RISHDIGA (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Rishabh Digha Steel And Allied Products Limited |
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Price: ₹41.35 | ||
| 52 Week Low: ₹19.30 52 Week High: ₹53.34 |
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| Market Capital: 14.59 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: RISHDIGA Share Price Target For 2024
- 1.1.1: RISHDIGA Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: RISHDIGA Share Price Target For 2025
- 1.2.1: RISHDIGA Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: RISHDIGA Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: RISHDIGA Financial Performance
- 3.0.1: Is RISHDIGA A Good Buy For Long Term?
To predict the RISHDIGA'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
RISHDIGA Share Price Target For 2024
The line chart displays the monthly closing prices of RISHDIGA 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 RISHDIGA shares in 2024, see the table below.
RISHDIGA Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 44.52 (+7.66%) | Price Action: 04 Mar 2024 High |
| 2024 Target 2 | 43.94 (+6.26%) | Price Action: 23 Dec 2024 High |
| 2024 Target 1 | 43.5 (+5.19%) | Price Action: 05 Aug 2024 Low |
| Current Price | 41.35 | RISHDIGA's share price as of 26 Dec 2024 |
| Stop Loss 1 | 40.35 (-2.42%) | Fibonacci Retracement Level 50.00% |
| Stop Loss 2 | 39.9 (-3.51%) | Price Action: 13 Nov 2024 Low |
| Stop Loss 3 | 39.5 (-4.48%) | Price Action: 30 Jul 2024 Low |
Short-Term Technical Outlook
Current Technical Position: RISHDIGA is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 50-day moving average at ₹40.9 serves as the nearest technical reference point.
Historical Returns: 3-month: -8.42% | 6-month: +21.62% | 1-year: +103.69%
RISHDIGA Share Price Target For 2025
The line chart displays the monthly closing prices of RISHDIGA 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 RISHDIGA shares in 2025, see the table below.
RISHDIGA Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 65.5 (+58.4%) | Price Action: Chart |
| 2025 Target 2 | 64.28 (+55.45%) | Price Action: Chart |
| 2025 Target 1 | 63.64 (+53.9%) | Fibonacci Extension Level 64.90% |
| Current Price | 41.35 | RISHDIGA's share price as of 26 Dec 2024 |
| Stop Loss 1 | 36.22 (-12.41%) | Price Action: 12 Sep 2024 High |
| Stop Loss 2 | 35.8 (-13.43%) | Price Action: Jul 2017 High |
| Stop Loss 3 | 35.31 (-14.61%) | Price Action: 26 Mar 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: RISHDIGA is currently trading at 64.8% of its 52-week range (₹19.3 - ₹53.34).
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: +103.69% | 3-year: +61.52% | 5-year: +81.36%
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Approach 2: Machine Learning By Studying Historical Prices
RISHDIGA Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹41.35 | ||
| 2024 | ₹49.49 | +19.68% | ₹50.23 |
| 2025 | ₹60.87 | +22.99% | ₹61.78 |
| 2026 | ₹75.29 | +23.68% | ₹80.97 |
| 2027 | ₹90.30 | +19.93% | ₹97.82 |
| 2028 | ₹119.83 | +32.7% | ₹121.63 |
| 2029 | ₹137.74 | +14.94% | ₹139.81 |
| 2030 | ₹140.89 | +2.28% | ₹150.18 |
| 2031 | ₹153.66 | +9.06% | ₹173.25 |
| 2032 | ₹168.10 | +9.39% | ₹196.32 |
| 2033 | ₹207.89 | +23.67% | ₹211.01 |
| 2034 | ₹225.99 | +8.7% | ₹229.38 |
| 2035 | ₹220.90 | -2.25% | ₹242.46 |
| 2036 | ₹232.03 | +5.03% | ₹265.53 |
| 2037 | ₹245.90 | +5.97% | ₹288.60 |
| 2038 | ₹295.96 | +20.35% | ₹300.40 |
| 2039 | ₹314.46 | +6.25% | ₹319.18 |
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.
RISHDIGA Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 14.59 Crore | Market valuation of RISHDIGA's shares. |
| Revenue (TTM) | 1.24 Lakh | Total revenue generated by RISHDIGA over the past twelve months. |
| Net Income (TTM) | -44.15 Lakh | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -3,218.48% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -1,352.06% | Net income as a percentage of revenue, after all expenses. |
Is RISHDIGA A Good Buy For Long Term?
RISHDIGA, despite its dismal profit margin (-1352.06%), has experienced impressive returns in the past year (47.28%). However, its negative net profit (-44.15 Lakh) and long-term underperformance (-48.10% over 5 years) raise concerns about its long-term viability. While short-term investors may consider its past returns, cautious investors should exercise caution due to its fundamental weaknesses.
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.
