Primo Chemicals (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Primo Chemicals Limited |
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Price: ₹37.78 | ||
| 52 Week Low: ₹33.00 52 Week High: ₹53.65 |
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| Market Capital: 2,814.11 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Primo Chemicals Share Price Target For 2024
- 1.1.1: Primo Chemicals Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Primo Chemicals Share Price Target For 2025
- 1.2.1: Primo Chemicals Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Primo Chemicals Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Primo Chemicals Financial Performance
- 3.0.1: Is Primo Chemicals A Good Buy For Long Term?
To predict the Primo Chemicals'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
Primo Chemicals Share Price Target For 2024
The line chart displays the monthly closing prices of Primo Chemicals 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 Primo Chemicals shares in 2024, see the table below.
Primo Chemicals Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 39.67 (+5%) | Technical Indicator: MA50 |
| 2024 Target 2 | 39.26 (+3.91%) | Price Action: 14 Feb 2024 High |
| 2024 Target 1 | 38.87 (+2.88%) | Price Action: 29 Jul 2024 High |
| Current Price | 37.78 | Primo Chemicals's share price as of 26 Dec 2024 |
| Stop Loss 1 | 37.28 (-1.33%) | Price Action: 23 Oct 2024 Low |
| Stop Loss 2 | 36.9 (-2.33%) | Price Action: Dec 2024 Low |
| Stop Loss 3 | 36.5 (-3.39%) | Price Action: 22 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Primo Chemicals is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹39.45 serves as the nearest technical reference point.
Historical Returns: 3-month: -6.95% | 6-month: -2.54% | 1-year: -24.73%
Primo Chemicals Share Price Target For 2025
The line chart displays the monthly closing prices of Primo Chemicals 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 Primo Chemicals shares in 2025, see the table below.
Primo Chemicals Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 51.24 (+35.61%) | Price Action: 10 Jan 2024 High |
| 2025 Target 2 | 50.69 (+34.17%) | Price Action: 14 Dec 2023 High |
| 2025 Target 1 | 50.18 (+32.82%) | Price Action: 18 Dec 2023 High |
| Current Price | 37.78 | Primo Chemicals's share price as of 26 Dec 2024 |
| Stop Loss 1 | 34.2 (-9.48%) | Price Action: Mar 2024 Low |
| Stop Loss 2 | 33.86 (-10.38%) | Price Action: Chart |
| Stop Loss 3 | 33.29 (-11.89%) | Fibonacci Retracement Level 98.60% |
Long-Term Technical Outlook
52-Week Range Analysis: Primo Chemicals is currently trading near its 52-week low of ₹33, indicating potential value opportunity.
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: -24.73% | 3-year: +152.19% | 5-year: +296.02%
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Approach 2: Machine Learning By Studying Historical Prices
Primo Chemicals Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹37.78 | ||
| 2024 | ₹35.64 | -5.66% | ₹36.18 |
| 2025 | ₹30.72 | -13.8% | ₹39.50 |
| 2026 | ₹24.15 | -21.38% | ₹29.57 |
| 2027 | ₹29.93 | +23.93% | ₹30.38 |
| 2028 | ₹36.68 | +22.55% | ₹37.91 |
| 2029 | ₹36.36 | -0.87% | ₹45.86 |
| 2030 | ₹38.10 | +4.78% | ₹45.42 |
| 2031 | ₹38.86 | +1.99% | ₹44.98 |
| 2032 | ₹44.53 | +14.59% | ₹45.20 |
| 2033 | ₹35.26 | -20.81% | ₹39.93 |
| 2034 | ₹34.94 | -0.9% | ₹44.09 |
| 2035 | ₹36.61 | +4.77% | ₹43.64 |
| 2036 | ₹37.32 | +1.93% | ₹43.20 |
| 2037 | ₹42.76 | +14.57% | ₹43.40 |
| 2038 | ₹33.85 | -20.83% | ₹38.34 |
| 2039 | ₹33.39 | -1.35% | ₹42.31 |
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.
Primo Chemicals Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,814.11 Crore | Market valuation of Primo Chemicals's shares. |
| Revenue (TTM) | 1,882.2 Crore | Total revenue generated by Primo Chemicals over the past twelve months. |
| Net Income (TTM) | +610.1 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Profit Margin | +82.83% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-15.13% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
0.01 | Company's total debt divided by total shareholder equity. |
| Total Debt | 58.8 Crore | Sum of Primo Chemicals's current & long-term financial obligations. |
Is Primo Chemicals A Good Buy For Long Term?
Primo Chemicals, a small-cap stock with a market cap of 2,814.11 Crore, has shown strong financials with a revenue of 1,882.2 Crore and net profit of 610.1 Crore in the last 12 months (TTM). Despite a recent revenue dip, the company's high profit margin of 82.83% indicates efficient operations. Its long-term returns have been impressive, with a substantial increase over the past 3, 5, and 10 years. Considering this performance, Primo Chemicals could be a good long-term investment opportunity for investors seeking exposure to the chemicals sector.
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.
