Scan Steels (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Scan Steels Limited |
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Price: ₹46.98 | ||
| 52 Week Low: ₹42.00 52 Week High: ₹94.90 |
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| Market Capital: 379.6 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 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: Short-Term Technical Outlook
- 1.2: Scan Steels Share Price Target For 2025
- 1.2.1: Scan Steels Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Scan Steels Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Scan Steels Financial Performance
- 3.0.1: Is Scan Steels A Good Buy For Long Term?
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
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 49.79 (+5.98%) | Price Action: 28 Nov 2024 High |
| 2024 Target 2 | 49.0 (+4.29%) | Price Action: Sep 2013 Low |
| 2024 Target 1 | 48.5 (+3.23%) | Price Action: Jun 2015 High |
| Current Price | 46.98 | Scan Steels's share price as of 26 Dec 2024 |
| Stop Loss 1 | 46.3 (-1.45%) | Price Action: 27 Nov 2024 Low |
| Stop Loss 2 | 45.5 (-3.16%) | Price Action: 21 Nov 2024 High |
| Stop Loss 3 | 44.99 (-4.24%) | Price Action: 22 Sep 2023 High |
Short-Term Technical Outlook
Current Technical Position: Scan Steels is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹49.3 serves as the nearest technical reference point.
Historical Returns: 3-month: -32.78% | 6-month: -27.92% | 1-year: -21.56%
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
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 80.99 (+72.39%) | Price Action: 05 Mar 2024 High |
| 2025 Target 2 | 80.1 (+70.48%) | Price Action: 01 Mar 2024 Low |
| 2025 Target 1 | 79.0 (+68.15%) | Price Action: 12 Feb 2024 High |
| Current Price | 46.98 | Scan Steels's share price as of 26 Dec 2024 |
| Stop Loss 1 | 39.02 (-16.95%) | Price Action: 12 Sep 2023 Low |
| Stop Loss 2 | 38.6 (-17.84%) | Price Action: 27 Jul 2023 Low |
| Stop Loss 3 | 38.19 (-18.72%) | Price Action: 25 Jul 2023 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Scan Steels is currently trading near its 52-week low of ₹42, indicating potential value opportunity.
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: -21.56% | 3-year: +40.03% | 5-year: +153.94%
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Approach 2: Machine Learning By Studying Historical Prices
Scan Steels Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹46.98 | ||
| 2024 | ₹68.30 | +45.38% | ₹69.32 |
| 2025 | ₹62.14 | -9.01% | ₹72.39 |
| 2026 | ₹62.10 | -0.06% | ₹76.27 |
| 2027 | ₹77.41 | +24.65% | ₹80.15 |
| 2028 | ₹84.03 | +8.55% | ₹85.29 |
| 2029 | ₹83.10 | -1.1% | ₹84.35 |
| 2030 | ₹75.05 | -9.68% | ₹87.91 |
| 2031 | ₹74.49 | -0.74% | ₹91.79 |
| 2032 | ₹92.26 | +23.85% | ₹95.67 |
| 2033 | ₹99.55 | +7.9% | ₹101.04 |
| 2034 | ₹97.90 | -1.65% | ₹99.37 |
| 2035 | ₹87.95 | -10.16% | ₹99.68 |
| 2036 | ₹86.87 | -1.22% | ₹95.35 |
| 2037 | ₹107.10 | +23.28% | ₹108.71 |
| 2038 | ₹115.07 | +7.44% | ₹116.80 |
| 2039 | ₹97.13 | -15.59% | ₹98.59 |
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.
Scan Steels Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 379.6 Crore | Market valuation of Scan Steels's shares. |
| Revenue (TTM) | 965.41 Crore | Total revenue generated by Scan Steels over the past twelve months. |
| Net Income (TTM) | +21.05 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +3.88% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +24.35% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+17.07% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-6.46% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
0.29 | Company's total debt divided by total shareholder equity. |
| Total Debt | 118.91 Crore | Sum of Scan Steels's current & long-term financial obligations. |
| Total Cash | 31.78 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.
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.
