TEGA belongs to the Industrials sector and operates within the Specialty Industrial Machinery industry. The company is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). In this detailed post, we will explore TEGA share price targets for 2024, 2025, 2026, and up to 2030. For long-term forecasts, we will use different technical analysis approaches to predict targets up to the year 2030.
To forecast the price of TEGA up to the year 2030, we will use a machine learning approach where the forecasted data is trained on the past performance. Tega Industries Ltd, known for its significant presence in the Indian share market, has shown various trends over the years. In this section, we discuss TEGA's current market position, its growth trajectory, and how external market factors might influence its price performance leading up to 2030.
TEGA’s Performance Overview
Current Performance
Today 2024-12-20 shares of TEGA closed at ₹1610.75 which is ₹50.1 lower than its previous close of ₹1660.85. The company has been in mixed trend for the past one week.
Historical Performance
| Date | Close | Gain/Loss |
|---|---|---|
| 2024-12-12 | ₹1,662.30 | ₹26.40 (1.61%) |
| 2024-12-13 | ₹1,639.00 | ₹23.30 (1.40%) |
| 2024-12-16 | ₹1,687.45 | ₹48.45 (2.96%) |
| 2024-12-17 | ₹1,692.90 | ₹5.45 (0.32%) |
| 2024-12-18 | ₹1,673.25 | ₹19.65 (1.16%) |
| 2024-12-19 | ₹1,660.85 | ₹12.40 (0.74%) |
| 2024-12-20 | ₹1,610.75 | ₹50.10 (3.02%) |
TEGA for Tomorrow
Last three days were negative and we can see a continuation bearish trend for tomorrow. This data is important as traders can make better swing trading entries for the upcoming year 2025 or even long-term targets up to 2030.
TEGA Share Price Target 2024
In the next 2 months, TEGA is expected to potentially reach ₹1,656.16, if the overall market performs well.
| Month | Target |
|---|---|
| November 2024 target for TEGA | ₹1,720.61 |
| December 2024 target for TEGA | ₹1,656.16 |
TEGA Share Price Target 2025
The share price of TEGA is expected to reach a value of Rs. 1858.09 by January 2025. If the Macro and Micro economic factors along with the industry trend support, we might see the target price of Tega Industries Ltd reach Rs 2375.92 by December 2025.
| Month | Target |
|---|---|
| January 2025 target for TEGA | ₹1,858.09 |
| February 2025 target for TEGA | ₹1,888.17 |
| March 2025 target for TEGA | ₹2,128.76 |
| April 2025 target for TEGA | ₹2,287.73 |
| May 2025 target for TEGA | ₹2,433.80 |
| June 2025 target for TEGA | ₹2,481.06 |
| July 2025 target for TEGA | ₹2,481.06 |
| August 2025 target for TEGA | ₹2,506.84 |
| September 2025 target for TEGA | ₹2,558.39 |
| October 2025 target for TEGA | ₹2,566.99 |
| November 2025 target for TEGA | ₹2,468.37 |
| December 2025 target for TEGA | ₹2,375.92 |
Summary of TEGA Share Price Forecast for 2025
- The initial price target for Tega Industries Ltd in 2025 is projected to be ₹1,858.09.
- With favorable market conditions, the mid-year price target for Tega Industries Ltd could reach ₹2,481.06.
- By the end of 2025, the price target for Tega Industries Ltd is expected to potentially reach ₹2,375.92, considering bullish market trends.
TEGA Share Price Target 2026
As per technical data, The minimum share price target of TEGA is expected to reach Rs. 2665.6 and the maximum value that shares of TEGA can reach is Rs. 3408.48.
| Month | Target |
|---|---|
| January 2026 target for TEGA | ₹2,665.60 |
| February 2026 target for TEGA | ₹2,708.75 |
| March 2026 target for TEGA | ₹3,053.90 |
| April 2026 target for TEGA | ₹3,281.95 |
| May 2026 target for TEGA | ₹3,491.51 |
| June 2026 target for TEGA | ₹3,559.31 |
| July 2026 target for TEGA | ₹3,559.31 |
| August 2026 target for TEGA | ₹3,596.29 |
| September 2026 target for TEGA | ₹3,670.25 |
| October 2026 target for TEGA | ₹3,682.58 |
| November 2026 target for TEGA | ₹3,541.11 |
| December 2026 target for TEGA | ₹3,408.48 |
Summary of TEGA Share Price Forecast for 2026
- The initial price target for Tega Industries Ltd in 2026 is projected to be ₹2,665.60.
- With favorable market conditions, the mid-year price target for Tega Industries Ltd could reach ₹3,559.31.
- By the end of 2026, the price target for Tega Industries Ltd is expected to potentially reach ₹3,408.48, considering bullish market trends.
TEGA Share Price Target 2027
Using Fibonacci projections, the estimated price target forecast for Tega Industries Ltd (TEGA) in the first half of the year 2027 will be between ₹3824.05 - ₹5106.16. By the second half of 2027, the share price of TEGA may reach a maximum value of ₹4889.77.
| Month | Target |
|---|---|
| January 2027 target for TEGA | ₹3,824.05 |
| February 2027 target for TEGA | ₹3,885.95 |
| March 2027 target for TEGA | ₹4,381.11 |
| April 2027 target for TEGA | ₹4,708.26 |
| May 2027 target for TEGA | ₹5,008.90 |
| June 2027 target for TEGA | ₹5,106.16 |
| July 2027 target for TEGA | ₹5,106.16 |
| August 2027 target for TEGA | ₹5,159.21 |
| September 2027 target for TEGA | ₹5,265.32 |
| October 2027 target for TEGA | ₹5,283.00 |
| November 2027 target for TEGA | ₹5,080.04 |
| December 2027 target for TEGA | ₹4,889.77 |
Summary of TEGA Share Price Forecast for 2027
- The initial price target for Tega Industries Ltd in 2027 is projected to be ₹3,824.05.
- With favorable market conditions, the mid-year price target for Tega Industries Ltd could reach ₹5,106.16.
- By the end of 2027, the price target for Tega Industries Ltd is expected to potentially reach ₹4,889.77, considering bullish market trends.
TEGA Share Price Target 2028
| Month | Target |
|---|---|
| January 2028 target for TEGA | ₹5,485.96 |
| February 2028 target for TEGA | ₹5,574.75 |
| March 2028 target for TEGA | ₹6,285.10 |
| April 2028 target for TEGA | ₹6,754.44 |
| May 2028 target for TEGA | ₹7,185.72 |
| June 2028 target for TEGA | ₹7,325.26 |
| July 2028 target for TEGA | ₹7,325.26 |
| August 2028 target for TEGA | ₹7,401.36 |
| September 2028 target for TEGA | ₹7,553.58 |
| October 2028 target for TEGA | ₹7,578.95 |
| November 2028 target for TEGA | ₹7,287.79 |
| December 2028 target for TEGA | ₹7,014.83 |
Summary of TEGA Share Price Forecast for 2028
- The initial price target for Tega Industries Ltd in 2028 is projected to be ₹5,485.96.
- With favorable market conditions, the mid-year price target for Tega Industries Ltd could reach ₹7,325.26.
- By the end of 2028, the price target for Tega Industries Ltd is expected to potentially reach ₹7,014.83, considering bullish market trends.
TEGA Share Price Target 2029
| Month | Target |
|---|---|
| January 2029 target for TEGA | ₹7,870.11 |
| February 2029 target for TEGA | ₹7,997.50 |
| March 2029 target for TEGA | ₹9,016.56 |
| April 2029 target for TEGA | ₹9,689.87 |
| May 2029 target for TEGA | ₹10,308.58 |
| June 2029 target for TEGA | ₹10,508.76 |
| July 2029 target for TEGA | ₹10,508.76 |
| August 2029 target for TEGA | ₹10,617.94 |
| September 2029 target for TEGA | ₹10,836.31 |
| October 2029 target for TEGA | ₹10,872.71 |
| November 2029 target for TEGA | ₹10,455.01 |
| December 2029 target for TEGA | ₹10,063.42 |
Summary of TEGA Share Price Forecast for 2029
- The initial price target for Tega Industries Ltd in 2029 is projected to be ₹7,870.11.
- With favorable market conditions, the mid-year price target for Tega Industries Ltd could reach ₹10,508.76.
- By the end of 2029, the price target for Tega Industries Ltd is expected to potentially reach ₹10,063.42, considering bullish market trends.
TEGA Share Price Target 2030
| Month | Target |
|---|---|
| January 2030 target for TEGA | ₹11,290.40 |
| February 2030 target for TEGA | ₹11,473.14 |
| March 2030 target for TEGA | ₹12,935.08 |
| April 2030 target for TEGA | ₹13,901.01 |
| May 2030 target for TEGA | ₹14,788.61 |
| June 2030 target for TEGA | ₹15,075.78 |
| July 2030 target for TEGA | ₹15,075.78 |
| August 2030 target for TEGA | ₹15,232.41 |
| September 2030 target for TEGA | ₹15,545.69 |
| October 2030 target for TEGA | ₹15,597.90 |
| November 2030 target for TEGA | ₹14,998.67 |
| December 2030 target for TEGA | ₹14,436.90 |
Summary of TEGA Share Price Forecast for 2030
- The initial price target for Tega Industries Ltd in 2030 is projected to be ₹11,290.40.
- With favorable market conditions, the mid-year price target for Tega Industries Ltd could reach ₹15,075.78.
- By the end of 2030, the price target for Tega Industries Ltd is expected to potentially reach ₹14,436.90, considering bullish market trends.
TEGA Share Price Target 2031
| Month | Target |
|---|---|
| January 2031 target for TEGA | ₹16,197.12 |
| February 2031 target for TEGA | ₹16,459.28 |
| March 2031 target for TEGA | ₹18,556.57 |
| April 2031 target for TEGA | ₹19,942.28 |
| May 2031 target for TEGA | ₹21,215.63 |
| June 2031 target for TEGA | ₹21,627.59 |
| July 2031 target for TEGA | ₹21,627.59 |
| August 2031 target for TEGA | ₹21,852.30 |
| September 2031 target for TEGA | ₹22,301.72 |
| October 2031 target for TEGA | ₹22,376.62 |
Summary of TEGA Share Price Forecast for 2031
- The initial price target for Tega Industries Ltd in 2031 is projected to be ₹16,197.12.
- With favorable market conditions, the mid-year price target for Tega Industries Ltd could reach ₹21,627.59.
- By the end of 2031, the price target for Tega Industries Ltd is expected to potentially reach ₹22,376.62, considering bullish market trends.
Key Takeaways from Forecasted Price for TEGA from 2024 to 2030
| Year | Initial Target | Mid-Year Target | Year-End Target |
|---|---|---|---|
| 2024 | ₹1,720.61 | ₹N/A | ₹1,656.16 |
| 2025 | ₹1,858.09 | ₹2,481.06 | ₹2,375.92 |
| 2026 | ₹2,665.60 | ₹3,559.31 | ₹3,408.48 |
| 2027 | ₹3,824.05 | ₹5,106.16 | ₹4,889.77 |
| 2028 | ₹5,485.96 | ₹7,325.26 | ₹7,014.83 |
| 2029 | ₹7,870.11 | ₹10,508.76 | ₹10,063.42 |
| 2030 | ₹11,290.40 | ₹15,075.78 | ₹14,436.90 |
- In the next 2 months, TEGA is expected to potentially reach ₹1,656.16, if the overall market performs well.
- For Tega Industries Ltd in 2025, a bullish trend might take the stock to a mid-year target of ₹2,481.06, followed by a steady climb to ₹2,375.92.
- In 2026, a temporary decline in early months for Tega Industries Ltd is possible, with a recovery expected by mid-year, aiming for ₹3,559.31.
- Anticipating mixed trends for Tega Industries Ltd in 2027, with rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹4,889.77.
- For 2028 and 2029, Tega Industries Ltd is expected to show strong and steady growth, potentially breaking past previous highs and setting new records.
- By 2030, the cumulative impact of market dynamics could lead Tega Industries Ltd to a substantial year-end target, surpassing previous expectations.
Final Words on Tega Industries Ltd (TEGA) Share Price Target up to 2030
To summarize, we have presented TEGA share price target 2024, 2025, 2026, and up to 2030, based on the most recent trading data and algorithms. These targets serve as potential support and resistance levels for the coming years.
It's essential to note that while these price targets are based on technical analysis, other market conditions and news could also impact the stock's performance. Therefore, these hypothetical targets should be used as guidelines and not as financial advice. Always perform your own due diligence before making any investment.
We wish you all the best in your investing endeavors! Please read the Disclaimer below.
Methodology
Our price forecasting model to analyse targets for TEGA uses detailed & data-driven methods to calculate these monthly price targets. This methodology includes the use of classic tools like long-term floor pivot point analysis, historical price performance metrics, and volatility data. Below, we outline the fundamental components and processes that constitute our forecasting model. It is important to note that these prices are based on mathematical calculations and in no way should these be used as financial advice. The stock market is dynamic, and there are so many factors that influence the prices of stocks that any mathematical model cannot cover.
Read more.