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Melstar Information Technologies Limited
Share Price Target & Analysis

NSE:MELSTAR

4.67

VWAP

4.80

Open

4.7

Close

4.85

High

4.60

Low

6.30

52 Week High

4.80 ⇧
0.10 (2.13%)

MELSTAR

(IT)
66.3% Momentum

Sideways to Positive

1.85

52 Week Low

-

EPS

31.08

PE

N/A

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: MELSTAR Share Price Financial Analysis & Valuation

Melstar Information Technologies Limited (MELSTAR) is broadly categorized in IT segment industry which deals in Computers - Software Medium & Small vertical. It is one of Penny Stocks company with Market Capitalization of Rs 7.4 (in Cr). Total number of free float shares are 1.4 (in Lacs). Melstar Information Technologies Limited is listed on NSE with Exchange ID - INE817A01019 and trading code is NSE:MELSTAR with short name Melstar Info.

In the past 1 year, Melstar Information Technologies Limited has declared an equity dividend of Rs 0 per share. At the current share price of MELSTAR at Rs 4.80, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:MELSTAR, it is clearly understood that MELSTAR is Uncertain performer in terms of earnings and profit margins with an EPS of -.

Valuation of the Stock: The current valuation of MELSTAR stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MELSTAR whether to BUY this stock at current valuation.

Now, the main question is whether to BUY or SELL, NSE:MELSTAR at current valuation.
As per latest Analysis No. #806:-

⇑ STRONG BUY MELSTAR if All Greens

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

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

⇘ SELL MELSTAR if NO Green Indicator

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

(Melstar Information Technologies Limited Daily Analysis on the basis of MELSTAR Intraday Graph & Trend)

Melstar Information Technologies Limited share price moved Up by 2.13% from its previous close of Rs 4.7. MELSTAR stock last traded price is 4.80. MELSTAR share price trend is Up with a total of 2071 stocks traded till now. It has touched an intraday high of Rs 4.85 and an intraday low of Rs 4.60. The MELSTAR trading at 4.80, Up by Rs. 0.10, or 2.13 percent which suggests that most of the Traders are anticipating that the price of MELSTAR share should go Up.

NSE: MELSTAR Share Price Tomorrow Prediction

(Melstar Information Technologies Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MELSTAR)

Melstar Information Technologies Limited share price moved Up by 2.13%. MELSTAR share price short term trend is Up. It suggests that MELSTAR Share Price for Tomorrow remains the same with VWAP at 4.67 will be treated as stop loss for intraday traders. Melstar Information Technologies Limited Long term investors can follow the MELSTAR long term trend as mentiond in future forecast table.

NSE Code

NSE: MELSTAR

MELSTAR Share Price Today

 4.80

MELSTAR Share Price Target Prediction for 2024 ^

 3.9 - 6.3

MELSTAR Share Price Target Prediction for 2025*^

 6.3 - 6.6

MELSTAR Share Price Target Prediction for 2026*^

 6.6 - 6.9

MELSTAR Share Price Target Prediction for 2027*^

 7

MELSTAR Share Price Target Prediction for 2028*^

 7

MELSTAR Share Price Target Prediction for 2030*^

 8
MELSTAR Current Book Value 2023
Data Not Available

*Melstar Information Technologies Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^MELSTAR 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.

MELSTAR Technical Analysis

Candlestick Pattern: @4.5

MELSTAR Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 4.62 SELL 4.63 SELL
MA_12 4.9 SELL 4.8 SELL
MA_20 4.94 SELL 4.86 SELL
MA_32 4.94 SELL 4.93 SELL
MA_50 5.03 SELL 4.91 SELL
MA_100 4.95 SELL 4.63 SELL
MA_200 3.42 BUY 3.91 BUY

MELSTAR Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 4.94 Downtrend
MACD -0.06 SELL
ADX 17.55 NO or Weak Trend
DMI (+/-) 19.1 / 29.17 Downtrend

MELSTAR Momentum Oscillators

BUY (0) NEUTRAL (2) SELL (10)
Momentum Oscillators Value Action
RSI 33.45 Neutral
STOCHASTIC_K (Fast) 3.33 Oversold
STOCHASTIC_D (Slow) 4.3 Oversold
CCI -115.33 SELL
PSAR 5.37 SELL
TRUE RANGE 0.1 SELL
ATR 0.18 SELL
WILLIAMS R -100 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -0.15 SELL

MELSTAR Last 1 Year Trend

Duration Value
1 Year 95.65%
3 Months -24.37%
1 Month -3.23%
1 Week -6.25%

MELSTAR Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 10%
SELL 83%

Most popular Questions & Answers about MELSTAR


Melstar Information Technologies Limited stock last traded price is 4.80. MELSTAR share price moved Up by 2.13% from its previous close of Rs 4.7.

Melstar Information Technologies Limited share price trend is Up with a total of 2071 stocks traded till now. It has touched an intraday high of Rs 6.363 and an intraday low of Rs 4.60. The MELSTAR trading at 4.80, Up by Rs. 0.10, or 2.13 percent which suggests that most of the Traders are anticipating that the price of MELSTAR share should go Up and the Stop Loss will be around 4.67.

The market cap of Melstar Information Technologies Limited is ₹7.4 (in Cr) as of May 14, 2024.

The current price to earning ratio for Melstar Information Technologies Limited as of May 14, 2024 is 31.08.

The current price to book ratio for Melstar Information Technologies Limited as of May 14, 2024 is N/A.

The highest price of Melstar Information Technologies Limited stock is ₹6.30 in the last 52-week.

The lowest price of Melstar Information Technologies Limited stock is ₹1.85 in the last 52-week.

Melstar Information Technologies Limited share trading at ₹4.80, Up by Rs. 0.10, or 2.13 percent which suggests that most of the traders are anticipating that the price of MELSTAR share should go Up.

In 2023, Stock price target for Melstar Information Technologies Limited (MELSTAR) are ₹3.9 on downside and ₹6.3 on upside. Melstar Information Technologies Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Melstar Information Technologies Limited (MELSTAR) are ₹6.3 on downside and ₹6.6 on upside. Melstar Information Technologies Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Melstar Information Technologies Limited (MELSTAR) are ₹6.6 on downside and ₹6.9 on upside. Melstar Information Technologies 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 Melstar Information Technologies Limited (MELSTAR) will be around ₹7 Melstar Information Technologies Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MELSTAR.

As per the fundamental analysis of Melstar Information Technologies Limited (MELSTAR), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0.


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


Peer Comparison of NSE: MELSTAR

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

Sector: Computers - Software Medium & Small

Company Price EPS BV
AURUM 152.50 0 60.46
TANLA 894.45 11.35 42.19
BCG 12.25 0.09 7.8
BSOFT 603.45 10.82 44.23
FSL 191.90 4.59 34.59
SONATSOFTW 525.70 12.79 21.93
ECLERX 2305.15 75.28 236.58
VAKRANGEE 26.30 0.04 25.5
RSYSTEMS 428.90 14.57 40.81
DATAMATICS 546.20 14.62 130.08
Updated at: 15 May 2024 09:47

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