REC share price target 2023 to 2030, Business Fundamentals, Financial Trends, Shareholding partners, past year performance, etc.
Hello all, I hope you all are doing well. If you are on this webpage, you are searching for REC future price prediction. This is the right blog for you. This article will discuss the REC share price target for the upcoming years, business analysis, market analysis, financial trends, past performance, etc. All your queries will be solved at the end of the article.
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About REC Limited
REC Rural Electrification Corporation was established in 1969. This company manages rural electrification projects. This company supports power projects financially. Some are biomass, slight hydro, wind, solar, etc. This company is one of the growing companies across India and mainly helps finance power systems such as distribution, transmission, and generation.
REC Limited supports private and public power sectors, including remote power generators, electricity boards, transmission companies, distribution companies, etc. This company has a primary task to develop power sectors, whether they are public or private, for providing good services to their customers.
|2019||INR 25,408 Cr||INR 5,741 Cr|
|2020||INR 29,936 Cr||INR 4,972 Cr|
|2021||INR 34,983 Cr||INR 8,378 Cr|
|2022||INR 38,929 Cr||INR 10,036 Cr|
REC Share Price Target 2023, 2024, 2025, and 2030
|Year||Expected Target Range (in Rs.)|
REC Share Price Target 2023
Before investing in any share, we should analyze a company’s past performance. REC has given good returns to its investors in the last few years. If we observe last year, it gave a 20% return to its investors. In the last six months, it has given a 10% return to its investors. This
The return percentage is very good. It can also achieve higher heights in the coming years. If you are interested in investing, it can be a good option for long-term investment. The expected REC share price target 2023 can reach INR 120 as its minimum target and INR 130 as its maximum target.
REC Share Price Target 2024
This company has a big market capitalization. The stock price depends on many aspects, such as P/E ratio, book value, debt-to-equity ratio, ROE, EPS, past performance, market analysis, etc. This company is fine in all aspects. Considering all these factors, REC can grow in the future too. The expected REC share price target 2024 can reach INR 190 as its minimum target and INR 220 as its maximum target.
REC Share Price Target 2025
REC Limited has been earning profit continuously in the last few years. It earned a profit of around INR 10,036 Cr in 2022. Its fundamentals and financials are very good. Its net worth also increases year by year. By observing all these factors, experts predicted that it could grow more. The expected REC share price target 2025 can reach INR 305 as its minimum target and INR 315 as its maximum target.
REC Share Price Target 2030
REC Limited has strong fundamentals and can give good returns to its investors in the future. It has also given good returns in the last few years. But the matter of concern is that it has a high debt of around INR 358,930 Cr, which is very high. Except this, in other factors, REC is good. The management team of REC Limited is trying to decrease its debt. There are more chances that they can cover up this debt factor. The expected REC share price target 2030 can reach INR 700 as its minimum target and INR 800 as its maximum target.
I have shared information with you about REC’s future price prediction. This prediction is written by considering the company’s current growth and past performance. Right now, its condition is not good. It has high debt. There is more probability that its growth will increase in the upcoming years. It can be a good option for long-term investment. But before investing, research all the things about yourself.
In this article, we have discussed REC Limited. If you have any queries about this article, comment by commenting. I will answer your queries.
Frequently Asked Questions
Is REC a debt-free company?
No, it is not a debt-free company. REC Limited has a current debt of approximately INR 358,930 Cr.
What will be the expected REC share price target for 2025?
The expected REC share price target 2025 can reach INR 305 as its minimum target and INR 315 as its maximum target.
What will be the expected REC share price target for 2030?
The expected REC share price target 2030 can reach INR 700 as its minimum target and INR 800 as its maximum target.