REC Ltd’s share price is projected to see significant growth in the coming years. For 2024, the REC Ltd share price target 2024 ranges from ₹406 to ₹856, with an average of ₹621.80. By 2025, the RECLTD share price target 2025 is expected between ₹650 and ₹1,470, averaging around ₹825.65. Looking further ahead, the REC Ltd share price target 2030 could reach between ₹3,054 and ₹4,000. Currently, the RECLTD share price stands at approximately ₹590.70, reflecting a remarkable 146.07% increase over the past year. With a market capitalization of ₹1.55 lakh crores, REC Ltd is strategically focusing on expanding its renewable energy portfolio to 30% by 2030 and aims to double its assets under management to ₹10 trillion during this period.
1. REC Ltd Share Price Target 2024
Overview of REC Ltd Share Price Target 2024
The REC Ltd share price target 2024 presents a promising outlook for investors. The price is anticipated to vary as follows:
| Target Type | Price (₹) |
|---|---|
| Minimum Price | ₹406 |
| Maximum Price | ₹856 |
| Average Target | ₹621.80 |
Monthly Breakdown for REC Ltd Share Price Target 2024
- January: ₹430.50 – ₹510.00
- February: Expected stability around ₹500
- March: Potential rise to ₹540
- December: ₹670 – ₹856
These projections for the REC Ltd share price target 2024 indicate a strong recovery and growth potential in the upcoming months.
2. REC Ltd Share Price Target 2025
Future Projections for REC Ltd Share Price Target 2025
The RECLTD share price target 2025 highlights an optimistic scenario for investors. The anticipated price range includes:
| Target Type | Price (₹) |
|---|---|
| Minimum Price | ₹650 |
| Maximum Price | ₹1,470 |
| Average Target | ₹825.65 |
This substantial growth in the REC Ltd share price target 2025 reflects the company’s efforts to enhance its financial health and market presence.
3. REC Ltd Share Price Target 2030
Long-Term Outlook for REC Ltd Share Price Target 2030
Looking ahead, the REC Ltd share price target 2030 suggests a remarkable increase:
| Target Type | Price (₹) |
|---|---|
| Minimum Price | ₹3,054 |
| Maximum Price | ₹4,000 |
This forecast for the REC Ltd share price target 2030 is driven by strategic initiatives aimed at expanding REC Ltd’s renewable energy investments.
4. Current Share Performance of RECLTD Share Price
As of now, the RECLTD share price is approximately ₹590.70. This figure marks an impressive rise of 146.07% over the past year. Here are some key financial metrics:
- Market Capitalization: ₹1.55 lakh crores
- P/E Ratio: 10.62
- Dividend Yield: 2.79%
These metrics indicate a strong financial foundation, making REC Ltd an attractive option for investors looking at the RECLTD share price.
5. Recent News Highlights for REC Ltd News
Key REC Ltd News
- Renewable Energy Focus: REC Ltd aims to boost its renewable energy sector share from 10% to 30% by 2030.
- Asset Management Goals: The company plans to double its assets under management to ₹10 trillion by 2030.
- Profit Growth: REC reported a substantial rise in consolidated net profit for Q4 FY24, amounting to ₹4,079 crore.
Current REC Share News
These developments in REC share news signal a proactive approach to growth and sustainability, appealing to both current and potential investors.
6. Investment Considerations for REC Ltd
Investors are optimistic about REC Ltd due to several factors:
- Government Support: Favorable policies for rural electrification.
- Diversification: Investment in renewable energy projects.
- Consistent Profitability: A history of profitability and regular dividend payments.
Potential Risks
- Stressed Assets: Exposure to stressed assets could pose risks.
- Regulatory Changes: Changes in government policies affecting the energy sector may impact performance.
Conclusion
Overall, REC Ltd presents a compelling investment opportunity with promising growth prospects in both conventional and renewable energy sectors. The projections for REC share price target 2025, REC Ltd share price target 2024, and REC Ltd share price target 2030 demonstrate potential for significant appreciation in value.
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