REC Share Price Target Tomorrow 2024 To 2030- Market Overview, Income Statement

REC Limited (formerly known as Rural Electrification Corporation) is a leading public sector enterprise in India, focused on financing power sector projects. Established in 1969, REC plays a crucial role in providing financial assistance for energy generation, transmission, and distribution. It supports both renewable and non-renewable energy projects, helping to improve the power infrastructure across the country. REC  Share Price on NSE as of 18 October 2024 is 544.85 INR. Here are more details on REC Share Price Target 2024, 2025, 2026 to 2030.

REC Limited: Market Overview

• Open Price: ₹538.90
• High Price: ₹548.50
• Low Price: ₹531.00
• Previous Close: ₹542.35
• Volume: 4,184,490
• Value (Lacs): ₹22,857.78
• VWAP: ₹541.73
• UC Limit: ₹596.55
• LC Limit: ₹488.15
• P/E ratio: 9.80
• Div yield: 3.03%
• 52-wk high: ₹654.00
• 52-wk low: ₹259.45
• Mkt cap: ₹1.43LCr
• Face Value: ₹10

REC Share Price Chart

REC Share Price Target Tomorrow 2024 To 2030

REC Share Price Target 2024

REC share price target 2024 Expected target could be ₹690. Here are three key factors that could affect REC Limited’s share price growth in 2024:

1. Government Policies and Initiatives: REC’s growth is closely tied to government initiatives in the power and energy sector. Any new policies supporting renewable energy, rural electrification, or infrastructure development could positively impact its share price.
2. Interest Rate Movements: Being a financing company, changes in interest rates will directly affect REC’s borrowing costs and margins. A favorable interest rate environment can boost profitability and investor sentiment.

3. Power Sector Performance: The performance of the power sector, including demand for electricity and investments in infrastructure, will influence REC’s business growth. A strong focus on energy transition and power generation projects will likely drive its share price upward.

REC Share Price Target 2025

REC share price target 2025 Expected target could be ₹1112. Here are three risks and challenges that could impact REC Limited’s share price target in 2025:

1. Regulatory Changes: Unfavorable changes in government regulations or policies, especially related to the power sector or financing norms, could negatively affect REC’s growth prospects and investor confidence.
2. High Debt Levels: As a financing company, REC is exposed to risks related to its debt levels. An increase in non-performing assets (NPAs) or defaults by power sector borrowers could strain its financial health and impact profitability.

3. Energy Transition Challenges: The global shift toward clean energy could pose challenges if REC is unable to adapt quickly enough. A slow transition to financing renewable energy projects or reliance on traditional power sectors could limit growth and affect long-term competitiveness.

REC Share Price Target 2030

REC share price target 2030 Expected target could be ₹2195. Here are three key risks and challenges that could affect REC Limited’s share price target by 2030:

1. Shift Toward Renewable Energy: As the global push for clean energy intensifies, REC may face challenges if it doesn’t pivot quickly enough from financing traditional power projects to renewable energy. A slow adaptation to this shift could reduce its relevance and growth potential.
2. Economic and Political Uncertainty: Long-term economic downturns, inflation, or political instability in India could impact REC’s operations and the power sector it finances. Prolonged uncertainty may lead to reduced demand for infrastructure funding and affect REC’s profitability.

3. Technological Disruptions: Advances in energy technologies, like battery storage and decentralized energy solutions, could disrupt REC’s traditional business model. The company might struggle to maintain its market position if it doesn’t innovate or align with these emerging trends.

Shareholding Pattern For REC Limited

• Promoters: 52.63%
• Foreign Institutions (FII/FPI): 20.43%
• Retail and Others: 12.26%
• Domestic Institutions: 14.68%

For more details follow the official webpage: https://www.integraessentia.com/

REC Limited Financials

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