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Damodar Industries Limited
Share Price Target & Analysis

NSE:DAMODARIND

40.28

VWAP

40.3

Open

40.53

Close

41.11

High

39.5

Low

68.6

52 Week High

40.18 ⇩
-0.35 (-0.86%)

DAMODARIND

(TEXTILES)
5.7% Momentum

Watch Carefully

38.46

52 Week Low

0.99

EPS

14.77

PE

0.78

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: DAMODARIND Share Price Financial Analysis & Valuation

Damodar Industries Limited (DAMODARIND) is broadly categorized in TEXTILES segment industry which deals in Textiles - Spinning - Synthetic Blended vertical. It is one of Micro Cap company with Market Capitalization of Rs 144.6 (in Cr). Total number of free float shares are 2.2 (in Lacs). Damodar Industries Limited is listed on NSE with Exchange ID - INE497D01022 and trading code is NSE:DAMODARIND with short name Damodar Ind.

In the past 1 year, Damodar Industries Limited has declared an equity dividend of Rs 0.5 per share. At the current share price of DAMODARIND at Rs 40.18, this results in a dividend yield of 1.24 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:DAMODARIND, it is clearly understood that DAMODARIND is Economical performer in terms of earnings and profit margins with an EPS of 0.99. NSE:DAMODARIND book value per share as of today is 51.44. The current price to book ratio for DAMODARIND as of Nov 23, 2024 is 0.78.

Valuation of the Stock: The current valuation of DAMODARIND 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 DAMODARIND whether to BUY this stock at current valuation. The delivery percentage of DAMODARIND is 73.22% is very crucial parameter which shows that 73.22% investors are anticipating that the price of DAMODARIND share should go up with VWAP at 40.28.

Now, the main question is whether to BUY or SELL, NSE:DAMODARIND at current valuation.
As per latest Analysis No. #743:-

⇑ STRONG BUY DAMODARIND if All Greens

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

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

⇘ SELL DAMODARIND if NO Green Indicator

NSE: DAMODARIND Share Price Today (Nov 23, 2024)

(Damodar Industries Limited Daily Analysis on the basis of DAMODARIND Intraday Graph & Trend)

Damodar Industries Limited share price moved Down by -0.86% from its previous close of Rs 40.53. DAMODARIND stock last traded price is 40.18. DAMODARIND share price trend is Down with a total of 12471 stocks traded till now. It has touched an intraday high of Rs 41.11 and an intraday low of Rs 39.5. The DAMODARIND trading at 40.18, Down by Rs. -0.35, or -0.86 percent which suggests that most of the Traders are anticipating that the price of DAMODARIND share should go Down.

NSE: DAMODARIND Share Price Tomorrow Prediction

(Damodar Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of DAMODARIND)

Damodar Industries Limited share price moved Down by -0.86%. DAMODARIND share price short term trend is Down. It suggests that DAMODARIND Share Price for Tomorrow remains the same with VWAP at 40.28 will be treated as stop loss for intraday traders. Damodar Industries Limited Long term investors can follow the DAMODARIND long term trend as mentiond in future forecast table.

NSE Code

NSE: DAMODARIND

DAMODARIND Share Price Today

 40.18

DAMODARIND Share Price Target Prediction for 2024 ^

 40.3 - 56.8

DAMODARIND Share Price Target Prediction for 2025*^

 56.8 - 59.1

DAMODARIND Share Price Target Prediction for 2026*^

 59.1 - 62.1

DAMODARIND Share Price Target Prediction for 2027*^

 65

DAMODARIND Share Price Target Prediction for 2028*^

 66

DAMODARIND Share Price Target Prediction for 2030*^

 71
DAMODARIND Current Book Value 2023
51.2

*Damodar Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^DAMODARIND 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.

DAMODARIND Technical Analysis

Candlestick Pattern: @38.79

DAMODARIND Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 40.86 SELL 40.5 SELL
MA_12 42.67 SELL 41.98 SELL
MA_20 42.67 SELL 42.61 SELL
MA_32 43.47 SELL 43.58 SELL
MA_50 44.9 SELL 44.49 SELL
MA_100 46.92 SELL 46.06 SELL
MA_200 49.54 SELL 48.06 SELL

DAMODARIND Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 39.67 OverSold
MACD -0.36 SELL
ADX 24.57 NO or Weak Trend
DMI (+/-) 12.13 / 20.78 Downtrend

DAMODARIND Momentum Oscillators

BUY (0) NEUTRAL (3) SELL (9)
Momentum Oscillators Value Action
RSI 25.87 Oversold
STOCHASTIC_K (Fast) 6.4 Oversold
STOCHASTIC_D (Slow) 8.02 Oversold
CCI -218.41 SELL
PSAR 45.28 SELL
TRUE RANGE 1.73 Neutral
ATR 2.03 Neutral
WILLIAMS R -95.85 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -6.2 SELL

DAMODARIND Last 1 Year Trend

Duration Value
1 Year -23.72%
3 Months -23.57%
1 Month -13.78%
1 Week -10.33%

DAMODARIND Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 13%
SELL 87%

Most popular Questions & Answers about DAMODARIND


Damodar Industries Limited stock last traded price is 40.18. DAMODARIND share price moved Down by -0.86% from its previous close of Rs 40.53.

Damodar Industries Limited share price trend is Down with a total of 12471 stocks traded till now. It has touched an intraday high of Rs 69.286 and an intraday low of Rs 39.5. The DAMODARIND trading at 40.18, Down by Rs. -0.35, or -0.86 percent which suggests that most of the Traders are anticipating that the price of DAMODARIND share should go Down and the Stop Loss will be around 40.28.

The market cap of Damodar Industries Limited is ₹144.6 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Damodar Industries Limited as of Nov 22, 2024 is 14.77.

The current price to book ratio for Damodar Industries Limited as of Nov 22, 2024 is 0.78.

The highest price of Damodar Industries Limited stock is ₹68.6 in the last 52-week.

The lowest price of Damodar Industries Limited stock is ₹38.46 in the last 52-week.

Damodar Industries Limited share trading at ₹40.18, Down by Rs. -0.35, or -0.86 percent which suggests that most of the traders are anticipating that the price of DAMODARIND share should go Down.

In 2023, Stock price target for Damodar Industries Limited (DAMODARIND) are ₹40.3 on downside and ₹56.8 on upside. Damodar Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Damodar Industries Limited (DAMODARIND) are ₹56.8 on downside and ₹59.1 on upside. Damodar Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Damodar Industries Limited (DAMODARIND) are ₹59.1 on downside and ₹62.1 on upside. Damodar 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 Damodar Industries Limited (DAMODARIND) will be around ₹66 Damodar Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of DAMODARIND.

The price of Damodar Industries Limited (DAMODARIND) shares moved by -0.86%. The short-term trend for DAMODARIND share price is Down. It implies that the share price of DAMODARIND will stay the same tomorrow and that intraday traders should treat VWAP at 40.28 as a stop loss. Investors with a long-term outlook can track DAMODARIND long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of DAMODARIND stock is 11.9. Compared to the current market price of 40.18 INR, the DAMODARIND stock is Overvalued by 70.4%.

As per the fundamental analysis of Damodar Industries Limited (DAMODARIND), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.99. Damodar Industries Limited book value per share as of today is 51.44. The current price to book ratio for DAMODARIND as of Nov 23, 2024 is 0.78.


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


Peer Comparison of NSE: DAMODARIND

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

Sector: Textiles - Spinning - Synthetic Blended

Company Price EPS BV
INDORAMA 39.33 0 16.63
SANGAMIND 357.15 6.87 196.16
RSWM 168.25 6.93 277.97
BANSWRAS 130.61 6.71 156.2
RELCHEMQ 205.52 3.36 177.15
DAMODARIND 40.18 0.99 51.44
RAJVIR 8.88 0 -234.4
Updated at: 22 Nov 2024 15:54

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