Technocraft Industries (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Technocraft Industries |
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Price: ₹2,923.95 | ||
| 52 Week Low: ₹1,532.50 52 Week High: ₹3,933.00 |
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| Market Capital: 5,544.44 Crore (Midcap) | |||
| Industrials -> Tools & Accessories | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Technocraft Industries Share Price Target For 2024
- 1.1.1: Technocraft Industries Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Technocraft Industries Share Price Target For 2025
- 1.2.1: Technocraft Industries Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Technocraft Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Technocraft Industries Brief Company Overview
- 4: Technocraft Industries Financial Performance
- 4.0.1: Is Technocraft Industries A Good Buy For Long Term?
To predict the Technocraft 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
Technocraft Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Technocraft 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 Technocraft Industries shares in 2024, see the table below.
Technocraft Industries Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 3125.0 (+6.87%) | Price Action: 06 Nov 2024 High |
| 2024 Target 2 | 3090.2 (+5.68%) | Price Action: 18 Dec 2024 High |
| 2024 Target 1 | 3044.9 (+4.13%) | Price Action: 20 Dec 2024 High |
| Current Price | 2923.95 | Technocraft Industries's share price as of 20 Dec 2024 |
| Stop Loss 1 | 2871.75 (-1.79%) | Price Action: 31 Oct 2024 Low |
| Stop Loss 2 | 2838.0 (-2.94%) | Price Action: 05 Dec 2024 High |
| Stop Loss 3 | 2792.55 (-4.50%) | Technical Indicator: MA200 |
Short-Term Technical Outlook
Current Technical Position: Technocraft Industries is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 50-day moving average at ₹2887.6 serves as the nearest technical reference point.
Historical Returns: 3-month: -10.73% | 6-month: +1.27% | 1-year: +15.26%
Technocraft Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Technocraft 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 Technocraft Industries shares in 2025, see the table below.
Technocraft Industries Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 4612.7 (+57.75%) | Price Action: Chart |
| 2025 Target 2 | 4526.69 (+54.81%) | Price Action: Chart |
| 2025 Target 1 | 4481.87 (+53.28%) | Fibonacci Extension Level 64.90% |
| Current Price | 2923.95 | Technocraft Industries's share price as of 20 Dec 2024 |
| Stop Loss 1 | 2552.19 (-12.72%) | Price Action: 18 Nov 2024 High |
| Stop Loss 2 | 2525.0 (-13.65%) | Price Action: 03 Dec 2024 Low |
| Stop Loss 3 | 2491.25 (-14.80%) | Price Action: 14 Nov 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Technocraft Industries is currently trading at 58.0% of its 52-week range (₹1532.5 - ₹3933).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +15.26% | 3-year: +274.13% | 5-year: +905.31%
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Approach 2: Machine Learning By Studying Historical Prices
Technocraft Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹2,923.95 | ||
| 2024 | ₹3,017.15 | +3.19% | ₹3,062.41 |
| 2025 | ₹3,624.39 | +20.13% | ₹3,775.00 |
| 2026 | ₹4,444.59 | +22.63% | ₹4,511.26 |
| 2027 | ₹4,593.28 | +3.35% | ₹4,662.18 |
| 2028 | ₹5,031.11 | +9.53% | ₹5,114.18 |
| 2029 | ₹5,412.76 | +7.59% | ₹5,783.77 |
| 2030 | ₹6,107.79 | +12.84% | ₹6,453.36 |
| 2031 | ₹7,122.94 | +16.62% | ₹7,229.78 |
| 2032 | ₹7,063.52 | -0.83% | ₹7,169.47 |
| 2033 | ₹7,474.05 | +5.81% | ₹7,792.53 |
| 2034 | ₹7,808.36 | +4.47% | ₹8,462.12 |
| 2035 | ₹8,591.19 | +10.03% | ₹9,131.71 |
| 2036 | ₹9,801.30 | +14.09% | ₹9,948.32 |
| 2037 | ₹9,533.76 | -2.73% | ₹9,676.77 |
| 2038 | ₹9,916.99 | +4.02% | ₹10,065.74 |
| 2039 | ₹9,667.94 | -2.51% | ₹9,942.25 |
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.
Technocraft Industries Brief Company Overview
Technocraft Industries (India) Limited: A Leading Diversified Manufacturing Conglomerate Founded in 1972 and headquartered in Mumbai, India, Technocraft Industries is a well-established and reputed conglomerate with a significant market presence. Over the decades,...
Technocraft has diversified its operations to encompass: Drum Closures: Steel plated, stainless steel, and steel lacquer closures, insertion dies, and clamps. Scaffolding: Tubes, techring, techlok, techstage, telescopic steel props, steel planks, frames, shoring props, and scaffolding accessories. Construction Systems: Slab decking systems, wall form systems, infra formwork, and lightweight formwork. Engineering Services Textiles: Yarns, fabrics, garments. Technocraft is committed to innovation, quality, and sustainability, consistently delivering a comprehensive range of products and services to various industries both in India and internationally.Technocraft Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 5,544.44 Crore | Market valuation of Technocraft Industries's shares. |
| Revenue (TTM) | 2,069.57 Crore | Total revenue generated by Technocraft Industries over the past twelve months. |
| Net Income (TTM) | +2,590,631,936.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +12.63% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +12.49% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+4.80% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-30.30% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
40.59 | Company's total debt divided by total shareholder equity. |
| Total Debt | 650.11 Crore | Sum of Technocraft Industries's current & long-term financial obligations. |
| Total Cash | 244.02 Crore | Total amount of liquid funds available to Technocraft Industries. |
| Beta | 0.55 | Beta is less than 1 indicating that the Technocraft Industries's price is less volatile than the market. |
Is Technocraft Industries A Good Buy For Long Term?
Technocraft Industries has witnessed consistent growth in the past, delivering impressive returns to investors over various time frames. Despite a recent dip in earnings and a high debt-to-equity ratio, the company's strong revenue growth, healthy profit margin, and ample cash balance indicate its resilience. Considering the company's long-term growth trajectory, it may be a suitable investment option for individuals seeking long-term capital appreciation. However, investors should monitor the company's debt situation and future financial performance before making a final decision.
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.
