IBRIGST (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Indian Bright Steel Company Limited |
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Price: ₹164.50 | ||
| 52 Week Low: ₹24.22 52 Week High: ₹212.75 |
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| Market Capital: 15.39 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: IBRIGST Share Price Target For 2024
- 1.1.1: IBRIGST Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: IBRIGST Share Price Target For 2025
- 1.2.1: IBRIGST Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: IBRIGST Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: IBRIGST Financial Performance
- 3.0.1: Is IBRIGST A Good Buy For Long Term?
To predict the IBRIGST'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
IBRIGST Share Price Target For 2024
The line chart displays the monthly closing prices of IBRIGST 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 IBRIGST shares in 2024, see the table below.
IBRIGST Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 170.0 (+3.34%) | Price Action: Aug 2024 Low |
| 2024 Target 2 | 168.0 (+2.12%) | Price Action: 18 Nov 2024 High |
| 2024 Target 1 | 166.0 (+0.91%) | Fibonacci Extension Level 100.00% |
| Current Price | 164.50 | IBRIGST's share price as of 22 Nov 2024 |
| Stop Loss 1 | 163.75 (-0.46%) | Price Action: 23 Oct 2024 High |
| Stop Loss 2 | 161.34 (-1.93%) | Fibonacci Retracement Level 50.00% |
| Stop Loss 3 | 159.6 (-2.98%) | Price Action: 19 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: IBRIGST is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹169.31 serves as the nearest technical reference point.
Historical Returns: 3-month: +0.8% | 6-month: +4.24% | 1-year: +591.16%
IBRIGST Share Price Target For 2025
The line chart displays the monthly closing prices of IBRIGST 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 IBRIGST shares in 2025, see the table below.
IBRIGST Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 290.29 (+76.45%) | Price Action: Chart |
| 2025 Target 2 | 284.88 (+73.17%) | Fibonacci Extension Level 150.00% |
| 2025 Target 1 | 279.54 (+69.93%) | Fibonacci Extension Level 64.90% |
| Current Price | 164.50 | IBRIGST's share price as of 22 Nov 2024 |
| Stop Loss 1 | 128.54 (-21.87%) | Fibonacci Retracement Level 38.20% |
| Stop Loss 2 | 127.25 (-22.65%) | Price Action: Chart |
| Stop Loss 3 | 124.96 (-24.04%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: IBRIGST is currently trading at 74.4% of its 52-week range (₹24.22 - ₹212.75).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +591.16% | 3-year: +683.33% | 5-year: +784.4%
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Approach 2: Machine Learning By Studying Historical Prices
IBRIGST Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹164.50 | ||
| 2024 | ₹216.98 | +31.9% | ₹220.23 |
| 2025 | ₹288.21 | +32.82% | ₹308.65 |
| 2026 | ₹415.63 | +44.21% | ₹448.51 |
| 2027 | ₹512.41 | +23.28% | ₹573.34 |
| 2028 | ₹718.84 | +40.28% | ₹729.62 |
| 2029 | ₹715.70 | -0.43% | ₹728.22 |
| 2030 | ₹742.05 | +3.68% | ₹868.08 |
| 2031 | ₹913.35 | +23.08% | ₹976.80 |
| 2032 | ₹1,007.46 | +10.3% | ₹1,022.57 |
| 2033 | ₹1,300.88 | +29.12% | ₹1,320.39 |
| 2034 | ₹1,214.43 | -6.64% | ₹1,287.65 |
| 2035 | ₹1,195.89 | -1.52% | ₹1,446.38 |
| 2036 | ₹1,411.07 | +17.99% | ₹1,591.89 |
| 2037 | ₹1,502.51 | +6.48% | ₹1,737.40 |
| 2038 | ₹1,882.91 | +25.31% | ₹1,911.15 |
| 2039 | ₹1,705.82 | -9.4% | ₹1,847.07 |
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.
IBRIGST Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 15.39 Crore | Market valuation of IBRIGST's shares. |
| Net Income (TTM) | -1.21 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
Is IBRIGST A Good Buy For Long Term?
IBRIGST, a small-cap stock with a market capitalization of ₹15.39 crore, shows explosive growth over the past year and five years, boasting returns of 592.81% and 786.50% respectively. While YTD returns are a strong 182.97%, the past three-month return of only 1.04% suggests recent slowdown. Its small size and significant volatility make it a high-risk, high-reward proposition. For long-term investors with a high-risk tolerance, it might be considered an average buy, but thorough due diligence is crucial before investing.
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.
