Great Eastern Shipping (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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The Great Eastern Shipping Company Limited |
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Price: ₹964.55 | ||
| 52 Week Low: ₹890.00 52 Week High: ₹1,543.70 |
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| Market Capital: 15,170.42 Crore (Midcap) | |||
| Industrials -> Marine Shipping | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Great Eastern Shipping Share Price Target For 2024
- 1.1.1: Great Eastern Shipping Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Great Eastern Shipping Share Price Target For 2025
- 1.2.1: Great Eastern 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: Great Eastern Shipping Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Great Eastern Shipping Brief Company Overview
- 4: Great Eastern Shipping Financial Performance
- 4.0.1: Is Great Eastern Shipping A Good Buy For Long Term?
To predict the Great Eastern 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
Great Eastern Shipping Share Price Target For 2024
The line chart displays the monthly closing prices of Great Eastern 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 Great Eastern Shipping shares in 2024, see the table below.
Great Eastern Shipping Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 1012.8 (+5%) | Price Action: 07 May 2024 High |
| 2024 Target 2 | 1001.95 (+3.87%) | Price Action: 29 May 2024 Low |
| 2024 Target 1 | 991.95 (+2.84%) | Price Action: 28 Dec 2023 High |
| Current Price | 964.55 | Great Eastern Shipping's share price as of 26 Dec 2024 |
| Stop Loss 1 | 952.1 (-1.3%) | Price Action: 12 Apr 2024 Low |
| Stop Loss 2 | 942.0 (-2.34%) | Price Action: 22 Feb 2024 High |
| Stop Loss 3 | 931.0 (-3.48%) | Price Action: 19 Dec 2023 Low |
Short-Term Technical Outlook
Current Technical Position: Great Eastern Shipping is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹1064.53 serves as the nearest technical reference point.
Historical Returns: 3-month: -19.64% | 6-month: -21.26% | 1-year: -1.25%
Great Eastern Shipping Share Price Target For 2025
The line chart displays the monthly closing prices of Great Eastern 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 Great Eastern Shipping shares in 2025, see the table below.
Great Eastern Shipping Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1412.5 (+46.44%) | Price Action: 16 Jul 2024 High |
| 2025 Target 2 | 1397.85 (+44.92%) | Price Action: 21 Aug 2024 High |
| 2025 Target 1 | 1382.9 (+43.37%) | Price Action: 15 Jul 2024 Low |
| Current Price | 964.55 | Great Eastern Shipping's share price as of 26 Dec 2024 |
| Stop Loss 1 | 862.0 (-10.64%) | Price Action: 29 Sep 2023 High |
| Stop Loss 2 | 852.8 (-11.59%) | Price Action: Dec 2023 Low |
| Stop Loss 3 | 843.05 (-12.6%) | Price Action: 10 Oct 2023 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Great Eastern Shipping is currently trading near its 52-week low of ₹890, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -1.25% | 3-year: +223.46% | 5-year: +222.65%
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Approach 2: Machine Learning By Studying Historical Prices
Great Eastern Shipping Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹964.55 | ||
| 2024 | ₹1,235.62 | +28.1% | ₹1,254.15 |
| 2025 | ₹1,283.56 | +3.87% | ₹1,302.81 |
| 2026 | ₹1,227.53 | -4.36% | ₹1,268.00 |
| 2027 | ₹1,196.44 | -2.53% | ₹1,302.50 |
| 2028 | ₹1,218.55 | +1.84% | ₹1,321.45 |
| 2029 | ₹1,309.46 | +7.46% | ₹1,340.40 |
| 2030 | ₹1,359.35 | +3.8% | ₹1,379.74 |
| 2031 | ₹1,299.17 | -4.42% | ₹1,342.73 |
| 2032 | ₹1,265.46 | -2.59% | ₹1,378.30 |
| 2033 | ₹1,288.04 | +1.78% | ₹1,397.25 |
| 2034 | ₹1,383.30 | +7.39% | ₹1,416.20 |
| 2035 | ₹1,435.15 | +3.74% | ₹1,456.68 |
| 2036 | ₹1,370.81 | -4.48% | ₹1,417.47 |
| 2037 | ₹1,334.49 | -2.64% | ₹1,454.10 |
| 2038 | ₹1,357.54 | +1.72% | ₹1,473.05 |
| 2039 | ₹1,473.52 | +8.54% | ₹1,495.62 |
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.
Great Eastern Shipping Brief Company Overview
The Great Eastern Shipping Company Limited: A Maritime Powerhouse Established in 1948, The Great Eastern Shipping Company Limited has grown into a leading shipping and offshore services provider. Key Products and Services: Transportation of crude oil, petroleum products, gas,...
and dry bulk commodities (43-vessel fleet) Offshore oilfield services (supply vessels and mobile offshore drilling rigs) Reputation and Market Presence: The company has earned a strong reputation for its reliability and operational excellence in the industry. Diverse Product Range: Great Eastern Shipping caters to a wide spectrum of maritime needs, ensuring a diversified revenue stream. Commitment: The company is committed to sustainable operations and the highest standards of safety and environmental stewardship.Great Eastern Shipping Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 15,170.42 Crore | Market valuation of Great Eastern Shipping's shares. |
| Revenue (TTM) | 5,605.09 Crore | Total revenue generated by Great Eastern Shipping over the past twelve months. |
| Net Income (TTM) | +2,830.75 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +33.72% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +50.5% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+10.19% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-3.2% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
20.65 | Company's total debt divided by total shareholder equity. |
| Total Debt | 2,787.94 Crore | Sum of Great Eastern Shipping's current & long-term financial obligations. |
| Total Cash | 7,423.98 Crore | Total amount of liquid funds available to Great Eastern Shipping. |
| Beta | 0.73 | Beta is less than 1 indicating that the Great Eastern Shipping's price is less volatile than the market. |
Is Great Eastern Shipping A Good Buy For Long Term?
Great Eastern Shipping (GES), a mid-cap stock with a market capitalization of ₹15,170.42 crore, presents a mixed picture for long-term investors. While its impressive 50.5% profit margin and substantial cash balance of ₹7,423.98 crore (Q2 2024-25) are positive indicators, a significant debt of ₹2,787.94 crore and a recent 3-month return of -22.55% warrant caution. Although past performance (308.04% over three years) is strong, the current market volatility necessitates careful consideration. It's an average buy, requiring further due diligence before committing to a long-term investment.
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.
