Globe Commercials (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Globe Commercials Limited |
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Price: ₹34.17 | ||
| 52 Week Low: ₹19.90 52 Week High: ₹43.95 |
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| Market Capital: 9.95 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Globe Commercials Share Price Target For 2024
- 1.1.1: Globe Commercials Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Globe Commercials Share Price Target For 2025
- 1.2.1: Globe Commercials Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Globe Commercials Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Globe Commercials Financial Performance
- 3.0.1: Is Globe Commercials A Good Buy For Long Term?
To predict the Globe Commercials'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
Globe Commercials Share Price Target For 2024
The line chart displays the monthly closing prices of Globe Commercials 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 Globe Commercials shares in 2024, see the table below.
Globe Commercials Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 36.56 (+6.99%) | Price Action: 26 Nov 2024 High |
| 2024 Target 2 | 36.19 (+5.91%) | Price Action: 28 Nov 2024 Low |
| 2024 Target 1 | 35.77 (+4.68%) | Price Action: Jul 2023 High |
| Current Price | 34.17 | Globe Commercials's share price as of 26 Dec 2024 |
| Stop Loss 1 | 33.49 (-2%) | Price Action: 04 Oct 2024 High |
| Stop Loss 2 | 33.01 (-3.4%) | Price Action: 19 Sep 2024 Low |
| Stop Loss 3 | 32.65 (-4.45%) | Price Action: 24 Jul 2023 High |
Short-Term Technical Outlook
Current Technical Position: Globe Commercials is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹37.36 serves as the nearest technical reference point.
Historical Returns: 3-month: -3.45% | 6-month: +62.79% | 1-year: +35.7%
Globe Commercials Share Price Target For 2025
The line chart displays the monthly closing prices of Globe Commercials 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 Globe Commercials shares in 2025, see the table below.
Globe Commercials Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 51.08 (+49.48%) | Price Action: Chart |
| 2025 Target 2 | 50.13 (+46.7%) | Price Action: Chart |
| 2025 Target 1 | 49.63 (+45.24%) | Fibonacci Extension Level 123.60% |
| Current Price | 34.17 | Globe Commercials's share price as of 26 Dec 2024 |
| Stop Loss 1 | 30.5 (-10.75%) | Price Action: 05 Sep 2024 Low |
| Stop Loss 2 | 30.19 (-11.65%) | Price Action: 01 Aug 2023 High |
| Stop Loss 3 | 29.87 (-12.59%) | Price Action: 18 Aug 2023 High |
Long-Term Technical Outlook
52-Week Range Analysis: Globe Commercials is currently trading at 59.3% of its 52-week range (₹19.9 - ₹43.95).
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: +35.7% | 3-year: +52.54% | 5-year: +361.76%
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Approach 2: Machine Learning By Studying Historical Prices
Globe Commercials Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹34.17 | ||
| 2024 | ₹39.27 | +14.92% | ₹39.86 |
| 2025 | ₹57.71 | +46.95% | ₹58.58 |
| 2026 | ₹70.14 | +21.53% | ₹79.53 |
| 2027 | ₹105.48 | +50.38% | ₹107.06 |
| 2028 | ₹125.43 | +18.91% | ₹127.31 |
| 2029 | ₹133.64 | +6.54% | ₹135.64 |
| 2030 | ₹151.36 | +13.25% | ₹157.38 |
| 2031 | ₹156.07 | +3.11% | ₹183.34 |
| 2032 | ₹209.29 | +34.1% | ₹212.43 |
| 2033 | ₹228.56 | +9.2% | ₹231.99 |
| 2034 | ₹228.00 | -0.24% | ₹235.24 |
| 2035 | ₹245.02 | +7.46% | ₹261.19 |
| 2036 | ₹242.01 | -1.22% | ₹287.14 |
| 2037 | ₹313.09 | +29.37% | ₹317.79 |
| 2038 | ₹331.70 | +5.94% | ₹336.68 |
| 2039 | ₹323.42 | -2.49% | ₹339.04 |
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.
Globe Commercials Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 9.95 Crore | Market valuation of Globe Commercials's shares. |
| Revenue Growth (Quarterly) |
+330.91% | Change in revenue compared to the previous quarter. |
Is Globe Commercials A Good Buy For Long Term?
Globe Commercials, a small-cap stock with a market capitalization of ₹9.95 crore, shows impressive short-to-medium-term growth. Past 3-month returns stand at 35.49%, while year-to-date returns are 31.73%. However, a significant revenue increase of 330.91 (units unspecified) in the last quarter needs further investigation. While long-term returns (5 years: 57.95%, 3 years: 148.46%) are positive, the small market cap introduces significant risk. Therefore, Globe Commercials presents a potentially high-risk, high-reward investment for long-term investors with a high-risk tolerance. Further due diligence is crucial before investing.
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.
