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Primo Chemicals Share Price Target 2024, 2025, 2026 to 2039 With Charts
Primo Chemicals Limited | |||
 | Symbol: PRIMO | ||
| Price: ₹36.67 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Primo Chemicals Financial Performance
- 0.1.1: Is Primo Chemicals A Good Buy For Long Term?
- 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: Summary: Primo Chemicals Share Price Prediction For 2024
- 1.2: Primo Chemicals Share Price Target For 2025
- 1.2.1: Primo Chemicals Share Price Target Table For 2025
- 1.2.2: Summary: Primo Chemicals Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Primo Chemicals Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Primo Chemicals Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Primo Chemicals Past Performance
Primo Chemicals Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,826.75 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.
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
| Primo Chemicals's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 38.07 (+3.81%) | Price Action: 24 Oct 2024 Low |
| 2024 Target 2 | 37.65 (+2.67%) | Price Action: May 2024 Low |
| 2024 Target 1 | 37.11 (+1.19%) | Price Action: 29 Oct 2024 Low |
| Current Price | 36.67 | Primo Chemicals's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 36.40 (-0.74%) | Price Action: 28 Oct 2024 Low |
| Stop Loss 2 | 36.03 (-1.75%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 3 | 35.30 (-3.74%) | Fibonacci Retracement Extended 28.2% |
Summary: Primo Chemicals Share Price Prediction For 2024
In summary, Primo Chemicals has declined by ₹-13.52, recording a notable -26.94% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Primo Chemicals for 2024 predicts an additional rise of 1.19% to 3.81% by the end of 2024 with three potential targets T1: 37.11, T2: 37.65, T3: 38.07. Stop Loss at SL1: 36.40, SL2: 36.03, SL3: 35.30.
Primo Chemicals has a 52-week high of ₹54.90, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹33.00, 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 Primo Chemicals.
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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
| Primo Chemicals's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 51.85 (+41.39%) | Price Action: Chart |
| 2025 Target 2 | 50.88 (+38.75%) | Price Action: Chart |
| 2025 Target 1 | 50.38 (+37.38%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 36.67 | Primo Chemicals's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 33.33 (-9.11%) | Price Action: Chart |
| Stop Loss 2 | 33.00 (-10.01%) | Price Action: Chart |
| Stop Loss 3 | 32.41 (-11.62%) | Price Action: Chart |
Summary: Primo Chemicals Share Price Prediction For 2025
In summary, Primo Chemicals has declined by ₹-13.52, recording a notable -26.94% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Primo Chemicals for 2025 predicts an additional rise of 37.38% to 41.39% by the end of 2025 with three potential targets T1: 50.38, T2: 50.88, T3: 51.85. Stop Loss at SL1: 33.33, SL2: 33.00, SL3: 32.41.
Primo Chemicals has a All-Time high of ₹84.10, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹33.00, 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 Primo Chemicals, we have created a specific page for that check here: Primo Chemicals Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Primo Chemicals Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Primo Chemicals share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -0.52% over the next 15 years.
For complete year by year Primo Chemicals long term share price target from 2024, 2025 to 2039 check the below table.
Primo Chemicals Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Primo Chemicals Target | YoY Change % |
|---|---|---|
| 2024 | ₹36.67 | [Current Price] |
| 2024 | ₹35.92 | -2.05% |
| 2025 | ₹31.3 | -12.87% |
| 2026 | ₹25.04 | -20.01% |
| 2027 | ₹32.47 | 29.67% |
| 2028 | ₹36.68 | 12.96% |
| 2029 | ₹36.36 | -0.88% |
| 2030 | ₹38.1 | 4.78% |
| 2031 | ₹38.86 | 1.99% |
| 2032 | ₹44.53 | 14.59% |
| 2033 | ₹35.26 | -20.82% |
| 2034 | ₹34.94 | -0.91% |
| 2035 | ₹36.61 | 4.77% |
| 2036 | ₹37.32 | 1.93% |
| 2037 | ₹42.76 | 14.57% |
| 2038 | ₹33.85 | -20.84% |
| 2039 | ₹33.39 | -1.36% |
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Primo Chemicals Past Performance
- In 2018, Primo Chemicals opening price was ₹9.26
- As of Thu 21 Nov 2024 the price stands at ₹36.67.
- This represents a Compound Annual Growth Rate (CAGR) of 21.73%.
- In 6 years, an investment of 10,000 would have become ₹39,600.43.
As we wrap up, we hope you like our study on Primo Chemicals 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.
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.
