HARSHA (Small Cap) Share Target 2024, 2025 To 2039
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Harsha Engineers International Limited |
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Price: ₹492.20 | ||
| 52 Week Low: ₹360.10 52 Week High: ₹613.85 |
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| Market Capital: 4,386.5 Crore (Smallcap) | |||
| Industrials -> Tools & Accessories | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: HARSHA Share Price Target For 2024
- 1.1.1: HARSHA Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: HARSHA Share Price Target For 2025
- 1.2.1: HARSHA Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: HARSHA Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: HARSHA Brief Company Overview
- 4: HARSHA Financial Performance
- 4.0.1: Is HARSHA A Good Buy For Long Term?
To predict the HARSHA'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
HARSHA Share Price Target For 2024
The line chart displays the monthly closing prices of HARSHA 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 HARSHA shares in 2024, see the table below.
HARSHA Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 519.1 (+5.46%) | Price Action: 10 Dec 2024 Low |
| 2024 Target 2 | 511.79 (+3.98%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 505.95 (+2.79%) | Price Action: 05 Nov 2024 High |
| Current Price | 492.20 | HARSHA's share price as of 23 Dec 2024 |
| Stop Loss 1 | 489.65 (-0.52%) | Fibonacci Retracement Level 98.60% |
| Stop Loss 2 | 482.5 (-1.98%) | Price Action: 24 Oct 2024 High |
| Stop Loss 3 | 477.5 (-2.99%) | Technical Indicator: MA250 |
Short-Term Technical Outlook
Current Technical Position: HARSHA is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹503.95 serves as the nearest technical reference point.
Historical Returns: 3-month: -0.56% | 6-month: -8.6% | 1-year: +27.66%
HARSHA Share Price Target For 2025
The line chart displays the monthly closing prices of HARSHA 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 HARSHA shares in 2025, see the table below.
HARSHA Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 685.2 (+39.21%) | Price Action: Chart |
| 2025 Target 2 | 672.42 (+36.61%) | Fibonacci Extension Level 123.60% |
| 2025 Target 1 | 659.31 (+33.95%) | Fibonacci Extension Level 64.90% |
| Current Price | 492.20 | HARSHA's share price as of 23 Dec 2024 |
| Stop Loss 1 | 455.81 (-7.4%) | Price Action: Apr 2024 High |
| Stop Loss 2 | 446.88 (-9.21%) | Price Action: Nov 2022 High |
| Stop Loss 3 | 437.15 (-11.19%) | Price Action: Nov 2023 High |
Long-Term Technical Outlook
52-Week Range Analysis: HARSHA is currently trading at 52.1% of its 52-week range (₹360.1 - ₹613.85).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +27.66% | 3-year: NA | 5-year: NA
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Approach 2: Machine Learning By Studying Historical Prices
HARSHA Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹492.20 | ||
| 2024 | ₹516.96 | +5.03% | ₹524.71 |
| 2025 | ₹587.79 | +13.7% | ₹596.61 |
| 2026 | ₹676.09 | +15.02% | ₹686.23 |
| 2027 | ₹719.06 | +6.35% | ₹729.85 |
| 2028 | ₹783.76 | +8.99% | ₹795.52 |
| 2029 | ₹832.36 | +6.2% | ₹844.85 |
| 2030 | ₹907.40 | +9.01% | ₹924.77 |
| 2031 | ₹1,007.66 | +11.04% | ₹1,022.77 |
| 2032 | ₹1,040.20 | +3.22% | ₹1,055.80 |
| 2033 | ₹1,105.09 | +6.23% | ₹1,121.67 |
| 2034 | ₹1,147.76 | +3.86% | ₹1,173.44 |
| 2035 | ₹1,227.01 | +6.9% | ₹1,256.34 |
| 2036 | ₹1,339.23 | +9.14% | ₹1,359.32 |
| 2037 | ₹1,361.34 | +1.65% | ₹1,381.76 |
| 2038 | ₹1,426.43 | +4.78% | ₹1,447.83 |
| 2039 | ₹1,468.70 | +2.96% | ₹1,505.01 |
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.
HARSHA Brief Company Overview
Company Overview: Harsha Engineers International Limited Harsha Engineers International Limited is a leading manufacturer and supplier of precision bearing cages, components, and solar energy solutions in India and globally. Established in 1972, the company has a...
strong reputation in the industry for its innovative products, engineering expertise, and commitment to quality. Key Products and Services: Bearing cages (brass, steel, polyamide) Precision and complex stamped components Welded assemblies Sand and brass castings Bronze bushings Solar power project engineering, design, installation, and maintenance With a diverse product range and a commitment to excellence, Harsha Engineers International Limited continues to be a major player in the global bearing and solar industries.HARSHA Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 4,386.5 Crore | Market valuation of HARSHA's shares. |
| Revenue (TTM) | 1,387.5 Crore | Total revenue generated by HARSHA over the past twelve months. |
| Net Income (TTM) | +122.89 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +13.1% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +8.85% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-1.4% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+46.7% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
15.03 | Company's total debt divided by total shareholder equity. |
| Total Debt | 176.67 Crore | Sum of HARSHA's current & long-term financial obligations. |
| Total Cash | 317.68 Crore | Total amount of liquid funds available to HARSHA. |
| Beta | 0.24 | Beta is less than 1 indicating that the HARSHA's price is less volatile than the market. |
Is HARSHA A Good Buy For Long Term?
HARSHA, a small-cap stock with a market capitalization of ₹4,386.5 crore, shows mixed signals for long-term investment. While its ₹122.89 crore net profit (8.85% margin) on ₹1,387.5 crore revenue in the last twelve months (TTM) is positive, a 46.7% year-over-year earnings increase is tempered by a 1.4% revenue decrease quarter-over-quarter. A healthy cash balance of ₹317.68 crore offsets the ₹176.67 crore debt reported in Q1 2024-25. Past performance (24.55% 12-month return, but 0% over 3 and 5 years) is inconsistent. Therefore, it's an average buy, requiring further due diligence before a long-term commitment.
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.
