NIFTY 22200.55 BANK 47687.45

Shiva Texyarn Limited
Share Price Target & Analysis

NSE:SHIVATEX

155.58

VWAP

161.55

Open

160.15

Close

163.10

High

152.30

Low

201.00

52 Week High

152.65 ⇩
-7.50 (-4.68%)

SHIVATEX

(TEXTILES)
45.1% Momentum

Turnaround Potential

113.00

52 Week Low

-

EPS

32.05

PE

1.48

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: SHIVATEX Share Price Financial Analysis & Valuation

Shiva Texyarn Limited (SHIVATEX) is broadly categorized in TEXTILES segment industry which deals in Textiles - Spinning - Cotton Blended vertical. It is one of Micro Cap company with Market Capitalization of Rs 359.7 (in Cr). Total number of free float shares are 1.3 (in Lacs). Shiva Texyarn Limited is listed on NSE with Exchange ID - INE705C01020 and trading code is NSE:SHIVATEX with short name Shiva Texyarn.

In the past 1 year, Shiva Texyarn Limited has declared an equity dividend of Rs 1.4 per share. At the current share price of SHIVATEX at Rs 152.65, this results in a dividend yield of 0.92 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:SHIVATEX, it is clearly understood that SHIVATEX is Uncertain performer in terms of earnings and profit margins with an EPS of -. NSE:SHIVATEX book value per share as of today is 103.46. The current price to book ratio for SHIVATEX as of May 15, 2024 is 1.48.

Valuation of the Stock: The current valuation of SHIVATEX 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 SHIVATEX whether to BUY this stock at current valuation. The delivery percentage of SHIVATEX is 61.94% is very crucial parameter which shows that 61.94% investors are anticipating that the price of SHIVATEX share should go up with VWAP at 155.58.

Now, the main question is whether to BUY or SELL, NSE:SHIVATEX at current valuation.
As per latest Analysis No. #757:-

⇑ STRONG BUY SHIVATEX if All Greens

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

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

⇘ SELL SHIVATEX if NO Green Indicator

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

(Shiva Texyarn Limited Daily Analysis on the basis of SHIVATEX Intraday Graph & Trend)

Shiva Texyarn Limited share price moved Down by -4.68% from its previous close of Rs 160.15. SHIVATEX stock last traded price is 152.65. SHIVATEX share price trend is Down with a total of 24678 stocks traded till now. It has touched an intraday high of Rs 163.10 and an intraday low of Rs 152.30. The SHIVATEX trading at 152.65, Down by Rs. -7.50, or -4.68 percent which suggests that most of the Traders are anticipating that the price of SHIVATEX share should go Down.

NSE: SHIVATEX Share Price Tomorrow Prediction

(Shiva Texyarn Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SHIVATEX)

Shiva Texyarn Limited share price moved Down by -4.68%. SHIVATEX share price short term trend is Down. It suggests that SHIVATEX Share Price for Tomorrow remains the same with VWAP at 155.58 will be treated as stop loss for intraday traders. Shiva Texyarn Limited Long term investors can follow the SHIVATEX long term trend as mentiond in future forecast table.

NSE Code

NSE: SHIVATEX

SHIVATEX Share Price Today

 152.65

SHIVATEX Share Price Target Prediction for 2024 ^

 118.5 - 166.7

SHIVATEX Share Price Target Prediction for 2025*^

 166.7 - 173.4

SHIVATEX Share Price Target Prediction for 2026*^

 173.4 - 182.1

SHIVATEX Share Price Target Prediction for 2027*^

 191

SHIVATEX Share Price Target Prediction for 2028*^

 193

SHIVATEX Share Price Target Prediction for 2030*^

 208
SHIVATEX Current Book Value 2023
102.9

*Shiva Texyarn Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^SHIVATEX 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.

SHIVATEX Technical Analysis

Candlestick Pattern: @152.65

SHIVATEX Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 159.67 SELL 159.22 SELL
MA_12 164.89 SELL 162.83 SELL
MA_20 165.81 SELL 163.17 SELL
MA_32 161.63 SELL 162.26 SELL
MA_50 158.29 SELL 160.98 SELL
MA_100 159.14 SELL 157.8 SELL
MA_200 149.59 BUY 151.09 BUY

SHIVATEX Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 157.67 OverSold
MACD -1.93 SELL
ADX 16.2 NO or Weak Trend
DMI (+/-) 11.55 / 22.74 Downtrend

SHIVATEX Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 34.68 Neutral
STOCHASTIC_K (Fast) 4.43 Oversold
STOCHASTIC_D (Slow) 12.93 Oversold
CCI -195.11 SELL
PSAR 171.9 SELL
TRUE RANGE 10.8 Neutral
ATR 6.8 Neutral
WILLIAMS R -98.42 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 4.02 Oversold
MOMENTUM -16.15 SELL

SHIVATEX Last 1 Year Trend

Duration Value
1 Year 24.56%
3 Months -14.53%
1 Month -9.57%
1 Week -8.76%

SHIVATEX Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 17%
SELL 77%

Most popular Questions & Answers about SHIVATEX


Shiva Texyarn Limited stock last traded price is 152.65. SHIVATEX share price moved Down by -4.68% from its previous close of Rs 160.15.

Shiva Texyarn Limited share price trend is Down with a total of 24678 stocks traded till now. It has touched an intraday high of Rs 203.01 and an intraday low of Rs 152.30. The SHIVATEX trading at 152.65, Down by Rs. -7.50, or -4.68 percent which suggests that most of the Traders are anticipating that the price of SHIVATEX share should go Down and the Stop Loss will be around 155.58.

The market cap of Shiva Texyarn Limited is ₹359.7 (in Cr) as of May 14, 2024.

The current price to earning ratio for Shiva Texyarn Limited as of May 14, 2024 is 32.05.

The current price to book ratio for Shiva Texyarn Limited as of May 14, 2024 is 1.48.

The highest price of Shiva Texyarn Limited stock is ₹201.00 in the last 52-week.

The lowest price of Shiva Texyarn Limited stock is ₹113.00 in the last 52-week.

Shiva Texyarn Limited share trading at ₹152.65, Down by Rs. -7.50, or -4.68 percent which suggests that most of the traders are anticipating that the price of SHIVATEX share should go Down.

In 2023, Stock price target for Shiva Texyarn Limited (SHIVATEX) are ₹118.5 on downside and ₹166.7 on upside. Shiva Texyarn Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Shiva Texyarn Limited (SHIVATEX) are ₹166.7 on downside and ₹173.4 on upside. Shiva Texyarn Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Shiva Texyarn Limited (SHIVATEX) are ₹173.4 on downside and ₹182.1 on upside. Shiva Texyarn 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 Shiva Texyarn Limited (SHIVATEX) will be around ₹193 Shiva Texyarn Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SHIVATEX.

As per the fundamental analysis of Shiva Texyarn Limited (SHIVATEX), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Shiva Texyarn Limited book value per share as of today is 103.46. The current price to book ratio for SHIVATEX as of May 15, 2024 is 1.48.


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


Peer Comparison of NSE: SHIVATEX

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

Sector: Textiles - Spinning - Cotton Blended

Company Price EPS BV
TRIDENT 38.55 0.87 8.1
VTL 456.25 21.01 286.82
ICIL 371.50 15.23 89.1
NITINSPIN 344.70 23.39 203.9
AMBIKCO 1553.15 113.57 1426.4
VISHAL 22.05 1.49 19.75
NAHARPOLY 194.85 0 195.09
DCMNVL 74.85 0 4.23
MARALOVER 73.05 0 31.69
GINNIFILA 38.55 0 32.56
Updated at: 15 May 2024 15:58

Feel free to contact us, in case of any queries.

SITEMAP 5313
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3049.75 12.20 (0.4%) | ADANIGREEN 1835.00 46.20 (2.58%) | ADANIPORTS 1337.60 6.35 (0.48%) | ADANITRANS 1022.05 31.00 (3.13%) | AMBUJACEM 611.70 1.50 (0.25%) | APOLLOHOSP 5854.80 -8.00 (-0.14%) | ASIANPAINT 2813.00 -53.15 (-1.85%) | ATGL 916.60 7.65 (0.84%) | AUROPHARMA 1157.05 -11.55 (-0.99%) | AXISBANK 1128.00 5.15 (0.46%) | BAJAJ-AUTO 8903.15 -162.10 (-1.79%) | BAJAJFINSV 1570.75 -5.70 (-0.36%) | BAJFINANCE 6680.00 4.30 (0.06%) | BALKRISIND 2507.00 19.35 (0.78%) | BANDHANBNK 189.90 1.35 (0.72%) | BANKBARODA 263.90 3.05 (1.17%) | BEL 232.85 1.90 (0.82%) | BERGEPAINT 486.15 -8.40 (-1.7%) | BHARTIARTL 1309.90 25.60 (1.99%) | BIOCON 311.90 1.00 (0.32%) | BOSCHLTD 30930.00 -952.00 (-2.99%) | BPCL 625.05 19.10 (3.15%) | BRITANNIA 5064.00 -76.80 (-1.49%) | CADILAHC 992.50 10.35 (1.05%) | CIPLA 1405.50 48.15 (3.55%) | COALINDIA 467.50 18.80 (4.19%) | COLPAL 2673.00 -146.95 (-5.21%) | DABUR 546.60 -7.95 (-1.43%) | DIVISLAB 3892.55 -3.65 (-0.09%) | DLF 825.05 -14.00 (-1.67%) | DMART 4652.45 55.40 (1.21%) | DRREDDY 5882.00 13.20 (0.22%) | EICHERMOT 4648.00 -82.55 (-1.75%) | GAIL 200.40 0.35 (0.17%) | GLAND 1776.00 10.50 (0.59%) | GODREJCP 1295.00 -11.90 (-0.91%) | GRASIM 2369.70 -2.35 (-0.1%) | GUJGASLTD 542.50 -8.90 (-1.61%) | HAVELLS 1753.00 23.90 (1.38%) | HCLTECH 1335.00 13.95 (1.06%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3754.80 76.90 (2.09%) | HDFCBANK 1440.80 -20.15 (-1.38%) | HDFCLIFE 555.95 -5.60 (-1%) | HEROMOTOCO 5037.90 -5.55 (-0.11%) | HINDALCO 653.10 6.45 (1%) | HINDUNILVR 2327.80 -21.80 (-0.93%) | HINDZINC 559.40 -0.50 (-0.09%) | ICICIBANK 1125.10 4.55 (0.41%) | ICICIGI 1657.45 -26.35 (-1.56%) | ICICIPRULI 580.35 -16.85 (-2.82%) | INDIGO 4295.50 148.15 (3.57%) | INDUSINDBK 1418.00 -3.00 (-0.21%) | INDUSTOWER 341.50 2.00 (0.59%) | INFY 1419.95 -4.75 (-0.33%) | IOB 61.90 0.05 (0.08%) | IOC 161.80 2.45 (1.54%) | ITC 427.80 -1.90 (-0.44%) | JSWSTEEL 870.55 -10.95 (-1.24%) | KOTAKBANK 1650.80 4.50 (0.27%) | LT 3411.30 31.85 (0.94%) | LTI 4649.30 14.45 (0.31%) | LUPIN 1639.10 1.95 (0.12%) | M&M 2301.45 31.55 (1.39%) | MARICO 590.80 -9.45 (-1.57%) | MARUTI 12758.50 -55.70 (-0.43%) | MCDOWELL-N 1174.25 -1.35 (-0.11%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1676.10 -1.20 (-0.07%) | NAUKRI 5941.60 -75.70 (-1.26%) | NESTLEIND 2465.00 -22.35 (-0.9%) | NMDC 267.75 2.70 (1.02%) | NTPC 361.35 5.55 (1.56%) | ONGC 273.00 0.10 (0.04%) | PEL 823.40 -6.85 (-0.83%) | PIDILITIND 2986.00 2.25 (0.08%) | PIIND 3645.95 -21.65 (-0.59%) | PNB 124.15 -1.60 (-1.27%) | POWERGRID 314.35 5.10 (1.65%) | RELIANCE 2831.70 -8.45 (-0.3%) | SAIL 166.40 1.75 (1.06%) | SBICARD 713.90 -4.50 (-0.63%) | SBILIFE 1428.80 -4.05 (-0.28%) | SBIN 820.10 1.90 (0.23%) | SHREECEM 25850.00 -174.90 (-0.67%) | SIEMENS 7119.30 458.85 (6.89%) | SRF 2290.00 3.25 (0.14%) | SUNPHARMA 1527.40 -17.85 (-1.16%) | TATACONSUM 1070.00 -15.45 (-1.42%) | TATAMOTORS 947.30 -17.35 (-1.8%) | TATAMTRDVR 637.30 -9.05 (-1.4%) | TATASTEEL 165.60 0.65 (0.39%) | TCS 3880.40 -20.80 (-0.53%) | TECHM 1276.90 1.40 (0.11%) | TITAN 3269.90 -19.00 (-0.58%) | TORNTPHARM 2652.35 21.70 (0.82%) | ULTRACEMCO 9614.10 -46.55 (-0.48%) | UPL 514.80 4.75 (0.93%) | VEDL 437.40 4.85 (1.12%) | WIPRO 458.30 1.95 (0.43%) |