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SHANKARA Share Price Target 2024, 2025, 2026 to 2039 With Charts
Shankara Building Products Limited | |||
 | Symbol: SHANKARA | ||
| Price: ₹499.79 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Home Improvement Retail | |||
Show Table of Contents
Table of Contents
- 1: SHANKARA Brief Company Overview
- 1.1: Shankara Building Products Limited: A Comprehensive Overview
- 1.2: SHANKARA Financial Performance
- 1.2.1: Is SHANKARA A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: SHANKARA Share Price Target For 2024
- 2.1.1: SHANKARA Share Price Target Table For 2024
- 2.1.2: Summary: SHANKARA Share Price Prediction For 2024
- 2.2: SHANKARA Share Price Target For 2025
- 2.2.1: SHANKARA Share Price Target Table For 2025
- 2.2.2: Summary: SHANKARA Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: SHANKARA Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: SHANKARA Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: SHANKARA Past Performance
SHANKARA Brief Company Overview
Shankara Building Products Limited: A Comprehensive Overview
Shankara Building Products Limited, a renowned player in India's home improvement and building products sector, has been serving customers since 1995. Headquartered in Bengaluru, the company operates under the brand name Shankara Buildpro and has a robust market presence.
Shankara's diverse product portfolio encompasses structural steel products, cement, TMT bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing products, tiles, sanitary ware, water tanks, plywood, kitchen sinks, and an array of allied products. The company also engages in processing roofing sheets, steel pipes and tubes, cold rolled strips, and color-coated roofing sheets.
With its commitment to delivering quality products and services, Shankara has earned a solid reputation in the industry. The company serves a wide range of customers, including homeowners, architects, contractors, interior designers, developers, plumbers, electricians, tile layers, masons, carpenters, painters, dealers, and retailers.
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SHANKARA Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,577.9 Crore | Market valuation of SHANKARA's shares. |
| Revenue (TTM) | 4,661.9 Crore | Total revenue generated by SHANKARA over the past twelve months. |
| Net Income (TTM) | +76.04 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 3.07% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 1.63% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +9% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +30.8% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 18.55 | Company's total debt divided by total shareholder equity. |
| Total Debt | 124.86 Crore | Sum of SHANKARA's current & long-term financial obligations. |
| Total Cash | 18.62 Crore | Total amount of liquid funds available to SHANKARA. |
| Beta | 0.33 | Beta is less than 1 indicating that the SHANKARA's price is less volatile than the market. |
Is SHANKARA A Good Buy For Long Term?
SHANKARA, with a market cap of ₹1,654.27 Crore, has shown 26.5% growth in earnings and 13.8% growth in revenue compared to last year. Its net profit margin is 1.68%. The stock's recent returns are negative, but it has given positive returns over the past 12 months and 3 years. With a debt of ₹86.64 Crore and cash balance of ₹34.4 Crore as per its Q4-2023-24 results, SHANKARA seems like an average buy for long-term investment.
To predict the SHANKARA'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
SHANKARA Share Price Target For 2024
The line chart displays the monthly closing prices of SHANKARA 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 SHANKARA shares in 2024, see the table below.
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SHANKARA Share Price Target Table For 2024
| SHANKARA's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 518.65 (+3.77%) | Price Action: 11 Oct 2024 High |
| 2024 Target 2 | 513.50 (+2.74%) | Price Action: 07 Oct 2024 High |
| 2024 Target 1 | 507.64 (+1.57%) | Price Action: Oct 2024 High |
| Current Price | 499.79 | SHANKARA's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 496.85 (-0.59%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 2 | 490.10 (-1.94%) | Price Action: 07 Oct 2024 Low |
| Stop Loss 3 | 485.09 (-2.95%) | Fibonacci Retracement Extended 28.2% |
Summary: SHANKARA Share Price Prediction For 2024
In summary, SHANKARA has declined by ₹-213.91, recording a notable -29.97% decrease from 1st January 2024 to 17 Oct 2024. Despite the setback, our analysis of SHANKARA for 2024 predicts an additional rise of 1.57% to 3.77% by the end of 2024 with three potential targets T1: 507.64, T2: 513.50, T3: 518.65. Stop Loss at SL1: 496.85, SL2: 490.10, SL3: 485.09.
SHANKARA has a 52-week high of ₹834.75, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹487.29, 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 SHANKARA.
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SHANKARA Share Price Target For 2025
The line chart displays the monthly closing prices of SHANKARA 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 SHANKARA shares in 2025, see the table below.
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SHANKARA Share Price Target Table For 2025
| SHANKARA's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 797.40 (+59.54%) | Price Action: Chart |
| 2025 Target 2 | 782.53 (+56.57%) | Price Action: Chart |
| 2025 Target 1 | 774.78 (+55.02%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 499.79 | SHANKARA's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 434.25 (-13.12%) | Price Action: Jan 2020 High |
| Stop Loss 2 | 429.91 (-13.99%) | Price Action: Chart |
| Stop Loss 3 | 422.17 (-15.54%) | Price Action: Chart |
Summary: SHANKARA Share Price Prediction For 2025
In summary, SHANKARA has declined by ₹-213.91, recording a notable -29.97% decrease from 1st January 2024 to 17 Oct 2024. Despite the setback, our analysis of SHANKARA for 2025 predicts an additional rise of 55.02% to 59.54% by the end of 2025 with three potential targets T1: 774.78, T2: 782.53, T3: 797.40. Stop Loss at SL1: 434.25, SL2: 429.91, SL3: 422.17.
SHANKARA has a All-Time high of ₹2364.80, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹487.29, 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 SHANKARA, we have created a specific page for that check here: SHANKARA Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
SHANKARA Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of SHANKARA share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -0.35% over the next 15 years.
For complete year by year SHANKARA long term share price target from 2024, 2025 to 2039 check the below table.
SHANKARA Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | SHANKARA Target | YoY Change % |
|---|---|---|
| 2024 | ₹499.79 | [Current Price] |
| 2024 | ₹512.2 | 2.48% |
| 2025 | ₹348.71 | -31.92% |
| 2026 | ₹504.8 | 44.76% |
| 2027 | ₹440.34 | -12.77% |
| 2028 | ₹431.73 | -1.96% |
| 2029 | ₹507.24 | 17.49% |
| 2030 | ₹492.77 | -2.86% |
| 2031 | ₹564.15 | 14.48% |
| 2032 | ₹568.04 | 0.69% |
| 2033 | ₹539.49 | -5.03% |
| 2034 | ₹547.02 | 1.39% |
| 2035 | ₹552.88 | 1.07% |
| 2036 | ₹494.37 | -10.59% |
| 2037 | ₹496 | 0.32% |
| 2038 | ₹469.29 | -5.39% |
| 2039 | ₹487.49 | 3.87% |
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SHANKARA Past Performance
- In 2017, SHANKARA opening price was ₹708.95
- As of Thu 17 Oct 2024 the price stands at ₹499.79.
- This represents a Compound Annual Growth Rate (CAGR) of -4.28%.
- In 7 years, an investment of 10,000 would have become ₹7,049.72.
As we wrap up, we hope you like our study on SHANKARA 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.
