Geekay Wires (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Geekay Wires Limited |
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Price: ₹101.40 | ||
| 52 Week Low: ₹73.90 52 Week High: ₹147.80 |
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| Market Capital: 494.95 Crore (Smallcap) | |||
| Industrials -> Electrical Equipment & Parts | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Geekay Wires Share Price Target For 2024
- 1.1.1: Geekay Wires Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Geekay Wires Share Price Target For 2025
- 1.2.1: Geekay Wires Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Geekay Wires Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Geekay Wires Brief Company Overview
- 4: Geekay Wires Financial Performance
- 4.0.1: Is Geekay Wires A Good Buy For Long Term?
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.
Geekay Wires Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 106.89 (+5.41%) | Price Action: 04 Dec 2024 High |
| 2024 Target 2 | 105.59 (+4.13%) | Price Action: 12 Dec 2024 High |
| 2024 Target 1 | 104.53 (+3.08%) | Price Action: Sep 2024 Low |
| Current Price | 101.40 | Geekay Wires's share price as of 23 Dec 2024 |
| Stop Loss 1 | 99.18 (-2.19%) | Price Action: Feb 2024 Low |
| Stop Loss 2 | 98.01 (-3.35%) | Price Action: 24 Oct 2024 Low |
| Stop Loss 3 | 96.69 (-4.65%) | Price Action: 11 Nov 2024 High |
Short-Term Technical Outlook
Current Technical Position: Geekay Wires is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹101.24 serves as the nearest technical reference point.
Historical Returns: 3-month: -6.14% | 6-month: +13.19% | 1-year: +13.43%
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.
Geekay Wires Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 151.6 (+49.5%) | Price Action: Chart |
| 2025 Target 2 | 148.77 (+46.71%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 147.11 (+45.07%) | Fibonacci Extension Level 100.00% |
| Current Price | 101.40 | Geekay Wires's share price as of 23 Dec 2024 |
| Stop Loss 1 | 89.0 (-12.23%) | Price Action: Nov 2024 Low |
| Stop Loss 2 | 87.01 (-14.2%) | Price Action: Jul 2024 Low |
| Stop Loss 3 | 85.44 (-15.74%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Geekay Wires is currently trading at 37.2% of its 52-week range (₹73.9 - ₹147.8).
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +13.43% | 3-year: +599.79% | 5-year: +1,668.16%
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Approach 2: Machine Learning By Studying Historical Prices
Geekay Wires Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹101.40 | ||
| 2024 | ₹105.88 | +4.41% | ₹107.47 |
| 2025 | ₹110.54 | +4.4% | ₹113.11 |
| 2026 | ₹116.31 | +5.21% | ₹118.67 |
| 2027 | ₹123.23 | +5.94% | ₹125.77 |
| 2028 | ₹132.87 | +7.82% | ₹134.86 |
| 2029 | ₹133.19 | +0.24% | ₹135.19 |
| 2030 | ₹137.65 | +3.34% | ₹141.08 |
| 2031 | ₹143.50 | +4.24% | ₹147.07 |
| 2032 | ₹150.75 | +5.05% | ₹154.18 |
| 2033 | ₹161.28 | +6.98% | ₹163.70 |
| 2034 | ₹160.49 | -0.48% | ₹162.90 |
| 2035 | ₹164.75 | +2.65% | ₹169.04 |
| 2036 | ₹170.69 | +3.6% | ₹175.48 |
| 2037 | ₹178.27 | +4.44% | ₹182.58 |
| 2038 | ₹189.68 | +6.4% | ₹192.53 |
| 2039 | ₹187.34 | -1.23% | ₹190.15 |
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.
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.Geekay Wires Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 494.95 Crore | Market valuation of Geekay Wires's shares. |
| Revenue (TTM) | 425.64 Crore | Total revenue generated by Geekay Wires over the past twelve months. |
| Net Income (TTM) | +39.56 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +11.28% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +9.28% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+13.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-6.81% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
81.92 | Company's total debt divided by total shareholder equity. |
| Total Debt | 104.52 Crore | Sum of Geekay Wires's current & long-term financial obligations. |
| Total Cash | 2.43 Crore | Total amount of liquid funds available to Geekay Wires. |
| Beta | 0.02 | 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 stock with a market capitalization of ₹494.95 crore, presents a mixed picture for long-term investors. While its five-year return of 180.60% is impressive, recent performance shows a decline: -4.55% in the past three months and -16.47% over the past six. The Q1 2024-25 report reveals a net profit of ₹39.56 crore (9.29% profit margin) against a debt of ₹104.52 crore and a meager cash balance of ₹2.43 crore. Considering the negative quarter-on-quarter earnings change (-6.81%), it's currently an average buy, warranting further investigation before a long-term investment decision.
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.
