Are you looking for the stock who promotes power projects in India? If yes, this post is a right choice for you where we explore the REC share price target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 & 2040.
Along with the RECLTD stock price prediction, we’ll try to take all company’s aspect such has their fundamental profile, peer comparison, their shareholding patterns, and much more. So that, you can take your own decision to check whether this stock is good for your portfolio or not.
After reading this post, we must say that you might able to decide whether REC LTD stock should be there in your watchlist of the demat account or not?
A Brief Overview of Rural Electrification Corporation Limited (RECLTD)History
The Rural Electrification Corporation Limited (traded as RECLTD) is a government owned public sector company that offers finances and promotes the power project across the India. The RECLTD was founded in 1969 to help state electricity boards. Their headquarter is located in New Delhi, India. On 2008, the REC LTD was listed in NSE and BSE through IPO.
However, the REC LTD is operational with an aim of providing loans to the Central or State power sector companies, state electricity boards, NGOs, and Private Power Sector companies.
Also, the REC is a subsidiary of Power Finance Corporation (PFC) which works under the assistance of Ministry of Power, Govt. of India. In this detailed blog post, we will get a knowledge and try to explore the REC share price target for 2024, 2025, 2026, 2030, and up to 2040.
For long term investment, the future of REC stock has potential because it is government backed company and power is a need for India and all the power sector companies are moving towards renewable sources. For more detailing, we will use different market indicators, strength, promoter holdings, charts, and technical analysis to predicts the potential and forecast of RECLTD share up to the year 2040.
In this post, we will take a look RECLTD’s current market condition, futuristic potential & their growth, dividends, market cap, and other factors that influence its price forecast up to 2040.
| Company Type- | Large Cap Company |
| Expertise or Industry- | Power & Infrastructure Finance or Lending |
| Ticker Symbol- | NSE- RECLTD BSE- 532955 |
| Traded As (Listed In)- | National Stock Exchange (NSE). Bombay Stock Exchange (BSE). |
| Founded In- | 1969 |
| Founders- | Ministry of Power, Government of India. |
| Headquarters- | New Delhi, India |
| Key People- | Vivek Kumar Dewagan (CMD) |
| Area Served- | Worldwide |
| Parent Holders- | Government of India. |
| Subsidiaries- | REC Transmission Projects Company Limited. REC Power Distribution Company Limited. |
| Official Website- | recindia.nic.in. |
Fundamental Analysis of REC Stock
Currently, the REC Share Price today– Rs 556.90.
With the help of company’s balance sheet and their fundamental analysis we can also take help to predict the REC LTD share price target tomorrow by using several market indicators such as RSI, 200 DMA, PE Ration, PEG, ROCE, ROE, and much more. So, below is table of data that will give you an idea about the financial data analysis of REC shares in the Indian Stock Market.
| Market Cap- | ₹ 146,657 Cr. |
| Total No. of Shareholders- | 10,41L |
| Total Equity Shares- | 263 Crore. |
| P/E Ratio- | 9.85 |
| P/B Ratio- | 2.12 |
| Face Value- | ₹10.00 |
| Book Value (TTM)- | ₹ 279.00 |
| EPS (TTM)- | Rs.56.50 |
| Dividend Yield- | 2.87% |
| Beta- | 2.25 |
| Promoter Holding- | 52.63% |
| ROE- | 22.20% |
| ROCE- | 10.00% |
| Debt to Equity- | 6.58% |
REC Share Price Targets
India is on the ladder of growth as the demand of power and electricity generation process increasing and REC LTD plays an important role here for providing finance to other companies and promotes power projects across India. After analyzing the growth and working of the company, the stock has already given huge returns of around 445.60% in the past 5 years and in 2024, the REC stock price is already touching the mark of ₹654.00.
With the strong fundamentals with amazing shareholding patters, we may predict that the REC LTD share is going to perform great in to finance the power projects in the upcoming 10-15 years with their tremendous potential and high returns. So, below we are providing the RECLTD Share Price Target 2024, 2025 and up to 2030.
REC Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 to 2040.
| RECLTD Share Price Target 2024 | ₹424.00 to ₹580.20. |
| RECLTD Share Price Target 2025 | ₹581.30 to ₹710.50. |
| RECLTD Share Price Target 2026 | ₹711.25 to ₹820.35. |
| RECLTD Share Price Target 2027 | ₹821.65 to ₹1005.80. |
| RECLTD Share Price Target 2028 | ₹1006.40 to ₹1290.35. |
| RECLTD Share Price Target 2029 | ₹1291.75 to ₹1450.90. |
| RECLTD Share Price Target 2030 | ₹1451.15 to ₹1685.45. |
| RECLTD Share Price Target 2035 | ₹1686.55 to ₹1830.95. |
| RECLTD Share Price Target 2040 | ₹1831.00 to ₹2045.50. |
It may also be noted that the table below displays information of REC Share Price Targets of all the particular years are just example targets. All the share price targets in this post are made only for education purpose only.
REC Share Price Target 2024
| Year | RECLTD Stock Price in 2024 |
| 2024 | ₹424.00 to ₹580.20. |
REC Share Price Target 2025
| Year | RECLTD Stock Price in 2025 |
| 2025 | ₹581.30 to ₹710.50. |
REC Share Price Target 2025– As the country is developing and moving towards renewable sources to generate power and REC is a firm to offer loans to those power sector companies, that’s the reason RECLTD stock is growing as their revenue is booming through finance and lending. With our prediction, the REC Stock has chances to lie in the range of Rs.581.30 to Rs.710.50 by the end of 2025.
REC Share Price Target 2026
| Year | RECLTD Stock Price in 2026 |
| 2026 | ₹711.25 to ₹820.35. |
REC Share Price Target 2026– the power sector always give huge contribution in the GDP of India for the growth purposes and this stock is in bullish trend also. With our prediction, the RECLTD Stock has potential to lie in the range of Rs. 711.25 to Rs.820.35 by the end of 2026.
REC Share Price Target 2027
| Year | RECLTD Stock Price in 2027 |
| 2027 | ₹821.65 to ₹1005.80. |
REC Share Price Target 2027– India stock market has a trend to correct 10-15% every year but this power sector stock is always in a growing phase because the demand of power is increasing every year. That’s the reason, the REC LTD share also helps other companies to offer loans to fulfil the need of power to achieve good returns to the investors in 2026 as well and their stock price might lie in the range of Rs.821.65 to Rs.1005.80 by the end of 2027.
REC Share Price Target 2028
| Year | RECLTD Stock Price in 2028 |
| 2028 | ₹1006.40 to ₹1290.35. |
REC Share Price Target 2028– Considering positive growth in the Indian market and in Nifty Next 50 with the growing demand in power sector, the RECLTD share has potential with a amazing growth and their price will lie in the range of Rs.1006.40 to Rs.1290.35 by the end of 2028.
REC Share Price Target 2029
| Year | RECLTD Stock Price in 2029 |
| 2029 | ₹1291.75 to ₹1450.90. |
REC Share Price Target 2029– Considering boom and expansion in power sector with a shift towards renewable energy to generate green power and power utilities. So, the REC LTD counts in the best power stocks that has potential of break their all-time high and their price will lie in the range of Rs.1291.75 to Rs.1450.90 by the end of 2029.
REC Share Price Target 2030
| Year | RECLTD Stock Price in 2030 |
| 2030 | ₹1451.15 to ₹1685.45. |
REC Share Price Target 2030– Considering RECLTD Share is positive, government-backed, and debt-free with good returns (CAGR), this stock has a potential for long term investment and their price will lie in the range of Rs.1451.15 to Rs.1685.45 by the end of 2030.
REC Share Price Target 2035
| Year | RECLTD Stock Price in 2035 |
| 2035 | ₹1686.55 to ₹1830.95. |
REC Share Price Target 2035– the REC LTD Share price for 2035 will lie between Rs.1686.55 to Rs.1830.95 as the Indian economy starts growing positively and power utilities with electrification is a future need. It might also result the REC share price will make 52-week high every year.
REC Share Price Target 2040
| Year | RECLTD Stock Price in 2040 |
| 2040 | ₹1831.00 to ₹2045.50. |
REC Share Price Target 2040– Considering posting increase in OPM%, PAT, getting interest from lending, growing balance sheet and P&L, the REC LTD share will might lie between the price range of Rs.1831.00 to Rs.2045.50 by the end of 2040. The REC LTD stock might definitely benefits for the long-term investors in terms of CMP and dividend yield.
Shareholding Pattern of REC Stock
Below is the table that showcase the overall shareholding patterns in different shareholders brackets in the REC LTD till September 2024.
| Total Promotor Holding | 52.63% |
| Mutual Funds | 8.94% |
| Other Domestic Institutions (DII) | 5.31% |
| Foreign Institutions (FII) | 21.23% |
| Retail Investors | 7.98% |
| Other Parties | 3.90% |
Strength and Weakness of REC Stock
This portion of the article showcase the strength and weakness of Rural Electrification Corporation Limited (RECLTD) in the power finance sector so that people can decide whether the stock has potential or not.
| Strength | Weakness |
| PE Ratio is lower than Industry PE. | Non-Core Income is increasing. |
| Profit making company with high ROCE. | Poor cash flow for last 2 years. |
| Dividend yield is high. | |
| High Momentum Stock with low PEG Ratio. | |
| Zero Promoter Pledge and company is minimizing their debts. |
RECLTD Peers & Competitors
Below is the list of companies that shows an amazing competition to REC stock in the Finance-Lending of power sector.
- IRFC.
- Power Finance Corporation Ltd.
- IFCI
- IREDA Ltd.
Final Words about REC Share Price Target
We hope that this post might help you to gain knowledge about the REC share price target. This subsidiary company of PFC helps to finance and lends loan to the central, state and other private firms for the power utilities and infrastructure projects. Also, this educational post help to get an idea whether the RECLTD stock has potential or not for a long period.
According to our analysis, as a government their administrative assistance so the stock has potential to give good returns because they are also paying the high dividend yield to their investors. So as a large cap company, REC LTD looks good in the upcoming years.
With clear scenario of increasing demand of power sector for renewable energy, the REC promotes and lends loan to other company from where they generate revenue. Fundamentally, the REC stock looks stock with a stable chart and might be considered to be in your watchlist.
Do your own research properly at your own risk because no one can predict the market condition and scenarios that may also affect the REC’s stock performance in the long run.
Therefore, these RECLTD stock price targets should use as a guideline and not as a financial advice. Always perform your owns research and knowledge before making any investments.
We hope that you all do proper research before picking the RECLTD share for investment! Please read the Disclaimer below.
