Onward Technologies Limited
Share Price Target & Analysis

NSE:ONWARDTEC

438.32

VWAP

439.40

Open

453.45

Close

449.00

High

428.35

Low

740.00

52 Week High

436.15
-4.15 (-0.94%)

ONWARDTEC

(IT)
15.3% Momentum

Turnaround Potential

381.35

52 Week Low

13.5

EPS

31.18

PE

6.09

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: ONWARDTEC Share Price Financial Analysis & Valuation

Onward Technologies Limited (ONWARDTEC) is broadly categorized in IT segment industry which deals in Computers - Software Medium & Small vertical. It is one of Micro Cap company with Market Capitalization of Rs 743.2 (in Cr). Total number of free float shares are 1.6 (in Lacs). Onward Technologies Limited is listed on NSE with Exchange ID - INE229A01017 and trading code is NSE:ONWARDTEC with short name Onward Tech.

In the past 1 year, Onward Technologies Limited has declared an equity dividend of Rs 3 per share. At the current share price of ONWARDTEC at Rs 436.15, this results in a dividend yield of 0.69 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:ONWARDTEC, it is clearly understood that ONWARDTEC is Economical performer in terms of earnings and profit margins with an EPS of 13.5. NSE:ONWARDTEC book value per share as of today is 71.66. The current price to book ratio for ONWARDTEC as of May 18, 2024 is 6.09.

Valuation of the Stock: The current valuation of ONWARDTEC 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 ONWARDTEC whether to BUY this stock at current valuation. The delivery percentage of ONWARDTEC is 38.99% is very crucial parameter which shows that 38.99% investors are anticipating that the price of ONWARDTEC share should go up with VWAP at 438.32.

Now, the main question is whether to BUY or SELL, NSE:ONWARDTEC at current valuation.
As per latest Analysis No. #733:-

STRONG BUY ONWARDTEC if All Greens

BUY ONWARDTEC (at Lower Levels) if any 2 Greens

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

SELL ONWARDTEC if NO Green Indicator

NSE: ONWARDTEC Share Price Today (May 18, 2024)

(Onward Technologies Limited Daily Analysis on the basis of ONWARDTEC Intraday Graph & Trend)

Onward Technologies Limited share price moved Down by -0.94% from its previous close of Rs 453.45. ONWARDTEC stock last traded price is 436.15. ONWARDTEC share price trend is Down with a total of 25234 stocks traded till now. It has touched an intraday high of Rs 449.00 and an intraday low of Rs 428.35. The ONWARDTEC trading at 436.15, Down by Rs. -4.15, or -0.94 percent which suggests that most of the Traders are anticipating that the price of ONWARDTEC share should go Down.

NSE: ONWARDTEC Share Price Tomorrow Prediction

(Onward Technologies Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ONWARDTEC)

Onward Technologies Limited share price moved Down by -0.94%. ONWARDTEC share price short term trend is Down. It suggests that ONWARDTEC Share Price for Tomorrow remains the same with VWAP at 438.32 will be treated as stop loss for intraday traders. Onward Technologies Limited Long term investors can follow the ONWARDTEC long term trend as mentiond in future forecast table.

NSE Code

NSE: ONWARDTEC

ONWARDTEC Share Price Today

436.15

ONWARDTEC Share Price Target Prediction for 2024 ^

399.8 - 595.7

ONWARDTEC Share Price Target Prediction for 2025*^

595.7 - 792.2

ONWARDTEC Share Price Target Prediction for 2026*^

792.2 - 847.7

ONWARDTEC Share Price Target Prediction for 2027*^

890

ONWARDTEC Share Price Target Prediction for 2028*^

916

ONWARDTEC Share Price Target Prediction for 2030*^

998
ONWARDTEC Current Book Value 2023
71.3

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

^ONWARDTEC 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.

ONWARDTEC Technical Analysis

Candlestick Pattern: @441.35

ONWARDTEC Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 441.51 SELL 442.65 SELL
MA_12 451.18 SELL 450.36 SELL
MA_20 462.74 SELL 456.09 SELL
MA_32 464.66 SELL 466.36 SELL
MA_50 469.72 SELL 478.59 SELL
MA_100 519.6 SELL 501.63 SELL
MA_200 550 SELL 507.97 SELL

ONWARDTEC Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 462.74 Downtrend
MACD -1.55 SELL
ADX 19.32 NO or Weak Trend
DMI (+/-) 15.2 / 23.88 Downtrend

ONWARDTEC Momentum Oscillators

BUY (1) NEUTRAL (8) SELL (3)
Momentum Oscillators Value Action
RSI 35.27 Neutral
STOCHASTIC_K (Fast) 48.24 Neutral
STOCHASTIC_D (Slow) 49.25 Neutral
CCI -62.92 Neutral
PSAR 469.11 SELL
TRUE RANGE 8.2 Neutral
ATR 15.91 Neutral
WILLIAMS R -82.6 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 69.91 Neutral
STOCHASTIC RSI D 87.94 Overbought
MOMENTUM -46.25 SELL

ONWARDTEC Last 1 Year Trend

Duration Value
1 Year 25.99%
3 Months -23.6%
1 Month -9.49%
1 Week 0.44%

ONWARDTEC Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 30%
SELL 67%

Most popular Questions & Answers about ONWARDTEC


Onward Technologies Limited stock last traded price is 436.15. ONWARDTEC share price moved Down by -0.94% from its previous close of Rs 453.45.

Onward Technologies Limited share price trend is Down with a total of 25234 stocks traded till now. It has touched an intraday high of Rs 747.4 and an intraday low of Rs 428.35. The ONWARDTEC trading at 436.15, Down by Rs. -4.15, or -0.94 percent which suggests that most of the Traders are anticipating that the price of ONWARDTEC share should go Down and the Stop Loss will be around 438.32.

The market cap of Onward Technologies Limited is ₹743.2 (in Cr) as of May 17, 2024.

The current price to earning ratio for Onward Technologies Limited as of May 17, 2024 is 31.18.

The current price to book ratio for Onward Technologies Limited as of May 17, 2024 is 6.09.

The highest price of Onward Technologies Limited stock is ₹740.00 in the last 52-week.

The lowest price of Onward Technologies Limited stock is ₹381.35 in the last 52-week.

Onward Technologies Limited share trading at ₹436.15, Down by Rs. -4.15, or -0.94 percent which suggests that most of the traders are anticipating that the price of ONWARDTEC share should go Down.

In 2023, Stock price target for Onward Technologies Limited (ONWARDTEC) are ₹399.8 on downside and ₹595.7 on upside. Onward Technologies Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Onward Technologies Limited (ONWARDTEC) are ₹595.7 on downside and ₹792.2 on upside. Onward Technologies Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Onward Technologies Limited (ONWARDTEC) are ₹792.2 on downside and ₹847.7 on upside. Onward Technologies 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 Onward Technologies Limited (ONWARDTEC) will be around ₹916 Onward Technologies Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ONWARDTEC.

As per the fundamental analysis of Onward Technologies Limited (ONWARDTEC), it is of Economical quality in terms of earnings and profit margins with an EPS of 13.5. Onward Technologies Limited book value per share as of today is 71.66. The current price to book ratio for ONWARDTEC as of May 18, 2024 is 6.09.


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


Peer Comparison of NSE: ONWARDTEC

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

Sector: Computers - Software Medium & Small

Company Price EPS BV
AURUM 154.60 0 60.46
TANLA 895.90 11.35 42.19
BCG 10.55 0.09 7.8
BSOFT 610.70 10.82 44.23
FSL 198.40 4.59 34.59
SONATSOFTW 535.20 12.79 21.93
ECLERX 2364.95 75.28 236.58
VAKRANGEE 25.10 0.04 25.5
RSYSTEMS 480.70 14.57 40.81
DATAMATICS 596.85 14.62 130.08
Updated at: 17 May 2024 15:57

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