Cords Cable Industries Limited
Share Price Target & Analysis
NSE:CORDSCABLE
VWAP
Open
Close
High
Low
52 Week High
2.92 (1.55%)
CORDSCABLE
(POWER)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Silver
Valuation
#Analysis
NSE: CORDSCABLE Share Price Financial Analysis & Valuation
Cords Cable Industries Limited (CORDSCABLE) is broadly categorized in POWER segment industry which deals in Cables - Power & Others vertical.
It is one of Micro Cap company with Market Capitalization of Rs 77.4 (in Cr). Total number of free float shares are 1.3 (in Lacs).
Cords Cable Industries Limited is listed on NSE with Exchange ID - INE792I01017 and trading code is NSE:CORDSCABLE with short name Cords Cable Ind.
In the past 1 year, Cords Cable Industries Limited has declared an equity dividend of Rs 0 per share. At the current share price of CORDSCABLE at Rs 191.81, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:CORDSCABLE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine CORDSCABLE underlying value and future prospects. All of this data is available in CORDSCABLE financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:CORDSCABLE, it is clearly understood that CORDSCABLE is Economical performer in terms of earnings and profit margins with an EPS of 9.04. NSE:CORDSCABLE book value per share as of today is 130.91. The current price to book ratio for CORDSCABLE as of Nov 23, 2024 is 1.47.
Valuation of the Stock: The current valuation of CORDSCABLE stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of CORDSCABLE whether to BUY this stock at current valuation. The delivery percentage of CORDSCABLE is 52.43% is very crucial parameter which shows that 52.43% investors are anticipating that the price of CORDSCABLE share should go up with VWAP at 190.3.
Now, the main question is whether to BUY or SELL, NSE:CORDSCABLE at current valuation.
As per latest Analysis No. #877:-
⇑ STRONG BUY CORDSCABLE if All Greens
⇗ BUY CORDSCABLE (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD CORDSCABLE (With Stop Loss) if only 1 Green
⇘ SELL CORDSCABLE if NO Green Indicator
NSE: CORDSCABLE Share Price Today (Nov 23, 2024)
(Cords Cable Industries Limited Daily Analysis on the basis of CORDSCABLE Intraday Graph & Trend)
Cords Cable Industries Limited share price moved Up by 1.55% from its previous close of Rs 188.89. CORDSCABLE stock last traded price is 191.81. CORDSCABLE share price trend is Up with a total of 17270 stocks traded till now. It has touched an intraday high of Rs 192.9 and an intraday low of Rs 188.11. The CORDSCABLE trading at 191.81, Up by Rs. 2.92, or 1.55 percent which suggests that most of the Traders are anticipating that the price of CORDSCABLE share should go Up.
NSE: CORDSCABLE Share Price Tomorrow Prediction
(Cords Cable Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of CORDSCABLE)
Cords Cable Industries Limited share price moved Up by 1.55%. CORDSCABLE share price short term trend is Up. It suggests that CORDSCABLE Share Price for Tomorrow remains the same with VWAP at 190.3 will be treated as stop loss for intraday traders. Cords Cable Industries Limited Long term investors can follow the CORDSCABLE long term trend as mentiond in future forecast table.
NSE Code |
NSE: CORDSCABLE |
CORDSCABLE Share Price Today |
191.81 |
CORDSCABLE Share Price Target Prediction for 2024 ^ |
183.9 - 279.4 |
CORDSCABLE Share Price Target Prediction for 2025*^ |
279.4 - 297.6 |
CORDSCABLE Share Price Target Prediction for 2026*^ |
297.6 - 318.4 |
CORDSCABLE Share Price Target Prediction for 2027*^ |
334 |
CORDSCABLE Share Price Target Prediction for 2028*^ |
344 |
CORDSCABLE Share Price Target Prediction for 2030*^ |
375 |
CORDSCABLE Current Book Value 2023 |
130.3 |
*Cords Cable Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^CORDSCABLE 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.
CORDSCABLE Technical Analysis
Candlestick Pattern: @187.72MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 198.03 | SELL | 195.9 | SELL |
MA_12 | 205.82 | SELL | 202.53 | SELL |
MA_20 | 204.01 | SELL | 204.23 | SELL |
MA_32 | 207.16 | SELL | 206.26 | SELL |
MA_50 | 207.27 | SELL | 208.09 | SELL |
MA_100 | 214.85 | SELL | 209.14 | SELL |
MA_200 | 203.08 | SELL | 194.27 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 204.01 | Downtrend |
MACD | -2.11 | SELL |
ADX | 16.16 | NO or Weak Trend |
DMI (+/-) | 15.68 / 29.52 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 36.54 | Neutral |
STOCHASTIC_K (Fast) | 5.89 | Oversold |
STOCHASTIC_D (Slow) | 3.98 | Oversold |
CCI | -125.41 | SELL |
PSAR | 223.22 | SELL |
TRUE RANGE | 7.73 | Neutral |
ATR | 10.4 | Neutral |
WILLIAMS R | -92.62 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 0 | Oversold |
STOCHASTIC RSI D | 0 | Oversold |
MOMENTUM | -33.6 | SELL |
Duration | Value |
---|---|
1 Year | 62.25% |
3 Months | -8.2% |
1 Month | -15.18% |
1 Week | -12.54% |
Action | Overall (%) |
---|---|
BUY | 0% |
NEUTRAL / HOLD | 17% |
SELL | 83% |
Most popular Questions & Answers about CORDSCABLE
Cords Cable Industries Limited stock last traded price is 191.81. CORDSCABLE share price moved Up by 1.55% from its previous close of Rs 188.89.
Cords Cable Industries Limited share price trend is Up with a total of 17270 stocks traded till now. It has touched an intraday high of Rs 280.78 and an intraday low of Rs 188.11. The CORDSCABLE trading at 191.81, Up by Rs. 2.92, or 1.55 percent which suggests that most of the Traders are anticipating that the price of CORDSCABLE share should go Up and the Stop Loss will be around 190.3.
The market cap of Cords Cable Industries Limited is ₹77.4 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Cords Cable Industries Limited as of Nov 22, 2024 is 50.69.
The current price to book ratio for Cords Cable Industries Limited as of Nov 22, 2024 is 1.47.
The highest price of Cords Cable Industries Limited stock is ₹278 in the last 52-week.
The lowest price of Cords Cable Industries Limited stock is ₹103.8 in the last 52-week.
Cords Cable Industries Limited share trading at ₹191.81, Up by Rs. 2.92, or 1.55 percent which suggests that most of the traders are anticipating that the price of CORDSCABLE share should go Up.
In 2023, Stock price target for Cords Cable Industries Limited (CORDSCABLE) are ₹183.9 on downside and ₹279.4 on upside. Cords Cable Industries Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Cords Cable Industries Limited (CORDSCABLE) are ₹279.4 on downside and ₹297.6 on upside. Cords Cable Industries Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Cords Cable Industries Limited (CORDSCABLE) are ₹297.6 on downside and ₹318.4 on upside. Cords Cable Industries 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 Cords Cable Industries Limited (CORDSCABLE) will be around ₹344 Cords Cable Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of CORDSCABLE.
The price of Cords Cable Industries Limited (CORDSCABLE) shares moved by 1.55%. The short-term trend for CORDSCABLE share price is Up. It implies that the share price of CORDSCABLE will stay the same tomorrow and that intraday traders should treat VWAP at 190.3 as a stop loss. Investors with a long-term outlook can track CORDSCABLE long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of CORDSCABLE stock is 108.4. Compared to the current market price of 191.81 INR, the CORDSCABLE stock is Overvalued by 43.5%.
As per the fundamental analysis of Cords Cable Industries Limited (CORDSCABLE), it is of Economical quality in terms of earnings and profit margins with an EPS of 9.04. Cords Cable Industries Limited book value per share as of today is 130.91. The current price to book ratio for CORDSCABLE as of Nov 23, 2024 is 1.47.
NSE:CORDSCABLE News & Other Useful Information about CORDSCABLE Share Price
Peer Comparison of NSE: CORDSCABLE
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Cables - Power & Others
Company | Price | EPS | BV |
---|---|---|---|
POLYCAB | 6620.50 | 115.43 | 541.62 |
KEI | 3994.85 | 69.17 | 348.69 |
UNIVCABLES | 591.10 | 16.63 | 248.93 |
CORDSCABLE | 191.81 | 9.04 | 130.91 |
DIAPOWER | 1402.55 | 5.64 | -184.71 |