Nahar Spinning Mills (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Nahar Spinning Mills Ltd |
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Price: ₹285.60 | ||
| 52 Week Low: ₹225.00 52 Week High: ₹384.50 |
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| Market Capital: 895.14 Crore (Smallcap) | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Nahar Spinning Mills Share Price Target For 2024
- 1.1.1: Nahar Spinning Mills Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Nahar Spinning Mills Share Price Target For 2025
- 1.2.1: Nahar Spinning Mills Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Nahar Spinning Mills Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Nahar Spinning Mills Brief Company Overview
- 4: Nahar Spinning Mills Financial Performance
- 4.0.1: Is Nahar Spinning Mills A Good Buy For Long Term?
To predict the Nahar Spinning Mills'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
Nahar Spinning Mills Share Price Target For 2024
The line chart displays the monthly closing prices of Nahar Spinning Mills 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 Nahar Spinning Mills shares in 2024, see the table below.
Nahar Spinning Mills Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 301.32 (+5.5%) | Price Action: Oct 2023 High |
| 2024 Target 2 | 297.42 (+4.13%) | Price Action: Sep 2023 High |
| 2024 Target 1 | 294.15 (+2.99%) | Price Action: May 2023 High |
| Current Price | 285.60 | Nahar Spinning Mills's share price as of 23 Dec 2024 |
| Stop Loss 1 | 280.35 (-1.84%) | Price Action: 12 Dec 2024 Low |
| Stop Loss 2 | 276.95 (-3.03%) | Price Action: 04 Nov 2024 High |
| Stop Loss 3 | 271.74 (-4.86%) | Price Action: Oct 2022 Low |
Short-Term Technical Outlook
Current Technical Position: Nahar Spinning Mills is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 50-day moving average at ₹271 serves as the nearest technical reference point.
Historical Returns: 3-month: -3.3% | 6-month: -0.94% | 1-year: +2.34%
Nahar Spinning Mills Share Price Target For 2025
The line chart displays the monthly closing prices of Nahar Spinning Mills 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 Nahar Spinning Mills shares in 2025, see the table below.
Nahar Spinning Mills Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 396.19 (+38.72%) | Price Action: Chart |
| 2025 Target 2 | 388.8 (+36.13%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 383.32 (+34.21%) | Fibonacci Extension Level 100.00% |
| Current Price | 285.60 | Nahar Spinning Mills's share price as of 23 Dec 2024 |
| Stop Loss 1 | 261.1 (-8.58%) | Price Action: 03 Dec 2024 Low |
| Stop Loss 2 | 258.39 (-9.52%) | Price Action: 30 Oct 2024 Low |
| Stop Loss 3 | 255.39 (-10.58%) | Price Action: 28 Oct 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Nahar Spinning Mills is currently trading at 38.0% of its 52-week range (₹225 - ₹384.5).
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: +2.34% | 3-year: -41.11% | 5-year: +590.9%
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Approach 2: Machine Learning By Studying Historical Prices
Nahar Spinning Mills Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹285.60 | ||
| 2024 | ₹275.34 | -3.59% | ₹279.47 |
| 2025 | ₹263.66 | -4.24% | ₹307.82 |
| 2026 | ₹278.49 | +5.62% | ₹291.29 |
| 2027 | ₹258.32 | -7.24% | ₹274.76 |
| 2028 | ₹258.23 | -0.03% | ₹262.32 |
| 2029 | ₹216.82 | -16.03% | ₹246.15 |
| 2030 | ₹205.14 | -5.38% | ₹241.70 |
| 2031 | ₹213.81 | +4.22% | ₹225.17 |
| 2032 | ₹195.40 | -8.61% | ₹208.64 |
| 2033 | ₹192.11 | -1.68% | ₹197.64 |
| 2034 | ₹234.60 | +22.11% | ₹238.12 |
| 2035 | ₹224.76 | -4.19% | ₹272.28 |
| 2036 | ₹247.84 | +10.26% | ₹264.55 |
| 2037 | ₹241.34 | -2.62% | ₹256.81 |
| 2038 | ₹249.08 | +3.2% | ₹252.82 |
| 2039 | ₹196.02 | -21.3% | ₹235.15 |
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.
Nahar Spinning Mills Brief Company Overview
Nahar Spinning Mills Limited: A Leading Provider of Textile Products Established in 1980, Nahar Spinning Mills Limited is an Indian company that has made its mark in the textile industry. Key Products and Services: Manufactures and sells a diverse range of yarns ...
Offers hosiery knitwear products, including woolen and cotton T-shirts Exports to various countries worldwide Reputation and Commitment: Nahar Spinning Mills Limited has earned a reputation for providing high-quality textile products. The company is committed to sustainability and uses eco-friendly practices in its operations.Nahar Spinning Mills Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 895.14 Crore | Market valuation of Nahar Spinning Mills's shares. |
| Revenue (TTM) | 3,136.42 Crore | Total revenue generated by Nahar Spinning Mills over the past twelve months. |
| Net Income (TTM) | -26.93 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +3.6% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -0.86% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+9.9% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
77.7 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,151.01 Crore | Sum of Nahar Spinning Mills's current & long-term financial obligations. |
| Total Cash | 1.54 Crore | Total amount of liquid funds available to Nahar Spinning Mills. |
| Beta | 0.85 | Beta is less than 1 indicating that the Nahar Spinning Mills's price is less volatile than the market. |
Is Nahar Spinning Mills 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.
