Shiva Texyarn Limited
Share Price Target & Analysis

NSE:SHIVATEX

155.05

VWAP

155.75

Open

154.7

Close

155.75

High

154.00

Low

201.00

52 Week High

154.00
0.05 (0.03%)

SHIVATEX

(TEXTILES)
46.6% Momentum

Turnaround Potential

113.00

52 Week Low

-

EPS

33.23

PE

1.49

PB

Uncertain
Quality

Unclear
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 154.00, this results in a dividend yield of 0.91 %.

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 Uncertain performer in terms of earnings and profit margins with an EPS of -. NSE:SHIVATEX book value per share as of today is 103.46. The current price to book ratio for SHIVATEX as of May 18, 2024 is 1.49.

Valuation of the Stock: The current valuation of SHIVATEX stock is like Unclear which means currently the stock is Confusing. 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 61.94% is very crucial parameter which shows that 61.94% investors are anticipating that the price of SHIVATEX share should go up with VWAP at 155.05.

Now, the main question is whether to BUY or SELL, NSE:SHIVATEX at current valuation.
As per latest Analysis No. #758:-

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 (May 18, 2024)

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

Shiva Texyarn Limited share price moved Up by 0.03% from its previous close of Rs 154.7. SHIVATEX stock last traded price is 154.00. SHIVATEX share price trend is Up with a total of 42 stocks traded till now. It has touched an intraday high of Rs 155.75 and an intraday low of Rs 154.00. The SHIVATEX trading at 154.00, Up by Rs. 0.05, or 0.03 percent which suggests that most of the Traders are anticipating that the price of SHIVATEX share should go Up.

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 Up by 0.03%. SHIVATEX share price short term trend is Up. It suggests that SHIVATEX Share Price for Tomorrow remains the same with VWAP at 155.05 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

154.00

SHIVATEX Share Price Target Prediction for 2024 ^

118.5 - 166.7

SHIVATEX Share Price Target Prediction for 2025*^

166.7 - 173.4

SHIVATEX Share Price Target Prediction for 2026*^

173.4 - 182.1

SHIVATEX Share Price Target Prediction for 2027*^

191

SHIVATEX Share Price Target Prediction for 2028*^

193

SHIVATEX Share Price Target Prediction for 2030*^

208
SHIVATEX Current Book Value 2023
102.9

*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: @152.65

SHIVATEX Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 159.67 SELL 159.22 SELL
MA_12 164.89 SELL 162.83 SELL
MA_20 165.81 SELL 163.17 SELL
MA_32 161.63 SELL 162.26 SELL
MA_50 158.29 SELL 160.98 SELL
MA_100 159.14 SELL 157.8 SELL
MA_200 149.59 BUY 151.09 BUY

SHIVATEX Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 157.67 OverSold
MACD -1.93 SELL
ADX 16.2 NO or Weak Trend
DMI (+/-) 11.55 / 22.74 Downtrend

SHIVATEX Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 34.68 Neutral
STOCHASTIC_K (Fast) 4.43 Oversold
STOCHASTIC_D (Slow) 12.93 Oversold
CCI -195.11 SELL
PSAR 171.9 SELL
TRUE RANGE 10.8 Neutral
ATR 6.8 Neutral
WILLIAMS R -98.42 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 4.02 Oversold
MOMENTUM -16.15 SELL

SHIVATEX Last 1 Year Trend

Duration Value
1 Year 24.56%
3 Months -14.53%
1 Month -9.57%
1 Week -8.76%

SHIVATEX Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 17%
SELL 77%

Most popular Questions & Answers about SHIVATEX


Shiva Texyarn Limited stock last traded price is 154.00. SHIVATEX share price moved Up by 0.03% from its previous close of Rs 154.7.

Shiva Texyarn Limited share price trend is Up with a total of 42 stocks traded till now. It has touched an intraday high of Rs 203.01 and an intraday low of Rs 154.00. The SHIVATEX trading at 154.00, Up by Rs. 0.05, or 0.03 percent which suggests that most of the Traders are anticipating that the price of SHIVATEX share should go Up and the Stop Loss will be around 155.05.

The market cap of Shiva Texyarn Limited is ₹359.7 (in Cr) as of May 17, 2024.

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

The current price to book ratio for Shiva Texyarn Limited as of May 17, 2024 is 1.49.

The highest price of Shiva Texyarn Limited stock is ₹201.00 in the last 52-week.

The lowest price of Shiva Texyarn Limited stock is ₹113.00 in the last 52-week.

Shiva Texyarn Limited share trading at ₹154.00, Up by Rs. 0.05, or 0.03 percent which suggests that most of the traders are anticipating that the price of SHIVATEX share should go Up.

In 2023, Stock price target for Shiva Texyarn Limited (SHIVATEX) are ₹118.5 on downside and ₹166.7 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 ₹166.7 on downside and ₹173.4 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 ₹173.4 on downside and ₹182.1 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 ₹193 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.

As per the fundamental analysis of Shiva Texyarn Limited (SHIVATEX), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Shiva Texyarn Limited book value per share as of today is 103.46. The current price to book ratio for SHIVATEX as of May 18, 2024 is 1.49.


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 40.20 0.87 8.1
VTL 466.00 21.01 286.82
ICIL 391.80 15.23 89.1
NITINSPIN 343.25 23.39 203.9
AMBIKCO 1546.00 113.57 1426.4
VISHAL 22.05 1.49 19.75
NAHARPOLY 193.10 0 195.09
DCMNVL 74.00 0 4.23
MARALOVER 75.70 0 31.69
GINNIFILA 37.00 0 32.56
Updated at: 17 May 2024 15:32

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