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Goodluck India Share Price Target 2024, 2025, 2026 to 2039 With Charts
Goodluck India Limited | |||
 | Symbol: GOODLUCK | ||
| Price: ₹938.54 | |||
| Exchange: NSE | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Goodluck India Brief Company Overview
- 1.1: Goodluck India Limited: A Leading Steel Manufacturer
- 1.2: Goodluck India Financial Performance
- 1.2.1: Is Goodluck India A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Goodluck India Share Price Target For 2024
- 2.1.1: Goodluck India Share Price Target Table For 2024
- 2.1.2: Summary: Goodluck India Share Price Prediction For 2024
- 2.2: Goodluck India Share Price Target For 2025
- 2.2.1: Goodluck India Share Price Target Table For 2025
- 2.2.2: Summary: Goodluck India Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Goodluck India Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Goodluck India Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Goodluck India Past Performance
Goodluck India Brief Company Overview
Goodluck India Limited: A Leading Steel Manufacturer
Goodluck India Limited (GIL) is a prominent manufacturer and supplier of a wide range of steel products in India and across the globe.
Established in 1986, GIL caters to various sectors, including construction, automotive, power, and defense. The company's extensive product portfolio includes:
- Galvanized sheets and coils
- Towers and hollow sections
- Pipes and tubes
- Cold drawn welded tubes
- Forged flanges
- Railway, defense, and aerospace products
- Substation structures and transmission towers
GIL boasts a strong market presence, exporting its products to over 100 countries. The company is renowned for its commitment to quality and customer satisfaction, maintaining a stellar reputation within the industry.
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Goodluck India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,215.24 Crore | Market valuation of Goodluck India's shares. |
| Revenue (TTM) | 3,596.4 Crore | Total revenue generated by Goodluck India over the past twelve months. |
| Net Income (TTM) | +139.04 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 7.57% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 3.86% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +6.8% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +24.9% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 53.18 | Company's total debt divided by total shareholder equity. |
| Total Debt | 612.04 Crore | Sum of Goodluck India's current & long-term financial obligations. |
| Total Cash | 210.9 Crore | Total amount of liquid funds available to Goodluck India. |
| Beta | 0.54 | Beta is less than 1 indicating that the Goodluck India's price is less volatile than the market. |
Is Goodluck India A Good Buy For Long Term?
Goodluck India, a small-cap stock with a market capitalization of ₹3,072.67 crore, shows mixed signals. While its impressive past 3-year and 5-year returns (1604.88% and 1300.80% respectively) are noteworthy, recent performance is less compelling (YTD -0.23%). A 3.86% profit margin and substantial debt (₹612.04 crore) against a cash balance of ₹210.9 crore raise concerns. Although revenue growth is positive (6.8% QoQ), the relatively low net profit of ₹139.04 crore on ₹3,596.4 crore in revenue warrants caution. Therefore, a long-term investment requires further in-depth analysis before classifying it as a good buy. It's currently rated as an average buy, requiring more due diligence.
To predict the Goodluck India'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
Goodluck India Share Price Target For 2024
The line chart displays the monthly closing prices of Goodluck India 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 Goodluck India shares in 2024, see the table below.
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Goodluck India Share Price Target Table For 2024
| Goodluck India's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 966.40 (+2.96%) | Price Action: 04 Nov 2024 High |
| 2024 Target 2 | 955.00 (+1.75%) | Price Action: 05 Nov 2024 High |
| 2024 Target 1 | 944.80 (+0.66%) | Price Action: Jan 2024 Low |
| Current Price | 938.54 | Goodluck India's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 936.00 (-0.28%) | Price Action: 05 Nov 2024 Low |
| Stop Loss 2 | 926.50 (-1.29%) | Price Action: 24 Oct 2024 Low |
| Stop Loss 3 | 914.04 (-2.62%) | Fibonacci Retracement Extended 28.2% |
Summary: Goodluck India Share Price Prediction For 2024
In summary, Goodluck India has declined by ₹-2.11, recording a notable -0.22% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Goodluck India for 2024 predicts an additional rise of 0.66% to 2.96% by the end of 2024 with three potential targets T1: 944.80, T2: 955.00, T3: 966.40. Stop Loss at SL1: 936.00, SL2: 926.50, SL3: 914.04.
Goodluck India has a 52-week high of ₹1330.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹720.00, 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 Goodluck India.
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Goodluck India Share Price Target For 2025
The line chart displays the monthly closing prices of Goodluck India 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 Goodluck India shares in 2025, see the table below.
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Goodluck India Share Price Target Table For 2025
| Goodluck India's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1232.45 (+31.31%) | Price Action: Chart |
| 2025 Target 2 | 1209.47 (+28.86%) | Custom Fibonacci Extension Lvl 64.9% |
| 2025 Target 1 | 1192.00 (+27%) | Fibonacci Extension Level 100% |
| Current Price | 938.54 | Goodluck India's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 856.09 (-8.79%) | Price Action: May 2024 Low |
| Stop Loss 2 | 847.53 (-9.7%) | Price Action: Chart |
| Stop Loss 3 | 832.27 (-11.33%) | Price Action: Chart |
Summary: Goodluck India Share Price Prediction For 2025
In summary, Goodluck India has declined by ₹-2.11, recording a notable -0.22% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Goodluck India for 2025 predicts an additional rise of 27% to 31.31% by the end of 2025 with three potential targets T1: 1192.00, T2: 1209.47, T3: 1232.45. Stop Loss at SL1: 856.09, SL2: 847.53, SL3: 832.27.
Goodluck India has a All-Time high of ₹1330.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹720.00, 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 Goodluck India, we have created a specific page for that check here: Goodluck India Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Goodluck India Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Goodluck India share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 5.91% over the next 15 years.
For complete year by year Goodluck India long term share price target from 2024, 2025 to 2039 check the below table.
Goodluck India Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Goodluck India Target | YoY Change % |
|---|---|---|
| 2024 | ₹938.54 | [Current Price] |
| 2024 | ₹1,102.79 | 17.5% |
| 2025 | ₹1,132.08 | 2.65% |
| 2026 | ₹1,239.26 | 9.46% |
| 2027 | ₹1,312.82 | 5.93% |
| 2028 | ₹1,524.46 | 16.12% |
| 2029 | ₹1,594.42 | 4.58% |
| 2030 | ₹1,595.47 | 0.06% |
| 2031 | ₹1,708.11 | 7.05% |
| 2032 | ₹1,774.57 | 3.89% |
| 2033 | ₹2,025.41 | 14.13% |
| 2034 | ₹2,086.05 | 2.99% |
| 2035 | ₹2,058.84 | -1.31% |
| 2036 | ₹2,176.96 | 5.73% |
| 2037 | ₹2,236.32 | 2.72% |
| 2038 | ₹2,526.37 | 12.96% |
| 2039 | ₹2,465.17 | -2.43% |
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Goodluck India Past Performance
- In 2008, Goodluck India opening price was ₹11.43
- As of Thu 14 Nov 2024 the price stands at ₹938.54.
- This represents a Compound Annual Growth Rate (CAGR) of 29.6%.
- In 16 years, an investment of 10,000 would have become ₹8.21 Lakh.
As we wrap up, we hope you like our study on Goodluck India 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.
- Goodluck India Share Price History
- Goodluck India Price Target Tomorrow
- Goodluck India Dividend History
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.
