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Glittek Granites Share Price Target 2024, 2025, 2026 to 2039 With Charts
Glittek Granites Limited | |||
 | Symbol: GLITTEKG | ||
| Price: ₹3.8 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Glittek Granites Financial Performance
- 0.1.1: Is Glittek Granites A Good Buy For Long Term?
- 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: Summary: Glittek Granites Share Price Prediction For 2024
- 1.2: Glittek Granites Share Price Target For 2025
- 1.2.1: Glittek Granites Share Price Target Table For 2025
- 1.2.2: Summary: Glittek Granites Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Glittek Granites Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Glittek Granites Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Glittek Granites Past Performance
Glittek Granites Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 11.52 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 ₹11.37 Crore, presents a risky long-term investment. While boasting strong past 3-year (136.09%) and 5-year (124.15%) returns, its current financial health is concerning. A substantial debt of ₹20.28 Crore (Q1 2024-25) coupled with a net loss of ₹6.14 Crore (TTM) and a significant revenue drop (-35.18% QoQ) outweighs the positive past performance. Therefore, it's currently a not a good buy for long-term investors. Further investigation into the reasons behind the recent losses is crucial before considering any investment.
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
| Glittek Granites's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 3.71 (-2.37%) | Price Action: Jun 2008 Low |
| 2024 Target 2 | 3.67 (-3.43%) | Price Action: Jan 2010 High |
| 2024 Target 1 | 3.63 (-4.48%) | Price Action: Feb 2009 High |
| Current Price | 3.80 | Glittek Granites's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 3.53 (-7.11%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 2 | 3.49 (-8.16%) | Price Action: Oct 2024 High |
| Stop Loss 3 | 3.45 (-9.22%) | Price Action: Mar 2008 Low |
Summary: Glittek Granites Share Price Prediction For 2024
In summary, Glittek Granites has surged by ₹0.05, achieving a notable +1.33% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Glittek Granites for 2024 predicts an additional rise of -4.48% to -2.37% by the end of 2024 with three potential targets T1: 3.63, T2: 3.67, T3: 3.71. Stop Loss at SL1: 3.53, SL2: 3.49, SL3: 3.45.
Glittek Granites has a 52-week high of ₹5.77, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹2.65, 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 Glittek Granites.
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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
| Glittek Granites's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 5.37 (+41.31%) | Price Action: Chart |
| 2025 Target 2 | 5.27 (+38.68%) | Price Action: Chart |
| 2025 Target 1 | 5.22 (+37.36%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 3.80 | Glittek Granites's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 3.19 (-16.06%) | Price Action: Nov 2006 High |
| Stop Loss 2 | 3.15 (-17.11%) | Price Action: Jun 2017 High |
| Stop Loss 3 | 3.11 (-18.16%) | Price Action: Oct 2017 High |
Summary: Glittek Granites Share Price Prediction For 2025
In summary, Glittek Granites has surged by ₹0.05, achieving a notable +1.33% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Glittek Granites for 2025 predicts an additional rise of 37.36% to 41.31% by the end of 2025 with three potential targets T1: 5.22, T2: 5.27, T3: 5.37. Stop Loss at SL1: 3.19, SL2: 3.15, SL3: 3.11.
Glittek Granites has a All-Time high of ₹11.75, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹2.65, 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 Glittek Granites, we have created a specific page for that check here: Glittek Granites Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Glittek Granites Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Glittek Granites share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 11.14% over the next 15 years.
For complete year by year Glittek Granites long term share price target from 2024, 2025 to 2039 check the below table.
Glittek Granites Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Glittek Granites Target | YoY Change % |
|---|---|---|
| 2024 | ₹3.8 | [Current Price] |
| 2024 | ₹4.57 | 20.26% |
| 2025 | ₹5.09 | 11.37% |
| 2026 | ₹7.04 | 38.31% |
| 2027 | ₹7.86 | 11.64% |
| 2028 | ₹9.33 | 18.7% |
| 2029 | ₹9.69 | 3.85% |
| 2030 | ₹9.76 | 0.72% |
| 2031 | ₹12.49 | 27.97% |
| 2032 | ₹13.13 | 5.12% |
| 2033 | ₹14.85 | 13.09% |
| 2034 | ₹14.82 | -0.21% |
| 2035 | ₹14.43 | -2.64% |
| 2036 | ₹17.95 | 24.39% |
| 2037 | ₹18.39 | 2.5% |
| 2038 | ₹20.38 | 10.76% |
| 2039 | ₹20.04 | -1.67% |
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Glittek Granites Past Performance
- In 2002, Glittek Granites opening price was ₹2.85
- As of Thu 21 Nov 2024 the price stands at ₹3.8.
- This represents a Compound Annual Growth Rate (CAGR) of 1.26%.
- In 22 years, an investment of 10,000 would have become ₹13,333.33.
As we wrap up, we hope you like our study on Glittek Granites 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.
