Tasty Bite Eatables (Small Cap) Share Target 2024, 2025 To 2039
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Tasty Bite Eatables Limited |
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Price: ₹10,089.90 | ||
| 52 Week Low: ₹9,100.00 52 Week High: ₹15,498.00 |
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| Market Capital: 2,731.17 Crore (Smallcap) | |||
| Consumer Defensive -> Packaged Foods | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Tasty Bite Eatables Share Price Target For 2024
- 1.1.1: Tasty Bite Eatables Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Tasty Bite Eatables Share Price Target For 2025
- 1.2.1: Tasty Bite Eatables Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Tasty Bite Eatables Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Tasty Bite Eatables Brief Company Overview
- 4: Tasty Bite Eatables Financial Performance
- 4.0.1: Is Tasty Bite Eatables A Good Buy For Long Term?
To predict the Tasty Bite Eatables'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
Tasty Bite Eatables Share Price Target For 2024
The line chart displays the monthly closing prices of Tasty Bite Eatables 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 Tasty Bite Eatables shares in 2024, see the table below.
Tasty Bite Eatables Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 10488.95 (+3.95%) | Price Action: 19 Dec 2024 High |
| 2024 Target 2 | 10381.35 (+2.88%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 10276.43 (+1.84%) | Price Action: Feb 2023 High |
| Current Price | 10089.90 | Tasty Bite Eatables's share price as of 23 Dec 2024 |
| Stop Loss 1 | 9985.55 (-1.04%) | Price Action: 23 Dec 2024 Low |
| Stop Loss 2 | 9882.29 (-2.06%) | Fibonacci Retracement Level 98.60% |
| Stop Loss 3 | 9764.65 (-3.23%) | Price Action: Jan 2023 Low |
Short-Term Technical Outlook
Current Technical Position: Tasty Bite Eatables is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹10719.37 serves as the nearest technical reference point.
Historical Returns: 3-month: -20.43% | 6-month: -5.33% | 1-year: -24.3%
Tasty Bite Eatables Share Price Target For 2025
The line chart displays the monthly closing prices of Tasty Bite Eatables 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 Tasty Bite Eatables shares in 2025, see the table below.
Tasty Bite Eatables Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 14657.07 (+45.26%) | Price Action: Chart |
| 2025 Target 2 | 14383.78 (+42.55%) | Price Action: Chart |
| 2025 Target 1 | 14241.37 (+41.14%) | Fibonacci Extension Level 64.90% |
| Current Price | 10089.90 | Tasty Bite Eatables's share price as of 23 Dec 2024 |
| Stop Loss 1 | 9141.52 (-9.4%) | Price Action: Jan 2019 High |
| Stop Loss 2 | 9041.56 (-10.39%) | Price Action: Nov 2018 High |
| Stop Loss 3 | 8933.76 (-11.46%) | Price Action: Aug 2019 High |
Long-Term Technical Outlook
52-Week Range Analysis: Tasty Bite Eatables is currently trading near its 52-week low of ₹9100, 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: -24.3% | 3-year: -27.16% | 5-year: +21.22%
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Approach 2: Machine Learning By Studying Historical Prices
Tasty Bite Eatables Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹10,089.90 | ||
| 2024 | ₹11,074.41 | +9.75% | ₹11,240.53 |
| 2025 | ₹10,011.46 | -9.59% | ₹10,161.63 |
| 2026 | ₹7,811.90 | -21.97% | ₹9,844.40 |
| 2027 | ₹7,185.54 | -8.01% | ₹8,666.20 |
| 2028 | ₹9,979.47 | +38.88% | ₹10,129.16 |
| 2029 | ₹9,621.77 | -3.58% | ₹9,940.76 |
| 2030 | ₹9,229.25 | -4.07% | ₹9,697.10 |
| 2031 | ₹8,742.85 | -5.27% | ₹9,208.23 |
| 2032 | ₹8,259.90 | -5.52% | ₹9,136.47 |
| 2033 | ₹9,097.65 | +10.14% | ₹9,234.11 |
| 2034 | ₹8,864.56 | -2.56% | ₹9,408.11 |
| 2035 | ₹8,600.46 | -2.97% | ₹9,018.70 |
| 2036 | ₹8,248.62 | -4.09% | ₹8,601.43 |
| 2037 | ₹7,898.65 | -4.24% | ₹8,629.29 |
| 2038 | ₹12,221.46 | +54.72% | ₹12,404.78 |
| 2039 | ₹12,240.97 | +0.15% | ₹12,424.58 |
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.
Tasty Bite Eatables Brief Company Overview
Tasty Bite Eatables Limited: A Culinary Powerhouse Tasty Bite Eatables Limited is renowned for its delectable ready-to-eat meals, frozen food delights, and specialty sauces, captivating taste buds worldwide. Established in 1985, the company has built a strong reputation as...
a culinary innovator, delighting consumers with its globally recognized brand name. Diverse Product Range: Entrées: Tantalizing ready-to-eat dishes Ready-to-Cook Sauces: Enhancing home-cooked meals with ease Organic Rice: Health-conscious options for a balanced diet Whole-Grain Preparations: Superfood alternatives for nutritious choices Gravies and Pastes: Flavorful additions to any culinary adventure Commitment to Quality: Tasty Bite Eatables Limited prioritizes excellence, adhering to stringent quality standards at every stage of production. Their unwavering commitment to taste and innovation has garnered them a loyal customer base, making them a preferred choice for discerning foodies.Tasty Bite Eatables Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,731.17 Crore | Market valuation of Tasty Bite Eatables's shares. |
| Revenue (TTM) | 558.19 Crore | Total revenue generated by Tasty Bite Eatables over the past twelve months. |
| Net Income (TTM) | +41.51 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +4.34% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +7.43% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+0.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-72.09% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
30.16 | Company's total debt divided by total shareholder equity. |
| Total Debt | 86.44 Crore | Sum of Tasty Bite Eatables's current & long-term financial obligations. |
| Total Cash | 8.59 Crore | Total amount of liquid funds available to Tasty Bite Eatables. |
Is Tasty Bite Eatables A Good Buy For Long Term?
Tasty Bite Eatables has a moderate revenue growth of 0.5% but a concerning decline in earnings of -72.1% in the last quarter. Its debt of 86.44 Crore, while not alarming at present, warrants monitoring. The decline in earnings and revenue in recent quarters is a matter of concern, making the stock an average buy for the long term. However, it's worth noting that the company has delivered positive returns over the past 5 years.
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.
