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Signet Industries Limited
Share Price Target & Analysis

NSE:SIGIND

84.62

VWAP

83.90

Open

83.75

Close

85.90

High

83.50

Low

89.40

52 Week High

84.10 ⇧
0.15 (0.18%)

SIGIND

(FINANCIAL SERVICES)
89.9% Momentum

Trending & Favourite

36.80

52 Week Low

5.62

EPS

16.50

PE

1.2

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: SIGIND Share Price Financial Analysis & Valuation

Signet Industries Limited (SIGIND) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Finance - Investments vertical. It is one of Micro Cap company with Market Capitalization of Rs 195.3 (in Cr). Total number of free float shares are 2.9 (in Lacs). Signet Industries Limited is listed on NSE with Exchange ID - INE529F01035 and trading code is NSE:SIGIND with short name Signet Ind.

In the past 1 year, Signet Industries Limited has declared an equity dividend of Rs 0.5 per share. At the current share price of SIGIND at Rs 84.10, this results in a dividend yield of 0.59 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:SIGIND, it is clearly understood that SIGIND is Standard performer in terms of earnings and profit margins with an EPS of 5.62. NSE:SIGIND book value per share as of today is 70.14. The current price to book ratio for SIGIND as of May 18, 2024 is 1.2.

Valuation of the Stock: The current valuation of SIGIND stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SIGIND whether to BUY this stock at current valuation. The delivery percentage of SIGIND is 56.43% is very crucial parameter which shows that 56.43% investors are anticipating that the price of SIGIND share should go up with VWAP at 84.62.

Now, the main question is whether to BUY or SELL, NSE:SIGIND at current valuation.
As per latest Analysis No. #521:-

⇑ STRONG BUY SIGIND if All Greens

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

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

⇘ SELL SIGIND if NO Green Indicator

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

(Signet Industries Limited Daily Analysis on the basis of SIGIND Intraday Graph & Trend)

Signet Industries Limited share price moved Up by 0.18% from its previous close of Rs 83.75. SIGIND stock last traded price is 84.10. SIGIND share price trend is Up with a total of 38432 stocks traded till now. It has touched an intraday high of Rs 85.90 and an intraday low of Rs 83.50. The SIGIND trading at 84.10, Up by Rs. 0.15, or 0.18 percent which suggests that most of the Traders are anticipating that the price of SIGIND share should go Up.

NSE: SIGIND Share Price Tomorrow Prediction

(Signet Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SIGIND)

Signet Industries Limited share price moved Up by 0.18%. SIGIND share price short term trend is Up. It suggests that SIGIND Share Price for Tomorrow remains the same with VWAP at 84.62 will be treated as stop loss for intraday traders. Signet Industries Limited Long term investors can follow the SIGIND long term trend as mentiond in future forecast table.

NSE Code

NSE: SIGIND

SIGIND Share Price Today

 84.10

SIGIND Share Price Target Prediction for 2024 ^

 60.8 - 89.8

SIGIND Share Price Target Prediction for 2025*^

 89.8 - 95.7

SIGIND Share Price Target Prediction for 2026*^

 95.7 - 102.4

SIGIND Share Price Target Prediction for 2027*^

 108

SIGIND Share Price Target Prediction for 2028*^

 111

SIGIND Share Price Target Prediction for 2030*^

 121
SIGIND Current Book Value 2023
69.8

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

SIGIND Technical Analysis

Candlestick Pattern: @81.75

SIGIND Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 76.97 BUY 78.48 BUY
MA_12 76.77 BUY 76.65 BUY
MA_20 75.63 BUY 75.53 BUY
MA_32 72.5 BUY 74.01 BUY
MA_50 70.71 BUY 73.03 BUY
MA_100 72.63 BUY 71.14 BUY
MA_200 64.36 BUY 64.88 BUY

SIGIND Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 75.63 Uptrend
MACD 0.25 BUY
ADX 23.5 NO or Weak Trend
DMI (+/-) 24.72 / 11.74 Uptrend

SIGIND Momentum Oscillators

BUY (7) NEUTRAL (5) SELL (0)
Momentum Oscillators Value Action
RSI 65.37 Neutral
STOCHASTIC_K (Fast) 81.26 Overbought
STOCHASTIC_D (Slow) 65.79 Neutral
CCI 170.22 BUY
PSAR 70.6 BUY
TRUE RANGE 4.05 Neutral
ATR 4.87 Neutral
WILLIAMS R -16.61 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 95.05 Overbought
MOMENTUM 10.65 BUY

SIGIND Last 1 Year Trend

Duration Value
1 Year 114.01%
3 Months -0.12%
1 Month 14.98%
1 Week 8.42%

SIGIND Technical Analysis Summary

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

Most popular Questions & Answers about SIGIND


Signet Industries Limited stock last traded price is 84.10. SIGIND share price moved Up by 0.18% from its previous close of Rs 83.75.

Signet Industries Limited share price trend is Up with a total of 38432 stocks traded till now. It has touched an intraday high of Rs 90.294 and an intraday low of Rs 83.50. The SIGIND trading at 84.10, Up by Rs. 0.15, or 0.18 percent which suggests that most of the Traders are anticipating that the price of SIGIND share should go Up and the Stop Loss will be around 84.62.

The market cap of Signet Industries Limited is ₹195.3 (in Cr) as of May 17, 2024.

The current price to earning ratio for Signet Industries Limited as of May 17, 2024 is 16.50.

The current price to book ratio for Signet Industries Limited as of May 17, 2024 is 1.2.

The highest price of Signet Industries Limited stock is ₹89.40 in the last 52-week.

The lowest price of Signet Industries Limited stock is ₹36.80 in the last 52-week.

Signet Industries Limited share trading at ₹84.10, Up by Rs. 0.15, or 0.18 percent which suggests that most of the traders are anticipating that the price of SIGIND share should go Up.

In 2023, Stock price target for Signet Industries Limited (SIGIND) are ₹60.8 on downside and ₹89.8 on upside. Signet Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Signet Industries Limited (SIGIND) are ₹89.8 on downside and ₹95.7 on upside. Signet Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Signet Industries Limited (SIGIND) are ₹95.7 on downside and ₹102.4 on upside. Signet 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 Signet Industries Limited (SIGIND) will be around ₹111 Signet Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SIGIND.

As per the fundamental analysis of Signet Industries Limited (SIGIND), it is of Standard quality in terms of earnings and profit margins with an EPS of 5.62. Signet Industries Limited book value per share as of today is 70.14. The current price to book ratio for SIGIND as of May 18, 2024 is 1.2.


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


Peer Comparison of NSE: SIGIND

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Finance - Investments

Company Price EPS BV
BAJAJFINSV 1587.00 7.35 27.42
ARIHANTCAP 65.50 4.19 22.31
MONARCH 560.60 25.87 62.07
MUTHOOTFIN 1695.55 97.05 524.63
BAJAJHLDNG 8229.00 260.25 1667.82
DELPHIFX 209.55 15.2 185.75
HDFCAMC 3787.80 91.15 259.04
MFSL 1018.05 0 195.65
ABCAPITAL 224.80 2.75 39.53
L&TFH 158.75 5.44 53.64
Updated at: 17 May 2024 15:59

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