Esab India Limited
Share Price Target & Analysis

NSE:ESABINDIA

6051.92

VWAP

6012.3

Open

6053.9

Close

6121.8

High

6002

Low

6999

52 Week High

6028.10
-25.80 (-0.43%)

ESABINDIA

(INDUSTRIAL MANUFACTURING)
59.2% Momentum

Turnaround Potential

4620

52 Week Low

110.32

EPS

45.88

PE

30.32

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: ESABINDIA Share Price Financial Analysis & Valuation

Esab India Limited (ESABINDIA) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Electrodes & Graphite vertical. It is one of Small Cap company with Market Capitalization of Rs 4820.6 (in Cr). Total number of free float shares are 1.5 (in Lacs). Esab India Limited is listed on NSE with Exchange ID - INE284A01012 and trading code is NSE:ESABINDIA with short name Esab India.

In the past 1 year, Esab India Limited has declared an equity dividend of Rs 60 per share. At the current share price of ESABINDIA at Rs 6028.10, this results in a dividend yield of 1 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:ESABINDIA, it is clearly understood that ESABINDIA is Economical performer in terms of earnings and profit margins with an EPS of 110.32. NSE:ESABINDIA book value per share as of today is 198.83. The current price to book ratio for ESABINDIA as of Nov 23, 2024 is 30.32.

Valuation of the Stock: The current valuation of ESABINDIA stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ESABINDIA whether to BUY this stock at current valuation. The delivery percentage of ESABINDIA is 44.89% is very crucial parameter which shows that 44.89% investors are anticipating that the price of ESABINDIA share should go up with VWAP at 6051.92.

Now, the main question is whether to BUY or SELL, NSE:ESABINDIA at current valuation.
As per latest Analysis No. #533:-

STRONG BUY ESABINDIA if All Greens

BUY ESABINDIA (at Lower Levels) if any 2 Greens

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

SELL ESABINDIA if NO Green Indicator

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

(Esab India Limited Daily Analysis on the basis of ESABINDIA Intraday Graph & Trend)

Esab India Limited share price moved Down by -0.43% from its previous close of Rs 6053.9. ESABINDIA stock last traded price is 6028.10. ESABINDIA share price trend is Down with a total of 2822 stocks traded till now. It has touched an intraday high of Rs 6121.8 and an intraday low of Rs 6002. The ESABINDIA trading at 6028.10, Down by Rs. -25.80, or -0.43 percent which suggests that most of the Traders are anticipating that the price of ESABINDIA share should go Down.

NSE: ESABINDIA Share Price Tomorrow Prediction

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

Esab India Limited share price moved Down by -0.43%. ESABINDIA share price short term trend is Down. It suggests that ESABINDIA Share Price for Tomorrow remains the same with VWAP at 6051.92 will be treated as stop loss for intraday traders. Esab India Limited Long term investors can follow the ESABINDIA long term trend as mentiond in future forecast table.

NSE Code

NSE: ESABINDIA

ESABINDIA Share Price Today

6028.10

ESABINDIA Share Price Target Prediction for 2024 ^

5582.7 - 7033.6

ESABINDIA Share Price Target Prediction for 2025*^

7033.6 - 7493.1

ESABINDIA Share Price Target Prediction for 2026*^

7493.1 - 8017.6

ESABINDIA Share Price Target Prediction for 2027*^

8418

ESABINDIA Share Price Target Prediction for 2028*^

8659

ESABINDIA Share Price Target Prediction for 2030*^

9438
ESABINDIA Current Book Value 2023
197.8

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

^ESABINDIA 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.

ESABINDIA Technical Analysis

Candlestick Pattern: @6128.95

ESABINDIA Moving Averages

BUY (5) NEUTRAL (0) SELL (9)
MA Simple Action S1 Expo Action E2
MA_5 6078.64 BUY 6095.25 BUY
MA_12 6189.17 SELL 6155.73 SELL
MA_20 6180.1 SELL 6173.31 SELL
MA_32 6199.08 SELL 6182.05 SELL
MA_50 6176.5 SELL 6176.52 SELL
MA_100 6211.29 SELL 6120.47 BUY
MA_200 5789.59 BUY 5866.21 BUY

ESABINDIA Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 6180.1 Downtrend
MACD -25.11 SELL
ADX 15.03 NO or Weak Trend
DMI (+/-) 18.65 / 24.94 Downtrend

ESABINDIA Momentum Oscillators

BUY (0) NEUTRAL (10) SELL (2)
Momentum Oscillators Value Action
RSI 47.92 Neutral
STOCHASTIC_K (Fast) 44.52 Neutral
STOCHASTIC_D (Slow) 26.28 Neutral
CCI -44.24 Neutral
PSAR 6333.55 SELL
TRUE RANGE 300 Neutral
ATR 215.14 Neutral
WILLIAMS R -55.62 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 71.54 Neutral
STOCHASTIC RSI D 24.21 Neutral
MOMENTUM -336.45 SELL

ESABINDIA Last 1 Year Trend

Duration Value
1 Year 0.07%
3 Months -0.24%
1 Month -5.2%
1 Week -3.23%

ESABINDIA Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 37%
SELL 47%

Most popular Questions & Answers about ESABINDIA


Esab India Limited stock last traded price is 6028.10. ESABINDIA share price moved Down by -0.43% from its previous close of Rs 6053.9.

Esab India Limited share price trend is Down with a total of 2822 stocks traded till now. It has touched an intraday high of Rs 7068.99 and an intraday low of Rs 6002. The ESABINDIA trading at 6028.10, Down by Rs. -25.80, or -0.43 percent which suggests that most of the Traders are anticipating that the price of ESABINDIA share should go Down and the Stop Loss will be around 6051.92.

The market cap of Esab India Limited is ₹4820.6 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Esab India Limited as of Nov 22, 2024 is 45.88.

The current price to book ratio for Esab India Limited as of Nov 22, 2024 is 30.32.

The highest price of Esab India Limited stock is ₹6999 in the last 52-week.

The lowest price of Esab India Limited stock is ₹4620 in the last 52-week.

Esab India Limited share trading at ₹6028.10, Down by Rs. -25.80, or -0.43 percent which suggests that most of the traders are anticipating that the price of ESABINDIA share should go Down.

In 2023, Stock price target for Esab India Limited (ESABINDIA) are ₹5582.7 on downside and ₹7033.6 on upside. Esab India Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Esab India Limited (ESABINDIA) are ₹7033.6 on downside and ₹7493.1 on upside. Esab India Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Esab India Limited (ESABINDIA) are ₹7493.1 on downside and ₹8017.6 on upside. Esab 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 Esab India Limited (ESABINDIA) will be around ₹8659 Esab India Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ESABINDIA.

The price of Esab India Limited (ESABINDIA) shares moved by -0.43%. The short-term trend for ESABINDIA share price is Down. It implies that the share price of ESABINDIA will stay the same tomorrow and that intraday traders should treat VWAP at 6051.92 as a stop loss. Investors with a long-term outlook can track ESABINDIA long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of ESABINDIA stock is 1322.7. Compared to the current market price of 6028.10 INR, the ESABINDIA stock is Overvalued by 78.1%.

As per the fundamental analysis of Esab India Limited (ESABINDIA), it is of Economical quality in terms of earnings and profit margins with an EPS of 110.32. Esab India Limited book value per share as of today is 198.83. The current price to book ratio for ESABINDIA as of Nov 23, 2024 is 30.32.


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


Peer Comparison of NSE: ESABINDIA

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

Sector: Electrodes & Graphite

Company Price EPS BV
GRAPHITE 470.85 24.11 273.64
HEG 407.35 7.09 214.8
ESABINDIA 6028.10 110.32 198.83
ADORWELD 1153.40 18.05 210.42
Updated at: 22 Nov 2024 15:41

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