Sky Gold (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
|
Sky Gold Limited |
|||
|
Price: ₹407.90 | ||
| 52 Week Low: ₹398.50 52 Week High: ₹4,413.45 |
|||
| Market Capital: 1,620.56 Crore (Smallcap) | |||
| Consumer Cyclical -> Luxury Goods | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Sky Gold Share Price Target For 2024
- 1.1.1: Sky Gold Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Sky Gold Share Price Target For 2025
- 1.2.1: Sky Gold Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Sky Gold Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Sky Gold Brief Company Overview
- 4: Sky Gold Financial Performance
- 4.0.1: Is Sky Gold A Good Buy For Long Term?
To predict the Sky Gold'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
Sky Gold Share Price Target For 2024
The line chart displays the monthly closing prices of Sky Gold 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 Sky Gold shares in 2024, see the table below.
Sky Gold Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 1394.99 (+241.99%) | Price Action: Chart |
| 2024 Target 2 | 1368.98 (+235.61%) | Price Action: Chart |
| 2024 Target 1 | 1355.43 (+232.29%) | Fibonacci Extension Level 23.60% |
| Current Price | 407.90 | Sky Gold's share price as of 23 Dec 2024 |
| Stop Loss 1 | 116.82 (-71.37%) | Price Action: Chart |
| Stop Loss 2 | 115.65 (-71.65%) | Price Action: Chart |
| Stop Loss 3 | 113.57 (-72.16%) | Price Action: Chart |
Short-Term Technical Outlook
Current Technical Position: Sky Gold is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹2234.11 serves as the nearest technical reference point.
Historical Returns: 3-month: -84.45% | 6-month: -74.43% | 1-year: -58.87%
Sky Gold Share Price Target For 2025
The line chart displays the monthly closing prices of Sky Gold 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 Sky Gold shares in 2025, see the table below.
Sky Gold Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 2909.67 (+613.32%) | Price Action: Chart |
| 2025 Target 2 | 2855.42 (+600.02%) | Price Action: Chart |
| 2025 Target 1 | 2827.15 (+593.09%) | Technical Indicator: MA50 |
| Current Price | 407.90 | Sky Gold's share price as of 23 Dec 2024 |
| Stop Loss 1 | -226.66 (-155.57%) | Price Action: Chart |
| Stop Loss 2 | -224.39 (-155.02%) | Price Action: Chart |
| Stop Loss 3 | -220.35 (-154.03%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Sky Gold is currently trading near its 52-week low of ₹398.5, indicating potential value opportunity.
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: -58.87% | 3-year: NA | 5-year: +308.68%
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Sky Gold Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹407.90 | ||
| 2024 | ₹4,786.16 | +1,073.36% | ₹4,857.95 |
| 2025 | ₹8,276.42 | +72.92% | ₹8,400.57 |
| 2026 | ₹12,903.68 | +55.9% | ₹13,097.24 |
| 2027 | ₹16,993.52 | +31.69% | ₹17,248.42 |
| 2028 | ₹21,293.78 | +25.3% | ₹22,574.10 |
| 2029 | ₹27,761.29 | +30.37% | ₹28,177.71 |
| 2030 | ₹28,545.90 | +2.82% | ₹29,956.03 |
| 2031 | ₹34,115.71 | +19.51% | ₹34,627.45 |
| 2032 | ₹38,016.81 | +11.43% | ₹39,939.04 |
| 2033 | ₹42,411.87 | +11.56% | ₹45,727.35 |
| 2034 | ₹50,736.42 | +19.62% | ₹51,497.47 |
| 2035 | ₹48,815.38 | -3.78% | ₹51,742.46 |
| 2036 | ₹55,327.74 | +13.34% | ₹57,303.98 |
| 2037 | ₹59,040.09 | +6.7% | ₹63,092.30 |
| 2038 | ₹63,529.96 | +7.6% | ₹68,880.61 |
| 2039 | ₹65,420.66 | +2.97% | ₹68,082.28 |
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.
Sky Gold Brief Company Overview
Sky Gold Limited: A Leading Jewelry Company in India Established in 2008, Sky Gold Limited is a renowned jewelry manufacturer, assembler, and retailer in India. With a diverse range of products, including necklaces, rings, pendants, bracelets, earrings, and bangles,...
Sky Gold caters to various customer preferences. The company's commitment to quality and customer satisfaction has earned it a strong reputation in the industry. Designs, manufactures, and markets gold and silver jewelry Offers customized jewelry to meet specific customer requirements Serves wholesalers, showrooms, and retailers Established in 2008 Based in Mumbai, IndiaSky Gold Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,620.56 Crore | Market valuation of Sky Gold's shares. |
| Revenue (TTM) | 1,502.02 Crore | Total revenue generated by Sky Gold over the past twelve months. |
| Net Income (TTM) | +32.95 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +3.52% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +2.19% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+72.2% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+40.79% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
168.79 | Company's total debt divided by total shareholder equity. |
| Total Debt | 192.32 Crore | Sum of Sky Gold's current & long-term financial obligations. |
| Total Cash | 5.06 Crore | Total amount of liquid funds available to Sky Gold. |
| Beta | -0.24 | Beta is less than 1 indicating that the Sky Gold's price is less volatile than the market. |
Is Sky Gold A Good Buy For Long Term?
Sky Gold, a smallcap stock, has shown remarkable growth in the last five years, delivering exceptional returns to investors. Its recent performance has been impressive, with a 72.2% increase in revenue over the previous quarter and a 40.79% growth in earnings compared to the same quarter last year. The company maintains a healthy profit margin of 2.19% and has minimal debt. Given its strong financial performance and consistent growth trajectory, Sky Gold presents a compelling long-term investment opportunity for investors seeking capital appreciation.
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.
