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Manaksia Steels Share Price Target 2024, 2025, 2026 to 2039 With Charts
Manaksia Steels Limited | |||
 | Symbol: MANAKSTEEL | ||
| Price: ₹69.75 | |||
| Exchange: NSE | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Manaksia Steels Brief Company Overview
- 1.1: Manaksia Steels Limited: Your Source for Reliable Steel Solutions
- 1.2: Manaksia Steels Financial Performance
- 1.2.1: Is Manaksia Steels A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Manaksia Steels Share Price Target For 2024
- 2.1.1: Manaksia Steels Share Price Target Table For 2024
- 2.1.2: Summary: Manaksia Steels Share Price Prediction For 2024
- 2.2: Manaksia Steels Share Price Target For 2025
- 2.2.1: Manaksia Steels Share Price Target Table For 2025
- 2.2.2: Summary: Manaksia Steels Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Manaksia Steels Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Manaksia Steels Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Manaksia Steels Past Performance
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.
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Manaksia Steels Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 437.11 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 | 0.86 | 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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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.
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Manaksia Steels Share Price Target Table For 2024
| Manaksia Steels's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 73.39 (+5.21%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 2 | 72.00 (+3.22%) | Price Action: 03 Oct 2024 High |
| 2024 Target 1 | 70.60 (+1.21%) | Price Action: Feb 2024 Low |
| Current Price | 69.75 | Manaksia Steels's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 69.34 (-0.59%) | Price Action: 27 Sep 2024 High |
| Stop Loss 2 | 68.50 (-1.8%) | Price Action: 26 Sep 2024 High |
| Stop Loss 3 | 67.75 (-2.87%) | Price Action: 08 Oct 2024 High |
Summary: Manaksia Steels Share Price Prediction For 2024
In summary, Manaksia Steels has surged by ₹22.00, achieving a notable +46.07% increase from 1st January 2024 to 17 Oct 2024. Our analysis of Manaksia Steels for 2024 predicts an additional rise of 1.21% to 5.21% by the end of 2024 with three potential targets T1: 70.60, T2: 72.00, T3: 73.39. Stop Loss at SL1: 69.34, SL2: 68.50, SL3: 67.75.
Manaksia Steels has a 52-week high of ₹107.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹39.54, 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 Manaksia Steels.
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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.
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Manaksia Steels Share Price Target Table For 2025
| Manaksia Steels's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 116.85 (+67.52%) | Price Action: Chart |
| 2025 Target 2 | 114.67 (+64.4%) | Price Action: Chart |
| 2025 Target 1 | 113.53 (+62.76%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 69.75 | Manaksia Steels's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 59.45 (-14.77%) | Price Action: Apr 2024 High |
| Stop Loss 2 | 58.72 (-15.82%) | Technical Indicator: MA250 |
| Stop Loss 3 | 57.66 (-17.34%) | Price Action: Chart |
Summary: Manaksia Steels Share Price Prediction For 2025
In summary, Manaksia Steels has surged by ₹22.00, achieving a notable +46.07% increase from 1st January 2024 to 17 Oct 2024. Our analysis of Manaksia Steels for 2025 predicts an additional rise of 62.76% to 67.52% by the end of 2025 with three potential targets T1: 113.53, T2: 114.67, T3: 116.85. Stop Loss at SL1: 59.45, SL2: 58.72, SL3: 57.66.
Manaksia Steels has a All-Time high of ₹107.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹39.54, 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 Manaksia Steels, we have created a specific page for that check here: Manaksia Steels Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Manaksia Steels Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Manaksia Steels share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 4.25% over the next 15 years.
For complete year by year Manaksia Steels long term share price target from 2024, 2025 to 2039 check the below table.
Manaksia Steels Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Manaksia Steels Target | YoY Change % |
|---|---|---|
| 2024 | ₹69.75 | [Current Price] |
| 2024 | ₹59.74 | -14.36% |
| 2025 | ₹69.22 | 15.86% |
| 2026 | ₹69.67 | 0.65% |
| 2027 | ₹70.18 | 0.73% |
| 2028 | ₹82.99 | 18.25% |
| 2029 | ₹75.45 | -9.09% |
| 2030 | ₹86.52 | 14.67% |
| 2031 | ₹86.26 | -0.31% |
| 2032 | ₹86.13 | -0.16% |
| 2033 | ₹101.03 | 17.29% |
| 2034 | ₹91.17 | -9.76% |
| 2035 | ₹103.83 | 13.88% |
| 2036 | ₹102.85 | -0.95% |
| 2037 | ₹102.08 | -0.75% |
| 2038 | ₹119.07 | 16.64% |
| 2039 | ₹106.96 | -10.18% |
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Manaksia Steels Past Performance
- In 2015, Manaksia Steels opening price was ₹18.1
- As of Thu 17 Oct 2024 the price stands at ₹69.75.
- This represents a Compound Annual Growth Rate (CAGR) of 14.44%.
- In 9 years, an investment of 10,000 would have become ₹38,535.91.
As we wrap up, we hope you like our study on Manaksia Steels 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.
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.
