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Greenlam Industries Limited
Share Price Target & Analysis

NSE:GREENLAM

589.88

VWAP

599.75

Open

601.05

Close

605.85

High

580.15

Low

637.00

52 Week High

587.95 ⇩
-13.10 (-2.18%)

GREENLAM

(Miscellaneous)
85.4% Momentum

Trending & Favourite

302.10

52 Week Low

12.62

EPS

74.19

PE

8.02

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: GREENLAM Share Price Financial Analysis & Valuation

Greenlam Industries Limited (GREENLAM) is broadly categorized in Miscellaneous segment industry which deals in Miscellaneous vertical. It is one of Small Cap company with Market Capitalization of Rs 4223.5 (in Cr). Total number of free float shares are 2.4 (in Lacs). Greenlam Industries Limited is listed on NSE with Exchange ID - INE544R01021 and trading code is NSE:GREENLAM with short name Greenlam Ind.

In the past 1 year, Greenlam Industries Limited has declared an equity dividend of Rs 1.2 per share. At the current share price of GREENLAM at Rs 587.95, this results in a dividend yield of 0.2 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:GREENLAM, it is clearly understood that GREENLAM is Economical performer in terms of earnings and profit margins with an EPS of 12.62. NSE:GREENLAM book value per share as of today is 73.30. The current price to book ratio for GREENLAM as of May 15, 2024 is 8.02.

Valuation of the Stock: The current valuation of GREENLAM 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 GREENLAM whether to BUY this stock at current valuation. The delivery percentage of GREENLAM is 44.54% is very crucial parameter which shows that 44.54% investors are anticipating that the price of GREENLAM share should go up with VWAP at 589.88.

Now, the main question is whether to BUY or SELL, NSE:GREENLAM at current valuation.
As per latest Analysis No. #726:-

⇑ STRONG BUY GREENLAM if All Greens

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

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

⇘ SELL GREENLAM if NO Green Indicator

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

(Greenlam Industries Limited Daily Analysis on the basis of GREENLAM Intraday Graph & Trend)

Greenlam Industries Limited share price moved Down by -2.18% from its previous close of Rs 601.05. GREENLAM stock last traded price is 587.95. GREENLAM share price trend is Down with a total of 84439 stocks traded till now. It has touched an intraday high of Rs 605.85 and an intraday low of Rs 580.15. The GREENLAM trading at 587.95, Down by Rs. -13.10, or -2.18 percent which suggests that most of the Traders are anticipating that the price of GREENLAM share should go Down.

NSE: GREENLAM Share Price Tomorrow Prediction

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

Greenlam Industries Limited share price moved Down by -2.18%. GREENLAM share price short term trend is Down. It suggests that GREENLAM Share Price for Tomorrow remains the same with VWAP at 589.88 will be treated as stop loss for intraday traders. Greenlam Industries Limited Long term investors can follow the GREENLAM long term trend as mentiond in future forecast table.

NSE Code

NSE: GREENLAM

GREENLAM Share Price Today

 587.95

GREENLAM Share Price Target Prediction for 2024 ^

 451.9 - 640.2

GREENLAM Share Price Target Prediction for 2025*^

 640.2 - 682

GREENLAM Share Price Target Prediction for 2026*^

 682 - 729.7

GREENLAM Share Price Target Prediction for 2027*^

 766

GREENLAM Share Price Target Prediction for 2028*^

 788

GREENLAM Share Price Target Prediction for 2030*^

 859
GREENLAM Current Book Value 2023
72.9

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

GREENLAM Technical Analysis

Candlestick Pattern: @626.65

GREENLAM Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 600.94 BUY 604.24 BUY
MA_12 579 BUY 583.54 BUY
MA_20 570.84 BUY 570.73 BUY
MA_32 534.33 BUY 555.31 BUY
MA_50 534.12 BUY 546.61 BUY
MA_100 534.43 BUY 534.45 BUY
MA_200 504.54 BUY 498.57 BUY

GREENLAM Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 570.84 Uptrend
MACD 4.6 BUY
ADX 34.18 Strong Trend
DMI (+/-) 35.55 / 10.09 Uptrend

GREENLAM Momentum Oscillators

BUY (7) NEUTRAL (5) SELL (0)
Momentum Oscillators Value Action
RSI 69.49 Neutral
STOCHASTIC_K (Fast) 79.15 Neutral
STOCHASTIC_D (Slow) 76.31 Neutral
CCI 162.88 BUY
PSAR 544.73 BUY
TRUE RANGE 30.95 BUY
ATR 24.84 BUY
WILLIAMS R -10.27 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 78.17 Neutral
MOMENTUM 114.75 BUY

GREENLAM Last 1 Year Trend

Duration Value
1 Year 115.64%
3 Months 19.72%
1 Month 22.42%
1 Week 4.92%

GREENLAM Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 83%
NEUTRAL / HOLD 17%
SELL 0%

Most popular Questions & Answers about GREENLAM


Greenlam Industries Limited stock last traded price is 587.95. GREENLAM share price moved Down by -2.18% from its previous close of Rs 601.05.

Greenlam Industries Limited share price trend is Down with a total of 84439 stocks traded till now. It has touched an intraday high of Rs 643.37 and an intraday low of Rs 580.15. The GREENLAM trading at 587.95, Down by Rs. -13.10, or -2.18 percent which suggests that most of the Traders are anticipating that the price of GREENLAM share should go Down and the Stop Loss will be around 589.88.

The market cap of Greenlam Industries Limited is ₹4223.5 (in Cr) as of May 14, 2024.

The current price to earning ratio for Greenlam Industries Limited as of May 14, 2024 is 74.19.

The current price to book ratio for Greenlam Industries Limited as of May 14, 2024 is 8.02.

The highest price of Greenlam Industries Limited stock is ₹637.00 in the last 52-week.

The lowest price of Greenlam Industries Limited stock is ₹302.10 in the last 52-week.

Greenlam Industries Limited share trading at ₹587.95, Down by Rs. -13.10, or -2.18 percent which suggests that most of the traders are anticipating that the price of GREENLAM share should go Down.

In 2023, Stock price target for Greenlam Industries Limited (GREENLAM) are ₹451.9 on downside and ₹640.2 on upside. Greenlam Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Greenlam Industries Limited (GREENLAM) are ₹640.2 on downside and ₹682 on upside. Greenlam Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Greenlam Industries Limited (GREENLAM) are ₹682 on downside and ₹729.7 on upside. Greenlam 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 Greenlam Industries Limited (GREENLAM) will be around ₹788 Greenlam Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of GREENLAM.

As per the fundamental analysis of Greenlam Industries Limited (GREENLAM), it is of Economical quality in terms of earnings and profit margins with an EPS of 12.62. Greenlam Industries Limited book value per share as of today is 73.30. The current price to book ratio for GREENLAM as of May 15, 2024 is 8.02.


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


Peer Comparison of NSE: GREENLAM

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

Sector: Miscellaneous

Company Price EPS BV
GATEWAY 106.60 5.2 34.87
TITAN 3269.90 39.91 162.84
STYLAMIND 1629.40 69.4 243.33
NYKAA 169.75 0.16 5.78
IRCTC 1027.35 13.82 30.98
NAUKRI 5921.50 61.91 832.05
INTLCONV 87.70 10.03 36.24
MALLCOM 1004.30 53.91 308.66
JUBLFOOD 468.00 3.88 32.51
NRL 73.30 1.57 11.18
Updated at: 15 May 2024 15:42

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