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Morarjee Textiles Limited
Share Price Target & Analysis

NSE:MORARJEE

8.97

VWAP

8.95

Open

8.95

Close

9.38

High

8.65

Low

32.8

52 Week High

9.00 ⇧
0.05 (0.56%)

MORARJEE

(TEXTILES)
1.4% Momentum

Watch Carefully

8.65

52 Week Low

N/A

EPS

51.01

PE

N/A

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: MORARJEE Share Price Financial Analysis & Valuation

Morarjee Textiles Limited (MORARJEE) is broadly categorized in TEXTILES segment industry which deals in Textiles - Spinning - Cotton Blended vertical. It is one of Penny Stocks company with Market Capitalization of Rs 85.5 (in Cr). Total number of free float shares are 0 (in Lacs). Morarjee Textiles Limited is listed on NSE with Exchange ID - INE161G01027 and trading code is NSE:MORARJEE with short name Morarjee Text.

In the past 1 year, Morarjee Textiles Limited has declared an equity dividend of Rs 0 per share. At the current share price of MORARJEE at Rs 9.00, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:MORARJEE, it is clearly understood that MORARJEE is Uncertain performer in terms of earnings and profit margins with an EPS of 0.

Valuation of the Stock: The current valuation of MORARJEE 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 MORARJEE whether to BUY this stock at current valuation.

Now, the main question is whether to BUY or SELL, NSE:MORARJEE at current valuation.
As per latest Analysis No. #708:-

⇑ STRONG BUY MORARJEE if All Greens

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

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

⇘ SELL MORARJEE if NO Green Indicator

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

(Morarjee Textiles Limited Daily Analysis on the basis of MORARJEE Intraday Graph & Trend)

Morarjee Textiles Limited share price moved Up by 0.56% from its previous close of Rs 8.95. MORARJEE stock last traded price is 9.00. MORARJEE share price trend is Up with a total of 7392 stocks traded till now. It has touched an intraday high of Rs 9.38 and an intraday low of Rs 8.65. The MORARJEE trading at 9.00, Up by Rs. 0.05, or 0.56 percent which suggests that most of the Traders are anticipating that the price of MORARJEE share should go Up.

NSE: MORARJEE Share Price Tomorrow Prediction

(Morarjee Textiles Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MORARJEE)

Morarjee Textiles Limited share price moved Up by 0.56%. MORARJEE share price short term trend is Up. It suggests that MORARJEE Share Price for Tomorrow remains the same with VWAP at 8.97 will be treated as stop loss for intraday traders. Morarjee Textiles Limited Long term investors can follow the MORARJEE long term trend as mentiond in future forecast table.

NSE Code

NSE: MORARJEE

MORARJEE Share Price Today

 9.00

MORARJEE Share Price Target Prediction for 2024 ^

 9.1 - 22.1

MORARJEE Share Price Target Prediction for 2025*^

 22.1 - 23

MORARJEE Share Price Target Prediction for 2026*^

 23 - 24.2

MORARJEE Share Price Target Prediction for 2027*^

 25

MORARJEE Share Price Target Prediction for 2028*^

 26

MORARJEE Share Price Target Prediction for 2030*^

 28
MORARJEE Current Book Value 2023
Data Not Available

*Morarjee Textiles Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^MORARJEE 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.

MORARJEE Technical Analysis

Candlestick Pattern: @9.41

MORARJEE Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 9.72 SELL 9.69 SELL
MA_12 9.97 SELL 9.95 SELL
MA_20 10.06 SELL 10.19 SELL
MA_32 10.63 SELL 10.76 SELL
MA_50 11.41 SELL 11.53 SELL
MA_100 13.32 SELL 13.52 SELL
MA_200 19.38 SELL 16.88 SELL

MORARJEE Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 10.06 Downtrend
MACD 0.04 BUY
ADX 15.92 NO or Weak Trend
DMI (+/-) 12.16 / 18.95 Downtrend

MORARJEE Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 31.01 Neutral
STOCHASTIC_K (Fast) 18.02 Oversold
STOCHASTIC_D (Slow) 18.79 Oversold
CCI -202.2 SELL
PSAR 10.46 SELL
TRUE RANGE 0.97 Neutral
ATR 0.75 Neutral
WILLIAMS R -84.81 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -1.37 SELL

MORARJEE Last 1 Year Trend

Duration Value
1 Year -48.44%
3 Months -24.96%
1 Month -12.71%
1 Week -6.46%

MORARJEE Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 17%
SELL 80%

Most popular Questions & Answers about MORARJEE


Morarjee Textiles Limited stock last traded price is 9.00. MORARJEE share price moved Up by 0.56% from its previous close of Rs 8.95.

Morarjee Textiles Limited share price trend is Up with a total of 7392 stocks traded till now. It has touched an intraday high of Rs 33.128 and an intraday low of Rs 8.65. The MORARJEE trading at 9.00, Up by Rs. 0.05, or 0.56 percent which suggests that most of the Traders are anticipating that the price of MORARJEE share should go Up and the Stop Loss will be around 8.97.

The market cap of Morarjee Textiles Limited is ₹85.5 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Morarjee Textiles Limited as of Nov 22, 2024 is 51.01.

The current price to book ratio for Morarjee Textiles Limited as of Nov 22, 2024 is N/A.

The highest price of Morarjee Textiles Limited stock is ₹32.8 in the last 52-week.

The lowest price of Morarjee Textiles Limited stock is ₹8.65 in the last 52-week.

Morarjee Textiles Limited share trading at ₹9.00, Up by Rs. 0.05, or 0.56 percent which suggests that most of the traders are anticipating that the price of MORARJEE share should go Up.

In 2023, Stock price target for Morarjee Textiles Limited (MORARJEE) are ₹9.1 on downside and ₹22.1 on upside. Morarjee Textiles Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Morarjee Textiles Limited (MORARJEE) are ₹22.1 on downside and ₹23 on upside. Morarjee Textiles Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Morarjee Textiles Limited (MORARJEE) are ₹23 on downside and ₹24.2 on upside. Morarjee Textiles 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 Morarjee Textiles Limited (MORARJEE) will be around ₹26 Morarjee Textiles Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MORARJEE.

The price of Morarjee Textiles Limited (MORARJEE) shares moved by 0.56%. The short-term trend for MORARJEE share price is Up. It implies that the share price of MORARJEE will stay the same tomorrow and that intraday traders should treat VWAP at 8.97 as a stop loss. Investors with a long-term outlook can track MORARJEE long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MORARJEE stock is Unavailable at this moment. Compared to the current market price of 9.00 INR, the MORARJEE stock is unpredictable by lack of Insufficient data.

As per the fundamental analysis of Morarjee Textiles Limited (MORARJEE), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0.


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


Peer Comparison of NSE: MORARJEE

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

Sector: Textiles - Spinning - Cotton Blended

Company Price EPS BV
TRIDENT 31.44 0.64 8.46
VTL 439.45 27.47 304.49
ICIL 325.20 15.7 103.38
NITINSPIN 376.85 27.61 203.9
AMBIKCO 1430.85 113.03 1500.25
VISHAL 22.05 1.49 19.75
NAHARPOLY 257.73 2.33 197.21
DCMNVL 90.22 0 4.17
MARALOVER 71.90 0 31.69
GINNIFILA 27.44 0 22.72
Updated at: 22 Nov 2024 15:53

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