RVNL Share Price Target and Future Prediction 2024,2025 Till 2030 and is a good stock for long-term investment?
Hey, are you searching for RVNL’s share price target in the future and its prediction for 2024, 2025, and 2030 then you are in place, in this article, I am going to analyze RVNL based on an analysis of its fundamentals and Technical analysis and its future so we can conclude whether RVNL is best for long term investment or not.
Before we move on to a depth study let’s have a look at its origin and its history to know why the company has been established and what the company is doing.
RVNL is an engineering-construction sector company that was incorporated on August 15, 2002. under the Ministry of Railway as a public sector company. The headquarters of the RVNL is located in New Delhi and the present Chairman of the company is Mr. Pradeep Gaur.
Business Areas Of RVNL
The company is engaged in the execution of all types of railway projects including Metro projects, Railway electrification, new lines, doubling, gauge conversion, major bridges, and workshops. Construction of cable-stayed bridges, institution buildings, etc.
Fundamentals Of RVNL
Market Cap | 18,306.48 |
EPS | 6.21 |
CEPS | 6.32 |
PE | 14.14 |
PB | 2.97 |
ROE | 21.02 |
Book Value | 31.18 |
ROCE | 17.03% |
Dividend Yield | 20.8% |
DEBT | 6.615.56 Cr. |
Cash | 6,785.45 Cr. |
Sales Growth | 25.83% |
Profit Growth | 15.59% |
Fundamental Analysis Of RVNL
To know the financial health of RVNL it is necessary to analyze its balance sheet and ratios to conclude that the stock is right for long-term investment.
The sales growth of the RVNL for the last year is 25.83%, for the last 3 years is 24.43%, and for the last 3 years is 26.77% this indicates the sales of the company are increasing yearly.
The company’s profit growth for the last year is 15.59% for the last 3 years is 21.47% and for the last 5 years 23.29%. An increase in the prophet indicates that the company is good for long-term investment.
ROE means Return on investment which measures the ability of a firm to generate profits from its shareholder’s investment in the company, the company’s for the last year is 20.52% for the last 3 years is 19.86%, and for the previous 5 years 18.25%.
ROCE means the return on capital employed which measures how efficiently a company is using its capital employed, the ROCE of the company for the last year is 17.03% for the previous 3 years is 15.6%, and for the last 5 years is 14.72%. Increasing ROCE yearly indicates that the management has utilized its investment efficiently.
The debt-to-equity ratio measures how the company is financing its operations through debit versus owned funds. It should be less than 1 but in RVNL it is nearly 1.17 this is a bad sign for the company.
The interest cover ratio determines how easily a company can pay interest on its outstanding debt generally it should be higher. The RVNL has a 3.49 interest cover ratio which is good.
The company’s dividend yield for the last year is Rs 1.83 and the yield is 2.1%.
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Share Holding pattern of RVNL
It is necessary to know the shareholding pattern to check whether the company is pledging its stake to pay its debt or not.
Promoter holding in the company is 78.2%, which indicates the promoters believe the company can grow.
FII and DII holdings in the company are 1.53% and 6.51% which indicates the company fails to attract smart money.
The public holding in the company is 13.76%.
Technical Analysis of RVNL
It is necessary to analyze technically to know the future trend of the stock so to analyze the future direction of the trend we have taken a monthly chart for analysis of the trend.
When you look at the chart it is continuously moving upside direction and the stock is trading at nearly 88 Rs. And the stock is right now it’s all-time high making higher highs and higher lows patterns on the monthly chart.
This indicates that the stock will continue its up Trend. The stock breaks the range between 55 to 84 and moving upside right now if the stock sustains above this level then it’s its first target will be 115 second target will be 150 and the third target will be 180.
Major Supports and Resistances for RVNL
The first major support for RVNL is 78.15 and second support is 69.95 and the third support is 60.
The first major resistance for RVNL is 100 the second resistance is 134 and the third resistance is 180.
RVNL Share Price Target/Forecast/Prediction
Year | Minimum | Maximum |
2023 | 81 | 115 |
2024 | 96 | 134 |
2025 | 121 | 210 |
2026 | 198 | 285 |
2027 | 268 | 362 |
2028 | 345 | 440 |
2029 | 425 | 605 |
2030 | 587 | 752 |
RVNL Share Price Target 2023
The Government of India is focusing on increasing Railway infrastructure to expand the railway network all over the country in some areas it is called lifeline. The Government of India is pending more on Infra Railway infrastructure development so by considering this the share price target for 2023 will be a minimum of 81 and a maximum will be 115.
RVNL Share Price Target 2024
All major projects related to Railways are got by RVNL company so we can say that the company has a Monopoly in this sector we can expect the share price target for 2024 will be a minimum of 96 and a maximum of 134.
RVNL Share Price Target 2025
When you look at the cash management, it is quite good the company is utilizing its investment property which indicates that the company is efficient in managing the company and its growth so we can expect the share price target for 2025 will be a minimum of 121 and a maximum of 210.
RVNL Share Price Target 2026
The company’s profit and sales have seen growth very fast, and the promoters’ holding in the company is very good that the company promoters have faith in the company’s future growth this conclusion the share price target for 2026 will be a minimum of 198 and a maximum will be 285.
RVNL Share Price Target 2027
When we talk about traffic and transport Indian Railway plays a major role in the transport sector and the Government of India is spending a lot of money to develop railway transport this will help the company for future growth so the share price target for 2027 will be minimum of 268 and maximum will be 362
RVNL Share Price Target 2028
The ratios of RVNL are quite good and the sales and profit are decent this Good helps the future prediction of the company so the share price target for 2028 will be a minimum of 345 and a maximum will be 440.
RVNL Share Price Target 2029
As we see the company’s performance share price target for 2029 will be a minimum of 425 and a maximum will be 605.
RVNL Share Price Target 2030
As we see the fundamentals and technicals of the company share price target for 2330 will be a minimum of 587 and a maximum will be 752.
Conclusion:
The company has proved that the company’s fastest going company in the infrastructure development sector. The fundamentals and technicals of the company are quite good. The ratios of the companies are showing strength in their balance sheet. If you are looking for long-term investment purposes then it is a good investment. But before investment check all aspects and market conditions and sector performance. Here we are providing all the good and bad conditions of the company. So if you like this article comment below share this article with your friends and family and rate the US.
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FAQ Of RVNL:
Is RVNL debt free?
RVNL is Virtually Debt free means the company has 6,615.56 Cr. in its balance sheet but the company cash reserve is 6,785.45 CR. That means the company can able to pay its debt.
Is RVNL a monopoly?
All major projects related to Railways are got by RVNL company so we can say that the company has a Monopoly in this sector we can expect the share price target for 2024 will be a minimum of 96 and a maximum will be 134.
What Is RVNL Share Price Target 2023?
The Government of India is focusing on increasing Railway infrastructure to expand the railway network all over the country in some areas it is called lifeline. The Government of India is pending more on Infra Railway infrastructure development so by considering this the share price target for 2023 will be a minimum of 81 and a maximum will be 100.
What Is RVNL Share Price Target 2025?
When you look at the cash management, it is quite good the company is utilizing its investment property which indicates that the company is efficient to manage company and its growth so we can expect the share price target for 2025 will be a minimum of 121 and a maximum will be 210.
What Is RVNL Share Price Target 2030?
As we see the fundamentals and technicals of the company share price target for 2330 will be a minimum of 587 and a maximum will be 752.