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TECHNOE Share Price Target 2024, 2025, 2026 to 2039 With Charts
Techno Electric & Engineering Company Limited | |||
 | Symbol: TECHNOE | ||
| Price: ₹1,444.9 | |||
| Exchange: NSE | |||
| Industrials -> Engineering & Construction | |||
Show Table of Contents
Table of Contents
- 1: TECHNOE Brief Company Overview
- 1.1: Techno Electric & Engineering Company Limited: A Leading Player in Power Sector
- 1.2: TECHNOE Financial Performance
- 1.2.1: Is TECHNOE A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: TECHNOE Share Price Target For 2024
- 2.1.1: TECHNOE Share Price Target Table For 2024
- 2.1.2: Summary: TECHNOE Share Price Prediction For 2024
- 2.2: TECHNOE Share Price Target For 2025
- 2.2.1: TECHNOE Share Price Target Table For 2025
- 2.2.2: Summary: TECHNOE Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: TECHNOE Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: TECHNOE Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: TECHNOE Past Performance
TECHNOE Brief Company Overview
Techno Electric & Engineering Company Limited: A Leading Player in Power Sector
Founded in 1963 and headquartered in Kolkata, India, Techno Electric & Engineering Company Limited (TEECL) has been a prominent player in India's power sector for nearly six decades.
- Turnkey EPC Services: TEECL provides comprehensive EPC solutions for power generation, transmission, and distribution sectors.
- Diverse Product Range: The company offers a wide array of products, including captive power plants, substations, overhead lines, and advanced smart metering solutions.
- Industrial Expertise: TEECL undertakes industrial projects such as electrical systems, fire protection, and air conditioning systems.
- Renewable Energy Focus: The company is committed to sustainable energy sources, with operations in wind power generation in Karnataka and Tamil Nadu.
TEECL's reputation for excellence and reliability has earned it a strong market presence. The company's commitment to innovation and customer satisfaction continues to drive its growth and success.
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TECHNOE Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 12,050.63 Crore | Market valuation of TECHNOE's shares. |
| Revenue (TTM) | 1,375.73 Crore | Total revenue generated by TECHNOE over the past twelve months. |
| Net Income (TTM) | +199.65 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 16.64% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 18.29% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +76.3% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +192.5% | Change in earnings compared to the same quarter last year. |
| Total Cash | 1,444.76 Crore | Total amount of liquid funds available to TECHNOE. |
| Beta | 0.65 | Beta is less than 1 indicating that the TECHNOE's price is less volatile than the market. |
Is TECHNOE A Good Buy For Long Term?
TECHNOE has experienced remarkable revenue growth (76.3%) and earnings growth (192.5%) in the last quarter, with consistent returns over the last 3 to 5 years. Its healthy profit margin (18.29%) and strong cash balance indicate financial stability. Based on this, TECHNOE appears to be a promising buy for long-term investment.
To predict the TECHNOE'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
TECHNOE Share Price Target For 2024
The line chart displays the monthly closing prices of TECHNOE 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 TECHNOE shares in 2024, see the table below.
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TECHNOE Share Price Target Table For 2024
| TECHNOE's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 1501.00 (+3.88%) | Price Action: Oct 2024 Low |
| 2024 Target 2 | 1484.40 (+2.73%) | Price Action: 30 Oct 2024 Low |
| 2024 Target 1 | 1467.65 (+1.57%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 1444.90 | TECHNOE's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 1437.91 (-0.49%) | Price Action: Chart |
| Stop Loss 2 | 1423.18 (-1.51%) | Fibonacci Retracement Level 71.8% |
| Stop Loss 3 | 1397.35 (-3.3%) | Fibonacci Retracement Level 98.6% |
Summary: TECHNOE Share Price Prediction For 2024
In summary, TECHNOE has surged by ₹645.05, achieving a notable +80.65% increase from 1st January 2024 to 14 Nov 2024. Our analysis of TECHNOE for 2024 predicts an additional rise of 1.57% to 3.88% by the end of 2024 with three potential targets T1: 1467.65, T2: 1484.40, T3: 1501.00. Stop Loss at SL1: 1437.91, SL2: 1423.18, SL3: 1397.35.
TECHNOE has a 52-week high of ₹1822.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹605.00, 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 TECHNOE.
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TECHNOE Share Price Target For 2025
The line chart displays the monthly closing prices of TECHNOE 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 TECHNOE shares in 2025, see the table below.
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TECHNOE Share Price Target Table For 2025
| TECHNOE's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 2313.16 (+60.09%) | Price Action: Chart |
| 2025 Target 2 | 2270.03 (+57.1%) | Price Action: Chart |
| 2025 Target 1 | 2247.55 (+55.55%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 1444.90 | TECHNOE's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 1252.51 (-13.32%) | Technical Indicator: MA200 |
| Stop Loss 2 | 1230.00 (-14.88%) | Price Action: May 2024 Low |
| Stop Loss 3 | 1207.86 (-16.41%) | Price Action: Chart |
Summary: TECHNOE Share Price Prediction For 2025
In summary, TECHNOE has surged by ₹645.05, achieving a notable +80.65% increase from 1st January 2024 to 14 Nov 2024. Our analysis of TECHNOE for 2025 predicts an additional rise of 55.55% to 60.09% by the end of 2025 with three potential targets T1: 2247.55, T2: 2270.03, T3: 2313.16. Stop Loss at SL1: 1252.51, SL2: 1230.00, SL3: 1207.86.
TECHNOE has a All-Time high of ₹1822.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹605.00, 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 TECHNOE, we have created a specific page for that check here: TECHNOE Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
TECHNOE Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of TECHNOE share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 11.93% over the next 15 years.
For complete year by year TECHNOE long term share price target from 2024, 2025 to 2039 check the below table.
TECHNOE Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | TECHNOE Target | YoY Change % |
|---|---|---|
| 2024 | ₹1,444.9 | [Current Price] |
| 2024 | ₹1,598.9 | 10.65% |
| 2025 | ₹2,175.86 | 36.08% |
| 2026 | ₹2,383.91 | 9.56% |
| 2027 | ₹2,547.69 | 6.87% |
| 2028 | ₹2,792.15 | 9.59% |
| 2029 | ₹3,491.56 | 25.04% |
| 2030 | ₹4,258.43 | 21.96% |
| 2031 | ₹4,299.02 | 0.95% |
| 2032 | ₹4,311.05 | 0.27% |
| 2033 | ₹4,489.72 | 4.14% |
| 2034 | ₹5,384.22 | 19.92% |
| 2035 | ₹6,341.01 | 17.77% |
| 2036 | ₹6,214.12 | -2.01% |
| 2037 | ₹6,074.41 | -2.25% |
| 2038 | ₹6,187.28 | 1.85% |
| 2039 | ₹7,748.18 | 25.22% |
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TECHNOE Past Performance
- In 2007, TECHNOE opening price was ₹53.35
- As of Thu 14 Nov 2024 the price stands at ₹1,444.9.
- This represents a Compound Annual Growth Rate (CAGR) of 20.11%.
- In 17 years, an investment of 10,000 would have become ₹2.7 Lakh.
As we wrap up, we hope you like our study on TECHNOE 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.
