Here, we will share information related to REC Ltd Share Price Target 2024, 2025, 2026, 2028, and 2030 in detail so that you can take decisions for your investment in the share of REC Ltd company.
REC Ltd is a company under the Government of India, which works to provide finance to the company associated with the power sector.
Just as the business of the power sector company is growing rapidly, similarly the business of REC Ltd company is also growing rapidly.
In today’s post, we will share information about REC Ltd stock’s target for the coming years on the basis of fundamental and technical analysis.
REC Ltd Company Information
REC Ltd is a government company that comes under the Ministry of Power. This company was established in 1969 and the headquarter of REC Ltd is situated in Delhi, India.
This company has been started mainly for financing and promoting rural electrification projects.
This Company provides financial services to renewable energy projects such as solar, wind, small hydro, biomass, etc.
At present, the total market value of this company is 30033 crores and it is known as a big company financing the power sector.
REC Ltd Share Price Target 2024
REC Ltd company comes under the Ministry of Power, Government of India. This company mainly earns profit by providing finance facilities to the power sector businesses.
At present, the business of the power sector company is growing very fast and many power sector companies are earning very good profits.
And as the business of the power sector is increasing, we will definitely see growth in the business of REC Ltd.
Recently, REC Ltd’s stock is seen performing very well in the market and big investors are also investing in its stock.
The first target of REC Ltd stock for the year 2024 can be Rs 125 and the second target can be Rs 128.
| First Target 2024 | 125 |
| Second Target 2024 | 128 |
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REC Ltd Share Price Target 2025
If the performance of REC Ltd company is seen in the last 1 year, in the last 1 year this company has given returns of about 25 percent to its investors, which is very good.
And the management of REC Ltd company is working very well so that the profit margin can be increased as much as possible, its benefits are being seen in its business as well.
And along with the power sector, now this company is considering doing finance work for many other sector companies as well.
Very soon REC Ltd will diversify its business and start providing finance in other sectors as well.
For the year 2025, the first target of REC Ltd company’s stock can be Rs 140 and the second target can be Rs 148.
| First Target 2025 | 140 |
| Second Target 2025 | 148 |
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REC Ltd Share Price Target 2026
As the whole of India is moving towards Digital India, in the same way, the requirement for power is also increasing and the business of the power sector is also increasing rapidly.
No big company can grow its business fast without finance, that’s why every power company needs finance which REC Ltd provides.
Along with the power sector, this company has also started finance facilities in Metro, Road Highway, Steel, Oil Refinery, Health Sector, etc. at present.
By doing this, we can definitely see a boom in the company’s business.
For the year 2026, the first target of REC Ltd company support can be Rs 155 and the second target can be Rs 162.
| First Target 2025 | 155 |
| Second Target 2026 | 162 |
REC Ltd Share Price Target 2028
If we look at the last few years, the power sector companies are paying attention to the work of power production from renewable sources.
To do this, all the companies in the power sector need maximum loans and they get this loan from REC Ltd company only.
Due to this the business of REC Ltd company is seeing more boom than last year, and looking at the demand for power in future, it seems that the business of REC Ltd company will see even more boom in the coming years.
For the year 2028, the first target of this company’s stock can be Rs 175 and the second target can be Rs 184.
| First Target 2028 | 175 |
| Second Target 2028 | 184 |
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REC Ltd Share Price Target 2030
According to the long term, this company can be a very good option to invest, in because it has seen good growth in both business management and profits for some time.
And the management of the company is working keeping in mind the long term, the benefit of which can only be received by long-term investors.
If you are planning to invest in REC Ltd for the short term, then you should not do this because REC Ltd can give you losses in the short term.
For the year 2030, the first target of REC Ltd company’s stock can be Rs 217 and the second target can be Rs 229.
| First Target 2030 | 217 |
| Second Target 2030 | 229 |
REC Ltd Share Price Target 2023-2030
| Year | First Target | Second Target |
|---|---|---|
| 2024 | 125 | 128 |
| 2025 | 140 | 148 |
| 2026 | 155 | 162 |
| 2027 | 168 | 172 |
| 2028 | 178 | 181 |
| 2029 | 175 | 184 |
| 2030 | 188 | 197 |
| 2032 | 217 | 229 |
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Competitors of REC Ltd.
- Power Finance Corporation (PFC)
- National Thermal Power Corporation (NTPC)
- NHPC Limited
- GMR Energy Limited
- CESC Limited
Share Holding Pattern of REC Ltd.
- President of India – 51.46%
- Life Insurance Corporation of India – 10.79%
- State Bank of India – 7.24%
- Power Finance Corporation – 5.83%
- Other Shareholders – 24.68%
Conclusion
Through this post, we discussed REC Ltd Share Price Target 2024, 2025, 2026, 2028, and 2030. It is expected that the information shared in this post will definitely be beneficial for you.
But if you are planning to invest in REC Ltd company, then you must do a technical and fundamental analysis of its stock well or must take advice from your financial advisor.
This post is for information purposes only
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