Rajratan Global Wire (Small Cap) Share Target 2024, 2025 To 2039
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Rajratan Global Wire Limited |
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Price: ₹479.30 | ||
| 52 Week Low: ₹478.30 52 Week High: ₹819.85 |
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| Market Capital: 2,950.8 Crore (Smallcap) | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Rajratan Global Wire Share Price Target For 2024
- 1.1.1: Rajratan Global Wire Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Rajratan Global Wire Share Price Target For 2025
- 1.2.1: Rajratan Global Wire Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Rajratan Global Wire Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Rajratan Global Wire Brief Company Overview
- 4: Rajratan Global Wire Financial Performance
- 4.0.1: Is Rajratan Global Wire A Good Buy For Long Term?
To predict the Rajratan Global Wire'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
Rajratan Global Wire Share Price Target For 2024
The line chart displays the monthly closing prices of Rajratan Global Wire 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 Rajratan Global Wire shares in 2024, see the table below.
Rajratan Global Wire Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 497.0 (+3.69%) | Price Action: 10 Dec 2024 Low |
| 2024 Target 2 | 492.0 (+2.64%) | Price Action: 23 Dec 2024 High |
| 2024 Target 1 | 486.9 (+1.58%) | Price Action: 13 Dec 2024 Low |
| Current Price | 479.30 | Rajratan Global Wire's share price as of 23 Dec 2024 |
| Stop Loss 1 | 476.13 (-0.67%) | Price Action: Chart |
| Stop Loss 2 | 470.07 (-1.93%) | Price Action: Jul 2021 High |
| Stop Loss 3 | 460.82 (-3.86%) | Fibonacci Retracement Level 40.00% |
Short-Term Technical Outlook
Current Technical Position: Rajratan Global Wire is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹496.94 serves as the nearest technical reference point.
Historical Returns: 3-month: -14.44% | 6-month: -17.55% | 1-year: -37.68%
Rajratan Global Wire Share Price Target For 2025
The line chart displays the monthly closing prices of Rajratan Global Wire 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 Rajratan Global Wire shares in 2025, see the table below.
Rajratan Global Wire Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 719.5 (+50.11%) | Price Action: Chart |
| 2025 Target 2 | 706.08 (+47.31%) | Price Action: Chart |
| 2025 Target 1 | 699.09 (+45.85%) | Fibonacci Extension Level 64.90% |
| Current Price | 479.30 | Rajratan Global Wire's share price as of 23 Dec 2024 |
| Stop Loss 1 | 419.22 (-12.54%) | Price Action: Feb 2022 Low |
| Stop Loss 2 | 415.03 (-13.41%) | Price Action: Chart |
| Stop Loss 3 | 407.56 (-14.97%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Rajratan Global Wire is currently trading near its 52-week low of ₹478.3, 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: -37.68% | 3-year: +21.99% | 5-year: NA
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Approach 2: Machine Learning By Studying Historical Prices
Rajratan Global Wire Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹479.30 | ||
| 2024 | ₹539.22 | +12.5% | ₹547.31 |
| 2025 | ₹340.33 | -36.88% | ₹540.99 |
| 2026 | ₹379.09 | +11.38% | ₹395.87 |
| 2027 | ₹423.08 | +11.6% | ₹429.43 |
| 2028 | ₹358.45 | -15.27% | ₹427.96 |
| 2029 | ₹429.01 | +19.68% | ₹435.45 |
| 2030 | ₹439.67 | +2.48% | ₹446.27 |
| 2031 | ₹467.69 | +6.37% | ₹518.64 |
| 2032 | ₹439.03 | -6.12% | ₹491.24 |
| 2033 | ₹438.71 | -0.07% | ₹463.84 |
| 2034 | ₹424.12 | -3.32% | ₹430.48 |
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.
Rajratan Global Wire Brief Company Overview
Rajratan Global Wire Limited: A Leading Tyre Bead Wire Manufacturer Rajratan Global Wire Limited, established in 1988, is a prominent manufacturer and supplier of tyre bead wires in India and Thailand. Key Products and Services: - Tyre bead wires - High carbon steel wires...
(for construction, engineering, automobile industries) Reputation in the Industry: Rajratan Global Wire has earned a strong reputation for its quality products and reliable services. Diverse Product Range: The company caters to diverse industries with its comprehensive range of steel wires. Commitment to Excellence: Rajratan Global Wire is committed to providing exceptional products and services to its customers.Rajratan Global Wire Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,950.8 Crore | Market valuation of Rajratan Global Wire's shares. |
| Revenue (TTM) | 890.45 Crore | Total revenue generated by Rajratan Global Wire over the past twelve months. |
| Net Income (TTM) | +71.83 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +12.46% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +8.06% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+9.19% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-0.1% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
38.7 | Company's total debt divided by total shareholder equity. |
| Total Debt | 190.65 Crore | Sum of Rajratan Global Wire's current & long-term financial obligations. |
| Total Cash | 15.09 Crore | Total amount of liquid funds available to Rajratan Global Wire. |
| Beta | 0.35 | Beta is less than 1 indicating that the Rajratan Global Wire's price is less volatile than the market. |
Is Rajratan Global Wire A Good Buy For Long Term?
Rajratan Global Wire's weak recent performance, including negative returns over various periods and a decline in earnings compared to the same quarter last year, suggests it is not a good buy for long-term investment at this time.
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.
