Rama Steel Tubes (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Rama Steel Tubes Limited |
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Price: ₹12.22 | ||
| 52 Week Low: ₹9.90 52 Week High: ₹17.55 |
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| Market Capital: 1,935.01 Crore (Smallcap) | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Rama Steel Tubes Share Price Target For 2024
- 1.1.1: Rama Steel Tubes Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Rama Steel Tubes Share Price Target For 2025
- 1.2.1: Rama Steel Tubes Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Rama Steel Tubes Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Rama Steel Tubes Brief Company Overview
- 4: Rama Steel Tubes Financial Performance
- 4.0.1: Is Rama Steel Tubes A Good Buy For Long Term?
To predict the Rama Steel Tubes'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
Rama Steel Tubes Share Price Target For 2024
The line chart displays the monthly closing prices of Rama Steel Tubes 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 Rama Steel Tubes shares in 2024, see the table below.
Rama Steel Tubes Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 12.91 (+5.64%) | Price Action: 13 Dec 2024 Low |
| 2024 Target 2 | 12.75 (+4.33%) | Price Action: Oct 2023 High |
| 2024 Target 1 | 12.59 (+3.02%) | Price Action: Jun 2024 High |
| Current Price | 12.22 | Rama Steel Tubes's share price as of 20 Dec 2024 |
| Stop Loss 1 | 12.11 (-0.91%) | Price Action: 19 Nov 2024 Low |
| Stop Loss 2 | 11.98 (-1.97%) | Price Action: Jan 2024 Low |
| Stop Loss 3 | 11.86 (-2.95%) | Price Action: 29 Oct 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Rama Steel Tubes is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹12.81 serves as the nearest technical reference point.
Historical Returns: 3-month: -15.55% | 6-month: +6.91% | 1-year: +1.83%
Rama Steel Tubes Share Price Target For 2025
The line chart displays the monthly closing prices of Rama Steel Tubes 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 Rama Steel Tubes shares in 2025, see the table below.
Rama Steel Tubes Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 17.87 (+46.23%) | Price Action: Chart |
| 2025 Target 2 | 17.54 (+43.53%) | Fibonacci Extension Level 100.00% |
| 2025 Target 1 | 17.22 (+40.91%) | Fibonacci Extension Level 64.90% |
| Current Price | 12.22 | Rama Steel Tubes's share price as of 20 Dec 2024 |
| Stop Loss 1 | 11.06 (-9.50%) | Price Action: Apr 2023 High |
| Stop Loss 2 | 10.83 (-11.38%) | Price Action: Mar 2024 Low |
| Stop Loss 3 | 10.68 (-12.61%) | Price Action: Oct 2023 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Rama Steel Tubes is currently trading at 30.3% of its 52-week range (₹9.9 - ₹17.55).
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: +1.83% | 3-year: +170.95% | 5-year: +1,870.97%
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Approach 2: Machine Learning By Studying Historical Prices
Rama Steel Tubes Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹12.22 | ||
| 2024 | ₹8.37 | -31.51% | ₹9.13 |
| 2025 | ₹20.49 | +144.80% | ₹23.90 |
| 2026 | ₹15.20 | -25.82% | ₹19.27 |
| 2027 | ₹11.62 | -23.55% | ₹11.79 |
| 2028 | ₹59.26 | +409.98% | ₹60.15 |
| 2029 | ₹61.85 | +4.37% | ₹62.78 |
| 2030 | ₹65.76 | +6.32% | ₹66.75 |
| 2031 | ₹69.09 | +5.06% | ₹70.13 |
| 2032 | ₹74.06 | +7.19% | ₹75.17 |
| 2033 | ₹78.87 | +6.49% | ₹80.05 |
| 2034 | ₹81.04 | +2.75% | ₹82.26 |
| 2035 | ₹84.97 | +4.85% | ₹86.24 |
| 2036 | ₹88.16 | +3.75% | ₹89.48 |
| 2037 | ₹93.43 | +5.98% | ₹94.83 |
| 2038 | ₹98.47 | +5.39% | ₹99.95 |
| 2039 | ₹98.81 | +0.35% | ₹100.29 |
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.
Rama Steel Tubes Brief Company Overview
Rama Steel Tubes Limited: A Leading Steel Manufacturer in India and Beyond Established in 1974, Rama Steel Tubes Limited has been a prominent player in the manufacturing and trading of steel pipes and tubes in India and internationally for over four decades. The company's...
diverse product portfolio includes ERW galvanized and black steel pipes and tubes, scaffolding pipes and tubes, swaged poles, structural steel products, and hollow sections. Rama Steel Tubes Limited has a strong presence in both the domestic and international markets, with a presence in the United Kingdom, the United Arab Emirates, Sri Lanka, Ethiopia, and many more countries. Rama Steel Tubes Limited is known for its commitment to quality, innovation, and customer satisfaction. The company has received numerous accolades and certifications for its exceptional products and services, including the ISO 9001:2015 certification. With its state-of-the-art manufacturing facilities, skilled workforce, and commitment to excellence, Rama Steel Tubes Limited is well-positioned to continue its growth trajectory and maintain its leadership position in the steel industry.Rama Steel Tubes Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,935.01 Crore | Market valuation of Rama Steel Tubes's shares. |
| Revenue (TTM) | 1,171.86 Crore | Total revenue generated by Rama Steel Tubes over the past twelve months. |
| Net Income (TTM) | +319,068,000.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +6.71% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +2.72% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-25.80% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+22.90% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
43.82 | Company's total debt divided by total shareholder equity. |
| Total Debt | 142.46 Crore | Sum of Rama Steel Tubes's current & long-term financial obligations. |
| Total Cash | 33.35 Crore | Total amount of liquid funds available to Rama Steel Tubes. |
| Beta | 0.91 | Beta is less than 1 indicating that the Rama Steel Tubes's price is less volatile than the market. |
Is Rama Steel Tubes A Good Buy For Long Term?
Rama Steel Tubes exhibits mixed financial performance with a stagnant revenue and modest net profit growth over the past year. Despite a high debt burden, the company maintains a positive cash balance. While its past returns have been volatile, Rama Steel Tubes has historically generated strong returns over longer periods. Given the current market conditions and the company's financial position, it may be considered an average buy for long-term investors seeking potential growth with moderate risk.
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.
