RattanIndia Power Ltd is an Indian company involved in the generation of electricity. Established in 2010, it focuses on producing power from various sources, including thermal energy. The company operates a coal-based power plant and is committed to meeting the growing energy demands in India. Rtn Power Share Price on NSE as of 18 October 2024 is 15.37 INR. Here will provide you more details on Rtn Power Share Price Target 2024, 2025, 2026 to 2030.
RattanIndia Power Ltd: Market Overview
- Open Price: ₹15.35
- High Price: ₹15.46
- Low Price: ₹14.86
- Previous Close: ₹15.41
- Volume: 11,746,852
- Value (Lacs): ₹1,798.44
- VWAP: ₹15.19
- UC Limit: ₹16.18
- LC Limit: ₹14.63
- P/E ratio: 0.86
- Div yield: N/A
- 52-wk high: ₹21.10
- 52-wk low: ₹6.65
- Mkt cap: ₹8.22KCr
- Face Value: ₹10
RattanIndia Power Ltd Competitors
Here are five competitor companies of RattanIndia Power Ltd, along with their approximate market capitalizations (as of recent data):
- Tata Power Company Ltd
- Market Capitalization: ~$11 billion
- Tata Power is one of India’s largest integrated power companies, engaged in power generation, distribution, and renewable energy projects.
- NTPC Ltd
- Market Capitalization: ~$18 billion
- NTPC is the largest power utility in India, primarily focused on thermal and renewable energy generation, making it a key competitor in the power sector.
- Adani Power Ltd
- Market Capitalization: ~$20 billion
- Adani Power is a major player in the thermal power generation segment and is expanding its presence in renewable energy, competing directly with RattanIndia Power.
- Power Grid Corporation of India Ltd
- Market Capitalization: ~$23 billion
- Power Grid is a key player in electricity transmission in India, supporting power generation companies like RattanIndia Power through its extensive grid network.
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JSW Energy Ltd
- Market Capitalization: ~$3 billion
- JSW Energy focuses on power generation and has a diversified portfolio that includes thermal and renewable energy projects, positioning it as a competitor in the market.
Rtn Power Share Price Chart
Rtn Power Share Price Target Tomorrow 2024 To 2030
Rtn Power Share Price Target Years | SHARE PRICE TARGET |
2024 | ₹30 |
2025 | ₹38 |
2026 | ₹45 |
2027 | ₹50 |
2028 | ₹56 |
2029 | ₹62 |
2030 | ₹70 |
Rtn Power Share Price Target 2024
Rtn Power share price target 2024 Expected target could be ₹30. Here are three key factors that could affect the growth of RattanIndia Power Ltd’s share price target for 2024:
- Government Policies and Incentives for Power Sector: Supportive government policies, including subsidies for power generation and incentives for renewable energy projects, can significantly impact RattanIndia Power’s growth. If the government continues to promote clean energy initiatives and offers favorable regulations, it could enhance the company’s market position and boost its share price.
- Demand for Electricity: With India’s rapid urbanization and economic growth, the demand for electricity is expected to rise. RattanIndia Power’s ability to meet this demand through efficient power generation will be crucial. Increased electricity consumption in residential, commercial, and industrial sectors can lead to higher revenues, positively affecting the company’s share price in 2024.
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Investment in Renewable Energy Projects: RattanIndia Power’s commitment to diversifying its energy portfolio by investing in renewable energy sources, such as solar and wind, will be vital for its growth. Successfully launching and operating renewable projects can enhance its reputation and attract investments, supporting a positive trend in its share price as sustainability becomes increasingly important to investors.
Rtn Power Share Price Target 2025
Rtn Power share price target 2025 Expected target could be ₹38. Here are three key factors that could affect the growth of RattanIndia Power Ltd’s share price target for 2025:
- Expansion of Renewable Energy Capacity: By 2025, RattanIndia Power’s ability to expand its renewable energy portfolio will be a significant growth driver. Investing in solar, wind, and other sustainable energy sources can attract new customers, improve the company’s sustainability profile, and enhance its market competitiveness, leading to a potential increase in share price.
- Technological Advancements and Efficiency Improvements: The adoption of advanced technologies in power generation and management can lead to greater operational efficiency and reduced costs. RattanIndia Power’s ability to implement innovative solutions to optimize power production and reduce emissions will enhance profitability, positively influencing its share price by 2025.
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Market Dynamics and Competition: The competitive landscape of the power sector, including pricing strategies and market entry of new players, can impact RattanIndia Power’s growth. The company’s ability to adapt to changing market conditions, maintain competitive pricing, and differentiate itself from rivals will be crucial in sustaining its growth and supporting its share price target in 2025.
Rtn Power Share Price Target 2030
Rtn Power share price target 2030 Expected target could be ₹70. Here are three key factors that could affect the growth of RattanIndia Power Ltd’s share price target for 2030:
- Long-term Energy Transition and Sustainability Goals: By 2030, global and national commitments to reduce carbon emissions will shape the energy landscape. RattanIndia Power’s strategic alignment with sustainability goals, including investments in renewable energy sources and technologies, will be crucial for its growth. Successfully navigating this transition can enhance the company’s reputation and attract environmentally conscious investors, positively impacting its share price.
- Infrastructure Development and Energy Demand: The continuous growth of India’s economy and infrastructure development will drive increased energy demand. RattanIndia Power’s ability to scale its operations and meet the rising electricity needs of urban and rural areas will be critical. Meeting this demand efficiently can lead to higher revenues and bolster the company’s market position, positively influencing its share price by 2030.
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Regulatory Landscape and Policy Support: The future regulatory environment, including policies that support renewable energy, electricity tariffs, and financial incentives, will significantly impact RattanIndia Power’s growth trajectory. A stable and supportive regulatory framework will encourage investment and expansion, while adverse changes could pose challenges. The company’s adaptability to these regulatory changes will be vital for maintaining its growth momentum and share price performance in 2030.
RattanIndia Power Ltd Shareholding Pattern
- Promoters: 44.06%
- FII: 3.7%
- DII: 6.63%
- Public: 45.62%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.rattanindiapower.com/
RattanIndia Power Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 33.64B | 4.11% |
Operating expense | 6.09B | -5.52% |
Net income | 88.97B | 575.80% |
Net profit margin | 264.47 | 557.01% |
Earnings per share | — | — |
EBITDA | 6.55B | -11.86% |
Effective tax rate | -0.23% | — |
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