Case study

SHANTIGOLD

Shanti Gold International Limited

Screens attractive1y model +2.0%

Each stock's 10,000-path forecast, rendered as light.

76Score

Shanti Gold International Limited (SHANTIGOLD) Stock Analysis & Case Study

Is SHANTIGOLD a good buy? The data-driven verdict.

Shanti Gold International Limited (SHANTIGOLD) trades at ₹219,on the numbers it screens attractive, a Downstox Snapshot Score of 76/100.

On the numbers, Shanti Gold International Limited (SHANTIGOLD) screens attractive, a Downstox Snapshot Score of 76/100, weighing inexpensive at 11.2× earnings, ROE of 37.3%, a 52% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

SHANTIGOLD fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹1,577 Cr
Current price
₹219
P/E ratio
11.2×
P/B ratio
2.81×
Book value
₹78
ROCE
33.5%
ROE
37.3%
Piotroski F-Score
5/8

How SHANTIGOLD ranks against the 2,373 companies in our screener

Is SHANTIGOLD overvalued? SHANTIGOLD P/E vs peers

SHANTIGOLD trades at 11.2× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

SHANTIGOLD share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 1.0y of SHANTIGOLD history (-2%/yr drift, 42%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
SHANTIGOLD 2027₹132₹228₹395+2%
SHANTIGOLD 2028₹108₹233₹502+4%
SHANTIGOLD 2029₹93₹237₹606+6%
SHANTIGOLD 2030₹81₹242₹726+8%
SHANTIGOLD 2031₹74₹247₹828+10%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability SHANTIGOLD goes up, or doubles?

52%
Higher in 1 year
Modelled chance the price is above today in 12 months
54%
Higher in 5 years
Modelled chance the price is above today in 5 years
27%
Doubles in 5 years
Modelled chance of reaching ₹448 within 5 years

The bull case for SHANTIGOLD

  • SHANTIGOLD's P/E of 12.3x is lower than 81% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • SHANTIGOLD's return on equity of 37.3% ranks in the top 4% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • SHANTIGOLD's return on capital employed of 33.5% ranks in the 94th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹606.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹93.

SHANTIGOLD volatility & expected range, how bumpy is the ride?

Over the last 1.0 years SHANTIGOLD compounded at -2%/year with annualized volatility of 42%. That volatility implies a 1-year 80% range of ₹132-₹395, the honest backbone behind any single price target.

SHANTIGOLD price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 1.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
2.0%
80% range₹132-₹395
P(price ↑)52%
P(price 2×)6%
3-Year Forecast
2029
₹0
Median (P50)
6.0%
80% range₹93-₹606
P(price ↑)53%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
10.2%
80% range₹74-₹828
P(price ↑)54%
P(price 2×)27%

SHANTIGOLD price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
SHANTIGOLD simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds SHANTIGOLD hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the SHANTIGOLD price target & forecast page.

SHANTIGOLD Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. SHANTIGOLD scores 5/8, mixed financial health.

SHANTIGOLD MTF margin & leverage across 8 brokers

Margin Trading Facility lets you buy SHANTIGOLD with part of the capital. Lower margin % = higher leverage. Rates compared across 8 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
ZerodhaCHEAPEST31.81%3.1×
Groww31.93%3.1×
Dhan40.00%2.5×
Kotak Neo34.97%2.9×
Paytm Money31.97%3.1×
Pocketful32.08%3.1×
Anand RathiCHEAPEST31.81%3.1×
Share India31.90%3.1×

Compare every broker on the SHANTIGOLD MTF page.

About Shanti Gold International Limited: sector, index & market-cap context

Shanti Gold International Limited (SHANTIGOLD) is a small-cap NSE-listed company, with a market capitalisation of ₹1,577 Cr. See more stocks on our screener.

How the SHANTIGOLD Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Shanti Gold International Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

SHANTIGOLD analysis, FAQs

Is Shanti Gold International Limited (SHANTIGOLD) a good buy?

On the numbers, Shanti Gold International Limited (SHANTIGOLD) screens attractive, a Downstox Snapshot Score of 76/100, weighing inexpensive at 11.2× earnings, ROE of 37.3%, a 52% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is SHANTIGOLD overvalued or undervalued?

SHANTIGOLD trades at 11.2× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the SHANTIGOLD share price target for 2031?

SHANTIGOLD's probability-weighted 2031 median target is ₹247, with an 80% range of ₹74-₹828 (10,000-path Monte-Carlo).

What is the probability SHANTIGOLD doubles in 5 years?

The modelled probability of SHANTIGOLD reaching ₹448 (2×) within 5 years is 27%.

What is the bull case for SHANTIGOLD?

SHANTIGOLD's P/E of 12.3x is lower than 81% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SHANTIGOLD's return on equity of 37.3% ranks in the top 4% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SHANTIGOLD's return on capital employed of 33.5% ranks in the 94th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in SHANTIGOLD?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on SHANTIGOLD