Engineers India (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Engineers India Limited |
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Price: ₹183.68 | ||
| 52 Week Low: ₹147.40 52 Week High: ₹303.90 |
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| Market Capital: 10,136.98 Crore (Midcap) | |||
| Industrials -> Engineering & Construction | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Engineers India Share Price Target For 2024
- 1.1.1: Engineers India Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Engineers India Share Price Target For 2025
- 1.2.1: Engineers India Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Engineers India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Engineers India Brief Company Overview
- 4: Engineers India Financial Performance
- 4.0.1: Is Engineers India A Good Buy For Long Term?
To predict the Engineers India'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
Engineers India Share Price Target For 2024
The line chart displays the monthly closing prices of Engineers India 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 Engineers India shares in 2024, see the table below.
Engineers India Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 193.44 (+5.31%) | Price Action: 20 Dec 2024 High |
| 2024 Target 2 | 191.25 (+4.12%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 189.33 (+3.07%) | Price Action: Jun 2024 Low |
| Current Price | 183.68 | Engineers India's share price as of 20 Dec 2024 |
| Stop Loss 1 | 181.92 (-0.96%) | Price Action: 28 Oct 2024 High |
| Stop Loss 2 | 179.97 (-2.02%) | Price Action: 19 Nov 2024 Low |
| Stop Loss 3 | 177.86 (-3.17%) | Price Action: 24 Oct 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Engineers India is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹191.92 serves as the nearest technical reference point.
Historical Returns: 3-month: -13.24% | 6-month: -26.44% | 1-year: +8.58%
Engineers India Share Price Target For 2025
The line chart displays the monthly closing prices of Engineers India 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 Engineers India shares in 2025, see the table below.
Engineers India Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 294.69 (+60.43%) | Price Action: Chart |
| 2025 Target 2 | 289.2 (+57.44%) | Price Action: Chart |
| 2025 Target 1 | 286.34 (+55.89%) | Fibonacci Extension Level 64.90% |
| Current Price | 183.68 | Engineers India's share price as of 20 Dec 2024 |
| Stop Loss 1 | 159.62 (-13.10%) | Price Action: Jan 2018 High |
| Stop Loss 2 | 156.88 (-14.60%) | Price Action: Jul 2023 High |
| Stop Loss 3 | 154.06 (-16.13%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Engineers India is currently trading near its 52-week low of ₹147.4, indicating potential value opportunity.
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: +8.58% | 3-year: +187.00% | 5-year: +122.51%
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Approach 2: Machine Learning By Studying Historical Prices
Engineers India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹183.68 | ||
| 2024 | ₹208.80 | +13.68% | ₹211.93 |
| 2025 | ₹238.47 | +14.21% | ₹242.05 |
| 2026 | ₹249.39 | +4.58% | ₹259.05 |
| 2027 | ₹286.78 | +14.99% | ₹291.08 |
| 2028 | ₹311.14 | +8.49% | ₹315.81 |
| 2029 | ₹313.95 | +0.90% | ₹320.30 |
| 2030 | ₹347.57 | +10.71% | ₹352.78 |
| 2031 | ₹353.92 | +1.83% | ₹369.96 |
| 2032 | ₹397.68 | +12.36% | ₹403.65 |
| 2033 | ₹422.82 | +6.32% | ₹429.16 |
| 2034 | ₹419.10 | -0.88% | ₹429.40 |
| 2035 | ₹456.68 | +8.97% | ₹463.53 |
| 2036 | ₹458.46 | +0.39% | ₹481.14 |
| 2037 | ₹508.59 | +10.93% | ₹516.22 |
| 2038 | ₹534.51 | +5.10% | ₹542.53 |
| 2039 | ₹528.21 | -1.18% | ₹538.50 |
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.
Engineers India Brief Company Overview
Company Overview: Engineers India Limited Engineers India Limited (EIL) is an esteemed engineering consultancy company that has been providing comprehensive services for the oil and gas, and petrochemical industries since 1965. Based in New Delhi, India, the company has...
gained recognition for its expertise in the provision of: Design, engineering, procurement, construction, and project management services. Supply chain management services. Development of process technologies. Construction services. Project management and third-party inspection services. EIL's commitment to quality and excellence has earned it a strong reputation in the industry for offering a diverse range of services that cater to the needs of its clients.Engineers India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 10,136.98 Crore | Market valuation of Engineers India's shares. |
| Revenue (TTM) | 2,985.54 Crore | Total revenue generated by Engineers India over the past twelve months. |
| Net Income (TTM) | +3,701,028,096.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +7.67% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +12.39% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-12.80% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-21.80% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
1.22 | Company's total debt divided by total shareholder equity. |
| Total Debt | 29.07 Crore | Sum of Engineers India's current & long-term financial obligations. |
| Total Cash | 1,280.05 Crore | Total amount of liquid funds available to Engineers India. |
| Beta | 0.82 | Beta is less than 1 indicating that the Engineers India's price is less volatile than the market. |
Is Engineers India A Good Buy For Long Term?
Engineers India (market cap: ₹10,136.98 Cr) shows mixed signals. While its Q2 2024-25 report boasts a healthy cash balance of ₹1,280.05 Cr and low debt (₹29.07 Cr), a significant drop in earnings (-21.8% YoY) and revenue (-12.8% QoQ) raises concerns. Although the 12-month return is positive (43.96%), the recent 3-month performance (-32.05%) is alarming. Considering this volatility and declining profitability (12.39% margin), Engineers India is currently a NOT A GOOD BUY for long-term investment. Further analysis is recommended before considering any investment.
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.
