Rattan Power Share Price Target 2025 to 2030, 2040, 2050
RattanIndia Power Ltd. is a key player in the Indian energy sector, specializing in power generation with a focus on coal-based thermal plants. Given the increasing demand for electricity in India, RattanIndia Power has taken strategic steps to optimize its operations and expand its capacity.
This article analyzes the potential share price targets for RattanIndia Power Ltd. over the coming years, based on technical and fundamental analysis.
Table of Contents
- 1 About RattanIndia Power Ltd.
- 2 Rattan power share price bse chart
- 3 Rattan Power Share Price Target 2024
- 4 Rattan Power Share Price Target 2025
- 5 Rattan Power Share Price Target 2026
- 6 Rattan Power Share Price Target 2027
- 7 Rattan Power Share Price Target 2028
- 8 Rattan Power Share Price Target 2029
- 9 Rattan Power Share Price Target 2030
- 10 Rattan Power Share Price Target 2040
- 11 Rattan Power Share Price Target 2050
- 12 Keep in Mind
- 13 Conclusion
Basic Details of RattanIndia Power Ltd.
| Company Name | RattanIndia Power Ltd. |
| Business Sector | Power Generation |
| Stock Symbol | RTNPOWER |
| NSE Listing Status | Listed |
| BSE Listing Status | Listed |
| Official Website | https://www.rattanindiapower.com/ |
About RattanIndia Power Ltd.
RattanIndia Power Ltd. operates as an independent power producer with a strong focus on coal-based thermal power. The company’s major assets include large power plants that contribute significantly to India’s electricity grid.
- 💼 Market Cap: ₹7,652 Cr.
- 📈 Current Price: ₹14.2
- 📊 High / Low: ₹21.1 / ₹7.70
- 🧮 Stock P/E: Not Available
- 📚 Book Value: ₹8.30
- 💸 Dividend Yield: 0.00%
- 💡 ROCE (Return on Capital Employed): 8.39%
- 📈 ROE (Return on Equity): Not Available
- 💰 Face Value: ₹10.0
In 2024, RattanIndia Power’s share price is expected to stabilize and show slight growth, driven by steady power demand and an improving balance sheet. The stock might fluctuate between ₹12 and ₹18, based on market conditions and quarterly performance.
| Year | Low Approx | High Approx |
|---|---|---|
| 2024 | ₹12 | ₹18 |
In 2025, the company may see higher demand due to expanding industrial requirements. If RattanIndia Power continues its focus on operational improvements and cost efficiency, the stock might range between ₹15 and ₹22.
| Year | Low Approx | High Approx |
|---|---|---|
| 2025 | ₹15 | ₹22 |
By 2026, RattanIndia Power could benefit from favorable policies in the power sector. The stock price might reach between ₹18 and ₹25 as the company leverages new projects and government support.
| Year | Low Approx | High Approx |
|---|---|---|
| 2026 | ₹18 | ₹25 |
In 2027, the company’s potential growth may continue as it looks to expand its asset base. A target range of ₹20 to ₹28 reflects an optimistic outlook driven by consistent performance and investor confidence.
| Year | Low Approx | High Approx |
|---|---|---|
| 2027 | ₹20 | ₹28 |
For 2028, the expected share price range is between ₹23 and ₹32. By then, RattanIndia Power’s expansion efforts and investment in sustainable practices may yield stronger results.
| Year | Low Approx | High Approx |
|---|---|---|
| 2028 | ₹23 | ₹32 |
As demand for electricity rises, RattanIndia Power’s stock could see growth in 2029, with an expected price range of ₹26 to ₹36, supported by revenue increases and improved sector dynamics.
| Year | Low Approx | High Approx |
|---|---|---|
| 2029 | ₹26 | ₹36 |
In 2030, RattanIndia Power may achieve a price range of ₹30 to ₹40, driven by solid fundamentals and a stable market position. Continued investments in technology and infrastructure could fuel further growth.
| Year | Low Approx | High Approx |
|---|---|---|
| 2030 | ₹30 | ₹40 |
By 2040, long-term investors may expect a share price between ₹50 and ₹80, provided the company maintains steady growth and adapts to any new industry challenges.
| Year | Low Approx | High Approx |
|---|---|---|
| 2040 | ₹50 | ₹80 |
In 2050, a target range of ₹70 to ₹120 might be realistic if RattanIndia Power continues to innovate and grow within the energy sector, staying competitive in a rapidly evolving market.
| Year | Low Approx | High Approx |
|---|---|---|
| 2050 | ₹70 | ₹120 |
Keep in Mind
- 📉 Low Interest Coverage Ratio
- 🚨 88.6% Promoter Holdings Pledged
- 💼 Other Income: ₹10,972 Cr.
- 🕒 High Debtors: 224 Days
- 💸 High Borrowing Costs
- 📆 Working Capital Days: Increased from -396 to 173
Technical Analysis
RattanIndia Power Ltd. has been in a long-term downtrend, but recent price action suggests potential upward movement. The stock is currently oversold, and a bullish crossover of moving averages could further fuel this momentum.
- Long-term Downtrend: The stock has been in a significant downward trend since its peak in 2010.
- Recent Bullish Pattern: The formation of a small ascending triangle pattern suggests potential upward movement.
- Strong support at Rs. 8.20
- Resistance at Rs. 14.19
Quarterly Results 2024
In 2024, RattanIndia Power Ltd. experienced considerable financial fluctuations across its first three quarters. Sales remained steady in Q1 and Q2, reaching ₹913.96 Cr and ₹931.83 Cr, respectively, but saw a decline to ₹682.43 Cr in Q3.
Operating profit also followed a downward trend, starting at ₹206.03 Cr in Q1, decreasing to ₹188.57 Cr in Q2, and dropping significantly to ₹93.94 Cr in Q3, reflecting a reduced operating profit margin from 22.54% to 13.77%.
While Q1 saw a substantial boost in net profit due to an exceptional other income of ₹10,716.85 Cr, net profit normalized in Q2 at ₹93.00 Cr before turning slightly negative in Q3.
This trend highlights the company’s financial volatility, suggesting that RattanIndia Power Ltd. faces challenges in sustaining consistent profitability.
| Metric | Mar 2024 (Q1) | Jun 2024 (Q2) | Sep 2024 (Q3) |
|---|---|---|---|
| Sales | ₹913.96 Cr | ₹931.83 Cr | ₹682.43 Cr |
| Operating Profit | ₹206.03 Cr | ₹188.57 Cr | ₹93.94 Cr |
| OPM % | 22.54% | 20.24% | 13.77% |
| Other Income | ₹10,716.85 Cr | ₹84.53 Cr | ₹88.96 Cr |
| Net Profit | ₹10,665.75 Cr | ₹93.00 Cr | ₹-1.35 Cr |
| EPS in Rs | ₹19.86 | ₹0.17 | ₹-0.00 |
Conclusion
RattanIndia Power Ltd. has strong growth plans and is focused on being sustainable. Investors should keep in mind both the potential risks and rewards in the power sector, especially because of the rules and regulations in the industry. If the company follows the right strategies, it could experience significant growth in the coming years.
