Golden Carpets (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Golden Carpets Limited |
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Price: ₹14.16 | ||
| 52 Week Low: ₹8.32 52 Week High: ₹14.33 |
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| Market Capital: 8.43 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Golden Carpets Share Price Target For 2024
- 1.1.1: Golden Carpets Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Golden Carpets Share Price Target For 2025
- 1.2.1: Golden Carpets Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Golden Carpets Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Golden Carpets Financial Performance
- 3.0.1: Is Golden Carpets A Good Buy For Long Term?
To predict the Golden Carpets'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
Golden Carpets Share Price Target For 2024
The line chart displays the monthly closing prices of Golden Carpets 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 Golden Carpets shares in 2024, see the table below.
Golden Carpets Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 14.71 (+3.88%) | Fibonacci Extension Level 82.00% |
| 2024 Target 2 | 14.5 (+2.4%) | Fibonacci Extension Level 50.00% |
| 2024 Target 1 | 14.32 (+1.12%) | Fibonacci Extension Level 23.60% |
| Current Price | 14.16 | Golden Carpets's share price as of 24 Dec 2024 |
| Stop Loss 1 | 14.11 (-0.36%) | Price Action: Chart |
| Stop Loss 2 | 13.9 (-1.84%) | Fibonacci Retracement Level 38.20% |
| Stop Loss 3 | 13.71 (-3.18%) | Technical Indicator: MA50 |
Short-Term Technical Outlook
Current Technical Position: Golden Carpets is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 50-day moving average at ₹13.71 serves as the nearest technical reference point.
Historical Returns: 3-month: -1.19% | 6-month: +8.92% | 1-year: +68.37%
Golden Carpets Share Price Target For 2025
The line chart displays the monthly closing prices of Golden Carpets 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 Golden Carpets shares in 2025, see the table below.
Golden Carpets Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 18.87 (+33.26%) | Fibonacci Extension Level 171.80% |
| 2025 Target 2 | 18.45 (+30.29%) | Price Action: Chart |
| 2025 Target 1 | 18.27 (+29.02%) | Fibonacci Extension Level 64.90% |
| Current Price | 14.16 | Golden Carpets's share price as of 24 Dec 2024 |
| Stop Loss 1 | 13.07 (-7.7%) | Technical Indicator: MA200 |
| Stop Loss 2 | 12.85 (-9.26%) | Price Action: 25 Nov 2024 High |
| Stop Loss 3 | 12.68 (-10.46%) | Technical Indicator: MA250 |
Long-Term Technical Outlook
52-Week Range Analysis: Golden Carpets is currently trading near its 52-week high of ₹14.33, showing strong yearly momentum.
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: +68.37% | 3-year: +100.85% | 5-year: +242.03%
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Approach 2: Machine Learning By Studying Historical Prices
Golden Carpets Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹14.16 | ||
| 2024 | ₹29.16 | +105.93% | ₹29.60 |
| 2025 | ₹19.12 | -34.43% | ₹19.41 |
| 2026 | ₹290.53 | +1,419.5% | ₹294.89 |
| 2027 | ₹113.49 | -60.93% | ₹115.19 |
| 2028 | ₹129.09 | +13.74% | ₹131.03 |
| 2029 | ₹117.40 | -9.05% | ₹489.38 |
| 2030 | ₹55.17 | -53% | ₹588.81 |
| 2031 | ₹688.23 | +1,147.47% | ₹698.55 |
| 2032 | ₹235.47 | -65.78% | ₹711.50 |
| 2033 | ₹243.28 | +3.31% | ₹787.66 |
| 2034 | ₹205.64 | -15.47% | ₹887.08 |
| 2035 | ₹91.22 | -55.64% | ₹986.51 |
| 2036 | ₹1,085.93 | +1,090.45% | ₹1,102.22 |
| 2037 | ₹357.44 | -67.08% | ₹362.80 |
| 2038 | ₹357.47 | +0% | ₹362.83 |
| 2039 | ₹282.71 | -20.91% | ₹286.95 |
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.
Golden Carpets Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 8.43 Crore | Market valuation of Golden Carpets's shares. |
| Revenue (TTM) | 85.78 Lakh | Total revenue generated by Golden Carpets over the past twelve months. |
| Net Income (TTM) | -4.76 Lakh | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -7.98% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +66.73% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-29.37% | Change in revenue compared to the previous quarter. |
Is Golden Carpets A Good Buy For Long Term?
Golden Carpets, a small-cap stock with a market capitalization of ₹8.43 crore, presents a mixed picture for long-term investment. While its past performance is impressive— boasting 54.57% YTD returns and a remarkable 217.07% return over the past three years— current financials raise concerns. A net loss of ₹4.76 lakh in the last twelve months, coupled with a significant 29.37% revenue drop last quarter, indicates potential underlying issues. Therefore, despite the historical growth, Golden Carpets is currently a not a good buy for long-term investment until its profitability improves significantly. Further investigation into the reasons behind the revenue decline 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.
