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Sky Gold Share Price Target 2024, 2025, 2026 to 2039 With Charts
Sky Gold Limited | |||
 | Symbol: SKYGOLD | ||
| Price: ₹3,257.1 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Luxury Goods | |||
Show Table of Contents
Table of Contents
- 1: Sky Gold Brief Company Overview
- 1.1: Sky Gold Limited: A Leading Jewelry Company in India
- 1.2: Sky Gold Financial Performance
- 1.2.1: Is Sky Gold A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Sky Gold Share Price Target For 2024
- 2.1.1: Sky Gold Share Price Target Table For 2024
- 2.1.2: Summary: Sky Gold Share Price Prediction For 2024
- 2.2: Sky Gold Share Price Target For 2025
- 2.2.1: Sky Gold Share Price Target Table For 2025
- 2.2.2: Summary: Sky Gold Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Sky Gold Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Sky Gold Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Sky Gold Past Performance
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, India
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Sky Gold Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,667.81 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.
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.
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Sky Gold Share Price Target Table For 2024
| Sky Gold's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 3358.50 (+3.11%) | Price Action: 04 Nov 2024 Low |
| 2024 Target 2 | 3307.79 (+1.55%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 1 | 3273.00 (+0.48%) | Price Action: 16 Oct 2024 High |
| Current Price | 3257.10 | Sky Gold's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 3251.00 (-0.19%) | Price Action: 17 Oct 2024 High |
| Stop Loss 2 | 3218.05 (-1.2%) | Fibonacci Retracement Level 50% |
| Stop Loss 3 | 3181.39 (-2.33%) | Price Action: 18 Oct 2024 High |
Summary: Sky Gold Share Price Prediction For 2024
In summary, Sky Gold has surged by ₹2238.55, achieving a notable +219.78% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Sky Gold for 2024 predicts an additional rise of 0.48% to 3.11% by the end of 2024 with three potential targets T1: 3273.00, T2: 3307.79, T3: 3358.50. Stop Loss at SL1: 3251.00, SL2: 3218.05, SL3: 3181.39.
Sky Gold has a 52-week high of ₹3685.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹827.54, 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 Sky Gold.
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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.
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Sky Gold Share Price Target Table For 2025
| Sky Gold's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 5157.96 (+58.36%) | Price Action: Chart |
| 2025 Target 2 | 5061.79 (+55.4%) | Price Action: Chart |
| 2025 Target 1 | 5011.67 (+53.86%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 3257.10 | Sky Gold's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 2851.29 (-12.46%) | Technical Indicator: MA50 |
| Stop Loss 2 | 2822.78 (-13.34%) | Price Action: Chart |
| Stop Loss 3 | 2771.97 (-14.9%) | Price Action: Chart |
Summary: Sky Gold Share Price Prediction For 2025
In summary, Sky Gold has surged by ₹2238.55, achieving a notable +219.78% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Sky Gold for 2025 predicts an additional rise of 53.86% to 58.36% by the end of 2025 with three potential targets T1: 5011.67, T2: 5061.79, T3: 5157.96. Stop Loss at SL1: 2851.29, SL2: 2822.78, SL3: 2771.97.
Sky Gold has a All-Time high of ₹3685.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹827.54, 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 Sky Gold, we have created a specific page for that check here: Sky Gold Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Sky Gold Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Sky Gold share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 19.9% over the next 15 years.
For complete year by year Sky Gold long term share price target from 2024, 2025 to 2039 check the below table.
Sky Gold Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Sky Gold Target | YoY Change % |
|---|---|---|
| 2024 | ₹3,257.1 | [Current Price] |
| 2024 | ₹4,360.77 | 33.88% |
| 2025 | ₹7,260.07 | 66.48% |
| 2026 | ₹11,169.2 | 53.84% |
| 2027 | ₹14,609.58 | 30.8% |
| 2028 | ₹18,231.18 | 24.78% |
| 2029 | ₹23,702.75 | 30.01% |
| 2030 | ₹24,324.25 | 2.62% |
| 2031 | ₹29,026.89 | 19.33% |
| 2032 | ₹32,308.37 | 11.3% |
| 2033 | ₹36,009.78 | 11.45% |
| 2034 | ₹43,044.73 | 19.53% |
| 2035 | ₹41,388.44 | -3.85% |
| 2036 | ₹46,884.57 | 13.27% |
| 2037 | ₹50,007.16 | 6.66% |
| 2038 | ₹53,788.39 | 7.56% |
| 2039 | ₹55,371.15 | 2.94% |
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Sky Gold Past Performance
- In 2018, Sky Gold opening price was ₹90.5
- As of Thu 14 Nov 2024 the price stands at ₹3,257.1.
- This represents a Compound Annual Growth Rate (CAGR) of 66.84%.
- In 6 years, an investment of 10,000 would have become ₹3.59 Lakh.
As we wrap up, we hope you like our study on Sky Gold 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.
