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RELICAB Share Price Target 2024, 2025, 2026 to 2039 With Charts
Relicab Cable Manufacturing Limited | |||
 | Symbol: RELICAB | ||
| Price: ₹103 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: RELICAB Financial Performance
- 0.1.1: Is RELICAB A Good Buy For Long Term?
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: RELICAB Share Price Target For 2024
- 1.1.1: RELICAB Share Price Target Table For 2024
- 1.1.2: Summary: RELICAB Share Price Prediction For 2024
- 1.2: RELICAB Share Price Target For 2025
- 1.2.1: RELICAB Share Price Target Table For 2025
- 1.2.2: Summary: RELICAB Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: RELICAB Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: RELICAB Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: RELICAB Past Performance
RELICAB Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 54.44 Crore | Market valuation of RELICAB's shares. |
| Revenue (TTM) | 34.55 Crore | Total revenue generated by RELICAB over the past twelve months. |
| Net Income (TTM) | +1.5 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 9.31% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 17.66% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -12.94% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | 0.86 | Company's total debt divided by total shareholder equity. |
| Total Debt | 9.78 Crore | Sum of RELICAB's current & long-term financial obligations. |
Is RELICAB A Good Buy For Long Term?
RELICAB, a small-cap stock with a market capitalization of 55.66 Crore, has shown mixed performance in recent quarters. Despite a revenue decline of 12.94% compared to the previous quarter, it maintains a healthy profit margin of 17.66%. The company has a debt of 9.78 Crore as reported in its Q3-2023-24 Quarterly Report. Over the past twelve months, RELICAB has delivered impressive returns of 68.93%. Given its small size and recent revenue decline, it may be considered an average long-term buy.
To predict the RELICAB'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
RELICAB Share Price Target For 2024
The line chart displays the monthly closing prices of RELICAB 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 RELICAB shares in 2024, see the table below.
RELICAB Share Price Target Table For 2024
| RELICAB's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 107.45 (+4.32%) | Fibonacci Extension Level 100% |
| 2024 Target 2 | 106.00 (+2.91%) | Price Action: 13 Nov 2024 Low |
| 2024 Target 1 | 104.80 (+1.74%) | Price Action: 08 Nov 2024 High |
| Current Price | 103.00 | RELICAB's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 101.90 (-1.07%) | Price Action: Apr 2024 High |
| Stop Loss 2 | 100.66 (-2.28%) | Fibonacci Retracement Level 71.8% |
| Stop Loss 3 | 99.00 (-3.89%) | Price Action: 12 Nov 2024 Low |
Summary: RELICAB Share Price Prediction For 2024
In summary, RELICAB has surged by ₹10.38, achieving a notable +11.21% increase from 1st January 2024 to 21 Nov 2024. Our analysis of RELICAB for 2024 predicts an additional rise of 1.74% to 4.32% by the end of 2024 with three potential targets T1: 104.80, T2: 106.00, T3: 107.45. Stop Loss at SL1: 101.90, SL2: 100.66, SL3: 99.00.
RELICAB has a 52-week high of ₹156.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹89.00, 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 RELICAB.
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RELICAB Share Price Target For 2025
The line chart displays the monthly closing prices of RELICAB 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 RELICAB shares in 2025, see the table below.
RELICAB Share Price Target Table For 2025
| RELICAB's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 146.67 (+42.39%) | Price Action: Chart |
| 2025 Target 2 | 143.94 (+39.74%) | Price Action: Chart |
| 2025 Target 1 | 142.51 (+38.35%) | Technical Indicator: MA50 |
| Current Price | 103.00 | RELICAB's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 92.05 (-10.64%) | Price Action: 11 Nov 2024 Low |
| Stop Loss 2 | 90.00 (-12.63%) | Price Action: Jan 2024 Low |
| Stop Loss 3 | 89.10 (-13.5%) | Price Action: Feb 2024 Low |
Summary: RELICAB Share Price Prediction For 2025
In summary, RELICAB has surged by ₹10.38, achieving a notable +11.21% increase from 1st January 2024 to 21 Nov 2024. Our analysis of RELICAB for 2025 predicts an additional rise of 38.35% to 42.39% by the end of 2025 with three potential targets T1: 142.51, T2: 143.94, T3: 146.67. Stop Loss at SL1: 92.05, SL2: 90.00, SL3: 89.10.
RELICAB has a All-Time high of ₹156.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹89.00, 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 RELICAB, we have created a specific page for that check here: RELICAB Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
RELICAB Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of RELICAB share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 7.12% over the next 15 years.
For complete year by year RELICAB long term share price target from 2024, 2025 to 2039 check the below table.
RELICAB Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | RELICAB Target | YoY Change % |
|---|---|---|
| 2024 | ₹103 | [Current Price] |
| 2024 | ₹132.3 | 28.44% |
| 2025 | ₹138.3 | 4.53% |
| 2026 | ₹150.59 | 8.88% |
| 2027 | ₹165.81 | 10.1% |
| 2028 | ₹174.23 | 5.07% |
| 2029 | ₹202.27 | 16.09% |
| 2030 | ₹204.45 | 1.07% |
| 2031 | ₹216.33 | 5.81% |
| 2032 | ₹232.39 | 7.42% |
| 2033 | ₹238.98 | 2.83% |
| 2034 | ₹272.25 | 13.92% |
| 2035 | ₹270.61 | -0.61% |
| 2036 | ₹282.07 | 4.23% |
| 2037 | ₹298.95 | 5.98% |
| 2038 | ₹303.74 | 1.59% |
| 2039 | ₹346.6 | 14.11% |
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RELICAB Past Performance
- In 2016, RELICAB opening price was ₹20
- As of Thu 21 Nov 2024 the price stands at ₹103.
- This represents a Compound Annual Growth Rate (CAGR) of 19.97%.
- In 8 years, an investment of 10,000 would have become ₹51,500.
As we wrap up, we hope you like our study on RELICAB 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.
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.
