Raj Rayon Industries (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
Raj Rayon Industries Limited |
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Price: ₹23.17 | |||
52 Week Low: ₹15.00 52 Week High: ₹29.95 |
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Market Capital: 1,212.25 Crore (Smallcap) | |||
Consumer Cyclical -> Textile Manufacturing |
Show Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Raj Rayon Industries Share Price Target For 2024
- 1.1.1: Raj Rayon Industries Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Raj Rayon Industries Share Price Target For 2025
- 1.2.1: Raj Rayon Industries Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Raj Rayon Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Raj Rayon Industries Brief Company Overview
- 4: Raj Rayon Industries Financial Performance
- 4.0.1: Is Raj Rayon Industries A Good Buy For Long Term?
To predict the Raj Rayon Industries'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
Raj Rayon Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Raj Rayon Industries 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 Raj Rayon Industries shares in 2024, see the table below.
Raj Rayon Industries Share Price Target Table For 2024
Level | Value | Analysis |
---|---|---|
2024 Target 3 | 24.09 (+3.97%) | Price Action: 08 Oct 2024 High |
2024 Target 2 | 23.84 (+2.89%) | Fibonacci Extension Level 23.60% |
2024 Target 1 | 23.6 (+1.85%) | Price Action: 16 Dec 2024 High |
Current Price | 23.17 | Raj Rayon Industries's share price as of 26 Dec 2024 |
Stop Loss 1 | 22.97 (-0.87%) | Price Action: 20 Dec 2024 High |
Stop Loss 2 | 22.74 (-1.86%) | Price Action: 02 Dec 2024 High |
Stop Loss 3 | 22.51 (-2.85%) | Price Action: 14 Aug 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Raj Rayon Industries is showing mixed momentum signals near key moving averages.
Key Technical Level: The 50-day moving average at ₹23.23 serves as the nearest technical reference point.
Historical Returns: 3-month: -1.57% | 6-month: +12.15% | 1-year: +20.36%
Raj Rayon Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Raj Rayon Industries 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 Raj Rayon Industries shares in 2025, see the table below.
Raj Rayon Industries Share Price Target Table For 2025
Level | Value | Analysis |
---|---|---|
2025 Target 3 | 32.87 (+41.86%) | Fibonacci Extension Level 64.90% |
2025 Target 2 | 32.5 (+40.26%) | Price Action: 21 Nov 2023 High |
2025 Target 1 | 32.15 (+38.75%) | Price Action: 27 Oct 2023 High |
Current Price | 23.17 | Raj Rayon Industries's share price as of 26 Dec 2024 |
Stop Loss 1 | 20.95 (-9.59%) | Price Action: 21 Dec 2023 High |
Stop Loss 2 | 20.74 (-10.49%) | Price Action: 24 Jul 2024 High |
Stop Loss 3 | 20.5 (-11.53%) | Price Action: May 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Raj Rayon Industries is currently trading at 54.6% of its 52-week range (₹15 - ₹29.95).
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +20.36% | 3-year: -33.79% | 5-year: +363.4%
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Approach 2: Machine Learning By Studying Historical Prices
Raj Rayon Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
Year | Target 1 | Target 1 YoY Chg % | Target 2 |
---|---|---|---|
Current Price | ₹23.17 | ||
2024 | ₹27.04 | +16.7% | ₹27.45 |
2025 | ₹30.03 | +11.05% | ₹44.06 |
2026 | ₹53.77 | +79.05% | ₹61.23 |
2027 | ₹78.24 | +45.5% | ₹79.41 |
2028 | ₹82.94 | +6% | ₹84.18 |
2029 | ₹78.54 | -5.3% | ₹95.72 |
2030 | ₹71.46 | -9.01% | ₹98.59 |
2031 | ₹111.90 | +56.59% | ₹113.58 |
2032 | ₹147.79 | +32.07% | ₹150.01 |
2033 | ₹145.54 | -1.52% | ₹147.72 |
2034 | ₹130.04 | -10.64% | ₹166.19 |
2035 | ₹112.88 | -13.19% | ₹183.81 |
2036 | ₹170.03 | +50.62% | ₹201.42 |
2037 | ₹217.33 | +27.81% | ₹220.59 |
2038 | ₹208.14 | -4.22% | ₹215.71 |
2039 | ₹175.58 | -15.64% | ₹236.66 |
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.
Raj Rayon Industries Brief Company Overview
Raj Rayon Industries Limited: A Polyester Powerhouse Established in 1993, Raj Rayon Industries Limited is a venerated producer and distributor of polyester products in India. The company offers an extensive portfolio of polyester chips, yarns, and fibers, including trilobal,...
cationic, and anti-microbial variants. Its diverse product range caters to various industries, meeting the specific demands of textile manufacturers, apparel brands, and more. Raj Rayon Industries Limited holds a strong market presence in India and exports its products globally to countries spanning South America, the Middle East, Europe, and Southeast Asia. The company's commitment to quality and innovation has earned it a reputation for excellence in the industry. Key Products: Polyester chips, yarns, and fibers Established: 1993 Market Presence: India and global export markets Reputation: Recognized for quality and innovation Commitment: To meet the evolving needs of customersRaj Rayon Industries Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 1,212.25 Crore | Market valuation of Raj Rayon Industries's shares. |
Revenue (TTM) | 638.68 Crore | Total revenue generated by Raj Rayon Industries over the past twelve months. |
Net Income (TTM) | +3.31 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | +3.9% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | +0.51% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) |
+651.19% | Change in revenue compared to the previous quarter. |
Debt-to-Equity (D/E) Ratio |
164.07 | Company's total debt divided by total shareholder equity. |
Total Debt | 177.65 Crore | Sum of Raj Rayon Industries's current & long-term financial obligations. |
Total Cash | 1.73 Crore | Total amount of liquid funds available to Raj Rayon Industries. |
Beta | -1.71 | Beta is less than 1 indicating that the Raj Rayon Industries's price is less volatile than the market. |
Is Raj Rayon Industries A Good Buy For Long Term?
Despite recent revenue growth, Raj Rayon Industries' weak profitability (0.51% profit margin) and substantial debt (177.65 Crore as of Q3-2023-24) raise concerns. While it may be a speculative play given its past 3-year returns of -12.80%, long-term investors should proceed with caution due to its deteriorating financials and negative 12-month returns (-54.06%).
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.