NIFTY 23907.25 BANK 51135.40

Indo Rama Synthetics (India) Limited
Share Price Target & Analysis

NSE:INDORAMA

38.81

VWAP

38.27

Open

38.27

Close

39.85

High

38.05

Low

67.1

52 Week High

39.33 ⇧
1.06 (2.77%)

INDORAMA

(TEXTILES)
9.5% Momentum

Watch Carefully

36.4

52 Week Low

N/A

EPS

14.77

PE

2.37

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: INDORAMA Share Price Financial Analysis & Valuation

Indo Rama Synthetics (India) Limited (INDORAMA) is broadly categorized in TEXTILES segment industry which deals in Textiles - Spinning - Synthetic Blended vertical. It is one of Small Cap company with Market Capitalization of Rs 2052.3 (in Cr). Total number of free float shares are 16.1 (in Lacs). Indo Rama Synthetics (India) Limited is listed on NSE with Exchange ID - INE156A01020 and trading code is NSE:INDORAMA with short name Indo Rama Synth.

In the past 1 year, Indo Rama Synthetics (India) Limited has declared an equity dividend of Rs 0 per share. At the current share price of INDORAMA at Rs 39.33, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:INDORAMA, it is clearly understood that INDORAMA is Uncertain performer in terms of earnings and profit margins with an EPS of 0. NSE:INDORAMA book value per share as of today is 16.63. The current price to book ratio for INDORAMA as of Nov 23, 2024 is 2.37.

Valuation of the Stock: The current valuation of INDORAMA stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of INDORAMA whether to BUY this stock at current valuation. The delivery percentage of INDORAMA is 74.49% is very crucial parameter which shows that 74.49% investors are anticipating that the price of INDORAMA share should go up with VWAP at 38.81.

Now, the main question is whether to BUY or SELL, NSE:INDORAMA at current valuation.
As per latest Analysis No. #1740:-

⇑ STRONG BUY INDORAMA if All Greens

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

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

⇘ SELL INDORAMA if NO Green Indicator

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

(Indo Rama Synthetics (India) Limited Daily Analysis on the basis of INDORAMA Intraday Graph & Trend)

Indo Rama Synthetics (India) Limited share price moved Up by 2.77% from its previous close of Rs 38.27. INDORAMA stock last traded price is 39.33. INDORAMA share price trend is Up with a total of 92529 stocks traded till now. It has touched an intraday high of Rs 39.85 and an intraday low of Rs 38.05. The INDORAMA trading at 39.33, Up by Rs. 1.06, or 2.77 percent which suggests that most of the Traders are anticipating that the price of INDORAMA share should go Up.

NSE: INDORAMA Share Price Tomorrow Prediction

(Indo Rama Synthetics (India) Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of INDORAMA)

Indo Rama Synthetics (India) Limited share price moved Up by 2.77%. INDORAMA share price short term trend is Up. It suggests that INDORAMA Share Price for Tomorrow remains the same with VWAP at 38.81 will be treated as stop loss for intraday traders. Indo Rama Synthetics (India) Limited Long term investors can follow the INDORAMA long term trend as mentiond in future forecast table.

NSE Code

NSE: INDORAMA

INDORAMA Share Price Today

 39.33

INDORAMA Share Price Target Prediction for 2024 ^

 38.2 - 55

INDORAMA Share Price Target Prediction for 2025*^

 55 - 57.2

INDORAMA Share Price Target Prediction for 2026*^

 57.2 - 60.1

INDORAMA Share Price Target Prediction for 2027*^

 63

INDORAMA Share Price Target Prediction for 2028*^

 64

INDORAMA Share Price Target Prediction for 2030*^

 69
INDORAMA Current Book Value 2023
16.5

*Indo Rama Synthetics (India) Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^INDORAMA 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.

INDORAMA Technical Analysis

Candlestick Pattern: @38.74

INDORAMA Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 40.03 SELL 39.84 SELL
MA_12 41.52 SELL 41.16 SELL
MA_20 41.5 SELL 41.98 SELL
MA_32 43.76 SELL 43.29 SELL
MA_50 45.96 SELL 44.21 SELL
MA_100 46.17 SELL 45.18 SELL
MA_200 46.34 SELL 46.44 SELL

INDORAMA Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 41.5 Downtrend
MACD -0.15 SELL
ADX 26.04 Strong Trend
DMI (+/-) 13.77 / 32.89 Downtrend

INDORAMA Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 32.4 Neutral
STOCHASTIC_K (Fast) 4.91 Oversold
STOCHASTIC_D (Slow) 3.5 Oversold
CCI -127.17 SELL
PSAR 44.13 SELL
TRUE RANGE 1.6 Neutral
ATR 1.9 Neutral
WILLIAMS R -91.06 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -9.28 SELL

INDORAMA Last 1 Year Trend

Duration Value
1 Year -26.07%
3 Months -13.83%
1 Month -19.33%
1 Week -10.39%

INDORAMA Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 13%
SELL 83%

Most popular Questions & Answers about INDORAMA


Indo Rama Synthetics (India) Limited stock last traded price is 39.33. INDORAMA share price moved Up by 2.77% from its previous close of Rs 38.27.

Indo Rama Synthetics (India) Limited share price trend is Up with a total of 92529 stocks traded till now. It has touched an intraday high of Rs 67.771 and an intraday low of Rs 38.05. The INDORAMA trading at 39.33, Up by Rs. 1.06, or 2.77 percent which suggests that most of the Traders are anticipating that the price of INDORAMA share should go Up and the Stop Loss will be around 38.81.

The market cap of Indo Rama Synthetics (India) Limited is ₹2052.3 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Indo Rama Synthetics (India) Limited as of Nov 22, 2024 is 14.77.

The current price to book ratio for Indo Rama Synthetics (India) Limited as of Nov 22, 2024 is 2.37.

The highest price of Indo Rama Synthetics (India) Limited stock is ₹67.1 in the last 52-week.

The lowest price of Indo Rama Synthetics (India) Limited stock is ₹36.4 in the last 52-week.

Indo Rama Synthetics (India) Limited share trading at ₹39.33, Up by Rs. 1.06, or 2.77 percent which suggests that most of the traders are anticipating that the price of INDORAMA share should go Up.

In 2023, Stock price target for Indo Rama Synthetics (India) Limited (INDORAMA) are ₹38.2 on downside and ₹55 on upside. Indo Rama Synthetics (India) Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Indo Rama Synthetics (India) Limited (INDORAMA) are ₹55 on downside and ₹57.2 on upside. Indo Rama Synthetics (India) Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Indo Rama Synthetics (India) Limited (INDORAMA) are ₹57.2 on downside and ₹60.1 on upside. Indo Rama Synthetics (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 Indo Rama Synthetics (India) Limited (INDORAMA) will be around ₹64 Indo Rama Synthetics (India) Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of INDORAMA.

The price of Indo Rama Synthetics (India) Limited (INDORAMA) shares moved by 2.77%. The short-term trend for INDORAMA share price is Up. It implies that the share price of INDORAMA will stay the same tomorrow and that intraday traders should treat VWAP at 38.81 as a stop loss. Investors with a long-term outlook can track INDORAMA long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of INDORAMA stock is Unavailable at this moment. Compared to the current market price of 39.33 INR, the INDORAMA stock is unpredictable by lack of Insufficient data.

As per the fundamental analysis of Indo Rama Synthetics (India) Limited (INDORAMA), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Indo Rama Synthetics (India) Limited book value per share as of today is 16.63. The current price to book ratio for INDORAMA as of Nov 23, 2024 is 2.37.


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


Peer Comparison of NSE: INDORAMA

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 15:47

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