equipments Brief Company Overview
Elgi Equipments Limited: A Pioneer in Compressed Air Solutions
Elgi, founded in 1960, is a renowned manufacturer and distributor of air compressors and related components.
Key Products and Services
- Screw and piston compressors
- Oil-free compressors
- Portable air compressors
- Medical air compressors
- Compressor parts, fluids, and services
- Automotive garage equipment
- Vacuum pumps for medical applications
- Design services
Global Presence
Elgi's products cater to diverse industries in India, Europe, Australia, the United States, and beyond.
Reputation and Commitment
Elgi has earned an industry-wide reputation for quality and innovation.
The company remains committed to meeting the evolving needs of its customers.
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Elgi Equipments Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 20,607.03 Crore | Market valuation of Elgi Equipments's shares. |
| Revenue (TTM) | 3,294.94 Crore | Total revenue generated by Elgi Equipments over the past twelve months. |
| Net Income (TTM) | +324.25 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 11.84% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 9.84% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +10.7% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +20.39% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 39.6 | Company's total debt divided by total shareholder equity. |
| Total Debt | 638.05 Crore | Sum of Elgi Equipments's current & long-term financial obligations. |
| Total Cash | 739.48 Crore | Total amount of liquid funds available to Elgi Equipments. |
| Beta | 0.64 | Beta is less than 1 indicating that the Elgi Equipments's price is less volatile than the market. |
Is Elgi Equipments A Good Buy For Long Term?
Elgi Equipments, a mid-cap stock with a market capitalization of ₹18,088.76 crore, shows mixed signals for long-term investment. While its impressive 5-year return of 347.12% and strong revenue growth (7.8% QoQ) are positive, recent performance is concerning: a -15.59% return in the past 3 months and a current debt of ₹521.44 crore against a cash balance of ₹643.4 crore. The 9.75% profit margin is moderate. Considering the volatility, it's currently an average buy for long-term investors with a high-risk tolerance. Further research into the reasons behind recent negative returns is recommended before committing significant capital.
To predict the Elgi Equipments'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
Elgi Equipments Share Price Target For 2024
The line chart displays the monthly closing prices of Elgi Equipments 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 Elgi Equipments shares in 2024, see the table below.
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Elgi Equipments Share Price Target Table For 2024
| Elgi Equipments's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 605.23 (+3.48%) | Fibonacci Extension Level 150% |
| 2024 Target 2 | 597.69 (+2.19%) | Fibonacci Extension Level 123.6% |
| 2024 Target 1 | 590.95 (+1.04%) | Fibonacci Extension Level 100% |
| Current Price | 584.84 | Elgi Equipments's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 582.30 (-0.44%) | Price Action: Feb 2024 Low |
| Stop Loss 2 | 570.45 (-2.47%) | Fibonacci Retracement Level 71.8% |
| Stop Loss 3 | 562.80 (-3.77%) | Fibonacci Retracement Level 98.6% |
Summary: Elgi Equipments Share Price Prediction For 2024
In summary, Elgi Equipments has surged by ₹40.29, achieving a notable +7.40% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Elgi Equipments for 2024 predicts an additional rise of 1.04% to 3.48% by the end of 2024 with three potential targets T1: 590.95, T2: 597.69, T3: 605.23. Stop Loss at SL1: 582.30, SL2: 570.45, SL3: 562.80.
Elgi Equipments has a 52-week high of ₹798.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹502.60, 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 Elgi Equipments.
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Elgi Equipments Share Price Target For 2025
The line chart displays the monthly closing prices of Elgi Equipments 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 Elgi Equipments shares in 2025, see the table below.
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Elgi Equipments Share Price Target Table For 2025
| Elgi Equipments's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 759.54 (+29.87%) | Price Action: Chart |
| 2025 Target 2 | 745.38 (+27.45%) | Price Action: Chart |
| 2025 Target 1 | 738.00 (+26.18%) | Fibonacci Extension Level 100% |
| Current Price | 584.84 | Elgi Equipments's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 544.95 (-6.83%) | Price Action: Aug 2023 High |
| Stop Loss 2 | 538.90 (-7.86%) | Price Action: Sep 2023 High |
| Stop Loss 3 | 532.70 (-8.92%) | Price Action: Jul 2023 Low |
Summary: Elgi Equipments Share Price Prediction For 2025
In summary, Elgi Equipments has surged by ₹40.29, achieving a notable +7.40% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Elgi Equipments for 2025 predicts an additional rise of 26.18% to 29.87% by the end of 2025 with three potential targets T1: 738.00, T2: 745.38, T3: 759.54. Stop Loss at SL1: 544.95, SL2: 538.90, SL3: 532.70.
Elgi Equipments has a All-Time high of ₹798.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹502.60, 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 Elgi Equipments, we have created a specific page for that check here: Elgi Equipments Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Elgi Equipments Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Elgi Equipments share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 2.73% over the next 15 years.
For complete year by year Elgi Equipments long term share price target from 2024, 2025 to 2039 check the below table.
Elgi Equipments Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Elgi Equipments Target | YoY Change % |
|---|---|---|
| 2024 | ₹584.84 | [Current Price] |
| 2024 | ₹691.72 | 18.27% |
| 2025 | ₹678.9 | -1.86% |
| 2026 | ₹706.76 | 4.1% |
| 2027 | ₹755.37 | 6.87% |
| 2028 | ₹766.12 | 1.42% |
| 2029 | ₹807.02 | 5.33% |
| 2030 | ₹788.41 | -2.31% |
| 2031 | ₹817.2 | 3.65% |
| 2032 | ₹869.84 | 6.44% |
| 2033 | ₹878.8 | 1.03% |
| 2034 | ₹922.32 | 4.95% |
| 2035 | ₹897.93 | -2.65% |
| 2036 | ₹927.65 | 3.3% |
| 2037 | ₹984.31 | 6.1% |
| 2038 | ₹991.48 | 0.72% |
| 2039 | ₹1,008 | 1.66% |
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Elgi Equipments Past Performance
- In 1990, Elgi Equipments opening price was ₹2.71
- As of Thu 14 Nov 2024 the price stands at ₹584.84.
- This represents a Compound Annual Growth Rate (CAGR) of 16.6%.
- In 34 years, an investment of 10,000 would have become ₹21.58 Lakh.
As we wrap up, we hope you like our study on Elgi Equipments 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.
- Elgi Equipments Share Price History
- Elgi Equipments Price Target Tomorrow
- Elgi Equipments Dividend History
- Elgi Equipments Bonus History
- Elgi Equipments 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.
