Select Page

Safari Industries (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039

Safari Industries

Company Logo Price: ₹2,691.95
52 Week Low: ₹1,648.60
52 Week High: ₹2,744.70
Market Capital: 9,851.17 Crore (Midcap)
Consumer Cyclical -> Footwear & Accessories
Show Table of Contents

To predict the Safari Industries'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

Safari Industries Share Price Target For 2024

The line chart displays the monthly closing prices of Safari Industries 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 Safari Industries shares in 2024, see the table below.

Safari Industries Share Price Target Table For 2024

Level Value Analysis
2024 Target 3 2763.8 (+2.66%) Fibonacci Extension Level 64.90%
2024 Target 2 2718.95 (+1.00%) Price Action: 20 Dec 2024 High
2024 Target 1 2685.0 (-0.26%) Price Action: 09 Dec 2024 High
Current Price 2691.95 Safari Industries's share price as of 20 Dec 2024
Stop Loss 1 2639.95 (-1.94%) Price Action: 05 Dec 2024 Low
Stop Loss 2 2612.08 (-2.97%) Price Action: Sep 2024 High
Stop Loss 3 2579.4 (-4.19%) Fibonacci Retracement Level 98.60%

Short-Term Technical Outlook

Current Technical Position: Safari Industries is showing bullish momentum with price above both 25-day and 50-day moving averages.

Key Technical Level: The 25-day moving average at ₹2604.08 serves as the nearest technical reference point.

Historical Returns: 3-month: +14.57% | 6-month: +32.24% | 1-year: +38.14%

Safari Industries Share Price Target For 2025

The line chart displays the monthly closing prices of Safari Industries 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 Safari Industries shares in 2025, see the table below.

Safari Industries Share Price Target Table For 2025

Level Value Analysis
2025 Target 3 3466.11 (+28.75%) Price Action: Chart
2025 Target 2 3401.48 (+26.35%) Price Action: Chart
2025 Target 1 3367.8 (+25.10%) Fibonacci Extension Level 64.90%
Current Price 2691.95 Safari Industries's share price as of 20 Dec 2024
Stop Loss 1 2489.89 (-7.51%) Price Action: 19 Nov 2024 High
Stop Loss 2 2461.55 (-8.56%) Price Action: 22 Nov 2024 Low
Stop Loss 3 2425.27 (-9.91%) Technical Indicator: MA100

Long-Term Technical Outlook

52-Week Range Analysis: Safari Industries is currently trading near its 52-week high of ₹2744.7, 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: +38.14% | 3-year: +507.38% | 5-year: +774.15%

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Approach 2: Machine Learning By Studying Historical Prices

Safari Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039

Year Target 1 Target 1 YoY Chg % Target 2
Current Price ₹2,691.95
2024 ₹2,229.50 -17.18% ₹2,262.94
2025 ₹2,344.89 +5.18% ₹2,380.06
2026 ₹2,484.40 +5.95% ₹2,521.67
2027 ₹2,547.59 +2.54% ₹2,585.80
2028 ₹2,583.98 +1.43% ₹2,622.74
2029 ₹2,686.17 +3.95% ₹2,726.46
2030 ₹2,806.29 +4.47% ₹2,848.38
2031 ₹2,954.74 +5.29% ₹2,999.06
2032 ₹3,012.31 +1.95% ₹3,057.49
2033 ₹3,038.74 +0.88% ₹3,084.32
2034 ₹3,142.85 +3.43% ₹3,189.99
2035 ₹3,267.69 +3.97% ₹3,316.71
2036 ₹3,425.09 +4.82% ₹3,476.47
2037 ₹3,477.02 +1.52% ₹3,529.18
2038 ₹3,493.50 +0.47% ₹3,545.90
2039 ₹3,625.04 +3.77% ₹3,679.42

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.

Safari Industries Brief Company Overview

Safari Industries (India) Limited: A Leader in Luggage Manufacturing Established in 1980, Safari Industries (India) Limited is a renowned manufacturer and marketer of luggage and accessories in India. Their extensive product range includes: Hard and soft luggage bags School,... laptop, and expandable backpacks Accessories (sling bags, laptop satchels, neck pillows) Duffle bags Safari Industries distributes its products through stores and e-commerce platforms under the trusted brands of Safari, Urban Jungle, and Genie. Commitment to Quality: Safari Industries is dedicated to delivering high-quality products to meet the diverse needs of its customers.

Safari Industries Financial Performance

Metric Value Description
Market Capital 9,851.17 Crore Market valuation of Safari Industries's shares.
Revenue (TTM) 1,550.41 Crore Total revenue generated by Safari Industries over the past twelve months.
Net Income (TTM) +1,758,099,968.00 Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin +14.54% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin +11.34% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+21.50% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+13.40% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
17.76 Company's total debt divided by total shareholder equity.
Total Debt 146.25 Crore Sum of Safari Industries's current & long-term financial obligations.
Total Cash 367.34 Crore Total amount of liquid funds available to Safari Industries.
Beta 0.19 Beta is less than 1 indicating that the Safari Industries's price is less volatile than the market.

Is Safari Industries A Good Buy For Long Term?

Based on the provided data, Safari Industries appears to be a stable and growing company. Its revenue, earnings, and profit margin have all increased in recent quarters. While it does have some debt, it also has a substantial cash balance. Overall, Safari Industries looks like a good buy for long-term investors, especially considering its strong growth prospects and history of positive returns.

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.