Renaissance Global (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Renaissance Global Limited |
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Price: ₹176.25 | ||
| 52 Week Low: ₹87.40 52 Week High: ₹195.70 |
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| Market Capital: 988.23 Crore (Smallcap) | |||
| Consumer Cyclical -> Luxury Goods | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Renaissance Global Share Price Target For 2024
- 1.1.1: Renaissance Global Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Renaissance Global Share Price Target For 2025
- 1.2.1: Renaissance Global Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Renaissance Global Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Renaissance Global Brief Company Overview
- 4: Renaissance Global Financial Performance
- 4.0.1: Is Renaissance Global A Good Buy For Long Term?
To predict the Renaissance Global'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
Renaissance Global Share Price Target For 2024
The line chart displays the monthly closing prices of Renaissance Global 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 Renaissance Global shares in 2024, see the table below.
Renaissance Global Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 183.83 (+4.30%) | Price Action: 20 Dec 2024 High |
| 2024 Target 2 | 181.89 (+3.19%) | Price Action: 18 Dec 2024 High |
| 2024 Target 1 | 180.0 (+2.12%) | Price Action: 04 Dec 2024 Low |
| Current Price | 176.25 | Renaissance Global's share price as of 20 Dec 2024 |
| Stop Loss 1 | 174.78 (-0.84%) | Price Action: 28 Oct 2024 High |
| Stop Loss 2 | 173.02 (-1.84%) | Price Action: 28 Nov 2024 Low |
| Stop Loss 3 | 170.81 (-3.09%) | Price Action: 05 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Renaissance Global is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹176.42 serves as the nearest technical reference point.
Historical Returns: 3-month: +47.56% | 6-month: +73.80% | 1-year: +70.97%
Renaissance Global Share Price Target For 2025
The line chart displays the monthly closing prices of Renaissance Global 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 Renaissance Global shares in 2025, see the table below.
Renaissance Global Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 254.6 (+44.45%) | Price Action: Chart |
| 2025 Target 2 | 249.85 (+41.75%) | Fibonacci Extension Level 150.00% |
| 2025 Target 1 | 246.54 (+39.88%) | Fibonacci Extension Level 64.90% |
| Current Price | 176.25 | Renaissance Global's share price as of 20 Dec 2024 |
| Stop Loss 1 | 157.0 (-10.93%) | Price Action: 29 Oct 2024 Low |
| Stop Loss 2 | 154.33 (-12.44%) | Fibonacci Retracement Level 38.20% |
| Stop Loss 3 | 151.55 (-14.02%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Renaissance Global is currently trading near its 52-week high of ₹195.7, showing strong yearly momentum.
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: +70.97% | 3-year: -3.64% | 5-year: +169.00%
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Approach 2: Machine Learning By Studying Historical Prices
Renaissance Global Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹176.25 | ||
| 2024 | ₹180.74 | +2.55% | ₹183.45 |
| 2025 | ₹291.22 | +61.13% | ₹295.59 |
| 2026 | ₹384.65 | +32.08% | ₹390.42 |
| 2027 | ₹532.24 | +38.37% | ₹540.22 |
| 2028 | ₹616.02 | +15.74% | ₹625.26 |
| 2029 | ₹738.51 | +19.88% | ₹749.59 |
| 2030 | ₹846.92 | +14.68% | ₹859.62 |
| 2031 | ₹915.90 | +8.14% | ₹964.23 |
| 2032 | ₹1,108.22 | +21.00% | ₹1,124.84 |
| 2033 | ₹1,164.06 | +5.04% | ₹1,181.52 |
| 2034 | ₹1,296.28 | +11.36% | ₹1,315.72 |
| 2035 | ₹1,402.63 | +8.20% | ₹1,423.67 |
| 2036 | ₹1,447.14 | +3.17% | ₹1,540.21 |
| 2037 | ₹1,684.21 | +16.38% | ₹1,709.47 |
| 2038 | ₹1,712.10 | +1.66% | ₹1,737.78 |
| 2039 | ₹1,712.33 | +0.01% | ₹1,828.21 |
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.
Renaissance Global Brief Company Overview
About Renaissance Global Limited Established in 1989, Renaissance Global Limited is a renowned manufacturer and retailer of diamond studded jewelry in India and internationally. The company's diverse product portfolio includes: Gold jewelry 3D printed/direct casting...
jewelry Hallmark and Enchanted Disney Fine Jewelry brands Renaissance Global Limited serves a wide range of customers, including mall jewellers, department stores, and wholesalers. With a commitment to innovation and customer satisfaction, the company has established a strong reputation in the industry.Renaissance Global Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 988.23 Crore | Market valuation of Renaissance Global's shares. |
| Revenue (TTM) | 2,070.05 Crore | Total revenue generated by Renaissance Global over the past twelve months. |
| Net Income (TTM) | +729,972,992.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +7.01% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +3.52% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-9.50% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+3.40% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
61.76 | Company's total debt divided by total shareholder equity. |
| Total Debt | 665.06 Crore | Sum of Renaissance Global's current & long-term financial obligations. |
| Total Cash | 203.71 Crore | Total amount of liquid funds available to Renaissance Global. |
| Beta | 1.04 | Beta is greater than 1 indicating that the Renaissance Global's price is more volatile than the market. |
Is Renaissance Global A Good Buy For Long Term?
Renaissance Global, with its positive revenue growth and improved profit margin, presents an attractive investment opportunity for long-term investors. Despite the recent quarter's revenue decline, the company's consistent past performance and strong returns over multiple time frames suggest its potential for sustained growth. While the high debt may be a concern, the substantial cash balance provides some cushion. Overall, the stock appears to be a promising buy for those seeking long-term capital appreciation.
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.
