Select Page

LGB Forge (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039

LGB Forge Limited

Company Logo Price: ₹11.94
52 Week Low: ₹11.80
52 Week High: ₹12.66
Market Capital: 284.41 Crore (Smallcap)
Industrials -> Metal Fabrication
Show Table of Contents

To predict the LGB Forge'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

LGB Forge Share Price Target For 2024

The line chart displays the monthly closing prices of LGB Forge 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 LGB Forge shares in 2024, see the table below.

LGB Forge Share Price Target Table For 2024

Level Value Analysis
2024 Target 3 12.2 (+2.17%) Price Action: 26 Dec 2023 Low
2024 Target 2 12.05 (+0.92%) Price Action: Jul 2008 Low
2024 Target 1 11.92 (-0.17%) Fibonacci Extension Level 82.00%
Current Price 11.94 LGB Forge's share price as of 29 Jul 2024
Stop Loss 1 11.92 (-0.17%) Fibonacci Retracement Level 82.60%
Stop Loss 2 11.8 (-1.18%) Price Action: 28 Feb 2024 High
Stop Loss 3 11.68 (-2.18%) Technical Indicator: MA50

Short-Term Technical Outlook

Current Technical Position: LGB Forge is showing mixed momentum signals near key moving averages.

Key Technical Level: The 25-day moving average at ₹12.02 serves as the nearest technical reference point.

Historical Returns: 3-month: NA | 6-month: -5.46% | 1-year: -8.51%

LGB Forge Share Price Target For 2025

The line chart displays the monthly closing prices of LGB Forge 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 LGB Forge shares in 2025, see the table below.

LGB Forge Share Price Target Table For 2025

Level Value Analysis
2025 Target 3 16.65 (+39.44%) Price Action: Chart
2025 Target 2 16.34 (+36.85%) Fibonacci Extension Level 123.60%
2025 Target 1 16.06 (+34.5%) Fibonacci Extension Level 64.90%
Current Price 11.94 LGB Forge's share price as of 29 Jul 2024
Stop Loss 1 10.95 (-8.3%) Price Action: Oct 2023 High
Stop Loss 2 10.82 (-9.39%) Technical Indicator: MA100
Stop Loss 3 10.7 (-10.39%) Price Action: 07 Nov 2023 High

Long-Term Technical Outlook

52-Week Range Analysis: LGB Forge is currently trading near its 52-week low of ₹11.8, indicating potential value opportunity.

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: -8.51% | 3-year: -26.3% | 5-year: +397.5%

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Approach 2: Machine Learning By Studying Historical Prices

LGB Forge Share Price Target Chart and Table From 2024, 2025, 2026 to 2039

Year Target 1 Target 1 YoY Chg % Target 2
Current Price ₹11.94
2024 ₹11.48 -3.85% ₹11.69
2025 ₹12.22 +6.44% ₹12.94
2026 ₹11.36 -7.03% ₹12.10
2027 ₹11.35 -0.08% ₹13.32
2028 ₹11.55 +1.76% ₹13.70
2029 ₹12.84 +11.16% ₹14.07
2030 ₹13.64 +6.23% ₹14.45
2031 ₹12.65 -7.25% ₹13.49
2032 ₹12.61 -0.31% ₹14.82
2033 ₹12.80 +1.5% ₹15.20
2034 ₹14.20 +10.93% ₹15.57
2035 ₹15.06 +6.05% ₹15.95
2036 ₹13.94 -7.43% ₹14.88
2037 ₹13.87 -0.5% ₹16.32
2038 ₹14.05 +1.29% ₹16.70
2039 ₹15.85 +12.81% ₹17.08

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.

LGB Forge Brief Company Overview

LGB Forge Limited: A Reputable Manufacturer of Forged Components Established in 2006, LGB Forge Limited has made a name for itself as a leading manufacturer of forged and machined components. Key Products: Auto, electrical, and transmission forged components for... automotive and non-automotive industries. Diverse Product Range: Hot, warm, and cold forging products. Global Presence: Exports products internationally. LGB Forge is known for its commitment to quality and customer satisfaction, consistently meeting industry standards and earning a strong reputation among customers.

LGB Forge Financial Performance

Metric Value Description
Market Capital 284.41 Crore Market valuation of LGB Forge's shares.
Revenue (TTM) 88.58 Crore Total revenue generated by LGB Forge over the past twelve months.
Net Income (TTM) -3.74 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin -1.4% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin -6.6% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-19.41% Change in revenue compared to the previous quarter.
Debt-to-Equity
(D/E) Ratio
105.19 Company's total debt divided by total shareholder equity.
Total Debt 20.8 Crore Sum of LGB Forge's current & long-term financial obligations.
Total Cash 48.72 Lakh Total amount of liquid funds available to LGB Forge.
Beta 1.04 Beta is greater than 1 indicating that the LGB Forge's price is more volatile than the market.

Is LGB Forge 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.