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Pitti Engineering Share Price Target 2024, 2025, 2026 to 2039 With Charts
Pitti Engineering Limited | |||
Symbol: PITTIENG | |||
Price: ₹1,297.4 | |||
Exchange: NSE | |||
Industrials -> Metal Fabrication |
Show Table of Contents
Table of Contents
- 1: Pitti Engineering Brief Company Overview
- 1.1: Pitti Engineering Limited: A Leading Provider of Iron and Steel Engineering Products
- 1.1.1: Product Range and Services
- 1.1.2: Commitment to Quality
- 1.2: Pitti Engineering Financial Performance
- 1.2.1: Is Pitti Engineering A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Pitti Engineering Share Price Target For 2024
- 2.1.1: Pitti Engineering Share Price Target Table For 2024
- 2.1.2: Summary: Pitti Engineering Share Price Prediction For 2024
- 2.2: Pitti Engineering Share Price Target For 2025
- 2.2.1: Pitti Engineering Share Price Target Table For 2025
- 2.2.2: Summary: Pitti Engineering Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Pitti Engineering Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Pitti Engineering Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Pitti Engineering Past Performance
Pitti Engineering Brief Company Overview
Pitti Engineering Limited: A Leading Provider of Iron and Steel Engineering Products
Pitti Engineering Limited is a reputable manufacturer and supplier of iron and steel engineering products in India, catering to diverse industries such as hydro and thermal generation, mining, sugar, construction, and e-mobility. Established in 1983, the company has a strong presence in the market and has established itself as a trusted name.
Product Range and Services
- Electrical steel laminations
- Stator and rotor core assemblies
- Die-cast rotors
- Press tools
- High precision machining of various metal components
- Machined casted and fabricated parts and shafts
These products are used in a wide range of applications, including appliances, medical equipment, and oil and gas.
Commitment to Quality
Pitti Engineering Limited is committed to providing high-quality products and services. The company has a dedicated team of engineers and technicians who work to ensure that every product meets the highest standards of quality and precision.
Pitti Engineering Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 2,804.86 Crore | Market valuation of Pitti Engineering's shares. |
Revenue (TTM) | 1,121.21 Crore | Total revenue generated by Pitti Engineering over the past twelve months. |
Net Income (TTM) | +74.66 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | 11.17% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | 6.65% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) | +23.4% | Change in revenue compared to the previous quarter. |
Earnings Growth (YOY Quarterly) | +9.8% | Change in earnings compared to the same quarter last year. |
Debt-to-Equity (D/E) Ratio | 131.82 | Company's total debt divided by total shareholder equity. |
Total Debt | 478.47 Crore | Sum of Pitti Engineering's current & long-term financial obligations. |
Total Cash | 113.76 Crore | Total amount of liquid funds available to Pitti Engineering. |
Beta | 0.81 | Beta is less than 1 indicating that the Pitti Engineering's price is less volatile than the market. |
Is Pitti Engineering A Good Buy For Long Term?
Pitti Engineering, a small-cap stock, has shown significant growth in the last 12 months. With a revenue of 1,121.21 Crore and a net profit of 74.66 Crore, the company has a healthy profit margin of 6.65%. While it has a debt of 478.47 Crore, its cash balance of 113.76 Crore provides some cushion. The company's past performance, with returns of over 167.99% in the last 12 months and 1473.41% in the last 3 years, makes it an attractive long-term investment opportunity.
To predict the Pitti Engineering'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
Pitti Engineering Share Price Target For 2024
The line chart displays the monthly closing prices of Pitti Engineering 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 Pitti Engineering shares in 2024, see the table below.
Pitti Engineering Share Price Target Table For 2024
Pitti Engineering's Levels | Value | Reason/Importance |
---|---|---|
2024 Target 3 | 1332.03 (+2.66%) | Fibonacci Extension Level 123.6% |
2024 Target 2 | 1318.00 (+1.58%) | Price Action: 18 Oct 2024 High |
2024 Target 1 | 1304.94 (+0.58%) | Price Action: 19 Nov 2024 Low |
Current Price | 1297.40 | Pitti Engineering's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 1297.15 (-0.02%) | Price Action: Chart |
Stop Loss 2 | 1281.50 (-1.23%) | Price Action: 17 Oct 2024 Low |
Stop Loss 3 | 1266.08 (-2.42%) | Technical Indicator: MA100 |
Summary: Pitti Engineering Share Price Prediction For 2024
In summary, Pitti Engineering has surged by ₹591.80, achieving a notable +83.87% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Pitti Engineering for 2024 predicts an additional rise of 0.58% to 2.66% by the end of 2024 with three potential targets T1: 1304.94, T2: 1318.00, T3: 1332.03. Stop Loss at SL1: 1297.15, SL2: 1281.50, SL3: 1266.08.
Pitti Engineering has a 52-week high of ₹1457.59, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹623.00, 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 Pitti Engineering.
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Pitti Engineering Share Price Target For 2025
The line chart displays the monthly closing prices of Pitti Engineering 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 Pitti Engineering shares in 2025, see the table below.
Pitti Engineering Share Price Target Table For 2025
Pitti Engineering's Levels | Value | Reason/Importance |
---|---|---|
2025 Target 3 | 1827.84 (+40.88%) | Price Action: Chart |
2025 Target 2 | 1793.76 (+38.25%) | Custom Fibonacci Extension Lvl 64.9% |
2025 Target 1 | 1765.16 (+36.05%) | Fibonacci Extension Level 150% |
Current Price | 1297.40 | Pitti Engineering's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 1178.05 (-9.2%) | Price Action: Jul 2024 Low |
Stop Loss 2 | 1166.27 (-10.11%) | Price Action: Chart |
Stop Loss 3 | 1148.47 (-11.48%) | Technical Indicator: MA150 |
Summary: Pitti Engineering Share Price Prediction For 2025
In summary, Pitti Engineering has surged by ₹591.80, achieving a notable +83.87% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Pitti Engineering for 2025 predicts an additional rise of 36.05% to 40.88% by the end of 2025 with three potential targets T1: 1765.16, T2: 1793.76, T3: 1827.84. Stop Loss at SL1: 1178.05, SL2: 1166.27, SL3: 1148.47.
Pitti Engineering has a All-Time high of ₹1457.59, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹623.00, 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 Pitti Engineering, we have created a specific page for that check here: Pitti Engineering Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Pitti Engineering Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Pitti Engineering share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 16.53% over the next 15 years.
For complete year by year Pitti Engineering long term share price target from 2024, 2025 to 2039 check the below table.
Pitti Engineering Share Price Target Table From 2024, 2025, 2026 to 2039
Year | Pitti Engineering Target | YoY Change % |
---|---|---|
2024 | ₹1,297.4 | [Current Price] |
2024 | ₹1,569.47 | 20.97% |
2025 | ₹2,389.79 | 52.26% |
2026 | ₹3,224.71 | 34.93% |
2027 | ₹4,233.31 | 31.27% |
2028 | ₹5,017.38 | 18.52% |
2029 | ₹5,784.74 | 15.29% |
2030 | ₹6,565.34 | 13.49% |
2031 | ₹7,400.01 | 12.71% |
2032 | ₹8,587.08 | 16.04% |
2033 | ₹9,297.21 | 8.26% |
2034 | ₹10,000.01 | 7.55% |
2035 | ₹10,740.88 | 7.4% |
2036 | ₹11,575.31 | 7.76% |
2037 | ₹12,940.86 | 11.79% |
2038 | ₹13,577.05 | 4.91% |
2039 | ₹13,364.16 | -1.57% |
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Pitti Engineering Past Performance
- In 1995, Pitti Engineering opening price was ₹24.38
- As of Thu 21 Nov 2024 the price stands at ₹1,297.4.
- This represents a Compound Annual Growth Rate (CAGR) of 14.17%.
- In 29 years, an investment of 10,000 would have become ₹5.32 Lakh.
As we wrap up, we hope you like our study on Pitti Engineering 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.
- Pitti Engineering Share Price History
- Pitti Engineering Price Target Tomorrow
- Pitti Engineering Dividend History
- Pitti Engineering 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.