North Eastern Carrying (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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North Eastern Carrying Corporation Limited |
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Price: ₹35.17 | ||
| 52 Week Low: ₹21.95 52 Week High: ₹44.44 |
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| Market Capital: 340.8 Crore (Smallcap) | |||
| Industrials -> Trucking | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: North Eastern Carrying Share Price Target For 2024
- 1.1.1: North Eastern Carrying Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: North Eastern Carrying Share Price Target For 2025
- 1.2.1: North Eastern Carrying Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: North Eastern Carrying Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: North Eastern Carrying Brief Company Overview
- 4: North Eastern Carrying Financial Performance
- 4.0.1: Is North Eastern Carrying A Good Buy For Long Term?
To predict the North Eastern Carrying'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
North Eastern Carrying Share Price Target For 2024
The line chart displays the monthly closing prices of North Eastern Carrying 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 North Eastern Carrying shares in 2024, see the table below.
North Eastern Carrying Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 36.99 (+5.17%) | Price Action: 16 Aug 2024 High |
| 2024 Target 2 | 36.6 (+4.05%) | Price Action: Dec 2017 High |
| 2024 Target 1 | 36.19 (+2.9%) | Price Action: 22 Aug 2024 High |
| Current Price | 35.17 | North Eastern Carrying's share price as of 26 Dec 2024 |
| Stop Loss 1 | 34.7 (-1.34%) | Price Action: Sep 2024 High |
| Stop Loss 2 | 34.35 (-2.34%) | Price Action: 16 Aug 2024 Low |
| Stop Loss 3 | 34.0 (-3.33%) | Price Action: Nov 2023 High |
Short-Term Technical Outlook
Current Technical Position: North Eastern Carrying is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹34.78 serves as the nearest technical reference point.
Historical Returns: 3-month: +10.81% | 6-month: +36.15% | 1-year: +22.76%
North Eastern Carrying Share Price Target For 2025
The line chart displays the monthly closing prices of North Eastern Carrying 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 North Eastern Carrying shares in 2025, see the table below.
North Eastern Carrying Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 51.2 (+45.57%) | Price Action: Chart |
| 2025 Target 2 | 50.25 (+42.87%) | Price Action: Chart |
| 2025 Target 1 | 49.75 (+41.45%) | Fibonacci Extension Level 123.60% |
| Current Price | 35.17 | North Eastern Carrying's share price as of 26 Dec 2024 |
| Stop Loss 1 | 31.8 (-9.59%) | Price Action: 04 Dec 2023 High |
| Stop Loss 2 | 31.47 (-10.53%) | Price Action: 01 Nov 2024 Low |
| Stop Loss 3 | 31.15 (-11.44%) | Price Action: 25 Sep 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: North Eastern Carrying is currently trading at 58.8% of its 52-week range (₹21.95 - ₹44.44).
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: +22.76% | 3-year: +85.11% | 5-year: +569.9%
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Approach 2: Machine Learning By Studying Historical Prices
North Eastern Carrying Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹35.17 | ||
| 2024 | ₹33.92 | -3.55% | ₹34.43 |
| 2025 | ₹41.05 | +21.02% | ₹44.09 |
| 2026 | ₹55.29 | +34.68% | ₹56.12 |
| 2027 | ₹65.12 | +17.77% | ₹66.10 |
| 2028 | ₹73.93 | +13.52% | ₹75.04 |
| 2029 | ₹74.60 | +0.9% | ₹77.69 |
| 2030 | ₹80.76 | +8.25% | ₹88.89 |
| 2031 | ₹100.09 | +23.93% | ₹101.59 |
| 2032 | ₹110.54 | +10.44% | ₹112.20 |
| 2033 | ₹119.18 | +7.81% | ₹120.97 |
| 2034 | ₹115.27 | -3.28% | ₹122.50 |
| 2035 | ₹120.47 | +4.51% | ₹133.70 |
| 2036 | ₹144.90 | +20.27% | ₹147.07 |
| 2037 | ₹155.96 | +7.63% | ₹158.30 |
| 2038 | ₹164.43 | +5.43% | ₹166.90 |
| 2039 | ₹147.40 | -10.35% | ₹167.32 |
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.
North Eastern Carrying Brief Company Overview
North Eastern Carrying Corporation Limited: A Comprehensive Overview North Eastern Carrying Corporation Limited, established in 1984 and headquartered in Delhi, India, is a leading provider of comprehensive transportation, freight management, and logistics solutions. ...
With a network of approximately 187 branches spanning India, Nepal, Bhutan, and Bangladesh, the company offers a diverse range of services: Small parcels Full truck load Bulk movements Over dimensional consignments Containerized movement of cargos Warehousing Third party logistics Storage facilities Supply chain solutions North Eastern Carrying Corporation Limited is renowned for its commitment to excellence and innovation, constantly striving to meet the evolving needs of its clientele.North Eastern Carrying Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 340.8 Crore | Market valuation of North Eastern Carrying's shares. |
| Revenue (TTM) | 337 Crore | Total revenue generated by North Eastern Carrying over the past twelve months. |
| Net Income (TTM) | +11.92 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +7.16% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +3.54% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+11% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+149% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
43.98 | Company's total debt divided by total shareholder equity. |
| Total Debt | 94.66 Crore | Sum of North Eastern Carrying's current & long-term financial obligations. |
| Total Cash | 12.38 Crore | Total amount of liquid funds available to North Eastern Carrying. |
| Beta | 1.23 | Beta is greater than 1 indicating that the North Eastern Carrying's price is more volatile than the market. |
Is North Eastern Carrying 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.
