RattanIndia Enterprises Ltd is a diversified company in India focused on emerging business areas like e-commerce, fintech, and electric mobility. It aims to drive growth through innovation, venturing into new-age industries with high growth potential. The company has made strategic investments in electric vehicles through Revolt Motors, India’s leading electric motorcycle brand, reflecting its commitment to sustainable energy. RattanIndia Enterprises Share Price on NSE as of 1 November 2024 is 74.65 INR. Here will provide you more details on RattanIndia Enterprises Share Price Target 2024, 2025, 2026 to 2030.
Rattanindia Enterprises Ltd: Market Overview
- Open Price: ₹65.90
- High Price: ₹75.50
- Low Price: ₹64.80
- Previous Close: ₹74.20
- Volume: 4,761,631
- Value (Lacs): ₹3,596.94
- VWAP: ₹76.15
- UC Limit: ₹89.04
- LC Limit: ₹59.36
- P/E ratio: 9.38
- Div yield: N/A
- 52-wk high: ₹94.85
- 52-wk low: ₹51.50
- Mkt cap: ₹10.40KCr
- Face Value: ₹2
Rattanindia Enterprises Ltd Competitors
Here are four companies that could be considered competitors to RattanIndia Enterprises Ltd, given its focus on diverse emerging sectors like fintech, electric mobility, and digital solutions:
- Tata Power Company Ltd – With a market capitalization of approximately ₹88,000 crore, Tata Power is investing significantly in electric vehicle infrastructure and renewable energy, directly competing in the electric mobility space.
- Adani Enterprises Ltd – With a market cap of around ₹2.8 lakh crore, Adani Enterprises operates in multiple industries, including renewables and digital infrastructure, making it a competitive player in various sectors RattanIndia operates in.
- Hero MotoCorp Ltd – Valued at around ₹55,000 crore, Hero MotoCorp has ventured into the electric vehicle space through its subsidiary Ather Energy, positioning itself as a competitor in the EV market.
-
M&M Ltd (Mahindra & Mahindra) – With a market cap of roughly ₹1.4 lakh crore, Mahindra & Mahindra is involved in electric vehicles, fintech, and various digital initiatives, making it a competitor across multiple areas of RattanIndia’s business.
RattanIndia Enterprises Share Price Chart
RattanIndia Enterprises Share Price Target Tomorrow 2024 To 2030
RattanIndia Enterprises Share Price Target Years | Share Price Target |
2024 | ₹95 |
2025 | ₹156 |
2026 | ₹190 |
2027 | ₹225 |
2028 | ₹265 |
2029 | ₹297 |
2030 | ₹335 |
RattanIndia Enterprises Share Price Target 2024
RattanIndia Enterprises share price target 2024 Expected target could be ₹95. Here are three key factors that could impact the growth of RattanIndia Enterprises’ share price target for 2024:
- Expansion in Electric Vehicle (EV) Market: RattanIndia’s investment in electric mobility, especially through its Revolt Motors subsidiary, is a major growth area. Increasing demand for EVs in India and expanding infrastructure could positively influence the company’s growth and, subsequently, its stock price.
- Development in Fintech and Digital Services: The company’s initiatives in fintech and digital platforms have the potential to generate significant revenue. If RattanIndia can successfully scale its fintech solutions and attract a larger customer base, it could see substantial growth in 2024.
-
Regulatory and Policy Support: Government policies promoting renewable energy, electric mobility, and digital financial solutions can positively impact RattanIndia. Favorable regulations or incentives in these sectors would support the company’s growth, while any unfavorable changes could pose challenges.
RattanIndia Enterprises Share Price Target 2025
RattanIndia Enterprises share price target 2025 Expected target could be ₹156. Here are three key factors that could affect RattanIndia Enterprises’ share price target for 2025:
- Growth in Renewable Energy Sector: RattanIndia’s investments in clean energy, including solar and wind power projects, align with India’s increasing focus on renewable energy. As the country aims to boost green energy usage, successful expansion in this sector could significantly enhance RattanIndia’s revenue streams and support its share price growth.
- Expansion of Electric Mobility Offerings: By 2025, RattanIndia’s Revolt Motors could see increased adoption of electric bikes if it expands its product range and distribution. Rising consumer acceptance of electric vehicles and improvements in charging infrastructure could drive Revolt’s sales, impacting RattanIndia’s overall performance positively.
-
Digital and Fintech Platform Success: RattanIndia’s focus on digital finance could become a substantial growth driver if it effectively scales its fintech platform and captures a larger market share. Increased digitalization in India and growing demand for accessible financial solutions provide a favorable environment for its fintech ventures to thrive, potentially boosting the company’s value.
RattanIndia Enterprises Share Price Target 2030
RattanIndia Enterprises share price target 2030 Expected target could be ₹335. Here are three key factors that could influence RattanIndia Enterprises’ share price target for 2030:
- Leadership in Renewable and Clean Energy: RattanIndia’s focus on expanding its renewable energy portfolio, including solar and wind projects, positions it to benefit from India’s long-term commitment to sustainable energy. As government policies continue to encourage green energy initiatives, RattanIndia’s strategic investments in this sector could strengthen its market position and revenue growth by 2030.
- Advancements in Electric Mobility: By 2030, RattanIndia’s Revolt Motors could play a significant role in India’s electric vehicle (EV) sector if it remains competitive in product innovation and expands its EV charging infrastructure. Growing public demand for eco-friendly transportation options, coupled with advancements in battery technology, may drive strong revenue growth in this division.
-
Growth in Digital Financial Services: RattanIndia’s ventures into fintech could become a substantial growth engine by 2030 if the company successfully capitalizes on India’s digital transformation and provides accessible financial services. Increased digital adoption and potential regulatory support for financial technology in India create a favorable environment for RattanIndia’s fintech operations, which may contribute to long-term revenue and profit gains.
Rattanindia Enterprises Ltd Shareholding Pattern
- Promoters: 74.86%
- Retail and Others: 20.21
- FII: 4.83%
- Mutual Funds: 0.10%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: https://rattanindia.com/
Rattanindia Enterprises Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 56.10B | 36.03% |
Operating expense | 7.62B | 35.05% |
Net income | 4.26B | 249.73% |
Net profit margin | 7.60 | 210.14% |
Earnings per share | — | — |
EBITDA | 450.70M | -1.12% |
Effective tax rate | 6.20% | — |
Read Also:- Indigo Share Price Target Tomorrow 2024 To 2030- Stock Market Update