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Tega Industries Share Price Target 2024, 2025, 2026 to 2039 With Charts
Tega Industries Limited | |||
 | Symbol: TEGA | ||
| Price: ₹1,755 | |||
| Exchange: NSE | |||
| Industrials -> Specialty Industrial Machinery | |||
Show Table of Contents
Table of Contents
- 1: Tega Industries Brief Company Overview
- 1.1: Tega Industries Limited: A Global Leader in Mining and Material Handling Equipment
- 1.2: Tega Industries Financial Performance
- 1.2.1: Is Tega Industries A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Tega Industries Share Price Target For 2024
- 2.1.1: Tega Industries Share Price Target Table For 2024
- 2.1.2: Summary: Tega Industries Share Price Prediction For 2024
- 2.2: Tega Industries Share Price Target For 2025
- 2.2.1: Tega Industries Share Price Target Table For 2025
- 2.2.2: Summary: Tega Industries Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Tega Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Tega Industries Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Tega Industries Past Performance
Tega Industries Brief Company Overview
Tega Industries Limited: A Global Leader in Mining and Material Handling Equipment
Established in 1976, Tega Industries Limited is a renowned manufacturer and supplier of process equipment for various industries, including mineral processing, mining, and material handling.
Key Products and Services- Grinding mill liners: DynaPrime, DynaSteel, DynaPulp, DynaWear
- Conveyor products: Centrax, Friflo, Spill-Ex skirt sealing, Eco-Flip skirt, Single Wing, Ceramic pulley lagging, Ceradisc
- Trommels: Heavy duty, heavy and light duty applications
- Wear resistant liners: Transfer, storage equipment, handling bulk material
- Screen panels: Rubber, polyurethane
- Hydrocyclones: Mining and mineral processing sectors
Global Reach: With a presence in North America, South America, Europe, the Middle East, Russia, Africa, the Asia Pacific, and India, Tega Industries is a truly global player.
Reputation and Commitment: Over the years, Tega Industries has built a reputation for excellence in the industry. The company is committed to providing innovative, high-quality products and services to its customers.
Tega Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 10,270.75 Crore | Market valuation of Tega Industries's shares. |
| Revenue (TTM) | 1,382.14 Crore | Total revenue generated by Tega Industries over the past twelve months. |
| Net Income (TTM) | +181.62 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 12.38% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 13.14% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +14.6% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -26.4% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 31.78 | Company's total debt divided by total shareholder equity. |
| Total Debt | 344.31 Crore | Sum of Tega Industries's current & long-term financial obligations. |
| Total Cash | 321.95 Crore | Total amount of liquid funds available to Tega Industries. |
| Beta | 0.5 | Beta is less than 1 indicating that the Tega Industries's price is less volatile than the market. |
Is Tega Industries A Good Buy For Long Term?
Tega Industries' strong long-term performance, with 128.52% returns over the past 12 months, makes it an attractive investment. Despite a decline in earnings compared to the same quarter last year and a debt of 344.31 Crore, the company's revenue growth, positive profit margin, and ample cash balance indicate its financial stability and potential for future growth. Overall, Tega Industries is a good buy for long-term investors seeking value and growth.
To predict the Tega Industries'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
Tega Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Tega Industries 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 Tega Industries shares in 2024, see the table below.
Tega Industries Share Price Target Table For 2024
| Tega Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 1810.40 (+3.15%) | Price Action: 21 Oct 2024 Low |
| 2024 Target 2 | 1790.90 (+2.04%) | Custom Fibonacci Extension Lvl 50% |
| 2024 Target 1 | 1771.94 (+0.96%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 1755.00 | Tega Industries's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 1749.79 (-0.3%) | Price Action: Chart |
| Stop Loss 2 | 1731.01 (-1.37%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 3 | 1709.75 (-2.58%) | Fibonacci Retracement Extended 28.2% |
Summary: Tega Industries Share Price Prediction For 2024
In summary, Tega Industries has surged by ₹603.00, achieving a notable +52.34% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Tega Industries for 2024 predicts an additional rise of 0.96% to 3.15% by the end of 2024 with three potential targets T1: 1771.94, T2: 1790.90, T3: 1810.40. Stop Loss at SL1: 1749.79, SL2: 1731.01, SL3: 1709.75.
Tega Industries has a 52-week high of ₹2328.89, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹963.95, 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 Tega Industries.
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Tega Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Tega Industries 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 Tega Industries shares in 2025, see the table below.
Tega Industries Share Price Target Table For 2025
| Tega Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 2540.37 (+44.75%) | Price Action: Chart |
| 2025 Target 2 | 2493.00 (+42.05%) | Fibonacci Extension Level 150% |
| 2025 Target 1 | 2440.34 (+39.05%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 1755.00 | Tega Industries's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 1532.44 (-12.69%) | Price Action: May 2024 High |
| Stop Loss 2 | 1509.10 (-14.02%) | Technical Indicator: MA250 |
| Stop Loss 3 | 1481.94 (-15.56%) | Price Action: Chart |
Summary: Tega Industries Share Price Prediction For 2025
In summary, Tega Industries has surged by ₹603.00, achieving a notable +52.34% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Tega Industries for 2025 predicts an additional rise of 39.05% to 44.75% by the end of 2025 with three potential targets T1: 2440.34, T2: 2493.00, T3: 2540.37. Stop Loss at SL1: 1532.44, SL2: 1509.10, SL3: 1481.94.
Tega Industries has a All-Time high of ₹2328.89, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹963.95, 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 Tega Industries, we have created a specific page for that check here: Tega Industries Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Tega Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Tega Industries share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 14.93% over the next 15 years.
For complete year by year Tega Industries long term share price target from 2024, 2025 to 2039 check the below table.
Tega Industries Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Tega Industries Target | YoY Change % |
|---|---|---|
| 2024 | ₹1,755 | [Current Price] |
| 2024 | ₹2,111.02 | 20.28% |
| 2025 | ₹2,984.73 | 41.38% |
| 2026 | ₹3,775.55 | 26.49% |
| 2027 | ₹4,684.14 | 24.06% |
| 2028 | ₹5,496.28 | 17.33% |
| 2029 | ₹6,348.86 | 15.51% |
| 2030 | ₹7,260.01 | 14.35% |
| 2031 | ₹7,979.31 | 9.9% |
| 2032 | ₹8,949.7 | 12.16% |
| 2033 | ₹9,730.27 | 8.72% |
| 2034 | ₹10,586.7 | 8.8% |
| 2035 | ₹11,535.29 | 8.96% |
| 2036 | ₹12,183.07 | 5.61% |
| 2037 | ₹13,215.25 | 8.47% |
| 2038 | ₹13,964.25 | 5.66% |
| 2039 | ₹14,817.56 | 6.11% |
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Tega Industries Past Performance
- In 2022, Tega Industries opening price was ₹596
- As of Thu 21 Nov 2024 the price stands at ₹1,755.
- This represents a Compound Annual Growth Rate (CAGR) of 43.33%.
- In 2 years, an investment of 10,000 would have become ₹29,446.3.
As we wrap up, we hope you like our study on Tega Industries 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.
- Tega Industries Share Price History
- Tega Industries Price Target Tomorrow
- Tega Industries Dividend 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.
