Manaksia Steels (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Manaksia Steels Limited |
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Price: ₹60.03 | ||
| 52 Week Low: ₹44.60 52 Week High: ₹107.00 |
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| Market Capital: 407.49 Crore (Smallcap) | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Manaksia Steels Share Price Target For 2024
- 1.1.1: Manaksia Steels Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Manaksia Steels Share Price Target For 2025
- 1.2.1: Manaksia Steels Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Manaksia Steels Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Manaksia Steels Brief Company Overview
- 4: Manaksia Steels Financial Performance
- 4.0.1: Is Manaksia Steels A Good Buy For Long Term?
To predict the Manaksia Steels'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
Manaksia Steels Share Price Target For 2024
The line chart displays the monthly closing prices of Manaksia Steels 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 Manaksia Steels shares in 2024, see the table below.
Manaksia Steels Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 63.2 (+5.28%) | Price Action: 16 May 2024 High |
| 2024 Target 2 | 62.55 (+4.19%) | Price Action: 17 Dec 2024 Low |
| 2024 Target 1 | 61.9 (+3.11%) | Price Action: 15 Apr 2024 High |
| Current Price | 60.03 | Manaksia Steels's share price as of 26 Dec 2024 |
| Stop Loss 1 | 59.1 (-1.55%) | Price Action: 14 Nov 2024 Low |
| Stop Loss 2 | 58.5 (-2.54%) | Price Action: 27 Mar 2024 Low |
| Stop Loss 3 | 57.7 (-3.89%) | Price Action: 13 Mar 2024 High |
Short-Term Technical Outlook
Current Technical Position: Manaksia Steels is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹62.91 serves as the nearest technical reference point.
Historical Returns: 3-month: -12.96% | 6-month: +9.8% | 1-year: +25.72%
Manaksia Steels Share Price Target For 2025
The line chart displays the monthly closing prices of Manaksia Steels 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 Manaksia Steels shares in 2025, see the table below.
Manaksia Steels Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 101.31 (+68.76%) | Fibonacci Extension Level 64.90% |
| 2025 Target 2 | 99.38 (+65.55%) | Price Action: Chart |
| 2025 Target 1 | 98.4 (+63.91%) | Price Action: 31 Jan 2024 High |
| Current Price | 60.03 | Manaksia Steels's share price as of 26 Dec 2024 |
| Stop Loss 1 | 50.5 (-15.88%) | Price Action: 08 Aug 2023 High |
| Stop Loss 2 | 49.95 (-16.8%) | Price Action: 15 Sep 2023 High |
| Stop Loss 3 | 49.35 (-17.8%) | Price Action: 07 Sep 2023 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Manaksia Steels is currently trading near its 52-week low of ₹44.6, 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: +25.72% | 3-year: +87.59% | 5-year: +461.03%
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Approach 2: Machine Learning By Studying Historical Prices
Manaksia Steels Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹60.03 | ||
| 2024 | ₹60.49 | +0.76% | ₹61.40 |
| 2025 | ₹71.48 | +18.16% | ₹75.35 |
| 2026 | ₹73.28 | +2.51% | ₹77.13 |
| 2027 | ₹75.00 | +2.34% | ₹83.55 |
| 2028 | ₹89.97 | +19.96% | ₹91.32 |
| 2029 | ₹82.86 | -7.9% | ₹94.92 |
| 2030 | ₹96.10 | +15.97% | ₹97.54 |
| 2031 | ₹96.89 | +0.82% | ₹98.34 |
| 2032 | ₹97.70 | +0.83% | ₹99.17 |
| 2033 | ₹115.64 | +18.36% | ₹117.37 |
| 2034 | ₹105.23 | -9% | ₹106.81 |
| 2035 | ₹120.71 | +14.71% | ₹127.54 |
| 2036 | ₹120.49 | -0.18% | ₹128.48 |
| 2037 | ₹120.40 | -0.07% | ₹134.90 |
| 2038 | ₹141.32 | +17.37% | ₹143.44 |
| 2039 | ₹124.46 | -11.93% | ₹147.11 |
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.
Manaksia Steels Brief Company Overview
Manaksia Steels Limited: Your Source for Reliable Steel Solutions Manaksia Steels Limited, a name renowned in the steel industry, is a leading manufacturer and supplier of secondary steel products. Founded in 2001 and headquartered in Kolkata, India, the company serves both...
domestic and international markets. Diverse Product Portfolio: Cold Rolled Sheets Galvanized Steel Sheets and Coils Hot Dipped Galvanized Steel Sheets and Coils Color Coated Sheets and Coils These products cater to a wide range of applications, including automobile rims, engineering, furniture, roofing, cladding, appliances, and building materials. Reputation and Commitment: Manaksia Steels Limited has established a strong reputation for delivering quality steel products and services. The company is committed to sustainable practices and customer satisfaction, ensuring reliability and value for its clients.Manaksia Steels Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 407.49 Crore | Market valuation of Manaksia Steels's shares. |
| Revenue (TTM) | 628.02 Crore | Total revenue generated by Manaksia Steels over the past twelve months. |
| Net Income (TTM) | +19.86 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +0.98% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +3.16% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-24.3% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-83.9% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
61.82 | Company's total debt divided by total shareholder equity. |
| Total Debt | 185.75 Crore | Sum of Manaksia Steels's current & long-term financial obligations. |
| Total Cash | 174.96 Crore | Total amount of liquid funds available to Manaksia Steels. |
| Beta | 0.91 | Beta is less than 1 indicating that the Manaksia Steels's price is less volatile than the market. |
Is Manaksia Steels 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.
