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Somi Conveyor Beltings Limited
Share Price Target & Analysis

NSE:SOMICONVEY

174.48

VWAP

0

Open

171.06

Close

174.48

High

174.48

Low

235.58

52 Week High

174.48 ⇧
3.42 (2%)

SOMICONVEY

(CONSUMER GOODS)
59.9% Momentum

Turnaround Potential

83.15

52 Week Low

4.88

EPS

56.09

PE

2.89

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: SOMICONVEY Share Price Financial Analysis & Valuation

Somi Conveyor Beltings Limited (SOMICONVEY) is broadly categorized in CONSUMER GOODS segment industry which deals in Rubber vertical. It is one of Micro Cap company with Market Capitalization of Rs 47.6 (in Cr). Total number of free float shares are 1.2 (in Lacs). Somi Conveyor Beltings Limited is listed on NSE with Exchange ID - INE323J01019 and trading code is NSE:SOMICONVEY with short name Somi Conveyor.

In the past 1 year, Somi Conveyor Beltings Limited has declared an equity dividend of Rs 0 per share. At the current share price of SOMICONVEY at Rs 174.48, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:SOMICONVEY, it is clearly understood that SOMICONVEY is Economical performer in terms of earnings and profit margins with an EPS of 4.88. NSE:SOMICONVEY book value per share as of today is 60.32. The current price to book ratio for SOMICONVEY as of Nov 23, 2024 is 2.89.

Valuation of the Stock: The current valuation of SOMICONVEY stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SOMICONVEY whether to BUY this stock at current valuation. The delivery percentage of SOMICONVEY is 68.5% is very crucial parameter which shows that 68.5% investors are anticipating that the price of SOMICONVEY share should go up with VWAP at 174.48.

Now, the main question is whether to BUY or SELL, NSE:SOMICONVEY at current valuation.
As per latest Analysis No. #497:-

⇑ STRONG BUY SOMICONVEY if All Greens

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

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

⇘ SELL SOMICONVEY if NO Green Indicator

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

(Somi Conveyor Beltings Limited Daily Analysis on the basis of SOMICONVEY Intraday Graph & Trend)

Somi Conveyor Beltings Limited share price moved Up by 2% from its previous close of Rs 171.06. SOMICONVEY stock last traded price is 174.48. SOMICONVEY share price trend is Up with a total of 3263 stocks traded till now. It has touched an intraday high of Rs 174.48 and an intraday low of Rs 174.48. The SOMICONVEY trading at 174.48, Up by Rs. 3.42, or 2 percent which suggests that most of the Traders are anticipating that the price of SOMICONVEY share should go Up.

NSE: SOMICONVEY Share Price Tomorrow Prediction

(Somi Conveyor Beltings Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SOMICONVEY)

Somi Conveyor Beltings Limited share price moved Up by 2%. SOMICONVEY share price short term trend is Up. It suggests that SOMICONVEY Share Price for Tomorrow remains the same with VWAP at 174.48 will be treated as stop loss for intraday traders. Somi Conveyor Beltings Limited Long term investors can follow the SOMICONVEY long term trend as mentiond in future forecast table.

NSE Code

NSE: SOMICONVEY

SOMICONVEY Share Price Today

 174.48

SOMICONVEY Share Price Target Prediction for 2024 ^

 153.6 - 236.7

SOMICONVEY Share Price Target Prediction for 2025*^

 236.7 - 252.2

SOMICONVEY Share Price Target Prediction for 2026*^

 252.2 - 269.9

SOMICONVEY Share Price Target Prediction for 2027*^

 283

SOMICONVEY Share Price Target Prediction for 2028*^

 292

SOMICONVEY Share Price Target Prediction for 2030*^

 318
SOMICONVEY Current Book Value 2023
60

*Somi Conveyor Beltings Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^SOMICONVEY 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.

SOMICONVEY Technical Analysis

Candlestick Pattern: @161.21

SOMICONVEY Moving Averages

BUY (3) NEUTRAL (0) SELL (11)
MA Simple Action S1 Expo Action E2
MA_5 163.17 SELL 161.95 SELL
MA_12 159.24 BUY 161.63 SELL
MA_20 161.92 SELL 162.23 SELL
MA_32 162.61 SELL 164.02 SELL
MA_50 165.33 SELL 165.83 SELL
MA_100 176.31 SELL 165.89 SELL
MA_200 152.39 BUY 149.54 BUY

SOMICONVEY Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 161.92 Downtrend
MACD 0.63 BUY
ADX 14.43 NO or Weak Trend
DMI (+/-) 29.2 / 36.31 Downtrend

SOMICONVEY Momentum Oscillators

BUY (1) NEUTRAL (7) SELL (4)
Momentum Oscillators Value Action
RSI 47.55 Neutral
STOCHASTIC_K (Fast) 27.41 Neutral
STOCHASTIC_D (Slow) 44.6 Neutral
CCI 23.23 Neutral
PSAR 152.59 BUY
TRUE RANGE 3.21 SELL
ATR 4.22 SELL
WILLIAMS R -38.39 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 24.87 Neutral
MOMENTUM -23.3 SELL

SOMICONVEY Last 1 Year Trend

Duration Value
1 Year 57.59%
3 Months -14.89%
1 Month -12.63%
1 Week -0.67%

SOMICONVEY Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 27%
SELL 57%

Most popular Questions & Answers about SOMICONVEY


Somi Conveyor Beltings Limited stock last traded price is 174.48. SOMICONVEY share price moved Up by 2% from its previous close of Rs 171.06.

Somi Conveyor Beltings Limited share price trend is Up with a total of 3263 stocks traded till now. It has touched an intraday high of Rs 237.9358 and an intraday low of Rs 174.48. The SOMICONVEY trading at 174.48, Up by Rs. 3.42, or 2 percent which suggests that most of the Traders are anticipating that the price of SOMICONVEY share should go Up and the Stop Loss will be around 174.48.

The market cap of Somi Conveyor Beltings Limited is ₹47.6 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Somi Conveyor Beltings Limited as of Nov 22, 2024 is 56.09.

The current price to book ratio for Somi Conveyor Beltings Limited as of Nov 22, 2024 is 2.89.

The highest price of Somi Conveyor Beltings Limited stock is ₹235.58 in the last 52-week.

The lowest price of Somi Conveyor Beltings Limited stock is ₹83.15 in the last 52-week.

Somi Conveyor Beltings Limited share trading at ₹174.48, Up by Rs. 3.42, or 2 percent which suggests that most of the traders are anticipating that the price of SOMICONVEY share should go Up.

In 2023, Stock price target for Somi Conveyor Beltings Limited (SOMICONVEY) are ₹153.6 on downside and ₹236.7 on upside. Somi Conveyor Beltings Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Somi Conveyor Beltings Limited (SOMICONVEY) are ₹236.7 on downside and ₹252.2 on upside. Somi Conveyor Beltings Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Somi Conveyor Beltings Limited (SOMICONVEY) are ₹252.2 on downside and ₹269.9 on upside. Somi Conveyor Beltings 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 Somi Conveyor Beltings Limited (SOMICONVEY) will be around ₹292 Somi Conveyor Beltings Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SOMICONVEY.

The price of Somi Conveyor Beltings Limited (SOMICONVEY) shares moved by 2%. The short-term trend for SOMICONVEY share price is Up. It implies that the share price of SOMICONVEY will stay the same tomorrow and that intraday traders should treat VWAP at 174.48 as a stop loss. Investors with a long-term outlook can track SOMICONVEY long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of SOMICONVEY stock is 58.5. Compared to the current market price of 174.48 INR, the SOMICONVEY stock is Overvalued by 66.5%.

As per the fundamental analysis of Somi Conveyor Beltings Limited (SOMICONVEY), it is of Economical quality in terms of earnings and profit margins with an EPS of 4.88. Somi Conveyor Beltings Limited book value per share as of today is 60.32. The current price to book ratio for SOMICONVEY as of Nov 23, 2024 is 2.89.


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


Peer Comparison of NSE: SOMICONVEY

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

Sector: Rubber

Company Price EPS BV
MHLXMIRU 153.91 11.5 49.8
APCOTEXIND 388.65 10.07 100.64
PIXTRANS 2393.50 79.8 337.44
GRPLTD 3220.10 51.32 315.36
SOMICONVEY 174.48 4.88 60.32
Updated at: 22 Nov 2024 15:15

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