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Econo Trade Share Price Target 2024, 2025, 2026 to 2039 With Charts
Econo Trade | |||
 | Symbol: ETIL | ||
| Price: ₹9.46 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Econo Trade Financial Performance
- 0.1.1: Is Econo Trade A Good Buy For Long Term?
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Econo Trade Share Price Target For 2024
- 1.1.1: Econo Trade Share Price Target Table For 2024
- 1.1.2: Summary: Econo Trade Share Price Prediction For 2024
- 1.2: Econo Trade Share Price Target For 2025
- 1.2.1: Econo Trade Share Price Target Table For 2025
- 1.2.2: Summary: Econo Trade Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Econo Trade Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Econo Trade Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Econo Trade Past Performance
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Econo Trade Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 17.66 Crore | Market valuation of Econo Trade's shares. |
| Revenue (TTM) | 7.12 Crore | Total revenue generated by Econo Trade over the past twelve months. |
| Net Income (TTM) | +2.52 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 45.98% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 52.29% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -51.47% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -6.9% | Change in earnings compared to the same quarter last year. |
Is Econo Trade A Good Buy For Long Term?
Econo Trade is a small-cap stock with a market capitalization of 17.66 Crore. While it boasts a healthy profit margin of 52.29%, its recent performance is mixed. The company saw a significant decline in revenue compared to the previous quarter (-51.47%) and a decrease in earnings year-over-year (-6.9%). Despite strong short-term returns (32.86% in the past 3 months and 57.66% YTD), the long-term picture is less clear, with a negative 5-year return (-31.75%). This suggests volatility and potential risks for long-term investors. Further due diligence is needed to assess the underlying factors contributing to these fluctuations before making any investment decisions.
To predict the Econo Trade'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
Econo Trade Share Price Target For 2024
The line chart displays the monthly closing prices of Econo Trade 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 Econo Trade shares in 2024, see the table below.
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Econo Trade Share Price Target Table For 2024
| Econo Trade's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 9.94 (+5.07%) | Price Action: 23 Aug 2024 Low |
| 2024 Target 2 | 9.79 (+3.48%) | Price Action: Feb 2018 Low |
| 2024 Target 1 | 9.69 (+2.43%) | Price Action: 13 Aug 2024 Low |
| Current Price | 9.46 | Econo Trade's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 9.36 (-1.06%) | Price Action: 05 Sep 2024 Low |
| Stop Loss 2 | 9.21 (-2.65%) | Price Action: Jul 2022 High |
| Stop Loss 3 | 9.03 (-4.55%) | Fibonacci Retracement Extended 28.2% |
Summary: Econo Trade Share Price Prediction For 2024
In summary, Econo Trade has surged by ₹3.46, achieving a notable +57.67% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Econo Trade for 2024 predicts an additional rise of 2.43% to 5.07% by the end of 2024 with three potential targets T1: 9.69, T2: 9.79, T3: 9.94. Stop Loss at SL1: 9.36, SL2: 9.21, SL3: 9.03.
Econo Trade has a 52-week high of ₹11.90, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹5.45, 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 Econo Trade.
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Econo Trade Share Price Target For 2025
The line chart displays the monthly closing prices of Econo Trade 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 Econo Trade shares in 2025, see the table below.
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Econo Trade Share Price Target Table For 2025
| Econo Trade's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 13.38 (+41.43%) | Price Action: Chart |
| 2025 Target 2 | 13.13 (+38.79%) | Price Action: Chart |
| 2025 Target 1 | 13.00 (+37.42%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 9.46 | Econo Trade's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 8.65 (-8.57%) | Price Action: Oct 2022 High |
| Stop Loss 2 | 8.55 (-9.62%) | Price Action: Feb 2022 Low |
| Stop Loss 3 | 8.45 (-10.68%) | Price Action: Feb 2019 Low |
Summary: Econo Trade Share Price Prediction For 2025
In summary, Econo Trade has surged by ₹3.46, achieving a notable +57.67% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Econo Trade for 2025 predicts an additional rise of 37.42% to 41.43% by the end of 2025 with three potential targets T1: 13.00, T2: 13.13, T3: 13.38. Stop Loss at SL1: 8.65, SL2: 8.55, SL3: 8.45.
Econo Trade has a All-Time high of ₹260.15, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹5.45, 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 Econo Trade, we have created a specific page for that check here: Econo Trade Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Econo Trade Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Econo Trade share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 15.79% over the next 15 years.
For complete year by year Econo Trade long term share price target from 2024, 2025 to 2039 check the below table.
Econo Trade Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Econo Trade Target | YoY Change % |
|---|---|---|
| 2024 | ₹9.46 | [Current Price] |
| 2024 | ₹7.93 | -16.18% |
| 2025 | ₹12.99 | 63.8% |
| 2026 | ₹20.55 | 58.19% |
| 2027 | ₹26.1 | 27% |
| 2028 | ₹22.92 | -12.19% |
| 2029 | ₹22.86 | -0.27% |
| 2030 | ₹30.73 | 34.42% |
| 2031 | ₹42.61 | 38.65% |
| 2032 | ₹49.16 | 15.37% |
| 2033 | ₹40.13 | -18.37% |
| 2034 | ₹37.78 | -5.86% |
| 2035 | ₹48.48 | 28.32% |
| 2036 | ₹64.67 | 33.39% |
| 2037 | ₹72.2 | 11.65% |
| 2038 | ₹57.34 | -20.6% |
| 2039 | ₹61.78 | 7.74% |
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Econo Trade Past Performance
- In 2014, Econo Trade opening price was ₹248.35
- As of Fri 06 Sep 2024 the price stands at ₹9.46.
- This represents a Compound Annual Growth Rate (CAGR) of -25.7%.
- In 10 years, an investment of 10,000 would have become ₹380.91.
As we wrap up, we hope you like our study on Econo Trade 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.
