RattanIndia Enterprises Limited (RTNINDIA) Share Price Target 2024, 2025, 2030, 2040, and 2050
Discover RattanIndia Enterprises Limited (RTNINDIA) share price target, including short-term forecast for year 2024, month by month, and long-term RTNINDIA price prediction for years 2024 to 2050. Check RTNINDIA price history, analyst ratings (Buy, Sell, or Hold), and stay updated with the latest RTNINDIA news and headlines.
1 Month Price Target
₹61.50 [0.00%]
3 Month Price Target
₹69.05 [12.28%]
6 Month Price Target
₹63.64 [3.47%]
1 Year Price Target
₹98.48 [60.12%]
3 Year Price Target
₹167.07 [171.66%]
5 Year Price Target
₹234.07 [280.60%]
About RattanIndia Enterprises Limited
RattanIndia Enterprises Limited, a flagship entity of the RattanIndia Group, concentrates on new age growth businesses harnessing cutting-edge technologies. This focus aims to significantly impact over a billion lives in India. Key areas of operation include:
- Electric Mobility: Through Revolt Motors, the company has established itself in the electric vehicle sector, particularly electric two-wheelers, striving to make these vehicles accessible to all Indians. Revolt Motors has emerged as a market leader in this domain in India.
- E-commerce: RattanIndia, through its subsidiary Cocoblu Retail Ltd., has become one of India’s largest online sellers across diverse product categories. Cocoblu Retail is dedicated to scaling up brands and maximizing their potential through digital platforms.
- Fintech Services: RattanIndia is also making strides in the fintech sector with Wefin, its digital lending marketplace. Wefin offers a range of financial products, including instant personal loans, two-wheeler loans, and credit cards, in partnership with leading banks and non-banking financial companies (NBFCs) in India.
- Drone Technology: The company’s foray into the drone industry is led by NeoSky India Ltd, a wholly-owned subsidiary. They offer comprehensive Drone-as-a-Product and Drone-as-a-Service portfolios, addressing various sectors like enterprise, defense, and delivery.
In short, RattanIndia Enterprises is building a unique Indian conglomerate focused primarily on electric mobility, e-commerce and drones. Also, they are entering into renewable energy business through RattanIndia Power Ltd.
RattanIndia Enterprises Limited (RTNINDIA) Historical Performance
Change
Since inception, RTNINDIA has increased by 1,282.02%. In the last 5 years, RTNINDIA has risen from ₹1.90 to ₹61.50, a massive 3136.84% increase since 2019.
Historical Highs and Lows
In the past 5 years, the share reached a high of ₹88.15 and a low of ₹1.55.
52 Week Range
₹59.2
₹94.85
The current price ₹61.50 is near the 52-week low, which means that the share is underbought.
RTNINDIA Share Price History
Based on historical data, this table shows how RTNINDIA share has performed in the last 6 years. Since 2018, the share has risen from ₹1.3 - ₹3.45 to ₹61.5 - ₹88.15, which is up 2093.14%. Currently, RTNINDIA share follows upward trend.
Here, we have calculated stock range of RTNINDIA, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
Year | Stock Price | Avg Price | Change% | Year Change |
---|---|---|---|---|
2019 | ₹1.3 - ₹3.45 | ₹2.12 | -39.43 | 1 Year Change |
2020 | ₹1.55 - ₹9.35 | ₹4.56 | 30.29 | 2 Year Change |
2021 | ₹5.1 - ₹66.8 | ₹31.55 | 801.43 | 3 Year Change |
2022 | ₹40.95 - ₹52.75 | ₹46.4 | 1225.71 | 4 Year Change |
2023 | ₹35.15 - ₹77.45 | ₹50.1 | 1331.43 | 5 Year Change |
2024 | ₹61.5 - ₹88.15 | ₹76.76 | 2093.14 | 6 Year Change |
RTNINDIA Price Performance
6-Month Performance
RTNINDIA share dropped by 27.14% in the last six months.
1-Year Performance
The share has trended downwards by 19.34% in the past year.
3-Year Performance
In the last 3 years, the share has soared by 29.20%.
5-Year Performance
In the last 5 years, the share has gone up by 3,136.84%.
According to RattanIndia Enterprises Limited's historical data, below graph gives us the exact picture of how the RTNINDIA share has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how share price changed from one year to the next.
YoY Performance
In the last five years, the share has shown positive growth in 3 years and a decline in 2 years.
2019
45.71% ↓
2020
255.26% ↑
2021
605.19% ↑
2022
11.13% ↓
2023
80.26% ↑
NOTE: Green bars indicate that the share has risen compared to the previous year, while red bars show that the share has fallen.
RattanIndia Enterprises Limited (RTNINDIA) Financials
Total Revenue
Quarterly Revenue: ₹17.98 B (Q3)
Revenue for Q3 ending 30th September, 2024 increased 22.09% compared to Q2 ending 30th June, 2024.
Annual Revenue: ₹61.36 B (1Y)
Revenue for trailing 12 months increased 11.01% year over year from 31st March, 2024.
If compared to the last 3 years, the revenue has gone up from ₹1.00 million to ₹61.36 billion, a 6,136,025.00% change.
Market Capitalization
RattanIndia Enterprises Limited has a market capitalization of ₹84.92B, which places RTNINDIA in the large-cap category.
Fundamental Analysis
EPS: ₹-1.75 (Q3), ₹3.09 (1Y)
EPS decreased 128.36% since last quarter, and decreased 250.00% since last year.
Net Income: ₹-2.41 B (Q3), ₹4.26 B (1Y)
Net Income decreased 128.33% since last quarter, and decreased 249.73% since last year.
Net Profit Margin: -13.42% (Q3), 6.94% (1Y)
Net Profit Margin decreased 123.20% since last quarter, and decreased 234.88% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for RTNINDIA share. These indicators help you understand RattanIndia Enterprises Limited's financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for RTNINDIA share. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
Technical Indicators | Value |
---|---|
SMA20 | ₹68.14 |
SMA50 | ₹73.36 |
SMA200 | ₹76.71 |
RSI | 47.75 |
Beta | 0.99 |
SMA20 > Current Price
This signals RTNINDIA share is in short-term bearish momentum.
SMA50 > Current Price
This signals RTNINDIA share is in mid-term bearish momentum.
SMA200 > Current Price
This signals RTNINDIA share is in long-term bearish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for RTNINDIA stock is Bearish. Out of all indicators, 1 indicates bullish signals, 5 signals bearish trends and 3 gives neutral trends. This RTNINDIA share price target was last updated on 04 December, 2024.
RattanIndia Enterprises Limited (RTNINDIA) Share Price Target
According to short-term forecast, the share is expected to rise to ₹61.50 by the end of 2024, and can reach around ₹95.86 to ₹110.21 in 2025. And, the long-term price target suggests that the share may further jump to ₹203.46 - ₹180.37 in 2027, and ₹210.09 - ₹267.35 by 2030. So, the RTNINDIA share shows a strong upward trend in the next several years.
Short-term RTNINDIA Share Price Target
Date | Forecasted Price | Change% |
---|---|---|
2024-12 | ₹61.50 | 0.0% |
In 2024, the RTNINDIA share price is expected to fluctuate between ₹61.5 and ₹61.5. According to the monthly forecast, the share could rise to ₹61.50 by December 2024. If compared to the RTNINDIA's current price, the share could gain 0.0% by the end of this year.
Long-term RTNINDIA Share Price Target
Year | Year Start | Year Mid | Year End | Change% |
---|---|---|---|---|
2025 | ₹95.86 | ₹75.90 | ₹110.21 | 79.2% |
2026 | ₹109.12 | ₹112.65 | ₹120.90 | 96.59% |
2027 | ₹203.46 | ₹151.01 | ₹180.37 | 193.28% |
2028 | ₹233.77 | ₹179.29 | ₹184.81 | 200.5% |
2029 | ₹230.64 | ₹238.17 | ₹271.69 | 341.77% |
2030 | ₹210.09 | ₹270.64 | ₹267.35 | 334.72% |
2031 | ₹348.61 | ₹347.69 | ₹333.80 | 442.76% |
2032 | ₹231.29 | ₹308.53 | ₹362.04 | 488.68% |
2033 | ₹274.93 | ₹407.66 | ₹318.40 | 417.72% |
2034 | ₹415.64 | ₹424.29 | ₹499.63 | 712.41% |
2035 | ₹568.70 | ₹551.09 | ₹315.97 | 413.77% |
2036 | ₹321.57 | ₹422.34 | ₹618.72 | 906.05% |
2037 | ₹434.74 | ₹482.41 | ₹437.19 | 610.88% |
2038 | ₹535.34 | ₹602.34 | ₹523.08 | 750.54% |
2039 | ₹444.61 | ₹694.12 | ₹611.15 | 893.74% |
2040 | ₹733.14 | ₹606.88 | ₹576.80 | 837.89% |
2041 | ₹695.20 | ₹658.61 | ₹546.39 | 788.44% |
2042 | ₹566.92 | ₹483.55 | ₹647.93 | 953.54% |
2043 | ₹766.59 | ₹693.41 | ₹864.41 | 1305.54% |
2044 | ₹659.47 | ₹744.67 | ₹844.03 | 1272.41% |
2045 | ₹924.17 | ₹698.35 | ₹845.52 | 1274.83% |
2046 | ₹736.74 | ₹746.53 | ₹595.80 | 868.78% |
2047 | ₹752.84 | ₹574.88 | ₹747.44 | 1115.35% |
2048 | ₹792.17 | ₹665.60 | ₹627.30 | 920.0% |
2049 | ₹720.89 | ₹679.06 | ₹929.39 | 1411.2% |
2050 | ₹860.89 | ₹1018.93 | ₹793.75 | 1190.65% |
RattanIndia Enterprises Limited (RTNINDIA) Share Price Target 2024 - 2025
At the start of 2024, the RTNINDIA share was at ₹88.15. Today, it is trading at ₹61.50, which is -30.23% decrease from price at the beginning of the year. By the end of this year, you can expect the share to reach to ₹61.50 by December 2024 with a 0.00% change.
In early 2025, the RTNINDIA share price is expected to climb from ₹61.50 to ₹95.86, a change of 55.86% from the current price. By mid-2025, the stock may move down by -20.82% on ₹75.90 and end the year at ₹110.21, which is 79.20% compared to today's price.
RattanIndia Enterprises Limited (RTNINDIA) Share Price Target 2026 - 2030
In the next five years, there will be a significant appreciation in the RTNINDIA share. During this period, the RTNINDIA's price is forecasted to shift from ₹109.12 to ₹267.35, which is 145.01% gain.
In 2026, the share would possibly open at ₹109.12, escalates to ₹112.65 by mid-year, and wraps up at ₹120.90, reflecting a 96.58% increase from today's price. Further moving to 2030, the share can kick off the year at ₹210.09, soar to ₹270.64 by mid-year, and finish at ₹267.35, which is 334.71% change from current price.
RattanIndia Enterprises Limited (RTNINDIA) Share Price Target 2031 - 2040
During this period, the stock would move from ₹348.61 to ₹576.80, which is up 442.77%
In 2031, we can expect RTNINDIA share to fluctuate between ₹333.80 and ₹348.61, a shift indicating a 442.77% gain by year-end compared to current price. And Until 2040, RTNINDIA can likely vary from ₹576.80 to ₹733.14. By the end of 2040, the stock could record a 837.88% rise from today's stock price.
RattanIndia Enterprises Limited (RTNINDIA) Share Price Target 2041 - 2050
According to long-term forecast, the RTNINDIA share can see an an upturn from ₹695.20 to ₹793.75 in this period. In 2041, the stock can experience a low of ₹658.61 by mid-year, closing the year at ₹546.39. This results in a 970.92% increase from today.
Moving towards the end of 2050, RTNINDIA is projected to open the year at ₹860.89. The share may peak to ₹1018.93 during mid-year and finish the year at ₹793.75. Compared to the stock's current price, this translates to an overall gain of 1190.64% by 2050.
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RTNINDIA : Buy, Sell Or Hold?
Analyst Ratings
No analyst ratings available for this stock.
Expert Analysis
According to RTNINDIA share short-term and long-term price target, RattanIndia Enterprises Limited shares are projected to go up by 1190.65%, and reach a value of ₹793.75 per share by 2050.
As per technical analysis, indicators show a Bearish sentiment, while Fear & Greed Index stands at 35.714285714285715, which signals Fear. Also, RTNINDIA has recorded 7/30 green days, which reflects a 30.434782608695656% positivity rate with a price volatility of 0.04%.
Plus, Price-to-Earnings (P/E) ratio of 11.826923 suggests that RTNINDIA share is overvalued. So, Based on RTNINDIA price target and analysis, it may be the best time to sell RTNINDIA share right now.
Disclaimer: Stock predictions, forecasts and price targets provided for "RTNINDIA” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.