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Kritika Wires Share Price Target 2024, 2025, 2026 to 2039 With Charts
Kritika Wires Limited | |||
 | Symbol: KRITIKA | ||
| Price: ₹12.08 | |||
| Exchange: NSE | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Kritika Wires Brief Company Overview
- 1.1: Kritika Wires Limited: A Leading Steel Wire Manufacturer
- 1.1.1: Diverse Product Portfolio
- 1.1.2: Reputation and Commitment
- 1.2: Kritika Wires Financial Performance
- 1.2.1: Is Kritika Wires A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Kritika Wires Share Price Target For 2024
- 2.1.1: Kritika Wires Share Price Target Table For 2024
- 2.1.2: Summary: Kritika Wires Share Price Prediction For 2024
- 2.2: Kritika Wires Share Price Target For 2025
- 2.2.1: Kritika Wires Share Price Target Table For 2025
- 2.2.2: Summary: Kritika Wires Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Kritika Wires Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Kritika Wires Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Kritika Wires Past Performance
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 | 347.22 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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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
| Kritika Wires's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 12.54 (+3.8%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 2 | 12.40 (+2.64%) | Price Action: 11 Nov 2024 Low |
| 2024 Target 1 | 12.25 (+1.4%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 12.08 | Kritika Wires's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 12.01 (-0.58%) | Price Action: 18 Nov 2024 Low |
| Stop Loss 2 | 11.81 (-2.24%) | Price Action: 14 Nov 2024 Low |
| Stop Loss 3 | 11.69 (-3.23%) | Price Action: 16 Oct 2024 Low |
Summary: Kritika Wires Share Price Prediction For 2024
In summary, Kritika Wires has surged by ₹0.83, achieving a notable +7.38% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Kritika Wires for 2024 predicts an additional rise of 1.4% to 3.8% by the end of 2024 with three potential targets T1: 12.25, T2: 12.40, T3: 12.54. Stop Loss at SL1: 12.01, SL2: 11.81, SL3: 11.69.
Kritika Wires has a 52-week high of ₹24.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹8.19, 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 Kritika Wires.
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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
| Kritika Wires's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 23.13 (+91.47%) | Price Action: Chart |
| 2025 Target 2 | 22.70 (+87.91%) | Price Action: Chart |
| 2025 Target 1 | 22.48 (+86.09%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 12.08 | Kritika Wires's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 9.55 (-20.95%) | Price Action: Chart |
| Stop Loss 2 | 9.45 (-21.78%) | Price Action: Chart |
| Stop Loss 3 | 9.28 (-23.18%) | Price Action: Chart |
Summary: Kritika Wires Share Price Prediction For 2025
In summary, Kritika Wires has surged by ₹0.83, achieving a notable +7.38% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Kritika Wires for 2025 predicts an additional rise of 86.09% to 91.47% by the end of 2025 with three potential targets T1: 22.48, T2: 22.70, T3: 23.13. Stop Loss at SL1: 9.55, SL2: 9.45, SL3: 9.28.
Kritika Wires has a All-Time high of ₹43.25, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹8.19, 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 Kritika Wires, we have created a specific page for that check here: Kritika Wires Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Kritika Wires Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Kritika Wires share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 10% over the next 15 years.
For complete year by year Kritika Wires long term share price target from 2024, 2025 to 2039 check the below table.
Kritika Wires Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Kritika Wires Target | YoY Change % |
|---|---|---|
| 2024 | ₹12.08 | [Current Price] |
| 2024 | ₹11.53 | -4.56% |
| 2025 | ₹9.98 | -13.45% |
| 2026 | ₹11.51 | 15.33% |
| 2027 | ₹9.67 | -15.99% |
| 2028 | ₹10.53 | 8.89% |
| 2029 | ₹8.65 | -17.86% |
| 2030 | ₹9.51 | 9.94% |
| 2031 | ₹30.91 | 225.02% |
| 2032 | ₹34.06 | 10.19% |
| 2033 | ₹36.67 | 7.66% |
| 2034 | ₹28.05 | -23.51% |
| 2035 | ₹33.39 | 19.03% |
| 2036 | ₹40.01 | 19.82% |
| 2037 | ₹43.52 | 8.77% |
| 2038 | ₹46.33 | 6.45% |
| 2039 | ₹43.76 | -5.55% |
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Kritika Wires Past Performance
- In 2018, Kritika Wires opening price was ₹6.8
- As of Thu 21 Nov 2024 the price stands at ₹12.08.
- This represents a Compound Annual Growth Rate (CAGR) of 8.56%.
- In 6 years, an investment of 10,000 would have become ₹17,764.7.
As we wrap up, we hope you like our study on Kritika Wires 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.
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.
