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ZENITHSTL Share Price Target 2024, 2025, 2026 to 2039 With Charts
Zenith Steel Pipes & Industries Limited | |||
 | Symbol: ZENITHSTL | ||
| Price: ₹8.77 | |||
| Exchange: NSE | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: ZENITHSTL Brief Company Overview
- 1.1: Zenith Steel Pipes & Industries Limited: A Comprehensive Overview
- 1.2: ZENITHSTL Financial Performance
- 1.2.1: Is ZENITHSTL A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: ZENITHSTL Share Price Target For 2024
- 2.1.1: ZENITHSTL Share Price Target Table For 2024
- 2.1.2: Summary: ZENITHSTL Share Price Prediction For 2024
- 2.2: ZENITHSTL Share Price Target For 2025
- 2.2.1: ZENITHSTL Share Price Target Table For 2025
- 2.2.2: Summary: ZENITHSTL Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: ZENITHSTL Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: ZENITHSTL Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: ZENITHSTL Past Performance
ZENITHSTL Brief Company Overview
Zenith Steel Pipes & Industries Limited: A Comprehensive Overview
Zenith Steel Pipes & Industries Limited, established in 1960, is a renowned manufacturer and distributor of steel pipes in India and globally. With a diverse product portfolio, the company caters to various industries, including agriculture, construction, and engineering.
Key Products and Services- Electric resistance welded black, galvanized, and helical submerged arc welded pipes
- Square and rectangular hollow sections
Zenith Steel's products are widely used in water distribution, firefighting, scaffolding, structural engineering, and transportation.
Over the years, the company has gained a strong reputation in the industry, known for its commitment to quality and customer satisfaction.
ZENITHSTL Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 111.68 Crore | Market valuation of ZENITHSTL's shares. |
| Revenue (TTM) | 130.7 Crore | Total revenue generated by ZENITHSTL over the past twelve months. |
| Net Income (TTM) | -9.44 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -5.18% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -7.91% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +84.2% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | -0.83 | Company's total debt divided by total shareholder equity. |
| Total Debt | 220.09 Crore | Sum of ZENITHSTL's current & long-term financial obligations. |
| Total Cash | 8.98 Crore | Total amount of liquid funds available to ZENITHSTL. |
| Beta | 0.03 | Beta is less than 1 indicating that the ZENITHSTL's price is less volatile than the market. |
Is ZENITHSTL A Good Buy For Long Term?
Despite strong historical returns, ZENITHSTL's financial performance is concerning due to its significant debt and negative profit margin. While revenue growth is positive, the company's profitability remains a major issue. Given these factors, it may not be a suitable long-term investment at this time.
To predict the ZENITHSTL'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
ZENITHSTL Share Price Target For 2024
The line chart displays the monthly closing prices of ZENITHSTL 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 ZENITHSTL shares in 2024, see the table below.
ZENITHSTL Share Price Target Table For 2024
| ZENITHSTL's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 9.13 (+4.1%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 2 | 9.00 (+2.62%) | Price Action: 13 Nov 2024 High |
| 2024 Target 1 | 8.90 (+1.48%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 8.77 | ZENITHSTL's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 8.72 (-0.58%) | Price Action: 11 Nov 2024 Low |
| Stop Loss 2 | 8.62 (-1.72%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 3 | 8.45 (-3.65%) | Fibonacci Retracement Extended 28.2% |
Summary: ZENITHSTL Share Price Prediction For 2024
In summary, ZENITHSTL has surged by ₹0.92, achieving a notable +11.72% increase from 1st January 2024 to 21 Nov 2024. Our analysis of ZENITHSTL for 2024 predicts an additional rise of 1.48% to 4.1% by the end of 2024 with three potential targets T1: 8.90, T2: 9.00, T3: 9.13. Stop Loss at SL1: 8.72, SL2: 8.62, SL3: 8.45.
ZENITHSTL has a 52-week high of ₹15.45, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹5.55, 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 ZENITHSTL.
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ZENITHSTL Share Price Target For 2025
The line chart displays the monthly closing prices of ZENITHSTL 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 ZENITHSTL shares in 2025, see the table below.
ZENITHSTL Share Price Target Table For 2025
| ZENITHSTL's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 13.52 (+54.16%) | Price Action: Chart |
| 2025 Target 2 | 13.27 (+51.31%) | Price Action: Chart |
| 2025 Target 1 | 13.14 (+49.82%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 8.77 | ZENITHSTL's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 7.70 (-12.21%) | Price Action: Jan 2024 High |
| Stop Loss 2 | 7.55 (-13.92%) | Price Action: May 2024 Low |
| Stop Loss 3 | 7.41 (-15.51%) | Price Action: Chart |
Summary: ZENITHSTL Share Price Prediction For 2025
In summary, ZENITHSTL has surged by ₹0.92, achieving a notable +11.72% increase from 1st January 2024 to 21 Nov 2024. Our analysis of ZENITHSTL for 2025 predicts an additional rise of 49.82% to 54.16% by the end of 2025 with three potential targets T1: 13.14, T2: 13.27, T3: 13.52. Stop Loss at SL1: 7.70, SL2: 7.55, SL3: 7.41.
ZENITHSTL has a All-Time high of ₹15.45, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹5.55, 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 ZENITHSTL, we have created a specific page for that check here: ZENITHSTL Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
ZENITHSTL Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of ZENITHSTL share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -2.9% over the next 15 years.
For complete year by year ZENITHSTL long term share price target from 2024, 2025 to 2039 check the below table.
ZENITHSTL Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | ZENITHSTL Target | YoY Change % |
|---|---|---|
| 2024 | ₹8.77 | [Current Price] |
| 2024 | ₹10.13 | 15.5% |
| 2025 | ₹9.83 | -2.97% |
| 2026 | ₹8.76 | -10.89% |
| 2027 | ₹9.43 | 7.64% |
| 2028 | ₹8.86 | -5.94% |
| 2029 | ₹9.16 | 3.26% |
| 2030 | ₹8.88 | -3.06% |
| 2031 | ₹7.89 | -11.15% |
| 2032 | ₹8.48 | 7.47% |
| 2033 | ₹7.96 | -6.14% |
| 2034 | ₹8.19 | 3.01% |
| 2035 | ₹7.93 | -3.3% |
| 2036 | ₹7.02 | -11.48% |
| 2037 | ₹7.53 | 7.26% |
| 2038 | ₹7.04 | -6.51% |
| 2039 | ₹6.71 | -4.69% |
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ZENITHSTL Past Performance
- In 2012, ZENITHSTL opening price was ₹4.15
- As of Thu 21 Nov 2024 the price stands at ₹8.77.
- This represents a Compound Annual Growth Rate (CAGR) of 5.92%.
- In 12 years, an investment of 10,000 would have become ₹21,132.53.
As we wrap up, we hope you like our study on ZENITHSTL 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.
