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Precot Meridian Share Price Target 2024, 2025, 2026 to 2039 With Charts
Precot Meridian Limited | |||
 | Symbol: PRECOT | ||
| Price: ₹531.4 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Precot Meridian Brief Company Overview
- 1.1: Precot Limited: A Reputable Textile Manufacturer
- 1.2: Precot Meridian Financial Performance
- 1.2.1: Is Precot Meridian A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Precot Meridian Share Price Target For 2024
- 2.1.1: Precot Meridian Share Price Target Table For 2024
- 2.1.2: Summary: Precot Meridian Share Price Prediction For 2024
- 2.2: Precot Meridian Share Price Target For 2025
- 2.2.1: Precot Meridian Share Price Target Table For 2025
- 2.2.2: Summary: Precot Meridian Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Precot Meridian Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Precot Meridian Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Precot Meridian Past Performance
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 | 452.16 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.
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
| Precot Meridian's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 558.40 (+5.08%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 2 | 550.00 (+3.5%) | Price Action: 19 Nov 2024 Low |
| 2024 Target 1 | 541.22 (+1.84%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 531.40 | Precot Meridian's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 526.95 (-0.84%) | Price Action: Jun 2024 High |
| Stop Loss 2 | 519.67 (-2.21%) | Fibonacci Retracement Extended 28.2% |
| Stop Loss 3 | 511.95 (-3.67%) | Price Action: 07 Nov 2024 High |
Summary: Precot Meridian Share Price Prediction For 2024
In summary, Precot Meridian has surged by ₹257.70, achieving a notable +94.15% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Precot Meridian for 2024 predicts an additional rise of 1.84% to 5.08% by the end of 2024 with three potential targets T1: 541.22, T2: 550.00, T3: 558.40. Stop Loss at SL1: 526.95, SL2: 519.67, SL3: 511.95.
Precot Meridian has a 52-week high of ₹589.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹210.00, 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 Precot Meridian.
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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
| Precot Meridian's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 783.14 (+47.37%) | Price Action: Chart |
| 2025 Target 2 | 768.54 (+44.62%) | Custom Fibonacci Extension Lvl 64.9% |
| 2025 Target 1 | 755.70 (+42.2%) | Fibonacci Extension Level 150% |
| Current Price | 531.40 | Precot Meridian's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 475.17 (-10.59%) | Technical Indicator: MA100 |
| Stop Loss 2 | 469.60 (-11.63%) | Price Action: Oct 2024 High |
| Stop Loss 3 | 462.00 (-13.06%) | Price Action: Aug 2024 Low |
Summary: Precot Meridian Share Price Prediction For 2025
In summary, Precot Meridian has surged by ₹257.70, achieving a notable +94.15% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Precot Meridian for 2025 predicts an additional rise of 42.2% to 47.37% by the end of 2025 with three potential targets T1: 755.70, T2: 768.54, T3: 783.14. Stop Loss at SL1: 475.17, SL2: 469.60, SL3: 462.00.
Precot Meridian has a All-Time high of ₹589.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹210.00, 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 Precot Meridian, we have created a specific page for that check here: Precot Meridian Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Precot Meridian Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Precot Meridian share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 15.38% over the next 15 years.
For complete year by year Precot Meridian long term share price target from 2024, 2025 to 2039 check the below table.
Precot Meridian Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Precot Meridian Target | YoY Change % |
|---|---|---|
| 2024 | ₹531.4 | [Current Price] |
| 2024 | ₹576.59 | 8.5% |
| 2025 | ₹804.89 | 39.59% |
| 2026 | ₹1,106.51 | 37.47% |
| 2027 | ₹1,284.23 | 16.06% |
| 2028 | ₹1,594.47 | 24.15% |
| 2029 | ₹1,822.41 | 14.29% |
| 2030 | ₹2,019.25 | 10.8% |
| 2031 | ₹2,388.94 | 18.3% |
| 2032 | ₹2,492.55 | 4.33% |
| 2033 | ₹2,857.09 | 14.62% |
| 2034 | ₹3,068.24 | 7.39% |
| 2035 | ₹3,233.6 | 5.38% |
| 2036 | ₹3,671.38 | 13.53% |
| 2037 | ₹3,700.88 | 0.8% |
| 2038 | ₹4,119.72 | 11.31% |
| 2039 | ₹4,273.88 | 3.74% |
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Precot Meridian Past Performance
- In 1995, Precot Meridian opening price was ₹96.67
- As of Thu 21 Nov 2024 the price stands at ₹531.4.
- This represents a Compound Annual Growth Rate (CAGR) of 5.85%.
- In 29 years, an investment of 10,000 would have become ₹54,970.51.
As we wrap up, we hope you like our study on Precot Meridian 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.
- Precot Meridian Share Price History
- Precot Meridian Price Target Tomorrow
- Precot Meridian Dividend History
- Precot Meridian Bonus 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.
