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MELSTAR Share Price Target 2024, 2025, 2026 to 2039 With Charts
Melstar Information Technologies Limited | |||
 | Symbol: MELSTAR | ||
| Price: ₹4.25 | |||
| Exchange: NSE | |||
| Technology -> Software - Application | |||
Show Table of Contents
Table of Contents
- 1: MELSTAR Brief Company Overview
- 1.1: Melstar Information Technologies Limited: Empowering Businesses with IT Solutions
- 1.2: MELSTAR Financial Performance
- 1.2.1: Is MELSTAR A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: MELSTAR Share Price Target For 2024
- 2.1.1: MELSTAR Share Price Target Table For 2024
- 2.1.2: Summary: MELSTAR Share Price Prediction For 2024
- 2.2: MELSTAR Share Price Target For 2025
- 2.2.1: MELSTAR Share Price Target Table For 2025
- 2.2.2: Summary: MELSTAR Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: MELSTAR Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: MELSTAR Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: MELSTAR Past Performance
MELSTAR Brief Company Overview
Melstar Information Technologies Limited: Empowering Businesses with IT Solutions
Melstar Information Technologies Limited, established in 1986, is a leading provider of diverse IT solutions to a wide range of industries. Headquartered in Mumbai, India, the company boasts a strong international presence.
Melstar's comprehensive offerings include:
- Application development, management, maintenance, and support
- Packaged application services (ERP, testing, etc.)
- Testing and applications modernization
- Manpower supply services
Melstar has earned a stellar reputation in the industry for its commitment to delivering tailored solutions that meet the evolving needs of its clients. Their diverse product range and unwavering commitment to innovation have solidified their position as a trusted partner for businesses seeking cutting-edge IT solutions.
MELSTAR Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 7.37 Crore | Market valuation of MELSTAR's shares. |
| Revenue (TTM) | 12.14 Crore | Total revenue generated by MELSTAR over the past twelve months. |
| Net Income (TTM) | +11.27 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -4.32% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 92.89% | Net income as a percentage of revenue, after all expenses. |
| Debt-to-Equity (D/E) Ratio | 47.44 | Company's total debt divided by total shareholder equity. |
| Total Debt | 2.88 Crore | Sum of MELSTAR's current & long-term financial obligations. |
| Total Cash | 31.79 Lakh | Total amount of liquid funds available to MELSTAR. |
| Beta | 17.9 | Beta is greater than 1 indicating that the MELSTAR's price is more volatile than the market. |
Is MELSTAR A Good Buy For Long Term?
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To predict the MELSTAR'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
MELSTAR Share Price Target For 2024
The line chart displays the monthly closing prices of MELSTAR 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 MELSTAR shares in 2024, see the table below.
MELSTAR Share Price Target Table For 2024
| MELSTAR's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 4.35 (+2.35%) | Price Action: Jun 2022 High |
| 2024 Target 2 | 4.30 (+1.17%) | Price Action: Dec 2016 Low |
| 2024 Target 1 | 4.25 (0%) | Fibonacci Extension Level 199% |
| Current Price | 4.25 | MELSTAR's 1 share price as of Wed 20 Nov 2024 |
| Stop Loss 1 | 4.25 (0%) | Fibonacci Retracement Extended 82.6% |
| Stop Loss 2 | 4.20 (-1.18%) | Price Action: May 2015 Low |
| Stop Loss 3 | 4.15 (-2.36%) | Price Action: Dec 2012 Low |
Summary: MELSTAR Share Price Prediction For 2024
In summary, MELSTAR has surged by ₹0.00, achieving a notable +0.00% increase from 1st January 2024 to 20 Nov 2024. Despite the setback, our analysis of MELSTAR for 2024 predicts an additional rise of 0% to 2.35% by the end of 2024 with three potential targets T1: 4.25, T2: 4.30, T3: 4.35. Stop Loss at SL1: 4.25, SL2: 4.20, SL3: 4.15.
MELSTAR has a 52-week high of ₹315.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹3.96, 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 MELSTAR.
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MELSTAR Share Price Target For 2025
The line chart displays the monthly closing prices of MELSTAR 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 MELSTAR shares in 2025, see the table below.
MELSTAR Share Price Target Table For 2025
| MELSTAR's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 7.08 (+66.58%) | Price Action: Chart |
| 2025 Target 2 | 6.95 (+63.52%) | Price Action: Chart |
| 2025 Target 1 | 6.88 (+61.88%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 4.25 | MELSTAR's 1 share price as of Wed 20 Nov 2024 |
| Stop Loss 1 | 3.61 (-15.06%) | Price Action: Chart |
| Stop Loss 2 | 3.57 (-16.01%) | Price Action: Chart |
| Stop Loss 3 | 3.51 (-17.42%) | Price Action: Chart |
Summary: MELSTAR Share Price Prediction For 2025
In summary, MELSTAR has surged by ₹0.00, achieving a notable +0.00% increase from 1st January 2024 to 20 Nov 2024. Despite the setback, our analysis of MELSTAR for 2025 predicts an additional rise of 61.88% to 66.58% by the end of 2025 with three potential targets T1: 6.88, T2: 6.95, T3: 7.08. Stop Loss at SL1: 3.61, SL2: 3.57, SL3: 3.51.
MELSTAR has a All-Time high of ₹218.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹3.96, 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 MELSTAR, we have created a specific page for that check here: MELSTAR Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
MELSTAR Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of MELSTAR share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 7.4% over the next 15 years.
For complete year by year MELSTAR long term share price target from 2024, 2025 to 2039 check the below table.
MELSTAR Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | MELSTAR Target | YoY Change % |
|---|---|---|
| 2024 | ₹4.25 | [Current Price] |
| 2024 | ₹4.83 | 13.64% |
| 2025 | ₹4.97 | 2.89% |
| 2026 | ₹5.45 | 9.65% |
| 2027 | ₹5.8 | 6.42% |
| 2028 | ₹7.13 | 22.93% |
| 2029 | ₹7.54 | 5.75% |
| 2030 | ₹7.48 | -0.8% |
| 2031 | ₹7.95 | 6.28% |
| 2032 | ₹8.24 | 3.64% |
| 2033 | ₹9.9 | 20.14% |
| 2034 | ₹10.25 | 3.53% |
| 2035 | ₹9.99 | -2.54% |
| 2036 | ₹10.45 | 4.6% |
| 2037 | ₹10.67 | 2.1% |
| 2038 | ₹12.66 | 18.65% |
| 2039 | ₹13.12 | 3.63% |
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MELSTAR Past Performance
- In 2002, MELSTAR opening price was ₹25.4
- As of Wed 20 Nov 2024 the price stands at ₹4.25.
- This represents a Compound Annual Growth Rate (CAGR) of -7.48%.
- In 22 years, an investment of 10,000 would have become ₹1,673.22.
As we wrap up, we hope you like our study on MELSTAR 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.
