Nitiraj Engineers (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Nitiraj Engineers Limited |
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Price: ₹223.26 | ||
| 52 Week Low: ₹109.10 52 Week High: ₹303.00 |
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| Market Capital: 218.31 Crore (Smallcap) | |||
| Technology -> Scientific & Technical Instruments | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Nitiraj Engineers Share Price Target For 2024
- 1.1.1: Nitiraj Engineers Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Nitiraj Engineers Share Price Target For 2025
- 1.2.1: Nitiraj Engineers Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Nitiraj Engineers Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Nitiraj Engineers Brief Company Overview
- 4: Nitiraj Engineers Financial Performance
- 4.0.1: Is Nitiraj Engineers A Good Buy For Long Term?
To predict the Nitiraj Engineers'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
Nitiraj Engineers Share Price Target For 2024
The line chart displays the monthly closing prices of Nitiraj Engineers 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 Nitiraj Engineers shares in 2024, see the table below.
Nitiraj Engineers Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 239.99 (+7.49%) | Price Action: 17 Dec 2024 High |
| 2024 Target 2 | 237.54 (+6.39%) | Price Action: May 2024 High |
| 2024 Target 1 | 232.89 (+4.3%) | Price Action: 08 Nov 2024 Low |
| Current Price | 223.26 | Nitiraj Engineers's share price as of 23 Dec 2024 |
| Stop Loss 1 | 218.04 (-2.34%) | Price Action: 13 Dec 2024 Low |
| Stop Loss 2 | 215.63 (-3.42%) | Technical Indicator: MA250 |
| Stop Loss 3 | 213.0 (-4.59%) | Price Action: 13 Nov 2024 High |
Short-Term Technical Outlook
Current Technical Position: Nitiraj Engineers is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹228.22 serves as the nearest technical reference point.
Historical Returns: 3-month: -10.19% | 6-month: -9.36% | 1-year: +92.42%
Nitiraj Engineers Share Price Target For 2025
The line chart displays the monthly closing prices of Nitiraj Engineers 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 Nitiraj Engineers shares in 2025, see the table below.
Nitiraj Engineers Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 356.94 (+59.87%) | Price Action: Chart |
| 2025 Target 2 | 350.28 (+56.89%) | Price Action: Chart |
| 2025 Target 1 | 346.81 (+55.33%) | Fibonacci Extension Level 123.60% |
| Current Price | 223.26 | Nitiraj Engineers's share price as of 23 Dec 2024 |
| Stop Loss 1 | 191.19 (-14.37%) | Price Action: Apr 2024 High |
| Stop Loss 2 | 189.28 (-15.22%) | Price Action: Chart |
| Stop Loss 3 | 186.23 (-16.59%) | Price Action: 14 Nov 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Nitiraj Engineers is currently trading at 58.9% of its 52-week range (₹109.1 - ₹303).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +92.42% | 3-year: +193.51% | 5-year: +231.61%
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Approach 2: Machine Learning By Studying Historical Prices
Nitiraj Engineers Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹223.26 | ||
| 2024 | ₹253.20 | +13.41% | ₹257.00 |
| 2025 | ₹335.06 | +32.33% | ₹340.09 |
| 2026 | ₹408.78 | +22% | ₹414.91 |
| 2027 | ₹438.48 | +7.26% | ₹445.06 |
| 2028 | ₹490.11 | +11.77% | ₹497.46 |
| 2029 | ₹554.79 | +13.19% | ₹576.80 |
| 2030 | ₹657.38 | +18.49% | ₹667.24 |
| 2031 | ₹738.57 | +12.35% | ₹749.65 |
| 2032 | ₹743.07 | +0.6% | ₹754.22 |
| 2033 | ₹789.04 | +6.18% | ₹821.01 |
| 2034 | ₹856.38 | +8.53% | ₹903.46 |
| 2035 | ₹979.69 | +14.39% | ₹994.39 |
| 2036 | ₹1,068.35 | +9.04% | ₹1,084.38 |
| 2037 | ₹1,047.66 | -1.93% | ₹1,063.37 |
| 2038 | ₹1,087.96 | +3.84% | ₹1,150.80 |
| 2039 | ₹1,132.77 | +4.11% | ₹1,233.24 |
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.
Nitiraj Engineers Brief Company Overview
Nitiraj Engineers Limited: A Comprehensive Overview Established in 1989, Nitiraj Engineers Limited is a leading manufacturer of electronic weighing scales, currency counting machines, and fare meters for both industrial and domestic sectors in India and internationally. ...
Their diverse product range includes: Electronic weighing scales Currency counting machines Digital fare meters Home and hotel automation solutions Mechanical scales Nitiraj Engineers Limited's products are marketed under the Phoenix brand name through a network of dealers. With a strong reputation in the industry, the company is committed to providing innovative and reliable solutions to its customers.Nitiraj Engineers Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 218.31 Crore | Market valuation of Nitiraj Engineers's shares. |
| Revenue (TTM) | 92.99 Crore | Total revenue generated by Nitiraj Engineers over the past twelve months. |
| Net Income (TTM) | +9.51 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -57.17% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +10.23% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-63.5% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
0.29 | Company's total debt divided by total shareholder equity. |
| Total Debt | 23.26 Lakh | Sum of Nitiraj Engineers's current & long-term financial obligations. |
| Total Cash | 14.21 Crore | Total amount of liquid funds available to Nitiraj Engineers. |
| Beta | 0.16 | Beta is less than 1 indicating that the Nitiraj Engineers's price is less volatile than the market. |
Is Nitiraj Engineers 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.
