Signet Industries (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Signet Industries Limited |
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Price: ₹69.76 | ||
| 52 Week Low: ₹58.00 52 Week High: ₹97.35 |
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| Market Capital: 270.32 Crore (Smallcap) | |||
| Basic Materials -> Specialty Chemicals | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Signet Industries Share Price Target For 2024
- 1.1.1: Signet Industries Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Signet Industries Share Price Target For 2025
- 1.2.1: Signet Industries Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Signet Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Signet Industries Brief Company Overview
- 4: Signet Industries Financial Performance
- 4.0.1: Is Signet Industries A Good Buy For Long Term?
To predict the Signet Industries'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
Signet Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Signet Industries 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 Signet Industries shares in 2024, see the table below.
Signet Industries Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 72.72 (+4.24%) | Price Action: 11 Nov 2024 High |
| 2024 Target 2 | 71.95 (+3.13%) | Price Action: 24 Oct 2024 High |
| 2024 Target 1 | 71.23 (+2.10%) | Price Action: 23 Oct 2024 High |
| Current Price | 69.76 | Signet Industries's share price as of 20 Dec 2024 |
| Stop Loss 1 | 69.02 (-1.07%) | Price Action: Dec 2023 High |
| Stop Loss 2 | 68.17 (-2.28%) | Price Action: 27 Nov 2024 Low |
| Stop Loss 3 | 67.46 (-3.30%) | Price Action: Jan 2022 High |
Short-Term Technical Outlook
Current Technical Position: Signet Industries is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹71.08 serves as the nearest technical reference point.
Historical Returns: 3-month: -6.15% | 6-month: -21.08% | 1-year: +7.74%
Signet Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Signet Industries 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 Signet Industries shares in 2025, see the table below.
Signet Industries Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 98.52 (+41.22%) | Price Action: Chart |
| 2025 Target 2 | 96.68 (+38.58%) | Fibonacci Extension Level 100.00% |
| 2025 Target 1 | 95.12 (+36.35%) | Fibonacci Extension Level 64.90% |
| Current Price | 69.76 | Signet Industries's share price as of 20 Dec 2024 |
| Stop Loss 1 | 63.96 (-8.32%) | Price Action: Jan 2024 Low |
| Stop Loss 2 | 63.18 (-9.44%) | Price Action: Sep 2017 Low |
| Stop Loss 3 | 61.84 (-11.36%) | Price Action: Jul 2021 High |
Long-Term Technical Outlook
52-Week Range Analysis: Signet Industries is currently trading at 29.9% of its 52-week range (₹58 - ₹97.35).
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: +7.74% | 3-year: +59.23% | 5-year: +235.87%
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Approach 2: Machine Learning By Studying Historical Prices
Signet Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹69.76 | ||
| 2024 | ₹71.65 | +2.71% | ₹72.72 |
| 2025 | ₹82.86 | +15.65% | ₹86.39 |
| 2026 | ₹95.40 | +15.13% | ₹96.83 |
| 2027 | ₹104.64 | +9.69% | ₹106.21 |
| 2028 | ₹109.88 | +5.01% | ₹111.53 |
| 2029 | ₹110.26 | +0.35% | ₹118.17 |
| 2030 | ₹123.16 | +11.70% | ₹128.76 |
| 2031 | ₹137.68 | +11.79% | ₹139.75 |
| 2032 | ₹147.25 | +6.95% | ₹149.46 |
| 2033 | ₹151.25 | +2.72% | ₹153.52 |
| 2034 | ₹148.87 | -1.57% | ₹160.53 |
| 2035 | ₹163.46 | +9.80% | ₹171.12 |
| 2036 | ₹179.97 | +10.10% | ₹182.67 |
| 2037 | ₹189.86 | +5.50% | ₹192.71 |
| 2038 | ₹192.62 | +1.45% | ₹195.51 |
| 2039 | ₹182.39 | -5.31% | ₹202.89 |
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.
Signet Industries Brief Company Overview
Signet Industries Limited: An Overview Signet Industries Limited is an Indian company specializing in the merchant trading of polymer and plastic granules. It operates through various segments, including Manufacturing, Wind Power Unit, and Trading. The company's products...
include: PVC resins Polyolefins (HDPE, LLDPE, PP) PET resins Plasticizers (DOP, DBP) Micro irrigation systems HDPE pipes and fittings PVC pipes and fittings Molded furniture Household molded products Signet Industries Limited also manufactures modular furniture products and generates and distributes electricity through windmills. The company has a strong reputation in the industry and is committed to providing quality products and services.Signet Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 270.32 Crore | Market valuation of Signet Industries's shares. |
| Revenue (TTM) | 1,181.42 Crore | Total revenue generated by Signet Industries over the past twelve months. |
| Net Income (TTM) | +161,592,992.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +7.19% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +1.39% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+18.20% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+4.20% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
165.73 | Company's total debt divided by total shareholder equity. |
| Total Debt | 350.04 Crore | Sum of Signet Industries's current & long-term financial obligations. |
| Total Cash | 18.99 Crore | Total amount of liquid funds available to Signet Industries. |
| Beta | 0.67 | Beta is less than 1 indicating that the Signet Industries's price is less volatile than the market. |
Is Signet Industries A Good Buy For Long Term?
Signet Industries, with its consistent revenue growth and improving profitability, appears to be a promising long-term investment. Its strong returns over various time frames indicate potential for capital appreciation. However, the company's high debt levels require consideration. Overall, given its financial performance and growth prospects, Signet Industries could be considered an average buy for long-term investors seeking potential growth.
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.
