Welcast Steels (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Welcast Steels Limited |
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Price: ₹1,343.50 | ||
| 52 Week Low: ₹1,200.00 52 Week High: ₹1,861.85 |
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| Market Capital: 82.98 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Welcast Steels Share Price Target For 2024
- 1.1.1: Welcast Steels Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Welcast Steels Share Price Target For 2025
- 1.2.1: Welcast Steels Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Welcast Steels Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Welcast Steels Financial Performance
- 3.0.1: Is Welcast Steels A Good Buy For Long Term?
To predict the Welcast Steels'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
Welcast Steels Share Price Target For 2024
The line chart displays the monthly closing prices of Welcast Steels 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 Welcast Steels shares in 2024, see the table below.
Welcast Steels Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 1384.67 (+3.06%) | Price Action: Jul 2024 Low |
| 2024 Target 2 | 1368.9 (+1.89%) | Price Action: 04 Oct 2024 High |
| 2024 Target 1 | 1355.1 (+0.86%) | Price Action: 10 Dec 2024 Low |
| Current Price | 1343.50 | Welcast Steels's share price as of 26 Dec 2024 |
| Stop Loss 1 | 1338.0 (-0.41%) | Price Action: 07 Oct 2024 High |
| Stop Loss 2 | 1323.05 (-1.53%) | Price Action: 21 May 2024 Low |
| Stop Loss 3 | 1308.95 (-2.58%) | Price Action: 22 May 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Welcast Steels is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹1361.62 serves as the nearest technical reference point.
Historical Returns: 3-month: +0.31% | 6-month: -6.52% | 1-year: -9.14%
Welcast Steels Share Price Target For 2025
The line chart displays the monthly closing prices of Welcast Steels 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 Welcast Steels shares in 2025, see the table below.
Welcast Steels Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1800.0 (+33.97%) | Price Action: 02 May 2024 High |
| 2025 Target 2 | 1771.01 (+31.82%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 1749.0 (+30.18%) | Price Action: 26 Jul 2024 High |
| Current Price | 1343.50 | Welcast Steels's share price as of 26 Dec 2024 |
| Stop Loss 1 | 1244.82 (-7.35%) | Price Action: Oct 2007 High |
| Stop Loss 2 | 1225.1 (-8.82%) | Price Action: 08 Oct 2024 Low |
| Stop Loss 3 | 1209.22 (-10%) | Fibonacci Retracement Level 98.60% |
Long-Term Technical Outlook
52-Week Range Analysis: Welcast Steels is currently trading near its 52-week low of ₹1200, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -9.14% | 3-year: +264.75% | 5-year: +210.26%
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Approach 2: Machine Learning By Studying Historical Prices
Welcast Steels Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹1,343.50 | ||
| 2024 | ₹1,506.71 | +12.14% | ₹1,529.31 |
| 2025 | ₹1,661.30 | +10.26% | ₹1,742.01 |
| 2026 | ₹1,700.87 | +2.38% | ₹1,965.96 |
| 2027 | ₹1,883.49 | +10.73% | ₹2,189.90 |
| 2028 | ₹2,204.14 | +17.02% | ₹2,413.85 |
| 2029 | ₹2,288.20 | +3.81% | ₹2,322.52 |
| 2030 | ₹2,441.98 | +6.72% | ₹2,637.80 |
| 2031 | ₹2,431.49 | -0.42% | ₹2,861.74 |
| 2032 | ₹2,628.54 | +8.1% | ₹3,085.69 |
| 2033 | ₹3,012.11 | +14.59% | ₹3,309.64 |
| 2034 | ₹3,069.70 | +1.91% | ₹3,115.75 |
| 2035 | ₹3,222.66 | +4.98% | ₹3,533.58 |
| 2036 | ₹3,162.10 | -1.87% | ₹3,757.53 |
| 2037 | ₹3,373.59 | +6.68% | ₹3,981.48 |
| 2038 | ₹3,820.08 | +13.23% | ₹4,205.42 |
| 2039 | ₹3,787.10 | -0.86% | ₹3,843.91 |
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.
Welcast Steels Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 82.98 Crore | Market valuation of Welcast Steels's shares. |
| Revenue (TTM) | 90.89 Crore | Total revenue generated by Welcast Steels over the past twelve months. |
| Net Income (TTM) | +5.24 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +7.82% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +41.18% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+27.94% | Change in revenue compared to the previous quarter. |
Is Welcast Steels A Good Buy For Long Term?
Welcast Steels, a small-cap stock with a market cap of INR 82.98 crores, has shown consistent growth in both revenue and profitability over the past year, with a revenue of INR 90.89 crores and a net profit of INR 5.24 crores. Its strong profit margin of 41.18% and impressive past returns, including an 85.66% return over the past 12 months, indicate its potential for long-term growth. While its recent performance has been slightly negative, its long-term returns suggest that it could be a good buy for investors seeking long-term capital appreciation.
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.
