Religare Enterprises Ltd is a well-known Indian financial services company offering a range of products, including loans, health insurance, and investment solutions. It focuses on supporting small and medium-sized businesses while also catering to individual customers. The company is recognized for its commitment to delivering accessible financial services and is associated with its popular health insurance brand, now called Care Health Insurance. Religare Enterprises Share Price on NSE as of 23 December 2024 is 309.30 INR. Here will provide you more details on Religare Enterprises Share Price Target 2024, 2025, 2026 to 2030.
Religare Enterprises Ltd: Market Overview
- Open: ₹313.50
- High: ₹316.90
- Low: ₹305.75
- Previous Close: ₹309.45
- Volume: 1,679,018
- Value (Lacs): ₹5,197.40
- VWAP: 311.45
- P/E ratio: 48.03
- UC Limit: ₹371.30
- LC Limit: ₹247.60
- 52 Week High: 3₹20.00
- 52 Week Low: ₹201.60
- Mkt Cap (Rs. Cr.): ₹10,233
- Face Value: ₹10
Religare Enterprises Ltd Competitors Companies
Religare Enterprises Ltd operates in the financial services sector, offering products like loans, health insurance, and investment solutions. Here are four competitor companies along with their approximate market capitalizations:
- Edelweiss Financial Services Ltd.: A diversified financial services company providing credit, wealth management, and insurance services, with a market capitalization of approximately ₹12,126.93 crore.
- IIFL Finance Ltd.: A leading financial services provider offering loans, wealth management, and financial advisory services, with a market capitalization of around ₹18,402.26 crore.
- Motilal Oswal Financial Services Ltd.: A diversified financial services firm specializing in brokerage, asset management, and investment banking, with a market capitalization of approximately ₹60,677 crore.
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Aditya Birla Capital Ltd.: A financial services company offering a wide range of products, including life insurance, asset management, and lending solutions, with a market capitalization of about ₹51,458 crore.
Religare India Share Price Chart
Religare India Share Price Target Tomorrow 2024 To 2030
| Religare India Share Price Target Years | Share Price Target |
| 2024 | ₹320 |
| 2025 | ₹400 |
| 2026 | ₹500 |
| 2027 | ₹600 |
| 2028 | ₹700 |
| 2029 | ₹800 |
| 2030 | ₹900 |
Religare India Share Price Target 2024
Religare India share price target 2024 Expected target could be ₹320. Here are four key factors that could affect the growth of Religare India’s share price target in 2024:
1. Expansion of Financial Services
- Growth in loan disbursement, health insurance policies, and investment services will be crucial for revenue and share price performance.
2. Regulatory Environment
- Favorable government policies and compliance with financial regulations can create opportunities for growth, while stricter norms might pose challenges.
3. Economic Growth and Demand
- A growing economy and increased demand for financial products, especially among small and medium businesses, can boost the company’s financial performance.
4. Cost Management and Profitability
- Maintaining low operating costs and achieving higher profit margins will play a significant role in gaining investor confidence and improving share price targets.
Religare India Share Price Target 2025
Religare India share price target 2025 Expected target could be ₹400. Here are four key factors that could influence the growth of Religare India’s share price target in 2025:
1. Market Penetration and Customer Base Expansion
- Increasing its presence in untapped markets and attracting more customers, especially in health insurance and SME loans, can drive revenue growth.
2. Digital Transformation and Innovation
- Adoption of advanced technologies like AI-driven financial solutions and digital platforms will enhance operational efficiency and customer experience, attracting investors.
3. Competition in the Financial Sector
- Religare’s ability to compete effectively with established players by offering competitive rates and unique products will significantly impact its market position.
4. Macroeconomic Factors
- Economic stability, interest rate trends, and inflation levels will influence consumer spending and borrowing behavior, directly affecting Religare’s growth prospects.
Religare India Share Price Target 2030
Religare India share price target 2030 Expected target could be ₹900. Here are four potential risks and challenges that could impact Religare India’s share price target by 2030:
1. Regulatory Changes
- Stringent financial regulations or changes in government policies could increase compliance costs and operational complexities, affecting profitability.
2. Market Competition
- Intense competition from established financial institutions and new fintech companies could limit Religare’s market share and revenue growth.
3. Economic Uncertainty
- Global and domestic economic slowdowns, inflation, or financial crises may reduce demand for loans, insurance, and investment products, impacting business performance.
4. Technological Lag
- Failure to keep pace with rapid technological advancements and digital transformation in the financial services sector could lead to a loss of competitive edge.
Religare Enterprises Ltd Shareholding Pattern
- FII: 8.01%
- DII: 13.43%
- Public: 78.56%Â
Religare Enterprises Ltd Financials
| (INR) | 2024 | Y/Y change |
| Revenue | 62.83B | 34.10% |
| Operating expense | 52.13B | 29.26% |
| Net income | 2.33B | -92.44% |
| Net profit margin | 3.71 | -94.36% |
| Earnings per share | — | — |
| EBITDA | 3.14B | -29.72% |
| Effective tax rate | 22.40% | — |
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