Polytex India (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Polytex India Limited |
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Price: ₹6.43 | ||
| 52 Week Low: ₹5.03 52 Week High: ₹9.80 |
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| Market Capital: 12.36 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Polytex India Share Price Target For 2024
- 1.1.1: Polytex India Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Polytex India Share Price Target For 2025
- 1.2.1: Polytex India Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Polytex India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Polytex India Financial Performance
- 3.0.1: Is Polytex India A Good Buy For Long Term?
To predict the Polytex India'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
Polytex India Share Price Target For 2024
The line chart displays the monthly closing prices of Polytex India 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 Polytex India shares in 2024, see the table below.
Polytex India Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 6.8 (+5.75%) | Price Action: May 2014 Low |
| 2024 Target 2 | 6.73 (+4.66%) | Price Action: 27 Feb 2024 High |
| 2024 Target 1 | 6.65 (+3.42%) | Price Action: 29 Jan 2024 High |
| Current Price | 6.43 | Polytex India's share price as of 24 Dec 2024 |
| Stop Loss 1 | 6.33 (-1.56%) | Price Action: 02 Sep 2024 Low |
| Stop Loss 2 | 6.26 (-2.65%) | Price Action: 19 Feb 2024 High |
| Stop Loss 3 | 6.18 (-3.89%) | Price Action: Feb 2016 Low |
Short-Term Technical Outlook
Current Technical Position: Polytex India is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹6.5 serves as the nearest technical reference point.
Historical Returns: 3-month: +21.55% | 6-month: -30.41% | 1-year: +16.91%
Polytex India Share Price Target For 2025
The line chart displays the monthly closing prices of Polytex India 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 Polytex India shares in 2025, see the table below.
Polytex India Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 10.75 (+67.18%) | Price Action: Chart |
| 2025 Target 2 | 10.55 (+64.06%) | Price Action: Chart |
| 2025 Target 1 | 10.45 (+62.51%) | Fibonacci Extension Level 64.90% |
| Current Price | 6.43 | Polytex India's share price as of 24 Dec 2024 |
| Stop Loss 1 | 5.51 (-14.31%) | Price Action: Dec 2016 High |
| Stop Loss 2 | 5.4 (-16.02%) | Price Action: 28 Dec 2023 High |
| Stop Loss 3 | 5.3 (-17.57%) | Price Action: 27 Dec 2023 High |
Long-Term Technical Outlook
52-Week Range Analysis: Polytex India is currently trading at 29.4% of its 52-week range (₹5.03 - ₹9.8).
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: +16.91% | 3-year: +6.81% | 5-year: +859.7%
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Approach 2: Machine Learning By Studying Historical Prices
Polytex India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹6.43 | ||
| 2024 | ₹6.66 | +3.57% | ₹6.76 |
| 2025 | ₹5.48 | -17.71% | ₹6.58 |
| 2026 | ₹4.46 | -18.61% | ₹5.56 |
| 2027 | ₹4.50 | +0.89% | ₹5.01 |
| 2028 | ₹6.42 | +42.66% | ₹6.80 |
| 2029 | ₹6.09 | -5.14% | ₹6.58 |
| 2030 | ₹5.54 | -9.03% | ₹6.58 |
| 2031 | ₹5.70 | +2.88% | ₹6.35 |
| 2032 | ₹5.77 | +1.22% | ₹6.12 |
| 2033 | ₹5.56 | -3.63% | ₹5.91 |
| 2034 | ₹5.25 | -5.57% | ₹5.69 |
| 2035 | ₹4.75 | -9.52% | ₹5.66 |
| 2036 | ₹4.87 | +2.52% | ₹5.44 |
| 2037 | ₹4.90 | +0.61% | ₹5.21 |
| 2038 | ₹46.56 | +850.2% | ₹47.26 |
| 2039 | ₹29.32 | -37.02% | ₹42.21 |
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.
Polytex India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 12.36 Crore | Market valuation of Polytex India's shares. |
| Net Income (TTM) | -7.49 Lakh | Net Profit or Loss after all the expenses over the past twelve months. |
| Debt-to-Equity (D/E) Ratio |
0.06 | Company's total debt divided by total shareholder equity. |
| Total Debt | 18.04 Lakh | Sum of Polytex India's current & long-term financial obligations. |
| Total Cash | 7.56 Lakh | Total amount of liquid funds available to Polytex India. |
Is Polytex India A Good Buy For Long Term?
Despite Polytex India's impressive returns over the past 3-5 years, its current debt of 18.04 Lakh and modest cash balance of 7.56 Lakh suggest caution. While the stock's past performance may be enticing, investors should carefully consider the company's financial health and overall market conditions before making any long-term investments.
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.
