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Birla Cable Limited
Share Price Target & Analysis

NSE:BIRLACABLE

238.37

VWAP

0

Open

239.15

Close

242.40

High

234.95

Low

429.70

52 Week High

238.75 ⇩
-0.35 (-0.15%)

BIRLACABLE

(TELECOM)
31.4% Momentum

Turnaround Potential

151.30

52 Week Low

7.5

EPS

20.36

PE

2.84

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: BIRLACABLE Share Price Financial Analysis & Valuation

Birla Cable Limited (BIRLACABLE) 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 286.3 (in Cr). Total number of free float shares are 3 (in Lacs). Birla Cable Limited is listed on NSE with Exchange ID - INE800A01015 and trading code is NSE:BIRLACABLE with short name Birla Cable.

In the past 1 year, Birla Cable Limited has declared an equity dividend of Rs 1.5 per share. At the current share price of BIRLACABLE at Rs 238.75, this results in a dividend yield of 0.63 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:BIRLACABLE, it is clearly understood that BIRLACABLE is Economical performer in terms of earnings and profit margins with an EPS of 7.5. NSE:BIRLACABLE book value per share as of today is 83.97. The current price to book ratio for BIRLACABLE as of May 18, 2024 is 2.84.

Valuation of the Stock: The current valuation of BIRLACABLE 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 BIRLACABLE whether to BUY this stock at current valuation. The delivery percentage of BIRLACABLE is 40.35% is very crucial parameter which shows that 40.35% investors are anticipating that the price of BIRLACABLE share should go up with VWAP at 238.37.

Now, the main question is whether to BUY or SELL, NSE:BIRLACABLE at current valuation.
As per latest Analysis No. #1051:-

⇑ STRONG BUY BIRLACABLE if All Greens

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

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

⇘ SELL BIRLACABLE if NO Green Indicator

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

(Birla Cable Limited Daily Analysis on the basis of BIRLACABLE Intraday Graph & Trend)

Birla Cable Limited share price moved Down by -0.15% from its previous close of Rs 239.15. BIRLACABLE stock last traded price is 238.75. BIRLACABLE share price trend is Down with a total of 0 stocks traded till now. It has touched an intraday high of Rs 242.40 and an intraday low of Rs 234.95. The BIRLACABLE trading at 238.75, Down by Rs. -0.35, or -0.15 percent which suggests that most of the Traders are anticipating that the price of BIRLACABLE share should go Down.

NSE: BIRLACABLE Share Price Tomorrow Prediction

(Birla Cable Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of BIRLACABLE)

Birla Cable Limited share price moved Down by -0.15%. BIRLACABLE share price short term trend is Down. It suggests that BIRLACABLE Share Price for Tomorrow remains the same with VWAP at 238.37 will be treated as stop loss for intraday traders. Birla Cable Limited Long term investors can follow the BIRLACABLE long term trend as mentiond in future forecast table.

NSE Code

NSE: BIRLACABLE

BIRLACABLE Share Price Today

 238.75

BIRLACABLE Share Price Target Prediction for 2024 ^

 158.6 - 309.1

BIRLACABLE Share Price Target Prediction for 2025*^

 309.1 - 460

BIRLACABLE Share Price Target Prediction for 2026*^

 460 - 492.2

BIRLACABLE Share Price Target Prediction for 2027*^

 517

BIRLACABLE Share Price Target Prediction for 2028*^

 532

BIRLACABLE Share Price Target Prediction for 2030*^

 579
BIRLACABLE Current Book Value 2023
83.6

*Birla Cable Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^BIRLACABLE 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.

BIRLACABLE Technical Analysis

Candlestick Pattern: @239.75

BIRLACABLE Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 244.06 SELL 244.46 SELL
MA_12 258.03 SELL 253.06 SELL
MA_20 261.71 SELL 255.79 SELL
MA_32 256.68 SELL 258.49 SELL
MA_50 256.35 SELL 261.32 SELL
MA_100 270.69 SELL 266.12 SELL
MA_200 280.82 SELL 257.85 SELL

BIRLACABLE Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 261.71 Downtrend
MACD -3.58 SELL
ADX 16.59 NO or Weak Trend
DMI (+/-) 13.61 / 23.89 Downtrend

BIRLACABLE Momentum Oscillators

BUY (0) NEUTRAL (6) SELL (6)
Momentum Oscillators Value Action
RSI 38.26 Neutral
STOCHASTIC_K (Fast) 21.24 Neutral
STOCHASTIC_D (Slow) 19.86 Oversold
CCI -106.52 SELL
PSAR 273.46 SELL
TRUE RANGE 9.3 Neutral
ATR 12.94 Neutral
WILLIAMS R -87.58 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 20.49 Neutral
STOCHASTIC RSI D 15.07 Oversold
MOMENTUM -22.45 SELL

BIRLACABLE Last 1 Year Trend

Duration Value
1 Year 57.83%
3 Months -27.73%
1 Month -8.56%
1 Week -6.37%

BIRLACABLE Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 23%
SELL 77%

Most popular Questions & Answers about BIRLACABLE


Birla Cable Limited stock last traded price is 238.75. BIRLACABLE share price moved Down by -0.15% from its previous close of Rs 239.15.

Birla Cable Limited share price trend is Down with a total of 0 stocks traded till now. It has touched an intraday high of Rs 433.997 and an intraday low of Rs 234.95. The BIRLACABLE trading at 238.75, Down by Rs. -0.35, or -0.15 percent which suggests that most of the Traders are anticipating that the price of BIRLACABLE share should go Down and the Stop Loss will be around 238.37.

The market cap of Birla Cable Limited is ₹286.3 (in Cr) as of May 17, 2024.

The current price to earning ratio for Birla Cable Limited as of May 17, 2024 is 20.36.

The current price to book ratio for Birla Cable Limited as of May 17, 2024 is 2.84.

The highest price of Birla Cable Limited stock is ₹429.70 in the last 52-week.

The lowest price of Birla Cable Limited stock is ₹151.30 in the last 52-week.

Birla Cable Limited share trading at ₹238.75, Down by Rs. -0.35, or -0.15 percent which suggests that most of the traders are anticipating that the price of BIRLACABLE share should go Down.

In 2023, Stock price target for Birla Cable Limited (BIRLACABLE) are ₹158.6 on downside and ₹309.1 on upside. Birla Cable Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Birla Cable Limited (BIRLACABLE) are ₹309.1 on downside and ₹460 on upside. Birla Cable Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Birla Cable Limited (BIRLACABLE) are ₹460 on downside and ₹492.2 on upside. Birla Cable 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 Birla Cable Limited (BIRLACABLE) will be around ₹532 Birla Cable Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of BIRLACABLE.

As per the fundamental analysis of Birla Cable Limited (BIRLACABLE), it is of Economical quality in terms of earnings and profit margins with an EPS of 7.5. Birla Cable Limited book value per share as of today is 83.97. The current price to book ratio for BIRLACABLE as of May 18, 2024 is 2.84.


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


Peer Comparison of NSE: BIRLACABLE

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 238.75 7.5 83.97
PARACABLES 72.90 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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