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STYRENIX Share Price Target 2024, 2025, 2026 to 2039 With Charts
Styrenix Performance Materials Limited | |||
 | Symbol: STYRENIX | ||
| Price: ₹2,539.64 | |||
| Exchange: NSE | |||
| Basic Materials -> Chemicals | |||
Show Table of Contents
Table of Contents
- 1: STYRENIX Brief Company Overview
- 1.1: Styrenix Performance Materials: A Leader in Engineering Thermoplastics
- 1.2: STYRENIX Financial Performance
- 1.2.1: Is STYRENIX A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: STYRENIX Share Price Target For 2024
- 2.1.1: STYRENIX Share Price Target Table For 2024
- 2.1.2: Summary: STYRENIX Share Price Prediction For 2024
- 2.2: STYRENIX Share Price Target For 2025
- 2.2.1: STYRENIX Share Price Target Table For 2025
- 2.2.2: Summary: STYRENIX Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: STYRENIX Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: STYRENIX Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: STYRENIX Past Performance
STYRENIX Brief Company Overview
Styrenix Performance Materials: A Leader in Engineering Thermoplastics
Established in 1973 and headquartered in Vadodara, India, Styrenix Performance Materials Limited has a rich history in the manufacturing, trading, and sale of engineering thermoplastics.
The company boasts a diverse product range that includes:
- Absolac: For home appliances, automobiles, and consumer durables
- Absolan: For stationeries, cosmetics, and industrial goods
- General purpose poly styrene: For TV light diffusers, insulation boards, and packaging
- High impact poly styrene resin: For electronics, refrigerators, and toys
With a strong market presence both in India and internationally, Styrenix has established itself as a key player in the thermoplastics industry. Its commitment to innovation and quality has earned it a reputation for excellence among customers and industry peers.
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STYRENIX Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,192.58 Crore | Market valuation of STYRENIX's shares. |
| Revenue (TTM) | 2,222.16 Crore | Total revenue generated by STYRENIX over the past twelve months. |
| Net Income (TTM) | +173.16 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 10.46% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 7.79% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -2.7% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +16.3% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 3.78 | Company's total debt divided by total shareholder equity. |
| Total Debt | 27.34 Crore | Sum of STYRENIX's current & long-term financial obligations. |
| Total Cash | 112.72 Crore | Total amount of liquid funds available to STYRENIX. |
| Beta | 0.71 | Beta is less than 1 indicating that the STYRENIX's price is less volatile than the market. |
Is STYRENIX A Good Buy For Long Term?
STYRENIX, with a market cap of 3,295.01 Crore, depicts steady growth with a 16.3% increase in earnings compared to the previous year and a healthy profit margin of 7.79%. Its revenue has seen a minor dip of 2.7% in the last quarter, but its long-term returns are impressive, with a 205.88% return over the past five years. While the company's debt remains relatively low at 27.34 Crore, its strong cash balance of 112.72 Crore provides a cushion. Overall, STYRENIX presents itself as a promising stock for long-term investment.
To predict the STYRENIX'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
STYRENIX Share Price Target For 2024
The line chart displays the monthly closing prices of STYRENIX 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 STYRENIX shares in 2024, see the table below.
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STYRENIX Share Price Target Table For 2024
| STYRENIX's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 2645.61 (+4.17%) | Custom Fibonacci Extension Lvl 50% |
| 2024 Target 2 | 2612.30 (+2.86%) | Price Action: 15 Oct 2024 Low |
| 2024 Target 1 | 2574.00 (+1.35%) | Price Action: 11 Oct 2024 High |
| Current Price | 2539.64 | STYRENIX's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 2523.97 (-0.62%) | Fibonacci Retracement Level 50% |
| Stop Loss 2 | 2490.05 (-1.96%) | Price Action: 24 Sep 2024 Low |
| Stop Loss 3 | 2460.44 (-3.12%) | Price Action: 25 Sep 2024 Low |
Summary: STYRENIX Share Price Prediction For 2024
In summary, STYRENIX has surged by ₹1095.99, achieving a notable +75.92% increase from 1st January 2024 to 17 Oct 2024. Our analysis of STYRENIX for 2024 predicts an additional rise of 1.35% to 4.17% by the end of 2024 with three potential targets T1: 2574.00, T2: 2612.30, T3: 2645.61. Stop Loss at SL1: 2523.97, SL2: 2490.05, SL3: 2460.44.
STYRENIX has a 52-week high of ₹2880.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1215.40, 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 STYRENIX.
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STYRENIX Share Price Target For 2025
The line chart displays the monthly closing prices of STYRENIX 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 STYRENIX shares in 2025, see the table below.
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STYRENIX Share Price Target Table For 2025
| STYRENIX's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 3714.90 (+46.27%) | Price Action: Chart |
| 2025 Target 2 | 3645.63 (+43.54%) | Custom Fibonacci Extension Lvl 64.9% |
| 2025 Target 1 | 3576.26 (+40.81%) | Fibonacci Extension Level 150% |
| Current Price | 2539.64 | STYRENIX's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 2242.00 (-11.72%) | Price Action: Jun 2024 High |
| Stop Loss 2 | 2219.58 (-12.61%) | Price Action: Chart |
| Stop Loss 3 | 2179.63 (-14.18%) | Price Action: Chart |
Summary: STYRENIX Share Price Prediction For 2025
In summary, STYRENIX has surged by ₹1095.99, achieving a notable +75.92% increase from 1st January 2024 to 17 Oct 2024. Our analysis of STYRENIX for 2025 predicts an additional rise of 40.81% to 46.27% by the end of 2025 with three potential targets T1: 3576.26, T2: 3645.63, T3: 3714.90. Stop Loss at SL1: 2242.00, SL2: 2219.58, SL3: 2179.63.
STYRENIX has a All-Time high of ₹2843.25, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1215.40, 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 STYRENIX, we have created a specific page for that check here: STYRENIX Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
STYRENIX Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of STYRENIX share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 15.69% over the next 15 years.
For complete year by year STYRENIX long term share price target from 2024, 2025 to 2039 check the below table.
STYRENIX Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | STYRENIX Target | YoY Change % |
|---|---|---|
| 2024 | ₹2,539.64 | [Current Price] |
| 2024 | ₹3,182.62 | 25.31% |
| 2025 | ₹4,523.41 | 42.12% |
| 2026 | ₹5,910.42 | 30.66% |
| 2027 | ₹7,629.07 | 29.07% |
| 2028 | ₹8,981.2 | 17.72% |
| 2029 | ₹11,018.95 | 22.68% |
| 2030 | ₹11,986.09 | 8.77% |
| 2031 | ₹13,242.2 | 10.47% |
| 2032 | ₹15,211.62 | 14.87% |
| 2033 | ₹16,427.45 | 7.99% |
| 2034 | ₹18,855.28 | 14.77% |
| 2035 | ₹19,448.77 | 3.14% |
| 2036 | ₹20,573.98 | 5.78% |
| 2037 | ₹22,794.16 | 10.79% |
| 2038 | ₹23,873.7 | 4.73% |
| 2039 | ₹24,496.29 | 2.6% |
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STYRENIX Past Performance
- In 1993, STYRENIX opening price was ₹41.25
- As of Thu 17 Oct 2024 the price stands at ₹2,539.64.
- This represents a Compound Annual Growth Rate (CAGR) of 13.74%.
- In 31 years, an investment of 10,000 would have become ₹6.15 Lakh.
As we wrap up, we hope you like our study on STYRENIX 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.
- STYRENIX Share Price History
- STYRENIX Price Target Tomorrow
- STYRENIX Dividend History
- STYRENIX Bonus History
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.
