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Globe Textiles (India) Limited
Share Price Target & Analysis

NSE:GLOBE

4.14

VWAP

4.11

Open

4.18

Close

4.27

High

4

Low

6.24

52 Week High

4.13 ⇩
-0.05 (-1.2%)

GLOBE

(Miscellaneous)
40.4% Momentum

Turnaround Potential

2.7

52 Week Low

0.26

EPS

62.46

PE

1.19

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: GLOBE Share Price Financial Analysis & Valuation

Globe Textiles (India) Limited (GLOBE) is broadly categorized in Miscellaneous segment industry which deals in Textiles - General vertical. It is one of Micro Cap company with Market Capitalization of Rs 210.1 (in Cr). Total number of free float shares are 0 (in Lacs). Globe Textiles (India) Limited is listed on NSE with Exchange ID - INE581X01021 and trading code is NSE:GLOBE with short name Globe Textiles.

In the past 1 year, Globe Textiles (India) Limited has declared an equity dividend of Rs 0 per share. At the current share price of GLOBE at Rs 4.13, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:GLOBE, it is clearly understood that GLOBE is Standard performer in terms of earnings and profit margins with an EPS of 0.26. NSE:GLOBE book value per share as of today is 3.46. The current price to book ratio for GLOBE as of Nov 23, 2024 is 1.19.

Valuation of the Stock: The current valuation of GLOBE stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of GLOBE whether to BUY this stock at current valuation. The delivery percentage of GLOBE is 60.22% is very crucial parameter which shows that 60.22% investors are anticipating that the price of GLOBE share should go up with VWAP at 4.14.

Now, the main question is whether to BUY or SELL, NSE:GLOBE at current valuation.
As per latest Analysis No. #1407:-

⇑ STRONG BUY GLOBE if All Greens

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

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

⇘ SELL GLOBE if NO Green Indicator

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

(Globe Textiles (India) Limited Daily Analysis on the basis of GLOBE Intraday Graph & Trend)

Globe Textiles (India) Limited share price moved Down by -1.2% from its previous close of Rs 4.18. GLOBE stock last traded price is 4.13. GLOBE share price trend is Down with a total of 788577 stocks traded till now. It has touched an intraday high of Rs 4.27 and an intraday low of Rs 4. The GLOBE trading at 4.13, Down by Rs. -0.05, or -1.2 percent which suggests that most of the Traders are anticipating that the price of GLOBE share should go Down.

NSE: GLOBE Share Price Tomorrow Prediction

(Globe Textiles (India) Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of GLOBE)

Globe Textiles (India) Limited share price moved Down by -1.2%. GLOBE share price short term trend is Down. It suggests that GLOBE Share Price for Tomorrow remains the same with VWAP at 4.14 will be treated as stop loss for intraday traders. Globe Textiles (India) Limited Long term investors can follow the GLOBE long term trend as mentiond in future forecast table.

NSE Code

NSE: GLOBE

GLOBE Share Price Today

 4.13

GLOBE Share Price Target Prediction for 2024 ^

 2.8 - 4.8

GLOBE Share Price Target Prediction for 2025*^

 4.8 - 5

GLOBE Share Price Target Prediction for 2026*^

 5 - 5.3

GLOBE Share Price Target Prediction for 2027*^

 6

GLOBE Share Price Target Prediction for 2028*^

 6

GLOBE Share Price Target Prediction for 2030*^

 6
GLOBE Current Book Value 2023
3.4

*Globe Textiles (India) Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^GLOBE 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.

GLOBE Technical Analysis

Candlestick Pattern: @4.32

GLOBE Moving Averages

BUY (1) NEUTRAL (0) SELL (13)
MA Simple Action S1 Expo Action E2
MA_5 4.68 SELL 4.6 SELL
MA_12 4.75 SELL 4.7 SELL
MA_20 4.62 SELL 4.74 SELL
MA_32 4.82 SELL 4.81 SELL
MA_50 5.02 SELL 4.83 SELL
MA_100 5.04 SELL 4.75 SELL
MA_200 4.26 BUY 4.44 SELL

GLOBE Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 4.62 Downtrend
MACD -0.01 SELL
ADX 15.15 NO or Weak Trend
DMI (+/-) 18.11 / 29.26 Downtrend

GLOBE Momentum Oscillators

BUY (0) NEUTRAL (6) SELL (6)
Momentum Oscillators Value Action
RSI 36.98 Neutral
STOCHASTIC_K (Fast) -0.7 Oversold
STOCHASTIC_D (Slow) 3 Oversold
CCI -72.75 Neutral
PSAR 5.15 SELL
TRUE RANGE 0.35 Neutral
ATR 0.28 Neutral
WILLIAMS R -60.14 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -0.68 SELL

GLOBE Last 1 Year Trend

Duration Value
1 Year 5.37%
3 Months -14.46%
1 Month -13.6%
1 Week -12.9%

GLOBE Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 23%
SELL 73%

Most popular Questions & Answers about GLOBE


Globe Textiles (India) Limited stock last traded price is 4.13. GLOBE share price moved Down by -1.2% from its previous close of Rs 4.18.

Globe Textiles (India) Limited share price trend is Down with a total of 788577 stocks traded till now. It has touched an intraday high of Rs 6.3024 and an intraday low of Rs 4. The GLOBE trading at 4.13, Down by Rs. -0.05, or -1.2 percent which suggests that most of the Traders are anticipating that the price of GLOBE share should go Down and the Stop Loss will be around 4.14.

The market cap of Globe Textiles (India) Limited is ₹210.1 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Globe Textiles (India) Limited as of Nov 22, 2024 is 62.46.

The current price to book ratio for Globe Textiles (India) Limited as of Nov 22, 2024 is 1.19.

The highest price of Globe Textiles (India) Limited stock is ₹6.24 in the last 52-week.

The lowest price of Globe Textiles (India) Limited stock is ₹2.7 in the last 52-week.

Globe Textiles (India) Limited share trading at ₹4.13, Down by Rs. -0.05, or -1.2 percent which suggests that most of the traders are anticipating that the price of GLOBE share should go Down.

In 2023, Stock price target for Globe Textiles (India) Limited (GLOBE) are ₹2.8 on downside and ₹4.8 on upside. Globe Textiles (India) Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Globe Textiles (India) Limited (GLOBE) are ₹4.8 on downside and ₹5 on upside. Globe Textiles (India) Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Globe Textiles (India) Limited (GLOBE) are ₹5 on downside and ₹5.3 on upside. Globe Textiles (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 Globe Textiles (India) Limited (GLOBE) will be around ₹6 Globe Textiles (India) Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of GLOBE.

The price of Globe Textiles (India) Limited (GLOBE) shares moved by -1.2%. The short-term trend for GLOBE share price is Down. It implies that the share price of GLOBE will stay the same tomorrow and that intraday traders should treat VWAP at 4.14 as a stop loss. Investors with a long-term outlook can track GLOBE long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of GLOBE stock is 3.1. Compared to the current market price of 4.13 INR, the GLOBE stock is Overvalued by 24.9%.

As per the fundamental analysis of Globe Textiles (India) Limited (GLOBE), it is of Standard quality in terms of earnings and profit margins with an EPS of 0.26. Globe Textiles (India) Limited book value per share as of today is 3.46. The current price to book ratio for GLOBE as of Nov 23, 2024 is 1.19.


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


Peer Comparison of NSE: GLOBE

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

Sector: Textiles - General

Company Price EPS BV
PDSL 512.65 8.7 18.97
JINDWORLD 323.00 3.95 35.43
GARFIBRES 4600.55 113.46 620.07
TCNSBRANDS 583.95 0 47.91
PDSMFL 512.65 8.7 18.97
SUTLEJTEX 57.43 0 59.59
SPAL 819.95 35.82 310.45
BASML 51.30 2.78 58.55
BRFL 2.00 0 -24.03
GLOBE 4.13 0.26 3.46
Updated at: 22 Nov 2024 15:53

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