NIFTY 23907.25 BANK 51135.40

Shiva Texyarn Limited
Share Price Target & Analysis

NSE:SHIVATEX

229.61

VWAP

235

Open

229.14

Close

235

High

222

Low

299

52 Week High

227.61 ⇩
-1.53 (-0.67%)

SHIVATEX

(TEXTILES)
56.5% Momentum

Turnaround Potential

135

52 Week Low

1.21

EPS

32.08

PE

2.4

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: SHIVATEX Share Price Financial Analysis & Valuation

Shiva Texyarn Limited (SHIVATEX) 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 359.7 (in Cr). Total number of free float shares are 1.3 (in Lacs). Shiva Texyarn Limited is listed on NSE with Exchange ID - INE705C01020 and trading code is NSE:SHIVATEX with short name Shiva Texyarn.

In the past 1 year, Shiva Texyarn Limited has declared an equity dividend of Rs 1.4 per share. At the current share price of SHIVATEX at Rs 227.61, this results in a dividend yield of 0.62 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:SHIVATEX, it is clearly understood that SHIVATEX is Economical performer in terms of earnings and profit margins with an EPS of 1.21. NSE:SHIVATEX book value per share as of today is 94.78. The current price to book ratio for SHIVATEX as of Nov 23, 2024 is 2.4.

Valuation of the Stock: The current valuation of SHIVATEX 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 SHIVATEX whether to BUY this stock at current valuation. The delivery percentage of SHIVATEX is 57.25% is very crucial parameter which shows that 57.25% investors are anticipating that the price of SHIVATEX share should go up with VWAP at 229.61.

Now, the main question is whether to BUY or SELL, NSE:SHIVATEX at current valuation.
As per latest Analysis No. #847:-

⇑ STRONG BUY SHIVATEX if All Greens

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

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

⇘ SELL SHIVATEX if NO Green Indicator

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

(Shiva Texyarn Limited Daily Analysis on the basis of SHIVATEX Intraday Graph & Trend)

Shiva Texyarn Limited share price moved Down by -0.67% from its previous close of Rs 229.14. SHIVATEX stock last traded price is 227.61. SHIVATEX share price trend is Down with a total of 7253 stocks traded till now. It has touched an intraday high of Rs 235 and an intraday low of Rs 222. The SHIVATEX trading at 227.61, Down by Rs. -1.53, or -0.67 percent which suggests that most of the Traders are anticipating that the price of SHIVATEX share should go Down.

NSE: SHIVATEX Share Price Tomorrow Prediction

(Shiva Texyarn Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SHIVATEX)

Shiva Texyarn Limited share price moved Down by -0.67%. SHIVATEX share price short term trend is Down. It suggests that SHIVATEX Share Price for Tomorrow remains the same with VWAP at 229.61 will be treated as stop loss for intraday traders. Shiva Texyarn Limited Long term investors can follow the SHIVATEX long term trend as mentiond in future forecast table.

NSE Code

NSE: SHIVATEX

SHIVATEX Share Price Today

 227.61

SHIVATEX Share Price Target Prediction for 2024 ^

 208.9 - 300.5

SHIVATEX Share Price Target Prediction for 2025*^

 300.5 - 320.1

SHIVATEX Share Price Target Prediction for 2026*^

 320.1 - 342.5

SHIVATEX Share Price Target Prediction for 2027*^

 360

SHIVATEX Share Price Target Prediction for 2028*^

 370

SHIVATEX Share Price Target Prediction for 2030*^

 403
SHIVATEX Current Book Value 2023
94.3

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

SHIVATEX Technical Analysis

Candlestick Pattern: @233.72

SHIVATEX Moving Averages

BUY (8) NEUTRAL (0) SELL (6)
MA Simple Action S1 Expo Action E2
MA_5 245.4 SELL 238 SELL
MA_12 241.46 SELL 239.46 SELL
MA_20 238.92 SELL 236.37 SELL
MA_32 228.35 BUY 228.46 BUY
MA_50 215.02 BUY 220.6 BUY
MA_100 200.95 BUY 207.25 BUY
MA_200 181.74 BUY 186.37 BUY

SHIVATEX Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 238.92 Downtrend
MACD -2.54 SELL
ADX 41.18 Strong Trend
DMI (+/-) 28.87 / 16.53 Uptrend

SHIVATEX Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 50.58 Neutral
STOCHASTIC_K (Fast) 10.48 Oversold
STOCHASTIC_D (Slow) 11.85 Oversold
CCI -22.03 Neutral
PSAR 294.48 SELL
TRUE RANGE 39.13 Neutral
ATR 20.97 Neutral
WILLIAMS R -82.66 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 18.48 Oversold
STOCHASTIC RSI D 6.16 Oversold
MOMENTUM -8.29 SELL

SHIVATEX Last 1 Year Trend

Duration Value
1 Year 81.81%
3 Months 28.75%
1 Month -3.43%
1 Week -6.94%

SHIVATEX Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 33%
NEUTRAL / HOLD 17%
SELL 50%

Most popular Questions & Answers about SHIVATEX


Shiva Texyarn Limited stock last traded price is 227.61. SHIVATEX share price moved Down by -0.67% from its previous close of Rs 229.14.

Shiva Texyarn Limited share price trend is Down with a total of 7253 stocks traded till now. It has touched an intraday high of Rs 301.99 and an intraday low of Rs 222. The SHIVATEX trading at 227.61, Down by Rs. -1.53, or -0.67 percent which suggests that most of the Traders are anticipating that the price of SHIVATEX share should go Down and the Stop Loss will be around 229.61.

The market cap of Shiva Texyarn Limited is ₹359.7 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Shiva Texyarn Limited as of Nov 22, 2024 is 32.08.

The current price to book ratio for Shiva Texyarn Limited as of Nov 22, 2024 is 2.4.

The highest price of Shiva Texyarn Limited stock is ₹299 in the last 52-week.

The lowest price of Shiva Texyarn Limited stock is ₹135 in the last 52-week.

Shiva Texyarn Limited share trading at ₹227.61, Down by Rs. -1.53, or -0.67 percent which suggests that most of the traders are anticipating that the price of SHIVATEX share should go Down.

In 2023, Stock price target for Shiva Texyarn Limited (SHIVATEX) are ₹208.9 on downside and ₹300.5 on upside. Shiva Texyarn Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Shiva Texyarn Limited (SHIVATEX) are ₹300.5 on downside and ₹320.1 on upside. Shiva Texyarn Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Shiva Texyarn Limited (SHIVATEX) are ₹320.1 on downside and ₹342.5 on upside. Shiva Texyarn 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 Shiva Texyarn Limited (SHIVATEX) will be around ₹370 Shiva Texyarn Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SHIVATEX.

The price of Shiva Texyarn Limited (SHIVATEX) shares moved by -0.67%. The short-term trend for SHIVATEX share price is Down. It implies that the share price of SHIVATEX will stay the same tomorrow and that intraday traders should treat VWAP at 229.61 as a stop loss. Investors with a long-term outlook can track SHIVATEX long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of SHIVATEX stock is 14.5. Compared to the current market price of 227.61 INR, the SHIVATEX stock is Overvalued by 93.6%.

As per the fundamental analysis of Shiva Texyarn Limited (SHIVATEX), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.21. Shiva Texyarn Limited book value per share as of today is 94.78. The current price to book ratio for SHIVATEX as of Nov 23, 2024 is 2.4.


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


Peer Comparison of NSE: SHIVATEX

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 31.44 0.64 8.46
VTL 439.45 27.47 304.49
ICIL 325.20 15.7 103.38
NITINSPIN 376.85 27.61 203.9
AMBIKCO 1430.85 113.03 1500.25
VISHAL 22.05 1.49 19.75
NAHARPOLY 257.73 2.33 197.21
DCMNVL 90.22 0 4.17
MARALOVER 71.90 0 31.69
GINNIFILA 27.44 0 22.72
Updated at: 22 Nov 2024 15:40

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