Steel Exchange (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Steel Exchange India Limited |
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Price: ₹10.58 | ||
| 52 Week Low: ₹9.75 52 Week High: ₹18.40 |
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| Market Capital: 1,550.94 Crore (Smallcap) | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Steel Exchange Share Price Target For 2024
- 1.1.1: Steel Exchange Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Steel Exchange Share Price Target For 2025
- 1.2.1: Steel Exchange Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Steel Exchange Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Steel Exchange Brief Company Overview
- 4: Steel Exchange Financial Performance
- 4.0.1: Is Steel Exchange A Good Buy For Long Term?
To predict the Steel Exchange'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
Steel Exchange Share Price Target For 2024
The line chart displays the monthly closing prices of Steel Exchange 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 Steel Exchange shares in 2024, see the table below.
Steel Exchange Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 11.03 (+4.25%) | Price Action: 11 Nov 2024 High |
| 2024 Target 2 | 10.92 (+3.21%) | Price Action: 06 Dec 2024 Low |
| 2024 Target 1 | 10.78 (+1.89%) | Price Action: 20 Dec 2024 High |
| Current Price | 10.58 | Steel Exchange's share price as of 20 Dec 2024 |
| Stop Loss 1 | 10.54 (-0.38%) | Fibonacci Retracement Level 98.60% |
| Stop Loss 2 | 10.43 (-1.42%) | Price Action: Dec 2012 High |
| Stop Loss 3 | 10.32 (-2.46%) | Price Action: 14 Nov 2024 High |
Short-Term Technical Outlook
Current Technical Position: Steel Exchange is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹10.77 serves as the nearest technical reference point.
Historical Returns: 3-month: -17.47% | 6-month: -27.34% | 1-year: +1.34%
Steel Exchange Share Price Target For 2025
The line chart displays the monthly closing prices of Steel Exchange 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 Steel Exchange shares in 2025, see the table below.
Steel Exchange Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 16.79 (+58.69%) | Price Action: Chart |
| 2025 Target 2 | 16.48 (+55.76%) | Price Action: Chart |
| 2025 Target 1 | 16.32 (+54.25%) | Fibonacci Extension Level 64.90% |
| Current Price | 10.58 | Steel Exchange's share price as of 20 Dec 2024 |
| Stop Loss 1 | 9.2 (-13.05%) | Price Action: Jan 2013 High |
| Stop Loss 2 | 9.09 (-14.09%) | Price Action: Oct 2016 High |
| Stop Loss 3 | 8.93 (-15.60%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Steel Exchange is currently trading near its 52-week low of ₹9.75, 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: +1.34% | 3-year: -39.33% | 5-year: +313.28%
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Approach 2: Machine Learning By Studying Historical Prices
Steel Exchange Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹10.58 | ||
| 2024 | ₹11.05 | +4.44% | ₹11.38 |
| 2025 | ₹9.21 | -16.65% | ₹9.95 |
| 2026 | ₹8.80 | -4.45% | ₹9.21 |
| 2027 | ₹7.67 | -12.84% | ₹8.36 |
| 2028 | ₹7.38 | -3.78% | ₹9.66 |
| 2029 | ₹7.70 | +4.34% | ₹9.16 |
| 2030 | ₹9.33 | +21.17% | ₹9.62 |
| 2031 | ₹9.37 | +0.43% | ₹9.79 |
| 2032 | ₹8.67 | -7.47% | ₹9.43 |
| 2033 | ₹7.72 | -10.96% | ₹8.68 |
| 2034 | ₹12.82 | +66.06% | ₹13.01 |
| 2035 | ₹12.78 | -0.31% | ₹14.99 |
| 2036 | ₹14.59 | +14.16% | ₹15.03 |
| 2037 | ₹14.95 | +2.47% | ₹15.17 |
| 2038 | ₹13.11 | -12.31% | ₹14.64 |
| 2039 | ₹15.12 | +15.33% | ₹15.35 |
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.
Steel Exchange Brief Company Overview
Steel Exchange India Limited: An Overview Established in 1999 and headquartered in Visakhapatnam, India, Steel Exchange India Limited is a leading manufacturer and seller of steel products, catering to the Indian market. The company's diverse product range includes steel...
ingots, TMT bars, sponge iron products, and steel billets. Additionally, it engages in the trading of various products related to the steel industry. Steel Exchange India Limited boasts a strong reputation in the industry, providing high-quality steel products and services to its customers. The company's commitment to innovation and customer satisfaction has contributed to its success and continued growth.Steel Exchange Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,550.94 Crore | Market valuation of Steel Exchange's shares. |
| Revenue (TTM) | 1,089.17 Crore | Total revenue generated by Steel Exchange over the past twelve months. |
| Net Income (TTM) | +108,859,000.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +9.13% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +0.99% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-23.70% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-23.71% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
66.43 | Company's total debt divided by total shareholder equity. |
| Total Debt | 439.48 Crore | Sum of Steel Exchange's current & long-term financial obligations. |
| Total Cash | 20.07 Crore | Total amount of liquid funds available to Steel Exchange. |
| Beta | 1.27 | Beta is greater than 1 indicating that the Steel Exchange's price is more volatile than the market. |
Is Steel Exchange A Good Buy For Long Term?
Based on the given data, Steel Exchange's recent financial performance shows a mixed picture. Revenue declined by 23.7% compared to the previous quarter and earnings dropped by 23.71% year-over-year. While the company has a moderate profit margin of 0.99%, it carries a significant debt of 439.48 Crore. With a small market capitalization and negative returns in recent quarters, Steel Exchange may not be a suitable long-term investment at this time.
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.
