Alicon Castalloy Limited
Share Price Target & Analysis

NSE:ALICON

855.09

VWAP

850.00

Open

846.7

Close

869.05

High

847.00

Low

1069.90

52 Week High

859.40
12.70 (1.50%)

ALICON

(INDUSTRIAL MANUFACTURING)
50.2% Momentum

Turnaround Potential

647.05

52 Week Low

25.44

EPS

27.70

PE

2.94

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: ALICON Share Price Financial Analysis & Valuation

Alicon Castalloy Limited (ALICON) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Castings & Forgings vertical. It is one of Small Cap company with Market Capitalization of Rs 1262.3 (in Cr). Total number of free float shares are 1.4 (in Lacs). Alicon Castalloy Limited is listed on NSE with Exchange ID - INE062D01024 and trading code is NSE:ALICON with short name Alicon Castallo.

In the past 1 year, Alicon Castalloy Limited has declared an equity dividend of Rs 2.25 per share. At the current share price of ALICON at Rs 859.40, this results in a dividend yield of 0.26 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:ALICON, it is clearly understood that ALICON is Economical performer in terms of earnings and profit margins with an EPS of 25.44. NSE:ALICON book value per share as of today is 292.00. The current price to book ratio for ALICON as of May 15, 2024 is 2.94.

Valuation of the Stock: The current valuation of ALICON 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 ALICON whether to BUY this stock at current valuation. The delivery percentage of ALICON is 78.67% is very crucial parameter which shows that 78.67% investors are anticipating that the price of ALICON share should go up with VWAP at 855.09.

Now, the main question is whether to BUY or SELL, NSE:ALICON at current valuation.
As per latest Analysis No. #558:-

STRONG BUY ALICON if All Greens

BUY ALICON (at Lower Levels) if any 2 Greens

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

SELL ALICON if NO Green Indicator

NSE: ALICON Share Price Today (May 15, 2024)

(Alicon Castalloy Limited Daily Analysis on the basis of ALICON Intraday Graph & Trend)

Alicon Castalloy Limited share price moved Up by 1.50% from its previous close of Rs 846.7. ALICON stock last traded price is 859.40. ALICON share price trend is Up with a total of 20024 stocks traded till now. It has touched an intraday high of Rs 869.05 and an intraday low of Rs 847.00. The ALICON trading at 859.40, Up by Rs. 12.70, or 1.50 percent which suggests that most of the Traders are anticipating that the price of ALICON share should go Up.

NSE: ALICON Share Price Tomorrow Prediction

(Alicon Castalloy Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ALICON)

Alicon Castalloy Limited share price moved Up by 1.50%. ALICON share price short term trend is Up. It suggests that ALICON Share Price for Tomorrow remains the same with VWAP at 855.09 will be treated as stop loss for intraday traders. Alicon Castalloy Limited Long term investors can follow the ALICON long term trend as mentiond in future forecast table.

NSE Code

NSE: ALICON

ALICON Share Price Today

859.40

ALICON Share Price Target Prediction for 2024 ^

678.4 - 911.4

ALICON Share Price Target Prediction for 2025*^

911.4 - 1145.4

ALICON Share Price Target Prediction for 2026*^

1145.4 - 1225.6

ALICON Share Price Target Prediction for 2027*^

1287

ALICON Share Price Target Prediction for 2028*^

1324

ALICON Share Price Target Prediction for 2030*^

1443
ALICON Current Book Value 2023
290.5

*Alicon Castalloy Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^ALICON 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.

ALICON Technical Analysis

Candlestick Pattern: @954.75

ALICON Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 937.63 BUY 936.62 BUY
MA_12 905.03 BUY 911.19 BUY
MA_20 889.48 BUY 899.19 BUY
MA_32 867.2 BUY 891.37 BUY
MA_50 884.58 BUY 890.26 BUY
MA_100 902.46 BUY 887.43 BUY
MA_200 870.19 BUY 869.32 BUY

ALICON Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 889.48 Uptrend
MACD 9.61 BUY
ADX 27.69 Strong Trend
DMI (+/-) 29.15 / 9.5 Uptrend

ALICON Momentum Oscillators

BUY (9) NEUTRAL (3) SELL (0)
Momentum Oscillators Value Action
RSI 67.29 Neutral
STOCHASTIC_K (Fast) 69.18 Neutral
STOCHASTIC_D (Slow) 81.11 Overbought
CCI 151.23 BUY
PSAR 897.57 BUY
TRUE RANGE 44.8 BUY
ATR 32.31 BUY
WILLIAMS R -19.41 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 85.99 Overbought
MOMENTUM 144 BUY

ALICON Last 1 Year Trend

Duration Value
1 Year 21.06%
3 Months -2.64%
1 Month 17.76%
1 Week 4.66%

ALICON Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 90%
NEUTRAL / HOLD 10%
SELL 0%

Most popular Questions & Answers about ALICON


Alicon Castalloy Limited stock last traded price is 859.40. ALICON share price moved Up by 1.50% from its previous close of Rs 846.7.

Alicon Castalloy Limited share price trend is Up with a total of 20024 stocks traded till now. It has touched an intraday high of Rs 1080.599 and an intraday low of Rs 847.00. The ALICON trading at 859.40, Up by Rs. 12.70, or 1.50 percent which suggests that most of the Traders are anticipating that the price of ALICON share should go Up and the Stop Loss will be around 855.09.

The market cap of Alicon Castalloy Limited is ₹1262.3 (in Cr) as of May 14, 2024.

The current price to earning ratio for Alicon Castalloy Limited as of May 14, 2024 is 27.70.

The current price to book ratio for Alicon Castalloy Limited as of May 14, 2024 is 2.94.

The highest price of Alicon Castalloy Limited stock is ₹1069.90 in the last 52-week.

The lowest price of Alicon Castalloy Limited stock is ₹647.05 in the last 52-week.

Alicon Castalloy Limited share trading at ₹859.40, Up by Rs. 12.70, or 1.50 percent which suggests that most of the traders are anticipating that the price of ALICON share should go Up.

In 2023, Stock price target for Alicon Castalloy Limited (ALICON) are ₹678.4 on downside and ₹911.4 on upside. Alicon Castalloy Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Alicon Castalloy Limited (ALICON) are ₹911.4 on downside and ₹1145.4 on upside. Alicon Castalloy Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Alicon Castalloy Limited (ALICON) are ₹1145.4 on downside and ₹1225.6 on upside. Alicon Castalloy 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 Alicon Castalloy Limited (ALICON) will be around ₹1324 Alicon Castalloy Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ALICON.

As per the fundamental analysis of Alicon Castalloy Limited (ALICON), it is of Economical quality in terms of earnings and profit margins with an EPS of 25.44. Alicon Castalloy Limited book value per share as of today is 292.00. The current price to book ratio for ALICON as of May 15, 2024 is 2.94.


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


Peer Comparison of NSE: ALICON

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

Sector: Castings & Forgings

Company Price EPS BV
STEELCAS 658.65 37.47 106.33
BHARATFORG 1440.85 30.61 184.04
AIAENG 3774.50 103.11 580.26
RKFORGE 704.85 18.04 73.48
JAYNECOIND 48.80 2.16 23.31
ELECTCAST 177.00 10.01 68.71
MMFL 1143.65 55.93 285.3
ALICON 859.40 25.44 292
NELCAST 143.15 6.19 60.09
LGBFORGE 10.35 0 1.27
Updated at: 14 May 2024 15:49

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