RELICAB (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Relicab Cable Manufacturing Limited |
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Price: ₹100.45 | ||
| 52 Week Low: ₹86.05 52 Week High: ₹156.00 |
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| Market Capital: 55.66 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 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: Short-Term Technical Outlook
- 1.2: RELICAB Share Price Target For 2025
- 1.2.1: RELICAB Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: RELICAB Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: RELICAB Financial Performance
- 3.0.1: Is RELICAB A Good Buy For Long Term?
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
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 106.75 (+6.27%) | Price Action: May 2024 High |
| 2024 Target 2 | 105.55 (+5.07%) | Price Action: 05 Nov 2024 Low |
| 2024 Target 1 | 104.5 (+4.03%) | Price Action: 14 Mar 2024 High |
| Current Price | 100.45 | RELICAB's share price as of 26 Dec 2024 |
| Stop Loss 1 | 98.55 (-1.9%) | Price Action: 13 Jun 2024 Low |
| Stop Loss 2 | 97.5 (-2.94%) | Price Action: 10 Jan 2024 High |
| Stop Loss 3 | 96.45 (-3.99%) | Price Action: 19 Dec 2023 High |
Short-Term Technical Outlook
Current Technical Position: RELICAB is showing mixed momentum signals near key moving averages.
Key Technical Level: The 25-day moving average at ₹99.4 serves as the nearest technical reference point.
Historical Returns: 3-month: -28.17% | 6-month: -4.33% | 1-year: +8.44%
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
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 146.0 (+45.34%) | Price Action: 10 Sep 2024 Low |
| 2025 Target 2 | 144.45 (+43.8%) | Price Action: 08 Oct 2024 High |
| 2025 Target 1 | 142.8 (+42.16%) | Price Action: 23 Aug 2024 Low |
| Current Price | 100.45 | RELICAB's share price as of 26 Dec 2024 |
| Stop Loss 1 | 90.08 (-10.33%) | Price Action: 10 Oct 2023 Low |
| Stop Loss 2 | 89.15 (-11.25%) | Price Action: 26 Sep 2023 Low |
| Stop Loss 3 | 87.03 (-13.36%) | Fibonacci Retracement Level 98.60% |
Long-Term Technical Outlook
52-Week Range Analysis: RELICAB is currently trading near its 52-week low of ₹86.05, 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: +8.44% | 3-year: +148.94% | 5-year: +141.47%
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Approach 2: Machine Learning By Studying Historical Prices
RELICAB Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹100.45 | ||
| 2024 | ₹128.63 | +28.05% | ₹130.56 |
| 2025 | ₹128.91 | +0.21% | ₹130.84 |
| 2026 | ₹135.37 | +5.01% | ₹139.88 |
| 2027 | ₹144.44 | +6.7% | ₹149.70 |
| 2028 | ₹147.65 | +2.22% | ₹159.52 |
| 2029 | ₹167.29 | +13.3% | ₹169.80 |
| 2030 | ₹165.45 | -1.09% | ₹167.93 |
| 2031 | ₹171.69 | +3.77% | ₹179.16 |
| 2032 | ₹181.22 | +5.55% | ₹188.98 |
| 2033 | ₹183.42 | +1.21% | ₹198.81 |
| 2034 | ₹205.94 | +12.27% | ₹209.03 |
| 2035 | ₹202.00 | -1.91% | ₹205.03 |
| 2036 | ₹208.00 | +2.97% | ₹218.45 |
| 2037 | ₹218.00 | +4.8% | ₹228.27 |
| 2038 | ₹219.19 | +0.54% | ₹238.09 |
| 2039 | ₹247.91 | +13.1% | ₹251.63 |
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.
RELICAB Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 55.66 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.
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.
