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Sonam Share Price Target 2024, 2025, 2026 to 2039 With Charts
Sonam Limited | |||
 | Symbol: SONAMLTD | ||
| Price: ₹81.86 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Furnishings, Fixtures & Appliances | |||
Show Table of Contents
Table of Contents
- 1: Sonam Brief Company Overview
- 1.1: Sonam Limited: A Leading Horological Manufacturer in India
- 1.2: Sonam Financial Performance
- 1.2.1: Is Sonam A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Sonam Share Price Target For 2024
- 2.1.1: Sonam Share Price Target Table For 2024
- 2.1.2: Summary: Sonam Share Price Prediction For 2024
- 2.2: Sonam Share Price Target For 2025
- 2.2.1: Sonam Share Price Target Table For 2025
- 2.2.2: Summary: Sonam Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Sonam Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Sonam Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Sonam Past Performance
Sonam Brief Company Overview
Sonam Limited: A Leading Horological Manufacturer in India
Established in 1996, Sonam Limited is a prominent manufacturer and trader of horological products in India. Over the years, the company has established a strong reputation in the industry for its commitment to quality and innovation.
Diverse Product Range:
- Alarm time pieces
- Dial clocks
- Designer clocks
- Divine tune clocks
- LCD digital clocks
- LED digital clocks
- Light sensor clocks
- Musical clocks
- Office clocks
- Pendulum clocks
- Pendulum musical clocks
- Picture God dial clocks
- Regular clocks
- Diamond series clocks
- Rotating clocks
- Rotating musical clocks
- Rotating pendulum musical clocks
- SQ series clocks
- Sweep clocks
- Sweep office clocks
Export Presence:
Sonam Limited has expanded its operations beyond India and exports its products globally.
Commitment to Service:
The company is dedicated to providing exceptional customer service and is known for its reliable delivery and after-sales support.
Sonam Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 165.33 Crore | Market valuation of Sonam's shares. |
| Revenue (TTM) | 82.75 Crore | Total revenue generated by Sonam over the past twelve months. |
| Net Income (TTM) | +4.41 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 13.48% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 5.33% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +5.7% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +46.2% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 43.09 | Company's total debt divided by total shareholder equity. |
| Total Debt | 23.27 Crore | Sum of Sonam's current & long-term financial obligations. |
| Total Cash | 9.08 Lakh | Total amount of liquid funds available to Sonam. |
| Beta | -0.14 | Beta is less than 1 indicating that the Sonam's price is less volatile than the market. |
Is Sonam A Good Buy For Long Term?
Sonam, a small-cap stock with a market capitalization of 154.12 Crore, has shown revenue growth of 5.7% compared to the previous quarter and a significant 46.2% increase in earnings over the same quarter last year. However, its net profit margin stands at a modest 5.33%. Considering its recent negative returns (-54.82% in the past 3 months), it may not be an ideal buy for the short term. However, its long-term performance, with returns of 101.25% over the past 5 years, indicates potential for patient investors.
To predict the Sonam'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
Sonam Share Price Target For 2024
The line chart displays the monthly closing prices of Sonam 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 Sonam shares in 2024, see the table below.
Sonam Share Price Target Table For 2024
| Sonam's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 83.83 (+2.4%) | Price Action: 29 Oct 2024 High |
| 2024 Target 2 | 82.77 (+1.11%) | Price Action: 16 Oct 2024 Low |
| 2024 Target 1 | 81.86 (0%) | Fibonacci Extension Level 199% |
| Current Price | 81.86 | Sonam's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 81.86 (0%) | Fibonacci Retracement Extended 82.6% |
| Stop Loss 2 | 80.58 (-1.57%) | Price Action: 25 Oct 2024 High |
| Stop Loss 3 | 79.75 (-2.58%) | Price Action: 21 Oct 2024 High |
Summary: Sonam Share Price Prediction For 2024
In summary, Sonam has surged by ₹10.86, achieving a notable +15.30% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Sonam for 2024 predicts an additional rise of 0% to 2.4% by the end of 2024 with three potential targets T1: 81.86, T2: 82.77, T3: 83.83. Stop Loss at SL1: 81.86, SL2: 80.58, SL3: 79.75.
Sonam has a 52-week high of ₹96.70, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹34.00, 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 Sonam.
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Sonam Share Price Target For 2025
The line chart displays the monthly closing prices of Sonam 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 Sonam shares in 2025, see the table below.
Sonam Share Price Target Table For 2025
| Sonam's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 123.27 (+50.58%) | Fibonacci Extension Level 150% |
| 2025 Target 2 | 119.74 (+46.27%) | Price Action: Chart |
| 2025 Target 1 | 118.55 (+44.82%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 81.86 | Sonam's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 72.00 (-12.05%) | Price Action: Feb 2024 Low |
| Stop Loss 2 | 70.25 (-14.19%) | Price Action: Dec 2023 Low |
| Stop Loss 3 | 68.99 (-15.73%) | Price Action: Chart |
Summary: Sonam Share Price Prediction For 2025
In summary, Sonam has surged by ₹10.86, achieving a notable +15.30% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Sonam for 2025 predicts an additional rise of 44.82% to 50.58% by the end of 2025 with three potential targets T1: 118.55, T2: 119.74, T3: 123.27. Stop Loss at SL1: 72.00, SL2: 70.25, SL3: 68.99.
Sonam has a All-Time high of ₹96.70, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹34.00, 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 Sonam, we have created a specific page for that check here: Sonam Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Sonam Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Sonam share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 13.82% over the next 15 years.
For complete year by year Sonam long term share price target from 2024, 2025 to 2039 check the below table.
Sonam Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Sonam Target | YoY Change % |
|---|---|---|
| 2024 | ₹81.86 | [Current Price] |
| 2024 | ₹82.57 | 0.86% |
| 2025 | ₹115.75 | 40.18% |
| 2026 | ₹141.85 | 22.54% |
| 2027 | ₹168.13 | 18.52% |
| 2028 | ₹192.79 | 14.66% |
| 2029 | ₹227.98 | 18.25% |
| 2030 | ₹266.48 | 16.88% |
| 2031 | ₹288.42 | 8.23% |
| 2032 | ₹312.08 | 8.2% |
| 2033 | ₹333.73 | 6.93% |
| 2034 | ₹373.38 | 11.88% |
| 2035 | ₹417.21 | 11.73% |
| 2036 | ₹434.98 | 4.25% |
| 2037 | ₹456.05 | 4.84% |
| 2038 | ₹474.67 | 4.08% |
| 2039 | ₹505.91 | 6.58% |
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Sonam Past Performance
- In 2018, Sonam opening price was ₹18.5
- As of Thu 21 Nov 2024 the price stands at ₹81.86.
- This represents a Compound Annual Growth Rate (CAGR) of 23.67%.
- In 6 years, an investment of 10,000 would have become ₹44,248.64.
As we wrap up, we hope you like our study on Sonam 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.
