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Ritco Logistics Share Price Target 2024, 2025, 2026 to 2039 With Charts
Ritco Logistics Limited | |||
 | Symbol: RITCO | ||
| Price: ₹392.5 | |||
| Exchange: NSE | |||
| Industrials -> Integrated Freight & Logistics | |||
Show Table of Contents
Table of Contents
- 1: Ritco Logistics Brief Company Overview
- 1.1: Company Overview: Ritco Logistics Limited
- 1.2: Key Products and Services:
- 1.3: Market Presence:
- 1.4: Ritco Logistics Financial Performance
- 1.4.1: Is Ritco Logistics A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Ritco Logistics Share Price Target For 2024
- 2.1.1: Ritco Logistics Share Price Target Table For 2024
- 2.1.2: Summary: Ritco Logistics Share Price Prediction For 2024
- 2.2: Ritco Logistics Share Price Target For 2025
- 2.2.1: Ritco Logistics Share Price Target Table For 2025
- 2.2.2: Summary: Ritco Logistics Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Ritco Logistics Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Ritco Logistics Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Ritco Logistics Past Performance
Ritco Logistics Brief Company Overview
Company Overview: Ritco Logistics Limited
Founded in 1996, Ritco Logistics Limited is a renowned provider of logistics and supply chain management solutions in India. Headquartered in Gurugram, the company boasts a diverse portfolio of offerings.
Key Products and Services:
- Contract logistics: Outsourced logistics operations
- Full truck load transportation: Movement of goods in bulk
- Warehouse and distribution: Storage and distribution of goods
- Fleet management: Maintenance and optimization of vehicle fleets
Market Presence:
Ritco Logistics caters to a wide range of industries, including textiles, automobiles, FMCG, pharmaceuticals, and electronics. Its commitment to excellence has earned it a strong reputation in the Indian logistics sector.
Ritco Logistics Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 638.59 Crore | Market valuation of Ritco Logistics's shares. |
| Revenue (TTM) | 877.93 Crore | Total revenue generated by Ritco Logistics over the past twelve months. |
| Net Income (TTM) | +28.17 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 6.8% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 3.2% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +22.8% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +34.9% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 159.96 | Company's total debt divided by total shareholder equity. |
| Total Debt | 261.97 Crore | Sum of Ritco Logistics's current & long-term financial obligations. |
| Total Cash | 98.5 Lakh | Total amount of liquid funds available to Ritco Logistics. |
| Beta | 0.71 | Beta is less than 1 indicating that the Ritco Logistics's price is less volatile than the market. |
Is Ritco Logistics A Good Buy For Long Term?
Based on the provided data, Ritco Logistics' revenue and earnings have shown positive growth in recent quarters, and its profit margin is stable. However, the company's high debt-to-equity ratio (2.66) poses a concern for long-term investors. While it is not a strong buy, it could be considered an average buy for investors with a moderate risk appetite who are willing to hold the stock for a longer period to potentially benefit from its growth prospects.
To predict the Ritco Logistics'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
Ritco Logistics Share Price Target For 2024
The line chart displays the monthly closing prices of Ritco Logistics 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 Ritco Logistics shares in 2024, see the table below.
Ritco Logistics Share Price Target Table For 2024
| Ritco Logistics's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 404.18 (+2.97%) | Fibonacci Extension Level 150% |
| 2024 Target 2 | 400.10 (+1.93%) | Fibonacci Extension Level 123.6% |
| 2024 Target 1 | 395.00 (+0.63%) | Price Action: 05 Nov 2024 High |
| Current Price | 392.50 | Ritco Logistics's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 391.20 (-0.34%) | Price Action: 13 Nov 2024 High |
| Stop Loss 2 | 385.89 (-1.69%) | Price Action: 05 Nov 2024 Low |
| Stop Loss 3 | 381.22 (-2.88%) | Fibonacci Retracement Level 98.6% |
Summary: Ritco Logistics Share Price Prediction For 2024
In summary, Ritco Logistics has surged by ₹123.80, achieving a notable +46.07% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Ritco Logistics for 2024 predicts an additional rise of 0.63% to 2.97% by the end of 2024 with three potential targets T1: 395.00, T2: 400.10, T3: 404.18. Stop Loss at SL1: 391.20, SL2: 385.89, SL3: 381.22.
Ritco Logistics has a 52-week high of ₹424.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹189.14, 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 Ritco Logistics.
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Ritco Logistics Share Price Target For 2025
The line chart displays the monthly closing prices of Ritco Logistics 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 Ritco Logistics shares in 2025, see the table below.
Ritco Logistics Share Price Target Table For 2025
| Ritco Logistics's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 547.95 (+39.6%) | Fibonacci Extension Level 171.8% |
| 2025 Target 2 | 533.32 (+35.87%) | Price Action: Chart |
| 2025 Target 1 | 528.04 (+34.53%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 392.50 | Ritco Logistics's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 361.14 (-7.99%) | Price Action: 18 Nov 2024 Low |
| Stop Loss 2 | 356.00 (-9.3%) | Price Action: 23 Oct 2024 Low |
| Stop Loss 3 | 346.54 (-11.71%) | Price Action: Aug 2024 High |
Summary: Ritco Logistics Share Price Prediction For 2025
In summary, Ritco Logistics has surged by ₹123.80, achieving a notable +46.07% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Ritco Logistics for 2025 predicts an additional rise of 34.53% to 39.6% by the end of 2025 with three potential targets T1: 528.04, T2: 533.32, T3: 547.95. Stop Loss at SL1: 361.14, SL2: 356.00, SL3: 346.54.
Ritco Logistics has a All-Time high of ₹424.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹189.14, 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 Ritco Logistics, we have created a specific page for that check here: Ritco Logistics Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Ritco Logistics Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Ritco Logistics share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 15.08% over the next 15 years.
For complete year by year Ritco Logistics long term share price target from 2024, 2025 to 2039 check the below table.
Ritco Logistics Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Ritco Logistics Target | YoY Change % |
|---|---|---|
| 2024 | ₹392.5 | [Current Price] |
| 2024 | ₹409.09 | 4.22% |
| 2025 | ₹589.38 | 44.07% |
| 2026 | ₹759.66 | 28.89% |
| 2027 | ₹879.83 | 15.81% |
| 2028 | ₹1,061.88 | 20.69% |
| 2029 | ₹1,252.39 | 17.94% |
| 2030 | ₹1,449.65 | 15.75% |
| 2031 | ₹1,617.93 | 11.6% |
| 2032 | ₹1,690.65 | 4.49% |
| 2033 | ₹1,888.17 | 11.68% |
| 2034 | ₹2,095.69 | 10.99% |
| 2035 | ₹2,309.92 | 10.22% |
| 2036 | ₹2,476.19 | 7.19% |
| 2037 | ₹2,501.46 | 1.02% |
| 2038 | ₹2,714.47 | 8.51% |
| 2039 | ₹2,924.05 | 7.72% |
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Ritco Logistics Past Performance
- In 2022, Ritco Logistics opening price was ₹118.75
- As of Thu 21 Nov 2024 the price stands at ₹392.5.
- This represents a Compound Annual Growth Rate (CAGR) of 48.96%.
- In 2 years, an investment of 10,000 would have become ₹33,052.63.
As we wrap up, we hope you like our study on Ritco Logistics 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.
