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Nelcast Limited
Share Price Target & Analysis

NSE:NELCAST

112.16

VWAP

113.05

Open

112.59

Close

114.9

High

110.19

Low

179.3

52 Week High

110.81 ⇩
-1.78 (-1.58%)

NELCAST

(INDUSTRIAL MANUFACTURING)
7.6% Momentum

Watch Carefully

105.21

52 Week Low

5.56

EPS

23.15

PE

1.86

PB

Standard
Quality

Silver
Valuation

#Analysis

NSE: NELCAST Share Price Financial Analysis & Valuation

Nelcast Limited (NELCAST) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Castings & Forgings vertical. It is one of Micro Cap company with Market Capitalization of Rs 722.5 (in Cr). Total number of free float shares are 8.7 (in Lacs). Nelcast Limited is listed on NSE with Exchange ID - INE189I01024 and trading code is NSE:NELCAST with short name Nelcast.

In the past 1 year, Nelcast Limited has declared an equity dividend of Rs 0.3 per share. At the current share price of NELCAST at Rs 110.81, this results in a dividend yield of 0.27 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:NELCAST, it is clearly understood that NELCAST is Standard performer in terms of earnings and profit margins with an EPS of 5.56. NSE:NELCAST book value per share as of today is 59.68. The current price to book ratio for NELCAST as of Nov 23, 2024 is 1.86.

Valuation of the Stock: The current valuation of NELCAST stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of NELCAST whether to BUY this stock at current valuation. The delivery percentage of NELCAST is 45.21% is very crucial parameter which shows that 45.21% investors are anticipating that the price of NELCAST share should go up with VWAP at 112.16.

Now, the main question is whether to BUY or SELL, NSE:NELCAST at current valuation.
As per latest Analysis No. #1789:-

⇑ STRONG BUY NELCAST if All Greens

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

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

⇘ SELL NELCAST if NO Green Indicator

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

(Nelcast Limited Daily Analysis on the basis of NELCAST Intraday Graph & Trend)

Nelcast Limited share price moved Down by -1.58% from its previous close of Rs 112.59. NELCAST stock last traded price is 110.81. NELCAST share price trend is Down with a total of 66864 stocks traded till now. It has touched an intraday high of Rs 114.9 and an intraday low of Rs 110.19. The NELCAST trading at 110.81, Down by Rs. -1.78, or -1.58 percent which suggests that most of the Traders are anticipating that the price of NELCAST share should go Down.

NSE: NELCAST Share Price Tomorrow Prediction

(Nelcast Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NELCAST)

Nelcast Limited share price moved Down by -1.58%. NELCAST share price short term trend is Down. It suggests that NELCAST Share Price for Tomorrow remains the same with VWAP at 112.16 will be treated as stop loss for intraday traders. Nelcast Limited Long term investors can follow the NELCAST long term trend as mentiond in future forecast table.

NSE Code

NSE: NELCAST

NELCAST Share Price Today

 110.81

NELCAST Share Price Target Prediction for 2024 ^

 110.3 - 151

NELCAST Share Price Target Prediction for 2025*^

 151 - 192

NELCAST Share Price Target Prediction for 2026*^

 192 - 205.4

NELCAST Share Price Target Prediction for 2027*^

 216

NELCAST Share Price Target Prediction for 2028*^

 222

NELCAST Share Price Target Prediction for 2030*^

 242
NELCAST Current Book Value 2023
59.4

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

NELCAST Technical Analysis

Candlestick Pattern: @108.97

NELCAST Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 112.33 SELL 112.03 SELL
MA_12 117.67 SELL 116.13 SELL
MA_20 117.75 SELL 118.26 SELL
MA_32 122.3 SELL 122.07 SELL
MA_50 127.21 SELL 125.65 SELL
MA_100 135.31 SELL 131.56 SELL
MA_200 142.06 SELL 137.6 SELL

NELCAST Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 117.75 Downtrend
MACD -0.65 SELL
ADX 25.14 Strong Trend
DMI (+/-) 12.58 / 29.91 Downtrend

NELCAST Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 33.83 Neutral
STOCHASTIC_K (Fast) 13.07 Oversold
STOCHASTIC_D (Slow) 4.67 Oversold
CCI -145.25 SELL
PSAR 126.43 SELL
TRUE RANGE 5.12 Neutral
ATR 5.53 Neutral
WILLIAMS R -84.04 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 26.4 Neutral
STOCHASTIC RSI D 8.8 Oversold
MOMENTUM -15.76 SELL

NELCAST Last 1 Year Trend

Duration Value
1 Year -38.76%
3 Months -22.99%
1 Month -12.64%
1 Week -12.78%

NELCAST Technical Analysis Summary

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

Most popular Questions & Answers about NELCAST


Nelcast Limited stock last traded price is 110.81. NELCAST share price moved Down by -1.58% from its previous close of Rs 112.59.

Nelcast Limited share price trend is Down with a total of 66864 stocks traded till now. It has touched an intraday high of Rs 181.093 and an intraday low of Rs 110.19. The NELCAST trading at 110.81, Down by Rs. -1.78, or -1.58 percent which suggests that most of the Traders are anticipating that the price of NELCAST share should go Down and the Stop Loss will be around 112.16.

The market cap of Nelcast Limited is ₹722.5 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Nelcast Limited as of Nov 22, 2024 is 23.15.

The current price to book ratio for Nelcast Limited as of Nov 22, 2024 is 1.86.

The highest price of Nelcast Limited stock is ₹179.3 in the last 52-week.

The lowest price of Nelcast Limited stock is ₹105.21 in the last 52-week.

Nelcast Limited share trading at ₹110.81, Down by Rs. -1.78, or -1.58 percent which suggests that most of the traders are anticipating that the price of NELCAST share should go Down.

In 2023, Stock price target for Nelcast Limited (NELCAST) are ₹110.3 on downside and ₹151 on upside. Nelcast Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Nelcast Limited (NELCAST) are ₹151 on downside and ₹192 on upside. Nelcast Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Nelcast Limited (NELCAST) are ₹192 on downside and ₹205.4 on upside. Nelcast 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 Nelcast Limited (NELCAST) will be around ₹222 Nelcast Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of NELCAST.

The price of Nelcast Limited (NELCAST) shares moved by -1.58%. The short-term trend for NELCAST share price is Down. It implies that the share price of NELCAST will stay the same tomorrow and that intraday traders should treat VWAP at 112.16 as a stop loss. Investors with a long-term outlook can track NELCAST long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of NELCAST stock is 66.7. Compared to the current market price of 110.81 INR, the NELCAST stock is Overvalued by 39.8%.

As per the fundamental analysis of Nelcast Limited (NELCAST), it is of Standard quality in terms of earnings and profit margins with an EPS of 5.56. Nelcast Limited book value per share as of today is 59.68. The current price to book ratio for NELCAST as of Nov 23, 2024 is 1.86.


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


Peer Comparison of NSE: NELCAST

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

Sector: Castings & Forgings

Company Price EPS BV
STEELCAS 762.05 30.81 133.21
BHARATFORG 1316.15 30.03 184.04
SGIL 373.80 8.35 59.59
AIAENG 3414.95 116.66 691.77
RKFORGE 963.50 23.53 147.84
JAYNECOIND 39.88 0.26 23.24
ELECTCAST 144.93 13.5 80.75
MMFL 458.70 30.03 169.08
ALICON 1114.60 33.95 319.41
NELCAST 110.81 5.56 59.68
Updated at: 22 Nov 2024 15:49

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