Kritika Wires (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Kritika Wires Limited |
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Price: ₹11.91 | ||
| 52 Week Low: ₹10.35 52 Week High: ₹24.50 |
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| Market Capital: 332.31 Crore (Smallcap) | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Kritika Wires Share Price Target For 2024
- 1.1.1: Kritika Wires Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Kritika Wires Share Price Target For 2025
- 1.2.1: Kritika Wires Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Kritika Wires Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Kritika Wires Brief Company Overview
- 4: Kritika Wires Financial Performance
- 4.0.1: Is Kritika Wires A Good Buy For Long Term?
To predict the Kritika Wires'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
Kritika Wires Share Price Target For 2024
The line chart displays the monthly closing prices of Kritika Wires 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 Kritika Wires shares in 2024, see the table below.
Kritika Wires Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 12.57 (+5.54%) | Price Action: 15 Oct 2024 High |
| 2024 Target 2 | 12.44 (+4.45%) | Price Action: 25 Oct 2024 High |
| 2024 Target 1 | 12.28 (+3.1%) | Price Action: 13 Nov 2024 Low |
| Current Price | 11.91 | Kritika Wires's share price as of 26 Dec 2024 |
| Stop Loss 1 | 11.71 (-1.68%) | Price Action: Nov 2024 Low |
| Stop Loss 2 | 11.55 (-3.03%) | Price Action: 17 Jan 2024 High |
| Stop Loss 3 | 11.43 (-4.04%) | Fibonacci Retracement Level 98.60% |
Short-Term Technical Outlook
Current Technical Position: Kritika Wires is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹12.52 serves as the nearest technical reference point.
Historical Returns: 3-month: -36.21% | 6-month: -38.1% | 1-year: +5.87%
Kritika Wires Share Price Target For 2025
The line chart displays the monthly closing prices of Kritika Wires 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 Kritika Wires shares in 2025, see the table below.
Kritika Wires Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 22.15 (+85.97%) | Price Action: 29 May 2024 Low |
| 2025 Target 2 | 21.93 (+84.13%) | Price Action: 20 Sep 2024 High |
| 2025 Target 1 | 21.7 (+82.19%) | Price Action: 28 May 2024 High |
| Current Price | 11.91 | Kritika Wires's share price as of 26 Dec 2024 |
| Stop Loss 1 | 9.42 (-20.91%) | Price Action: 20 Nov 2023 High |
| Stop Loss 2 | 9.23 (-22.51%) | Price Action: 23 Nov 2023 High |
| Stop Loss 3 | 9.05 (-24.02%) | Price Action: 24 Nov 2023 High |
Long-Term Technical Outlook
52-Week Range Analysis: Kritika Wires is currently trading near its 52-week low of ₹10.35, 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: +5.87% | 3-year: +441.36% | 5-year: +71.61%
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Approach 2: Machine Learning By Studying Historical Prices
Kritika Wires Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹11.91 | ||
| 2024 | ₹11.42 | -4.11% | ₹14.46 |
| 2025 | ₹9.50 | -16.81% | ₹9.64 |
| 2026 | ₹10.69 | +12.52% | ₹10.85 |
| 2027 | ₹8.49 | -20.57% | ₹9.99 |
| 2028 | ₹10.53 | +24.02% | ₹10.69 |
| 2029 | ₹8.65 | -17.85% | ₹9.56 |
| 2030 | ₹9.51 | +9.94% | ₹9.65 |
| 2031 | ₹30.91 | +225.02% | ₹31.37 |
| 2032 | ₹34.06 | +10.19% | ₹42.77 |
| 2033 | ₹36.67 | +7.66% | ₹45.92 |
| 2034 | ₹28.05 | -23.5% | ₹49.10 |
| 2035 | ₹33.39 | +19.03% | ₹52.27 |
| 2036 | ₹40.01 | +19.82% | ₹55.45 |
| 2037 | ₹43.52 | +8.77% | ₹54.76 |
| 2038 | ₹46.33 | +6.45% | ₹58.63 |
| 2039 | ₹61.80 | +33.39% | ₹62.73 |
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.
Kritika Wires Brief Company Overview
Kritika Wires Limited: A Leading Steel Wire Manufacturer Kritika Wires Limited, established in 2004, is a prominent manufacturer and supplier of industrial steel and galvanized wires in India. Headquartered in Kolkata, the company has a strong market presence both...
domestically and internationally. Diverse Product Portfolio Mild steel wires Galvanized stay wires A.C.S.R. core wires Cotton bailing wires Spring steel wires Barbed wires Galvanized strands for earthing ACSR core wire strands PC strands for railway sleepers Reputation and Commitment Kritika Wires Limited has established a reputation for delivering high-quality products and exceptional customer service. The company is committed to innovation and continuous improvement, ensuring its products meet the evolving needs of the industry.Kritika Wires Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 332.31 Crore | Market valuation of Kritika Wires's shares. |
| Revenue (TTM) | 552.71 Crore | Total revenue generated by Kritika Wires over the past twelve months. |
| Net Income (TTM) | +11.55 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +1.26% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +2.09% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+51.2% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+20.1% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
55.71 | Company's total debt divided by total shareholder equity. |
| Total Debt | 49.52 Crore | Sum of Kritika Wires's current & long-term financial obligations. |
| Total Cash | 7.17 Crore | Total amount of liquid funds available to Kritika Wires. |
| Beta | 0.02 | Beta is less than 1 indicating that the Kritika Wires's price is less volatile than the market. |
Is Kritika Wires 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.
