People are always loves to invest in penny stocks in Indian stock market. And, in this blog post we will discuss the RattanIndia Power share price target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 & 2040.
Along with the Rattan Power share price target, we’ll take a look at the company’s profile, Quarterly profits, their competitors, technical factors, fundamental analysis, strength & weakness, growth chart, balance sheet, promotors & others shareholdings, and much more.
After reading this post, we must say that you might able to decide whether this small cap stock in power sector should be there in your portfolio or not?
A Brief Overview of RattanIndia Power (RTNPOWER) History
The RattaIndia Power Limited (traded as RTNPOWER) is an Indian private power generation company with an installed capacity of over 2700 MW thermal power plants located at different places in India such as Amravati, Nashik, and Maharashtra.
RattanIndia Power Ltd was founded in 2007 and originally it was incorporated as Sophia Power Company Limited. When the Rattan Power Ltd. was successfully registered and listed in NSE and BSE, they renamed their name as RattanIndia Power Limited. Currently, their headquarter is located in Maharashtra, India.
However, the RTNPOWER incorporated with an aim to create a world class power generation system using carbon-free equipment and technologies. In this detailed blog post, we will explore the RattanIndia Power share price target for 2024, 2025, 2026, 2030, and up to 2040 for education purposes.
If investors are looking for long-term investment, this small cap power sector share might prove as a great multibagger share but it is risky too. For fundamental and technical analysis, we will use different market indicators, charts, and technical aspects to predicts the forecast of RTNPOWER share up to the year 2040.
| Company Type- | Small Cap Company |
| Expertise or Industry- | Power Generation |
| Ticker Symbol- | NSE- RTNPOWER BSE- 533122 |
| Traded As (Listed In)- | National Stock Exchange (NSE). Bombay Stock Exchange (BSE). |
| Founded In- | 2007 |
| Founders- | Rajiv Rattan |
| Headquarters- | Maharashtra, India |
| Key People- | Rajiv Rattan (Chairman) Ajay Kumar Tandon (Independent Director) Pritika Poonia Himanshu Mathur (Whole-Time Director) Baliram Ratna (Director) |
| Area Served- | Worldwide |
| Parent Holders- | Indiabulls Real Estate Ltd. |
| Subsidiaries- | Zeus Energy Limited. RattanIndia Solar Private Limited. Airmid Power Limited. Indiabulls Energy Limited. Sinnar Thermal Power Limited. |
| Official Website- | rattanindiapower.com |
Fundamental Analysis of RattanIndia Power (RTNPOWER)
Currently, the Rattan Power Share Price today– Rs 15.50.
We can also get an idea about the RattanIndia Power share price target tomorrow with the help of fundamental analysis which includes several parameters such as PE ratio, ROE, ROCE, EPS, etc. So, below is table of data that will give you an idea about the financial data analysis of Rattan Power shares in the Indian Stock Market.
| Market Cap- | ₹ 8,861 Cr. |
| Total No. of Shareholders- | 20.64L |
| No. of Shares- | 537 Crore |
| P/E Ratio- | 0.0 |
| P/B Ratio- | 1.91 |
| Face Value- | ₹ 10.00 |
| Book Value (TTM)- | ₹ 8.70 |
| EPS (TTM)- | Rs. -0.82 |
| Dividend Yield- | 0% |
| Beta- | 0.58 |
| Promoter Holding- | 44.06% |
| ROE- | -17.81% |
| ROCE- | 8.39% |
| Debt to Equity- | 0.82 |
RattanIndia Power Share Price Targets
After analyzing the investments and book orders of Rattan Power from last 5 years, we have seen a tremendous growth of around 1228.20% (since 2019). In 2019, the starting price of RTNPOWER stock is ₹1.25 but now in 2024, the price is already touching the 52-week high of ₹21.10.
With this result, we may predict that the Rattan Power share is might perform well in the upcoming 5-10 years as they are expanding themselves and partnered with Goldman Sachs and VardePartners. Taking this scenario, we are providing the Rattan Power Share Price Target 2024, 2025 and up to 2030.
It may also be noted that the table below displays information of RattanIndia Power Share Price Targets of all the particular years are just an example. All the share price targets in this post are made only for education purpose only.
RattanIndia Power Share Price Target 2024
| Year | Rattan Power Share Price in 2024 |
| 2024 | ₹10 to ₹18.00. |
RattanIndia Power Share Price Target 2025
| Year | Rattan Power Share Price in 2025 |
| 2025 | ₹18.10 to ₹25.00. |
Rattan Power Share Price Target 2025- As one of the largest private companies in power generation and electric utilities, the sector will boom in the upcoming years to make India carbon free. With our prediction, the RTNPOWER Stock has chances to lie in the range of Rs. 18.10 to Rs.25.00 by the end of 2025.
RattanIndia Power Share Price Target 2026
| Year | Rattan Power Share Price in 2026 |
| 2026 | ₹25.15 to ₹30.40. |
RattanIndia Power Share Price Target 2027
| Year | Rattan Power Share Price in 2027 |
| 2027 | ₹30.50 to ₹35.90. |
RattanIndia Power Share Price Target 2028
| Year | Rattan Power Share Price in 2028 |
| 2028 | ₹36.25 to ₹45.95. |
RattanIndia Power Share Price Target 2029
| Year | Rattan Power Share Price in 2029 |
| 2029 | ₹46.00 to ₹60.80. |
RattanIndia Power Share Price Target 2030
| Year | Rattan Power Share Price in 2030 |
| 2030 | ₹61.05 to ₹90.80. |
Rattan Power Share Price Target 2030- Considering a big role of power sector in Indian economy, the RTNPOWER share has potential in terms of growth and high CAGR. In 2030, the price will lie in the range of Rs.61.05 to Rs.90.80.
RattanIndia Power Share Price Target 2035
| Year | Rattan Power Share Price in 2035 |
| 2035 | ₹91.20 to ₹125.40. |
Rattan Power Share Price Target 2035- the RTNPOWER Share price for 2035 will lie between Rs.91.20 to Rs.125.40 as the India is moving towards to make themselves carbon free. It might also result the RTNPOWER share price will break their 52-week high every year.
RattanIndia Power Share Price Target 2040
| Year | Rattan Power Share Price in 2040 |
| 2040 | ₹126.00 to ₹160.50. |
Rattan Power Share Price Target 2040- Considering positive profits, EBITDA, and positive balance sheet with low debt, the RattanIndia Power share will might lie between the price range of Rs.126.00 to Rs.160.50 by the end of 2040.
Shareholding Pattern of Rattan Power Share
Below is the table that shows the overall shareholders in the RattanIndia Power till September 2024 which includes Promoters, FIIs, DIIs, and Retail Investors.
| Total Promotor Holding | 44.06% |
| Mutual Funds | 0.04% |
| Other Domestic Institutions (DII) | 6.53% |
| Foreign Institutions (FII) | 4.39% |
| Retail Investors | 22.74% |
| Other Parties | 22.22% |
Strength and Weakness of Rattan Power Share Price
This portion of the article showcase the strength and weakness of RattanIndia Power Ltd (RTNPOWER) in the power sector so that people can decide whether the stock has potential or not.
| Strength | Weakness |
| Consistent high returns in past 5 years. | High Promoter Pledging. |
| Strong Momentum of stock in Nifty500 index. | High interest payments as compared to Revenue. |
| Net Cash Flow is increasing. | Net Cash Flow is declining. |
| Strong EPS Growth. | |
| Mutual Funds and FII/DII increasing their shareholdings. | |
| Increase in Profit Margins in year basis. |
Rattan Power Peer Comparsions and Competitors
Below is the list of companies that shows an high competition to RattanIndia Power Limited share in the power sector.
- Jayprakash Power Ventures.
- NTPC.
- NHPC.
- Power Grid Corporation.
- Orient Green Power Ltd.
- Tata Power.
- Adani Power.
Final Words about Rattan Power Share Price Target
We hope that our readers understand the analysis of RattanIndia Power share and their targets. But, this power share is risky as it comes from small cap stocks. Also, this post help to get an idea whether the RTNPOWER stock has potential or not for a long period.
According to our analysis, we might say that RTNPOWER share has potential but it is very risky too because of penny stock in power sector.
In future, the demand & supply of power is increasing everywhere so RattanIndia Power might prove as the best penny stocks in power sector. But make your own research properly at your own risk because market unpredictable and news related to Rattan Power and power sector could also impact the RTNPOWER stock’s performance.
Therefore, these Rattan Power 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 RTNPOWER stock for investment! Please read the Disclaimer below.
