Riddhi Corporate Services Ltd is a diversified business services provider specializing in end-to-end solutions for corporate clients. The company offers a wide range of services, including human resource management, business support, and financial consultancy, tailored to meet the unique needs of its clients. Riddhi Corporate Share Price on BOM as of 28 November 2024 is 60.80 INR. Here will provide you more details on Riddhi Corporate Share Price Target 2024, 2025, 2026 to 2030.
Riddhi Corporate Services Ltd: Market overview
- Open Price: ₹60.97
- High Price: ₹61.83
- Low Price: ₹59.51
- Previous Close: ₹60.46
- Volume: 4,670
- Value (Lacs): ₹2.84
- VWAP: ₹60.83
- UC Limit: ₹72.55
- LC Limit: ₹48.37
- P/E ratio: 12.98
- Div yield: 1.61%
- 52-wk high: ₹153.95
- 52-wk low: ₹57.00
- Mkt cap: ₹70.88Cr
- Face Value: ₹10
Riddhi Corporate Share Price Chart
Riddhi Corporate Share Price Target Tomorrow 2024 To 2030
Riddhi Corporate Share Price Target Years | Share Price Target |
2024 | ₹154 |
2025 | ₹170 |
2026 | ₹180 |
2027 | ₹190 |
2028 | ₹200 |
2029 | ₹210 |
2030 | ₹220 |
Riddhi Corporate Share Price Target 2024
Riddhi Corporate share price target 2024 Expected target could be ₹154. Here are four key factors affecting the growth of Riddhi Corporate Services Ltd share price target for 2024:
- Increased Demand for Corporate Services
As businesses increasingly outsource HR, financial, and operational tasks, Riddhi Corporate is well-positioned to benefit from growing demand in the corporate services sector. - Economic Growth
A robust economic environment can lead to increased business activity, driving higher demand for the company’s tailored corporate solutions. - Expansion into New Markets
Efforts to diversify geographically or enter untapped sectors could boost the company’s revenue and strengthen its market presence. -
Technological Integration
Adopting advanced technology to improve service delivery and efficiency can attract more clients and enhance operational scalability, supporting future growth.
Riddhi Corporate Share Price Target 2025
Riddhi Corporate share price target 2025 Expected target could be ₹170. Here are four key factors affecting the growth of Riddhi Corporate Services Ltd share price target for 2025:
- Expansion of Service Offerings
By broadening its range of services, such as adding new business solutions or industry-specific offerings, Riddhi Corporate can attract more clients and enhance revenue streams. - Strategic Partnerships and Alliances
Forming collaborations with other leading firms or expanding its network can help the company access new markets, strengthen its client base, and enhance its service offerings. - Adoption of Digital and AI Solutions
Implementing advanced technology like artificial intelligence and automation can improve operational efficiency, reduce costs, and deliver more value to clients, leading to better growth prospects. -
Government Initiatives and Policies
Supportive government regulations and policies aimed at boosting the corporate services sector could create favorable conditions for growth, enabling the company to expand its services and client reach.
Riddhi Corporate Share Price Target 2030
Riddhi Corporate share price target 2030 Expected target could be ₹220. Here are four risks and challenges that could impact Riddhi Corporate Services Ltd share price target for 2030:
- Intensified Competition
The growing number of competitors in the corporate services sector, especially with the rise of digital-first companies and global players, could lead to pricing pressures and reduced market share. - Regulatory Changes
Changes in government regulations and compliance requirements, particularly in finance, labor, and corporate laws, may require significant adjustments in the company’s operations, increasing costs and complexity. - Economic Uncertainty
Economic downturns or periods of low growth could affect business spending, leading to reduced demand for corporate services and a slowdown in the company’s growth. -
Technological Disruptions
Rapid technological advancements or the emergence of new business models could make the company’s current services obsolete or require costly investments in technology to stay competitive.
Shareholding Pattern For Riddhi Corporate Services Ltd
- Promoters: 68.28%
- FII: 1.18%
- Public: 30.54%
Riddhi Corporate Services Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 1.74B | -13.14% |
Operating expense | 613.99M | 80.28% |
Net income | 51.45M | -38.90% |
Net profit margin | 2.96 | -29.69% |
Earnings per share | — | — |
EBITDA | 159.94M | -21.07% |
Effective tax rate | 31.87% | — |
Read Also:- Three M Paper Share Price Target Tomorrow 2024 To 2030- Prediction, Market Overview