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ORISSAMINE Share Price Target 2024, 2025, 2026 to 2039 With Charts
The Orissa Minerals Development Company Limited | |||
 | Symbol: ORISSAMINE | ||
| Price: ₹7,250.45 | |||
| Exchange: NSE | |||
| Basic Materials -> Other Industrial Metals & Mining | |||
Show Table of Contents
Table of Contents
- 1: ORISSAMINE Brief Company Overview
- 1.1: Orissa Minerals Development Company Limited: A Mining and Ore Powerhouse
- 1.2: ORISSAMINE Financial Performance
- 1.2.1: Is ORISSAMINE A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: ORISSAMINE Share Price Target For 2024
- 2.1.1: ORISSAMINE Share Price Target Table For 2024
- 2.1.2: Summary: ORISSAMINE Share Price Prediction For 2024
- 2.2: ORISSAMINE Share Price Target For 2025
- 2.2.1: ORISSAMINE Share Price Target Table For 2025
- 2.2.2: Summary: ORISSAMINE Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: ORISSAMINE Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: ORISSAMINE Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: ORISSAMINE Past Performance
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.
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ORISSAMINE Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,554.48 Crore | Market valuation of ORISSAMINE's shares. |
| Revenue (TTM) | 55.26 Crore | Total revenue generated by ORISSAMINE over the past twelve months. |
| Net Income (TTM) | -10.54 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 33.34% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -19.09% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +257.7% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | -3.78 | Company's total debt divided by total shareholder equity. |
| Total Debt | 97.33 Crore | Sum of ORISSAMINE's current & long-term financial obligations. |
| Total Cash | 72.34 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?
ORISSAMINE's recent performance, with a 180.29% return in the past year and a remarkable 662.72% return over the past five years, suggests strong growth potential. However, the company's current financial health is concerning, with a substantial debt of 97.33 Crore and a negative net profit of 10.54 Crore in the last 12 months. Despite the impressive growth history, the lack of profitability and high debt make it a risky investment for long-term holding.
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.
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ORISSAMINE Share Price Target Table For 2024
| ORISSAMINE's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 7740.60 (+6.76%) | Price Action: 24 Jun 2024 High |
| 2024 Target 2 | 7645.00 (+5.44%) | Price Action: Oct 2010 High |
| 2024 Target 1 | 7550.00 (+4.13%) | Price Action: Feb 2024 High |
| Current Price | 7250.45 | ORISSAMINE's 1 share price as of Tue 02 Jul 2024 |
| Stop Loss 1 | 7114.85 (-1.88%) | Price Action: 01 Jul 2024 Low |
| Stop Loss 2 | 7030.00 (-3.05%) | Price Action: Jun 2024 Low |
| Stop Loss 3 | 6950.50 (-4.14%) | Price Action: 27 Jun 2024 Low |
Summary: ORISSAMINE Share Price Prediction For 2024
In summary, ORISSAMINE has surged by ₹156.50, achieving a notable +2.21% increase from 1st January 2024 to 02 Jul 2024. Our analysis of ORISSAMINE for 2024 predicts an additional rise of 4.13% to 6.76% by the end of 2024 with three potential targets T1: 7550.00, T2: 7645.00, T3: 7740.60. Stop Loss at SL1: 7114.85, SL2: 7030.00, SL3: 6950.50.
ORISSAMINE has a 52-week high of ₹8500.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹3350.05, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for ORISSAMINE.
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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.
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ORISSAMINE Share Price Target Table For 2025
| ORISSAMINE's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 11584.50 (+59.77%) | Price Action: Chart |
| 2025 Target 2 | 11368.50 (+56.79%) | Fibonacci Extension Level 150% |
| 2025 Target 1 | 11178.30 (+54.17%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 7250.45 | ORISSAMINE's 1 share price as of Tue 02 Jul 2024 |
| Stop Loss 1 | 6355.50 (-12.35%) | Price Action: Nov 2010 Low |
| Stop Loss 2 | 6286.88 (-13.29%) | Price Action: Jan 2011 High |
| Stop Loss 3 | 6173.72 (-14.86%) | Price Action: Chart |
Summary: ORISSAMINE Share Price Prediction For 2025
In summary, ORISSAMINE has surged by ₹156.50, achieving a notable +2.21% increase from 1st January 2024 to 02 Jul 2024. Our analysis of ORISSAMINE for 2025 predicts an additional rise of 54.17% to 59.77% by the end of 2025 with three potential targets T1: 11178.30, T2: 11368.50, T3: 11584.50. Stop Loss at SL1: 6355.50, SL2: 6286.88, SL3: 6173.72.
ORISSAMINE has a All-Time high of ₹9220.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹3350.05, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for ORISSAMINE, we have created a specific page for that check here: ORISSAMINE Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
ORISSAMINE Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of ORISSAMINE share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 9.68% over the next 15 years.
For complete year by year ORISSAMINE long term share price target from 2024, 2025 to 2039 check the below table.
ORISSAMINE Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | ORISSAMINE Target | YoY Change % |
|---|---|---|
| 2024 | ₹7,250.45 | [Current Price] |
| 2024 | ₹8,220.24 | 13.37% |
| 2025 | ₹9,237.9 | 12.37% |
| 2026 | ₹10,917.29 | 18.17% |
| 2027 | ₹12,653.47 | 15.9% |
| 2028 | ₹14,283.77 | 12.88% |
| 2029 | ₹16,186.31 | 13.31% |
| 2030 | ₹16,736.75 | 3.4% |
| 2031 | ₹18,541.59 | 10.78% |
| 2032 | ₹20,407.27 | 10.06% |
| 2033 | ₹22,080.98 | 8.2% |
| 2034 | ₹24,152.38 | 9.38% |
| 2035 | ₹24,235.61 | 0.34% |
| 2036 | ₹26,165.89 | 7.96% |
| 2037 | ₹28,161.06 | 7.62% |
| 2038 | ₹29,878.19 | 6.09% |
| 2039 | ₹29,978.03 | 0.33% |
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ORISSAMINE Past Performance
- In 2010, ORISSAMINE opening price was ₹3,687.31
- As of Tue 02 Jul 2024 the price stands at ₹7,250.45.
- This represents a Compound Annual Growth Rate (CAGR) of 4.61%.
- In 14 years, an investment of 10,000 would have become ₹19,663.25.
As we wrap up, we hope you like our study on ORISSAMINE share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- ORISSAMINE Share Price History
- ORISSAMINE Price Target Tomorrow
- ORISSAMINE Dividend History
- ORISSAMINE Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
