Eveready Industries India Limited
Share Price Target & Analysis
NSE:EVEREADY
VWAP
Open
Close
High
Low
52 Week High
2.75 (0.74%)
EVEREADY
(INDUSTRIAL MANUFACTURING)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Gold
Valuation
#Analysis
NSE: EVEREADY Share Price Financial Analysis & Valuation
Eveready Industries India Limited (EVEREADY) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Dry Cells vertical.
It is one of Small Cap company with Market Capitalization of Rs 1970 (in Cr). Total number of free float shares are 7.3 (in Lacs).
Eveready Industries India Limited is listed on NSE with Exchange ID - INE128A01029 and trading code is NSE:EVEREADY with short name Eveready Ind.
In the past 1 year, Eveready Industries India Limited has declared an equity dividend of Rs 0 per share. At the current share price of EVEREADY at Rs 374.70, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:EVEREADY, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine EVEREADY underlying value and future prospects. All of this data is available in EVEREADY financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:EVEREADY, it is clearly understood that EVEREADY is Economical performer in terms of earnings and profit margins with an EPS of 10.36. NSE:EVEREADY book value per share as of today is 52.8. The current price to book ratio for EVEREADY as of Nov 23, 2024 is 7.1.
Valuation of the Stock: The current valuation of EVEREADY 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 EVEREADY whether to BUY this stock at current valuation. The delivery percentage of EVEREADY is 38.36% is very crucial parameter which shows that 38.36% investors are anticipating that the price of EVEREADY share should go up with VWAP at 374.72.
Now, the main question is whether to BUY or SELL, NSE:EVEREADY at current valuation.
As per latest Analysis No. #1289:-
⇑ STRONG BUY EVEREADY if All Greens
⇗ BUY EVEREADY (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD EVEREADY (With Stop Loss) if only 1 Green
⇘ SELL EVEREADY if NO Green Indicator
NSE: EVEREADY Share Price Today (Nov 23, 2024)
(Eveready Industries India Limited Daily Analysis on the basis of EVEREADY Intraday Graph & Trend)
Eveready Industries India Limited share price moved Up by 0.74% from its previous close of Rs 371.95. EVEREADY stock last traded price is 374.70. EVEREADY share price trend is Up with a total of 57550 stocks traded till now. It has touched an intraday high of Rs 378.85 and an intraday low of Rs 370.25. The EVEREADY trading at 374.70, Up by Rs. 2.75, or 0.74 percent which suggests that most of the Traders are anticipating that the price of EVEREADY share should go Up.
NSE: EVEREADY Share Price Tomorrow Prediction
(Eveready Industries India Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of EVEREADY)
Eveready Industries India Limited share price moved Up by 0.74%. EVEREADY share price short term trend is Up. It suggests that EVEREADY Share Price for Tomorrow remains the same with VWAP at 374.72 will be treated as stop loss for intraday traders. Eveready Industries India Limited Long term investors can follow the EVEREADY long term trend as mentiond in future forecast table.
NSE Code |
NSE: EVEREADY |
EVEREADY Share Price Today |
374.70 |
EVEREADY Share Price Target Prediction for 2024 ^ |
309.3 - 424.7 |
EVEREADY Share Price Target Prediction for 2025*^ |
424.7 - 540.7 |
EVEREADY Share Price Target Prediction for 2026*^ |
540.7 - 578.5 |
EVEREADY Share Price Target Prediction for 2027*^ |
607 |
EVEREADY Share Price Target Prediction for 2028*^ |
625 |
EVEREADY Share Price Target Prediction for 2030*^ |
681 |
EVEREADY Current Book Value 2023 |
52.5 |
*Eveready Industries India Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^EVEREADY 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.
EVEREADY Technical Analysis
Candlestick Pattern: @366.25MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 379.3 | SELL | 376.46 | SELL |
MA_12 | 390.61 | SELL | 388.33 | SELL |
MA_20 | 394.1 | SELL | 395.92 | SELL |
MA_32 | 413.42 | SELL | 407.28 | SELL |
MA_50 | 427.93 | SELL | 413.49 | SELL |
MA_100 | 430 | SELL | 412.62 | SELL |
MA_200 | 381.75 | SELL | 393.93 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 368.35 | OverSold |
MACD | -1.59 | SELL |
ADX | 40.42 | Strong Trend |
DMI (+/-) | 7.42 / 31.07 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 30.86 | Neutral |
STOCHASTIC_K (Fast) | 12 | Oversold |
STOCHASTIC_D (Slow) | 10.72 | Oversold |
CCI | -202.62 | SELL |
PSAR | 406.44 | SELL |
TRUE RANGE | 12.55 | Neutral |
ATR | 15.48 | Neutral |
WILLIAMS R | -86.07 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 8.73 | Oversold |
STOCHASTIC RSI D | 2.91 | Oversold |
MOMENTUM | -57.4 | SELL |
Duration | Value |
---|---|
1 Year | 2.56% |
3 Months | -20.65% |
1 Month | -13.55% |
1 Week | -7.47% |
Action | Overall (%) |
---|---|
BUY | 3% |
NEUTRAL / HOLD | 13% |
SELL | 83% |
Most popular Questions & Answers about EVEREADY
Eveready Industries India Limited stock last traded price is 374.70. EVEREADY share price moved Up by 0.74% from its previous close of Rs 371.95.
Eveready Industries India Limited share price trend is Up with a total of 57550 stocks traded till now. It has touched an intraday high of Rs 510.05 and an intraday low of Rs 370.25. The EVEREADY trading at 374.70, Up by Rs. 2.75, or 0.74 percent which suggests that most of the Traders are anticipating that the price of EVEREADY share should go Up and the Stop Loss will be around 374.72.
The market cap of Eveready Industries India Limited is ₹1970 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Eveready Industries India Limited as of Nov 22, 2024 is 30.78.
The current price to book ratio for Eveready Industries India Limited as of Nov 22, 2024 is 7.1.
The highest price of Eveready Industries India Limited stock is ₹505 in the last 52-week.
The lowest price of Eveready Industries India Limited stock is ₹295.05 in the last 52-week.
Eveready Industries India Limited share trading at ₹374.70, Up by Rs. 2.75, or 0.74 percent which suggests that most of the traders are anticipating that the price of EVEREADY share should go Up.
In 2023, Stock price target for Eveready Industries India Limited (EVEREADY) are ₹309.3 on downside and ₹424.7 on upside. Eveready Industries India Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Eveready Industries India Limited (EVEREADY) are ₹424.7 on downside and ₹540.7 on upside. Eveready Industries India Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Eveready Industries India Limited (EVEREADY) are ₹540.7 on downside and ₹578.5 on upside. Eveready Industries 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 Eveready Industries India Limited (EVEREADY) will be around ₹625 Eveready Industries India Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of EVEREADY.
The price of Eveready Industries India Limited (EVEREADY) shares moved by 0.74%. The short-term trend for EVEREADY share price is Up. It implies that the share price of EVEREADY will stay the same tomorrow and that intraday traders should treat VWAP at 374.72 as a stop loss. Investors with a long-term outlook can track EVEREADY long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of EVEREADY stock is 124.2. Compared to the current market price of 374.70 INR, the EVEREADY stock is Overvalued by 66.9%.
As per the fundamental analysis of Eveready Industries India Limited (EVEREADY), it is of Economical quality in terms of earnings and profit margins with an EPS of 10.36. Eveready Industries India Limited book value per share as of today is 52.8. The current price to book ratio for EVEREADY as of Nov 23, 2024 is 7.1.
NSE:EVEREADY News & Other Useful Information about EVEREADY Share Price
Peer Comparison of NSE: EVEREADY
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Dry Cells
Company | Price | EPS | BV |
---|---|---|---|
EVEREADY | 374.70 | 10.36 | 52.8 |
NIPPOBATRY | 510.20 | 5.47 | 304.48 |