ORISSAMINE (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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The Orissa Minerals Development Company Limited |
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Price: ₹7,399.45 | ||
| 52 Week Low: ₹4,734.05 52 Week High: ₹9,721.05 |
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| Market Capital: 4,806.87 Crore (Smallcap) | |||
| Basic Materials -> Other Industrial Metals & Mining | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: ORISSAMINE Share Price Target For 2024
- 1.1.1: ORISSAMINE Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: ORISSAMINE Share Price Target For 2025
- 1.2.1: ORISSAMINE Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: ORISSAMINE Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: ORISSAMINE Brief Company Overview
- 4: ORISSAMINE Financial Performance
- 4.0.1: Is ORISSAMINE A Good Buy For Long Term?
To predict the ORISSAMINE'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
ORISSAMINE Share Price Target For 2024
The line chart displays the monthly closing prices of ORISSAMINE 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 ORISSAMINE shares in 2024, see the table below.
ORISSAMINE Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 7599.0 (+2.69%) | Price Action: Jan 2024 High |
| 2024 Target 2 | 7522.6 (+1.66%) | Price Action: 20 Dec 2024 High |
| 2024 Target 1 | 7445.75 (+0.62%) | Price Action: 19 Nov 2024 Low |
| Current Price | 7399.45 | ORISSAMINE's share price as of 20 Dec 2024 |
| Stop Loss 1 | 7305.05 (-1.28%) | Price Action: Nov 2024 Low |
| Stop Loss 2 | 7230.0 (-2.30%) | Price Action: Apr 2024 High |
| Stop Loss 3 | 7089.17 (-4.20%) | Fibonacci Retracement Level 40.00% |
Short-Term Technical Outlook
Current Technical Position: ORISSAMINE is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹7623.98 serves as the nearest technical reference point.
Historical Returns: 3-month: -19.87% | 6-month: +4.13% | 1-year: +4.31%
ORISSAMINE Share Price Target For 2025
The line chart displays the monthly closing prices of ORISSAMINE 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 ORISSAMINE shares in 2025, see the table below.
ORISSAMINE Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 10897.97 (+47.28%) | Fibonacci Extension Level 123.60% |
| 2025 Target 2 | 10692.43 (+44.50%) | Price Action: Chart |
| 2025 Target 1 | 10586.56 (+43.07%) | Fibonacci Extension Level 64.90% |
| Current Price | 7399.45 | ORISSAMINE's share price as of 20 Dec 2024 |
| Stop Loss 1 | 6499.0 (-12.17%) | Price Action: Nov 2023 Low |
| Stop Loss 2 | 6430.0 (-13.11%) | Price Action: Feb 2024 Low |
| Stop Loss 3 | 6342.79 (-14.29%) | Price Action: Jul 2011 High |
Long-Term Technical Outlook
52-Week Range Analysis: ORISSAMINE is currently trading at 53.4% of its 52-week range (₹4734.05 - ₹9721.05).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +4.31% | 3-year: +222.16% | 5-year: +477.41%
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Approach 2: Machine Learning By Studying Historical Prices
ORISSAMINE Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹7,399.45 | ||
| 2024 | ₹9,289.28 | +25.54% | ₹9,428.62 |
| 2025 | ₹11,080.51 | +19.28% | ₹11,246.72 |
| 2026 | ₹13,892.24 | +25.38% | ₹14,100.62 |
| 2027 | ₹16,596.05 | +19.46% | ₹16,844.99 |
| 2028 | ₹19,221.18 | +15.82% | ₹19,678.89 |
| 2029 | ₹22,224.48 | +15.62% | ₹22,557.85 |
| 2030 | ₹23,148.94 | +4.16% | ₹23,740.94 |
| 2031 | ₹26,316.65 | +13.68% | ₹26,711.40 |
| 2032 | ₹29,186.56 | +10.91% | ₹29,624.36 |
| 2033 | ₹31,882.19 | +9.24% | ₹32,932.40 |
| 2034 | ₹35,159.67 | +10.28% | ₹35,687.07 |
| 2035 | ₹35,217.37 | +0.16% | ₹36,245.77 |
| 2036 | ₹38,741.07 | +10.01% | ₹39,559.15 |
| 2037 | ₹41,777.06 | +7.84% | ₹42,872.52 |
| 2038 | ₹44,543.19 | +6.62% | ₹46,185.90 |
| 2039 | ₹42,932.52 | -3.62% | ₹45,590.65 |
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.
ORISSAMINE Brief Company Overview
Orissa Minerals Development Company Limited: A Mining and Ore Powerhouse Established in 1918 and headquartered in Bhubaneswar, the Orissa Minerals Development Company Limited (OMDC) is a leading player in the mining and marketing of iron ore and manganese ore in India....
The company has a substantial market presence, catering to the needs of various industries. Key Products and Services: Mining and marketing of iron ore and manganese ore, producing and selling sponge iron. Reputation and Commitment: OMDC has a strong reputation for quality and reliability, earning it a loyal customer base. The company is committed to sustainable mining practices and environmental preservation. Diverse Product Range: In addition to its core mining operations, OMDC offers a diverse range of products, including ferroalloys, steel, and other value-added products, meeting the diverse needs of its customers.ORISSAMINE Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 4,806.87 Crore | Market valuation of ORISSAMINE's shares. |
| Revenue (TTM) | 92.75 Crore | Total revenue generated by ORISSAMINE over the past twelve months. |
| Net Income (TTM) | +156,540,000.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +18.24% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +16.87% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+308.20% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
-0.82 | Company's total debt divided by total shareholder equity. |
| Total Debt | 8.77 Crore | Sum of ORISSAMINE's current & long-term financial obligations. |
| Total Cash | 24.72 Crore | Total amount of liquid funds available to ORISSAMINE. |
| Beta | 0.94 | Beta is less than 1 indicating that the ORISSAMINE's price is less volatile than the market. |
Is ORISSAMINE 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.
