Greenlam Industries (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Greenlam Industries Limited |
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Price: ₹547.30 | ||
| 52 Week Low: ₹431.00 52 Week High: ₹662.00 |
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| Market Capital: 6,530.5 Crore (Midcap) | |||
| Consumer Cyclical -> Furnishings, Fixtures & Appliances | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Greenlam Industries Share Price Target For 2024
- 1.1.1: Greenlam Industries Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Greenlam Industries Share Price Target For 2025
- 1.2.1: Greenlam Industries Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Greenlam Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Greenlam Industries Brief Company Overview
- 4: Greenlam Industries Financial Performance
- 4.0.1: Is Greenlam Industries A Good Buy For Long Term?
To predict the Greenlam Industries'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
Greenlam Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Greenlam Industries 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 Greenlam Industries shares in 2024, see the table below.
Greenlam Industries Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 571.9 (+4.49%) | Price Action: 20 Dec 2024 High |
| 2024 Target 2 | 565.35 (+3.29%) | Price Action: 03 Dec 2024 Low |
| 2024 Target 1 | 559.2 (+2.17%) | Price Action: 07 Nov 2024 Low |
| Current Price | 547.30 | Greenlam Industries's share price as of 23 Dec 2024 |
| Stop Loss 1 | 543.05 (-0.78%) | Price Action: Dec 2024 Low |
| Stop Loss 2 | 535.25 (-2.21%) | Price Action: 30 Oct 2024 High |
| Stop Loss 3 | 528.57 (-3.43%) | Price Action: Dec 2023 Low |
Short-Term Technical Outlook
Current Technical Position: Greenlam Industries is showing mixed momentum signals near key moving averages.
Key Technical Level: The 50-day moving average at ₹545.79 serves as the nearest technical reference point.
Historical Returns: 3-month: +8.67% | 6-month: -9.26% | 1-year: +3.41%
Greenlam Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Greenlam Industries 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 Greenlam Industries shares in 2025, see the table below.
Greenlam Industries Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 728.17 (+33.04%) | Price Action: Chart |
| 2025 Target 2 | 714.59 (+30.56%) | Fibonacci Extension Level 123.60% |
| 2025 Target 1 | 697.72 (+27.48%) | Fibonacci Extension Level 64.90% |
| Current Price | 547.30 | Greenlam Industries's share price as of 23 Dec 2024 |
| Stop Loss 1 | 513.54 (-6.17%) | Price Action: 14 Nov 2024 Low |
| Stop Loss 2 | 508.04 (-7.18%) | Price Action: 25 Nov 2024 Low |
| Stop Loss 3 | 502.89 (-8.11%) | Price Action: Jun 2023 High |
Long-Term Technical Outlook
52-Week Range Analysis: Greenlam Industries is currently trading at 50.3% of its 52-week range (₹431 - ₹662).
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: +3.41% | 3-year: +56.2% | 5-year: +210.69%
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Approach 2: Machine Learning By Studying Historical Prices
Greenlam Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹547.30 | ||
| 2024 | ₹551.27 | +0.72% | ₹559.54 |
| 2025 | ₹561.84 | +1.91% | ₹570.27 |
| 2026 | ₹564.26 | +0.43% | ₹582.16 |
| 2027 | ₹600.97 | +6.5% | ₹609.98 |
| 2028 | ₹597.08 | -0.64% | ₹637.27 |
| 2029 | ₹661.21 | +10.74% | ₹671.13 |
| 2030 | ₹669.59 | +1.26% | ₹679.63 |
| 2031 | ₹668.47 | -0.16% | ₹692.39 |
| 2032 | ₹708.01 | +5.91% | ₹719.94 |
| 2033 | ₹699.77 | -1.16% | ₹747.50 |
| 2034 | ₹771.14 | +10.19% | ₹782.71 |
| 2035 | ₹777.33 | +0.8% | ₹788.99 |
| 2036 | ₹772.68 | -0.59% | ₹802.62 |
| 2037 | ₹815.05 | +5.48% | ₹830.17 |
| 2038 | ₹802.46 | -1.54% | ₹857.73 |
| 2039 | ₹829.45 | +3.36% | ₹865.50 |
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.
Greenlam Industries Brief Company Overview
Introducing Greenlam Industries Limited: A Leading Manufacturer of Laminates and Allied Products Established in 1993, Greenlam Industries Limited is a prominent manufacturer of laminates, decorative veneers, and allied products. Headquartered in New Delhi, India, the...
company has a strong presence both domestically and internationally. Greenlam's diverse product range includes laminates for various applications, decorative veneers, engineered wood flooring, engineered doors, and door frames. The company's commitment to innovation and quality has earned it a strong reputation in the industry. Greenlam's products are marketed under established brand names such as Greenlam Laminates, New Mika, and Mikasa Floors. The company serves a wide range of sectors, including institutions, hospitality, healthcare, and retail. With a network of distributors, dealers, and retailers, Greenlam ensures the availability of its products to customers across the globe.Greenlam Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 6,530.5 Crore | Market valuation of Greenlam Industries's shares. |
| Revenue (TTM) | 2,472.98 Crore | Total revenue generated by Greenlam Industries over the past twelve months. |
| Net Income (TTM) | +121.15 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +8.02% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +4.88% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+12.8% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-16.61% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
111.06 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,234.89 Crore | Sum of Greenlam Industries's current & long-term financial obligations. |
| Total Cash | 131.36 Crore | Total amount of liquid funds available to Greenlam Industries. |
| Beta | 0.83 | Beta is less than 1 indicating that the Greenlam Industries's price is less volatile than the market. |
Is Greenlam Industries A Good Buy For Long Term?
Greenlam Industries, a mid-cap stock with a market capitalization of ₹6,530.5 crore, presents a mixed picture for long-term investors. While its past 3-year and 5-year returns are impressive (226.22% and 176.37% respectively), recent performance is concerning, showing negative returns over the past 3, 6, and YTD periods. The significant debt of ₹1,234.89 crore (Q2 2024-25) against a cash balance of ₹131.36 crore is a major factor. A 4.89% profit margin and a -16.61% year-on-year earnings decline in Q2 2024-25 raise further concerns. Therefore, it's currently not a good buy for long-term investment. More thorough due diligence is recommended.
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.
