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Hemang Resources Share Price Target 2024, 2025, 2026 to 2039 With Charts
Hemang Resources Limited | |||
 | Symbol: HEMANG | ||
| Price: ₹27.6 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Hemang Resources Financial Performance
- 0.1.1: Is Hemang Resources A Good Buy For Long Term?
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Hemang Resources Share Price Target For 2024
- 1.1.1: Hemang Resources Share Price Target Table For 2024
- 1.1.2: Summary: Hemang Resources Share Price Prediction For 2024
- 1.2: Hemang Resources Share Price Target For 2025
- 1.2.1: Hemang Resources Share Price Target Table For 2025
- 1.2.2: Summary: Hemang Resources Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Hemang Resources Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Hemang Resources Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Hemang Resources Past Performance
Hemang Resources Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 38.71 Crore | Market valuation of Hemang Resources's shares. |
| Revenue (TTM) | 37.12 Crore | Total revenue generated by Hemang Resources over the past twelve months. |
| Net Income (TTM) | -1.08 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -8.74% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -28.55% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -95.53% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | 0.07 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1.86 Crore | Sum of Hemang Resources's current & long-term financial obligations. |
Is Hemang Resources A Good Buy For Long Term?
Hemang Resources, a small-cap stock with a market capitalization of ₹39.33 crore, presents a mixed picture. While it generated ₹37.12 crore in revenue (TTM), it incurred a net loss of ₹1.08 crore, resulting in a negative profit margin of -28.55%. The company's debt stands at ₹1.86 crore (Q1 2024-25). Significant revenue decline (-95.53% QoQ) and poor performance over the past year (-28.42% TTM return) raise serious concerns. Although past three-year returns were positive (429.58%), the five-year return of -96.67% reveals significant volatility. Based on this, Hemang Resources is not a good buy for the long term.
To predict the Hemang Resources'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
Hemang Resources Share Price Target For 2024
The line chart displays the monthly closing prices of Hemang Resources 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 Hemang Resources shares in 2024, see the table below.
Hemang Resources Share Price Target Table For 2024
| Hemang Resources's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 28.49 (+3.22%) | Price Action: 19 Nov 2024 Low |
| 2024 Target 2 | 28.11 (+1.84%) | Price Action: 28 Oct 2024 Low |
| 2024 Target 1 | 27.81 (+0.76%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 27.60 | Hemang Resources's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 27.53 (-0.26%) | Price Action: Chart |
| Stop Loss 2 | 27.24 (-1.31%) | Fibonacci Retracement Extended 40% |
| Stop Loss 3 | 26.90 (-2.54%) | Price Action: 18 Nov 2024 Low |
Summary: Hemang Resources Share Price Prediction For 2024
In summary, Hemang Resources has declined by ₹-12.22, recording a notable -30.69% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Hemang Resources for 2024 predicts an additional rise of 0.76% to 3.22% by the end of 2024 with three potential targets T1: 27.81, T2: 28.11, T3: 28.49. Stop Loss at SL1: 27.53, SL2: 27.24, SL3: 26.90.
Hemang Resources has a 52-week high of ₹49.44, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹26.90, 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 Hemang Resources.
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Hemang Resources Share Price Target For 2025
The line chart displays the monthly closing prices of Hemang Resources 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 Hemang Resources shares in 2025, see the table below.
Hemang Resources Share Price Target Table For 2025
| Hemang Resources's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 42.99 (+55.76%) | Price Action: Chart |
| 2025 Target 2 | 42.19 (+52.86%) | Price Action: Chart |
| 2025 Target 1 | 41.77 (+51.34%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 27.60 | Hemang Resources's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 24.15 (-12.51%) | Price Action: Chart |
| Stop Loss 2 | 23.91 (-13.37%) | Price Action: Chart |
| Stop Loss 3 | 23.48 (-14.93%) | Price Action: Chart |
Summary: Hemang Resources Share Price Prediction For 2025
In summary, Hemang Resources has declined by ₹-12.22, recording a notable -30.69% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Hemang Resources for 2025 predicts an additional rise of 51.34% to 55.76% by the end of 2025 with three potential targets T1: 41.77, T2: 42.19, T3: 42.99. Stop Loss at SL1: 24.15, SL2: 23.91, SL3: 23.48.
Hemang Resources has a All-Time high of ₹6372.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹26.90, 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 Hemang Resources, we have created a specific page for that check here: Hemang Resources Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Hemang Resources Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Hemang Resources share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 12.91% over the next 15 years.
For complete year by year Hemang Resources long term share price target from 2024, 2025 to 2039 check the below table.
Hemang Resources Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Hemang Resources Target | YoY Change % |
|---|---|---|
| 2024 | ₹27.6 | [Current Price] |
| 2024 | ₹26.03 | -5.69% |
| 2025 | ₹20.32 | -21.9% |
| 2026 | ₹36.9 | 81.55% |
| 2027 | ₹40.81 | 10.56% |
| 2028 | ₹44.51 | 9.06% |
| 2029 | ₹61.77 | 38.77% |
| 2030 | ₹117.64 | 90.44% |
| 2031 | ₹41.85 | -64.43% |
| 2032 | ₹46.13 | 10.22% |
| 2033 | ₹50.16 | 8.73% |
| 2034 | ₹69.42 | 38.39% |
| 2035 | ₹131.85 | 89.93% |
| 2036 | ₹46.79 | -64.52% |
| 2037 | ₹51.45 | 9.95% |
| 2038 | ₹55.81 | 8.47% |
| 2039 | ₹142.51 | 155.34% |
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Hemang Resources Past Performance
- In 2002, Hemang Resources opening price was ₹11.25
- As of Thu 21 Nov 2024 the price stands at ₹27.6.
- This represents a Compound Annual Growth Rate (CAGR) of 3.98%.
- In 22 years, an investment of 10,000 would have become ₹24,533.33.
As we wrap up, we hope you like our study on Hemang Resources 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.
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.
