Rattan india Power Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Rattan Power Financial Trends, Fundamentals, Businesses and more

Shares of Rattanindia Power used to be Rs 40 at one time and today it is Rs 4. So even if the price falls so much, it may have a good future? So should we buy this Rattan Power stock and will it go up from here?

And will it become a multibagger in future? We will know everything in this blog, so stick till the end.

Hey friends, in this post we are going to do a detailed analysis of Rattaindia Power Share. We will also analyze the fundamentals and financial trends of the company through this post. And at the end we will try to predict Rattan india Power Share Price Target after understanding the company properly. So, let’s get started.

About Rattan india Power

RattanIndia Power Limited is an Indian company which is engaged in the generation, distribution and transmission of electricity. The company was founded in 2006 and is headquartered in New Delhi, India. Rattan india operates a number of power plants, including coal-fired, gas-fired, and renewable energy plants in India. It also has a presence in the international market, with projects in the Middle East, Africa, and South Asia.

The company is listed on the National Stock Exchange of India and the Bombay Stock Exchange. It is a publicly traded company and its shares are owned by a variety of shareholders, including institutional investors and individual investors.

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Rattan india Power Shareholding

• Promoters have 44.06%
• Retail and Others have 48.33%
• Domestic Institutional Investors have 7.29%
• And Foreign Institutional Investors have 0.32% of Rattan india Power Share

Promoters and domestic institutional investors have reduced their holding which is not a good thing. The holding of promoters was 44.19% in the September quarter of 2021 and 13.85% of domestic institutional investors, which has decreased to 44.06% and 7.29% in the September quarter of 2022.

Rattan india Power Fundamentals

Market Cap	₹2,605 Cr
ROE	N/A
EPS	₹-3.77
P/E Ratio	1.41
Book Value	₹-8.44
Dividend Yield	0.00%
Debt	₹11,283 Cr
Debt To Equity	N/A

Rattan india Power Financial Trends

If we talk about the Revenue and Profit of Rattan india Power Company then –

Its revenue in 2019 has been ₹1,924 Cr and profit is ₹-3,321 Cr. There was a revenue of ₹1,774 Cr in 2020 and a profit of ₹165 Cr. In the same 2021, there was a profit of ₹-942 crore with a revenue of ₹1,560 Cr. And this year i.e. in 2022 there has been a profit of ₹-1,981 Cr with a revenue of ₹3,260 Cr.

Rattan india Power Share Price Target 2023, 2024, 2025, 2026, 2030 Table

Target Year	Minimum Price	Maximum Price
Rattan india Power Share Price Target 2023	5	5.20
Rattan india Power Share Price Target 2024	6.90	7.20
Rattan india Power Share Price Target 2025	9.40	9.80
Rattan india Power Share Price Target 2026	12.10	12.30
Rattan india Power Share Price Target 2027	15.00	16.00
Rattan india Power Share Price Target 2028	19.00	20.50
Rattan india Power Share Price Target 2029	24	26
Rattan india Power Share Price Target 2030	30	34

Rattan india Power Share Price Target 2023

Share price target of Rattan india Power can be Rs 5 and second target can be Rs 5.20 in 2023.

Rattan india Power Share Price Target 2024

Share price target of Rattan india Power can be Rs 6.90 and second target can be Rs 7.20 in 2024.

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Rattan india Power Share Price Target 2025

Share price target of Rattan india Power can be Rs 9.40 and second target can be Rs 9.80 in 2025.

Rattan india Power Share Price Target 2030

Share price target of Rattan india Power can be Rs 30 and second target can be Rs 34 in 2030.

Will it be right to buy Rattan India shares?

The company has a diverse portfolio of power generation assets, including coal-fired power plants, gas-fired power plants, solar power plants, and wind power plants. It is focused on expanding its renewable energy capacity and has set a target of achieving 5,000 MW of renewable energy capacity by 2025, which is good.

But at present, the fundamentals of the company are not good at all and it is getting worse gradually. If we look at its P/E ratio, it is now 1.41 and its profit is falling, so it will be considered bad P/E. It can also be understood that no one is interested in buying it, so its P/E is low. And Rattan Power’s EPS is also negative -3.77 which is not good. And even its book value is also negative which is -8.44, which is very bad.

If we look at its financials, then it is continuously losing and it has caused a loss of -1981 crores in 2022. Apart from this, there is also a lot of debt on the company of 11283 crores, which is very high according to its equity. So would it be right to invest in Ratan Power’s stock?

If I give my opinion then stay away from this stock. If you invest in this, then the chances of growing your money are very less, but the chances of losing are very high. What do you think friends, whether it will be right to invest in it or not, please comment and tell.

For more details about the stock watch this video –

Conclusion

The target price that is being told on the basis of technical analysis and its technical keeps on changing from time to time. That’s why this price target is not accurate, if you invest in it, do it on the basis of your research and never invest due to greed.

I have written this article i.e. Rattan india Power Share Price Target 2023, 2024, 2025, 2026, 2030 on the request of you people only, so if you also want to know about any other share, then you can comment. We will definitely discuss about that in the upcoming article. If you have any questions regarding this than you can we will definitely try to reply you best.

FAQs

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