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Rajratan Global Wire Share Price Target 2024, 2025, 2026 to 2039 With Charts
Rajratan Global Wire Limited | |||
 | Symbol: RAJRATAN | ||
| Price: ₹501 | |||
| Exchange: NSE | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Rajratan Global Wire Brief Company Overview
- 1.1: Rajratan Global Wire Limited: A Leading Tyre Bead Wire Manufacturer
- 1.2: Rajratan Global Wire Financial Performance
- 1.2.1: Is Rajratan Global Wire A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Rajratan Global Wire Share Price Target For 2024
- 2.1.1: Rajratan Global Wire Share Price Target Table For 2024
- 2.1.2: Summary: Rajratan Global Wire Share Price Prediction For 2024
- 2.2: Rajratan Global Wire Share Price Target For 2025
- 2.2.1: Rajratan Global Wire Share Price Target Table For 2025
- 2.2.2: Summary: Rajratan Global Wire Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Rajratan Global Wire Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Rajratan Global Wire Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Rajratan Global Wire Past Performance
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 | 2,980.76 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.
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
| Rajratan Global Wire's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 514.95 (+2.78%) | Fibonacci Extension Level 171.8% |
| 2024 Target 2 | 508.13 (+1.42%) | Custom Fibonacci Extension Lvl 82% |
| 2024 Target 1 | 503.05 (+0.4%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 501.00 | Rajratan Global Wire's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 500.12 (-0.18%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 2 | 494.62 (-1.28%) | Fibonacci Retracement Extended 61.8% |
| Stop Loss 3 | 477.70 (-4.66%) | Price Action: Dec 2020 High |
Summary: Rajratan Global Wire Share Price Prediction For 2024
In summary, Rajratan Global Wire has declined by ₹-279.40, recording a notable -35.80% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Rajratan Global Wire for 2024 predicts an additional rise of 0.4% to 2.78% by the end of 2024 with three potential targets T1: 503.05, T2: 508.13, T3: 514.95. Stop Loss at SL1: 500.12, SL2: 494.62, SL3: 477.70.
Rajratan Global Wire has a 52-week high of ₹819.84, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹500.00, 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 Rajratan Global Wire.
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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
| Rajratan Global Wire's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 729.27 (+45.56%) | Price Action: Chart |
| 2025 Target 2 | 715.67 (+42.84%) | Price Action: Chart |
| 2025 Target 1 | 708.58 (+41.43%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 501.00 | Rajratan Global Wire's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 435.05 (-13.17%) | Price Action: Jan 2021 Low |
| Stop Loss 2 | 430.70 (-14.04%) | Price Action: Chart |
| Stop Loss 3 | 422.95 (-15.58%) | Price Action: Chart |
Summary: Rajratan Global Wire Share Price Prediction For 2025
In summary, Rajratan Global Wire has declined by ₹-279.40, recording a notable -35.80% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Rajratan Global Wire for 2025 predicts an additional rise of 41.43% to 45.56% by the end of 2025 with three potential targets T1: 708.58, T2: 715.67, T3: 729.27. Stop Loss at SL1: 435.05, SL2: 430.70, SL3: 422.95.
Rajratan Global Wire has a All-Time high of ₹3049.90, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹500.00, 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 Rajratan Global Wire, we have created a specific page for that check here: Rajratan Global Wire Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Rajratan Global Wire Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Rajratan Global Wire share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -3.17% over the next 10 years.
For complete year by year Rajratan Global Wire long term share price target from 2024, 2025 to 2039 check the below table.
Rajratan Global Wire Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Rajratan Global Wire Target | YoY Change % |
|---|---|---|
| 2024 | ₹501 | [Current Price] |
| 2024 | ₹542.09 | 8.2% |
| 2025 | ₹345.53 | -36.26% |
| 2026 | ₹394.53 | 14.18% |
| 2027 | ₹423.08 | 7.23% |
| 2028 | ₹358.45 | -15.28% |
| 2029 | ₹429.01 | 19.68% |
| 2030 | ₹439.67 | 2.48% |
| 2031 | ₹467.69 | 6.37% |
| 2032 | ₹439.03 | -6.13% |
| 2033 | ₹438.71 | -0.08% |
| 2034 | ₹405.68 | -7.53% |
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Rajratan Global Wire Past Performance
- In 2020, Rajratan Global Wire opening price was ₹196.4
- As of Thu 21 Nov 2024 the price stands at ₹501.
- This represents a Compound Annual Growth Rate (CAGR) of 20.6%.
- In 4 years, an investment of 10,000 would have become ₹25,509.16.
As we wrap up, we hope you like our study on Rajratan Global Wire 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.
- Rajratan Global Wire Share Price History
- Rajratan Global Wire Price Target Tomorrow
- Rajratan Global Wire Dividend History
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.
