REC Share Price Target (2024, 2025, 2026, 2027, 2028, 2029, 2030) | REC Limited Financial Trends, Businesses and more.
I studied almost all over the internet to find information and predict REC Share Price Target.
I researched a lot across various articles, news, books, and the whole internet to summarize and made a brief in-depth research for you all related to REC Limited.
Now it’s time to dive in and start our article by knowing what is REC Limited.
What Is Rec Limited?
REC Limited, also known as Rural Electrification Corporation Limited, is a public sector enterprise in India that specializes in financing and promoting rural electrification projects.
Rec Limited | Information |
---|---|
Parent Organisation | Rec Limited |
Founded In | 1969 |
Founder | Shri Vivek Dewangan |
Market Cap | 32,467 Cr Rs |
Profit | 10,306 Cr Rs |
Back Story Of REC Limited
In a country where electricity is a major problem Rural Electrification Corporation Limited was established on July 25, 1969 to bring light in every indians home.
The lack of electricity in rural areas gave lots of challenges to the socio-economic development communities.
Recognizing this fact, the Government of India took a bold step and established REC Limited as a leading company to provide electricity in every home.
After that, the company never seen back and started its mission to empower rural India by making electricity accessible to every household possible.
REC Financial Trends
The financial trends of REC Limited are increasing in ascending order and also it will rise in the future, as we can see that in the year 2021 8,378 Cr and in the year 2022 it is 10,036 Cr which is great for the company.
Year | Minimum Price In RS | Maximum Price In RS |
---|---|---|
2024 | 450 | 523 |
2025 | 524 | 570 |
2026 | 571 | 598 |
2027 | 600 | 629 |
2028 | 630 | 668 |
2029 | 670 | 695 |
2030 | 681 | 707 |
2050 | 1300 | 1400 |
In the last 6 months, the company showed good growth for its stockholders as it has given 10% ROI.
2024 | Lower Targets | Higher Targets |
---|---|---|
January | ₹444 | ₹450 |
February | ₹461 | ₹492 |
March | ₹464 | ₹496 |
April | ₹466 | ₹496 |
May | ₹469 | ₹500 |
June | ₹474 | ₹504 |
July | ₹479 | ₹510 |
August | ₹481 | ₹512 |
September | ₹483 | ₹514 |
October | ₹492 | ₹524 |
November | ₹496 | ₹528 |
December | ₹504 | ₹523 |
After seeing the company’s growth many new investors invested in this stock. Today time when I am writing this I can see the price is about 450 Rs and it can become 523 Rs this year.
As per the report of the company’s financial market cap of 32,467 Crore Rs, I can conclude that the company showed us good growth and can handle the loss if happens in the future. So the company will be debt free which will lead to a profit in future.
2025 | Lower Targets | Higher Targets |
---|---|---|
January | ₹488 | ₹524 |
February | ₹491 | ₹527 |
March | ₹493 | ₹527 |
April | ₹498 | ₹529 |
May | ₹500 | ₹531 |
June | ₹505 | ₹538 |
July | ₹508 | ₹539 |
August | ₹510 | ₹541 |
September | ₹515 | ₹550 |
October | ₹522 | ₹553 |
November | ₹528 | ₹563 |
December | ₹534 | ₹570 |
So the REC Share Price Target 2025 will also be high and according to some experts, it will be 524 Rs minimum and 570 Rs at maximum.
This year will cross all the expectations as it will give you more than you expected. The minimum price it will touch is 644 Rs and 707 Rs.
2030 | Lower Targets | Higher Targets |
---|---|---|
March | ₹644 | ₹684 |
June | ₹653 | ₹691 |
September | ₹661 | ₹699 |
December | ₹669 | ₹707 |
According to the shareholding, the promoters holding is 52.63% and it is huge which will increase the companies fundamentals for sure.
In 2050, according to me the price can cross from 1300 Rs to 1400 Rs it can vary but yes it will be in this range only.
FAQ You May Ask Us
The prediction of the share price of REC Limited is 240RS minimum and 278RS maximum.
The prediction of the share price of REC Limited is 420RS minimum and 429.1RS maximum.
Is REC Limited a debt-free company?
No, at present REC Limited has a debt of ₹ 358,930 crore.
Conclusion
I tried hard to predict the REC Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) based on all the reports I got.
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Also, comment to me Are you investing in this stock and if yes then how many stocks you are going to buy today?