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Reliance Chemotex Industries Limited
Share Price Target & Analysis

NSE:RELCHEMQ

201.52

VWAP

200.95

Open

200.9

Close

204.25

High

197.50

Low

349.00

52 Week High

201.65 ⇧
0.60 (0.30%)

RELCHEMQ

(Miscellaneous)
19.5% Momentum

Turnaround Potential

166.05

52 Week Low

7.32

EPS

9.29

PE

1.15

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: RELCHEMQ Share Price Financial Analysis & Valuation

Reliance Chemotex Industries Limited (RELCHEMQ) is broadly categorized in Miscellaneous segment industry which deals in Textiles - Spinning - Synthetic Blended vertical. It is one of Micro Cap company with Market Capitalization of Rs 147.25 (in Cr). Total number of free float shares are 0 (in Lacs). Reliance Chemotex Industries Limited is listed on NSE with Exchange ID - INE750D01016 and trading code is NSE:RELCHEMQ with short name Reliance Chemo.

In the past 1 year, Reliance Chemotex Industries Limited has declared an equity dividend of Rs 2.5 per share. At the current share price of RELCHEMQ at Rs 201.65, this results in a dividend yield of 1.24 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:RELCHEMQ, it is clearly understood that RELCHEMQ is Economical performer in terms of earnings and profit margins with an EPS of 7.32. NSE:RELCHEMQ book value per share as of today is 174.97. The current price to book ratio for RELCHEMQ as of May 18, 2024 is 1.15.

Valuation of the Stock: The current valuation of RELCHEMQ 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 RELCHEMQ whether to BUY this stock at current valuation. The delivery percentage of RELCHEMQ is 56.62% is very crucial parameter which shows that 56.62% investors are anticipating that the price of RELCHEMQ share should go up with VWAP at 201.52.

Now, the main question is whether to BUY or SELL, NSE:RELCHEMQ at current valuation.
As per latest Analysis No. #644:-

⇑ STRONG BUY RELCHEMQ if All Greens

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

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

⇘ SELL RELCHEMQ if NO Green Indicator

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

(Reliance Chemotex Industries Limited Daily Analysis on the basis of RELCHEMQ Intraday Graph & Trend)

Reliance Chemotex Industries Limited share price moved Up by 0.30% from its previous close of Rs 200.9. RELCHEMQ stock last traded price is 201.65. RELCHEMQ share price trend is Up with a total of 1822 stocks traded till now. It has touched an intraday high of Rs 204.25 and an intraday low of Rs 197.50. The RELCHEMQ trading at 201.65, Up by Rs. 0.60, or 0.30 percent which suggests that most of the Traders are anticipating that the price of RELCHEMQ share should go Up.

NSE: RELCHEMQ Share Price Tomorrow Prediction

(Reliance Chemotex Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of RELCHEMQ)

Reliance Chemotex Industries Limited share price moved Up by 0.30%. RELCHEMQ share price short term trend is Up. It suggests that RELCHEMQ Share Price for Tomorrow remains the same with VWAP at 201.52 will be treated as stop loss for intraday traders. Reliance Chemotex Industries Limited Long term investors can follow the RELCHEMQ long term trend as mentiond in future forecast table.

NSE Code

NSE: RELCHEMQ

RELCHEMQ Share Price Today

 201.65

RELCHEMQ Share Price Target Prediction for 2024 ^

 174.1 - 273.7

RELCHEMQ Share Price Target Prediction for 2025*^

 273.7 - 373.6

RELCHEMQ Share Price Target Prediction for 2026*^

 373.6 - 399.8

RELCHEMQ Share Price Target Prediction for 2027*^

 420

RELCHEMQ Share Price Target Prediction for 2028*^

 432

RELCHEMQ Share Price Target Prediction for 2030*^

 471
RELCHEMQ Current Book Value 2023
174.1

*Reliance Chemotex Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^RELCHEMQ 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.

RELCHEMQ Technical Analysis

Candlestick Pattern: @202.65

RELCHEMQ Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 205.02 SELL 205.7 SELL
MA_12 216.48 SELL 212.73 SELL
MA_20 218.03 SELL 215.07 SELL
MA_32 217.79 SELL 217.38 SELL
MA_50 214.32 SELL 220.6 SELL
MA_100 232.17 SELL 227.4 SELL
MA_200 233.72 SELL 227.41 SELL

RELCHEMQ Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 218.03 Downtrend
MACD -2.91 SELL
ADX 14.7 NO or Weak Trend
DMI (+/-) 15.92 / 18.64 Downtrend

RELCHEMQ Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 40.25 Neutral
STOCHASTIC_K (Fast) 16.12 Oversold
STOCHASTIC_D (Slow) 13.29 Oversold
CCI -110.64 SELL
PSAR 230.77 SELL
TRUE RANGE 10 Neutral
ATR 12.16 Neutral
WILLIAMS R -85.19 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 37.92 Neutral
STOCHASTIC RSI D 16.46 Oversold
MOMENTUM -35.2 SELL

RELCHEMQ Last 1 Year Trend

Duration Value
1 Year 14.88%
3 Months -22.04%
1 Month -14.8%
1 Week -8.96%

RELCHEMQ Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 20%
SELL 80%

Most popular Questions & Answers about RELCHEMQ


Reliance Chemotex Industries Limited stock last traded price is 201.65. RELCHEMQ share price moved Up by 0.30% from its previous close of Rs 200.9.

Reliance Chemotex Industries Limited share price trend is Up with a total of 1822 stocks traded till now. It has touched an intraday high of Rs 352.49 and an intraday low of Rs 197.50. The RELCHEMQ trading at 201.65, Up by Rs. 0.60, or 0.30 percent which suggests that most of the Traders are anticipating that the price of RELCHEMQ share should go Up and the Stop Loss will be around 201.52.

The market cap of Reliance Chemotex Industries Limited is ₹147.25 (in Cr) as of May 17, 2024.

The current price to earning ratio for Reliance Chemotex Industries Limited as of May 17, 2024 is 9.29.

The current price to book ratio for Reliance Chemotex Industries Limited as of May 17, 2024 is 1.15.

The highest price of Reliance Chemotex Industries Limited stock is ₹349.00 in the last 52-week.

The lowest price of Reliance Chemotex Industries Limited stock is ₹166.05 in the last 52-week.

Reliance Chemotex Industries Limited share trading at ₹201.65, Up by Rs. 0.60, or 0.30 percent which suggests that most of the traders are anticipating that the price of RELCHEMQ share should go Up.

In 2023, Stock price target for Reliance Chemotex Industries Limited (RELCHEMQ) are ₹174.1 on downside and ₹273.7 on upside. Reliance Chemotex Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Reliance Chemotex Industries Limited (RELCHEMQ) are ₹273.7 on downside and ₹373.6 on upside. Reliance Chemotex Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Reliance Chemotex Industries Limited (RELCHEMQ) are ₹373.6 on downside and ₹399.8 on upside. Reliance Chemotex Industries 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 Reliance Chemotex Industries Limited (RELCHEMQ) will be around ₹432 Reliance Chemotex Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of RELCHEMQ.

As per the fundamental analysis of Reliance Chemotex Industries Limited (RELCHEMQ), it is of Economical quality in terms of earnings and profit margins with an EPS of 7.32. Reliance Chemotex Industries Limited book value per share as of today is 174.97. The current price to book ratio for RELCHEMQ as of May 18, 2024 is 1.15.


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


Peer Comparison of NSE: RELCHEMQ

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 44.65 0 22.09
SANGAMIND 390.55 7.58 138.79
RSWM 182.20 0 264.18
BANSWRAS 150.15 10.3 156.2
RELCHEMQ 201.65 7.32 174.97
DAMODARIND 49.00 1.32 49.34
RAJVIR 6.00 0 -234.4
Updated at: 17 May 2024 15:44

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