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Ritesh International Ltd Share Price Target 2024, 2025, 2026 to 2039 With Charts
Ritesh International Ltd | |||
 | Symbol: RITESHIN | ||
| Price: ₹26.41 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Ritesh International Ltd Financial Performance
- 0.1.1: Is Ritesh International Ltd A Good Buy For Long Term?
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Ritesh International Ltd Share Price Target For 2024
- 1.1.1: Ritesh International Ltd Share Price Target Table For 2024
- 1.1.2: Summary: Ritesh International Ltd Share Price Prediction For 2024
- 1.2: Ritesh International Ltd Share Price Target For 2025
- 1.2.1: Ritesh International Ltd Share Price Target Table For 2025
- 1.2.2: Summary: Ritesh International Ltd Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Ritesh International Ltd Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Ritesh International Ltd Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Ritesh International Ltd Past Performance
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Ritesh International Ltd Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 23.25 Crore | Market valuation of Ritesh International Ltd's shares. |
| Revenue (TTM) | 114.19 Crore | Total revenue generated by Ritesh International Ltd over the past twelve months. |
| Net Income (TTM) | +1.05 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 1.83% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 8.61% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -13.78% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | 0.31 | Company's total debt divided by total shareholder equity. |
| Total Debt | 5.98 Crore | Sum of Ritesh International Ltd's current & long-term financial obligations. |
Is Ritesh International Ltd A Good Buy For Long Term?
Based on the provided data, Ritesh International Ltd's recent performance has been weak, with a declining revenue trend and negative returns across various time frames. While the company has a significantly positive return history over longer periods, its current financial position, characterized by high debt and low profit margin, suggests caution. Given these factors, this stock may not be a suitable long-term investment at this time.
To predict the Ritesh International Ltd'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
Ritesh International Ltd Share Price Target For 2024
The line chart displays the monthly closing prices of Ritesh International Ltd 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 Ritesh International Ltd shares in 2024, see the table below.
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Ritesh International Ltd Share Price Target Table For 2024
| Ritesh International Ltd's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 27.49 (+4.08%) | Price Action: Jun 2024 High |
| 2024 Target 2 | 27.07 (+2.49%) | Price Action: 26 Aug 2024 Low |
| 2024 Target 1 | 26.75 (+1.28%) | Price Action: Feb 2022 Low |
| Current Price | 26.41 | Ritesh International Ltd's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 26.22 (-0.72%) | Price Action: 05 Sep 2024 Low |
| Stop Loss 2 | 25.70 (-2.69%) | Price Action: May 2024 Low |
| Stop Loss 3 | 25.42 (-3.75%) | Fibonacci Retracement Extended 40% |
Summary: Ritesh International Ltd Share Price Prediction For 2024
In summary, Ritesh International Ltd has declined by ₹-2.09, recording a notable -7.33% decrease from 1st January 2024 to 06 Sep 2024. Despite the setback, our analysis of Ritesh International Ltd for 2024 predicts an additional rise of 1.28% to 4.08% by the end of 2024 with three potential targets T1: 26.75, T2: 27.07, T3: 27.49. Stop Loss at SL1: 26.22, SL2: 25.70, SL3: 25.42.
Ritesh International Ltd has a 52-week high of ₹39.60, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹23.18, 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 Ritesh International Ltd.
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Ritesh International Ltd Share Price Target For 2025
The line chart displays the monthly closing prices of Ritesh International Ltd 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 Ritesh International Ltd shares in 2025, see the table below.
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Ritesh International Ltd Share Price Target Table For 2025
| Ritesh International Ltd's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 39.69 (+50.28%) | Price Action: Chart |
| 2025 Target 2 | 38.95 (+47.48%) | Price Action: Chart |
| 2025 Target 1 | 38.56 (+46%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 26.41 | Ritesh International Ltd's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 23.40 (-11.4%) | Price Action: Mar 2021 High |
| Stop Loss 2 | 23.17 (-12.27%) | Price Action: Chart |
| Stop Loss 3 | 22.75 (-13.86%) | Price Action: Chart |
Summary: Ritesh International Ltd Share Price Prediction For 2025
In summary, Ritesh International Ltd has declined by ₹-2.09, recording a notable -7.33% decrease from 1st January 2024 to 06 Sep 2024. Despite the setback, our analysis of Ritesh International Ltd for 2025 predicts an additional rise of 46% to 50.28% by the end of 2025 with three potential targets T1: 38.56, T2: 38.95, T3: 39.69. Stop Loss at SL1: 23.40, SL2: 23.17, SL3: 22.75.
Ritesh International Ltd has a All-Time high of ₹122.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹23.18, 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 Ritesh International Ltd, we have created a specific page for that check here: Ritesh International Ltd Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Ritesh International Ltd Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Ritesh International Ltd share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -7.39% over the next 3 years.
For complete year by year Ritesh International Ltd long term share price target from 2024, 2025 to 2039 check the below table.
Ritesh International Ltd Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Ritesh International Ltd Target | YoY Change % |
|---|---|---|
| 2024 | ₹26.41 | [Current Price] |
| 2024 | ₹20.66 | -21.78% |
| 2025 | ₹17.07 | -17.38% |
| 2026 | ₹19.27 | 12.88% |
| 2027 | ₹17.72 | -8.05% |
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Ritesh International Ltd Past Performance
- In 2002, Ritesh International Ltd opening price was ₹1.4
- As of Fri 06 Sep 2024 the price stands at ₹26.41.
- This represents a Compound Annual Growth Rate (CAGR) of 13.62%.
- In 22 years, an investment of 10,000 would have become ₹1.88 Lakh.
As we wrap up, we hope you like our study on Ritesh International Ltd 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.
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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.
