Rajnandini Metal Share Price Target 2023, 2024, 2025, 2030
Planning to invest your money in Rajnandini Metal shares? If yes, then definitely you don’t have any idea about where the share price of Rajnandini metal will go in future.
Through the article Rajnandini Metal Share Price Target 2023, 2024, 2025, 2030, we will help you understand how much returns you can get after investing your money in Rajnandini metal ltd.
During the analysis of the company, we will look at their business model, future plans and many other details of the company’s shares that will help you understand whether to invest in this company or not. So without wasting much time, Let’s look at the share price target of Rajnandini metal for the year 2023, 2024, 2025, and 2030.
About Rajnandini Metal Ltd.
Incorporated in 2010, Rajnandini metal limited is a leading manufacturer of Copper rod, Annealed bare copper wire, Fine copper wire, Bunched copper wire, Submersible wires and flat cables which are highly used in the making of domestic products.
Mr Het Ram Sharma is the promoter and managing director of the company who is having a rich experience of 20 years in the business of metals and running Rajnandini metal company since it’s incorporation. Headquartered in Rewari Haryana, the company is engaged in the manufacturing of high quality copper products which are making people’s life easy.
Apart from manufacturing quality products, the company has given quite good returns to their investors in the share market since they went public in 2019. The company is also in the manufacturing of home appliances such as MCB, MCB Boxes, switch gears, LED lighting, and many other products.
Read also : Yes Bank Share Price Target 2023, 2024, 2025, 2030, 2035, 2040, 2050
Rajnandini Metal Share Price Target 2023, 2024, 2025, 2030
Now we will analyze the past performance of Rajnandini metal limited that will help you know about the Rajnandini Metal Share Price Target 2023, 2024, 2025, 2030.
Rajnandini Metal Share Price Target 2023
As we already explained you about the Rajnandini metal company which relies on the manufacturing of different types of copper wires and home appliances such as MCB, MCB boxes, switch gears, LED lighting and many more.
Rajnandini metal limited is a small cap company with 2.88 billion INR market capitalisation at the time of writing this article. Rajnandini metal share price was at highest value of INR 32 in August 2022 and currently the share price of the company is INR 10.
If we look at the company’s financial performance, then you may realize that the Rajnandini metal company is trying hard to grow itself and make their investors profitable. According to Zee Business, the company in the first 9 months saw a 51 percent growth in PAT YoY (Profit after tax Year-over-year), which rose from Rs 6.83 crore to Rs 10.32 crore. The revenue during 9MFY23 came in at Rs 701.50 crore.
With this financial performance, we can definitely say that the company will grow a lot in the coming years and investors can expect a very good returns from it. Rajnandini metal share price target 2023 is expected to be seen around minimum INR 10 and its second target will be around INR 13.
Rajnandini Metal Share Price Target 2024
If you are looking to invest in Rajnandini metal limited for a long term then you may want to know about Rajnandini metal share price target 2024. Right? Well, if we look at the recent financial performance of the company then you may realise that the company can give you a good ROI on your investment in the coming years.
Recently the company has gained a 51% growth in profit after tax year over year. Apart from it, for quarter ended 31 December 2022, the revenue rose 37% quarter on quarter which clearly indicates the dedication and hard work of the company and its team.
All such above news raises a positive sign for the company and boost investors confidence to invest their hard earned money in the company’s shares. Although Rajnandini metal is a small cap company and we highly suggest you to do your proper research and analysis before putting your money into it.
Rajnandini metal share price target 2024 is expected to be around INR 15 and the second target can be seen at INR 18.
Rajnandini Metal Share Price Target 2025
Anybody who is willing to invest their money in any of the company will expect for a good return after certain period of time and that is why it becomes important to research about the company properly before investing. If you are the one who is about to invest in Rajnandini metal limited, then we’re here to research for you about the company.
As we already told you about how the company has gained a 51% growth in profit after tax recently, it clearly shows that Rajnandini metal limited can be a profitable investment for you.
Apart from it, the good thing is, the company is focusing on expanding their business that will bring more customers and growth. In a direction of their business expansion, Rajnandini metal limited had purchased land of approximately 55000 sq. ft. at Bawal in Rewari district of Haryana.
The way the company is focusing on the business expansion and growth, the investors of the company can expect themselves to be profitable after certain years. Talking about the Rajnandini Metal Share Price Target 2025, the first target is expected to be seen around INR 21 and after achieving the first target, second target can be around INR 23.
Rajnandini Metal Share Price Target 2030
It is believed in the stock market that if you are investing in a good company for a long time then there are very high chances that you will get good returns on your investment and chances of getting into losses reduces a lot.
So if you are planning to invest your money in Rajnandini Metal Company for up to 2030 then definitely it will be a good investment of your money. Rajnandini metal limited is considered as a good company and the recent news of getting 51% growth in profit after tax shows the dedication and hard work of the company.
Also the company has bought a land of approximately 55000 square feet in Rewari district of Haryana that will help the company to increase their turnover by INR 400 crore annually. The company has received orders worth INR 30.29 crore from several companies including KEI Industries Ltd, Metals India etc.
The company has seen growth in profits, buying land for business expansion, getting huge amount of orders from well known companies are such big indications that should help people trust on the company.
Although, it is always advised to do your own research and analysis before investing in any of the company. If we talk about Rajnandini Metal Share Price Target 2030, then it should be at minimum INR 50 and the second target should be around INR 55.
Yes Bank Share Price Target Table
| Years | Target 1st | Target 2nd |
| 2023 | ₹10 | ₹13 |
| 2024 | ₹15 | ₹18 |
| 2025 | ₹21 | ₹23 |
| 2026 | ₹25 | ₹28 |
| 2027 | ₹30 | ₹34 |
| 2028 | ₹38 | ₹43 |
| 2029 | ₹45 | ₹48 |
| 2030 | ₹50 | ₹55 |
Conclusion
Through this article, we tried our best to help you know about the Rajnandini Metal Share Price Target 2023, 2024, 2025, 2030. If you are looking to get some good returns on your investment then you should definitely consider Rajnandini Metals limited.
However, don’t forget to do your own research before investing in it. If this article helped you in any manner, make sure to comment below and keep following us for such great content.
