Rishabh Instruments (Small Cap) Share Target 2024, 2025 To 2039
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Rishabh Instruments Limited |
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Price: ₹338.65 | ||
| 52 Week Low: ₹318.05 52 Week High: ₹635.40 |
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| Market Capital: 1,769.77 Crore (Smallcap) | |||
| Technology -> Scientific & Technical Instruments | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Rishabh Instruments Share Price Target For 2024
- 1.1.1: Rishabh Instruments Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Rishabh Instruments Share Price Target For 2025
- 1.2.1: Rishabh Instruments Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Rishabh Instruments Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Rishabh Instruments Brief Company Overview
- 4: Rishabh Instruments Financial Performance
- 4.0.1: Is Rishabh Instruments A Good Buy For Long Term?
To predict the Rishabh Instruments'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
Rishabh Instruments Share Price Target For 2024
The line chart displays the monthly closing prices of Rishabh Instruments 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 Rishabh Instruments shares in 2024, see the table below.
Rishabh Instruments Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 356.9 (+5.38%) | Price Action: 18 Dec 2024 High |
| 2024 Target 2 | 353.2 (+4.29%) | Price Action: 06 Nov 2024 Low |
| 2024 Target 1 | 349.0 (+3.05%) | Price Action: 23 Oct 2024 High |
| Current Price | 338.65 | Rishabh Instruments's share price as of 26 Dec 2024 |
| Stop Loss 1 | 333.85 (-1.42%) | Price Action: 21 Nov 2024 High |
| Stop Loss 2 | 330.05 (-2.54%) | Price Action: 26 Dec 2024 Low |
| Stop Loss 3 | 326.05 (-3.73%) | Price Action: 26 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Rishabh Instruments is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹349.36 serves as the nearest technical reference point.
Historical Returns: 3-month: -14.12% | 6-month: -24.59% | 1-year: -41.9%
Rishabh Instruments Share Price Target For 2025
The line chart displays the monthly closing prices of Rishabh Instruments 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 Rishabh Instruments shares in 2025, see the table below.
Rishabh Instruments Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 541.7 (+59.95%) | Price Action: 09 Oct 2023 High |
| 2025 Target 2 | 536.0 (+58.27%) | Price Action: 11 Oct 2023 High |
| 2025 Target 1 | 529.65 (+56.4%) | Price Action: 05 Dec 2023 High |
| Current Price | 338.65 | Rishabh Instruments's share price as of 26 Dec 2024 |
| Stop Loss 1 | 288.49 (-14.82%) | Price Action: Chart |
| Stop Loss 2 | 285.61 (-15.67%) | Price Action: Chart |
| Stop Loss 3 | 280.47 (-17.18%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Rishabh Instruments is currently trading near its 52-week low of ₹318.05, 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: -41.9% | 3-year: NA | 5-year: NA
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Approach 2: Machine Learning By Studying Historical Prices
Rishabh Instruments Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹338.65 | ||
| 2024 | ₹301.01 | -11.11% | ₹318.76 |
| 2025 | ₹320.56 | +6.49% | ₹336.87 |
| 2026 | ₹339.04 | +5.76% | ₹396.46 |
| 2027 | ₹626.02 | +84.64% | ₹635.41 |
| 2028 | ₹659.83 | +5.4% | ₹669.73 |
| 2029 | ₹662.03 | +0.33% | ₹671.96 |
| 2030 | ₹680.03 | +2.71% | ₹690.23 |
| 2031 | ₹698.04 | +2.64% | ₹709.23 |
| 2032 | ₹716.04 | +2.57% | ₹732.45 |
| 2033 | ₹752.06 | +5.03% | ₹763.34 |
| 2034 | ₹752.05 | -0% | ₹763.33 |
| 2035 | ₹770.06 | +2.39% | ₹781.61 |
| 2036 | ₹788.06 | +2.33% | ₹802.10 |
| 2037 | ₹806.07 | +2.28% | ₹825.31 |
| 2038 | ₹844.30 | +4.74% | ₹856.96 |
| 2039 | ₹840.41 | -0.46% | ₹853.02 |
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.
Rishabh Instruments Brief Company Overview
Company Overview: Rishabh Instruments Limited Rishabh Instruments Limited, established in 1982 and headquartered in Nashik, India, is a leading provider of electrical measurement and process optimization solutions. Key Products and Services: Analog panel meters Digital...
multimeters Energy management systems Temperature controllers Power quality devices Current transformers Insulation testers Market Presence: Rishabh Instruments has a global presence, serving customers in Asia, the United States, Poland, and other European countries. Reputation: The company has established a strong reputation in the industry for its commitment to innovation, quality, and customer service.Rishabh Instruments Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,769.77 Crore | Market valuation of Rishabh Instruments's shares. |
| Revenue (TTM) | 686.32 Crore | Total revenue generated by Rishabh Instruments over the past twelve months. |
| Net Income (TTM) | +52.15 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +0.01% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +7.59% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+19% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-53.7% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
13.3 | Company's total debt divided by total shareholder equity. |
| Total Debt | 69.32 Crore | Sum of Rishabh Instruments's current & long-term financial obligations. |
| Total Cash | 467.39 Crore | Total amount of liquid funds available to Rishabh Instruments. |
Is Rishabh Instruments A Good Buy For Long Term?
The company may not be a suitable buy for the long term as its earnings have declined significantly in the past year. Furthermore, its past 3 months returns of -22.38% and YTD returns of -20.55% indicate a negative trend. Therefore, investors may want to consider other investment options with more positive indicators and potential for growth.
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.
