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Parmax Pharma Share Price Target 2024, 2025, 2026 to 2039 With Charts

Parmax Pharma Limited

Company LogoSymbol: PARMAX
Price: ₹35.04
Exchange: BSE
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Parmax Pharma Financial Performance

MetricValueDescription
Market Capital11.59 CroreMarket valuation of Parmax Pharma's shares.
Revenue (TTM)15.42 CroreTotal revenue generated by Parmax Pharma over the past twelve months.
Net Income (TTM)-10.4 LakhNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin2.77%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin42.72%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-67.38%Change in revenue compared to the previous quarter.
Debt-to-Equity
(D/E) Ratio
1.72Company's total debt divided by total shareholder equity.
Total Debt5.48 CroreSum of Parmax Pharma's current & long-term financial obligations.

Is Parmax Pharma A Good Buy For Long Term?

While Parmax Pharma's past 5-year returns have been impressive (78.78%), its recent performance raises concerns. With a significant revenue decline (-67.38%), negative profit margin (-42.72%), and substantial debt (5.48 Crore), the company faces challenges that may impact its long-term growth prospects. Given these factors, it is not advisable to consider Parmax Pharma as a strong buy at this time.

To predict the Parmax Pharma'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

Parmax Pharma Share Price Target For 2024

Parmax Pharma Targets For 2024 Chart

The line chart displays the monthly closing prices of Parmax Pharma 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 Parmax Pharma shares in 2024, see the table below.

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Parmax Pharma Share Price Target Table For 2024

Parmax Pharma's LevelsValueReason/Importance
2024 Target 336.60 (+4.45%)Price Action: Oct 2021 Low
2024 Target 236.22 (+3.36%)Custom Fibonacci Extension Lvl 23.6%
2024 Target 135.80 (+2.16%)Price Action: Nov 2023 High
Current Price35.04Parmax Pharma's 1 share price as of Fri 06 Sep 2024
Stop Loss 134.65 (-1.12%)Price Action: 05 Sep 2024 High
Stop Loss 234.04 (-2.86%)Price Action: 19 Aug 2024 Low
Stop Loss 333.50 (-4.4%)Price Action: 05 Sep 2024 Low

Summary: Parmax Pharma Share Price Prediction For 2024

In summary, Parmax Pharma has surged by ₹2.47, achieving a notable +7.58% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Parmax Pharma for 2024 predicts an additional rise of 2.16% to 4.45% by the end of 2024 with three potential targets T1: 35.80, T2: 36.22, T3: 36.60. Stop Loss at SL1: 34.65, SL2: 34.04, SL3: 33.50.

Parmax Pharma has a 52-week high of ₹47.77, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹24.18, 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 Parmax Pharma.

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Parmax Pharma Share Price Target For 2025

Parmax Pharma Targets For 2025 Chart

The line chart displays the monthly closing prices of Parmax Pharma 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 Parmax Pharma shares in 2025, see the table below.

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Parmax Pharma Share Price Target Table For 2025

Parmax Pharma's LevelsValueReason/Importance
2025 Target 345.76 (+30.59%)Price Action: Chart
2025 Target 244.91 (+28.16%)Fibonacci Extension Level 150%
2025 Target 144.01 (+25.59%)Custom Fibonacci Extension Lvl 64.9%
Current Price35.04Parmax Pharma's 1 share price as of Fri 06 Sep 2024
Stop Loss 132.35 (-7.68%)Price Action: 23 Aug 2024 Low
Stop Loss 232.00 (-8.68%)Price Action: May 2024 High
Stop Loss 331.49 (-10.14%)Technical Indicator: MA250

Summary: Parmax Pharma Share Price Prediction For 2025

In summary, Parmax Pharma has surged by ₹2.47, achieving a notable +7.58% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Parmax Pharma for 2025 predicts an additional rise of 25.59% to 30.59% by the end of 2025 with three potential targets T1: 44.01, T2: 44.91, T3: 45.76. Stop Loss at SL1: 32.35, SL2: 32.00, SL3: 31.49.

Parmax Pharma has a All-Time high of ₹81.90, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹24.18, 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 Parmax Pharma, we have created a specific page for that check here: Parmax Pharma Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Parmax Pharma Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Parmax Pharma Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Parmax Pharma share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 10.77% over the next 15 years.

For complete year by year Parmax Pharma long term share price target from 2024, 2025 to 2039 check the below table.

Parmax Pharma Share Price Target Table From 2024, 2025, 2026 to 2039

YearParmax Pharma TargetYoY Change %
2024₹35.04[Current Price]
2024₹39.0311.38%
2025₹45.7617.24%
2026₹57.6525.98%
2027₹62.869.03%
2028₹73.3716.71%
2029₹83.8714.31%
2030₹88.525.54%
2031₹103.0316.39%
2032₹105.612.5%
2033₹117.2911.05%
2034₹128.699.72%
2035₹131.271.99%
2036₹148.4113.05%
2037₹148.36-0.04%
2038₹161.218.66%
2039₹163.331.31%

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Parmax Pharma Past Performance

PARMAX main
Parmax Pharma has been listed on NSE for more than 7 years.
  • In 2017, Parmax Pharma opening price was ₹12.5
  • As of Fri 06 Sep 2024 the price stands at ₹35.04.
  • This represents a Compound Annual Growth Rate (CAGR) of 13.75%.
  • In 7 years, an investment of 10,000 would have become ₹28,032.

As we wrap up, we hope you like our study on Parmax Pharma 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.

For more insights into Parmax Pharma Limited, explore these additional resources:-

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.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter