Essar Shipping (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Essar Shipping Limited |
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Price: ₹37.83 | ||
| 52 Week Low: ₹19.75 52 Week High: ₹71.54 |
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| Market Capital: 714.68 Crore (Smallcap) | |||
| Industrials -> Marine Shipping | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Essar Shipping Share Price Target For 2024
- 1.1.1: Essar Shipping Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Essar Shipping Share Price Target For 2025
- 1.2.1: Essar Shipping Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Essar Shipping Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Essar Shipping Brief Company Overview
- 4: Essar Shipping Financial Performance
- 4.0.1: Is Essar Shipping A Good Buy For Long Term?
To predict the Essar Shipping'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
Essar Shipping Share Price Target For 2024
The line chart displays the monthly closing prices of Essar Shipping 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 Essar Shipping shares in 2024, see the table below.
Essar Shipping Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 39.41 (+4.17%) | Price Action: 14 Oct 2024 Low |
| 2024 Target 2 | 38.95 (+2.96%) | Price Action: Dec 2023 High |
| 2024 Target 1 | 38.53 (+1.85%) | Price Action: 16 Oct 2024 Low |
| Current Price | 37.83 | Essar Shipping's share price as of 26 Dec 2024 |
| Stop Loss 1 | 37.5 (-0.88%) | Price Action: 10 Jun 2024 High |
| Stop Loss 2 | 37.1 (-1.93%) | Price Action: 19 Dec 2023 High |
| Stop Loss 3 | 36.7 (-2.99%) | Price Action: Oct 2016 High |
Short-Term Technical Outlook
Current Technical Position: Essar Shipping is showing mixed momentum signals near key moving averages.
Key Technical Level: The 50-day moving average at ₹37.76 serves as the nearest technical reference point.
Historical Returns: 3-month: -13.05% | 6-month: -23.47% | 1-year: +18.22%
Essar Shipping Share Price Target For 2025
The line chart displays the monthly closing prices of Essar Shipping 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 Essar Shipping shares in 2025, see the table below.
Essar Shipping Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 74.71 (+97.48%) | Price Action: Chart |
| 2025 Target 2 | 73.32 (+93.81%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 71.54 (+89.1%) | Fibonacci Extension Level 100.00% |
| Current Price | 37.83 | Essar Shipping's share price as of 26 Dec 2024 |
| Stop Loss 1 | 29.7 (-21.5%) | Price Action: 30 May 2024 Low |
| Stop Loss 2 | 29.4 (-22.29%) | Price Action: 28 Feb 2024 High |
| Stop Loss 3 | 29.0 (-23.35%) | Price Action: 28 May 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Essar Shipping is currently trading at 34.9% of its 52-week range (₹19.75 - ₹71.54).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +18.22% | 3-year: +182.31% | 5-year: +486.51%
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Approach 2: Machine Learning By Studying Historical Prices
Essar Shipping Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹37.83 | ||
| 2024 | ₹46.30 | +22.38% | ₹46.99 |
| 2025 | ₹56.28 | +21.55% | ₹57.79 |
| 2026 | ₹71.21 | +26.52% | ₹74.01 |
| 2027 | ₹84.10 | +18.1% | ₹88.54 |
| 2028 | ₹103.18 | +22.68% | ₹104.73 |
| 2029 | ₹107.42 | +4.1% | ₹109.03 |
| 2030 | ₹115.05 | +7.1% | ₹122.83 |
| 2031 | ₹132.73 | +15.36% | ₹139.98 |
| 2032 | ₹146.04 | +10.02% | ₹157.13 |
| 2033 | ₹169.43 | +16.01% | ₹174.28 |
| 2034 | ₹168.54 | -0.52% | ₹171.33 |
| 2035 | ₹173.83 | +3.13% | ₹191.42 |
| 2036 | ₹194.25 | +11.74% | ₹208.57 |
| 2037 | ₹207.99 | +7.07% | ₹225.72 |
| 2038 | ₹235.68 | +13.31% | ₹242.87 |
| 2039 | ₹224.39 | -4.79% | ₹236.20 |
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.
Essar Shipping Brief Company Overview
Company Overview: Essar Shipping Limited Essar Shipping Limited, a renowned shipping company, provides comprehensive sea transportation, logistics, and oilfields services in India and Indonesia. Established in 2010, the company offers a diverse range of services, including...
fleet operating and chartering, oilfields services, and logistics solutions. Fleet Operations: Essar Shipping operates a substantial fleet of 12 vessels, catering to various shipping needs, including crude oil transportation, bulk cargo handling, and general cargo transportation. Oilfields Services: The company provides specialized services to oil and gas companies, including contract drilling services using land and semi-submersible rigs. Logistics Solutions: Essar Shipping offers a comprehensive range of logistics services, including transportation via trucks, trailers, and tippers. Essar Shipping Limited is committed to delivering efficient and reliable services, meeting the evolving needs of its customers in the shipping and oil and gas sectors.Essar Shipping Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 714.68 Crore | Market valuation of Essar Shipping's shares. |
| Revenue (TTM) | 11.89 Crore | Total revenue generated by Essar Shipping over the past twelve months. |
| Net Income (TTM) | -179.1 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -355.91% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -177.87% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-76.7% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
-0.99 | Company's total debt divided by total shareholder equity. |
| Total Debt | 2,641.98 Crore | Sum of Essar Shipping's current & long-term financial obligations. |
| Total Cash | 23.95 Crore | Total amount of liquid funds available to Essar Shipping. |
| Beta | 1.01 | Beta is greater than 1 indicating that the Essar Shipping's price is more volatile than the market. |
Is Essar Shipping A Good Buy For Long Term?
Essar Shipping, a small-cap stock with a market capitalization of ₹714.68 crore, presents a high-risk, high-reward scenario. While its past performance shows impressive returns (163.76% in the past 12 months, 287.96% over three years), the Q1 2024-25 report reveals a substantial debt of ₹2,641.98 crore against a meager cash balance of ₹23.95 crore and a significant net loss of ₹179.1 crore. The negative profit margin (-177.87%) and plummeting revenue (-76.7% QoQ) raise serious concerns. Therefore, Essar Shipping is not a good buy for the long term given its precarious financial position.
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.
