MIC Electronics (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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MIC Electronics Limited |
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Price: ₹83.74 | ||
| 52 Week Low: ₹31.95 52 Week High: ₹114.79 |
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| Market Capital: 2,162.24 Crore (Smallcap) | |||
| Technology -> Electronic Components | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: MIC Electronics Share Price Target For 2024
- 1.1.1: MIC Electronics Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: MIC Electronics Share Price Target For 2025
- 1.2.1: MIC Electronics Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: MIC Electronics Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: MIC Electronics Brief Company Overview
- 4: MIC Electronics Financial Performance
- 4.0.1: Is MIC Electronics A Good Buy For Long Term?
To predict the MIC Electronics'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
MIC Electronics Share Price Target For 2024
The line chart displays the monthly closing prices of MIC Electronics 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 MIC Electronics shares in 2024, see the table below.
MIC Electronics Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 89.4 (+6.75%) | Price Action: Oct 2015 High |
| 2024 Target 2 | 88.5 (+5.68%) | Price Action: Aug 2024 High |
| 2024 Target 1 | 87.56 (+4.56%) | Price Action: Jan 2009 Low |
| Current Price | 83.74 | MIC Electronics's share price as of 20 Dec 2024 |
| Stop Loss 1 | 84.01 (+0.32%) | Price Action: 19 Dec 2024 Low |
| Stop Loss 2 | 83.1 (-0.77%) | Price Action: Dec 2024 Low |
| Stop Loss 3 | 82.23 (-1.81%) | Price Action: Jun 2024 High |
Short-Term Technical Outlook
Current Technical Position: MIC Electronics is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹87.21 serves as the nearest technical reference point.
Historical Returns: 3-month: -14.21% | 6-month: +1.84% | 1-year: +147.82%
MIC Electronics Share Price Target For 2025
The line chart displays the monthly closing prices of MIC Electronics 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 MIC Electronics shares in 2025, see the table below.
MIC Electronics Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 142.83 (+70.56%) | Price Action: Chart |
| 2025 Target 2 | 140.17 (+67.38%) | Price Action: Chart |
| 2025 Target 1 | 138.78 (+65.72%) | Fibonacci Extension Level 64.90% |
| Current Price | 83.74 | MIC Electronics's share price as of 20 Dec 2024 |
| Stop Loss 1 | 66.73 (-20.32%) | Technical Indicator: MA250 |
| Stop Loss 2 | 66.06 (-21.12%) | Price Action: Chart |
| Stop Loss 3 | 64.87 (-22.54%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: MIC Electronics is currently trading at 62.5% of its 52-week range (₹31.95 - ₹114.79).
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: +147.82% | 3-year: +268.90% | 5-year: +4,087.00%
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Approach 2: Machine Learning By Studying Historical Prices
MIC Electronics Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹83.74 | ||
| 2024 | ₹119.64 | +42.87% | ₹121.43 |
| 2025 | ₹151.71 | +26.81% | ₹153.99 |
| 2026 | ₹162.04 | +6.81% | ₹182.32 |
| 2027 | ₹193.09 | +19.16% | ₹244.99 |
| 2028 | ₹248.29 | +28.59% | ₹307.66 |
| 2029 | ₹370.33 | +49.15% | ₹375.88 |
| 2030 | ₹375.70 | +1.45% | ₹381.34 |
| 2031 | ₹346.75 | -7.71% | ₹433.00 |
| 2032 | ₹372.32 | +7.37% | ₹495.67 |
| 2033 | ₹442.68 | +18.90% | ₹558.34 |
| 2034 | ₹621.01 | +40.28% | ₹630.33 |
| 2035 | ₹599.70 | -3.43% | ₹608.70 |
| 2036 | ₹531.45 | -11.38% | ₹683.68 |
| 2037 | ₹551.56 | +3.78% | ₹746.35 |
| 2038 | ₹637.07 | +15.50% | ₹809.03 |
| 2039 | ₹780.95 | +22.58% | ₹792.66 |
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.
MIC Electronics Brief Company Overview
MIC Electronics Limited: A Leading Provider of Innovative Display Solutions Founded in 1988, MIC Electronics Limited is a renowned player in the electronics and telecommunications industry. Headquartered in Hyderabad, India, the company has a global presence...
and is known for its extensive product portfolio. Diverse Product Range: LED video displays Indoor and outdoor lighting products Solar lighting products Portable products Indoor and outdoor displays Mobile displays Oxygen concentrators Batteries Commitment to Innovation: MIC Electronics is committed to pushing the boundaries of technology, consistently developing innovative products that meet the evolving demands of its customers. This dedication to innovation has earned the company a strong reputation in the industry.MIC Electronics Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,162.24 Crore | Market valuation of MIC Electronics's shares. |
| Revenue (TTM) | 58.26 Crore | Total revenue generated by MIC Electronics over the past twelve months. |
| Net Income (TTM) | +625,680,000.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +20.59% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +107.37% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+29.70% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+58.50% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
9.55 | Company's total debt divided by total shareholder equity. |
| Total Debt | 11.65 Crore | Sum of MIC Electronics's current & long-term financial obligations. |
| Total Cash | 89.2 Lakh | Total amount of liquid funds available to MIC Electronics. |
| Beta | 2.1 | Beta is greater than 1 indicating that the MIC Electronics's price is more volatile than the market. |
Is MIC Electronics 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.
