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HLE Glascoat Share Price Target 2024, 2025, 2026 to 2039 With Charts

HLE Glascoat Limited

Company LogoSymbol: HLEGLAS
Price: ₹516
Exchange: NSE
Industrials -> Specialty Industrial Machinery
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HLE Glascoat Brief Company Overview

HLE Glascoat Limited: A Trusted Name in Glass Lined Equipment

Established in 1981, HLE Glascoat Limited is a leading manufacturer and supplier of high-quality carbon steel glass lined equipment.

Headquartered in Anand, India, the company operates globally, catering to diverse industries including pharmaceuticals, chemicals, food processing, and aerospace. HLE Glascoat has earned a reputation for excellence in the industry.

The company's diverse product range includes:

  • Glass lined reactors and receivers
  • High-performance agitators and heat exchangers
  • Pipes, fittings, and valves

HLE Glascoat is committed to providing innovative and reliable solutions to its customers. The company's products are known for their durability, corrosion resistance, and compliance with industry standards.


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HLE Glascoat Financial Performance

MetricValueDescription
Market Capital3,289.02 CroreMarket valuation of HLE Glascoat's shares.
Revenue (TTM)967.92 CroreTotal revenue generated by HLE Glascoat over the past twelve months.
Net Income (TTM)+29.68 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin9.62%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin3.06%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+2.7%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-56.4%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
78.44Company's total debt divided by total shareholder equity.
Total Debt389.61 CroreSum of HLE Glascoat's current & long-term financial obligations.
Total Cash45.46 CroreTotal amount of liquid funds available to HLE Glascoat.
Beta0.69Beta is less than 1 indicating that the HLE Glascoat's price is less volatile than the market.

Is HLE Glascoat A Good Buy For Long Term?

HLE Glascoat's recent performance is concerning. While it boasts a strong five-year return of 1157.80%, its current trajectory is worrisome. The company's Q4-2023-24 report shows a significant decline in earnings (-56.4%) compared to the same quarter last year, coupled with a modest revenue increase of 2.7%. Additionally, the debt burden of 389.61 Crore against a cash balance of 45.46 Crore raises red flags. Based on these indicators, HLE Glascoat is not a good buy for the long term.

To predict the HLE Glascoat'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

HLE Glascoat Share Price Target For 2024

 HLE Glascoat Targets For 2024 Chart

The line chart displays the monthly closing prices of HLE Glascoat 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 HLE Glascoat shares in 2024, see the table below.

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HLE Glascoat Share Price Target Table For 2024

HLE Glascoat's LevelsValueReason/Importance
2024 Target 3567.00 (+9.88%)Price Action: Aug 2023 Low
2024 Target 2553.20 (+7.2%)Price Action: Dec 2023 High
2024 Target 1542.64 (+5.16%)Custom Fibonacci Extension Lvl 23.6%
Current Price516.00 HLE Glascoat's 1 share price as of Mon 01 Jul 2024
Stop Loss 1506.00 (-1.94%)Price Action: May 2021 Low
Stop Loss 2496.50 (-3.78%)Price Action: 24 Jun 2024 High
Stop Loss 3489.89 (-5.07%)Price Action: 25 Jun 2024 High

Summary: HLE Glascoat Share Price Prediction For 2024

In summary, HLE Glascoat has declined by ₹-23.90, recording a notable -4.43% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of HLE Glascoat for 2024 predicts an additional rise of 5.16% to 9.88% by the end of 2024 with three potential targets T1: 542.64, T2: 553.20, T3: 567.00. Stop Loss at SL1: 506.00, SL2: 496.50, SL3: 489.89.

HLE Glascoat has a 52-week high of ₹694.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹400.00, 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 HLE Glascoat.

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HLE Glascoat Share Price Target For 2025

 HLE Glascoat Targets For 2025 Chart

The line chart displays the monthly closing prices of HLE Glascoat 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 HLE Glascoat shares in 2025, see the table below.

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HLE Glascoat Share Price Target Table For 2025

HLE Glascoat's LevelsValueReason/Importance
2025 Target 3719.87 (+39.5%)Price Action: Chart
2025 Target 2706.45 (+36.9%)Custom Fibonacci Extension Lvl 64.9%
2025 Target 1698.40 (+35.34%)Fibonacci Extension Level 100%
Current Price516.00 HLE Glascoat's 1 share price as of Mon 01 Jul 2024
Stop Loss 1472.00 (-8.53%)Price Action: Jun 2024 Low
Stop Loss 2465.00 (-9.89%)Price Action: Mar 2023 Low
Stop Loss 3458.00 (-11.25%)Price Action: Apr 2024 High

Summary: HLE Glascoat Share Price Prediction For 2025

In summary, HLE Glascoat has declined by ₹-23.90, recording a notable -4.43% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of HLE Glascoat for 2025 predicts an additional rise of 35.34% to 39.5% by the end of 2025 with three potential targets T1: 698.40, T2: 706.45, T3: 719.87. Stop Loss at SL1: 472.00, SL2: 465.00, SL3: 458.00.

HLE Glascoat has a All-Time high of ₹7550.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹400.00, 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 HLE Glascoat, we have created a specific page for that check here: HLE Glascoat Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

HLE Glascoat Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

 HLE Glascoat Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of HLE Glascoat share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 2.04% over the next 15 years.

For complete year by year HLE Glascoat long term share price target from 2024, 2025 to 2039 check the below table.

HLE Glascoat Share Price Target Table From 2024, 2025, 2026 to 2039

Year HLE Glascoat TargetYoY Change %
2024₹516[Current Price]
2024₹345.44-33.06%
2025₹365.995.94%
2026₹330.89-9.6%
2027₹448.1735.44%
2028₹359.29-19.84%
2029₹351.23-2.25%
2030₹354.730.99%
2031₹403.8313.84%
2032₹375.55-7.01%
2033₹447.2619.09%
2034₹470.465.18%
2035₹459.83-2.26%
2036₹492.767.16%
2037₹479.31-2.73%
2038₹409.89-14.49%
2039₹458.4811.85%

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HLE Glascoat Past Performance

HLEGLAS main
HLE Glascoat has been listed on NSE for more than 29 years.
  • In 1995, HLE Glascoat opening price was ₹4
  • As of Mon 01 Jul 2024 the price stands at ₹516.
  • This represents a Compound Annual Growth Rate (CAGR) of 17.59%.
  • In 29 years, an investment of 10,000 would have become ₹12.9 Lakh.

As we wrap up, we hope you like our study on HLE Glascoat 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.

For more insights into HLE Glascoat Limited, explore these additional resources:-

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.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter