Reliance Chemotex Industries Limited
Share Price Target & Analysis

NSE:RELCHEMQ

205.49

VWAP

205.65

Open

201.62

Close

215.93

High

201.62

Low

349

52 Week High

205.52
3.90 (1.93%)

RELCHEMQ

(Miscellaneous)
14.6% Momentum

Turnaround Potential

181

52 Week Low

3.36

EPS

14.77

PE

1.16

PB

Economical
Quality

Diamond
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 205.52, this results in a dividend yield of 1.22 %.

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 3.36. NSE:RELCHEMQ book value per share as of today is 177.15. The current price to book ratio for RELCHEMQ as of Nov 23, 2024 is 1.16.

Valuation of the Stock: The current valuation of RELCHEMQ stock is like Diamond which means currently the stock is Very Expensive. 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 71.8% is very crucial parameter which shows that 71.8% investors are anticipating that the price of RELCHEMQ share should go up with VWAP at 205.49.

Now, the main question is whether to BUY or SELL, NSE:RELCHEMQ at current valuation.
As per latest Analysis No. #822:-

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 (Nov 23, 2024)

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

Reliance Chemotex Industries Limited share price moved Up by 1.93% from its previous close of Rs 201.62. RELCHEMQ stock last traded price is 205.52. RELCHEMQ share price trend is Up with a total of 4846 stocks traded till now. It has touched an intraday high of Rs 215.93 and an intraday low of Rs 201.62. The RELCHEMQ trading at 205.52, Up by Rs. 3.90, or 1.93 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 1.93%. RELCHEMQ share price short term trend is Up. It suggests that RELCHEMQ Share Price for Tomorrow remains the same with VWAP at 205.49 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

205.52

RELCHEMQ Share Price Target Prediction for 2024 ^

189.8 - 281.5

RELCHEMQ Share Price Target Prediction for 2025*^

281.5 - 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
176.3

*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: @213.8

RELCHEMQ Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 219.47 SELL 216.37 SELL
MA_12 216.52 SELL 216.47 SELL
MA_20 214.09 SELL 216.52 SELL
MA_32 216.47 SELL 217.94 SELL
MA_50 220.46 SELL 219.85 SELL
MA_100 227.04 SELL 222.85 SELL
MA_200 223.91 SELL 225.01 SELL

RELCHEMQ Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 214.09 Downtrend
MACD 0.59 BUY
ADX 28.37 Strong Trend
DMI (+/-) 26.83 / 10.88 Uptrend

RELCHEMQ Momentum Oscillators

BUY (2) NEUTRAL (5) SELL (5)
Momentum Oscillators Value Action
RSI 47.06 Neutral
STOCHASTIC_K (Fast) 5.48 Oversold
STOCHASTIC_D (Slow) 11.83 Oversold
CCI -22.98 Neutral
PSAR 210.38 BUY
TRUE RANGE 7.6 BUY
ATR 10.95 Neutral
WILLIAMS R -73.55 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 6.17 Oversold
STOCHASTIC RSI D 15.8 Oversold
MOMENTUM -1.57 SELL

RELCHEMQ Last 1 Year Trend

Duration Value
1 Year -17.44%
3 Months -7.55%
1 Month -0.73%
1 Week 0.77%

RELCHEMQ Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 17%
SELL 67%

Most popular Questions & Answers about RELCHEMQ


Reliance Chemotex Industries Limited stock last traded price is 205.52. RELCHEMQ share price moved Up by 1.93% from its previous close of Rs 201.62.

Reliance Chemotex Industries Limited share price trend is Up with a total of 4846 stocks traded till now. It has touched an intraday high of Rs 352.49 and an intraday low of Rs 201.62. The RELCHEMQ trading at 205.52, Up by Rs. 3.90, or 1.93 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 205.49.

The market cap of Reliance Chemotex Industries Limited is ₹147.25 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Reliance Chemotex Industries Limited as of Nov 22, 2024 is 14.77.

The current price to book ratio for Reliance Chemotex Industries Limited as of Nov 22, 2024 is 1.16.

The highest price of Reliance Chemotex Industries Limited stock is ₹349 in the last 52-week.

The lowest price of Reliance Chemotex Industries Limited stock is ₹181 in the last 52-week.

Reliance Chemotex Industries Limited share trading at ₹205.52, Up by Rs. 3.90, or 1.93 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 ₹189.8 on downside and ₹281.5 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 ₹281.5 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.

The price of Reliance Chemotex Industries Limited (RELCHEMQ) shares moved by 1.93%. The short-term trend for RELCHEMQ share price is Up. It implies that the share price of RELCHEMQ will stay the same tomorrow and that intraday traders should treat VWAP at 205.49 as a stop loss. Investors with a long-term outlook can track RELCHEMQ long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of RELCHEMQ stock is 40.3. Compared to the current market price of 205.52 INR, the RELCHEMQ stock is Overvalued by 80.4%.

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 3.36. Reliance Chemotex Industries Limited book value per share as of today is 177.15. The current price to book ratio for RELCHEMQ as of Nov 23, 2024 is 1.16.


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 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 15:50

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