NIFTY 22481.90 BANK 48151.40

Salona Cotspin Limited
Share Price Target & Analysis

NSE:SALONA

303.27

VWAP

298.80

Open

296.8

Close

305.90

High

298.80

Low

357.00

52 Week High

305.90 ⇧
11.20 (3.80%)

SALONA

(TEXTILES)
57.8% Momentum

Turnaround Potential

236.05

52 Week Low

15.9

EPS

33.23

PE

2.17

PB

Standard
Quality

Silver
Valuation

#Analysis

NSE: SALONA Share Price Financial Analysis & Valuation

Salona Cotspin Limited (SALONA) is broadly categorized in TEXTILES segment industry which deals in Textiles - Spinning - Cotton Blended vertical. It is one of Micro Cap company with Market Capitalization of Rs 163.9 (in Cr). Total number of free float shares are 0.5 (in Lacs). Salona Cotspin Limited is listed on NSE with Exchange ID - INE498E01010 and trading code is NSE:SALONA with short name Salona Cotspin.

In the past 1 year, Salona Cotspin Limited has declared an equity dividend of Rs 1.2 per share. At the current share price of SALONA at Rs 305.90, this results in a dividend yield of 0.39 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:SALONA, it is clearly understood that SALONA is Standard performer in terms of earnings and profit margins with an EPS of 15.9. NSE:SALONA book value per share as of today is 140.84. The current price to book ratio for SALONA as of May 18, 2024 is 2.17.

Valuation of the Stock: The current valuation of SALONA 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 SALONA whether to BUY this stock at current valuation. The delivery percentage of SALONA is 50.91% is very crucial parameter which shows that 50.91% investors are anticipating that the price of SALONA share should go up with VWAP at 303.27.

Now, the main question is whether to BUY or SELL, NSE:SALONA at current valuation.
As per latest Analysis No. #190:-

⇑ STRONG BUY SALONA if All Greens

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

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

⇘ SELL SALONA if NO Green Indicator

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

(Salona Cotspin Limited Daily Analysis on the basis of SALONA Intraday Graph & Trend)

Salona Cotspin Limited share price moved Up by 3.80% from its previous close of Rs 296.8. SALONA stock last traded price is 305.90. SALONA share price trend is Up with a total of 1001 stocks traded till now. It has touched an intraday high of Rs 305.90 and an intraday low of Rs 298.80. The SALONA trading at 305.90, Up by Rs. 11.20, or 3.80 percent which suggests that most of the Traders are anticipating that the price of SALONA share should go Up.

NSE: SALONA Share Price Tomorrow Prediction

(Salona Cotspin Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SALONA)

Salona Cotspin Limited share price moved Up by 3.80%. SALONA share price short term trend is Up. It suggests that SALONA Share Price for Tomorrow remains the same with VWAP at 303.27 will be treated as stop loss for intraday traders. Salona Cotspin Limited Long term investors can follow the SALONA long term trend as mentiond in future forecast table.

NSE Code

NSE: SALONA

SALONA Share Price Today

 305.90

SALONA Share Price Target Prediction for 2024 ^

 284.9 - 358.8

SALONA Share Price Target Prediction for 2025*^

 358.8 - 382.2

SALONA Share Price Target Prediction for 2026*^

 382.2 - 409

SALONA Share Price Target Prediction for 2027*^

 429

SALONA Share Price Target Prediction for 2028*^

 442

SALONA Share Price Target Prediction for 2030*^

 482
SALONA Current Book Value 2023
140.1

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

SALONA Technical Analysis

Candlestick Pattern: @298.4

SALONA Moving Averages

BUY (9) NEUTRAL (0) SELL (5)
MA Simple Action S1 Expo Action E2
MA_5 284.53 BUY 289.75 BUY
MA_12 294.14 BUY 292.79 BUY
MA_20 294.3 BUY 294.99 BUY
MA_32 300.64 SELL 298.23 BUY
MA_50 302.31 SELL 300.33 SELL
MA_100 305.71 SELL 300.64 SELL
MA_200 290.48 BUY 291.88 BUY

SALONA Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 294.3 Uptrend
MACD -0.68 SELL
ADX 12.61 NO or Weak Trend
DMI (+/-) 23.49 / 19.29 Uptrend

SALONA Momentum Oscillators

BUY (1) NEUTRAL (9) SELL (2)
Momentum Oscillators Value Action
RSI 50.79 Neutral
STOCHASTIC_K (Fast) 48.59 Neutral
STOCHASTIC_D (Slow) 22.48 Neutral
CCI -18.02 Neutral
PSAR 329.16 SELL
TRUE RANGE 19.35 Neutral
ATR 16.83 Neutral
WILLIAMS R -64 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 47.19 Neutral
MOMENTUM -12.7 SELL

SALONA Last 1 Year Trend

Duration Value
1 Year 16.88%
3 Months -11.49%
1 Month -4.08%
1 Week -1.47%

SALONA Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 40%
NEUTRAL / HOLD 33%
SELL 27%

Most popular Questions & Answers about SALONA


Salona Cotspin Limited stock last traded price is 305.90. SALONA share price moved Up by 3.80% from its previous close of Rs 296.8.

Salona Cotspin Limited share price trend is Up with a total of 1001 stocks traded till now. It has touched an intraday high of Rs 360.57 and an intraday low of Rs 298.80. The SALONA trading at 305.90, Up by Rs. 11.20, or 3.80 percent which suggests that most of the Traders are anticipating that the price of SALONA share should go Up and the Stop Loss will be around 303.27.

The market cap of Salona Cotspin Limited is ₹163.9 (in Cr) as of May 17, 2024.

The current price to earning ratio for Salona Cotspin Limited as of May 17, 2024 is 33.23.

The current price to book ratio for Salona Cotspin Limited as of May 17, 2024 is 2.17.

The highest price of Salona Cotspin Limited stock is ₹357.00 in the last 52-week.

The lowest price of Salona Cotspin Limited stock is ₹236.05 in the last 52-week.

Salona Cotspin Limited share trading at ₹305.90, Up by Rs. 11.20, or 3.80 percent which suggests that most of the traders are anticipating that the price of SALONA share should go Up.

In 2023, Stock price target for Salona Cotspin Limited (SALONA) are ₹284.9 on downside and ₹358.8 on upside. Salona Cotspin Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Salona Cotspin Limited (SALONA) are ₹358.8 on downside and ₹382.2 on upside. Salona Cotspin Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Salona Cotspin Limited (SALONA) are ₹382.2 on downside and ₹409 on upside. Salona Cotspin 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 Salona Cotspin Limited (SALONA) will be around ₹442 Salona Cotspin Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SALONA.

As per the fundamental analysis of Salona Cotspin Limited (SALONA), it is of Standard quality in terms of earnings and profit margins with an EPS of 15.9. Salona Cotspin Limited book value per share as of today is 140.84. The current price to book ratio for SALONA as of May 18, 2024 is 2.17.


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


Peer Comparison of NSE: SALONA

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 40.20 0.87 8.1
VTL 461.95 21.01 286.82
ICIL 391.80 15.23 89.1
NITINSPIN 343.25 23.39 203.9
AMBIKCO 1537.50 113.57 1426.4
VISHAL 22.05 1.49 19.75
NAHARPOLY 193.10 0 195.09
DCMNVL 74.15 0 4.23
MARALOVER 73.25 0 31.69
GINNIFILA 36.25 0 32.56
Updated at: 17 May 2024 15:43

Feel free to contact us, in case of any queries.

SITEMAP 1632
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3057.00 15.35 (0.5%) | ADANIGREEN 1833.00 -11.40 (-0.62%) | ADANIPORTS 1335.70 -9.35 (-0.7%) | ADANITRANS 1035.15 4.15 (0.4%) | AMBUJACEM 620.70 5.30 (0.86%) | APOLLOHOSP 5953.05 21.35 (0.36%) | ASIANPAINT 2809.90 -4.15 (-0.15%) | ATGL 913.65 6.85 (0.76%) | AUROPHARMA 1185.70 20.65 (1.77%) | AXISBANK 1141.35 2.05 (0.18%) | BAJAJ-AUTO 8787.00 -84.85 (-0.96%) | BAJAJFINSV 1587.00 -9.00 (-0.56%) | BAJFINANCE 6727.40 -19.75 (-0.29%) | BALKRISIND 2797.75 133.20 (5%) | BANDHANBNK 181.15 1.55 (0.86%) | BANKBARODA 261.90 -1.00 (-0.38%) | BEL 248.20 10.30 (4.33%) | BERGEPAINT 491.85 1.85 (0.38%) | BHARTIARTL 1344.45 -0.65 (-0.05%) | BIOCON 305.85 0.10 (0.03%) | BOSCHLTD 31027.75 -13.80 (-0.04%) | BPCL 628.30 9.55 (1.54%) | BRITANNIA 5086.80 -50.95 (-0.99%) | CADILAHC 1051.40 42.40 (4.2%) | CIPLA 1399.05 -22.05 (-1.55%) | COALINDIA 470.25 1.95 (0.42%) | COLPAL 2682.00 -4.30 (-0.16%) | DABUR 536.00 -6.05 (-1.12%) | DIVISLAB 3910.75 -20.40 (-0.52%) | DLF 848.80 7.30 (0.87%) | DMART 4682.90 11.65 (0.25%) | DRREDDY 5799.55 -50.85 (-0.87%) | EICHERMOT 4693.90 12.15 (0.26%) | GAIL 203.90 8.45 (4.32%) | GLAND 1791.25 11.60 (0.65%) | GODREJCP 1295.10 -7.65 (-0.59%) | GRASIM 2423.65 51.05 (2.15%) | GUJGASLTD 556.50 5.60 (1.02%) | HAVELLS 1819.00 41.30 (2.32%) | HCLTECH 1333.20 -14.95 (-1.11%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3790.15 5.65 (0.15%) | HDFCBANK 1464.10 3.85 (0.26%) | HDFCLIFE 570.60 0.40 (0.07%) | HEROMOTOCO 5089.20 -52.15 (-1.01%) | HINDALCO 655.45 2.10 (0.32%) | HINDUNILVR 2320.35 -22.80 (-0.97%) | HINDZINC 588.00 4.70 (0.81%) | ICICIBANK 1130.50 -0.55 (-0.05%) | ICICIGI 1669.55 -7.25 (-0.43%) | ICICIPRULI 590.20 0.15 (0.03%) | INDIGO 4370.00 79.60 (1.86%) | INDUSINDBK 1412.35 3.60 (0.26%) | INDUSTOWER 344.45 3.45 (1.01%) | INFY 1445.00 -8.35 (-0.57%) | IOB 62.05 0.00 (0%) | IOC 164.05 1.20 (0.74%) | ITC 436.30 4.85 (1.12%) | JSWSTEEL 907.45 21.05 (2.37%) | KOTAKBANK 1696.55 24.50 (1.47%) | LT 3450.75 -9.85 (-0.28%) | LTI 4764.30 -6.90 (-0.14%) | LUPIN 1651.75 -11.20 (-0.67%) | M&M 2514.60 142.85 (6.02%) | MARICO 599.00 7.75 (1.31%) | MARUTI 12641.50 143.85 (1.15%) | MCDOWELL-N 1182.55 5.45 (0.46%) | MOTHERSUMI 129.35 2.10 (1.65%) | MUTHOOTFIN 1695.55 16.00 (0.95%) | NAUKRI 6222.00 355.25 (6.06%) | NESTLEIND 2448.00 -20.35 (-0.82%) | NMDC 276.65 11.65 (4.4%) | NTPC 365.45 4.00 (1.11%) | ONGC 277.45 -0.20 (-0.07%) | PEL 827.20 3.35 (0.41%) | PIDILITIND 2986.95 -31.15 (-1.03%) | PIIND 3590.00 -18.30 (-0.51%) | PNB 125.10 -0.05 (-0.04%) | POWERGRID 316.70 3.55 (1.13%) | RELIANCE 2871.40 20.70 (0.73%) | SAIL 166.90 3.30 (2.02%) | SBICARD 714.90 1.15 (0.16%) | SBILIFE 1434.20 -18.00 (-1.24%) | SBIN 817.85 5.90 (0.73%) | SHREECEM 26305.80 620.20 (2.41%) | SIEMENS 7185.35 141.50 (2.01%) | SRF 2280.35 9.60 (0.42%) | SUNPHARMA 1529.05 -7.25 (-0.47%) | TATACONSUM 1096.00 -3.75 (-0.34%) | TATAMOTORS 945.70 9.30 (0.99%) | TATAMTRDVR 636.75 8.70 (1.39%) | TATASTEEL 167.35 1.45 (0.87%) | TCS 3834.10 -66.85 (-1.71%) | TECHM 1305.40 -2.55 (-0.19%) | TITAN 3361.15 27.25 (0.82%) | TORNTPHARM 2710.40 11.70 (0.43%) | ULTRACEMCO 9890.35 181.25 (1.87%) | UPL 511.05 1.05 (0.21%) | VEDL 442.65 9.60 (2.22%) | WIPRO 461.00 -3.45 (-0.74%) |