Kanani Industries (Small Cap) Share Target 2024, 2025 To 2039
|
Kanani Industries Limited |
|||
|
Price: ₹2.76 | ||
| 52 Week Low: ₹2.50 52 Week High: ₹7.55 |
|||
| Market Capital: 51.43 Crore (Smallcap) | |||
| Consumer Cyclical -> Luxury Goods | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Kanani Industries Share Price Target For 2024
- 1.1.1: Kanani Industries Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Kanani Industries Share Price Target For 2025
- 1.2.1: Kanani Industries Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Kanani Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Kanani Industries Brief Company Overview
- 4: Kanani Industries Financial Performance
- 4.0.1: Is Kanani Industries A Good Buy For Long Term?
To predict the Kanani Industries'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
Kanani Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Kanani Industries 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 Kanani Industries shares in 2024, see the table below.
Kanani Industries Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 2.85 (+3.26%) | Price Action: 31 Oct 2024 Low |
| 2024 Target 2 | 2.82 (+2.17%) | Price Action: Apr 2019 High |
| 2024 Target 1 | 2.79 (+1.08%) | Price Action: 16 Dec 2024 Low |
| Current Price | 2.76 | Kanani Industries's share price as of 20 Dec 2024 |
| Stop Loss 1 | 2.74 (-0.73%) | Price Action: 23 Oct 2024 High |
| Stop Loss 2 | 2.7 (-2.18%) | Price Action: Jun 2024 Low |
| Stop Loss 3 | 2.67 (-3.27%) | Fibonacci Retracement Level 28.20% |
Short-Term Technical Outlook
Current Technical Position: Kanani Industries is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹2.8 serves as the nearest technical reference point.
Historical Returns: 3-month: -1.78% | 6-month: +0.36% | 1-year: -25.81%
Kanani Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Kanani Industries 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 Kanani Industries shares in 2025, see the table below.
Kanani Industries Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 6.22 (+125.36%) | Price Action: Chart |
| 2025 Target 2 | 6.1 (+121.01%) | Price Action: Chart |
| 2025 Target 1 | 6.04 (+118.84%) | Fibonacci Extension Level 64.90% |
| Current Price | 2.76 | Kanani Industries's share price as of 20 Dec 2024 |
| Stop Loss 1 | 1.96 (-28.99%) | Price Action: Chart |
| Stop Loss 2 | 1.94 (-29.72%) | Price Action: Chart |
| Stop Loss 3 | 1.91 (-30.80%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Kanani Industries is currently trading near its 52-week low of ₹2.5, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -25.81% | 3-year: -70.32% | 5-year: +15.00%
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Kanani Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹2.76 | ||
| 2024 | ₹1.69 | -38.77% | ₹1.72 |
| 2025 | ₹4.70 | +178.11% | ₹5.25 |
| 2026 | ₹16.51 | +251.28% | ₹16.76 |
| 2027 | ₹21.54 | +30.47% | ₹21.86 |
| 2028 | ₹21.54 | 0.00% | ₹21.86 |
| 2029 | ₹20.93 | -2.83% | ₹25.16 |
| 2030 | ₹27.01 | +29.05% | ₹28.76 |
| 2031 | ₹29.04 | +7.52% | ₹32.35 |
| 2032 | ₹35.73 | +23.04% | ₹36.27 |
| 2033 | ₹34.08 | -4.62% | ₹34.59 |
| 2034 | ₹31.84 | -6.57% | ₹39.54 |
| 2035 | ₹39.76 | +24.87% | ₹43.13 |
| 2036 | ₹41.57 | +4.55% | ₹46.72 |
| 2037 | ₹49.93 | +20.11% | ₹50.68 |
| 2038 | ₹46.62 | -6.63% | ₹47.32 |
| 2039 | ₹47.40 | +1.67% | ₹48.11 |
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.
Kanani Industries Brief Company Overview
Kanani Industries Limited Kanani Industries Limited, a renowned name in the Indian jewelry industry, manufactures and exports exquisitely crafted diamond studded jewelry. Incorporated in 1983, the company has grown from its roots as IMP Finance Limited to become a...
respected player in the Mumbai-based jewelry market. Key Products and Services: Delicate diamond necklaces, earrings, bracelets, and rings Reputation: Renowned for exceptional craftsmanship and adherence to quality standards Diverse Product Range: Cater to a wide range of tastes and budgets Commitment: Dedicated to delivering unparalleled customer satisfactionKanani Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 51.43 Crore | Market valuation of Kanani Industries's shares. |
| Revenue (TTM) | 189.27 Crore | Total revenue generated by Kanani Industries over the past twelve months. |
| Net Income (TTM) | +2,646,000.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -0.17% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +0.13% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-27.90% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-84.90% | Change in earnings compared to the same quarter last year. |
| Total Cash | 1.72 Crore | Total amount of liquid funds available to Kanani Industries. |
| Beta | 0.41 | Beta is less than 1 indicating that the Kanani Industries's price is less volatile than the market. |
Is Kanani Industries A Good Buy For Long Term?
No valid response content found
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.
