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Scan Steels Share Price Target 2024, 2025, 2026 to 2039 With Charts
Scan Steels Limited | |||
 | Symbol: SCANSTL | ||
| Price: ₹43.78 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Scan Steels Financial Performance
- 0.1.1: Is Scan Steels A Good Buy For Long Term?
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Scan Steels Share Price Target For 2024
- 1.1.1: Scan Steels Share Price Target Table For 2024
- 1.1.2: Summary: Scan Steels Share Price Prediction For 2024
- 1.2: Scan Steels Share Price Target For 2025
- 1.2.1: Scan Steels Share Price Target Table For 2025
- 1.2.2: Summary: Scan Steels Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Scan Steels Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Scan Steels Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Scan Steels Past Performance
Scan Steels Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 384.52 Crore | Market valuation of Scan Steels's shares. |
| Revenue (TTM) | 1,090.78 Crore | Total revenue generated by Scan Steels over the past twelve months. |
| Net Income (TTM) | +15.31 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 3.78% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 8.96% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -16.17% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | 0.28 | Company's total debt divided by total shareholder equity. |
| Total Debt | 107.95 Crore | Sum of Scan Steels's current & long-term financial obligations. |
| Total Cash | 9.56 Crore | Total amount of liquid funds available to Scan Steels. |
Is Scan Steels A Good Buy For Long Term?
Scan Steels, a small-cap stock with a strong financial performance, presents a compelling investment opportunity for long-term investors. Its revenue growth, profitability (24.35% profit margin), and consistent returns over multiple time frames indicate a healthy underlying business. Despite some debt, its strong cash position and revenue growth potential make it a viable buy for long-term investors seeking growth and value.
To predict the Scan Steels'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
Scan Steels Share Price Target For 2024
The line chart displays the monthly closing prices of Scan Steels 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 Scan Steels shares in 2024, see the table below.
Scan Steels Share Price Target Table For 2024
| Scan Steels's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 45.20 (+3.24%) | Price Action: Jul 2014 High |
| 2024 Target 2 | 44.70 (+2.1%) | Price Action: Oct 2012 Low |
| 2024 Target 1 | 44.25 (+1.07%) | Price Action: 14 Nov 2024 Low |
| Current Price | 43.78 | Scan Steels's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 43.60 (-0.42%) | Price Action: Chart |
| Stop Loss 2 | 43.15 (-1.44%) | Price Action: Sep 2018 High |
| Stop Loss 3 | 42.36 (-3.25%) | Fibonacci Retracement Extended 28.2% |
Summary: Scan Steels Share Price Prediction For 2024
In summary, Scan Steels has declined by ₹-16.11, recording a notable -26.90% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Scan Steels for 2024 predicts an additional rise of 1.07% to 3.24% by the end of 2024 with three potential targets T1: 44.25, T2: 44.70, T3: 45.20. Stop Loss at SL1: 43.60, SL2: 43.15, SL3: 42.36.
Scan Steels has a 52-week high of ₹94.90, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹42.00, 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 Scan Steels.
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Scan Steels Share Price Target For 2025
The line chart displays the monthly closing prices of Scan Steels 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 Scan Steels shares in 2025, see the table below.
Scan Steels Share Price Target Table For 2025
| Scan Steels's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 79.69 (+82.02%) | Price Action: Chart |
| 2025 Target 2 | 78.20 (+78.62%) | Price Action: Chart |
| 2025 Target 1 | 77.43 (+76.86%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 43.78 | Scan Steels's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 35.59 (-18.71%) | Price Action: Chart |
| Stop Loss 2 | 35.23 (-19.53%) | Price Action: Chart |
| Stop Loss 3 | 34.60 (-20.97%) | Price Action: Chart |
Summary: Scan Steels Share Price Prediction For 2025
In summary, Scan Steels has declined by ₹-16.11, recording a notable -26.90% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Scan Steels for 2025 predicts an additional rise of 76.86% to 82.02% by the end of 2025 with three potential targets T1: 77.43, T2: 78.20, T3: 79.69. Stop Loss at SL1: 35.59, SL2: 35.23, SL3: 34.60.
Scan Steels has a All-Time high of ₹260.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹42.00, 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 Scan Steels, we have created a specific page for that check here: Scan Steels Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Scan Steels Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Scan Steels share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 2.87% over the next 15 years.
For complete year by year Scan Steels long term share price target from 2024, 2025 to 2039 check the below table.
Scan Steels Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Scan Steels Target | YoY Change % |
|---|---|---|
| 2024 | ₹43.78 | [Current Price] |
| 2024 | ₹68.66 | 56.82% |
| 2025 | ₹62.77 | -8.58% |
| 2026 | ₹63.01 | 0.38% |
| 2027 | ₹78.84 | 25.13% |
| 2028 | ₹85.92 | 8.96% |
| 2029 | ₹85.26 | -0.77% |
| 2030 | ₹77.23 | -9.41% |
| 2031 | ₹76.89 | -0.46% |
| 2032 | ₹95.5 | 24.2% |
| 2033 | ₹103.32 | 8.18% |
| 2034 | ₹101.86 | -1.42% |
| 2035 | ₹91.71 | -9.97% |
| 2036 | ₹90.78 | -1.02% |
| 2037 | ₹112.15 | 23.54% |
| 2038 | ₹120.72 | 7.64% |
| 2039 | ₹102.07 | -15.45% |
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Scan Steels Past Performance
- In 2002, Scan Steels opening price was ₹4.75
- As of Thu 21 Nov 2024 the price stands at ₹43.78.
- This represents a Compound Annual Growth Rate (CAGR) of 10.14%.
- In 22 years, an investment of 10,000 would have become ₹92,168.42.
As we wrap up, we hope you like our study on Scan Steels 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.
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.
