Select Page

Home / Share Price Target / Thejo

Thejo Engineering Share Price Target 2024, 2025, 2026 to 2039 With Charts

Thejo Engineering Limited

Company LogoSymbol: THEJO
Price: ₹2,692.1
Exchange: NSE
Industrials -> Specialty Industrial Machinery
Show Table of Contents

Thejo Engineering Brief Company Overview

Thejo Engineering Limited: A Leading Provider of Engineering Products and Services

Established in 1974, Thejo Engineering Limited is a reputable player in the industry, specializing in rubber and polyurethane-based engineering solutions for bulk material handling, mineral processing, and corrosion protection applications.

Their diverse product range encompasses:

  • Conveyor care products
  • Transfer point solutions
  • Dust suppression and flow promotion products
  • Abrasion and wear protection solutions
  • Screening media and filtration equipment
  • Corrosion protection products
  • Specialty products

Beyond manufacturing, Thejo Engineering provides comprehensive services, including:

  • Installation, operation, and maintenance
  • Project execution

The company's commitment to quality and innovation has earned it a strong reputation in the mining, mineral processing, and various other industries. With a global presence, Thejo Engineering continues to deliver value to customers with its innovative solutions.


Advertisement

Thejo Engineering Financial Performance

MetricValueDescription
Market Capital3,006.33 CroreMarket valuation of Thejo Engineering's shares.
Revenue (TTM)540.4 CroreTotal revenue generated by Thejo Engineering over the past twelve months.
Net Income (TTM)+47.85 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin15.88%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin8.85%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+22.8%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+93.6%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
20.18Company's total debt divided by total shareholder equity.
Total Debt48.92 CroreSum of Thejo Engineering's current & long-term financial obligations.
Total Cash45.13 CroreTotal amount of liquid funds available to Thejo Engineering.
Beta0.47Beta is less than 1 indicating that the Thejo Engineering's price is less volatile than the market.

Is Thejo Engineering A Good Buy For Long Term?

Thejo Engineering, a small-cap company with strong growth potential, is a good buy for long-term investors. Its revenue and earnings have witnessed significant growth, with a 93.6% increase in earnings compared to the same quarter last year. The company's profit margin of 8.85% indicates its profitability. Despite having a debt of 48.92 Crore, it also maintains a cash balance of 45.13 Crore. Overall, Thejo Engineering's strong financial performance and growth prospects make it a suitable investment for long-term wealth creation.

To predict the Thejo Engineering'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

Thejo Engineering Share Price Target For 2024

Thejo Engineering Targets For 2024 Chart

The line chart displays the monthly closing prices of Thejo Engineering 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 Thejo Engineering shares in 2024, see the table below.

Advertisement

Thejo Engineering Share Price Target Table For 2024

Thejo Engineering's LevelsValueReason/Importance
2024 Target 32849.00 (+5.82%)Price Action: Sep 2021 High
2024 Target 22818.55 (+4.69%)Price Action: 26 Aug 2024 High
2024 Target 12776.00 (+3.11%)Price Action: 21 Aug 2024 Low
Current Price2692.10Thejo Engineering's 1 share price as of Fri 06 Sep 2024
Stop Loss 12650.10 (-1.57%)Price Action: 29 Aug 2024 Low
Stop Loss 22611.00 (-3.02%)Price Action: 04 Sep 2024 Low
Stop Loss 32545.59 (-5.45%)Technical Indicator: MA200

Summary: Thejo Engineering Share Price Prediction For 2024

In summary, Thejo Engineering has surged by ₹846.65, achieving a notable +45.88% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Thejo Engineering for 2024 predicts an additional rise of 3.11% to 5.82% by the end of 2024 with three potential targets T1: 2776.00, T2: 2818.55, T3: 2849.00. Stop Loss at SL1: 2650.10, SL2: 2611.00, SL3: 2545.59.

Thejo Engineering has a 52-week high of ₹3707.89, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1571.50, 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 Thejo Engineering.

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Thejo Engineering Share Price Target For 2025

Thejo Engineering Targets For 2025 Chart

The line chart displays the monthly closing prices of Thejo Engineering 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 Thejo Engineering shares in 2025, see the table below.

Advertisement

Thejo Engineering Share Price Target Table For 2025

Thejo Engineering's LevelsValueReason/Importance
2025 Target 34004.93 (+48.76%)Price Action: Chart
2025 Target 23930.26 (+45.99%)Price Action: Chart
2025 Target 13891.35 (+44.54%)Custom Fibonacci Extension Lvl 64.9%
Current Price2692.10Thejo Engineering's 1 share price as of Fri 06 Sep 2024
Stop Loss 12399.90 (-10.86%)Price Action: Jul 2021 Low
Stop Loss 22375.90 (-11.75%)Price Action: Chart
Stop Loss 32293.90 (-14.8%)Price Action: Nov 2023 High

Summary: Thejo Engineering Share Price Prediction For 2025

In summary, Thejo Engineering has surged by ₹846.65, achieving a notable +45.88% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Thejo Engineering for 2025 predicts an additional rise of 44.54% to 48.76% by the end of 2025 with three potential targets T1: 3891.35, T2: 3930.26, T3: 4004.93. Stop Loss at SL1: 2399.90, SL2: 2375.90, SL3: 2293.90.

Thejo Engineering has a All-Time high of ₹3707.89, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1571.50, 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 Thejo Engineering, we have created a specific page for that check here: Thejo Engineering Share Price Target For Tomorrow & Next Week

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Approach 2: Machine Learning By Studying Historical Prices

Thejo Engineering Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Thejo Engineering Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Thejo Engineering share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 14.55% over the next 15 years.

For complete year by year Thejo Engineering long term share price target from 2024, 2025 to 2039 check the below table.

Thejo Engineering Share Price Target Table From 2024, 2025, 2026 to 2039

YearThejo Engineering TargetYoY Change %
2024₹2,692.1[Current Price]
2024₹3,553.1531.98%
2025₹5,033.2441.65%
2026₹6,380.4826.76%
2027₹7,243.8713.53%
2028₹9,251.1827.71%
2029₹10,166.079.88%
2030₹11,859.7716.66%
2031₹13,187.7511.19%
2032₹13,613.23.22%
2033₹16,168.9618.77%
2034₹16,778.983.77%
2035₹18,686.311.36%
2036₹19,9957%
2037₹19,982.53-0.07%
2038₹23,086.7315.53%
2039₹23,806.193.11%

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Thejo Engineering Past Performance

THEJO main
Thejo Engineering has been listed on NSE for more than 8 years.
  • In 2016, Thejo Engineering opening price was ₹190
  • As of Fri 06 Sep 2024 the price stands at ₹2,692.1.
  • This represents a Compound Annual Growth Rate (CAGR) of 34.25%.
  • In 8 years, an investment of 10,000 would have become ₹1.41 Lakh.

As we wrap up, we hope you like our study on Thejo Engineering 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.

For more insights into Thejo Engineering Limited, explore these additional resources:-

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.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter