REC Ltd Share Price Target 2024, 2025, 2027, 2030, 2040

If you think about which share will be best for investment in recent times then you should know about REC Ltd Share Price Target. Today in our blog we will explain the basic idea about the REC Ltd Share Price Target 2024, 2025, 2027, 2030, 2040. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

REC Ltd Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to understand the REC Ltd Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s look at the REC Ltd Share Price Target 2024 to 2040.

What Is REC Limited Company?

The full form of REC Limited is Rural Electrification Corporation Limited which is under the Ministry Of Power, the Government Of India. The Company provides financial support to the power projects. The company was established in the year 1969.

Overview Of REC Limited Company

REC Limited Company provides loans to central or State electricity sectors like State Electricity Boards, Rural Electric Cooperatives, Private Power Developers, NGOs, etc. In recent times REC Limited diversified into different sectors nonpower infrastructure and logistics sectors like airports, metro, ports, bridges, etc.

Company Name	REC Limited Company
Market Cap	₹1,32,958.68 Crore
Face Value	₹263.54
Book Value	₹10
52 Week High	₹614.52
52 Week Low	₹148.85
P/B	1.10
DIV. YIELD	3.25%

History Of REC Ltd Share From 2024 to 2040

REC Ltd Share is a bullish trend in the share. REC Ltd is under both the Indian Stock Exchange BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The last 6 months’ share growth was +87.55 (21.44%), the last 1 year’s share growth was +341.30 (220.76%), the last 5 year’s share growth was +378.41 (322.08%) and the maximum share growth was +453.73 (1,075.95%).

The last 3 months’ share price return percentage was 6.23%, the last 1 year’s share price return percentage was 234.58%, the last 3 years’ share price return percentage was +309.85% and the last 5 years’ share price return percentage was 335.85%. REC Ltd Share always gives good returns to investors. If anyone wants to invest in the share it will be profitable on a long-term basis.

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REC Ltd Share Price Target 2024

REC Ltd Company provides fundamental support for system improvement of power transmission, sub-transmission, and distribution purposes. The company also invested funds in the purpose of renovation and modernization of the Rural Electrification System. For this purpose, the company has 13 Project Offices, and 5 Zonal Offices through which the company provides its services. The headquarters of the company is situated in New Delhi.

Year	REC Ltd Share Price Target 2024
1st Price Target	490.12
2nd Price Target	586.95

The profit growth of the company was 21.02% in the last 5 years which increased to 32.25% in the last 3 years and in the last 1 year it became 11.25%. The net profit amount of the company was ₹3,125.85 Crore in March 2023 which became ₹4,228.89 Crore in March 2024. If we look at the REC Ltd Share Price Target 2024 forecast, the 1st Price Target is ₹490.12 and the 2nd Price Target is ₹586.95.

REC Ltd Share Price Target 2025

REC Ltd Company also provides financial support for renewable energy sources like Thermal Power Projects, Hydro Power Projects, Solar Power Projects, etc. For the electrification in Rural Areathe Government Of India also launched Deen Dayal Upadhyaya Gram Jyoti Yojana in the year 2014. For the electrification of rural and urban areas, Saubhagya was launched in the year 2017. In recent times 98.5% of Indian households have been electrified.

Year	REC Ltd Share Price Target 2025
1st Price Target	590.25
2nd Price Target	685.36

The ROE Percentage of the company was 19.52% in the last 5 years which increased to 21.96% in the last 3 years and in the last 1 year it became 20.96%. The ROCE Percentage was 9.25% in the last 5 years which became 9.86% in the last 3 years and in the last 1 year, it became 20.58%. If we look at the REC Ltd Share Price Target 2025 forecast, the 1st Price Target is ₹590.25 and the 2nd Price Target is ₹685.36.

REC Ltd Share Price Target 2027

REC Ltd Company has 22 state offices for effective service delivery. One of the most important schemes for rural development is Saubhagya Pradhan Mantri Shaj Bijli Har Ghar Yojana which covers universal household electrification which covers every village and every district in the country. The total outlay of the scheme is 16,456 Crore which includes Gross Budgetary support of 12,420 Crore.

Year	REC Ltd Share Price Target 2027
1st Price Target	905.96
2nd Price Target	1145.21

The Total Revenue amount was ₹39,745.25 Crore in March 2023 which became ₹48,385.89 Crore in March 2024. The total operating revenue amount was ₹40,158.96 Crore in March 2023 which increased to ₹48,256.74 Crore in March 2024. If we look at the REC Ltd Share Price Target 2027 forecast, the 1st Price Target is ₹905.96 and the 2nd Price Target is ₹1145.21.

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REC Ltd Share Price Target 2030

Another scheme is the Deen Dayal Upadhyaya Gram Jyoti Yojana. In this scheme out of the total project cost 60% (85% for special states) is provided by the Government of India. Additional grants up to 15% ( out of which 5% is for special category states). In the last 10 years, the company completed its work in 191,956 villages. The company is also made up of Tehri Dam from which the company manufactures hydroelectric power.

Year	REC Ltd Share Price Target 2030
1st Price Target	1789.56
2nd Price Target	1952.78

The income growth percentage was 11.98% which decreased to 9.99% in the last 3 years and in the last 1 year it decreased to 0.20%. The other income amount was ₹10.80 Crore in March 2023 which increased to ₹31.25 Crore in March 2024. If we look at the REC Ltd Share Price Target 2030 forecast, the 1st Price Target is ₹1789.56 and the 2nd Price Target is ₹1952.78.

REC Ltd Share Price Target 2040

Tehri Dam is 855 ft high with and length of 1,886 ft which distributes power in Rajasthan, Uttarakhand, Punjab, Uttar Pradesh, Himachal Pradesh, and Chandigarh. The Hydro Power generation capacity of the dam is 1000 MW. In Uttarakhand, 12% of power is generated by the company’s project which is provided free of cost to the State Government.

Year	REC Ltd Share Price Target 2040
1st Price Target	3,854.96
2nd Price Target	4,078.32

The tax amount was ₹2,378.96 Crore in March 2022 which increased ₹2,856.14 Crore in March 2023. The profit before tax amount was ₹10,456.96 Crore in March 2022 which increased to ₹11,456.85 Crore in March 2024. If we look at the REC Ltd Share Price Target 2040 forecast, the 1st Price Target is ₹3,854.96 and the 2nd Price Target is ₹4,078.32.

How To Purchase REC Ltd Share?

The most common trading platform for purchasing the REC Ltd Share is described below.

• Zerodha
• Upstox
• Groww
• Angelone

Investors Types And Ratio Of REC Ltd

There are mainly Four main Types of Investors in REC Ltd. The company’s growth also depended upon the ratio of investors who invested in the share.

Promoters Holding

Promoters Holding means how much capital is invested by company promoters (company owner) through overall capital. REC Ltd Company’s promoter holding capacity is 52.70%.

Public Holding

Public Investors are individuals who invest in the public market profit in the future (large and small companies). REC Ltd Company’s public holding capacity is 11.40%.

FII

Foreign Institutional Investors are those big companies that invest in different countries company. REC Ltd Company’s FII is 20.50%.

DII

Domestic Institutional Investors (like Insurance, companies, and mutual funds) who invest in their own country. REC Ltd Company’s DII is 15.40%.

Advantages and Disadvantages Of REC Ltd Share

Every share has some advantages and some disadvantages also. So, the REC Ltd Share Price Target also has some advantages and disadvantages described below.

Advantages

• The company has a healthy ROE ratio which is 21.96%.
• The company has a good promoter holding capacity of 52.70%.
• The book value amount increased per share in the last year.
• The company has a low amount of debt.
• The company is increasing with zero promoter pledges.

Disadvantages

The poor cash generated from the core business.

Also Read – JM Financial Share Price Target

FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about the REC Ltd Share Price Target. By doing the research and taking advice from the experts we ensure that on a long-term basis, REC Ltd Share Price Target may reach a very high position. REC Ltd is mainly related to the Finance Sector. So the demand for this sector also increases which helps the share to gain profit in the future.

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