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Somi Conveyor Beltings Limited
Share Price Target & Analysis

NSE:SOMICONVEY

118.31

VWAP

120.15

Open

120.15

Close

126.15

High

114.25

Low

155.40

52 Week High

116.95 ⇩
-3.20 (-2.66%)

SOMICONVEY

(CONSUMER GOODS)
68.8% Momentum

Sideways to Positive

32.20

52 Week Low

3.95

EPS

61.19

PE

2.07

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: SOMICONVEY Share Price Financial Analysis & Valuation

Somi Conveyor Beltings Limited (SOMICONVEY) is broadly categorized in CONSUMER GOODS segment industry which deals in Rubber vertical. It is one of Micro Cap company with Market Capitalization of Rs 47.6 (in Cr). Total number of free float shares are 1.2 (in Lacs). Somi Conveyor Beltings Limited is listed on NSE with Exchange ID - INE323J01019 and trading code is NSE:SOMICONVEY with short name Somi Conveyor.

In the past 1 year, Somi Conveyor Beltings Limited has declared an equity dividend of Rs 0 per share. At the current share price of SOMICONVEY at Rs 116.95, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:SOMICONVEY, it is clearly understood that SOMICONVEY is Economical performer in terms of earnings and profit margins with an EPS of 3.95. NSE:SOMICONVEY book value per share as of today is 56.45. The current price to book ratio for SOMICONVEY as of May 16, 2024 is 2.07.

Valuation of the Stock: The current valuation of SOMICONVEY 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 SOMICONVEY whether to BUY this stock at current valuation. The delivery percentage of SOMICONVEY is 46.49% is very crucial parameter which shows that 46.49% investors are anticipating that the price of SOMICONVEY share should go up with VWAP at 118.31.

Now, the main question is whether to BUY or SELL, NSE:SOMICONVEY at current valuation.
As per latest Analysis No. #317:-

⇑ STRONG BUY SOMICONVEY if All Greens

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

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

⇘ SELL SOMICONVEY if NO Green Indicator

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

(Somi Conveyor Beltings Limited Daily Analysis on the basis of SOMICONVEY Intraday Graph & Trend)

Somi Conveyor Beltings Limited share price moved Down by -2.66% from its previous close of Rs 120.15. SOMICONVEY stock last traded price is 116.95. SOMICONVEY share price trend is Down with a total of 44958 stocks traded till now. It has touched an intraday high of Rs 126.15 and an intraday low of Rs 114.25. The SOMICONVEY trading at 116.95, Down by Rs. -3.20, or -2.66 percent which suggests that most of the Traders are anticipating that the price of SOMICONVEY share should go Down.

NSE: SOMICONVEY Share Price Tomorrow Prediction

(Somi Conveyor Beltings Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SOMICONVEY)

Somi Conveyor Beltings Limited share price moved Down by -2.66%. SOMICONVEY share price short term trend is Down. It suggests that SOMICONVEY Share Price for Tomorrow remains the same with VWAP at 118.31 will be treated as stop loss for intraday traders. Somi Conveyor Beltings Limited Long term investors can follow the SOMICONVEY long term trend as mentiond in future forecast table.

NSE Code

NSE: SOMICONVEY

SOMICONVEY Share Price Today

 116.95

SOMICONVEY Share Price Target Prediction for 2024 ^

 90.5 - 156.2

SOMICONVEY Share Price Target Prediction for 2025*^

 156.2 - 166.4

SOMICONVEY Share Price Target Prediction for 2026*^

 166.4 - 178

SOMICONVEY Share Price Target Prediction for 2027*^

 187

SOMICONVEY Share Price Target Prediction for 2028*^

 192

SOMICONVEY Share Price Target Prediction for 2030*^

 210
SOMICONVEY Current Book Value 2023
56.2

*Somi Conveyor Beltings Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^SOMICONVEY 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.

SOMICONVEY Technical Analysis

Candlestick Pattern: @116.95

SOMICONVEY Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 121.22 SELL 122.45 SELL
MA_12 135.57 SELL 130.37 SELL
MA_20 136.67 SELL 132.33 SELL
MA_32 135.05 SELL 131.56 SELL
MA_50 130.48 SELL 128.37 SELL
MA_100 117.75 SELL 119.33 SELL
MA_200 92.66 BUY 98.53 BUY

SOMICONVEY Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 136.67 Downtrend
MACD -3.8 SELL
ADX 31.77 Strong Trend
DMI (+/-) 24.4 / 37.93 Downtrend

SOMICONVEY Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 31.97 Neutral
STOCHASTIC_K (Fast) 28.36 Neutral
STOCHASTIC_D (Slow) 18.33 Oversold
CCI -107.27 SELL
PSAR 145.48 SELL
TRUE RANGE 11.9 Neutral
ATR 5.83 Neutral
WILLIAMS R -89.63 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 2.49 Oversold
STOCHASTIC RSI D 6.51 Oversold
MOMENTUM -11.15 SELL

SOMICONVEY Last 1 Year Trend

Duration Value
1 Year 225.31%
3 Months 10.23%
1 Month -8.7%
1 Week -13.53%

SOMICONVEY Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 10%
NEUTRAL / HOLD 17%
SELL 73%

Most popular Questions & Answers about SOMICONVEY


Somi Conveyor Beltings Limited stock last traded price is 116.95. SOMICONVEY share price moved Down by -2.66% from its previous close of Rs 120.15.

Somi Conveyor Beltings Limited share price trend is Down with a total of 44958 stocks traded till now. It has touched an intraday high of Rs 156.954 and an intraday low of Rs 114.25. The SOMICONVEY trading at 116.95, Down by Rs. -3.20, or -2.66 percent which suggests that most of the Traders are anticipating that the price of SOMICONVEY share should go Down and the Stop Loss will be around 118.31.

The market cap of Somi Conveyor Beltings Limited is ₹47.6 (in Cr) as of May 15, 2024.

The current price to earning ratio for Somi Conveyor Beltings Limited as of May 15, 2024 is 61.19.

The current price to book ratio for Somi Conveyor Beltings Limited as of May 15, 2024 is 2.07.

The highest price of Somi Conveyor Beltings Limited stock is ₹155.40 in the last 52-week.

The lowest price of Somi Conveyor Beltings Limited stock is ₹32.20 in the last 52-week.

Somi Conveyor Beltings Limited share trading at ₹116.95, Down by Rs. -3.20, or -2.66 percent which suggests that most of the traders are anticipating that the price of SOMICONVEY share should go Down.

In 2023, Stock price target for Somi Conveyor Beltings Limited (SOMICONVEY) are ₹90.5 on downside and ₹156.2 on upside. Somi Conveyor Beltings Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Somi Conveyor Beltings Limited (SOMICONVEY) are ₹156.2 on downside and ₹166.4 on upside. Somi Conveyor Beltings Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Somi Conveyor Beltings Limited (SOMICONVEY) are ₹166.4 on downside and ₹178 on upside. Somi Conveyor Beltings 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 Somi Conveyor Beltings Limited (SOMICONVEY) will be around ₹192 Somi Conveyor Beltings Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SOMICONVEY.

As per the fundamental analysis of Somi Conveyor Beltings Limited (SOMICONVEY), it is of Economical quality in terms of earnings and profit margins with an EPS of 3.95. Somi Conveyor Beltings Limited book value per share as of today is 56.45. The current price to book ratio for SOMICONVEY as of May 16, 2024 is 2.07.


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


Peer Comparison of NSE: SOMICONVEY

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

Sector: Rubber

Company Price EPS BV
MHLXMIRU 212.35 5.44 78.17
APCOTEXIND 414.25 10.39 100.64
PIXTRANS 1307.40 52.78 285.46
GRPLTD 8225.00 87.48 1108.47
SOMICONVEY 116.95 3.95 56.45
Updated at: 15 May 2024 15:47

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