Home / Share Price Target / Kitex
Kitex Garments Share Price Target 2024, 2025, 2026 to 2039 With Charts
Kitex Garments Limited | |||
 | Symbol: KITEX | ||
| Price: ₹213.17 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Apparel Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Kitex Garments Brief Company Overview
- 1.1: **Kitex Garments Ltd: A Leader in Infant Wear**
- 1.2: Kitex Garments Financial Performance
- 1.2.1: Is Kitex Garments A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Kitex Garments Share Price Target For 2024
- 2.1.1: Kitex Garments Share Price Target Table For 2024
- 2.1.2: Summary: Kitex Garments Share Price Prediction For 2024
- 2.2: Kitex Garments Share Price Target For 2025
- 2.2.1: Kitex Garments Share Price Target Table For 2025
- 2.2.2: Summary: Kitex Garments Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Kitex Garments Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Kitex Garments Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Kitex Garments Past Performance
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.
Advertisement
Kitex Garments Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,420.1 Crore | Market valuation of Kitex Garments's shares. |
| Revenue (TTM) | 616.92 Crore | Total revenue generated by Kitex Garments over the past twelve months. |
| Net Income (TTM) | +56.33 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 17% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 9.13% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +77.1% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +499.1% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 65.99 | Company's total debt divided by total shareholder equity. |
| Total Debt | 681.19 Crore | Sum of Kitex Garments's current & long-term financial obligations. |
| Total Cash | 69.23 Crore | Total amount of liquid funds available to Kitex Garments. |
| Beta | 0.25 | 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?
Kitex Garments, a small-cap stock with a market capitalization of 1,392.11 Crore, boasts impressive revenue growth, registering a 77.1% increase in the last quarter. While its profit margin of 9.13% is healthy, the company's significant debt burden of 681.19 Crore raises concerns. Though past performance shows promising returns of 89.87% over three years and 88.59% over five years, the recent quarter-on-quarter earnings surge of 499.1% could be a red flag. This volatility, coupled with the debt, makes Kitex Garments a risky proposition for long-term investors.
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.
Advertisement
Kitex Garments Share Price Target Table For 2024
| Kitex Garments's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 232.14 (+8.89%) | Price Action: Sep 2014 Low |
| 2024 Target 2 | 227.75 (+6.83%) | Price Action: Apr 2018 Low |
| 2024 Target 1 | 224.45 (+5.29%) | Price Action: Jul 2021 High |
| Current Price | 213.17 | Kitex Garments's 1 share price as of Mon 01 Jul 2024 |
| Stop Loss 1 | 208.31 (-2.28%) | Price Action: Jul 2024 Low |
| Stop Loss 2 | 206.20 (-3.27%) | Price Action: Sep 2017 Low |
| Stop Loss 3 | 204.06 (-4.28%) | Price Action: 19 Jun 2024 Low |
Summary: Kitex Garments Share Price Prediction For 2024
In summary, Kitex Garments has declined by ₹-12.03, recording a notable -5.34% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of Kitex Garments for 2024 predicts an additional rise of 5.29% to 8.89% by the end of 2024 with three potential targets T1: 224.45, T2: 227.75, T3: 232.14. Stop Loss at SL1: 208.31, SL2: 206.20, SL3: 204.06.
Kitex Garments has a 52-week high of ₹287.60, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹173.60, 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 Kitex Garments.
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.
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.
Advertisement
Kitex Garments Share Price Target Table For 2025
| Kitex Garments's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 323.38 (+51.7%) | Fibonacci Extension Level 123.6% |
| 2025 Target 2 | 314.68 (+47.61%) | Price Action: Chart |
| 2025 Target 1 | 311.56 (+46.15%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 213.17 | Kitex Garments's 1 share price as of Mon 01 Jul 2024 |
| Stop Loss 1 | 189.25 (-11.23%) | Price Action: Nov 2022 Low |
| Stop Loss 2 | 186.55 (-12.49%) | Price Action: 05 Jun 2024 Low |
| Stop Loss 3 | 183.50 (-13.92%) | Price Action: Feb 2023 High |
Summary: Kitex Garments Share Price Prediction For 2025
In summary, Kitex Garments has declined by ₹-12.03, recording a notable -5.34% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of Kitex Garments for 2025 predicts an additional rise of 46.15% to 51.7% by the end of 2025 with three potential targets T1: 311.56, T2: 314.68, T3: 323.38. Stop Loss at SL1: 189.25, SL2: 186.55, SL3: 183.50.
Kitex Garments has a All-Time high of ₹767.14, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹173.60, 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 Kitex Garments, we have created a specific page for that check here: Kitex Garments Share Price Target For Tomorrow & Next Week
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
Kitex Garments Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Kitex Garments share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -1.43% over the next 15 years.
For complete year by year Kitex Garments long term share price target from 2024, 2025 to 2039 check the below table.
Kitex Garments Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Kitex Garments Target | YoY Change % |
|---|---|---|
| 2024 | ₹213.17 | [Current Price] |
| 2024 | ₹200.58 | -5.91% |
| 2025 | ₹187.02 | -6.77% |
| 2026 | ₹198.85 | 6.32% |
| 2027 | ₹200.85 | 1% |
| 2028 | ₹205.99 | 2.55% |
| 2029 | ₹186.88 | -9.28% |
| 2030 | ₹174.06 | -6.87% |
| 2031 | ₹184.88 | 6.21% |
| 2032 | ₹186.54 | 0.89% |
| 2033 | ₹191.1 | 2.44% |
| 2034 | ₹173.17 | -9.39% |
| 2035 | ₹161.1 | -6.98% |
| 2036 | ₹170.9 | 6.08% |
| 2037 | ₹172.22 | 0.77% |
| 2038 | ₹176.2 | 2.31% |
| 2039 | ₹163.92 | -6.97% |
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.
Kitex Garments Past Performance
- In 1995, Kitex Garments opening price was ₹1
- As of Mon 01 Jul 2024 the price stands at ₹213.17.
- This represents a Compound Annual Growth Rate (CAGR) of 19.57%.
- In 29 years, an investment of 10,000 would have become ₹21.31 Lakh.
As we wrap up, we hope you like our study on Kitex Garments 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.
- Kitex Garments Share Price History
- Kitex Garments Price Target Tomorrow
- Kitex Garments Dividend History
- Kitex Garments Bonus History
- Kitex Garments Split History
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.
