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Signet Industries Limited
Share Price Target & Analysis

NSE:SIGIND

67.34

VWAP

67.2

Open

66.33

Close

69

High

65.66

Low

97.35

52 Week High

66.91 ⇧
0.58 (0.87%)

SIGIND

(FINANCIAL SERVICES)
22.6% Momentum

Turnaround Potential

58

52 Week Low

4.26

EPS

27.7

PE

0.89

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 66.91, this results in a dividend yield of 0.75 %.

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 4.26. NSE:SIGIND book value per share as of today is 74.76. The current price to book ratio for SIGIND as of Nov 23, 2024 is 0.89.

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 43.88% is very crucial parameter which shows that 43.88% investors are anticipating that the price of SIGIND share should go up with VWAP at 67.34.

Now, the main question is whether to BUY or SELL, NSE:SIGIND at current valuation.
As per latest Analysis No. #636:-

⇑ 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 (Nov 23, 2024)

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

Signet Industries Limited share price moved Up by 0.87% from its previous close of Rs 66.33. SIGIND stock last traded price is 66.91. SIGIND share price trend is Up with a total of 20033 stocks traded till now. It has touched an intraday high of Rs 69 and an intraday low of Rs 65.66. The SIGIND trading at 66.91, Up by Rs. 0.58, or 0.87 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 0.87%. SIGIND share price short term trend is Up. It suggests that SIGIND Share Price for Tomorrow remains the same with VWAP at 67.34 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

 66.91

SIGIND Share Price Target Prediction for 2024 ^

 60.8 - 82.5

SIGIND Share Price Target Prediction for 2025*^

 82.5 - 104.2

SIGIND Share Price Target Prediction for 2026*^

 104.2 - 111.5

SIGIND Share Price Target Prediction for 2027*^

 117

SIGIND Share Price Target Prediction for 2028*^

 120

SIGIND Share Price Target Prediction for 2030*^

 131
SIGIND Current Book Value 2023
74.4

*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: @68.56

SIGIND Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 70.1 SELL 69.96 SELL
MA_12 70.96 SELL 70.46 SELL
MA_20 70.17 SELL 70.64 SELL
MA_32 70.97 SELL 71.19 SELL
MA_50 71.59 SELL 72.01 SELL
MA_100 74.24 SELL 73.61 SELL
MA_200 76.31 SELL 72.78 SELL

SIGIND Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 70.17 Downtrend
MACD -0.02 SELL
ADX 10.77 NO or Weak Trend
DMI (+/-) 16.24 / 19.08 Downtrend

SIGIND Momentum Oscillators

BUY (0) NEUTRAL (6) SELL (6)
Momentum Oscillators Value Action
RSI 44.84 Neutral
STOCHASTIC_K (Fast) 17.23 Oversold
STOCHASTIC_D (Slow) 24.78 Neutral
CCI -107.46 SELL
PSAR 76.32 SELL
TRUE RANGE 3.05 Neutral
ATR 3.79 Neutral
WILLIAMS R -76.49 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 11.27 Oversold
MOMENTUM -2.96 SELL

SIGIND Last 1 Year Trend

Duration Value
1 Year -1.49%
3 Months -13.9%
1 Month -4.14%
1 Week -7.79%

SIGIND Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 23%
SELL 77%

Most popular Questions & Answers about SIGIND


Signet Industries Limited stock last traded price is 66.91. SIGIND share price moved Up by 0.87% from its previous close of Rs 66.33.

Signet Industries Limited share price trend is Up with a total of 20033 stocks traded till now. It has touched an intraday high of Rs 98.3235 and an intraday low of Rs 65.66. The SIGIND trading at 66.91, Up by Rs. 0.58, or 0.87 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 67.34.

The market cap of Signet Industries Limited is ₹195.3 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Signet Industries Limited as of Nov 22, 2024 is 27.7.

The current price to book ratio for Signet Industries Limited as of Nov 22, 2024 is 0.89.

The highest price of Signet Industries Limited stock is ₹97.35 in the last 52-week.

The lowest price of Signet Industries Limited stock is ₹58 in the last 52-week.

Signet Industries Limited share trading at ₹66.91, Up by Rs. 0.58, or 0.87 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 ₹82.5 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 ₹82.5 on downside and ₹104.2 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 ₹104.2 on downside and ₹111.5 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 ₹120 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.

The price of Signet Industries Limited (SIGIND) shares moved by 0.87%. The short-term trend for SIGIND share price is Up. It implies that the share price of SIGIND will stay the same tomorrow and that intraday traders should treat VWAP at 67.34 as a stop loss. Investors with a long-term outlook can track SIGIND long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of SIGIND stock is 51.1. Compared to the current market price of 66.91 INR, the SIGIND stock is Overvalued by 23.6%.

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 4.26. Signet Industries Limited book value per share as of today is 74.76. The current price to book ratio for SIGIND as of Nov 23, 2024 is 0.89.


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 1601.00 9.73 41.14
ARIHANTCAP 99.34 7.34 28.19
MONARCH 397.35 18.7 41.92
MUTHOOTFIN 1926.40 109.93 605.04
BAJAJHLDNG 10458.30 214.48 1692.37
DELPHIFX 221.45 9.44 199.22
HDFCAMC 4220.00 103.5 331.29
MFSL 1166.45 0 195.65
ABCAPITAL 186.48 4.08 53.52
L&TFH 170.87 5.44 93.07
Updated at: 22 Nov 2024 15:59

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