Home / Share Price Target / Rajmet
Rajnandini Metal Share Price Target 2024, 2025, 2026 to 2039 With Charts
Rajnandini Metal Limited | |||
Symbol: RAJMET | |||
Price: ₹9.11 | |||
Exchange: NSE | |||
Basic Materials -> Copper |
Show Table of Contents
Table of Contents
- 1: Rajnandini Metal Brief Company Overview
- 1.1: Rajnandini Metal Limited: A Leading Metals Manufacturer
- 1.1.1: Key Products and Services
- 1.1.2: Market Presence
- 1.1.3: Commitment
- 1.2: Rajnandini Metal Financial Performance
- 1.2.1: Is Rajnandini Metal A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Rajnandini Metal Share Price Target For 2024
- 2.1.1: Rajnandini Metal Share Price Target Table For 2024
- 2.1.2: Summary: Rajnandini Metal Share Price Prediction For 2024
- 2.2: Rajnandini Metal Share Price Target For 2025
- 2.2.1: Rajnandini Metal Share Price Target Table For 2025
- 2.2.2: Summary: Rajnandini Metal Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Rajnandini Metal Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Rajnandini Metal Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Rajnandini Metal Past Performance
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 | 293.06 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.
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
Rajnandini Metal's Levels | Value | Reason/Importance |
---|---|---|
2024 Target 3 | 9.40 (+3.18%) | Price Action: 22 Oct 2024 Low |
2024 Target 2 | 9.30 (+2.08%) | Price Action: Nov 2024 High |
2024 Target 1 | 9.20 (+0.98%) | Custom Fibonacci Extension Lvl 23.6% |
Current Price | 9.11 | Rajnandini Metal's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 9.13 (+0.21%) | Fibonacci Retracement Level 71.8% |
Stop Loss 2 | 9.01 (-1.1%) | Fibonacci Retracement Extended 28.2% |
Stop Loss 3 | 8.88 (-2.53%) | Fibonacci Retracement Extended 82.6% |
Summary: Rajnandini Metal Share Price Prediction For 2024
In summary, Rajnandini Metal has declined by ₹-1.44, recording a notable -13.65% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Rajnandini Metal for 2024 predicts an additional rise of 0.98% to 3.18% by the end of 2024 with three potential targets T1: 9.20, T2: 9.30, T3: 9.40. Stop Loss at SL1: 9.13, SL2: 9.01, SL3: 8.88.
Rajnandini Metal has a 52-week high of ₹21.35, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹8.80, 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 Rajnandini Metal.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
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
Rajnandini Metal's Levels | Value | Reason/Importance |
---|---|---|
2025 Target 3 | 17.79 (+95.27%) | Price Action: Chart |
2025 Target 2 | 17.46 (+91.65%) | Price Action: Chart |
2025 Target 1 | 17.29 (+89.79%) | Custom Fibonacci Extension Lvl 64.9% |
Current Price | 9.11 | Rajnandini Metal's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 7.17 (-21.3%) | Price Action: Chart |
Stop Loss 2 | 7.10 (-22.07%) | Price Action: Chart |
Stop Loss 3 | 6.97 (-23.5%) | Price Action: Chart |
Summary: Rajnandini Metal Share Price Prediction For 2025
In summary, Rajnandini Metal has declined by ₹-1.44, recording a notable -13.65% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Rajnandini Metal for 2025 predicts an additional rise of 89.79% to 95.27% by the end of 2025 with three potential targets T1: 17.29, T2: 17.46, T3: 17.79. Stop Loss at SL1: 7.17, SL2: 7.10, SL3: 6.97.
Rajnandini Metal has a All-Time high of ₹488.20, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹8.80, 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 Rajnandini Metal, we have created a specific page for that check here: Rajnandini Metal Share Price Target For Tomorrow & Next Week
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Rajnandini Metal Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Rajnandini Metal share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 12.55% over the next 15 years.
For complete year by year Rajnandini Metal long term share price target from 2024, 2025 to 2039 check the below table.
Rajnandini Metal Share Price Target Table From 2024, 2025, 2026 to 2039
Year | Rajnandini Metal Target | YoY Change % |
---|---|---|
2024 | ₹9.11 | [Current Price] |
2024 | ₹12.11 | 32.93% |
2025 | ₹15.6 | 28.81% |
2026 | ₹19.16 | 22.82% |
2027 | ₹23.12 | 20.66% |
2028 | ₹17.46 | -24.49% |
2029 | ₹29.29 | 67.75% |
2030 | ₹32.85 | 12.15% |
2031 | ₹36.51 | 11.14% |
2032 | ₹40.83 | 11.83% |
2033 | ₹29.06 | -28.83% |
2034 | ₹46.47 | 59.91% |
2035 | ₹50.1 | 7.81% |
2036 | ₹53.85 | 7.48% |
2037 | ₹58.55 | 8.72% |
2038 | ₹40.65 | -30.56% |
2039 | ₹63.39 | 55.9% |
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Rajnandini Metal Past Performance
- In 2018, Rajnandini Metal opening price was ₹8.67
- As of Thu 21 Nov 2024 the price stands at ₹9.11.
- This represents a Compound Annual Growth Rate (CAGR) of 0.71%.
- In 6 years, an investment of 10,000 would have become ₹10,507.49.
As we wrap up, we hope you like our study on Rajnandini Metal 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.