Goodluck India (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Goodluck India Limited |
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Price: ₹929.75 | ||
| 52 Week Low: ₹720.00 52 Week High: ₹1,330.00 |
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| Market Capital: 3,082.16 Crore (Smallcap) | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Goodluck India Share Price Target For 2024
- 1.1.1: Goodluck India Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Goodluck India Share Price Target For 2025
- 1.2.1: Goodluck India Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Goodluck India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Goodluck India Brief Company Overview
- 4: Goodluck India Financial Performance
- 4.0.1: Is Goodluck India A Good Buy For Long Term?
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.
Goodluck India Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 975.3 (+4.89%) | Price Action: 09 Dec 2024 Low |
| 2024 Target 2 | 964.82 (+3.77%) | Technical Indicator: MA200 |
| 2024 Target 1 | 954.2 (+2.62%) | Price Action: 31 Oct 2024 High |
| Current Price | 929.75 | Goodluck India's share price as of 20 Dec 2024 |
| Stop Loss 1 | 930.59 (+0.09%) | Price Action: 30 Oct 2024 Low |
| Stop Loss 2 | 920.59 (-0.99%) | Price Action: 21 Nov 2024 Low |
| Stop Loss 3 | 906.0 (-2.56%) | Price Action: 25 Oct 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Goodluck India is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹970.21 serves as the nearest technical reference point.
Historical Returns: 3-month: -20.27% | 6-month: +1.13% | 1-year: -0.56%
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.
Goodluck India Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1367.7 (+47.10%) | Price Action: Chart |
| 2025 Target 2 | 1342.2 (+44.36%) | Price Action: Chart |
| 2025 Target 1 | 1328.91 (+42.93%) | Fibonacci Extension Level 100.00% |
| Current Price | 929.75 | Goodluck India's share price as of 20 Dec 2024 |
| Stop Loss 1 | 846.91 (-8.91%) | Price Action: Dec 2023 Low |
| Stop Loss 2 | 837.66 (-9.91%) | Price Action: Jul 2024 Low |
| Stop Loss 3 | 822.58 (-11.53%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Goodluck India is currently trading at 34.4% of its 52-week range (₹720 - ₹1330).
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -0.56% | 3-year: +163.31% | 5-year: +1,634.61%
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Approach 2: Machine Learning By Studying Historical Prices
Goodluck India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹929.75 | ||
| 2024 | ₹1,105.82 | +18.94% | ₹1,122.41 |
| 2025 | ₹1,139.84 | +3.08% | ₹1,156.94 |
| 2026 | ₹1,252.04 | +9.84% | ₹1,285.00 |
| 2027 | ₹1,330.27 | +6.25% | ₹1,416.84 |
| 2028 | ₹1,548.68 | +16.42% | ₹1,571.91 |
| 2029 | ₹1,623.37 | +4.82% | ₹1,647.72 |
| 2030 | ₹1,627.64 | +0.26% | ₹1,680.52 |
| 2031 | ₹1,745.61 | +7.25% | ₹1,812.36 |
| 2032 | ₹1,816.36 | +4.05% | ₹1,944.20 |
| 2033 | ₹2,076.04 | +14.30% | ₹2,107.18 |
| 2034 | ₹2,140.91 | +3.12% | ₹2,173.02 |
| 2035 | ₹2,115.44 | -1.19% | ₹2,207.88 |
| 2036 | ₹2,239.18 | +5.85% | ₹2,339.72 |
| 2037 | ₹2,302.45 | +2.83% | ₹2,471.56 |
| 2038 | ₹2,603.40 | +13.07% | ₹2,642.45 |
| 2039 | ₹2,542.26 | -2.35% | ₹2,580.39 |
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.
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.Goodluck India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,082.16 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) | +1,390,499,968.00 | 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) |
+6.80% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+24.90% | 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 ₹3,082.16 crore, shows strong revenue growth (₹3,596.4 crore TTM) but a relatively low profit margin of 3.86%. While past returns are impressive (1614.80% over three years), the current YTD return is only 0.35%, and the company carries significant debt (₹612.04 crore) against a cash balance of ₹210.9 crore. Considering this mixed picture, Goodluck India is an average buy for the long term; further investigation into the reasons behind the fluctuating profitability is warranted before a stronger recommendation can be made.
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.
