Reliance Chemotex (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
|
Reliance Chemotex Industries Limited |
|||
|
Price: ₹207.53 | ||
| 52 Week Low: ₹181.00 52 Week High: ₹310.00 |
|||
| Market Capital: 163.09 Crore (Smallcap) | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Reliance Chemotex Share Price Target For 2024
- 1.1.1: Reliance Chemotex Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Reliance Chemotex Share Price Target For 2025
- 1.2.1: Reliance Chemotex Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Reliance Chemotex Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Reliance Chemotex Brief Company Overview
- 4: Reliance Chemotex Financial Performance
- 4.0.1: Is Reliance Chemotex A Good Buy For Long Term?
To predict the Reliance Chemotex'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
Reliance Chemotex Share Price Target For 2024
The line chart displays the monthly closing prices of Reliance Chemotex 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 Reliance Chemotex shares in 2024, see the table below.
Reliance Chemotex Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 218.35 (+5.21%) | Price Action: 10 Oct 2024 Low |
| 2024 Target 2 | 216.1 (+4.12%) | Price Action: 21 Nov 2024 High |
| 2024 Target 1 | 213.95 (+3.09%) | Price Action: 07 Jun 2024 High |
| Current Price | 207.53 | Reliance Chemotex's share price as of 26 Dec 2024 |
| Stop Loss 1 | 204.34 (-1.54%) | Price Action: Feb 2024 Low |
| Stop Loss 2 | 202.0 (-2.67%) | Price Action: 11 Sep 2023 Low |
| Stop Loss 3 | 199.95 (-3.66%) | Price Action: 14 Sep 2023 High |
Short-Term Technical Outlook
Current Technical Position: Reliance Chemotex is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹215.2 serves as the nearest technical reference point.
Historical Returns: 3-month: -6.68% | 6-month: -14.82% | 1-year: -29.91%
Reliance Chemotex Share Price Target For 2025
The line chart displays the monthly closing prices of Reliance Chemotex 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 Reliance Chemotex shares in 2025, see the table below.
Reliance Chemotex Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 316.1 (+52.31%) | Fibonacci Extension Level 64.90% |
| 2025 Target 2 | 312.2 (+50.43%) | Price Action: 13 Dec 2023 High |
| 2025 Target 1 | 308.3 (+48.55%) | Price Action: 11 Dec 2023 High |
| Current Price | 207.53 | Reliance Chemotex's share price as of 26 Dec 2024 |
| Stop Loss 1 | 182.58 (-12.03%) | Fibonacci Retracement Level 98.60% |
| Stop Loss 2 | 180.24 (-13.15%) | Price Action: Mar 2024 Low |
| Stop Loss 3 | 178.3 (-14.09%) | Price Action: 02 Aug 2023 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Reliance Chemotex is currently trading near its 52-week low of ₹181, 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: -29.91% | 3-year: -30.08% | 5-year: +222.5%
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Reliance Chemotex Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹207.53 | ||
| 2024 | ₹215.11 | +3.65% | ₹218.34 |
| 2025 | ₹204.49 | -4.93% | ₹219.56 |
| 2026 | ₹205.54 | +0.51% | ₹208.62 |
| 2027 | ₹189.45 | -7.82% | ₹199.34 |
| 2028 | ₹174.88 | -7.69% | ₹194.87 |
| 2029 | ₹167.98 | -3.94% | ₹182.53 |
| 2030 | ₹157.63 | -6.16% | ₹170.19 |
| 2031 | ₹156.18 | -0.91% | ₹158.52 |
| 2032 | ₹141.66 | -9.29% | ₹151.28 |
| 2033 | ₹184.12 | +29.97% | ₹186.88 |
| 2034 | ₹183.01 | -0.6% | ₹194.32 |
| 2035 | ₹178.19 | -2.63% | ₹189.38 |
| 2036 | ₹183.75 | +3.12% | ₹186.51 |
| 2037 | ₹174.09 | -5.25% | ₹178.60 |
| 2038 | ₹165.51 | -4.92% | ₹179.50 |
| 2039 | ₹161.86 | -2.2% | ₹174.55 |
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.
Reliance Chemotex Brief Company Overview
Reliance Chemotex Industries Limited: A Comprehensive Overview Established in 1977, Reliance Chemotex Industries Limited is a reputable manufacturer of synthetic and blended yarns in India. With a commitment to excellence, the company caters to the home furnishing,...
industrial, and apparel sectors domestically and exports to over 37 countries globally. Their diverse product range includes a wide array of yarns, making them a trusted partner for various industries. Reliance Chemotex Industries Limited's dedication to quality has earned them a strong reputation in the industry.Reliance Chemotex Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 163.09 Crore | Market valuation of Reliance Chemotex's shares. |
| Revenue (TTM) | 344.59 Crore | Total revenue generated by Reliance Chemotex over the past twelve months. |
| Net Income (TTM) | +5.52 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +5.71% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +1.6% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-7.2% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-98% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
187.08 | Company's total debt divided by total shareholder equity. |
| Total Debt | 248.5 Crore | Sum of Reliance Chemotex's current & long-term financial obligations. |
| Total Cash | 59.83 Crore | Total amount of liquid funds available to Reliance Chemotex. |
| Beta | 0.37 | Beta is less than 1 indicating that the Reliance Chemotex's price is less volatile than the market. |
Is Reliance Chemotex A Good Buy For Long Term?
Reliance Chemotex is a risky buy in the long term. While it has shown strong growth in the past, its recent performance has been poor. Revenue declined by 7.2% and earnings by 98% in the last quarter. Additionally, it has a high debt-to-equity ratio of 2.2. Investors should exercise caution before investing in this stock.
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.
