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Grand Foundry Ltd. Share Price Target 2024, 2025, 2026 to 2039 With Charts
Grand Foundry Ltd. | |||
![]() | Symbol: GFSTEELS | ||
Price: ₹8.31 | |||
Exchange: NSE | |||
Basic Materials -> Steel |
Show Table of Contents
Table of Contents
- 1: Grand Foundry Ltd. Brief Company Overview
- 1.1: Grand Foundry Limited: A Global Leader in Stainless Steel
- 1.2: Grand Foundry Ltd. Financial Performance
- 1.2.1: Is Grand Foundry Ltd. A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Grand Foundry Ltd. Share Price Target For 2024
- 2.1.1: Grand Foundry Ltd. Share Price Target Table For 2024
- 2.1.2: Summary: Grand Foundry Ltd. Share Price Prediction For 2024
- 2.2: Grand Foundry Ltd. Share Price Target For 2025
- 2.2.1: Grand Foundry Ltd. Share Price Target Table For 2025
- 2.2.2: Summary: Grand Foundry Ltd. Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Grand Foundry Ltd. Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Grand Foundry Ltd. Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Grand Foundry Ltd. Past Performance
Grand Foundry Ltd. Brief Company Overview
Grand Foundry Limited: A Global Leader in Stainless Steel
Grand Foundry Limited, a reputable manufacturer since 1973, has established itself as a prominent player in the global stainless steel industry. The company specializes in producing and distributing high-quality stainless steel bright bars and wires, catering to diverse industries worldwide.
With operations spanning across India, the United States, Japan, Singapore, Italy, Australia, and Canada, Grand Foundry has secured a strong global presence. Their comprehensive range of products finds applications in various sectors, including petrochemicals, oil and natural gas, and automotive.
Beyond their core products, Grand Foundry offers value-added services such as pickling and heat treatment lines to meet specific customer requirements. The company's commitment to innovation and customer satisfaction has earned it a strong reputation for excellence and reliability.
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Grand Foundry Ltd. Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 25.89 Crore | Market valuation of Grand Foundry Ltd.'s shares. |
Revenue (TTM) | 2.77 Lakh | Total revenue generated by Grand Foundry Ltd. over the past twelve months. |
Net Income (TTM) | -72.16 Lakh | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | -858.49% | Income from operations as a percentage of revenue, before taxes and interest. |
Earnings Growth (YOY Quarterly) | -100% | Change in earnings compared to the same quarter last year. |
Debt-to-Equity (D/E) Ratio | -0.99 | Company's total debt divided by total shareholder equity. |
Total Debt | 4.88 Crore | Sum of Grand Foundry Ltd.'s current & long-term financial obligations. |
Total Cash | 59,000 | Total amount of liquid funds available to Grand Foundry Ltd.. |
Beta | -0.5 | Beta is less than 1 indicating that the Grand Foundry Ltd.'s price is less volatile than the market. |
Is Grand Foundry Ltd. A Good Buy For Long Term?
Grand Foundry Ltd. is a risky proposition for long-term investors. Despite a strong 5-year return of 67.87%, the company's current financial health is concerning. A net loss of -72.16 Lakh in the last 12 months coupled with a significant debt of 4.88 Crore and meager cash balance of 59,000 indicates financial strain. While the past year's 20.43% return is promising, the recent -100% change in earnings compared to the same quarter last year raises serious red flags. Given these factors, it's not a good buy for long-term investors at this time.
To predict the Grand Foundry Ltd.'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
Grand Foundry Ltd. Share Price Target For 2024
![Grand Foundry Ltd. Targets For 2024 Chart](/wp-content/uploads/nip_uploads/charts/gfsteels_thisyear_20240906.webp)
The line chart displays the monthly closing prices of Grand Foundry Ltd. 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 Grand Foundry Ltd. shares in 2024, see the table below.
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Grand Foundry Ltd. Share Price Target Table For 2024
Grand Foundry Ltd.'s Levels | Value | Reason/Importance |
---|---|---|
2024 Target 3 | 8.72 (+4.93%) | Technical Indicator: MA150 |
2024 Target 2 | 8.60 (+3.48%) | Price Action: 12 Aug 2024 Low |
2024 Target 1 | 8.46 (+1.8%) | Technical Indicator: MA200 |
Current Price | 8.31 | Grand Foundry Ltd.'s 1 share price as of Thu 05 Sep 2024 |
Stop Loss 1 | 8.25 (-0.73%) | Price Action: Feb 2024 High |
Stop Loss 2 | 8.15 (-1.93%) | Price Action: Sep 2005 High |
Stop Loss 3 | 8.03 (-3.37%) | Fibonacci Retracement Extended 40% |
Summary: Grand Foundry Ltd. Share Price Prediction For 2024
In summary, Grand Foundry Ltd. has surged by ₹0.76, achieving a notable +10.07% increase from 1st January 2024 to 05 Sep 2024. Our analysis of Grand Foundry Ltd. for 2024 predicts an additional rise of 1.8% to 4.93% by the end of 2024 with three potential targets T1: 8.46, T2: 8.60, T3: 8.72. Stop Loss at SL1: 8.25, SL2: 8.15, SL3: 8.03.
Grand Foundry Ltd. has a 52-week high of ₹9.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹6.90, 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 Grand Foundry Ltd..
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Grand Foundry Ltd. Share Price Target For 2025
![Grand Foundry Ltd. Targets For 2025 Chart](/wp-content/uploads/nip_uploads/charts/gfsteels_nextyear_20240906.webp)
The line chart displays the monthly closing prices of Grand Foundry Ltd. 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 Grand Foundry Ltd. shares in 2025, see the table below.
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Grand Foundry Ltd. Share Price Target Table For 2025
Grand Foundry Ltd.'s Levels | Value | Reason/Importance |
---|---|---|
2025 Target 3 | 10.44 (+25.63%) | Fibonacci Extension Level 150% |
2025 Target 2 | 10.20 (+22.74%) | Price Action: Chart |
2025 Target 1 | 10.10 (+21.54%) | Custom Fibonacci Extension Lvl 64.9% |
Current Price | 8.31 | Grand Foundry Ltd.'s 1 share price as of Thu 05 Sep 2024 |
Stop Loss 1 | 7.90 (-4.94%) | Price Action: Jan 2024 High |
Stop Loss 2 | 7.82 (-5.9%) | Price Action: Chart |
Stop Loss 3 | 7.60 (-8.55%) | Price Action: Oct 2019 High |
Summary: Grand Foundry Ltd. Share Price Prediction For 2025
In summary, Grand Foundry Ltd. has surged by ₹0.76, achieving a notable +10.07% increase from 1st January 2024 to 05 Sep 2024. Our analysis of Grand Foundry Ltd. for 2025 predicts an additional rise of 21.54% to 25.63% by the end of 2025 with three potential targets T1: 10.10, T2: 10.20, T3: 10.44. Stop Loss at SL1: 7.90, SL2: 7.82, SL3: 7.60.
Grand Foundry Ltd. has a All-Time high of ₹12.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹6.90, 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 Grand Foundry Ltd., we have created a specific page for that check here: Grand Foundry Ltd. Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Grand Foundry Ltd. Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
![Grand Foundry Ltd. Targets Chart 2024, 2025, 2026 to 2039](/wp-content/uploads/nip_uploads/charts/gfsteels_15years_20240906.webp)
This chart presents a detailed projection of Grand Foundry Ltd. share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -2.8% over the next 15 years.
For complete year by year Grand Foundry Ltd. long term share price target from 2024, 2025 to 2039 check the below table.
Grand Foundry Ltd. Share Price Target Table From 2024, 2025, 2026 to 2039
Year | Grand Foundry Ltd. Target | YoY Change % |
---|---|---|
2024 | ₹8.31 | [Current Price] |
2024 | ₹8.21 | -1.21% |
2025 | ₹8.05 | -1.95% |
2026 | ₹8.35 | 3.72% |
2027 | ₹7.42 | -11.14% |
2028 | ₹7.61 | 2.56% |
2029 | ₹7.29 | -4.21% |
2030 | ₹7.13 | -2.2% |
2031 | ₹7.37 | 3.36% |
2032 | ₹6.53 | -11.4% |
2033 | ₹6.68 | 2.29% |
2034 | ₹6.38 | -4.5% |
2035 | ₹6.21 | -2.67% |
2036 | ₹6.4 | 3.05% |
2037 | ₹5.65 | -11.72% |
2038 | ₹5.74 | 1.59% |
2039 | ₹5.52 | -3.84% |
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Grand Foundry Ltd. Past Performance
![GFSTEELS main](/wp-content/uploads/nip_uploads/charts/GFSTEELS_main.webp)
- In 2000, Grand Foundry Ltd. opening price was ₹8
- As of Thu 05 Sep 2024 the price stands at ₹8.31.
- This represents a Compound Annual Growth Rate (CAGR) of 0.15%.
- In 24 years, an investment of 10,000 would have become ₹10,387.5.
As we wrap up, we hope you like our study on Grand Foundry Ltd. 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.