Cambridge Technology Enterprises Limited
Share Price Target & Analysis
NSE:CTE
VWAP
Open
Close
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52 Week High
1.85 (2.25%)
CTE
(IT)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Gold
Valuation
#Analysis
NSE: CTE Share Price Financial Analysis & Valuation
Cambridge Technology Enterprises Limited (CTE) is broadly categorized in IT segment industry which deals in Computers - Software Medium & Small vertical.
It is one of Micro Cap company with Market Capitalization of Rs 177.1 (in Cr). Total number of free float shares are 2 (in Lacs).
Cambridge Technology Enterprises Limited is listed on NSE with Exchange ID - INE627H01017 and trading code is NSE:CTE with short name Cambridge Tech.
In the past 1 year, Cambridge Technology Enterprises Limited has declared an equity dividend of Rs 0 per share. At the current share price of CTE at Rs 84.12, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:CTE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine CTE underlying value and future prospects. All of this data is available in CTE financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:CTE, it is clearly understood that CTE is Economical performer in terms of earnings and profit margins with an EPS of 1.73. NSE:CTE book value per share as of today is 25.03. The current price to book ratio for CTE as of Nov 23, 2024 is 3.36.
Valuation of the Stock: The current valuation of CTE 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 CTE whether to BUY this stock at current valuation. The delivery percentage of CTE is 51.27% is very crucial parameter which shows that 51.27% investors are anticipating that the price of CTE share should go up with VWAP at 83.81.
Now, the main question is whether to BUY or SELL, NSE:CTE at current valuation.
As per latest Analysis No. #1245:-
⇑ STRONG BUY CTE if All Greens
⇗ BUY CTE (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD CTE (With Stop Loss) if only 1 Green
⇘ SELL CTE if NO Green Indicator
NSE: CTE Share Price Today (Nov 23, 2024)
(Cambridge Technology Enterprises Limited Daily Analysis on the basis of CTE Intraday Graph & Trend)
Cambridge Technology Enterprises Limited share price moved Up by 2.25% from its previous close of Rs 82.27. CTE stock last traded price is 84.12. CTE share price trend is Up with a total of 48197 stocks traded till now. It has touched an intraday high of Rs 85.88 and an intraday low of Rs 81.54. The CTE trading at 84.12, Up by Rs. 1.85, or 2.25 percent which suggests that most of the Traders are anticipating that the price of CTE share should go Up.
NSE: CTE Share Price Tomorrow Prediction
(Cambridge Technology Enterprises Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of CTE)
Cambridge Technology Enterprises Limited share price moved Up by 2.25%. CTE share price short term trend is Up. It suggests that CTE Share Price for Tomorrow remains the same with VWAP at 83.81 will be treated as stop loss for intraday traders. Cambridge Technology Enterprises Limited Long term investors can follow the CTE long term trend as mentiond in future forecast table.
NSE Code |
NSE: CTE |
CTE Share Price Today |
84.12 |
CTE Share Price Target Prediction for 2024 ^ |
70.6 - 114.2 |
CTE Share Price Target Prediction for 2025*^ |
114.2 - 158 |
CTE Share Price Target Prediction for 2026*^ |
158 - 169.1 |
CTE Share Price Target Prediction for 2027*^ |
178 |
CTE Share Price Target Prediction for 2028*^ |
183 |
CTE Share Price Target Prediction for 2030*^ |
199 |
| CTE Current Book Value 2023 |
24.9 |
*Cambridge Technology Enterprises Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^CTE 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.
CTE Technical Analysis
Candlestick Pattern: @88.56| MA | Simple | Action S1 | Expo | Action E2 |
|---|---|---|---|---|
| MA_5 | 93.38 | SELL | 92.14 | SELL |
| MA_12 | 94.51 | SELL | 94.16 | SELL |
| MA_20 | 94.27 | SELL | 95.22 | SELL |
| MA_32 | 98.62 | SELL | 97.02 | SELL |
| MA_50 | 98.67 | SELL | 98.58 | SELL |
| MA_100 | 104.81 | SELL | 100.14 | SELL |
| MA_200 | 99.89 | SELL | 96.28 | SELL |
| Trend Oscillators | Value | Action |
|---|---|---|
| Bollinger Bands | 89.52 | OverSold |
| MACD | -0.27 | SELL |
| ADX | 13.59 | NO or Weak Trend |
| DMI (+/-) | 13.01 / 20.22 | Downtrend |
| Momentum Oscillators | Value | Action |
|---|---|---|
| RSI | 33.41 | Neutral |
| STOCHASTIC_K (Fast) | 0.37 | Oversold |
| STOCHASTIC_D (Slow) | 8.17 | Oversold |
| CCI | -189.4 | SELL |
| PSAR | 100.77 | SELL |
| TRUE RANGE | 3.39 | BUY |
| ATR | 4.62 | Neutral |
| WILLIAMS R | -96.43 | Oversold |
| TRIX | 0 | Neutral |
| STOCHASTIC RSI K | 0 | Oversold |
| STOCHASTIC RSI D | 0 | Oversold |
| MOMENTUM | -10.04 | SELL |
| Duration | Value |
|---|---|
| 1 Year | 33.88% |
| 3 Months | -17.88% |
| 1 Month | -10.18% |
| 1 Week | -7.71% |
| Action | Overall (%) |
|---|---|
| BUY | 3% |
| NEUTRAL / HOLD | 13% |
| SELL | 83% |
Most popular Questions & Answers about CTE
Cambridge Technology Enterprises Limited stock last traded price is 84.12. CTE share price moved Up by 2.25% from its previous close of Rs 82.27.
Cambridge Technology Enterprises Limited share price trend is Up with a total of 48197 stocks traded till now. It has touched an intraday high of Rs 149.076 and an intraday low of Rs 81.54. The CTE trading at 84.12, Up by Rs. 1.85, or 2.25 percent which suggests that most of the Traders are anticipating that the price of CTE share should go Up and the Stop Loss will be around 83.81.
The market cap of Cambridge Technology Enterprises Limited is ₹177.1 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Cambridge Technology Enterprises Limited as of Nov 22, 2024 is 36.41.
The current price to book ratio for Cambridge Technology Enterprises Limited as of Nov 22, 2024 is 3.36.
The highest price of Cambridge Technology Enterprises Limited stock is ₹147.6 in the last 52-week.
The lowest price of Cambridge Technology Enterprises Limited stock is ₹67.3 in the last 52-week.
Cambridge Technology Enterprises Limited share trading at ₹84.12, Up by Rs. 1.85, or 2.25 percent which suggests that most of the traders are anticipating that the price of CTE share should go Up.
In 2023, Stock price target for Cambridge Technology Enterprises Limited (CTE) are ₹70.6 on downside and ₹114.2 on upside. Cambridge Technology Enterprises Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Cambridge Technology Enterprises Limited (CTE) are ₹114.2 on downside and ₹158 on upside. Cambridge Technology Enterprises Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Cambridge Technology Enterprises Limited (CTE) are ₹158 on downside and ₹169.1 on upside. Cambridge Technology Enterprises 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 Cambridge Technology Enterprises Limited (CTE) will be around ₹183 Cambridge Technology Enterprises Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of CTE.
The price of Cambridge Technology Enterprises Limited (CTE) shares moved by 2.25%. The short-term trend for CTE share price is Up. It implies that the share price of CTE will stay the same tomorrow and that intraday traders should treat VWAP at 83.81 as a stop loss. Investors with a long-term outlook can track CTE long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of CTE stock is 20.7. Compared to the current market price of 84.12 INR, the CTE stock is Overvalued by 75.4%.
As per the fundamental analysis of Cambridge Technology Enterprises Limited (CTE), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.73. Cambridge Technology Enterprises Limited book value per share as of today is 25.03. The current price to book ratio for CTE as of Nov 23, 2024 is 3.36.
NSE:CTE News & Other Useful Information about CTE Share Price
Peer Comparison of NSE: CTE
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Computers - Software Medium & Small
| Company | Price | EPS | BV |
|---|---|---|---|
| AURUM | 209.50 | 0 | 59.72 |
| TANLA | 680.40 | 14.54 | 44.26 |
| BCG | 7.72 | 0.07 | 7.8 |
| BSOFT | 561.70 | 11.4 | 53.08 |
| FSL | 344.40 | 5.3 | 33.91 |
| SONATSOFTW | 548.50 | 13.42 | 25.21 |
| ECLERX | 3267.55 | 73.16 | 308.65 |
| VAKRANGEE | 23.89 | 0.06 | 1.07 |
| RSYSTEMS | 470.00 | 12.33 | 40.81 |
| DATAMATICS | 521.45 | 12.23 | 140.43 |