Hemang Resources (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Hemang Resources Limited |
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Price: ₹31.20 | ||
| 52 Week Low: ₹26.00 52 Week High: ₹49.44 |
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| Market Capital: 37.61 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 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: Short-Term Technical Outlook
- 1.2: Hemang Resources Share Price Target For 2025
- 1.2.1: Hemang Resources Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Hemang Resources Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Hemang Resources Financial Performance
- 3.0.1: Is Hemang Resources A Good Buy For 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
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 33.1 (+6.08%) | Price Action: 02 Apr 2024 Low |
| 2024 Target 2 | 32.76 (+4.99%) | Price Action: 28 Mar 2024 High |
| 2024 Target 1 | 32.38 (+3.78%) | Price Action: 18 Jul 2024 High |
| Current Price | 31.20 | Hemang Resources's share price as of 26 Dec 2024 |
| Stop Loss 1 | 30.67 (-1.7%) | Price Action: 18 Jul 2024 Low |
| Stop Loss 2 | 30.35 (-2.73%) | Price Action: 26 Sep 2024 Low |
| Stop Loss 3 | 30.03 (-3.75%) | Price Action: 08 Aug 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Hemang Resources is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 50-day moving average at ₹29.65 serves as the nearest technical reference point.
Historical Returns: 3-month: +2.97% | 6-month: -0.64% | 1-year: -21.65%
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
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 47.29 (+51.57%) | Price Action: Chart |
| 2025 Target 2 | 46.41 (+48.74%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 45.8 (+46.79%) | Price Action: 15 Feb 2024 High |
| Current Price | 31.20 | Hemang Resources's share price as of 26 Dec 2024 |
| Stop Loss 1 | 27.65 (-11.38%) | Price Action: Apr 2022 Low |
| Stop Loss 2 | 27.37 (-12.28%) | Price Action: Chart |
| Stop Loss 3 | 26.95 (-13.63%) | Price Action: 26 Nov 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: Hemang Resources is currently trading near its 52-week low of ₹26, indicating potential value opportunity.
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: -21.65% | 3-year: +909.71% | 5-year: -94.94%
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Approach 2: Machine Learning By Studying Historical Prices
Hemang Resources Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹31.20 | ||
| 2024 | ₹25.27 | -19% | ₹28.45 |
| 2025 | ₹17.86 | -29.32% | ₹24.80 |
| 2026 | ₹36.91 | +106.66% | ₹42.86 |
| 2027 | ₹40.81 | +10.56% | ₹66.70 |
| 2028 | ₹44.51 | +9.06% | ₹68.91 |
| 2029 | ₹61.77 | +38.77% | ₹71.12 |
| 2030 | ₹117.64 | +90.44% | ₹119.40 |
| 2031 | ₹41.85 | -64.42% | ₹73.33 |
| 2032 | ₹46.13 | +10.22% | ₹75.54 |
| 2033 | ₹50.16 | +8.73% | ₹77.75 |
| 2034 | ₹69.42 | +38.39% | ₹79.96 |
| 2035 | ₹131.85 | +89.93% | ₹133.83 |
| 2036 | ₹46.79 | -64.51% | ₹82.17 |
| 2037 | ₹51.45 | +9.95% | ₹84.38 |
| 2038 | ₹55.81 | +8.47% | ₹86.59 |
| 2039 | ₹57.36 | +2.77% | ₹58.22 |
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.
Hemang Resources Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 37.61 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 ₹37.61 crore, presents a complex picture for long-term investors. 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 substantial revenue drop of -95.53% compared to the previous quarter is alarming. Further, its debt of ₹1.86 crore (Q1 2024-25) adds to the concern. Despite impressive 3-year returns (398.18%), the recent performance (-32.66% YTD) is significantly negative. Based on this data, Hemang Resources is not a good buy for the long term. Significant risks outweigh potential rewards.
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.
