REC Share Price Target, Future Prediction, Prognosis, Forecast 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2035, 2040, 2050
Are you curious about the future potential of REC stock? Then don’t worry In this blog post, we’ll explore future predictions and discuss factors that might influence the REC share price in the coming years. We’ll provide REC share price targets for 2024, 2025, 2026, and even far out to 2030, 2035, 2040, and 2050.
We can do the research and take advice from the stock experts to make this blog about the company’s performance and growth but, Keep in mind that these are just predictions, and the actual price could be higher or lower. But they can give you a general idea of what experts think about the stock’s long-term outlook.
So If you are interested in knowing how this stock will perform in the upcoming years, then read this blog post completely and properly.
What Is REC Ltd.?
Formerly known as Rural Electrification Corporation Limited, REC Limited is a subsidiary of the Ministry of Power, Government of India, with Power Finance Corporation Limited (PFC) serving as its parent company.
It supports and finances energy initiatives all around India. The PSU lends money to State Electricity Boards, Private Power Developers, NGOs, Rural Electric Cooperatives, and Central and State Sector Power Utilities across the nation.
PFC and REC struck an agreement on March 20, 2019, for PFC to pay ₹14,500 crore (US$1.7 billion) for a 52.63% controlling share in REC. PFC declared on March 28 that it had finished paying for the acquisition and planned to combine REC with itself in 2020. REC has insisted that the PFC-REC merger is no longer viable.
As of 1 September 2023, REC will have gained a coveted spot in the prestigious Morgan Stanley Capital International (MSCI) Global Standard Index. REC’s inclusion in MSCI cemented its position as a prominent actor in the financial industry and market, while also providing opportunities to broaden its impact globally.
According to UK-based firm Brand Finance, the company is presently ranked among the top 500 Global Financial Services brands. The business is also listed in Forbes’ 2010 Global 2000 list. The highest grade of “AAA” is given to REC’s domestic debt instruments by credit rating firms CRISIL, Fitch, and ICRA.
Its international credit rating is comparable to that of India’s sovereign rating, according to Moody’s and Fitch.
REC Share Price Growth Chart
REC Share Price Target in the Next 1, 3, 5, 7, and 10 Years
Period | Lower Targets | Higher Targets |
---|---|---|
1 Year | ₹658.67 | ₹699.45 |
2 Years | ₹712.87 | ₹747.13 |
3 Years | ₹764.967 | ₹799.87 |
4 Years | ₹818.24 | ₹862.09 |
5 Years | ₹869.09 | ₹923.66 |
6 Years | ₹927.13 | ₹974.17 |
7 Years | ₹978.72 | ₹1,044.97 |
8 Years | ₹1,047.00 | ₹1,087.04 |
9 Years | ₹1,087.87 | ₹1,145.55 |
10 Years | ₹1,142.24 | ₹1,198.28 |
Regarding REC goal stock price, it is expected to rise to ₹699.45 within the next year. Its worth can rise to ₹923.66 if we forecast and aim for the next five years based on the current environment, and it can reach ₹1,198.28 in the following ten years.
REC Share Price Target 2024
2024 | Lower Targets | Higher Targets |
---|---|---|
January | x | x |
February | x | x |
March | x | x |
April | x | x |
May | x | x |
June | x | x |
July | x | x |
August | ₹624.45 | ₹658.87 |
September | ₹628.77 | ₹661.45 |
October | ₹638.13 | ₹676.99 |
November | ₹644.37 | ₹678.26 |
December | ₹653.75 | ₹692.91 |
By the end of 2024, the company’s stock price might reach ₹692.91 per share based on performance and current market data.
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REC Share Price Target 2025
2025 | Lower Targets | Higher Targets |
---|---|---|
January | ₹663.67 | ₹699.67 |
February | ₹668.67 | ₹698.24 |
March | ₹669.35 | ₹703.09 |
April | ₹671.09 | ₹712.82 |
May | ₹673.86 | ₹717.63 |
June | ₹677.65 | ₹721.11 |
July | ₹679.15 | ₹728.48 |
August | ₹681.36 | ₹735.89 |
September | ₹683.28 | ₹739.09 |
October | ₹689.09 | ₹741.57 |
November | ₹691.65 | ₹744.46 |
December | ₹710.37 | ₹749.56 |
According to current market analysis and performance, the company’s stock price can reach ₹749.56 per share by the end of 2025.
REC Share Price Target 2026
2026 | Lower Targets | Higher Targets |
---|---|---|
January | ₹715.56 | ₹755.56 |
February | ₹718.98 | ₹754.78 |
March | ₹721.36 | ₹755.09 |
April | ₹710.35 | ₹759.46 |
May | ₹716.10 | ₹761.98 |
June | ₹724.09 | ₹762.35 |
July | ₹729.87 | ₹768.87 |
August | ₹733.98 | ₹769.65 |
September | ₹738.47 | ₹772.24 |
October | ₹744.66 | ₹777.54 |
November | ₹756.38 | ₹788.87 |
December | ₹759.56 | ₹799.51 |
By the end of 2026, the company’s stock price might reach ₹799.51 per share based on performance and current market data.
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REC Share Price Target 2027
2027 | Lower Targets | Higher Targets |
---|---|---|
January | ₹767.56 | ₹809.67 |
February | ₹774.37 | ₹812.87 |
March | ₹776.09 | ₹799.57 |
April | ₹768.87 | ₹799.09 |
May | ₹769.73 | ₹823.46 |
June | ₹776.81 | ₹826.45 |
July | ₹779.73 | ₹831.09 |
August | ₹786.28 | ₹834.66 |
September | ₹789.45 | ₹839.78 |
October | ₹797.09 | ₹841.56 |
November | ₹812.98 | ₹848.35 |
December | ₹816.56 | ₹856.41 |
By the end of 2027, the company’s stock price might reach ₹856.41 per share based on performance and current market data.
REC Share Price Target 2028
2028 | Lower Targets | Higher Targets |
---|---|---|
January | ₹825.56 | ₹859.45 |
February | ₹828.78 | ₹867.87 |
March | ₹831.98 | ₹857.87 |
April | ₹835.68 | ₹858.09 |
May | ₹838.78 | ₹868.56 |
June | ₹829.76 | ₹876.28 |
July | ₹839.78 | ₹881.10 |
August | ₹842.36 | ₹888.38 |
September | ₹847.13 | ₹891.56 |
October | ₹849.46 | ₹894.76 |
November | ₹858.29 | ₹899.83 |
December | ₹867.95 | ₹919.55 |
By the end of 2028, the company’s stock price might reach ₹919.55 per share based on performance and current market data.
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REC Share Price Target 2031
2031 | Lower Targets | Higher Targets |
---|---|---|
March | ₹978.12 | ₹1,045.78 |
June | ₹989.54 | ₹1,054.87 |
September | ₹1,014.77 | ₹1,058.35 |
December | ₹1,043.73 | ₹1,072.75 |
By the end of 2031, the company’s stock price might reach ₹1,072.75 per share based on performance and current market data.
REC Share Price Target 2035
2035 | Lower Targets | Higher Targets |
---|---|---|
March | ₹1,187.67 | ₹1,249.65 |
June | ₹1,204.65 | ₹1,265.35 |
September | ₹1,243.27 | ₹1,284.11 |
December | ₹1,265.09 | ₹1,296.72 |
By the end of 2035, the company’s stock price might reach ₹1,296.72 per share based on performance and current market data.
Conclusion
I hope this blog post will help you gain some basic knowledge about REC Share Price Target, but remember these forecasts are just a roadmap, not a guaranteed destination. The stock market can be unpredictable, so it’s important to do your research and consider your investment goals before making any decisions.
But with the knowledge you’ve gained about REC Share Price potential, you’re well on your way to making informed choices about your investment journey.
I hope this blog post is helpful for you, If any doubt regarding this share price Target then please comment below, and I will reply to you.
Disclaimer:- The information provided in this blog post is for informational purposes only and should not be considered as financial advice We are not SEBI registered advisors. Past performance is not a guarantee of future results. Always do your research and consult with a financial professional before making any investment decisions.