Nelcast (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Nelcast Limited |
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Price: ₹126.73 | ||
| 52 Week Low: ₹105.21 52 Week High: ₹175.60 |
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| Market Capital: 981.16 Crore (Smallcap) | |||
| Industrials -> Metal Fabrication | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Nelcast Share Price Target For 2024
- 1.1.1: Nelcast Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Nelcast Share Price Target For 2025
- 1.2.1: Nelcast Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Nelcast Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Nelcast Brief Company Overview
- 4: Nelcast Financial Performance
- 4.0.1: Is Nelcast A Good Buy For Long Term?
To predict the Nelcast'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
Nelcast Share Price Target For 2024
The line chart displays the monthly closing prices of Nelcast 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 Nelcast shares in 2024, see the table below.
Nelcast Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 133.05 (+4.98%) | Price Action: 13 Dec 2024 High |
| 2024 Target 2 | 131.21 (+3.53%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 129.89 (+2.49%) | Price Action: Sep 2024 Low |
| Current Price | 126.73 | Nelcast's share price as of 20 Dec 2024 |
| Stop Loss 1 | 125.01 (-1.36%) | Price Action: 13 Dec 2024 Low |
| Stop Loss 2 | 123.52 (-2.54%) | Price Action: 04 Dec 2024 Low |
| Stop Loss 3 | 121.5 (-4.13%) | Price Action: 04 Nov 2024 High |
Short-Term Technical Outlook
Current Technical Position: Nelcast is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹121.63 serves as the nearest technical reference point.
Historical Returns: 3-month: -7.48% | 6-month: -15.07% | 1-year: -19.52%
Nelcast Share Price Target For 2025
The line chart displays the monthly closing prices of Nelcast 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 Nelcast shares in 2025, see the table below.
Nelcast Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 182.22 (+43.78%) | Price Action: Chart |
| 2025 Target 2 | 178.82 (+41.10%) | Fibonacci Extension Level 100.00% |
| 2025 Target 1 | 174.67 (+37.82%) | Fibonacci Extension Level 64.90% |
| Current Price | 126.73 | Nelcast's share price as of 20 Dec 2024 |
| Stop Loss 1 | 115.77 (-8.65%) | Price Action: 29 Oct 2024 Low |
| Stop Loss 2 | 114.45 (-9.69%) | Price Action: 25 Nov 2024 High |
| Stop Loss 3 | 113.03 (-10.82%) | Price Action: Jul 2023 High |
Long-Term Technical Outlook
52-Week Range Analysis: Nelcast is currently trading at 30.6% of its 52-week range (₹105.21 - ₹175.6).
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: -19.52% | 3-year: +59.17% | 5-year: +148.34%
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Approach 2: Machine Learning By Studying Historical Prices
Nelcast Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹126.73 | ||
| 2024 | ₹124.19 | -2.00% | ₹126.05 |
| 2025 | ₹109.90 | -11.51% | ₹124.77 |
| 2026 | ₹99.54 | -9.43% | ₹101.03 |
| 2027 | ₹89.68 | -9.91% | ₹94.90 |
| 2028 | ₹89.95 | +0.30% | ₹91.30 |
| 2029 | ₹81.09 | -9.85% | ₹93.53 |
| 2030 | ₹117.99 | +45.50% | ₹131.16 |
| 2031 | ₹122.38 | +3.72% | ₹128.34 |
| 2032 | ₹116.51 | -4.80% | ₹122.63 |
| 2033 | ₹107.02 | -8.15% | ₹125.52 |
| 2034 | ₹113.69 | +6.23% | ₹122.70 |
| 2035 | ₹107.77 | -5.21% | ₹119.88 |
| 2036 | ₹111.59 | +3.54% | ₹117.06 |
| 2037 | ₹106.06 | -4.96% | ₹107.65 |
| 2038 | ₹97.24 | -8.32% | ₹99.32 |
| 2039 | ₹103.35 | +6.28% | ₹111.42 |
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.
Nelcast Brief Company Overview
Nelcast Limited: A Leading Manufacturer in Iron Castings Founded in 1982, Nelcast Limited is a renowned manufacturer and supplier of ductile and grey iron castings, catering to various industries worldwide. Extensive Product Range Commercial components (bogie suspension...
brackets, engine mounting brackets, etc.) Tractor/farm components (hydraulic lift covers, axle products) Off highway/army components (transmission cases, converter housings) Railway products (brake discs, base plates) SUV/car components (case bodies, drive heads) Powertrain components (gearbox housing, exhaust manifolds) Commitment to Quality Nelcast Limited is committed to delivering high-quality castings and maintaining a strong reputation in the industry.Nelcast Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 981.16 Crore | Market valuation of Nelcast's shares. |
| Revenue (TTM) | 1,245.27 Crore | Total revenue generated by Nelcast over the past twelve months. |
| Net Income (TTM) | +483,676,992.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +5.93% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +3.88% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-6.50% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-41.00% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
57.16 | Company's total debt divided by total shareholder equity. |
| Total Debt | 306.36 Crore | Sum of Nelcast's current & long-term financial obligations. |
| Total Cash | 64.16 Crore | Total amount of liquid funds available to Nelcast. |
Is Nelcast 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.
