Shriram Pistons & Rings (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Shriram Pistons & Rings Limited |
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Price: ₹2,054.65 | ||
| 52 Week Low: ₹1,158.75 52 Week High: ₹2,399.00 |
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| Market Capital: 8,571.65 Crore (Midcap) | |||
| Consumer Cyclical -> Auto Parts | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Shriram Pistons & Rings Share Price Target For 2024
- 1.1.1: Shriram Pistons & Rings Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Shriram Pistons & Rings Share Price Target For 2025
- 1.2.1: Shriram Pistons & Rings Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Shriram Pistons & Rings Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Shriram Pistons & Rings Brief Company Overview
- 4: Shriram Pistons & Rings Financial Performance
- 4.0.1: Is Shriram Pistons & Rings A Good Buy For Long Term?
To predict the Shriram Pistons & Rings'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
Shriram Pistons & Rings Share Price Target For 2024
The line chart displays the monthly closing prices of Shriram Pistons & Rings 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 Shriram Pistons & Rings shares in 2024, see the table below.
Shriram Pistons & Rings Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 2152.35 (+4.75%) | Price Action: 10 Dec 2024 Low |
| 2024 Target 2 | 2124.0 (+3.37%) | Price Action: 17 Dec 2024 Low |
| 2024 Target 1 | 2101.91 (+2.30%) | Technical Indicator: MA100 |
| Current Price | 2054.65 | Shriram Pistons & Rings's share price as of 20 Dec 2024 |
| Stop Loss 1 | 2036.59 (-0.88%) | Price Action: 31 Oct 2024 Low |
| Stop Loss 2 | 2014.76 (-1.95%) | Price Action: Mar 2024 High |
| Stop Loss 3 | 1992.09 (-3.05%) | Price Action: 25 Oct 2024 High |
Short-Term Technical Outlook
Current Technical Position: Shriram Pistons & Rings is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹2100.58 serves as the nearest technical reference point.
Historical Returns: 3-month: -5.21% | 6-month: +7.78% | 1-year: +41.88%
Shriram Pistons & Rings Share Price Target For 2025
The line chart displays the monthly closing prices of Shriram Pistons & Rings 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 Shriram Pistons & Rings shares in 2025, see the table below.
Shriram Pistons & Rings Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 3057.32 (+48.80%) | Price Action: Chart |
| 2025 Target 2 | 3000.31 (+46.02%) | Price Action: Chart |
| 2025 Target 1 | 2970.6 (+44.57%) | Fibonacci Extension Level 64.90% |
| Current Price | 2054.65 | Shriram Pistons & Rings's share price as of 20 Dec 2024 |
| Stop Loss 1 | 1800.32 (-12.38%) | Price Action: Jul 2024 Low |
| Stop Loss 2 | 1761.0 (-14.30%) | Price Action: Aug 2024 Low |
| Stop Loss 3 | 1729.3 (-15.84%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Shriram Pistons & Rings is currently trading at 72.2% of its 52-week range (₹1158.75 - ₹2399).
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +41.88% | 3-year: +406.76% | 5-year: +524.40%
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Approach 2: Machine Learning By Studying Historical Prices
Shriram Pistons & Rings Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹2,054.65 | ||
| 2024 | ₹2,468.60 | +20.15% | ₹2,505.63 |
| 2025 | ₹2,866.57 | +16.12% | ₹2,909.57 |
| 2026 | ₹3,405.07 | +18.79% | ₹3,764.76 |
| 2027 | ₹4,375.90 | +28.51% | ₹4,648.09 |
| 2028 | ₹5,531.43 | +26.41% | ₹5,614.40 |
| 2029 | ₹5,693.47 | +2.93% | ₹5,778.87 |
| 2030 | ₹5,835.61 | +2.50% | ₹6,414.77 |
| 2031 | ₹6,326.66 | +8.41% | ₹7,298.11 |
| 2032 | ₹7,580.54 | +19.82% | ₹8,181.45 |
| 2033 | ₹9,064.79 | +19.58% | ₹9,200.76 |
| 2034 | ₹8,918.33 | -1.62% | ₹9,052.10 |
| 2035 | ₹8,804.65 | -1.27% | ₹9,948.13 |
| 2036 | ₹9,248.24 | +5.04% | ₹9,984.02 |
| 2037 | ₹10,785.18 | +16.62% | ₹10,946.96 |
| 2038 | ₹12,598.15 | +16.81% | ₹12,787.12 |
| 2039 | ₹11,718.33 | -6.98% | ₹12,149.57 |
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.
Shriram Pistons & Rings Brief Company Overview
Shriram Pistons & Rings Limited: A Legacy in Automotive Components Established in 1963, Shriram Pistons & Rings Limited is a renowned manufacturer and supplier of a comprehensive range of automotive components. Key Products: Pistons, piston pins, piston rings, engine valves,...
cylinder liners, crankshaft, connecting rods, cylinder heads, lubricating oils, fuel, air, cabin, and hydraulic filters, gaskets, and electric motors. Industry Presence: Serves OEMs in diverse markets, including passenger and commercial vehicles, cars/SUVs, two and three wheelers, tractors, off-highway vehicles, and industrial engines. Global Reach: Exports products to various international markets. Commitment: Dedicated to delivering high-quality components and innovative solutions to meet evolving industry needs. Shriram Pistons & Rings Limited has earned a strong reputation in the industry for its commitment to excellence, customer satisfaction, and technological advancements.Shriram Pistons & Rings Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 8,571.65 Crore | Market valuation of Shriram Pistons & Rings's shares. |
| Revenue (TTM) | 3,089.32 Crore | Total revenue generated by Shriram Pistons & Rings over the past twelve months. |
| Net Income (TTM) | +4,425,500,160.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +16.76% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +14.32% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+22.00% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+30.90% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
24.08 | Company's total debt divided by total shareholder equity. |
| Total Debt | 486.59 Crore | Sum of Shriram Pistons & Rings's current & long-term financial obligations. |
| Total Cash | 971.7 Crore | Total amount of liquid funds available to Shriram Pistons & Rings. |
| Beta | 1.08 | Beta is greater than 1 indicating that the Shriram Pistons & Rings's price is more volatile than the market. |
Is Shriram Pistons & Rings A Good Buy For Long Term?
With a strong financial performance, including a revenue growth of 22%, a profit margin of 14.32%, and a promising track record of returns, Shriram Pistons & Rings appears to be a suitable investment for long-term investors seeking growth potential.
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.
