Glittek Granites (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Glittek Granites Limited |
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Price: ₹4.73 | ||
| 52 Week Low: ₹2.65 52 Week High: ₹6.00 |
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| Market Capital: 10.38 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Glittek Granites Share Price Target For 2024
- 1.1.1: Glittek Granites Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Glittek Granites Share Price Target For 2025
- 1.2.1: Glittek Granites Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Glittek Granites Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Glittek Granites Financial Performance
- 3.0.1: Is Glittek Granites A Good Buy For Long Term?
To predict the Glittek Granites'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
Glittek Granites Share Price Target For 2024
The line chart displays the monthly closing prices of Glittek Granites 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 Glittek Granites shares in 2024, see the table below.
Glittek Granites Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 5.19 (+9.72%) | Price Action: 09 Feb 2024 High |
| 2024 Target 2 | 5.13 (+8.44%) | Price Action: 03 Sep 2024 Low |
| 2024 Target 1 | 5.05 (+6.76%) | Price Action: 12 Aug 2024 High |
| Current Price | 4.73 | Glittek Granites's share price as of 26 Dec 2024 |
| Stop Loss 1 | 4.58 (-3.18%) | Price Action: 10 Dec 2024 High |
| Stop Loss 2 | 4.52 (-4.44%) | Price Action: 05 Jul 2024 High |
| Stop Loss 3 | 4.47 (-5.5%) | Price Action: 26 Jul 2024 High |
Short-Term Technical Outlook
Current Technical Position: Glittek Granites is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹4.56 serves as the nearest technical reference point.
Historical Returns: 3-month: +18.25% | 6-month: +45.54% | 1-year: +26.13%
Glittek Granites Share Price Target For 2025
The line chart displays the monthly closing prices of Glittek Granites 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 Glittek Granites shares in 2025, see the table below.
Glittek Granites Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 7.03 (+48.62%) | Price Action: Chart |
| 2025 Target 2 | 6.9 (+45.87%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 6.79 (+43.55%) | Fibonacci Extension Level 123.60% |
| Current Price | 4.73 | Glittek Granites's share price as of 26 Dec 2024 |
| Stop Loss 1 | 4.23 (-10.58%) | Price Action: 05 Dec 2023 Low |
| Stop Loss 2 | 4.18 (-11.63%) | Price Action: Sep 2007 High |
| Stop Loss 3 | 4.13 (-12.69%) | Price Action: 05 Jan 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: Glittek Granites is currently trading at 62.1% of its 52-week range (₹2.65 - ₹6).
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: +26.13% | 3-year: +28.18% | 5-year: +491.25%
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Approach 2: Machine Learning By Studying Historical Prices
Glittek Granites Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹4.73 | ||
| 2024 | ₹4.49 | -5.07% | ₹4.56 |
| 2025 | ₹4.90 | +9.13% | ₹5.49 |
| 2026 | ₹6.68 | +36.32% | ₹6.78 |
| 2027 | ₹7.38 | +10.47% | ₹7.51 |
| 2028 | ₹8.70 | +17.88% | ₹8.83 |
| 2029 | ₹8.98 | +3.21% | ₹9.11 |
| 2030 | ₹8.99 | +0.11% | ₹9.99 |
| 2031 | ₹11.46 | +27.47% | ₹11.63 |
| 2032 | ₹12.00 | +4.71% | ₹12.46 |
| 2033 | ₹13.53 | +12.75% | ₹13.73 |
| 2034 | ₹13.47 | -0.44% | ₹13.84 |
| 2035 | ₹13.08 | -2.89% | ₹15.04 |
| 2036 | ₹16.23 | +24.08% | ₹16.47 |
| 2037 | ₹16.61 | +2.34% | ₹17.41 |
| 2038 | ₹18.36 | +10.53% | ₹18.65 |
| 2039 | ₹18.04 | -1.74% | ₹18.62 |
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.
Glittek Granites Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 10.38 Crore | Market valuation of Glittek Granites's shares. |
| Revenue (TTM) | 6.89 Crore | Total revenue generated by Glittek Granites over the past twelve months. |
| Net Income (TTM) | -6.14 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -64.34% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +19.92% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-35.18% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
4.08 | Company's total debt divided by total shareholder equity. |
| Total Debt | 20.28 Crore | Sum of Glittek Granites's current & long-term financial obligations. |
Is Glittek Granites A Good Buy For Long Term?
Glittek Granites, a small-cap stock with a market capitalization of 10.38 Crore, presents a complex picture for long-term investors. While its past 3-year and 5-year returns are impressive (128.40% and 116.85% respectively), a significant net loss of 6.14 Crore in the last 12 months (TTM), coupled with a substantial debt of 20.28 Crore (Q1-2024-25), raises serious concerns. The negative revenue change of -35.18% from the previous quarter further highlights the company's instability. Therefore, based on this data, Glittek Granites is not a good buy for the long term. Further investigation is crucial before considering any 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.
