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SHRIGANG Share Price Target 2024, 2025, 2026 to 2039 With Charts
Shri Gang Industries & Allied Products Limited | |||
 | Symbol: SHRIGANG | ||
| Price: ₹117.31 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: SHRIGANG Financial Performance
- 0.1.1: Is SHRIGANG A Good Buy For Long Term?
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: SHRIGANG Share Price Target For 2024
- 1.1.1: SHRIGANG Share Price Target Table For 2024
- 1.1.2: Summary: SHRIGANG Share Price Prediction For 2024
- 1.2: SHRIGANG Share Price Target For 2025
- 1.2.1: SHRIGANG Share Price Target Table For 2025
- 1.2.2: Summary: SHRIGANG Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: SHRIGANG Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: SHRIGANG Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: SHRIGANG Past Performance
SHRIGANG Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 119.53 Crore | Market valuation of SHRIGANG's shares. |
| Revenue (TTM) | 138.1 Crore | Total revenue generated by SHRIGANG over the past twelve months. |
| Net Income (TTM) | +13.15 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 10.82% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 30.35% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -4.84% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | -3.34 | Company's total debt divided by total shareholder equity. |
| Total Debt | 111.66 Crore | Sum of SHRIGANG's current & long-term financial obligations. |
Is SHRIGANG A Good Buy For Long Term?
SHRIGANG, a small-cap stock, has demonstrated a revenue decline of -4.84% compared to the previous quarter and a net profit of 13.15 Crore in the last 12 months (TTM). Despite a gross profit margin of 30.35%, the company's heavy debt of 111.66 Crore remains a concern. While the stock has shown positive returns over the past 12 months (16.28%), its recent performance has been lackluster with negative returns across shorter time frames. Given these factors, SHRIGANG may not be a strong buy for long-term investment at this time.
To predict the SHRIGANG'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
SHRIGANG Share Price Target For 2024
The line chart displays the monthly closing prices of SHRIGANG 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 SHRIGANG shares in 2024, see the table below.
SHRIGANG Share Price Target Table For 2024
| SHRIGANG's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 110.51 (-5.8%) | Price Action: Chart |
| 2024 Target 2 | 108.45 (-7.56%) | Price Action: Jan 2024 Low |
| 2024 Target 1 | 106.65 (-9.09%) | Fibonacci Extension Level 199% |
| Current Price | 117.31 | SHRIGANG's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 106.65 (-9.09%) | Fibonacci Retracement Extended 82.6% |
| Stop Loss 2 | 105.58 (-10%) | Price Action: Chart |
| Stop Loss 3 | 103.68 (-11.62%) | Price Action: Chart |
Summary: SHRIGANG Share Price Prediction For 2024
In summary, SHRIGANG has declined by ₹-1.14, recording a notable -0.96% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of SHRIGANG for 2024 predicts an additional rise of -9.09% to -5.8% by the end of 2024 with three potential targets T1: 106.65, T2: 108.45, T3: 110.51. Stop Loss at SL1: 106.65, SL2: 105.58, SL3: 103.68.
SHRIGANG has a 52-week high of ₹147.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹58.81, 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 SHRIGANG.
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SHRIGANG Share Price Target For 2025
The line chart displays the monthly closing prices of SHRIGANG 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 SHRIGANG shares in 2025, see the table below.
SHRIGANG Share Price Target Table For 2025
| SHRIGANG's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 174.04 (+48.35%) | Price Action: Chart |
| 2025 Target 2 | 170.79 (+45.58%) | Price Action: Chart |
| 2025 Target 1 | 169.10 (+44.14%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 117.31 | SHRIGANG's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 91.40 (-22.09%) | Price Action: Mar 2024 High |
| Stop Loss 2 | 90.49 (-22.87%) | Price Action: Chart |
| Stop Loss 3 | 88.86 (-24.26%) | Price Action: Chart |
Summary: SHRIGANG Share Price Prediction For 2025
In summary, SHRIGANG has declined by ₹-1.14, recording a notable -0.96% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of SHRIGANG for 2025 predicts an additional rise of 44.14% to 48.35% by the end of 2025 with three potential targets T1: 169.10, T2: 170.79, T3: 174.04. Stop Loss at SL1: 91.40, SL2: 90.49, SL3: 88.86.
SHRIGANG has a All-Time high of ₹242.55, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹58.81, 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 SHRIGANG, we have created a specific page for that check here: SHRIGANG Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
SHRIGANG Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of SHRIGANG share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 3.81% over the next 15 years.
For complete year by year SHRIGANG long term share price target from 2024, 2025 to 2039 check the below table.
SHRIGANG Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | SHRIGANG Target | YoY Change % |
|---|---|---|
| 2024 | ₹117.31 | [Current Price] |
| 2024 | ₹77.11 | -34.27% |
| 2025 | ₹47.86 | -37.94% |
| 2026 | ₹62.5 | 30.58% |
| 2027 | ₹51.28 | -17.96% |
| 2028 | ₹49.94 | -2.62% |
| 2029 | ₹68 | 36.16% |
| 2030 | ₹56.29 | -17.23% |
| 2031 | ₹59.01 | 4.83% |
| 2032 | ₹114.29 | 93.67% |
| 2033 | ₹123.11 | 7.71% |
| 2034 | ₹149.68 | 21.58% |
| 2035 | ₹134.88 | -9.89% |
| 2036 | ₹127.03 | -5.83% |
| 2037 | ₹126.83 | -0.16% |
| 2038 | ₹136.33 | 7.49% |
| 2039 | ₹130.16 | -4.53% |
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SHRIGANG Past Performance
- In 2022, SHRIGANG opening price was ₹2.59
- As of Thu 21 Nov 2024 the price stands at ₹117.31.
- This represents a Compound Annual Growth Rate (CAGR) of 256.46%.
- In 2 years, an investment of 10,000 would have become ₹4.52 Lakh.
As we wrap up, we hope you like our study on SHRIGANG 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.
