REC Share Price Target 2024-2030: REC Ltd. (Rural Electrification Corporation Limited) plays a significant role in India’s power sector by financing energy projects across the country, particularly focusing on rural electrification infrastructure development. The company’s robust financial performance, extensive market reach, and strategic position have attracted considerable investor interest.
REC Share Price Target
REC Share Price Target 2024-2030: 2024 ₹733, 2025 ₹1120, 2026 ₹1283, 2027 ₹1468, 2028 ₹1679, 2029 ₹1923, 2030 ₹2199.
REC Share Price Target Projections 2024 – 2030
|
YEAR |
SHARE PRICE TARGET |
|
2024 |
₹733 |
|
2025 |
₹1120 |
|
2026 |
₹1283 |
|
2027 |
₹1468 |
|
2028 |
₹1679 |
|
2029 |
₹1923 |
|
2030 |
₹2199 |
REC Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030
REC Share Price Target for 2024-2030: ₹733 in 2024, ₹1120 in 2025, ₹1283 in 2026, ₹1468 in 2027, ₹1679 in 2028, ₹1923 in 2029, ₹2199 in 2030.
Read Also
- Tata Steel Share Price Targe 2024-2030:
- Tata Power Share Price Target
- Rail Vikas Nigam Limited Share Price Target
REC Share Price 2024
REC is anticipated to maintain its upward performance trajectory in 2024, supported by its regular earnings and strategic position in India’s power sector. The company’s capacity to secure favorable financing and the increasing demand for power in rural areas are expected to boost its profitability, as indicated by the target price of ₹733 for 2024.
REC Share Price 2025
By 2025, REC Share Price is forecasted to reach ₹1,120, showcasing the company’s increasing influence in India’s energy sector. With the government promoting rural electrification and infrastructure development, REC’s financing role becomes more crucial. Furthermore, enhancements in the firm’s debt management and profitability are anticipated to boost investor confidence.
REC Share Price 2026
In 2026, REC is expected to strengthen its position as a prominent financial entity in the power sector. The target REC Share Price of ₹1,283 reflects the increasing need for rural electrification, along with REC’s efforts to broaden its portfolio and explore opportunities in renewable energy financing.
REC Share Price 2027
As REC continues to grow, REC’s Share Price is projected to reach ₹1,468 by 2027. This growth is likely to be supported by the company’s robust financials, competent leadership, and ongoing government support for rural electrification initiatives. Moreover, REC’s expansion into newer, more lucrative ventures and industries could enhance value for its shareholders.
REC Share Price 2028
By 2028, REC’s Share Price is expected to reach ₹1,679. This target showcases the company’s continuous initiatives to enhance its operational efficiency, manage its debt portfolio efficiently, and leverage the growing demand for power in India. With a robust financial performance and a clear strategic direction, REC is poised to provide substantial returns to its investors.
REC Share Price 2029
The REC Share Price is anticipated to increase to ₹1,923 by 2029, driven by the company’s focus on expanding its financing portfolio and seeking new opportunities in the energy sector. With the increasing demand for energy infrastructure, REC’s investments in both conventional and renewable energy projects are expected to generate significant returns, leading to a rise in its stock value.
REC Share Price 2030
In anticipation of 2030, REC aims to reach a Share Price target of ₹2,199. This reflects the company’s long-term growth potential, supported by its strong market position, steady financial performance, and strategic initiatives to explore new opportunities in India’s changing energy landscape. Investors can expect REC to maintain its importance in the energy sector, providing sustainable growth and value in the coming years.
REC Share Price Overview
- Open: ₹594.10
- High: ₹597.05
- Low: ₹588.55
- Market Cap: ₹1.55 Lakh Crores
- P/E Ratio: 10.62
- Dividend Yield: 2.79%
- 52-Week High: ₹654.00
- 52-Week Low: ₹230.55
- Current Price: ₹590.70 (+146.07% over the past year)
Shareholding Pattern for REC Share Price
- Promoters: 50.63%
- Foreign Institutions (FII/FPI): 20.43%
- Retail and Others: 12.26%
- Mutual Funds: 9.11%
- Other Domestic Institutions: 5.56%
Recent Trends and Updates REC Share Price
- Promoter holdings remained consistent at 50.63% in the June 2024 period.
- FII/FPI holdings saw a slight increase from 19.91% to 20.43% during the same period, with the number of FII/FPI traders growing from 921 to 978.
- Mutual fund holdings decreased from 9.48% to 9.11% in the June 2024 quarter, while the total number of mutual fund schemes rose from 36 to 38.
- Institutional holdings experienced a slight decrease from 35.40% to 35.16% in the June 2024 period.
Disclaimer: Stock targets and forecasts are intended for educational purposes solely and may not be dependable for making investment choices. Utilize this information at your own discretion. This does not constitute a solicitation to purchase or sell stocks. fullorissa.com and its writers are not responsible for any incurred losses. This does not serve as investment advice; it is recommended to seek professional guidance before proceeding with any investment choices. Approach investing with caution and ensure you are well-informed.
Factors Influencing REC Share Price
Government Policies and Support for REC Share Price
REC’s expansion is intricately linked to government policies regarding rural electrification and infrastructure enhancements. Sustained support and positive regulations are expected to greatly enhance the company’s overall performance.
Expansion into Renewable Energy for REC Share Price
As India moves towards cleaner energy sources, REC’s expansion into renewable energy financing is expected to create new revenue streams, potentially affecting REC Share Price.
Economic Conditions for REC Share Price
Macroeconomic elements such as inflation, interest rates, and general economic growth in India may also have a significant impact on determining REC Share Price.
Operational Efficiency for REC Share Price
REC’s ability to efficiently control its operations, alongside managing costs, servicing debt, and maintaining strong profit margins, is likely crucial to its financial prosperity.
Global Investment Trends for REC Share Price
Overseas institutional traders (FII/FPI) are showing a growing interest in REC’s stock, indicating confidence in its long-term growth prospects. The ongoing inflow of foreign investments is expected to boost the share price even more.
