Elnet Technologies (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Elnet Technologies Limited |
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Price: ₹407.95 | ||
| 52 Week Low: ₹278.00 52 Week High: ₹453.80 |
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| Market Capital: 140.84 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Elnet Technologies Share Price Target For 2024
- 1.1.1: Elnet Technologies Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Elnet Technologies Share Price Target For 2025
- 1.2.1: Elnet Technologies Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Elnet Technologies Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Elnet Technologies Financial Performance
- 3.0.1: Is Elnet Technologies A Good Buy For Long Term?
To predict the Elnet Technologies'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
Elnet Technologies Share Price Target For 2024
The line chart displays the monthly closing prices of Elnet Technologies 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 Elnet Technologies shares in 2024, see the table below.
Elnet Technologies Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 430.0 (+5.4%) | Price Action: 12 Dec 2024 Low |
| 2024 Target 2 | 425.0 (+4.17%) | Price Action: 17 Dec 2024 Low |
| 2024 Target 1 | 420.0 (+2.95%) | Price Action: 19 Dec 2024 High |
| Current Price | 407.95 | Elnet Technologies's share price as of 23 Dec 2024 |
| Stop Loss 1 | 401.45 (-1.6%) | Price Action: 20 Dec 2024 Low |
| Stop Loss 2 | 397.18 (-2.65%) | Price Action: Feb 2024 High |
| Stop Loss 3 | 393.05 (-3.66%) | Price Action: 03 Dec 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Elnet Technologies is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹405.91 serves as the nearest technical reference point.
Historical Returns: 3-month: +14.62% | 6-month: +20.14% | 1-year: +23.73%
Elnet Technologies Share Price Target For 2025
The line chart displays the monthly closing prices of Elnet Technologies 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 Elnet Technologies shares in 2025, see the table below.
Elnet Technologies Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 554.73 (+35.97%) | Fibonacci Extension Level 150.00% |
| 2025 Target 2 | 544.35 (+33.43%) | Price Action: Chart |
| 2025 Target 1 | 538.96 (+32.11%) | Fibonacci Extension Level 64.90% |
| Current Price | 407.95 | Elnet Technologies's share price as of 23 Dec 2024 |
| Stop Loss 1 | 377.94 (-7.36%) | Technical Indicator: MA50 |
| Stop Loss 2 | 373.29 (-8.5%) | Price Action: Apr 2024 High |
| Stop Loss 3 | 369.0 (-9.55%) | Price Action: 18 Nov 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: Elnet Technologies is currently trading at 73.9% of its 52-week range (₹278 - ₹453.8).
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +23.73% | 3-year: +126.78% | 5-year: +278.31%
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Approach 2: Machine Learning By Studying Historical Prices
Elnet Technologies Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹407.95 | ||
| 2024 | ₹352.65 | -13.55% | ₹359.43 |
| 2025 | ₹420.35 | +19.19% | ₹426.66 |
| 2026 | ₹436.95 | +3.94% | ₹443.50 |
| 2027 | ₹470.57 | +7.69% | ₹477.63 |
| 2028 | ₹514.24 | +9.28% | ₹521.95 |
| 2029 | ₹514.08 | -0.03% | ₹552.56 |
| 2030 | ₹596.63 | +16.05% | ₹605.58 |
| 2031 | ₹606.01 | +1.57% | ₹615.10 |
| 2032 | ₹639.56 | +5.53% | ₹649.15 |
| 2033 | ₹686.54 | +7.34% | ₹696.84 |
| 2034 | ₹675.50 | -1.6% | ₹728.83 |
| 2035 | ₹772.90 | +14.41% | ₹784.49 |
| 2036 | ₹775.07 | +0.28% | ₹786.70 |
| 2037 | ₹808.54 | +4.31% | ₹820.67 |
| 2038 | ₹858.83 | +6.21% | ₹871.71 |
| 2039 | ₹856.81 | -0.23% | ₹905.11 |
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.
Elnet Technologies Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 140.84 Crore | Market valuation of Elnet Technologies's shares. |
| Revenue (TTM) | 26.14 Crore | Total revenue generated by Elnet Technologies over the past twelve months. |
| Net Income (TTM) | +17.49 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +92.51% | Income from operations as a percentage of revenue, before taxes and interest. |
| Revenue Growth (Quarterly) |
+0.01% | Change in revenue compared to the previous quarter. |
Is Elnet Technologies A Good Buy For Long Term?
Elnet Technologies, a small-cap stock with a market capitalization of ₹140.84 crore, shows strong growth potential. Its impressive 5-year return of 256.15% and TTM net profit of ₹17.49 crore on ₹26.14 crore revenue are noteworthy. While recent quarterly revenue growth is minimal (0.01%), the overall long-term performance is compelling. However, the small market cap introduces higher risk. Considering its history, Elnet Technologies is a potentially good buy for long-term investors with a high-risk tolerance.
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.
