Raj Rayon Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Raj Rayon Fundamentals, Businesses, Future Plans and more

Raj Rayon Industries Ltd., As we know, this stock is engaged in manufacturing and trading of Polyester Chips, Polyester Yarn and Processed Yarn. And it is believed that a very good growth will be seen in the company of this sector. Many investors also believe that this stock can prove to be a multibagger in future, So let us know how true it is.

Hey friends, I am Sachin an author of wasteorinvest. In today’s article we are going to talk about the Raj Rayon Share in which we will try to cover its fundamentals and businesses. And after doing detailed analysis of share we will try to predict the Raj Rayon Share Price Target, so let’s get started.

About Raj Rayon Industries Ltd

Raj Rayon Industries publically traded company that is engaged in the manufacturing and sale of synthetic textiles, including polyester and nylon filament yarns, as well as specialty yarns and fabrics. The company was incorporated in 1992 and is headquartered in Mumbai, India.

The products portfolio of Raj Rayon company includes a range of synthetic yarns, fabrics, and textile products used in various industries such as textiles, automotive, home furnishings, and healthcare. The company also offers value-added services some of them are dyeing, printing, and finishing of fabrics to meet the specific requirements of its customers.

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Raj Rayon Financial Trends

Let’s talk about the revenue and profit of Raj Rayon Share –

Its revenue in 2019 has been ₹18.16 crore and profit is ₹-48.26 crore. There was a revenue of ₹0 crore in 2020 and a profit of ₹-33.91 crore. In the same 2021, there was a profit of ₹-34.78 crore with a revenue of ₹0 crore. And this year i.e. in 2022 there has been a profit of ₹641 crores with a revenue of ₹0.6 crores.

Raj Rayon Share Price Target table list

Year	Minimum Price	Maximum Price
Raj Rayon Share Price Target 2023	₹54	₹60
Raj Rayon Share Price Target 2024	₹70	₹75
Raj Rayon Share Price Target 2025	₹92	₹100
Raj Rayon Share Price Target 2026	₹114	₹119
Raj Rayon Share Price Target 2027	₹128	₹135
Raj Rayon Share Price Target 2028	₹150	₹160
Raj Rayon Share Price Target 2029	₹185	₹200
Raj Rayon Share Price Target 2030	₹250	₹280

Raj Rayon Share Price Target 2025 – 2030

Raj Ryan has very bad fundamentals. The Earnings per Share (EPS) of the stock is of -78, which is very bad. Along with this, the company has huge debt of ₹29 crore, And it is not considered good to have too much debt on such a company.

There is no surety of how much the company will grow further, so investing in it will be very risky. But what we may expect to see Raj Ryan share price target 2025 of ₹92 and the maximum price can be ₹100.

Due to the poor fundamentals and financial conditions of the company, we will not see good returns in the long term. Talking about the Raj Rayon Share Price Target 2030, the minimum and maximum price can be ₹250 and ₹280 respectively.

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Conclusion

There is a lot of chance for the share of this sector to grow. Raj Rayon is a stock with some bad fundamentals, on which many people are not sure that it will give good returns it future.

Whatever it is, if you invest in any stock, then you need to take the advice of an expert and do some basic research on the company itself, so that you can be more sure about the stock. I hope you got to learn a lot by reading this article. If possible then share it as much as possible so that more people know about it.

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DISCLAIMER – Stock Market Investment are subject to market risks, read all scheme related documents carefully before investing.