REC share price target 2025
REC (formerly Rural Electricity Corporation Limited) is a PSU subsidiary of Power Finance Corporation Limited (PFCL) owned by Power Ministry of India (MoI). The role of REC is to support the power infrastructure in India and provide a complete one-stop solution regarding the financial aspect. The company has been quoted on the NSE as RECLTD since 2008 and has been providing a good return on investment to investors. However, the future of India's power sector presents a huge opportunity for the company in terms of financial support. In this article, investors will be informed about the REC share price target 2025 and beyond, as well as how the REC company can grow along with the India's power sector.
REC Latest News
- REC Share Price Target Today jumped significantly on the stock exchange with a positive change of +12 points (⬆2.31%) compared to its previous close of Rs 528.70 on Wednesday.
REC Share Price Target 2021-23
REC LTD Competitors (Market Cap: 142,483.75 crores INR)
- Power Finance Market Cap: 150,088.63 cr INR
- SBI Card Market Cap: 67,875.56 cr INR
- IFCI Market Cap: 14,609.97 cr INR
- Ujjivan Financial Market Cap: 7,179.21 cr INR
Points to consider before investing in REC NSE Stock
REC competes with peers in the financial services sector like SBI Card, IFCI, Ujjivan financial services in India. As a subsidiary of State Bank of India (SBI), State Bank of Pakistan (SBI) Limited, REC share price target holds financial and strategic support from the State Bank. India’s power sector is expected to offer REC, formerly known as rural Electrification Corporation (RE), a lot of investment opportunities in the power sector. The schemes such as generation-linked incentives (QLCs), Deen dayal upadhyay gram jyoti yojana, Prime Minister’s suryaghar yojana and issuance of the government’s green bonds are expected to offer better investment opportunities for this infrastructure financier of the power sector.
India's current electricity installed capacity (EPC) of 429GW will of course fall short, and India's power sector will have to have a power generation capacity of at least 817 GWe by the end of the decade (2030). Today, the share of renewable energy in India's power generation capacity is 42% i.e. 182 GW. The plan is to reach more than 500 GWe of renewable energy capacity by 2030. Transformation of electricity distribution across the cities and villages will be a huge challenge for the Union government and will require huge investments.REC share price target 2022 will gain as a part of India's Power Ministry-owned public sector undertaking PFCL. Investors need to be aware of the risks associated with the stock exchange and follow proper strategy.
REC share price prediction financial performance has been in line with the company’s filings in previous years and has been the driving force behind the positive investor sentiment towards this power sector finance stock on the stock exchanges. REC’s revenue collection has been steadily increasing over the years with FY23 revenue collection amounting to Rs 189,49B as compared to Rs 138B revenue collection in FY22. The company’s net income has also been steadily increasing steadily with FY23 net income amounting to Rs 141,45B as compared to FY2022 net income of Rs 100,36B.
Conclusion
REC share price target History shows a consistent rise and fall on the NSE, and overall a brilliant growth trajectory. Since its initial share price in March 2008 at Rs 40.89, the NSE stock has increased by +1,100%. However, the REC Share Prices have increased by over 300% since May of the preceding year 2023, showing a huge jump in the past 12 months. While there have been several ups and downs in the REC Share Prices over its 17-year trading history, the majority of the REC stock price growth has taken place in the past 365 days. Therefore, investors can be a bit cautious with their investment decisions. The power sector is expected to grow significantly in the coming years, and the competition from other financial services companies will only intensify in the market. Therefore, investors should carefully consider expert recommendations before committing to any investment on the stock exchange.{Backlinks}{scholar}
Also Read
FAQ
- What is the REC Share Price Target 2025?
- REC Share Price Target 2025 is between Rs 840 and Rs 534.
- What is the REC Share Price Target 2026?
- REC Share Price Target for the year 2026 is between Rs 984 and Rs 661.
- What is the NSE REC Share Price Target 2030?
- REC Share Price Target 2030 is predicted to remain between Rs 1,605 and Rs 920.
- What is the NSE REC Share Price Target 2024?
- REC Share Price Target 2024 is between Rs 672 Rs 485.
- What is the REC Share Price Prediction 2025?
- REC Share Price 2025 is predicted to remain between Rs 840 and Rs 534.
- What is the REC Share Price Prediction 2030?
- REC Share Price in 2030 is predicted to remain between Rs 1,605 and Rs 920.
Comments
Post a Comment