Paras Petrofils (Small Cap) Share Target 2024, 2025 To 2039
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Paras Petrofils Limited |
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Price: ₹2.98 | ||
| 52 Week Low: ₹2.15 52 Week High: ₹4.63 |
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| Market Capital: 110.29 Crore (Smallcap) | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Paras Petrofils Share Price Target For 2024
- 1.1.1: Paras Petrofils Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Paras Petrofils Share Price Target For 2025
- 1.2.1: Paras Petrofils Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Paras Petrofils Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Paras Petrofils Brief Company Overview
- 4: Paras Petrofils Financial Performance
- 4.0.1: Is Paras Petrofils A Good Buy For Long Term?
To predict the Paras Petrofils'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
Paras Petrofils Share Price Target For 2024
The line chart displays the monthly closing prices of Paras Petrofils 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 Paras Petrofils shares in 2024, see the table below.
Paras Petrofils Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 3.13 (+5.03%) | Price Action: 09 Oct 2024 High |
| 2024 Target 2 | 3.09 (+3.69%) | Price Action: 23 Dec 2024 High |
| 2024 Target 1 | 3.04 (+2%) | Price Action: 27 Nov 2024 High |
| Current Price | 2.98 | Paras Petrofils's share price as of 26 Dec 2024 |
| Stop Loss 1 | 2.95 (-1.01%) | Price Action: Jan 2024 High |
| Stop Loss 2 | 2.91 (-2.35%) | Price Action: 23 Dec 2024 Low |
| Stop Loss 3 | 2.87 (-3.7%) | Fibonacci Retracement Level 98.60% |
Short-Term Technical Outlook
Current Technical Position: Paras Petrofils is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹3.02 serves as the nearest technical reference point.
Historical Returns: 3-month: -16.05% | 6-month: -19.68% | 1-year: +35.45%
Paras Petrofils Share Price Target For 2025
The line chart displays the monthly closing prices of Paras Petrofils 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 Paras Petrofils shares in 2025, see the table below.
Paras Petrofils Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 4.68 (+57.04%) | Price Action: Chart |
| 2025 Target 2 | 4.59 (+54.02%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 4.49 (+50.67%) | Price Action: 14 Jun 2024 High |
| Current Price | 2.98 | Paras Petrofils's share price as of 26 Dec 2024 |
| Stop Loss 1 | 2.6 (-12.76%) | Price Action: 20 Oct 2023 High |
| Stop Loss 2 | 2.55 (-14.43%) | Price Action: 19 Oct 2023 High |
| Stop Loss 3 | 2.5 (-16.11%) | Price Action: 18 Oct 2023 High |
Long-Term Technical Outlook
52-Week Range Analysis: Paras Petrofils is currently trading at 33.5% of its 52-week range (₹2.15 - ₹4.63).
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: +35.45% | 3-year: -98.15% | 5-year: -98.3%
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Approach 2: Machine Learning By Studying Historical Prices
Paras Petrofils Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹2.98 | ||
| 2024 | ₹4.70 | +57.71% | ₹4.77 |
| 2025 | ₹8.01 | +70.42% | ₹8.13 |
| 2026 | ₹11.40 | +42.32% | ₹11.57 |
| 2027 | ₹15.38 | +34.91% | ₹15.61 |
| 2028 | ₹17.94 | +16.64% | ₹18.21 |
| 2029 | ₹21.41 | +19.34% | ₹21.73 |
| 2030 | ₹24.65 | +15.13% | ₹25.02 |
| 2031 | ₹28.15 | +14.19% | ₹28.57 |
| 2032 | ₹32.84 | +16.66% | ₹33.33 |
| 2033 | ₹34.53 | +5.14% | ₹35.05 |
| 2034 | ₹38.13 | +10.42% | ₹38.70 |
| 2035 | ₹41.29 | +8.28% | ₹41.91 |
| 2036 | ₹44.89 | +8.71% | ₹45.93 |
| 2037 | ₹50.29 | +12.02% | ₹51.04 |
| 2038 | ₹51.12 | +1.65% | ₹51.89 |
| 2039 | ₹54.58 | +6.76% | ₹55.40 |
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.
Paras Petrofils Brief Company Overview
Company Overview: Paras Petrofils Limited Paras Petrofils Limited is an Indian company incorporated in 1991. Previously engaged in manufacturing nylon and polyester yarns and trading fabrics, the company currently has no significant operations. Key Details: Industry: Textile...
Manufacturing Incorporation: 1991 Headquarters: Surat, India While Paras Petrofils Limited's current operations are limited, its past involvement in the textile industry suggests a commitment to providing quality products.Paras Petrofils Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 110.29 Crore | Market valuation of Paras Petrofils's shares. |
| Net Income (TTM) | +56.5 Lakh | Net Profit or Loss after all the expenses over the past twelve months. |
| Earnings Growth (YOY Quarterly) |
+166.3% | Change in earnings compared to the same quarter last year. |
| Total Cash | 1.29 Lakh | Total amount of liquid funds available to Paras Petrofils. |
| Beta | -1.1 | Beta is less than 1 indicating that the Paras Petrofils's price is less volatile than the market. |
Is Paras Petrofils A Good Buy For Long Term?
Paras Petrofils, with a market cap of INR 110.29 Crore, has shown impressive earnings growth of 166.3% year-over-year in Q3-2023-24. Its strong returns over various timeframes, including 266.66% in the past 12 months and 49.99% YTD, indicate a bullish trend. However, its negative returns over the past 3 and 5 years (-97.50% and -97.20%, respectively) suggest historical volatility. Based on the recent performance and positive earnings growth, Paras Petrofils could be considered an average buy for long-term investment, but investors should be aware of its historical volatility and proceed with caution.
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.
