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Geekay Wires Share Price Target 2024, 2025, 2026 to 2039 With Charts
Geekay Wires Limited | |||
 | Symbol: GEEKAYWIRE | ||
| Price: ₹109.31 | |||
| Exchange: NSE | |||
| Industrials -> Electrical Equipment & Parts | |||
Show Table of Contents
Table of Contents
- 1: Geekay Wires Brief Company Overview
- 1.1: Geekay Wires Limited: A Reputable Name in the Steel Industry
- 1.2: Geekay Wires Financial Performance
- 1.2.1: Is Geekay Wires A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Geekay Wires Share Price Target For 2024
- 2.1.1: Geekay Wires Share Price Target Table For 2024
- 2.1.2: Summary: Geekay Wires Share Price Prediction For 2024
- 2.2: Geekay Wires Share Price Target For 2025
- 2.2.1: Geekay Wires Share Price Target Table For 2025
- 2.2.2: Summary: Geekay Wires Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Geekay Wires Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Geekay Wires Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Geekay Wires Past Performance
Geekay Wires Brief Company Overview
Geekay Wires Limited: A Reputable Name in the Steel Industry
Established in 1989, Geekay Wires Limited is a leading manufacturer and supplier of galvanized steel wires, fasteners, and other specialty products in India and abroad.
The company's diverse product range includes barbed wires, chain link fences, welded wire meshes, cable armour wires, steel tapes, nuts, bolts, rivets, nails, and more. These products find applications in various industries, including power transmission, cable and conductor, construction, automotive, marine, mining, and renewable energy.
Geekay Wires Limited is known for its commitment to providing high-quality products and services to its customers. The company has a strong reputation for innovation and customer satisfaction, making it a trusted partner for businesses worldwide.
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Geekay Wires Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 564.93 Crore | Market valuation of Geekay Wires's shares. |
| Revenue (TTM) | 410.9 Crore | Total revenue generated by Geekay Wires over the past twelve months. |
| Net Income (TTM) | +40.24 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 15.89% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 9.79% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -0.7% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +20.6% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 77.27 | Company's total debt divided by total shareholder equity. |
| Total Debt | 93.91 Crore | Sum of Geekay Wires's current & long-term financial obligations. |
| Total Cash | 2.3 Crore | Total amount of liquid funds available to Geekay Wires. |
| Beta | -0.01 | Beta is less than 1 indicating that the Geekay Wires's price is less volatile than the market. |
Is Geekay Wires A Good Buy For Long Term?
Geekay Wires, a small-cap company with a market capitalization of 584 Crore, shows mixed signals. While it boasts a strong 5-year return of 238.63% and a solid profit margin of 9.79%, the recent 12-month return of -63.01% is concerning. Additionally, the company's high debt of 93.91 Crore against a meager cash balance of 2.3 Crore raises red flags. Given the current financial situation, Geekay Wires is not a good buy for the long term. Further investigation into the reasons behind the recent decline and the company's debt management strategy is warranted before considering an investment.
To predict the Geekay Wires'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
Geekay Wires Share Price Target For 2024
The line chart displays the monthly closing prices of Geekay Wires 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 Geekay Wires shares in 2024, see the table below.
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Geekay Wires Share Price Target Table For 2024
| Geekay Wires's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 113.59 (+3.91%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 2 | 111.89 (+2.36%) | Price Action: 26 Sep 2024 High |
| 2024 Target 1 | 110.60 (+1.18%) | Price Action: 04 Oct 2024 High |
| Current Price | 109.31 | Geekay Wires's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 109.22 (-0.09%) | Price Action: 25 Sep 2024 High |
| Stop Loss 2 | 108.11 (-1.1%) | Price Action: 14 Oct 2024 Low |
| Stop Loss 3 | 107.00 (-2.12%) | Price Action: Sep 2024 Low |
Summary: Geekay Wires Share Price Prediction For 2024
In summary, Geekay Wires has surged by ₹18.31, achieving a notable +20.12% increase from 1st January 2024 to 17 Oct 2024. Our analysis of Geekay Wires for 2024 predicts an additional rise of 1.18% to 3.91% by the end of 2024 with three potential targets T1: 110.60, T2: 111.89, T3: 113.59. Stop Loss at SL1: 109.22, SL2: 108.11, SL3: 107.00.
Geekay Wires has a 52-week high of ₹147.80, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹71.00, 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 Geekay Wires.
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Geekay Wires Share Price Target For 2025
The line chart displays the monthly closing prices of Geekay Wires 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 Geekay Wires shares in 2025, see the table below.
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Geekay Wires Share Price Target Table For 2025
| Geekay Wires's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 307.74 (+181.52%) | Price Action: Chart |
| 2025 Target 2 | 302.00 (+176.27%) | Price Action: Chart |
| 2025 Target 1 | 299.01 (+173.54%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 109.31 | Geekay Wires's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 63.60 (-41.82%) | Price Action: Chart |
| Stop Loss 2 | 62.96 (-42.41%) | Price Action: Chart |
| Stop Loss 3 | 61.83 (-43.44%) | Price Action: Chart |
Summary: Geekay Wires Share Price Prediction For 2025
In summary, Geekay Wires has surged by ₹18.31, achieving a notable +20.12% increase from 1st January 2024 to 17 Oct 2024. Our analysis of Geekay Wires for 2025 predicts an additional rise of 173.54% to 181.52% by the end of 2025 with three potential targets T1: 299.01, T2: 302.00, T3: 307.74. Stop Loss at SL1: 63.60, SL2: 62.96, SL3: 61.83.
Geekay Wires has a All-Time high of ₹362.70, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹71.00, 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 Geekay Wires, we have created a specific page for that check here: Geekay Wires Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Geekay Wires Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Geekay Wires share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -1.59% over the next 5 years.
For complete year by year Geekay Wires long term share price target from 2024, 2025 to 2039 check the below table.
Geekay Wires Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Geekay Wires Target | YoY Change % |
|---|---|---|
| 2024 | ₹109.31 | [Current Price] |
| 2024 | ₹84.7 | -22.52% |
| 2025 | ₹76.77 | -9.37% |
| 2026 | ₹94.86 | 23.56% |
| 2027 | ₹95.99 | 1.19% |
| 2028 | ₹83.53 | -12.99% |
| 2029 | ₹79.44 | -4.9% |
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Geekay Wires Past Performance
- In 2017, Geekay Wires opening price was ₹33.35
- As of Thu 17 Oct 2024 the price stands at ₹109.31.
- This represents a Compound Annual Growth Rate (CAGR) of 16%.
- In 7 years, an investment of 10,000 would have become ₹32,776.61.
As we wrap up, we hope you like our study on Geekay Wires 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.
