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Setco Automotive Share Price Target 2024, 2025, 2026 to 2039 With Charts
Setco Automotive Limited | |||
 | Symbol: SETCO | ||
| Price: ₹12.61 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Auto Parts | |||
Show Table of Contents
Table of Contents
- 1: Setco Automotive Brief Company Overview
- 1.1: Setco Automotive: A Global Player in Clutch Systems
- 1.2: Setco Automotive Financial Performance
- 1.2.1: Is Setco Automotive A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Setco Automotive Share Price Target For 2024
- 2.1.1: Setco Automotive Share Price Target Table For 2024
- 2.1.2: Summary: Setco Automotive Share Price Prediction For 2024
- 2.2: Setco Automotive Share Price Target For 2025
- 2.2.1: Setco Automotive Share Price Target Table For 2025
- 2.2.2: Summary: Setco Automotive Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Setco Automotive Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Setco Automotive Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Setco Automotive Past Performance
Setco Automotive Brief Company Overview
Setco Automotive: A Global Player in Clutch Systems
Headquartered in Mumbai, India, Setco Automotive is a reputable manufacturer of clutches for commercial vehicles.
Since 1982, the company has catered to a diverse range of industries, including commercial trucks, marine, off-highway, and agricultural equipment.
Setco's commitment to innovation is evident in their diverse product range, which encompasses clutch products and systems, pressure converters, castings, and precision components.
Their global presence includes India, Europe, North America, and the Middle East, and they distribute their products through original equipment spares, independent aftermarket networks, and local garages.
Recognized for their quality and reliability, Setco's products are marketed under the esteemed brand names Setco, LIPE, and Lava Cast.
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Setco Automotive Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 163.4 Crore | Market valuation of Setco Automotive's shares. |
| Revenue (TTM) | 616.31 Crore | Total revenue generated by Setco Automotive over the past twelve months. |
| Net Income (TTM) | -146.86 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 9.7% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -23.83% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +48.1% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | -1.84 | Company's total debt divided by total shareholder equity. |
| Total Debt | 934.58 Crore | Sum of Setco Automotive's current & long-term financial obligations. |
| Total Cash | 11.31 Crore | Total amount of liquid funds available to Setco Automotive. |
| Beta | 1.2 | Beta is greater than 1 indicating that the Setco Automotive's price is more volatile than the market. |
Is Setco Automotive A Good Buy For Long Term?
Setco Automotive, with a small market cap and substantial debt, has struggled financially, reporting a net loss in the last 12 months. Despite recent revenue growth, its profit margin remains negative. Considering its long-term returns and overall financial condition, Setco Automotive may not be a suitable investment for long-term gains.
To predict the Setco Automotive'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
Setco Automotive Share Price Target For 2024
The line chart displays the monthly closing prices of Setco Automotive 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 Setco Automotive shares in 2024, see the table below.
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Setco Automotive Share Price Target Table For 2024
| Setco Automotive's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 13.13 (+4.12%) | Price Action: 06 Aug 2024 Low |
| 2024 Target 2 | 13.00 (+3.09%) | Price Action: Jul 2019 Low |
| 2024 Target 1 | 12.86 (+1.98%) | Price Action: 05 Sep 2024 Low |
| Current Price | 12.61 | Setco Automotive's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 12.50 (-0.88%) | Price Action: Sep 2020 High |
| Stop Loss 2 | 12.35 (-2.07%) | Price Action: 19 Aug 2024 High |
| Stop Loss 3 | 12.20 (-3.26%) | Price Action: Oct 2022 High |
Summary: Setco Automotive Share Price Prediction For 2024
In summary, Setco Automotive has surged by ₹5.61, achieving a notable +80.14% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Setco Automotive for 2024 predicts an additional rise of 1.98% to 4.12% by the end of 2024 with three potential targets T1: 12.86, T2: 13.00, T3: 13.13. Stop Loss at SL1: 12.50, SL2: 12.35, SL3: 12.20.
Setco Automotive has a 52-week high of ₹15.82, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹6.15, 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 Setco Automotive.
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Setco Automotive Share Price Target For 2025
The line chart displays the monthly closing prices of Setco Automotive 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 Setco Automotive shares in 2025, see the table below.
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Setco Automotive Share Price Target Table For 2025
| Setco Automotive's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 18.19 (+44.25%) | Price Action: Chart |
| 2025 Target 2 | 17.85 (+41.55%) | Fibonacci Extension Level 150% |
| 2025 Target 1 | 17.67 (+40.12%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 12.61 | Setco Automotive's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 11.45 (-9.2%) | Price Action: 20 Aug 2024 Low |
| Stop Loss 2 | 11.20 (-11.19%) | Price Action: Dec 2019 Low |
| Stop Loss 3 | 11.03 (-12.53%) | Price Action: 21 Aug 2024 Low |
Summary: Setco Automotive Share Price Prediction For 2025
In summary, Setco Automotive has surged by ₹5.61, achieving a notable +80.14% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Setco Automotive for 2025 predicts an additional rise of 40.12% to 44.25% by the end of 2025 with three potential targets T1: 17.67, T2: 17.85, T3: 18.19. Stop Loss at SL1: 11.45, SL2: 11.20, SL3: 11.03.
Setco Automotive has a All-Time high of ₹74.25, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹6.15, 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 Setco Automotive, we have created a specific page for that check here: Setco Automotive Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Setco Automotive Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Setco Automotive share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 17.3% over the next 15 years.
For complete year by year Setco Automotive long term share price target from 2024, 2025 to 2039 check the below table.
Setco Automotive Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Setco Automotive Target | YoY Change % |
|---|---|---|
| 2024 | ₹12.61 | [Current Price] |
| 2024 | ₹16.68 | 32.27% |
| 2025 | ₹25.99 | 55.81% |
| 2026 | ₹34.19 | 31.55% |
| 2027 | ₹47.67 | 39.42% |
| 2028 | ₹54.04 | 13.36% |
| 2029 | ₹64.23 | 18.87% |
| 2030 | ₹73.17 | 13.9% |
| 2031 | ₹79.73 | 8.96% |
| 2032 | ₹97.8 | 22.66% |
| 2033 | ₹100.99 | 3.26% |
| 2034 | ₹111.79 | 10.69% |
| 2035 | ₹120.36 | 7.66% |
| 2036 | ₹125.27 | 4.07% |
| 2037 | ₹147.94 | 18.09% |
| 2038 | ₹147.94 | 0% |
| 2039 | ₹155.74 | 5.26% |
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Setco Automotive Past Performance
- In 2016, Setco Automotive opening price was ₹54.35
- As of Fri 06 Sep 2024 the price stands at ₹12.61.
- This represents a Compound Annual Growth Rate (CAGR) of -14.98%.
- In 8 years, an investment of 10,000 would have become ₹2,320.14.
As we wrap up, we hope you like our study on Setco Automotive 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.
