Nandan Denim (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
|
Nandan Denim Limited |
|||
|
Price: ₹5.01 | ||
| 52 Week Low: ₹2.62 52 Week High: ₹7.35 |
|||
| Market Capital: 781.27 Crore (Smallcap) | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Nandan Denim Share Price Target For 2024
- 1.1.1: Nandan Denim Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Nandan Denim Share Price Target For 2025
- 1.2.1: Nandan Denim Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Nandan Denim Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Nandan Denim Brief Company Overview
- 4: Nandan Denim Financial Performance
- 4.0.1: Is Nandan Denim A Good Buy For Long Term?
To predict the Nandan Denim'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
Nandan Denim Share Price Target For 2024
The line chart displays the monthly closing prices of Nandan Denim 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 Nandan Denim shares in 2024, see the table below.
Nandan Denim Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 5.33 (+6.38%) | Price Action: 05 Dec 2024 High |
| 2024 Target 2 | 5.26 (+4.99%) | Price Action: 19 Dec 2024 High |
| 2024 Target 1 | 5.19 (+3.59%) | Price Action: Nov 2017 Low |
| Current Price | 5.01 | Nandan Denim's share price as of 20 Dec 2024 |
| Stop Loss 1 | 4.93 (-1.60%) | Price Action: Dec 2017 Low |
| Stop Loss 2 | 4.87 (-2.80%) | Price Action: 23 Oct 2024 Low |
| Stop Loss 3 | 4.82 (-3.80%) | Technical Indicator: MA200 |
Short-Term Technical Outlook
Current Technical Position: Nandan Denim is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹5.15 serves as the nearest technical reference point.
Historical Returns: 3-month: -24.89% | 6-month: +4.59% | 1-year: +87.64%
Nandan Denim Share Price Target For 2025
The line chart displays the monthly closing prices of Nandan Denim 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 Nandan Denim shares in 2025, see the table below.
Nandan Denim Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 8.32 (+66.06%) | Price Action: Chart |
| 2025 Target 2 | 8.16 (+62.87%) | Price Action: Chart |
| 2025 Target 1 | 8.08 (+61.27%) | Fibonacci Extension Level 64.90% |
| Current Price | 5.01 | Nandan Denim's share price as of 20 Dec 2024 |
| Stop Loss 1 | 4.3 (-14.18%) | Price Action: Jul 2016 High |
| Stop Loss 2 | 4.26 (-14.98%) | Price Action: Chart |
| Stop Loss 3 | 4.18 (-16.57%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Nandan Denim is currently trading at 50.5% of its 52-week range (₹2.62 - ₹7.35).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +87.64% | 3-year: +25.88% | 5-year: +401.00%
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Nandan Denim Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹5.01 | ||
| 2024 | ₹11.09 | +121.36% | ₹12.77 |
| 2025 | ₹6.67 | -39.86% | ₹9.89 |
| 2026 | ₹33.30 | +399.25% | ₹33.80 |
| 2027 | ₹33.08 | -0.66% | ₹33.58 |
| 2028 | ₹30.32 | -8.34% | ₹32.95 |
| 2029 | ₹27.63 | -8.87% | ₹32.40 |
| 2030 | ₹28.61 | +3.55% | ₹31.72 |
| 2031 | ₹30.61 | +6.99% | ₹31.07 |
| 2032 | ₹30.36 | -0.82% | ₹30.82 |
| 2033 | ₹27.79 | -8.47% | ₹30.24 |
| 2034 | ₹25.28 | -9.03% | ₹29.68 |
| 2035 | ₹26.14 | +3.40% | ₹29.00 |
| 2036 | ₹27.91 | +6.77% | ₹28.33 |
| 2037 | ₹27.64 | -0.97% | ₹28.05 |
| 2038 | ₹25.25 | -8.65% | ₹27.52 |
| 2039 | ₹26.96 | +6.77% | ₹27.36 |
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.
Nandan Denim Brief Company Overview
Company Overview Nandan Denim Limited is a leading manufacturer and exporter of denim and cotton fabrics, yarns, and garments in India. Established in 1994, the company has a diverse product range that includes grey cotton fabrics, khakis, denims, ready-to-wear garments,...
denim twills, broken twills, and stretch bull denim. With a global presence, Nandan Denim has earned a reputation for high-quality products and commitment to innovation.Nandan Denim Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 781.27 Crore | Market valuation of Nandan Denim's shares. |
| Revenue (TTM) | 2,613.17 Crore | Total revenue generated by Nandan Denim over the past twelve months. |
| Net Income (TTM) | +513,320,992.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +2.22% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +1.96% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+105.20% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+7.00% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
51.19 | Company's total debt divided by total shareholder equity. |
| Total Debt | 307.93 Crore | Sum of Nandan Denim's current & long-term financial obligations. |
| Total Cash | 24.02 Crore | Total amount of liquid funds available to Nandan Denim. |
| Beta | 0.87 | Beta is less than 1 indicating that the Nandan Denim's price is less volatile than the market. |
Is Nandan Denim A Good Buy For Long Term?
No valid response content found
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.
