Ram Ratna Wires (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Ram Ratna Wires Limited |
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Price: ₹581.85 | ||
| 52 Week Low: ₹245.70 52 Week High: ₹757.80 |
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| Market Capital: 1,633.94 Crore (Smallcap) | |||
| Industrials -> Electrical Equipment & Parts | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Ram Ratna Wires Share Price Target For 2024
- 1.1.1: Ram Ratna Wires Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Ram Ratna Wires Share Price Target For 2025
- 1.2.1: Ram Ratna Wires Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Ram Ratna Wires Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Ram Ratna Wires Brief Company Overview
- 4: Ram Ratna Wires Financial Performance
- 4.0.1: Is Ram Ratna Wires A Good Buy For Long Term?
To predict the Ram Ratna Wires'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
Ram Ratna Wires Share Price Target For 2024
The line chart displays the monthly closing prices of Ram Ratna Wires 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 Ram Ratna Wires shares in 2024, see the table below.
Ram Ratna Wires Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 602.75 (+3.59%) | Price Action: 09 Dec 2024 Low |
| 2024 Target 2 | 596.45 (+2.50%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 590.5 (+1.48%) | Price Action: Sep 2024 Low |
| Current Price | 581.85 | Ram Ratna Wires's share price as of 20 Dec 2024 |
| Stop Loss 1 | 575.0 (-1.18%) | Price Action: 18 Nov 2024 Low |
| Stop Loss 2 | 568.79 (-2.25%) | Price Action: 29 Oct 2024 High |
| Stop Loss 3 | 559.84 (-3.79%) | Price Action: 28 Oct 2024 High |
Short-Term Technical Outlook
Current Technical Position: Ram Ratna Wires is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹597.6 serves as the nearest technical reference point.
Historical Returns: 3-month: -10.92% | 6-month: +52.27% | 1-year: +97.59%
Ram Ratna Wires Share Price Target For 2025
The line chart displays the monthly closing prices of Ram Ratna Wires 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 Ram Ratna Wires shares in 2025, see the table below.
Ram Ratna Wires Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 940.02 (+61.55%) | Price Action: Chart |
| 2025 Target 2 | 922.49 (+58.54%) | Price Action: Chart |
| 2025 Target 1 | 913.36 (+56.97%) | Fibonacci Extension Level 64.90% |
| Current Price | 581.85 | Ram Ratna Wires's share price as of 20 Dec 2024 |
| Stop Loss 1 | 501.04 (-13.89%) | Fibonacci Retracement Level 50.00% |
| Stop Loss 2 | 496.03 (-14.75%) | Price Action: Chart |
| Stop Loss 3 | 487.1 (-16.29%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Ram Ratna Wires is currently trading at 65.6% of its 52-week range (₹245.7 - ₹757.8).
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: +97.59% | 3-year: +636.24% | 5-year: +1,561.48%
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Approach 2: Machine Learning By Studying Historical Prices
Ram Ratna Wires Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹581.85 | ||
| 2024 | ₹688.76 | +18.37% | ₹699.09 |
| 2025 | ₹1,122.66 | +63.00% | ₹1,139.50 |
| 2026 | ₹1,593.45 | +41.94% | ₹1,617.35 |
| 2027 | ₹1,996.98 | +25.32% | ₹2,026.93 |
| 2028 | ₹2,548.79 | +27.63% | ₹2,587.02 |
| 2029 | ₹2,859.38 | +12.19% | ₹2,902.27 |
| 2030 | ₹3,292.86 | +15.16% | ₹3,445.92 |
| 2031 | ₹3,814.89 | +15.85% | ₹3,872.11 |
| 2032 | ₹4,173.97 | +9.41% | ₹4,259.68 |
| 2033 | ₹4,829.98 | +15.72% | ₹4,902.43 |
| 2034 | ₹5,030.01 | +4.14% | ₹5,168.14 |
| 2035 | ₹5,463.06 | +8.61% | ₹5,742.21 |
| 2036 | ₹6,036.32 | +10.49% | ₹6,126.86 |
| 2037 | ₹6,350.97 | +5.21% | ₹6,540.87 |
| 2038 | ₹7,111.17 | +11.97% | ₹7,217.84 |
| 2039 | ₹6,769.80 | -4.80% | ₹7,464.44 |
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.
Ram Ratna Wires Brief Company Overview
About Ram Ratna Wires Limited Established in 1992 and headquartered in Mumbai, Ram Ratna Wires Limited is a prominent manufacturer and exporter of winding wires and allied insulated products. The company caters to original equipment manufacturers (OEMs) in India. Diverse...
Product Range Enameled aluminum and copper strips Submersible winding wires Fine and ultrafine enameled copper wires Centrifugal pumps Float switches Commitment to Quality Ram Ratna Wires Limited is known for its high-quality products and commitment to customer satisfaction. The company has a strong reputation in the industry for its reliable and innovative solutions. Global Presence In addition to its domestic market, Ram Ratna Wires Limited also exports its products, demonstrating its global presence and international recognition.Ram Ratna Wires Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,633.94 Crore | Market valuation of Ram Ratna Wires's shares. |
| Revenue (TTM) | 2,894.26 Crore | Total revenue generated by Ram Ratna Wires over the past twelve months. |
| Net Income (TTM) | +497,239,008.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +3.00% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +1.71% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+14.00% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-6.60% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
73.26 | Company's total debt divided by total shareholder equity. |
| Total Debt | 291.64 Crore | Sum of Ram Ratna Wires's current & long-term financial obligations. |
| Total Cash | 134.97 Crore | Total amount of liquid funds available to Ram Ratna Wires. |
| Beta | 0.44 | Beta is less than 1 indicating that the Ram Ratna Wires's price is less volatile than the market. |
Is Ram Ratna Wires A Good Buy For Long Term?
Despite a revenue increase of 14% in the last quarter, Ram Ratna Wires' earnings have declined by 6.6% compared to the same quarter last year. Its profit margin stands at a modest 1.71%. While the debt remains high at Rs. 291.64 Crore, it has a healthy cash balance of Rs. 134.97 Crore. The company has delivered impressive returns over the past three, five, and one-year periods. Given that it is a smallcap stock with a revenue of Rs. 2,894.26 Crore and a market cap of Rs. 1,633.94 Crore, it could be considered an average buy for long-term investors with a moderate risk tolerance.
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.
