TNTELE (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Tamilnadu Telecommunications Limited |
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Price: ₹11.85 | ||
| 52 Week Low: ₹8.60 52 Week High: ₹17.10 |
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| Market Capital: 44.31 Crore (Smallcap) | |||
| Technology -> Communication Equipment | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: TNTELE Share Price Target For 2024
- 1.1.1: TNTELE Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: TNTELE Share Price Target For 2025
- 1.2.1: TNTELE Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: TNTELE Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: TNTELE Brief Company Overview
- 4: TNTELE Financial Performance
- 4.0.1: Is TNTELE A Good Buy For Long Term?
To predict the TNTELE'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
TNTELE Share Price Target For 2024
The line chart displays the monthly closing prices of TNTELE 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 TNTELE shares in 2024, see the table below.
TNTELE Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 12.95 (+9.27%) | Price Action: Jun 2005 Low |
| 2024 Target 2 | 12.8 (+8.01%) | Price Action: Mar 2024 High |
| 2024 Target 1 | 12.67 (+6.91%) | Price Action: 17 Dec 2024 Low |
| Current Price | 11.85 | TNTELE's share price as of 26 Dec 2024 |
| Stop Loss 1 | 11.45 (-3.38%) | Price Action: May 2004 High |
| Stop Loss 2 | 11.3 (-4.65%) | Price Action: Jun 2003 Low |
| Stop Loss 3 | 11.18 (-5.66%) | Price Action: 06 Dec 2024 High |
Short-Term Technical Outlook
Current Technical Position: TNTELE is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹11.16 serves as the nearest technical reference point.
Historical Returns: 3-month: +12.96% | 6-month: +14.27% | 1-year: +30.94%
TNTELE Share Price Target For 2025
The line chart displays the monthly closing prices of TNTELE 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 TNTELE shares in 2025, see the table below.
TNTELE Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 17.7 (+49.36%) | Price Action: Chart |
| 2025 Target 2 | 17.37 (+46.58%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 17.1 (+44.3%) | Fibonacci Extension Level 100.00% |
| Current Price | 11.85 | TNTELE's share price as of 26 Dec 2024 |
| Stop Loss 1 | 9.99 (-15.7%) | Price Action: 08 Jul 2024 Low |
| Stop Loss 2 | 9.89 (-16.55%) | Price Action: 25 Oct 2024 High |
| Stop Loss 3 | 9.79 (-17.39%) | Price Action: 12 Jul 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: TNTELE is currently trading at 38.2% of its 52-week range (₹8.6 - ₹17.1).
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +30.94% | 3-year: +9.22% | 5-year: +1,085%
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Approach 2: Machine Learning By Studying Historical Prices
TNTELE Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹11.85 | ||
| 2024 | ₹10.21 | -13.83% | ₹10.36 |
| 2025 | ₹10.62 | +4.01% | ₹10.78 |
| 2026 | ₹10.36 | -2.44% | ₹10.52 |
| 2027 | ₹10.24 | -1.15% | ₹12.54 |
| 2028 | ₹12.84 | +25.39% | ₹13.03 |
| 2029 | ₹11.27 | -12.22% | ₹11.44 |
| 2030 | ₹11.69 | +3.72% | ₹13.15 |
| 2031 | ₹11.39 | -2.56% | ₹13.46 |
| 2032 | ₹11.24 | -1.31% | ₹13.76 |
| 2033 | ₹14.07 | +25.17% | ₹14.28 |
| 2034 | ₹12.32 | -12.43% | ₹12.96 |
| 2035 | ₹12.77 | +3.65% | ₹14.38 |
| 2036 | ₹12.42 | -2.74% | ₹14.68 |
| 2037 | ₹12.24 | -1.44% | ₹14.99 |
| 2038 | ₹15.30 | +25% | ₹15.53 |
| 2039 | ₹12.71 | -16.92% | ₹14.08 |
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.
TNTELE Brief Company Overview
Tamilnadu Telecommunications Limited: A Leading Fiber Optics Manufacturer Established in 1988, Tamilnadu Telecommunications Limited (TTL) has emerged as a prominent manufacturer and supplier of optical fiber cables in India. Key Products and Services: Free duct...
cables Armoured cables Aerial cables Composite cables Ribbon cables Consultancy services Turnkey projects TTL's diverse product range caters to the evolving needs of the telecommunications industry, ensuring reliable and high-speed data transmission. In addition to its strong product portfolio, TTL is recognized for its commitment to quality, innovation, and customer satisfaction.TNTELE Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 44.31 Crore | Market valuation of TNTELE's shares. |
| Net Income (TTM) | -13.34 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Debt-to-Equity (D/E) Ratio |
-0.21 | Company's total debt divided by total shareholder equity. |
| Total Debt | 32.13 Crore | Sum of TNTELE's current & long-term financial obligations. |
| Total Cash | 59.99 Lakh | Total amount of liquid funds available to TNTELE. |
| Beta | -0.04 | Beta is less than 1 indicating that the TNTELE's price is less volatile than the market. |
Is TNTELE A Good Buy For Long Term?
TNTELE, a smallcap stock with a market capitalization of 44.31 Crore, has been experiencing a downturn in the past 3 months, with a return of -31.68%. However, its long-term performance has been impressive, with returns of 54.83% over the past 12 months, 380.00% over the past 3 years, and 433.33% over the past 5 years. Despite its current debt of 32.13 Crore, it has a cash balance of 59.99 Lakh. Considering its strong historical performance and its potential for long-term growth, TNTELE could be an average buy for investors seeking long-term returns.
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.
