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Sportking India Share Price Target 2024, 2025, 2026 to 2039 With Charts
Sportking India Limited | |||
Symbol: SPORTKING | |||
Price: ₹90.46 | |||
Exchange: NSE | |||
Consumer Cyclical -> Textile Manufacturing |
Show Table of Contents
Table of Contents
- 1: Sportking India Brief Company Overview
- 1.1: Company Overview: Sportking India Limited
- 1.2: Sportking India Financial Performance
- 1.2.1: Is Sportking India A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Sportking India Share Price Target For 2024
- 2.1.1: Sportking India Share Price Target Table For 2024
- 2.1.2: Summary: Sportking India Share Price Prediction For 2024
- 2.2: Sportking India Share Price Target For 2025
- 2.2.1: Sportking India Share Price Target Table For 2025
- 2.2.2: Summary: Sportking India Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Sportking India Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Sportking India Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Sportking India Past Performance
Sportking India Brief Company Overview
Company Overview: Sportking India Limited
Key Products and Services:
- Cotton, Synthetic, and Blended Yarns
- Yarns and Fibers Dyeing and Processing
- Knitted Fabrics
- Apparel (T-shirts, Shirts, etc.)
History and Market Presence:
- Founded in 1977
- Based in Ludhiana, India
- Exports to Approximately 30 Countries
Reputation and Commitment:
- Established Reputation in the Industry
- Commitment to Quality and Customer Satisfaction
Diverse Product Range:
- Apparel for Boys, Men, Girls, and Ladies
- Nightwear and Lingerie
- Trackwear and Casualwear
Sportking India Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 1,015.49 Crore | Market valuation of Sportking India's shares. |
Revenue (TTM) | 2,377.14 Crore | Total revenue generated by Sportking India over the past twelve months. |
Net Income (TTM) | +70.34 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | 7.4% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | 2.95% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) | +14.49% | Change in revenue compared to the previous quarter. |
Earnings Growth (YOY Quarterly) | -25.9% | Change in earnings compared to the same quarter last year. |
Debt-to-Equity (D/E) Ratio | 97 | Company's total debt divided by total shareholder equity. |
Total Debt | 875.4 Crore | Sum of Sportking India's current & long-term financial obligations. |
Total Cash | 1.45 Crore | Total amount of liquid funds available to Sportking India. |
Beta | 0.51 | Beta is less than 1 indicating that the Sportking India's price is less volatile than the market. |
Is Sportking India A Good Buy For Long Term?
Sportking India, a small-cap stock with a market cap of 997.63 Crore, has exhibited a -25.9% decline in earnings compared to the same quarter last year, while its revenue grew by 14.49% compared to the previous quarter. With a profit margin of 2.95% and a debt of 875.4 Crore, the company's financial health warrants caution. While it has delivered impressive long-term returns, its recent performance and high debt levels suggest that it may not be a suitable buy for the long term.
To predict the Sportking India'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
Sportking India Share Price Target For 2024
The line chart displays the monthly closing prices of Sportking India 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 Sportking India shares in 2024, see the table below.
Sportking India Share Price Target Table For 2024
Sportking India's Levels | Value | Reason/Importance |
---|---|---|
2024 Target 3 | 96.74 (+6.94%) | Custom Fibonacci Extension Lvl 64.9% |
2024 Target 2 | 95.75 (+5.84%) | Custom Fibonacci Extension Lvl 50% |
2024 Target 1 | 93.99 (+3.9%) | Custom Fibonacci Extension Lvl 23.6% |
Current Price | 90.46 | Sportking India's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 91.63 (+1.29%) | Fibonacci Retracement Level 71.8% |
Stop Loss 2 | 89.84 (-0.69%) | Fibonacci Retracement Level 98.6% |
Stop Loss 3 | 88.24 (-2.46%) | Price Action: Sep 2020 High |
Summary: Sportking India Share Price Prediction For 2024
In summary, Sportking India has declined by ₹-730.59, recording a notable -88.98% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Sportking India for 2024 predicts an additional rise of 3.9% to 6.94% by the end of 2024 with three potential targets T1: 93.99, T2: 95.75, T3: 96.74. Stop Loss at SL1: 91.63, SL2: 89.84, SL3: 88.24.
Sportking India has a 52-week high of ₹159.53, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹72.00, 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 Sportking India.
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Sportking India Share Price Target For 2025
The line chart displays the monthly closing prices of Sportking India 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 Sportking India shares in 2025, see the table below.
Sportking India Share Price Target Table For 2025
Sportking India's Levels | Value | Reason/Importance |
---|---|---|
2025 Target 3 | 1020.27 (+1027.86%) | Price Action: Chart |
2025 Target 2 | 1001.25 (+1006.84%) | Price Action: Chart |
2025 Target 1 | 991.34 (+995.88%) | Custom Fibonacci Extension Lvl 64.9% |
Current Price | 90.46 | Sportking India's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | -126.49 (-239.83%) | Price Action: Chart |
Stop Loss 2 | -125.23 (-238.44%) | Price Action: Chart |
Stop Loss 3 | -122.98 (-235.95%) | Price Action: Chart |
Summary: Sportking India Share Price Prediction For 2025
In summary, Sportking India has declined by ₹-730.59, recording a notable -88.98% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Sportking India for 2025 predicts an additional rise of 995.88% to 1027.86% by the end of 2025 with three potential targets T1: 991.34, T2: 1001.25, T3: 1020.27. Stop Loss at SL1: -126.49, SL2: -125.23, SL3: -122.98.
Sportking India has a All-Time high of ₹1549.80, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹72.00, 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 Sportking India, we have created a specific page for that check here: Sportking India Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Sportking India Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Sportking India share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 2.73% over the next 15 years.
For complete year by year Sportking India long term share price target from 2024, 2025 to 2039 check the below table.
Sportking India Share Price Target Table From 2024, 2025, 2026 to 2039
Year | Sportking India Target | YoY Change % |
---|---|---|
2024 | ₹90.46 | [Current Price] |
2024 | ₹290.33 | 220.95% |
2025 | ₹111.88 | -61.47% |
2026 | ₹760.54 | 579.78% |
2027 | ₹741.14 | -2.56% |
2028 | ₹714.41 | -3.61% |
2029 | ₹736.74 | 3.12% |
2030 | ₹694.68 | -5.71% |
2031 | ₹616.54 | -11.25% |
2032 | ₹595.29 | -3.45% |
2033 | ₹568.05 | -4.58% |
2034 | ₹579.37 | 1.99% |
2035 | ₹539.66 | -6.86% |
2036 | ₹472.54 | -12.44% |
2037 | ₹449.44 | -4.89% |
2038 | ₹421.71 | -6.17% |
2039 | ₹423.42 | 0.4% |
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Sportking India Past Performance
- In 2017, Sportking India opening price was ₹3.28
- As of Thu 21 Nov 2024 the price stands at ₹90.46.
- This represents a Compound Annual Growth Rate (CAGR) of 51.38%.
- In 7 years, an investment of 10,000 would have become ₹2.75 Lakh.
As we wrap up, we hope you like our study on Sportking India 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.