Rajnandini Metal (Small Cap) Share Target 2024, 2025 To 2039
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Rajnandini Metal Limited |
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Price: ₹8.97 | ||
| 52 Week Low: ₹8.83 52 Week High: ₹21.35 |
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| Market Capital: 305.51 Crore (Smallcap) | |||
| Basic Materials -> Copper | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Rajnandini Metal Share Price Target For 2024
- 1.1.1: Rajnandini Metal Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Rajnandini Metal Share Price Target For 2025
- 1.2.1: Rajnandini Metal Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Rajnandini Metal Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Rajnandini Metal Brief Company Overview
- 4: Rajnandini Metal Financial Performance
- 4.0.1: Is Rajnandini Metal A Good Buy For Long Term?
To predict the Rajnandini Metal'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
Rajnandini Metal Share Price Target For 2024
The line chart displays the monthly closing prices of Rajnandini Metal 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 Rajnandini Metal shares in 2024, see the table below.
Rajnandini Metal Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 9.4 (+4.79%) | Price Action: 19 Jul 2023 High |
| 2024 Target 2 | 9.28 (+3.45%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 9.17 (+2.22%) | Price Action: 18 Nov 2024 Low |
| Current Price | 8.97 | Rajnandini Metal's share price as of 26 Dec 2024 |
| Stop Loss 1 | 8.87 (-1.12%) | Price Action: 19 Dec 2024 Low |
| Stop Loss 2 | 8.77 (-2.23%) | Price Action: Feb 2019 High |
| Stop Loss 3 | 8.68 (-3.24%) | Price Action: Aug 2020 Low |
Short-Term Technical Outlook
Current Technical Position: Rajnandini Metal is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹9.44 serves as the nearest technical reference point.
Historical Returns: 3-month: -10.3% | 6-month: -14.16% | 1-year: -14.98%
Rajnandini Metal Share Price Target For 2025
The line chart displays the monthly closing prices of Rajnandini Metal 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 Rajnandini Metal shares in 2025, see the table below.
Rajnandini Metal Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 17.0 (+89.52%) | Price Action: 10 Jan 2024 High |
| 2025 Target 2 | 16.75 (+86.73%) | Price Action: 17 Jan 2024 High |
| 2025 Target 1 | 16.5 (+83.94%) | Price Action: 29 Jan 2024 High |
| Current Price | 8.97 | Rajnandini Metal's share price as of 26 Dec 2024 |
| Stop Loss 1 | 6.99 (-22.08%) | Price Action: Chart |
| Stop Loss 2 | 6.92 (-22.86%) | Price Action: Chart |
| Stop Loss 3 | 6.8 (-24.2%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Rajnandini Metal is currently trading near its 52-week low of ₹8.83, 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: -14.98% | 3-year: -94.71% | 5-year: +2.27%
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Approach 2: Machine Learning By Studying Historical Prices
Rajnandini Metal Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹8.97 | ||
| 2024 | ₹11.84 | +31.99% | ₹12.02 |
| 2025 | ₹14.87 | +25.59% | ₹15.09 |
| 2026 | ₹17.96 | +20.78% | ₹18.23 |
| 2027 | ₹21.42 | +19.26% | ₹21.74 |
| 2028 | ₹16.04 | -25.11% | ₹23.16 |
| 2029 | ₹26.72 | +66.58% | ₹27.12 |
| 2030 | ₹29.81 | +11.56% | ₹30.26 |
| 2031 | ₹32.99 | +10.66% | ₹33.48 |
| 2032 | ₹36.76 | +11.42% | ₹37.31 |
| 2033 | ₹26.09 | -29.02% | ₹37.98 |
| 2034 | ₹41.61 | +59.48% | ₹42.23 |
| 2035 | ₹44.75 | +7.54% | ₹45.42 |
| 2036 | ₹48.02 | +7.3% | ₹49.07 |
| 2037 | ₹52.11 | +8.51% | ₹53.01 |
| 2038 | ₹36.14 | -30.64% | ₹52.80 |
| 2039 | ₹56.26 | +55.67% | ₹57.10 |
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.
Rajnandini Metal Brief Company Overview
Rajnandini Metal Limited: A Leading Metals Manufacturer Established in 2010, Rajnandini Metal Limited is a prominent manufacturer and trader of copper and various metals. Key Products and Services Copper rods and wires Annealed bare copper wires Fine copper...
wires Submersible wires and cables Brass, zinc, aluminium, and ferrous/nonferrous metals Market Presence Rajnandini Metal's products serve diverse industries, including recycling, steel, chemicals, petrochemicals, and construction. Commitment The company is dedicated to delivering high-quality products and maintaining strong customer relationships.Rajnandini Metal Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 305.51 Crore | Market valuation of Rajnandini Metal's shares. |
| Revenue (TTM) | 1,232.03 Crore | Total revenue generated by Rajnandini Metal over the past twelve months. |
| Net Income (TTM) | +18.3 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +2.86% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +1.48% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+18.3% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+13.9% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
185.26 | Company's total debt divided by total shareholder equity. |
| Total Debt | 97.4 Crore | Sum of Rajnandini Metal's current & long-term financial obligations. |
| Total Cash | 62 Lakh | Total amount of liquid funds available to Rajnandini Metal. |
| Beta | -0.18 | Beta is less than 1 indicating that the Rajnandini Metal's price is less volatile than the market. |
Is Rajnandini Metal A Good Buy For Long Term?
Rajnandini Metal, a small-cap stock with revenue growth and a decent profit margin, is an average buy for the long term. While its recent returns have been volatile, its long-term performance has been positive, with a 31.07% return over the past five years. Its moderate debt levels and cash balance provide some stability. However, investors should be aware of the potential risks associated with small-cap stocks and conduct thorough research before investing.
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.
