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Bhagyanagar India Limited
Share Price Target & Analysis

NSE:BHAGYANGR

114.29

VWAP

113.00

Open

112.1

Close

114.90

High

113.00

Low

125.95

52 Week High

113.70 ⇧
1.45 (1.29%)

BHAGYANGR

(TELECOM)
84.5% Momentum

Trending & Favourite

47.00

52 Week Low

13.29

EPS

124.40

PE

2.7

PB

Deluxe
Quality

Steel
Valuation

#Analysis

NSE: BHAGYANGR Share Price Financial Analysis & Valuation

Bhagyanagar India Limited (BHAGYANGR) is broadly categorized in TELECOM segment industry which deals in Cables - Telephone vertical. It is one of Micro Cap company with Market Capitalization of Rs 156.1 (in Cr). Total number of free float shares are 3.2 (in Lacs). Bhagyanagar India Limited is listed on NSE with Exchange ID - INE458B01036 and trading code is NSE:BHAGYANGR with short name Bhagyanagar Ind.

In the past 1 year, Bhagyanagar India Limited has declared an equity dividend of Rs 0 per share. At the current share price of BHAGYANGR at Rs 113.70, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:BHAGYANGR, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine BHAGYANGR underlying value and future prospects. All of this data is available in BHAGYANGR financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:BHAGYANGR, it is clearly understood that BHAGYANGR is Deluxe performer in terms of earnings and profit margins with an EPS of 13.29. NSE:BHAGYANGR book value per share as of today is 42.12. The current price to book ratio for BHAGYANGR as of May 18, 2024 is 2.7.

Valuation of the Stock: The current valuation of BHAGYANGR stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of BHAGYANGR whether to BUY this stock at current valuation. The delivery percentage of BHAGYANGR is 64.56% is very crucial parameter which shows that 64.56% investors are anticipating that the price of BHAGYANGR share should go up with VWAP at 114.29.

Now, the main question is whether to BUY or SELL, NSE:BHAGYANGR at current valuation.
As per latest Analysis No. #1266:-

⇑ STRONG BUY BHAGYANGR if All Greens

⇗ BUY BHAGYANGR (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD BHAGYANGR (With Stop Loss) if only 1 Green

⇘ SELL BHAGYANGR if NO Green Indicator

NSE: BHAGYANGR Share Price Today (May 18, 2024)

(Bhagyanagar India Limited Daily Analysis on the basis of BHAGYANGR Intraday Graph & Trend)

Bhagyanagar India Limited share price moved Up by 1.29% from its previous close of Rs 112.1. BHAGYANGR stock last traded price is 113.70. BHAGYANGR share price trend is Up with a total of 5520 stocks traded till now. It has touched an intraday high of Rs 114.90 and an intraday low of Rs 113.00. The BHAGYANGR trading at 113.70, Up by Rs. 1.45, or 1.29 percent which suggests that most of the Traders are anticipating that the price of BHAGYANGR share should go Up.

NSE: BHAGYANGR Share Price Tomorrow Prediction

(Bhagyanagar India Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of BHAGYANGR)

Bhagyanagar India Limited share price moved Up by 1.29%. BHAGYANGR share price short term trend is Up. It suggests that BHAGYANGR Share Price for Tomorrow remains the same with VWAP at 114.29 will be treated as stop loss for intraday traders. Bhagyanagar India Limited Long term investors can follow the BHAGYANGR long term trend as mentiond in future forecast table.

NSE Code

NSE: BHAGYANGR

BHAGYANGR Share Price Today

 113.70

BHAGYANGR Share Price Target Prediction for 2024 ^

 83.1 - 126.1

BHAGYANGR Share Price Target Prediction for 2025*^

 126.1 - 134.3

BHAGYANGR Share Price Target Prediction for 2026*^

 134.3 - 143.7

BHAGYANGR Share Price Target Prediction for 2027*^

 151

BHAGYANGR Share Price Target Prediction for 2028*^

 155

BHAGYANGR Share Price Target Prediction for 2030*^

 169
BHAGYANGR Current Book Value 2023
41.9

*Bhagyanagar India Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^BHAGYANGR 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.

BHAGYANGR Technical Analysis

Candlestick Pattern: @114.7

BHAGYANGR Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 114.66 BUY 114.2 BUY
MA_12 112.86 BUY 113.43 BUY
MA_20 114.2 BUY 112.4 BUY
MA_32 109.72 BUY 109.68 BUY
MA_50 103.25 BUY 106.85 BUY
MA_100 102.01 BUY 100.86 BUY
MA_200 83.86 BUY 87.13 BUY

BHAGYANGR Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 114.2 Uptrend
MACD -0.57 SELL
ADX 24.86 NO or Weak Trend
DMI (+/-) 21.18 / 11.88 Uptrend

BHAGYANGR Momentum Oscillators

BUY (1) NEUTRAL (10) SELL (1)
Momentum Oscillators Value Action
RSI 55.78 Neutral
STOCHASTIC_K (Fast) 52.24 Neutral
STOCHASTIC_D (Slow) 60.75 Neutral
CCI 70.42 Neutral
PSAR 106.98 BUY
TRUE RANGE 3.9 Neutral
ATR 6.4 Neutral
WILLIAMS R -38.41 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 32.27 Neutral
STOCHASTIC RSI D 47.4 Neutral
MOMENTUM -7.4 SELL

BHAGYANGR Last 1 Year Trend

Duration Value
1 Year 149.35%
3 Months 5.28%
1 Month -6.06%
1 Week 4.65%

BHAGYANGR Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 57%
NEUTRAL / HOLD 37%
SELL 7%

Most popular Questions & Answers about BHAGYANGR


Bhagyanagar India Limited stock last traded price is 113.70. BHAGYANGR share price moved Up by 1.29% from its previous close of Rs 112.1.

Bhagyanagar India Limited share price trend is Up with a total of 5520 stocks traded till now. It has touched an intraday high of Rs 126.73225 and an intraday low of Rs 113.00. The BHAGYANGR trading at 113.70, Up by Rs. 1.45, or 1.29 percent which suggests that most of the Traders are anticipating that the price of BHAGYANGR share should go Up and the Stop Loss will be around 114.29.

The market cap of Bhagyanagar India Limited is ₹156.1 (in Cr) as of May 17, 2024.

The current price to earning ratio for Bhagyanagar India Limited as of May 17, 2024 is 124.40.

The current price to book ratio for Bhagyanagar India Limited as of May 17, 2024 is 2.7.

The highest price of Bhagyanagar India Limited stock is ₹125.95 in the last 52-week.

The lowest price of Bhagyanagar India Limited stock is ₹47.00 in the last 52-week.

Bhagyanagar India Limited share trading at ₹113.70, Up by Rs. 1.45, or 1.29 percent which suggests that most of the traders are anticipating that the price of BHAGYANGR share should go Up.

In 2023, Stock price target for Bhagyanagar India Limited (BHAGYANGR) are ₹83.1 on downside and ₹126.1 on upside. Bhagyanagar India Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Bhagyanagar India Limited (BHAGYANGR) are ₹126.1 on downside and ₹134.3 on upside. Bhagyanagar India Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Bhagyanagar India Limited (BHAGYANGR) are ₹134.3 on downside and ₹143.7 on upside. Bhagyanagar India 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 Bhagyanagar India Limited (BHAGYANGR) will be around ₹155 Bhagyanagar India Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of BHAGYANGR.

As per the fundamental analysis of Bhagyanagar India Limited (BHAGYANGR), it is of Deluxe quality in terms of earnings and profit margins with an EPS of 13.29. Bhagyanagar India Limited book value per share as of today is 42.12. The current price to book ratio for BHAGYANGR as of May 18, 2024 is 2.7.


NSE:BHAGYANGR News & Other Useful Information about BHAGYANGR Share Price


Peer Comparison of NSE: BHAGYANGR

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Cables - Telephone

Company Price EPS BV
STLTECH 127.85 0 39
FINCABLES 1055.40 36.61 242.56
VINDHYATEL 2520.10 151.41 959.2
BIRLACABLE 239.10 7.5 83.97
PARACABLES 72.10 2.3 10.44
SURANAT&P 16.30 0.07 8.79
AKSHOPTFBR 8.95 0.39 18.44
BHAGYANGR 113.70 13.29 42.12
CMICABLES 5.25 0 -79.26
TNTELE 10.00 0 -32.61
Updated at: 17 May 2024 15:57

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