Eveready Industries (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Eveready Industries India Limited |
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Price: ₹400.70 | ||
| 52 Week Low: ₹295.05 52 Week High: ₹505.00 |
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| Market Capital: 2,662.17 Crore (Smallcap) | |||
| Industrials -> Electrical Equipment & Parts | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Eveready Industries Share Price Target For 2024
- 1.1.1: Eveready Industries Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Eveready Industries Share Price Target For 2025
- 1.2.1: Eveready Industries Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Eveready Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Eveready Industries Brief Company Overview
- 4: Eveready Industries Financial Performance
- 4.0.1: Is Eveready Industries A Good Buy For Long Term?
To predict the Eveready Industries'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
Eveready Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Eveready Industries 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 Eveready Industries shares in 2024, see the table below.
Eveready Industries Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 422.15 (+5.35%) | Price Action: 20 Dec 2024 High |
| 2024 Target 2 | 417.76 (+4.25%) | Price Action: Feb 2018 High |
| 2024 Target 1 | 411.85 (+2.78%) | Price Action: 23 Oct 2024 High |
| Current Price | 400.70 | Eveready Industries's share price as of 20 Dec 2024 |
| Stop Loss 1 | 397.4 (-0.83%) | Price Action: 04 Dec 2024 Low |
| Stop Loss 2 | 393.39 (-1.83%) | Price Action: 19 Nov 2024 High |
| Stop Loss 3 | 389.05 (-2.91%) | Price Action: 16 Dec 2024 High |
Short-Term Technical Outlook
Current Technical Position: Eveready Industries is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 50-day moving average at ₹395.7 serves as the nearest technical reference point.
Historical Returns: 3-month: -12.63% | 6-month: +15.27% | 1-year: +16.03%
Eveready Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Eveready Industries 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 Eveready Industries shares in 2025, see the table below.
Eveready Industries Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 554.71 (+38.43%) | Fibonacci Extension Level 123.60% |
| 2025 Target 2 | 543.79 (+35.71%) | Price Action: Chart |
| 2025 Target 1 | 538.41 (+34.36%) | Fibonacci Extension Level 64.90% |
| Current Price | 400.70 | Eveready Industries's share price as of 20 Dec 2024 |
| Stop Loss 1 | 370.29 (-7.59%) | Price Action: 21 Nov 2024 Low |
| Stop Loss 2 | 364.68 (-8.99%) | Price Action: Jan 2024 High |
| Stop Loss 3 | 359.35 (-10.32%) | Price Action: 14 Nov 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Eveready Industries is currently trading at 50.3% of its 52-week range (₹295.05 - ₹505).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +16.03% | 3-year: +37.06% | 5-year: +633.61%
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Approach 2: Machine Learning By Studying Historical Prices
Eveready Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹400.70 | ||
| 2024 | ₹449.82 | +12.26% | ₹457.15 |
| 2025 | ₹477.38 | +6.13% | ₹523.39 |
| 2026 | ₹512.46 | +7.35% | ₹612.69 |
| 2027 | ₹672.36 | +31.20% | ₹701.99 |
| 2028 | ₹761.92 | +13.32% | ₹773.35 |
| 2029 | ₹775.34 | +1.76% | ₹792.02 |
| 2030 | ₹779.16 | +0.49% | ₹880.60 |
| 2031 | ₹800.05 | +2.68% | ₹969.90 |
| 2032 | ₹1,011.61 | +26.44% | ₹1,026.78 |
| 2033 | ₹1,111.12 | +9.84% | ₹1,127.79 |
| 2034 | ₹1,100.86 | -0.92% | ₹1,117.37 |
| 2035 | ₹1,080.94 | -1.81% | ₹1,097.15 |
| 2036 | ₹1,087.65 | +0.62% | ₹1,327.11 |
| 2037 | ₹1,350.86 | +24.20% | ₹1,416.41 |
| 2038 | ₹1,460.33 | +8.10% | ₹1,482.23 |
| 2039 | ₹1,461.74 | +0.10% | ₹1,505.72 |
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.
Eveready Industries Brief Company Overview
```html Eveready Industries India Limited: A Legacy of Illumination Founded in 1905, Eveready Industries India Limited is a leading manufacturer and marketer of batteries, flashlights, and lighting products in India. Key Products: Zinc carbon, alkaline, and...
rechargeable batteries; flashlights (rechargeable, plastic, brass, aluminum, LED); LED portable lanterns Diverse Range: LED bulbs, emergency LEDs, smart ambient lighting, LED panels, LED downlights, LED spotlights, LED battens, LED flood lights, LED streetlights, indoor commercial, industrial, and outdoor lighting products, spike guards Market Presence: Products marketed under Eveready, PowerCell, Shakti, and Uniross brand names Eveready Industries India Limited is committed to providing innovative and high-quality lighting solutions to consumers across the country. ```Eveready Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,662.17 Crore | Market valuation of Eveready Industries's shares. |
| Revenue (TTM) | 1,300.07 Crore | Total revenue generated by Eveready Industries over the past twelve months. |
| Net Income (TTM) | +712,694,016.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +12.08% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +5.48% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-3.90% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+18.09% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
79.26 | Company's total debt divided by total shareholder equity. |
| Total Debt | 306.53 Crore | Sum of Eveready Industries's current & long-term financial obligations. |
| Total Cash | 7.57 Crore | Total amount of liquid funds available to Eveready Industries. |
| Beta | 1.03 | Beta is greater than 1 indicating that the Eveready Industries's price is more volatile than the market. |
Is Eveready Industries A Good Buy For Long Term?
Eveready Industries, a small-cap stock with a market capitalization of ₹2,662.17 Crore, shows mixed signals for long-term investment. While its 5-year return of 98.26% is impressive, the recent 3-month return of -11.70% and a modest profit margin of 5.48% (net profit ₹71.26 Crore on revenue of ₹1,300.07 Crore in TTM) raise concerns. The company's debt (₹306.53 Crore in Q2 2024-25) outweighs its cash balance (₹7.57 Crore). Considering these factors, Eveready Industries is an average buy for the long term, requiring further in-depth analysis before a strong recommendation.
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.
