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Reliance Chemotex Share Price Target 2024, 2025, 2026 to 2039 With Charts
Reliance Chemotex Industries Limited | |||
 | Symbol: RELCHEMQ | ||
| Price: ₹238.42 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Reliance Chemotex Brief Company Overview
- 1.1: Reliance Chemotex Industries Limited: A Comprehensive Overview
- 1.2: Reliance Chemotex Financial Performance
- 1.2.1: Is Reliance Chemotex A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Reliance Chemotex Share Price Target For 2024
- 2.1.1: Reliance Chemotex Share Price Target Table For 2024
- 2.1.2: Summary: Reliance Chemotex Share Price Prediction For 2024
- 2.2: Reliance Chemotex Share Price Target For 2025
- 2.2.1: Reliance Chemotex Share Price Target Table For 2025
- 2.2.2: Summary: Reliance Chemotex Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Reliance Chemotex Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Reliance Chemotex Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Reliance Chemotex Past Performance
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.
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Reliance Chemotex Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 151.66 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.
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.
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Reliance Chemotex Share Price Target Table For 2024
| Reliance Chemotex's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 241.68 (+1.36%) | Technical Indicator: MA200 |
| 2024 Target 2 | 238.99 (+0.23%) | Price Action: Aug 2024 High |
| 2024 Target 1 | 235.85 (-1.08%) | Price Action: 05 Aug 2024 High |
| Current Price | 238.42 | Reliance Chemotex's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 231.85 (-2.76%) | Price Action: 23 Aug 2024 Low |
| Stop Loss 2 | 228.00 (-4.38%) | Price Action: Apr 2022 Low |
| Stop Loss 3 | 225.00 (-5.63%) | Price Action: Mar 2022 Low |
Summary: Reliance Chemotex Share Price Prediction For 2024
In summary, Reliance Chemotex has declined by ₹-58.93, recording a notable -19.82% decrease from 1st January 2024 to 06 Sep 2024. Despite the setback, our analysis of Reliance Chemotex for 2024 predicts an additional rise of -1.08% to 1.36% by the end of 2024 with three potential targets T1: 235.85, T2: 238.99, T3: 241.68. Stop Loss at SL1: 231.85, SL2: 228.00, SL3: 225.00.
Reliance Chemotex has a 52-week high of ₹349.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹175.10, 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 Reliance Chemotex.
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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.
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Reliance Chemotex Share Price Target Table For 2025
| Reliance Chemotex's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 358.87 (+50.52%) | Price Action: Chart |
| 2025 Target 2 | 352.18 (+47.71%) | Price Action: Chart |
| 2025 Target 1 | 348.69 (+46.25%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 238.42 | Reliance Chemotex's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 206.55 (-13.37%) | Price Action: Nov 2022 High |
| Stop Loss 2 | 204.48 (-14.24%) | Price Action: Chart |
| Stop Loss 3 | 201.00 (-15.7%) | Price Action: Oct 2021 High |
Summary: Reliance Chemotex Share Price Prediction For 2025
In summary, Reliance Chemotex has declined by ₹-58.93, recording a notable -19.82% decrease from 1st January 2024 to 06 Sep 2024. Despite the setback, our analysis of Reliance Chemotex for 2025 predicts an additional rise of 46.25% to 50.52% by the end of 2025 with three potential targets T1: 348.69, T2: 352.18, T3: 358.87. Stop Loss at SL1: 206.55, SL2: 204.48, SL3: 201.00.
Reliance Chemotex has a All-Time high of ₹349.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹175.10, 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 Reliance Chemotex, we have created a specific page for that check here: Reliance Chemotex Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Reliance Chemotex Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Reliance Chemotex share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 1.95% over the next 15 years.
For complete year by year Reliance Chemotex long term share price target from 2024, 2025 to 2039 check the below table.
Reliance Chemotex Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Reliance Chemotex Target | YoY Change % |
|---|---|---|
| 2024 | ₹238.42 | [Current Price] |
| 2024 | ₹234.03 | -1.85% |
| 2025 | ₹239.69 | 2.41% |
| 2026 | ₹246.68 | 2.91% |
| 2027 | ₹251.7 | 2.03% |
| 2028 | ₹253.81 | 0.83% |
| 2029 | ₹258.24 | 1.74% |
| 2030 | ₹263.98 | 2.22% |
| 2031 | ₹271.18 | 2.72% |
| 2032 | ₹276.2 | 1.85% |
| 2033 | ₹278.05 | 0.66% |
| 2034 | ₹282.44 | 1.57% |
| 2035 | ₹288.26 | 2.06% |
| 2036 | ₹295.68 | 2.57% |
| 2037 | ₹300.72 | 1.7% |
| 2038 | ₹302.3 | 0.52% |
| 2039 | ₹306.48 | 1.38% |
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Reliance Chemotex Past Performance
- In 2006, Reliance Chemotex opening price was ₹17.5
- As of Fri 06 Sep 2024 the price stands at ₹238.42.
- This represents a Compound Annual Growth Rate (CAGR) of 14.74%.
- In 18 years, an investment of 10,000 would have become ₹1.36 Lakh.
As we wrap up, we hope you like our study on Reliance Chemotex 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.
- Reliance Chemotex Share Price History
- Reliance Chemotex Price Target Tomorrow
- Reliance Chemotex 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.
