Kitex Garments (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Kitex Garments Limited |
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Price: ₹797.05 | ||
| 52 Week Low: ₹177.00 52 Week High: ₹886.40 |
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| Market Capital: 4,235.71 Crore (Smallcap) | |||
| Consumer Cyclical -> Apparel Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Kitex Garments Share Price Target For 2024
- 1.1.1: Kitex Garments Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Kitex Garments Share Price Target For 2025
- 1.2.1: Kitex Garments Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Kitex Garments Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Kitex Garments Brief Company Overview
- 4: Kitex Garments Financial Performance
- 4.0.1: Is Kitex Garments A Good Buy For Long Term?
To predict the Kitex Garments'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
Kitex Garments Share Price Target For 2024
The line chart displays the monthly closing prices of Kitex Garments 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 Kitex Garments shares in 2024, see the table below.
Kitex Garments Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 850.0 (+6.64%) | Price Action: 16 Dec 2024 Low |
| 2024 Target 2 | 839.28 (+5.29%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 829.5 (+4.07%) | Price Action: 13 Dec 2024 Low |
| Current Price | 797.05 | Kitex Garments's share price as of 20 Dec 2024 |
| Stop Loss 1 | 780.0 (-2.14%) | Price Action: 10 Dec 2024 Low |
| Stop Loss 2 | 767.7 (-3.69%) | Price Action: Nov 2024 High |
| Stop Loss 3 | 757.91 (-4.92%) | Fibonacci Retracement Level 71.80% |
Short-Term Technical Outlook
Current Technical Position: Kitex Garments is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹745.66 serves as the nearest technical reference point.
Historical Returns: 3-month: +54.93% | 6-month: +282.00% | 1-year: +255.10%
Kitex Garments Share Price Target For 2025
The line chart displays the monthly closing prices of Kitex Garments 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 Kitex Garments shares in 2025, see the table below.
Kitex Garments Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1281.73 (+60.80%) | Price Action: Chart |
| 2025 Target 2 | 1257.83 (+57.81%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 1241.39 (+55.74%) | Fibonacci Extension Level 150.00% |
| Current Price | 797.05 | Kitex Garments's share price as of 20 Dec 2024 |
| Stop Loss 1 | 682.45 (-14.38%) | Price Action: 27 Nov 2024 Low |
| Stop Loss 2 | 668.75 (-16.10%) | Price Action: 25 Nov 2024 High |
| Stop Loss 3 | 656.79 (-17.60%) | Price Action: 11 Nov 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: Kitex Garments is currently trading near its 52-week high of ₹886.4, showing strong yearly momentum.
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +255.10% | 3-year: +315.84% | 5-year: +706.89%
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Approach 2: Machine Learning By Studying Historical Prices
Kitex Garments Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹797.05 | ||
| 2024 | ₹704.32 | -11.63% | ₹714.88 |
| 2025 | ₹1,384.45 | +96.57% | ₹1,405.22 |
| 2026 | ₹2,160.46 | +56.05% | ₹2,192.87 |
| 2027 | ₹2,901.80 | +34.31% | ₹2,945.33 |
| 2028 | ₹3,770.38 | +29.93% | ₹3,826.94 |
| 2029 | ₹4,162.35 | +10.40% | ₹4,224.79 |
| 2030 | ₹4,814.04 | +15.66% | ₹5,062.26 |
| 2031 | ₹5,739.27 | +19.22% | ₹5,825.36 |
| 2032 | ₹6,512.45 | +13.47% | ₹6,610.14 |
| 2033 | ₹7,526.93 | +15.58% | ₹7,639.83 |
| 2034 | ₹7,620.37 | +1.24% | ₹7,799.58 |
| 2035 | ₹8,243.62 | +8.18% | ₹8,712.02 |
| 2036 | ₹9,318.09 | +13.03% | ₹9,457.86 |
| 2037 | ₹10,123.09 | +8.64% | ₹10,274.94 |
| 2038 | ₹11,283.49 | +11.46% | ₹11,452.74 |
| 2039 | ₹10,599.96 | -6.06% | ₹11,449.34 |
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.
Kitex Garments Brief Company Overview
**Kitex Garments Ltd: A Leader in Infant Wear** Established in 1992, Kitex Garments Limited is a renowned name in the manufacture and sale of fabric and readymade garments in India. Key Products and Services: Infant wear: body suits, rompers,...
sleepsuits, tops, bibs, sleepwear, baby quilts, training pants Exports to the United States and Europe Reputation and Commitment: Kitex Garments has earned a strong reputation for its commitment to quality and innovation. The company's diverse product range caters to the evolving needs of its customers.Kitex Garments Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 4,235.71 Crore | Market valuation of Kitex Garments's shares. |
| Revenue (TTM) | 743.5 Crore | Total revenue generated by Kitex Garments over the past twelve months. |
| Net Income (TTM) | +998,548,992.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +23.44% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +13.43% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+61.20% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+181.40% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
0.78 | Company's total debt divided by total shareholder equity. |
| Total Debt | 877.74 Crore | Sum of Kitex Garments's current & long-term financial obligations. |
| Beta | 0.42 | Beta is less than 1 indicating that the Kitex Garments's price is less volatile than the market. |
Is Kitex Garments A Good Buy For Long Term?
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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.
