Sangam (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Sangam |
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Price: ₹436.40 | ||
| 52 Week Low: ₹317.60 52 Week High: ₹629.95 |
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| Market Capital: 1,908.58 Crore (Smallcap) | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Sangam Share Price Target For 2024
- 1.1.1: Sangam Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Sangam Share Price Target For 2025
- 1.2.1: Sangam Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Sangam Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Sangam Brief Company Overview
- 4: Sangam Financial Performance
- 4.0.1: Is Sangam A Good Buy For Long Term?
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.
Sangam Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 471.85 (+8.11%) | Price Action: Oct 2024 High |
| 2024 Target 2 | 461.6 (+5.77%) | Price Action: Feb 2024 Low |
| 2024 Target 1 | 452.79 (+3.75%) | Price Action: Jun 2024 High |
| Current Price | 436.40 | Sangam's share price as of 23 Dec 2024 |
| Stop Loss 1 | 430.49 (-1.36%) | Price Action: Chart |
| Stop Loss 2 | 424.1 (-2.82%) | Price Action: 10 Dec 2024 High |
| Stop Loss 3 | 419.2 (-3.95%) | Price Action: 20 Dec 2024 High |
Short-Term Technical Outlook
Current Technical Position: Sangam is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 50-day moving average at ₹392.32 serves as the nearest technical reference point.
Historical Returns: 3-month: -12.04% | 6-month: +0.13% | 1-year: -3.58%
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.
Sangam Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 653.78 (+49.81%) | Price Action: Chart |
| 2025 Target 2 | 641.59 (+47.01%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 626.89 (+43.65%) | Fibonacci Extension Level 100.00% |
| Current Price | 436.40 | Sangam's share price as of 23 Dec 2024 |
| Stop Loss 1 | 389.45 (-10.76%) | Price Action: 05 Dec 2024 High |
| Stop Loss 2 | 385.0 (-11.78%) | Price Action: 29 Oct 2024 Low |
| Stop Loss 3 | 381.1 (-12.68%) | Price Action: 07 Nov 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Sangam is currently trading at 38.0% of its 52-week range (₹317.6 - ₹629.95).
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: -3.58% | 3-year: +19.23% | 5-year: +594.46%
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Approach 2: Machine Learning By Studying Historical Prices
Sangam Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹436.40 | ||
| 2024 | ₹386.11 | -11.52% | ₹391.90 |
| 2025 | ₹430.22 | +11.42% | ₹437.21 |
| 2026 | ₹450.90 | +4.8% | ₹461.00 |
| 2027 | ₹484.80 | +7.51% | ₹492.07 |
| 2028 | ₹465.40 | -4% | ₹476.28 |
| 2029 | ₹472.03 | +1.42% | ₹508.59 |
| 2030 | ₹521.87 | +10.55% | ₹532.38 |
| 2031 | ₹543.04 | +4.05% | ₹556.18 |
| 2032 | ₹579.97 | +6.8% | ₹588.67 |
| 2033 | ₹553.32 | -4.59% | ₹568.27 |
| 2034 | ₹557.95 | +0.83% | ₹603.76 |
| 2035 | ₹613.53 | +9.96% | ₹627.56 |
| 2036 | ₹635.18 | +3.52% | ₹651.35 |
| 2037 | ₹675.14 | +6.29% | ₹685.27 |
| 2038 | ₹641.23 | -5.02% | ₹660.27 |
| 2039 | ₹647.79 | +1.02% | ₹698.94 |
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.
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.Sangam Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,908.58 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.
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.
