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Parnax Lab Share Price Target 2024, 2025, 2026 to 2039 With Charts
Parnax Lab Limited | |||
 | Symbol: PARNAXLAB | ||
| Price: ₹145.3 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Parnax Lab Financial Performance
- 0.1.1: Is Parnax Lab A Good Buy For Long Term?
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Parnax Lab Share Price Target For 2024
- 1.1.1: Parnax Lab Share Price Target Table For 2024
- 1.1.2: Summary: Parnax Lab Share Price Prediction For 2024
- 1.2: Parnax Lab Share Price Target For 2025
- 1.2.1: Parnax Lab Share Price Target Table For 2025
- 1.2.2: Summary: Parnax Lab Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Parnax Lab Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Parnax Lab Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Parnax Lab Past Performance
Parnax Lab Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 97.38 Crore | Market valuation of Parnax Lab's shares. |
| Revenue (TTM) | 167.6 Crore | Total revenue generated by Parnax Lab over the past twelve months. |
| Net Income (TTM) | +8.61 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 10.24% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 30.58% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +19.65% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | 0.87 | Company's total debt divided by total shareholder equity. |
| Total Debt | 59.03 Crore | Sum of Parnax Lab's current & long-term financial obligations. |
Is Parnax Lab A Good Buy For Long Term?
Parnax Lab, a small-cap stock with a market capitalization of 94.74 Crore, has shown promising growth with a 19.65% revenue increase in the previous quarter and a 46.44% return over the past 12 months. Its 30.58% profit margin and consistent returns over multiple time frames indicate strong financial performance. Despite a debt of 59.03 Crore, Parnax Lab's growth potential and profitability make it an attractive long-term investment opportunity.
To predict the Parnax Lab'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
Parnax Lab Share Price Target For 2024
The line chart displays the monthly closing prices of Parnax Lab 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 Parnax Lab shares in 2024, see the table below.
Parnax Lab Share Price Target Table For 2024
| Parnax Lab's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 151.27 (+4.1%) | Custom Fibonacci Extension Lvl 50% |
| 2024 Target 2 | 149.00 (+2.54%) | Price Action: 30 Oct 2024 High |
| 2024 Target 1 | 147.25 (+1.34%) | Price Action: Oct 2011 High |
| Current Price | 145.30 | Parnax Lab's 1 share price as of Tue 19 Nov 2024 |
| Stop Loss 1 | 144.17 (-0.78%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 2 | 142.35 (-2.04%) | Price Action: 17 Oct 2024 High |
| Stop Loss 3 | 140.63 (-3.22%) | Fibonacci Retracement Extended 28.2% |
Summary: Parnax Lab Share Price Prediction For 2024
In summary, Parnax Lab has surged by ₹57.14, achieving a notable +64.81% increase from 1st January 2024 to 19 Nov 2024. Our analysis of Parnax Lab for 2024 predicts an additional rise of 1.34% to 4.1% by the end of 2024 with three potential targets T1: 147.25, T2: 149.00, T3: 151.27. Stop Loss at SL1: 144.17, SL2: 142.35, SL3: 140.63.
Parnax Lab has a 52-week high of ₹193.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹80.00, 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 Parnax Lab.
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Parnax Lab Share Price Target For 2025
The line chart displays the monthly closing prices of Parnax Lab 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 Parnax Lab shares in 2025, see the table below.
Parnax Lab Share Price Target Table For 2025
| Parnax Lab's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 201.83 (+38.9%) | Price Action: Chart |
| 2025 Target 2 | 198.07 (+36.31%) | Price Action: Chart |
| 2025 Target 1 | 196.11 (+34.96%) | Fibonacci Extension Level 150% |
| Current Price | 145.30 | Parnax Lab's 1 share price as of Tue 19 Nov 2024 |
| Stop Loss 1 | 132.00 (-9.16%) | Price Action: 25 Oct 2024 Low |
| Stop Loss 2 | 130.30 (-10.33%) | Price Action: 18 Nov 2024 Low |
| Stop Loss 3 | 125.87 (-13.38%) | Technical Indicator: MA50 |
Summary: Parnax Lab Share Price Prediction For 2025
In summary, Parnax Lab has surged by ₹57.14, achieving a notable +64.81% increase from 1st January 2024 to 19 Nov 2024. Our analysis of Parnax Lab for 2025 predicts an additional rise of 34.96% to 38.9% by the end of 2025 with three potential targets T1: 196.11, T2: 198.07, T3: 201.83. Stop Loss at SL1: 132.00, SL2: 130.30, SL3: 125.87.
Parnax Lab has a All-Time high of ₹193.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹80.00, 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 Parnax Lab, we have created a specific page for that check here: Parnax Lab Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Parnax Lab Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Parnax Lab share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 14.56% over the next 15 years.
For complete year by year Parnax Lab long term share price target from 2024, 2025 to 2039 check the below table.
Parnax Lab Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Parnax Lab Target | YoY Change % |
|---|---|---|
| 2024 | ₹145.3 | [Current Price] |
| 2024 | ₹126.03 | -13.27% |
| 2025 | ₹214.84 | 70.46% |
| 2026 | ₹260.19 | 21.1% |
| 2027 | ₹289.64 | 11.31% |
| 2028 | ₹326.63 | 12.77% |
| 2029 | ₹360.8 | 10.46% |
| 2030 | ₹506.43 | 40.36% |
| 2031 | ₹537.92 | 6.22% |
| 2032 | ₹544.42 | 1.2% |
| 2033 | ₹570.97 | 4.87% |
| 2034 | ₹595.58 | 4.31% |
| 2035 | ₹798.02 | 33.99% |
| 2036 | ₹815.67 | 2.21% |
| 2037 | ₹799.22 | -2.02% |
| 2038 | ₹815.31 | 2.01% |
| 2039 | ₹845.64 | 3.72% |
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Parnax Lab Past Performance
- In 2009, Parnax Lab opening price was ₹8.4
- As of Tue 19 Nov 2024 the price stands at ₹145.3.
- This represents a Compound Annual Growth Rate (CAGR) of 19.5%.
- In 15 years, an investment of 10,000 would have become ₹1.72 Lakh.
As we wrap up, we hope you like our study on Parnax Lab 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.
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.
