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Welcast Steels Share Price Target 2024, 2025, 2026 to 2039 With Charts
Welcast Steels Limited | |||
 | Symbol: ZWELCAST | ||
| Price: ₹1,368.9 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Welcast Steels Financial Performance
- 0.1.1: Is Welcast Steels A Good Buy For Long Term?
- 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: Summary: Welcast Steels Share Price Prediction For 2024
- 1.2: Welcast Steels Share Price Target For 2025
- 1.2.1: Welcast Steels Share Price Target Table For 2025
- 1.2.2: Summary: Welcast Steels Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Welcast Steels Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Welcast Steels Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Welcast Steels Past Performance
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Welcast Steels Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 86.65 Crore | Market valuation of Welcast Steels's shares. |
| Revenue (TTM) | 93.62 Crore | Total revenue generated by Welcast Steels over the past twelve months. |
| Net Income (TTM) | +2.64 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 4.29% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 17.17% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -22.78% | 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.
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.
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Welcast Steels Share Price Target Table For 2024
| Welcast Steels's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 1403.94 (+2.55%) | Technical Indicator: MA50 |
| 2024 Target 2 | 1388.00 (+1.39%) | Price Action: 01 Nov 2024 High |
| 2024 Target 1 | 1368.90 (0%) | Fibonacci Extension Level 199% |
| Current Price | 1368.90 | Welcast Steels's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 1368.90 (0%) | Fibonacci Retracement Extended 82.6% |
| Stop Loss 2 | 1353.55 (-1.13%) | Price Action: 06 Nov 2024 Low |
| Stop Loss 3 | 1340.00 (-2.12%) | Price Action: 05 Nov 2024 Low |
Summary: Welcast Steels Share Price Prediction For 2024
In summary, Welcast Steels has declined by ₹-112.20, recording a notable -7.58% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Welcast Steels for 2024 predicts an additional rise of 0% to 2.55% by the end of 2024 with three potential targets T1: 1368.90, T2: 1388.00, T3: 1403.94. Stop Loss at SL1: 1368.90, SL2: 1353.55, SL3: 1340.00.
Welcast Steels has a 52-week high of ₹1861.84, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1200.00, 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 Welcast Steels.
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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.
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Welcast Steels Share Price Target Table For 2025
| Welcast Steels's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 2069.06 (+51.14%) | Fibonacci Extension Level 123.6% |
| 2025 Target 2 | 2035.45 (+48.69%) | Price Action: Chart |
| 2025 Target 1 | 2015.30 (+47.22%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 1368.90 | Welcast Steels's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 1210.00 (-11.61%) | Price Action: Feb 2018 High |
| Stop Loss 2 | 1197.90 (-12.5%) | Price Action: Chart |
| Stop Loss 3 | 1170.00 (-14.53%) | Price Action: May 2006 High |
Summary: Welcast Steels Share Price Prediction For 2025
In summary, Welcast Steels has declined by ₹-112.20, recording a notable -7.58% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Welcast Steels for 2025 predicts an additional rise of 47.22% to 51.14% by the end of 2025 with three potential targets T1: 2015.30, T2: 2035.45, T3: 2069.06. Stop Loss at SL1: 1210.00, SL2: 1197.90, SL3: 1170.00.
Welcast Steels has a All-Time high of ₹1861.84, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1200.00, 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 Welcast Steels, we have created a specific page for that check here: Welcast Steels Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Welcast Steels Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Welcast Steels share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 6.76% over the next 15 years.
For complete year by year Welcast Steels long term share price target from 2024, 2025 to 2039 check the below table.
Welcast Steels Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Welcast Steels Target | YoY Change % |
|---|---|---|
| 2024 | ₹1,368.9 | [Current Price] |
| 2024 | ₹1,504.9 | 9.93% |
| 2025 | ₹1,657.67 | 10.15% |
| 2026 | ₹1,695.78 | 2.29% |
| 2027 | ₹1,876.57 | 10.66% |
| 2028 | ₹2,194.76 | 16.95% |
| 2029 | ₹2,277.32 | 3.76% |
| 2030 | ₹2,429.29 | 6.67% |
| 2031 | ₹2,417.92 | -0.47% |
| 2032 | ₹2,612.96 | 8.06% |
| 2033 | ₹2,993.35 | 14.55% |
| 2034 | ₹3,049.73 | 1.88% |
| 2035 | ₹3,200.91 | 4.95% |
| 2036 | ₹3,140.05 | -1.91% |
| 2037 | ₹3,349.37 | 6.66% |
| 2038 | ₹3,791.94 | 13.21% |
| 2039 | ₹3,758.6 | -0.88% |
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Welcast Steels Past Performance
- In 2005, Welcast Steels opening price was ₹210
- As of Thu 14 Nov 2024 the price stands at ₹1,368.9.
- This represents a Compound Annual Growth Rate (CAGR) of 9.83%.
- In 19 years, an investment of 10,000 would have become ₹65,185.71.
As we wrap up, we hope you like our study on Welcast Steels 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.
- Welcast Steels Share Price History
- Welcast Steels Price Target Tomorrow
- Welcast Steels Dividend History
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.
