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Sangam Share Price Target 2024, 2025, 2026 to 2039 With Charts
Sangam | |||
 | Symbol: SANGAMIND | ||
| Price: ₹359.79 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Sangam Brief Company Overview
- 1.1: Sangam (India) Limited: A Textile and Renewable Energy Powerhouse
- 1.2: Sangam Financial Performance
- 1.2.1: Is Sangam A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Sangam Share Price Target For 2024
- 2.1.1: Sangam Share Price Target Table For 2024
- 2.1.2: Summary: Sangam Share Price Prediction For 2024
- 2.2: Sangam Share Price Target For 2025
- 2.2.1: Sangam Share Price Target Table For 2025
- 2.2.2: Summary: Sangam Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Sangam Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Sangam Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Sangam Past Performance
Sangam Brief Company Overview
Sangam (India) Limited: A Textile and Renewable Energy Powerhouse
Sangam (India) Limited is a renowned manufacturer and seller of a wide range of textiles and renewable energy products.
Its diverse product portfolio includes:
- PV-dyed yarns
- PV-blended dyed fabrics
- Grey yarns
- Textured yarns
- Cotton spun yarn
- Synthetic ring spun yarns
- Fancy yarns
- Ring and open ended cotton yarns
- Indigo dyed yarns
- Cotton knitted fabrics
- Synthetic blended
- Suiting and shirting fabrics
- Denim fabrics
- Garments for men and women
Additionally, Sangam generates solar, thermal, and wind power, contributing to its commitment to sustainability.
Established in 1984 and headquartered in Mumbai, Sangam has built a strong reputation in the industry for its quality products.
The company's global presence is evident through its exports and established brands such as C9 Air wear, Sangam Suiting, and Sangam Denim.
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Sangam Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,945.95 Crore | Market valuation of Sangam's shares. |
| Revenue (TTM) | 2,611.63 Crore | Total revenue generated by Sangam over the past twelve months. |
| Net Income (TTM) | +57.28 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 3.46% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 2.19% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +2.7% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -78.3% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 96.46 | Company's total debt divided by total shareholder equity. |
| Total Debt | 932.98 Crore | Sum of Sangam's current & long-term financial obligations. |
| Total Cash | 28.81 Crore | Total amount of liquid funds available to Sangam. |
| Beta | 0.81 | Beta is less than 1 indicating that the Sangam's price is less volatile than the market. |
Is Sangam A Good Buy For Long Term?
Sangam, with a small market cap, has demonstrated strong growth in revenue. However, its recent decline in earnings and high debt levels warrant caution. Despite its impressive long-term returns, potential investors should consider the current market environment and the company's financial position before making a decision.
To predict the Sangam'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
Sangam Share Price Target For 2024
The line chart displays the monthly closing prices of Sangam 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 Sangam shares in 2024, see the table below.
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Sangam Share Price Target Table For 2024
| Sangam's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 372.14 (+3.43%) | Fibonacci Extension Level 123.6% |
| 2024 Target 2 | 367.30 (+2.08%) | Price Action: Oct 2023 High |
| 2024 Target 1 | 362.68 (+0.8%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 359.79 | Sangam's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 358.40 (-0.39%) | Price Action: Aug 2022 High |
| Stop Loss 2 | 354.00 (-1.61%) | Price Action: Jul 2023 High |
| Stop Loss 3 | 349.43 (-2.88%) | Fibonacci Retracement Extended 61.8% |
Summary: Sangam Share Price Prediction For 2024
In summary, Sangam has declined by ₹-65.06, recording a notable -15.31% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Sangam for 2024 predicts an additional rise of 0.8% to 3.43% by the end of 2024 with three potential targets T1: 362.68, T2: 367.30, T3: 372.14. Stop Loss at SL1: 358.40, SL2: 354.00, SL3: 349.43.
Sangam has a 52-week high of ₹629.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹309.45, 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 Sangam.
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Sangam Share Price Target For 2025
The line chart displays the monthly closing prices of Sangam 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 Sangam shares in 2025, see the table below.
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Sangam Share Price Target Table For 2025
| Sangam's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 594.98 (+65.36%) | Price Action: Chart |
| 2025 Target 2 | 583.89 (+62.28%) | Price Action: Chart |
| 2025 Target 1 | 578.11 (+60.67%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 359.79 | Sangam's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 308.00 (-14.4%) | Price Action: Aug 2023 Low |
| Stop Loss 2 | 304.92 (-15.26%) | Price Action: Chart |
| Stop Loss 3 | 299.43 (-16.78%) | Price Action: Chart |
Summary: Sangam Share Price Prediction For 2025
In summary, Sangam has declined by ₹-65.06, recording a notable -15.31% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Sangam for 2025 predicts an additional rise of 60.67% to 65.36% by the end of 2025 with three potential targets T1: 578.11, T2: 583.89, T3: 594.98. Stop Loss at SL1: 308.00, SL2: 304.92, SL3: 299.43.
Sangam has a All-Time high of ₹629.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹309.45, 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 Sangam, we have created a specific page for that check here: Sangam Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Sangam Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Sangam share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 3.95% over the next 15 years.
For complete year by year Sangam long term share price target from 2024, 2025 to 2039 check the below table.
Sangam Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Sangam Target | YoY Change % |
|---|---|---|
| 2024 | ₹359.79 | [Current Price] |
| 2024 | ₹387.27 | 7.63% |
| 2025 | ₹432.69 | 11.72% |
| 2026 | ₹454.63 | 5.07% |
| 2027 | ₹489.92 | 7.76% |
| 2028 | ₹471.32 | -3.8% |
| 2029 | ₹478.98 | 1.62% |
| 2030 | ₹530.52 | 10.76% |
| 2031 | ₹552.97 | 4.23% |
| 2032 | ₹591.51 | 6.96% |
| 2033 | ₹565.16 | -4.46% |
| 2034 | ₹570.67 | 0.97% |
| 2035 | ₹628.34 | 10.1% |
| 2036 | ₹651.3 | 3.65% |
| 2037 | ₹693.09 | 6.41% |
| 2038 | ₹658.99 | -4.92% |
| 2039 | ₹666.36 | 1.11% |
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Sangam Past Performance
- In 1996, Sangam opening price was ₹9.02
- As of Thu 14 Nov 2024 the price stands at ₹359.79.
- This represents a Compound Annual Growth Rate (CAGR) of 13.55%.
- In 28 years, an investment of 10,000 would have become ₹3.98 Lakh.
As we wrap up, we hope you like our study on Sangam 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.
