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Niraj Cement Structurals Limited
Share Price Target & Analysis

NSE:NIRAJ

42.72

VWAP

44.00

Open

42.45

Close

44.00

High

42.20

Low

65.00

52 Week High

42.80 ⇧
0.35 (0.82%)

NIRAJ

(CEMENT & CEMENT PRODUCTS)
44.2% Momentum

Turnaround Potential

25.25

52 Week Low

1.18

EPS

40.78

PE

0.99

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: NIRAJ Share Price Financial Analysis & Valuation

Niraj Cement Structurals Limited (NIRAJ) is broadly categorized in CEMENT & CEMENT PRODUCTS segment industry which deals in Cement vertical. It is one of Micro Cap company with Market Capitalization of Rs 132.9 (in Cr). Total number of free float shares are 0 (in Lacs). Niraj Cement Structurals Limited is listed on NSE with Exchange ID - INE368I01016 and trading code is NSE:NIRAJ with short name Niraj Cement.

In the past 1 year, Niraj Cement Structurals Limited has declared an equity dividend of Rs 0 per share. At the current share price of NIRAJ at Rs 42.80, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:NIRAJ, it is clearly understood that NIRAJ is Economical performer in terms of earnings and profit margins with an EPS of 1.18. NSE:NIRAJ book value per share as of today is 43.16. The current price to book ratio for NIRAJ as of May 16, 2024 is 0.99.

Valuation of the Stock: The current valuation of NIRAJ 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 NIRAJ whether to BUY this stock at current valuation. The delivery percentage of NIRAJ is 25.46% is very crucial parameter which shows that 25.46% investors are anticipating that the price of NIRAJ share should go up with VWAP at 42.72.

Now, the main question is whether to BUY or SELL, NSE:NIRAJ at current valuation.
As per latest Analysis No. #2033:-

⇑ STRONG BUY NIRAJ if All Greens

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

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

⇘ SELL NIRAJ if NO Green Indicator

NSE: NIRAJ Share Price Today (May 16, 2024)

(Niraj Cement Structurals Limited Daily Analysis on the basis of NIRAJ Intraday Graph & Trend)

Niraj Cement Structurals Limited share price moved Up by 0.82% from its previous close of Rs 42.45. NIRAJ stock last traded price is 42.80. NIRAJ share price trend is Up with a total of 8750 stocks traded till now. It has touched an intraday high of Rs 44.00 and an intraday low of Rs 42.20. The NIRAJ trading at 42.80, Up by Rs. 0.35, or 0.82 percent which suggests that most of the Traders are anticipating that the price of NIRAJ share should go Up.

NSE: NIRAJ Share Price Tomorrow Prediction

(Niraj Cement Structurals Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NIRAJ)

Niraj Cement Structurals Limited share price moved Up by 0.82%. NIRAJ share price short term trend is Up. It suggests that NIRAJ Share Price for Tomorrow remains the same with VWAP at 42.72 will be treated as stop loss for intraday traders. Niraj Cement Structurals Limited Long term investors can follow the NIRAJ long term trend as mentiond in future forecast table.

NSE Code

NSE: NIRAJ

NIRAJ Share Price Today

 42.80

NIRAJ Share Price Target Prediction for 2024 ^

 26.5 - 48

NIRAJ Share Price Target Prediction for 2025*^

 48 - 69.6

NIRAJ Share Price Target Prediction for 2026*^

 69.6 - 74.5

NIRAJ Share Price Target Prediction for 2027*^

 78

NIRAJ Share Price Target Prediction for 2028*^

 81

NIRAJ Share Price Target Prediction for 2030*^

 88
NIRAJ Current Book Value 2023
42.9

*Niraj Cement Structurals Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^NIRAJ 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.

NIRAJ Technical Analysis

Candlestick Pattern: @42.8

NIRAJ Moving Averages

BUY (9) NEUTRAL (0) SELL (5)
MA Simple Action S1 Expo Action E2
MA_5 41.36 BUY 42 BUY
MA_12 42.42 BUY 42.27 BUY
MA_20 42.88 SELL 42.53 BUY
MA_32 42.74 BUY 42.99 SELL
MA_50 42.47 BUY 43.5 SELL
MA_100 46.28 SELL 43.87 SELL
MA_200 42.06 BUY 41.75 BUY

NIRAJ Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 42.88 Downtrend
MACD -0.1 SELL
ADX 15.75 NO or Weak Trend
DMI (+/-) 18.15 / 19.56 Downtrend

NIRAJ Momentum Oscillators

BUY (3) NEUTRAL (8) SELL (1)
Momentum Oscillators Value Action
RSI 50.2 Neutral
STOCHASTIC_K (Fast) 76.2 Neutral
STOCHASTIC_D (Slow) 58.31 Neutral
CCI 14.97 Neutral
PSAR 39.57 BUY
TRUE RANGE 1.8 Neutral
ATR 2.19 Neutral
WILLIAMS R -43.1 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 98.68 Overbought
MOMENTUM -2.15 SELL

NIRAJ Last 1 Year Trend

Duration Value
1 Year 45.08%
3 Months -25.89%
1 Month -4.78%
1 Week 3.88%

NIRAJ Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 40%
NEUTRAL / HOLD 30%
SELL 30%

Most popular Questions & Answers about NIRAJ


Niraj Cement Structurals Limited stock last traded price is 42.80. NIRAJ share price moved Up by 0.82% from its previous close of Rs 42.45.

Niraj Cement Structurals Limited share price trend is Up with a total of 8750 stocks traded till now. It has touched an intraday high of Rs 65.65 and an intraday low of Rs 42.20. The NIRAJ trading at 42.80, Up by Rs. 0.35, or 0.82 percent which suggests that most of the Traders are anticipating that the price of NIRAJ share should go Up and the Stop Loss will be around 42.72.

The market cap of Niraj Cement Structurals Limited is ₹132.9 (in Cr) as of May 15, 2024.

The current price to earning ratio for Niraj Cement Structurals Limited as of May 15, 2024 is 40.78.

The current price to book ratio for Niraj Cement Structurals Limited as of May 15, 2024 is 0.99.

The highest price of Niraj Cement Structurals Limited stock is ₹65.00 in the last 52-week.

The lowest price of Niraj Cement Structurals Limited stock is ₹25.25 in the last 52-week.

Niraj Cement Structurals Limited share trading at ₹42.80, Up by Rs. 0.35, or 0.82 percent which suggests that most of the traders are anticipating that the price of NIRAJ share should go Up.

In 2023, Stock price target for Niraj Cement Structurals Limited (NIRAJ) are ₹26.5 on downside and ₹48 on upside. Niraj Cement Structurals Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Niraj Cement Structurals Limited (NIRAJ) are ₹48 on downside and ₹69.6 on upside. Niraj Cement Structurals Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Niraj Cement Structurals Limited (NIRAJ) are ₹69.6 on downside and ₹74.5 on upside. Niraj Cement Structurals 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 Niraj Cement Structurals Limited (NIRAJ) will be around ₹81 Niraj Cement Structurals Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of NIRAJ.

As per the fundamental analysis of Niraj Cement Structurals Limited (NIRAJ), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.18. Niraj Cement Structurals Limited book value per share as of today is 43.16. The current price to book ratio for NIRAJ as of May 16, 2024 is 0.99.


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


Peer Comparison of NSE: NIRAJ

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

Sector: Cement

Company Price EPS BV
NUVOCO 318.25 4.28 255.76
APCL 176.85 0 144.02
NIRAJ 42.80 1.18 43.16
Updated at: 15 May 2024 15:32

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