Precot Meridian (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Precot Meridian Limited |
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Price: ₹583.70 | ||
| 52 Week Low: ₹263.85 52 Week High: ₹690.50 |
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| Market Capital: 449.15 Crore (Smallcap) | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Precot Meridian Share Price Target For 2024
- 1.1.1: Precot Meridian Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Precot Meridian Share Price Target For 2025
- 1.2.1: Precot Meridian Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Precot Meridian Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Precot Meridian Brief Company Overview
- 4: Precot Meridian Financial Performance
- 4.0.1: Is Precot Meridian A Good Buy For Long Term?
To predict the Precot Meridian'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
Precot Meridian Share Price Target For 2024
The line chart displays the monthly closing prices of Precot Meridian 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 Precot Meridian shares in 2024, see the table below.
Precot Meridian Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 621.75 (+6.51%) | Price Action: 09 Dec 2024 Low |
| 2024 Target 2 | 609.49 (+4.41%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 602.0 (+3.13%) | Price Action: 20 Dec 2024 Low |
| Current Price | 583.70 | Precot Meridian's share price as of 23 Dec 2024 |
| Stop Loss 1 | 573.0 (-1.84%) | Price Action: 21 Nov 2024 High |
| Stop Loss 2 | 566.0 (-3.04%) | Price Action: 18 Nov 2024 Low |
| Stop Loss 3 | 557.0 (-4.58%) | Price Action: 22 Nov 2024 High |
Short-Term Technical Outlook
Current Technical Position: Precot Meridian is showing mixed momentum signals near key moving averages.
Key Technical Level: The 25-day moving average at ₹599.87 serves as the nearest technical reference point.
Historical Returns: 3-month: +40.4% | 6-month: +17.32% | 1-year: +124.17%
Precot Meridian Share Price Target For 2025
The line chart displays the monthly closing prices of Precot Meridian 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 Precot Meridian shares in 2025, see the table below.
Precot Meridian Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 909.84 (+55.87%) | Price Action: Chart |
| 2025 Target 2 | 892.88 (+52.96%) | Price Action: Chart |
| 2025 Target 1 | 884.04 (+51.45%) | Fibonacci Extension Level 64.90% |
| Current Price | 583.70 | Precot Meridian's share price as of 23 Dec 2024 |
| Stop Loss 1 | 513.72 (-11.99%) | Fibonacci Retracement Level 38.20% |
| Stop Loss 2 | 508.0 (-12.97%) | Price Action: 11 Nov 2024 High |
| Stop Loss 3 | 499.89 (-14.36%) | Price Action: 05 Nov 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: Precot Meridian is currently trading at 75.0% of its 52-week range (₹263.85 - ₹690.5).
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +124.17% | 3-year: +129.61% | 5-year: +2,469.3%
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Approach 2: Machine Learning By Studying Historical Prices
Precot Meridian Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹583.70 | ||
| 2024 | ₹567.78 | -2.72% | ₹576.30 |
| 2025 | ₹781.63 | +37.66% | ₹802.30 |
| 2026 | ₹1,066.44 | +36.43% | ₹1,082.44 |
| 2027 | ₹1,231.88 | +15.51% | ₹1,250.36 |
| 2028 | ₹1,524.51 | +23.75% | ₹1,547.38 |
| 2029 | ₹1,738.33 | +14.02% | ₹1,764.40 |
| 2030 | ₹1,922.61 | +10.6% | ₹2,002.66 |
| 2031 | ₹2,271.39 | +18.14% | ₹2,305.46 |
| 2032 | ₹2,367.20 | +4.21% | ₹2,414.26 |
| 2033 | ₹2,710.85 | +14.51% | ₹2,751.51 |
| 2034 | ₹2,908.89 | +7.3% | ₹2,952.52 |
| 2035 | ₹3,063.60 | +5.31% | ₹3,203.02 |
| 2036 | ₹3,476.35 | +13.47% | ₹3,528.50 |
| 2037 | ₹3,502.52 | +0.75% | ₹3,619.58 |
| 2038 | ₹3,897.19 | +11.26% | ₹3,955.65 |
| 2039 | ₹4,041.57 | +3.7% | ₹4,103.29 |
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.
Precot Meridian Brief Company Overview
Precot Limited: A Reputable Textile Manufacturer Established in 1962, Precot Limited is a leading manufacturer of yarn and technical textile products in India. With a strong presence in the industry, the company has earned a reputation for quality and innovation. Key Products...
and Services: Hygienic Products: Cotton pads, balls, exfoliating pads, spunlace rolls Cotton Yarns and Threads: Weaving, crocheting, sewing, textile production Commitment: Precot Limited is committed to providing customers with exceptional products and services, meeting their diverse needs in hygiene and textile industries.Precot Meridian Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 449.15 Crore | Market valuation of Precot Meridian's shares. |
| Revenue (TTM) | 956.24 Crore | Total revenue generated by Precot Meridian over the past twelve months. |
| Net Income (TTM) | -4.26 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +5.53% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -0.45% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+0.3% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
84.48 | Company's total debt divided by total shareholder equity. |
| Total Debt | 338.71 Crore | Sum of Precot Meridian's current & long-term financial obligations. |
| Total Cash | 10.36 Crore | Total amount of liquid funds available to Precot Meridian. |
| Beta | 0.68 | Beta is less than 1 indicating that the Precot Meridian's price is less volatile than the market. |
Is Precot Meridian A Good Buy For Long Term?
Precot Meridian's recent financial performance has been mixed, with a loss in the last 12 months and a modest revenue increase in the previous quarter. Its high debt-to-equity ratio and negative profit margin indicate financial distress. While its revenue growth and historical returns may appeal to some investors, the company's current financial situation suggests it may not be a wise long-term investment.
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.
