Salona Cotspin (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Salona Cotspin Limited |
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Price: ₹295.75 | ||
| 52 Week Low: ₹251.35 52 Week High: ₹357.00 |
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| Market Capital: 156.45 Crore (Smallcap) | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Salona Cotspin Share Price Target For 2024
- 1.1.1: Salona Cotspin Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Salona Cotspin Share Price Target For 2025
- 1.2.1: Salona Cotspin Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Salona Cotspin Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Salona Cotspin Brief Company Overview
- 4: Salona Cotspin Financial Performance
- 4.0.1: Is Salona Cotspin A Good Buy For Long Term?
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
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 312.85 (+5.78%) | Price Action: 21 Nov 2024 High |
| 2024 Target 2 | 307.72 (+4.04%) | Price Action: Aug 2024 High |
| 2024 Target 1 | 303.2 (+2.5%) | Price Action: 12 Dec 2024 High |
| Current Price | 295.75 | Salona Cotspin's share price as of 23 Dec 2024 |
| Stop Loss 1 | 292.55 (-1.09%) | Price Action: 16 Dec 2024 Low |
| Stop Loss 2 | 288.79 (-2.36%) | Fibonacci Retracement Level 71.80% |
| Stop Loss 3 | 285.15 (-3.59%) | Price Action: May 2022 High |
Short-Term Technical Outlook
Current Technical Position: Salona Cotspin is showing mixed momentum signals near key moving averages.
Key Technical Level: The 25-day moving average at ₹295.57 serves as the nearest technical reference point.
Historical Returns: 3-month: -0.01% | 6-month: -2.52% | 1-year: +1.54%
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
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 374.71 (+26.69%) | Price Action: Chart |
| 2025 Target 2 | 367.72 (+24.33%) | Price Action: Chart |
| 2025 Target 1 | 364.08 (+23.1%) | Fibonacci Extension Level 64.90% |
| Current Price | 295.75 | Salona Cotspin's share price as of 23 Dec 2024 |
| Stop Loss 1 | 280.07 (-5.31%) | Price Action: Nov 2023 Low |
| Stop Loss 2 | 275.23 (-6.94%) | Price Action: Jan 2024 Low |
| Stop Loss 3 | 272.24 (-7.95%) | Price Action: Jan 2023 High |
Long-Term Technical Outlook
52-Week Range Analysis: Salona Cotspin is currently trading at 42.0% of its 52-week range (₹251.35 - ₹357).
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: +1.54% | 3-year: +24.26% | 5-year: +360.77%
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Approach 2: Machine Learning By Studying Historical Prices
Salona Cotspin Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹295.75 | ||
| 2024 | ₹299.33 | +1.21% | ₹303.82 |
| 2025 | ₹356.08 | +18.95% | ₹367.68 |
| 2026 | ₹424.75 | +19.28% | ₹431.12 |
| 2027 | ₹481.17 | +13.28% | ₹488.39 |
| 2028 | ₹515.24 | +7.08% | ₹522.97 |
| 2029 | ₹504.26 | -2.13% | ₹539.55 |
| 2030 | ₹570.50 | +13.13% | ₹597.92 |
| 2031 | ₹653.03 | +14.46% | ₹662.83 |
| 2032 | ₹714.67 | +9.43% | ₹725.39 |
| 2033 | ₹743.15 | +3.98% | ₹754.30 |
| 2034 | ₹709.18 | -4.57% | ₹773.05 |
| 2035 | ₹784.93 | +10.68% | ₹831.43 |
| 2036 | ₹881.31 | +12.27% | ₹894.53 |
| 2037 | ₹948.18 | +7.58% | ₹962.40 |
| 2038 | ₹971.07 | +2.41% | ₹985.64 |
| 2039 | ₹903.41 | -6.96% | ₹995.45 |
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.
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 | 156.45 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.
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.
