Rajnandini Metal Share Price Target 2024, 2025, 2026, 2030

Updated on: February 17, 2024

If you are looking for the Rajnandini Metal Share Price Target 2024, 2025, 2026, 2030 on the basis of it’s fundamental and technical analysis then this post would definitely be very useful for you.

Through this article, we will discuss with you the targets of Rajnandani Metal Company for the coming years on the basis of its fundamental and technical analysis. All the targets shared in this article are based on its fundamental and technical analysis.

If you are thinking of investing in any metal sector company, and have shortlisted Rajnandini Metal Company for this, then the information shared in this article can be very useful for you. Because you need to know all this information before investing.

About Rajnandini Metal

Rajnandani Metal Company was started as a private limited in 2010 and in 2019 it was made a public company and listed in the stock market. This company is currently listed in NCC.

This company mainly works in the field of metal and it manufactures many types of products. Like annealed bare copper wire, fine copper wire, bunched copper wire and flat cables, along with this the company also manufactures other products like MC, MC Box Switch Care LED Lighting.

At present, the business of Rajnandini Metal Company is spread in about 15 countries and due to the good quality of its products, the company is developing its business day by day in other regions and other countries also.

Rajnandini Metal Stock Basic Analysis

Current Market Price	Rs. 9.05
Market Cap	Rs. 250 crore
P/E Ratio	18.3
EPS	0.49
52 Week High	Rs. 32.6
52 Week Low	Rs. 8.10
Book Value	Rs. 1.50
Dividend Yield	0.74%
ROCE	29.2%
ROE	38.5%
Promoters Holding	73.24%
Public Holding	26.76%

At present the market capitalization of Rajnandini Metal Company is Rs 250 crore. Which is not much according to the sector, but the way the sales growth of the company is increasing, the market share can increase rapidly in the coming years.

Along with this, promoter holding in its stock is about 74% while public holding is about 26%. There are no institutions or mutual funds holding this stock, hence this stock is considered a slightly risky investment.

Both its ROCE and ROE are good, based on this we can make small investments in it. If you are looking for a stock whose price is currently running around ₹ 10 in the stock market, then Rajnandini Metal can be a very good stock. If its business does well then it can prove to be a multi-bagger as well.

Rajnandini Metal Share Price Target 2024

Rajnandani Metal Company is bringing some changes in its business model to grow its business as much as possible. Like it is paying more attention in manufacturing of high selling products like MCB box, LED lighting, pipeline products etc.

Because most of the business of Rajnandini Metal is in this sector, so this company is working ahead by making this sector its USP.

If the management of the company first builds its strength in one sector and then gradually expands its hold in other sectors, then its business can grow very fast again.

If we talk about its targets for the year 2024, its first target can be ₹11 while its second target can also go up to ₹12.

First Target 2024	11
Second Target 2024	12

Rajnandini Metal Share Price Target 2025

The profit of Rajnandini Metal Company is increasing very fast every year. When this company was listed in the stock market, i.e. in 2019, its profit was only Rs 1 crore, whereas in 2023 its profit has increased to around Rs 14 crore. From this you can get an idea of how the management of the company is making good profits with its small funds.

If the management of the company continues to work well then its profit can increase day by day and this can be a very good news for its investors. That is why the stock can be a very good pick for long term investment because at present it is seen trading at around ₹10 in the Indian stock market.

In the year 2025, the share of Rajnandini Metal Company can trade between ₹ 13 to ₹ 15 in the Indian stock market.

First Target 2025	13
Second Target 2025	15

Rajnandini Metal Share Price Target 2026

At present Rajnandani Metal Company is expanding its business in only a few areas. But as its profit and revenue increase, the company will definitely think about expanding its business in other areas also and by doing so, its profit and revenue will also grow rapidly.

If we look at the present conditions, then this company is in a very good financial condition, neither this company has any big loan nor this company is running in loss. The company is making little profit but its profit is growing very fast every year which gives a reason to invest in it.

In the year 2026, Rajnandini Company’s stock may be seen trading between ₹ 17 to ₹ 20.

First Target 2026	17
Second Target 2026	20

Rajnandini Metal Share Price Target 2030

In the long run i.e. till 2030, a lot of growth can be seen in the business of this company. Because the way the company is increasing its revenue and profit little by little, in the long run its profit will have increased a lot.

Therefore, for an investor who currently invests in it at the price of ₹ 10 per share, his profit can be four times to six times. That is why if you want to invest in the shares of Rajnandini Metal Company, then do it for the long term and never invest in this company thinking about the profit in the short term.

By 2030, Rajnandini Metal Company’s stock could be seen trading between ₹40 and ₹60.

First Target 2030	40
Second Target 2030	60

Rajnandini Metal Share Price Target 2024-2030

Year	First Target	Second Target
2024	11	12
2025	13	15
2026	17	20
2027	22	24
2028	25	27
2029	33	37
2030	40	60

Share-Holding Pattern of Rajnandini Metal

If we talk about the share holding pattern of Rajnandini Metal Company, then the promoters hold about 73.24% of the stock while Retail Investor has about 26.76% of the stock. This does not include the holding of any mutual fund or institutions.