Isgec Share Price Target 2023, isgec share price target 2025, isgec share price target 2024
Whenever you are planning to purchase a stock, you need to be aware of its share price target. You should also take the time to understand the market and its history, so that you can make an informed decision. If you’re looking for an Isgec Heavy (ISGEC) share price target, you might want to look at the historical chart.
Isgec Heavy (ISGEC) is a heavy engineering company based in India. It manufactures a variety of products and services, including boilers and process plant equipment, air pollution control equipment, solid fuel boilers, waste to energy boilers, site fabricated columns, hydraulic presses and castings. It operates in two segments, Process Equipment and Sugar. Besides manufacturing, Isgec Heavy is also engaged in the construction of boilers and sugar plants. In 2011, Saraswati Industrial Syndicate Limited changed its name to Isgec Heavy Engineering Limited. This company is headquartered in Noida, India. The company provides its products and services in the domestic and international markets.
Isgec Heavy (ISGEC) stock has a strong downtrend for the short to mid term time frame. However, it has also given negative returns in the long term period. There is a strong buy signal in the stock’s RSI indicator. But the Force Index, which is a volume based indicator, is in a negative zone. This is indicating that there is selling pressure in the stock. It’s also worth noting that the ADX indicator is showing a weak buy sell signal.
Considering all this, the best strategy for Isgec Heavy (ISGEC) investors is to wait until the stock breaks out of the downward trend and moves into a strong upward trend. The stock has also given a good return of 56% in the past year, which means that there’s a good chance that it could achieve its target of Rs 110 in 2022.