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Magna Electro Castings Share Price Target 2024, 2025, 2026 to 2039 With Charts
Magna Electro Castings Limited | |||
 | Symbol: MAGNAELQ | ||
| Price: ₹775 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Magna Electro Castings Financial Performance
- 0.1.1: Is Magna Electro Castings A Good Buy For Long Term?
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Magna Electro Castings Share Price Target For 2024
- 1.1.1: Magna Electro Castings Share Price Target Table For 2024
- 1.1.2: Summary: Magna Electro Castings Share Price Prediction For 2024
- 1.2: Magna Electro Castings Share Price Target For 2025
- 1.2.1: Magna Electro Castings Share Price Target Table For 2025
- 1.2.2: Summary: Magna Electro Castings Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Magna Electro Castings Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Magna Electro Castings Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Magna Electro Castings Past Performance
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Magna Electro Castings Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 355.33 Crore | Market valuation of Magna Electro Castings's shares. |
| Revenue (TTM) | 140.43 Crore | Total revenue generated by Magna Electro Castings over the past twelve months. |
| Net Income (TTM) | +15.1 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 14.58% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 37.79% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +27.44% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +19.12% | Change in earnings compared to the same quarter last year. |
| Total Debt | 9.19 Lakh | Sum of Magna Electro Castings's current & long-term financial obligations. |
| Total Cash | 1.8 Crore | Total amount of liquid funds available to Magna Electro Castings. |
Is Magna Electro Castings A Good Buy For Long Term?
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To predict the Magna Electro Castings'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
Magna Electro Castings Share Price Target For 2024
The line chart displays the monthly closing prices of Magna Electro Castings 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 Magna Electro Castings shares in 2024, see the table below.
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Magna Electro Castings Share Price Target Table For 2024
| Magna Electro Castings's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 851.09 (+9.81%) | Price Action: 27 Aug 2024 Low |
| 2024 Target 2 | 841.00 (+8.51%) | Price Action: 28 Aug 2024 Low |
| 2024 Target 1 | 824.20 (+6.34%) | Price Action: 29 Aug 2024 Low |
| Current Price | 775.00 | Magna Electro Castings's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 749.00 (-3.36%) | Price Action: 20 Aug 2024 Low |
| Stop Loss 2 | 741.51 (-4.33%) | Price Action: Chart |
| Stop Loss 3 | 722.84 (-6.74%) | Price Action: 09 Aug 2024 High |
Summary: Magna Electro Castings Share Price Prediction For 2024
In summary, Magna Electro Castings has surged by ₹295.40, achieving a notable +61.59% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Magna Electro Castings for 2024 predicts an additional rise of 6.34% to 9.81% by the end of 2024 with three potential targets T1: 824.20, T2: 841.00, T3: 851.09. Stop Loss at SL1: 749.00, SL2: 741.51, SL3: 722.84.
Magna Electro Castings has a 52-week high of ₹910.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹388.00, 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 Magna Electro Castings.
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Magna Electro Castings Share Price Target For 2025
The line chart displays the monthly closing prices of Magna Electro Castings 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 Magna Electro Castings shares in 2025, see the table below.
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Magna Electro Castings Share Price Target Table For 2025
| Magna Electro Castings's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1103.84 (+42.43%) | Price Action: Chart |
| 2025 Target 2 | 1083.26 (+39.77%) | Price Action: Chart |
| 2025 Target 1 | 1072.53 (+38.39%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 775.00 | Magna Electro Castings's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 706.04 (-8.9%) | Price Action: 16 Aug 2024 Low |
| Stop Loss 2 | 698.98 (-9.81%) | Price Action: Chart |
| Stop Loss 3 | 686.40 (-11.44%) | Price Action: Chart |
Summary: Magna Electro Castings Share Price Prediction For 2025
In summary, Magna Electro Castings has surged by ₹295.40, achieving a notable +61.59% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Magna Electro Castings for 2025 predicts an additional rise of 38.39% to 42.43% by the end of 2025 with three potential targets T1: 1072.53, T2: 1083.26, T3: 1103.84. Stop Loss at SL1: 706.04, SL2: 698.98, SL3: 686.40.
Magna Electro Castings has a All-Time high of ₹910.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹388.00, 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 Magna Electro Castings, we have created a specific page for that check here: Magna Electro Castings Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Magna Electro Castings Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Magna Electro Castings share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 17.4% over the next 15 years.
For complete year by year Magna Electro Castings long term share price target from 2024, 2025 to 2039 check the below table.
Magna Electro Castings Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Magna Electro Castings Target | YoY Change % |
|---|---|---|
| 2024 | ₹775 | [Current Price] |
| 2024 | ₹803.07 | 3.62% |
| 2025 | ₹1,326.27 | 65.14% |
| 2026 | ₹1,688.36 | 27.3% |
| 2027 | ₹2,092.14 | 23.91% |
| 2028 | ₹2,634.7 | 25.93% |
| 2029 | ₹2,902.83 | 10.17% |
| 2030 | ₹3,603.3 | 24.13% |
| 2031 | ₹3,846.12 | 6.73% |
| 2032 | ₹4,221.64 | 9.76% |
| 2033 | ₹4,862.85 | 15.18% |
| 2034 | ₹5,002.6 | 2.87% |
| 2035 | ₹5,880.33 | 17.54% |
| 2036 | ₹6,003.89 | 2.1% |
| 2037 | ₹6,351.15 | 5.78% |
| 2038 | ₹7,091.03 | 11.64% |
| 2039 | ₹7,588.11 | 7% |
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Magna Electro Castings Past Performance
- In 2001, Magna Electro Castings opening price was ₹9
- As of Fri 06 Sep 2024 the price stands at ₹775.
- This represents a Compound Annual Growth Rate (CAGR) of 20.4%.
- In 23 years, an investment of 10,000 would have become ₹8.61 Lakh.
As we wrap up, we hope you like our study on Magna Electro Castings 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.
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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.
- Magna Electro Castings Share Price History
- Magna Electro Castings Price Target Tomorrow
- Magna Electro Castings Dividend 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.
