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Salona Cotspin Share Price Target 2024, 2025, 2026 to 2039 With Charts
Salona Cotspin Limited | |||
 | Symbol: SALONA | ||
| Price: ₹305.85 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Salona Cotspin Brief Company Overview
- 1.1: Salona Cotspin Limited: A Leading Textile Producer in India
- 1.2: Salona Cotspin Financial Performance
- 1.2.1: Is Salona Cotspin A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Salona Cotspin Share Price Target For 2024
- 2.1.1: Salona Cotspin Share Price Target Table For 2024
- 2.1.2: Summary: Salona Cotspin Share Price Prediction For 2024
- 2.2: Salona Cotspin Share Price Target For 2025
- 2.2.1: Salona Cotspin Share Price Target Table For 2025
- 2.2.2: Summary: Salona Cotspin Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Salona Cotspin Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Salona Cotspin Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Salona Cotspin Past Performance
Salona Cotspin Brief Company Overview
Salona Cotspin Limited: A Leading Textile Producer in India
Salona Cotspin Limited, established in 1994 in Coimbatore, India, is a reputable manufacturer and supplier of diverse textile products, serving domestic and international markets.
Their wide product range includes:
- Cotton Yarn (ring spin, open end, slub, hank, compact)
- Knitted Fabrics (grey, dyed, printed)
- Knitwear Apparel
Salona Cotspin is committed to providing high-quality products and innovative solutions to meet the evolving needs of their customers.
Salona Cotspin Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 155.18 Crore | Market valuation of Salona Cotspin's shares. |
| Revenue (TTM) | 702.78 Crore | Total revenue generated by Salona Cotspin over the past twelve months. |
| Net Income (TTM) | +8.36 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 3.26% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 1.19% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +124% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -44.9% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 247.53 | Company's total debt divided by total shareholder equity. |
| Total Debt | 191.42 Crore | Sum of Salona Cotspin's current & long-term financial obligations. |
| Total Cash | 1.1 Crore | Total amount of liquid funds available to Salona Cotspin. |
| Beta | 0.5 | Beta is less than 1 indicating that the Salona Cotspin's price is less volatile than the market. |
Is Salona Cotspin A Good Buy For Long Term?
Salona Cotspin, with a small market cap and recent revenue growth, shows potential as an average buy for long-term investment. Revenue surged by 124% in the last quarter, indicating strong market demand. However, investors should be aware of the company's debt burden of 191.42 Crore. With a profit margin of 1.19%, the company's profitability needs monitoring. Overall, Salona Cotspin offers a balance of growth potential and risk, making it a suitable option for investors willing to accept moderate risk in anticipation of future returns.
To predict the Salona Cotspin'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
Salona Cotspin Share Price Target For 2024
The line chart displays the monthly closing prices of Salona Cotspin 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 Salona Cotspin shares in 2024, see the table below.
Salona Cotspin Share Price Target Table For 2024
| Salona Cotspin's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 316.00 (+3.31%) | Price Action: Jun 2023 High |
| 2024 Target 2 | 312.85 (+2.28%) | Fibonacci Extension Level 100% |
| 2024 Target 1 | 308.20 (+0.76%) | Price Action: Sep 2022 High |
| Current Price | 305.85 | Salona Cotspin's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 304.78 (-0.35%) | Price Action: Chart |
| Stop Loss 2 | 301.06 (-1.57%) | Technical Indicator: MA200 |
| Stop Loss 3 | 297.60 (-2.7%) | Price Action: Jul 2024 Low |
Summary: Salona Cotspin Share Price Prediction For 2024
In summary, Salona Cotspin has surged by ₹15.10, achieving a notable +5.19% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Salona Cotspin for 2024 predicts an additional rise of 0.76% to 3.31% by the end of 2024 with three potential targets T1: 308.20, T2: 312.85, T3: 316.00. Stop Loss at SL1: 304.78, SL2: 301.06, SL3: 297.60.
Salona Cotspin has a 52-week high of ₹357.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹251.35, 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 Salona Cotspin.
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Salona Cotspin Share Price Target For 2025
The line chart displays the monthly closing prices of Salona Cotspin 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 Salona Cotspin shares in 2025, see the table below.
Salona Cotspin Share Price Target Table For 2025
| Salona Cotspin's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 367.42 (+20.13%) | Price Action: Chart |
| 2025 Target 2 | 360.57 (+17.89%) | Price Action: Chart |
| 2025 Target 1 | 357.00 (+16.72%) | Fibonacci Extension Level 100% |
| Current Price | 305.85 | Salona Cotspin's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 292.05 (-4.52%) | Price Action: Jul 2023 High |
| Stop Loss 2 | 288.35 (-5.73%) | Price Action: 13 Nov 2024 Low |
| Stop Loss 3 | 285.39 (-6.69%) | Price Action: 22 Oct 2024 High |
Summary: Salona Cotspin Share Price Prediction For 2025
In summary, Salona Cotspin has surged by ₹15.10, achieving a notable +5.19% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Salona Cotspin for 2025 predicts an additional rise of 16.72% to 20.13% by the end of 2025 with three potential targets T1: 357.00, T2: 360.57, T3: 367.42. Stop Loss at SL1: 292.05, SL2: 288.35, SL3: 285.39.
Salona Cotspin has a All-Time high of ₹357.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹251.35, 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 Salona Cotspin, we have created a specific page for that check here: Salona Cotspin Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Salona Cotspin Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Salona Cotspin share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 7.76% over the next 15 years.
For complete year by year Salona Cotspin long term share price target from 2024, 2025 to 2039 check the below table.
Salona Cotspin Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Salona Cotspin Target | YoY Change % |
|---|---|---|
| 2024 | ₹305.85 | [Current Price] |
| 2024 | ₹297.14 | -2.85% |
| 2025 | ₹349.88 | 17.74% |
| 2026 | ₹413.98 | 18.32% |
| 2027 | ₹465.9 | 12.54% |
| 2028 | ₹496.17 | 6.49% |
| 2029 | ₹483.37 | -2.58% |
| 2030 | ₹544.74 | 12.69% |
| 2031 | ₹621.44 | 14.08% |
| 2032 | ₹678.1 | 9.11% |
| 2033 | ₹703.29 | 3.71% |
| 2034 | ₹669.6 | -4.8% |
| 2035 | ₹739.6 | 10.45% |
| 2036 | ₹828.89 | 12.07% |
| 2037 | ₹890.3 | 7.4% |
| 2038 | ₹910.41 | 2.25% |
| 2039 | ₹845.91 | -7.09% |
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Salona Cotspin Past Performance
- In 2010, Salona Cotspin opening price was ₹14
- As of Thu 21 Nov 2024 the price stands at ₹305.85.
- This represents a Compound Annual Growth Rate (CAGR) of 22.83%.
- In 14 years, an investment of 10,000 would have become ₹2.18 Lakh.
As we wrap up, we hope you like our study on Salona Cotspin 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.
- Salona Cotspin Share Price History
- Salona Cotspin Price Target Tomorrow
- Salona Cotspin Dividend History
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.
