Alicon Castalloy Limited
Share Price Target & Analysis
NSE:ALICON
VWAP
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52 Week High
-25.70 (-2.25%)
ALICON
(INDUSTRIAL MANUFACTURING)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Gold
Valuation
#Analysis
NSE: ALICON Share Price Financial Analysis & Valuation
Alicon Castalloy Limited (ALICON) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Castings & Forgings vertical.
It is one of Small Cap company with Market Capitalization of Rs 1262.3 (in Cr). Total number of free float shares are 1.4 (in Lacs).
Alicon Castalloy Limited is listed on NSE with Exchange ID - INE062D01024 and trading code is NSE:ALICON with short name Alicon Castallo.
In the past 1 year, Alicon Castalloy Limited has declared an equity dividend of Rs 2.25 per share. At the current share price of ALICON at Rs 1114.60, this results in a dividend yield of 0.2 %.
As per the Fundamental Analysis of NSE:ALICON, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine ALICON underlying value and future prospects. All of this data is available in ALICON financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:ALICON, it is clearly understood that ALICON is Economical performer in terms of earnings and profit margins with an EPS of 33.95. NSE:ALICON book value per share as of today is 319.41. The current price to book ratio for ALICON as of Nov 23, 2024 is 3.49.
Valuation of the Stock: The current valuation of ALICON stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ALICON whether to BUY this stock at current valuation. The delivery percentage of ALICON is 55.79% is very crucial parameter which shows that 55.79% investors are anticipating that the price of ALICON share should go up with VWAP at 1131.28.
Now, the main question is whether to BUY or SELL, NSE:ALICON at current valuation.
As per latest Analysis No. #683:-
⇑ STRONG BUY ALICON if All Greens
⇗ BUY ALICON (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD ALICON (With Stop Loss) if only 1 Green
⇘ SELL ALICON if NO Green Indicator
NSE: ALICON Share Price Today (Nov 23, 2024)
(Alicon Castalloy Limited Daily Analysis on the basis of ALICON Intraday Graph & Trend)
Alicon Castalloy Limited share price moved Down by -2.25% from its previous close of Rs 1140.3. ALICON stock last traded price is 1114.60. ALICON share price trend is Down with a total of 24872 stocks traded till now. It has touched an intraday high of Rs 1169.95 and an intraday low of Rs 1105.5. The ALICON trading at 1114.60, Down by Rs. -25.70, or -2.25 percent which suggests that most of the Traders are anticipating that the price of ALICON share should go Down.
NSE: ALICON Share Price Tomorrow Prediction
(Alicon Castalloy Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ALICON)
Alicon Castalloy Limited share price moved Down by -2.25%. ALICON share price short term trend is Down. It suggests that ALICON Share Price for Tomorrow remains the same with VWAP at 1131.28 will be treated as stop loss for intraday traders. Alicon Castalloy Limited Long term investors can follow the ALICON long term trend as mentiond in future forecast table.
NSE Code |
NSE: ALICON |
ALICON Share Price Today |
1114.60 |
ALICON Share Price Target Prediction for 2024 ^ |
813.1 - 1231.1 |
ALICON Share Price Target Prediction for 2025*^ |
1231.1 - 1650.8 |
ALICON Share Price Target Prediction for 2026*^ |
1650.8 - 1766.4 |
ALICON Share Price Target Prediction for 2027*^ |
1855 |
ALICON Share Price Target Prediction for 2028*^ |
1908 |
ALICON Share Price Target Prediction for 2030*^ |
2079 |
ALICON Current Book Value 2023 |
317.8 |
*Alicon Castalloy Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^ALICON share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
ALICON Technical Analysis
Candlestick Pattern: @1206.45MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 1233.32 | SELL | 1229.73 | SELL |
MA_12 | 1262.9 | SELL | 1252.26 | SELL |
MA_20 | 1252.85 | SELL | 1263.09 | SELL |
MA_32 | 1277.85 | SELL | 1282.41 | SELL |
MA_50 | 1327.57 | SELL | 1293.1 | SELL |
MA_100 | 1323.95 | SELL | 1278.25 | SELL |
MA_200 | 1137.5 | BUY | 1176.82 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 1252.85 | Downtrend |
MACD | -2.7 | SELL |
ADX | 17.76 | NO or Weak Trend |
DMI (+/-) | 16.01 / 22.54 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 39.94 | Neutral |
STOCHASTIC_K (Fast) | 10.2 | Oversold |
STOCHASTIC_D (Slow) | 7.1 | Oversold |
CCI | -99.27 | Neutral |
PSAR | 1356.58 | SELL |
TRUE RANGE | 40.6 | BUY |
ATR | 55.39 | BUY |
WILLIAMS R | -85.42 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 5.88 | Oversold |
STOCHASTIC RSI D | 1.96 | Oversold |
MOMENTUM | -104.75 | SELL |
Duration | Value |
---|---|
1 Year | 43.69% |
3 Months | -3.9% |
1 Month | -7.99% |
1 Week | -7.76% |
Action | Overall (%) |
---|---|
BUY | 13% |
NEUTRAL / HOLD | 13% |
SELL | 73% |
Most popular Questions & Answers about ALICON
Alicon Castalloy Limited stock last traded price is 1114.60. ALICON share price moved Down by -2.25% from its previous close of Rs 1140.3.
Alicon Castalloy Limited share price trend is Down with a total of 24872 stocks traded till now. It has touched an intraday high of Rs 1557.319 and an intraday low of Rs 1105.5. The ALICON trading at 1114.60, Down by Rs. -25.70, or -2.25 percent which suggests that most of the Traders are anticipating that the price of ALICON share should go Down and the Stop Loss will be around 1131.28.
The market cap of Alicon Castalloy Limited is ₹1262.3 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Alicon Castalloy Limited as of Nov 22, 2024 is 23.15.
The current price to book ratio for Alicon Castalloy Limited as of Nov 22, 2024 is 3.49.
The highest price of Alicon Castalloy Limited stock is ₹1541.9 in the last 52-week.
The lowest price of Alicon Castalloy Limited stock is ₹775.55 in the last 52-week.
Alicon Castalloy Limited share trading at ₹1114.60, Down by Rs. -25.70, or -2.25 percent which suggests that most of the traders are anticipating that the price of ALICON share should go Down.
In 2023, Stock price target for Alicon Castalloy Limited (ALICON) are ₹813.1 on downside and ₹1231.1 on upside. Alicon Castalloy Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Alicon Castalloy Limited (ALICON) are ₹1231.1 on downside and ₹1650.8 on upside. Alicon Castalloy Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Alicon Castalloy Limited (ALICON) are ₹1650.8 on downside and ₹1766.4 on upside. Alicon Castalloy Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Alicon Castalloy Limited (ALICON) will be around ₹1908 Alicon Castalloy Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ALICON.
The price of Alicon Castalloy Limited (ALICON) shares moved by -2.25%. The short-term trend for ALICON share price is Down. It implies that the share price of ALICON will stay the same tomorrow and that intraday traders should treat VWAP at 1131.28 as a stop loss. Investors with a long-term outlook can track ALICON long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of ALICON stock is 407.1. Compared to the current market price of 1114.60 INR, the ALICON stock is Overvalued by 63.5%.
As per the fundamental analysis of Alicon Castalloy Limited (ALICON), it is of Economical quality in terms of earnings and profit margins with an EPS of 33.95. Alicon Castalloy Limited book value per share as of today is 319.41. The current price to book ratio for ALICON as of Nov 23, 2024 is 3.49.
NSE:ALICON News & Other Useful Information about ALICON Share Price
Peer Comparison of NSE: ALICON
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Castings & Forgings
Company | Price | EPS | BV |
---|---|---|---|
STEELCAS | 762.05 | 30.81 | 133.21 |
BHARATFORG | 1316.15 | 30.03 | 184.04 |
SGIL | 373.80 | 8.35 | 59.59 |
AIAENG | 3414.95 | 116.66 | 691.77 |
RKFORGE | 963.50 | 23.53 | 147.84 |
JAYNECOIND | 39.88 | 0.26 | 23.24 |
ELECTCAST | 144.93 | 13.5 | 80.75 |
MMFL | 458.70 | 30.03 | 169.08 |
ALICON | 1114.60 | 33.95 | 319.41 |
NELCAST | 110.81 | 5.56 | 59.68 |