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Reliance Communications (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039

Reliance Communications Limited

Company Logo Price: ₹2.09
52 Week Low: ₹1.45
52 Week High: ₹2.58
Market Capital: 472.17 Crore (Smallcap)
Communication Services -> Telecom Services
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To predict the Reliance Communications's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Reliance Communications Share Price Target For 2024

The line chart displays the monthly closing prices of Reliance Communications with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Reliance Communications shares in 2024, see the table below.

Reliance Communications Share Price Target Table For 2024

Level Value Analysis
2024 Target 3 2.23 (+6.69%) Price Action: 20 Aug 2024 High
2024 Target 2 2.2 (+5.26%) Price Action: May 2022 Low
2024 Target 1 2.17 (+3.82%) Price Action: 06 Dec 2024 Low
Current Price 2.09 Reliance Communications's share price as of 24 Dec 2024
Stop Loss 1 2.05 (-1.92%) Price Action: Feb 2023 High
Stop Loss 2 2.02 (-3.35%) Price Action: 14 Jun 2024 High
Stop Loss 3 1.99 (-4.79%) Price Action: 13 Aug 2024 High

Short-Term Technical Outlook

Current Technical Position: Reliance Communications is showing mixed momentum signals near key moving averages.

Key Technical Level: The 25-day moving average at ₹2.06 serves as the nearest technical reference point.

Historical Returns: 3-month: +7.18% | 6-month: +3.98% | 1-year: -0.48%

Reliance Communications Share Price Target For 2025

The line chart displays the monthly closing prices of Reliance Communications with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Reliance Communications shares in 2025, see the table below.

Reliance Communications Share Price Target Table For 2025

Level Value Analysis
2025 Target 3 2.9 (+38.75%) Price Action: Chart
2025 Target 2 2.85 (+36.36%) Fibonacci Extension Level 123.60%
2025 Target 1 2.82 (+34.92%) Fibonacci Extension Level 64.90%
Current Price 2.09 Reliance Communications's share price as of 24 Dec 2024
Stop Loss 1 1.92 (-8.14%) Price Action: 09 Aug 2024 Low
Stop Loss 2 1.9 (-9.1%) Price Action: May 2019 Low
Stop Loss 3 1.88 (-10.05%) Price Action: 18 Nov 2024 High

Long-Term Technical Outlook

52-Week Range Analysis: Reliance Communications is currently trading at 56.6% of its 52-week range (₹1.45 - ₹2.58).

Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.

Long-Term Performance: 1-year: -0.48% | 3-year: -46.41% | 5-year: +132.22%

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Approach 2: Machine Learning By Studying Historical Prices

Reliance Communications Share Price Target Chart and Table From 2024, 2025, 2026 to 2039

Year Target 1 Target 1 YoY Chg % Target 2
Current Price ₹2.09
2024 ₹2.02 -3.34% ₹2.05
2025 ₹2.48 +22.77% ₹2.98
2026 ₹3.60 +45.16% ₹3.65
2027 ₹3.38 -6.11% ₹3.43
2028 ₹3.90 +15.38% ₹4.23
2029 ₹3.95 +1.28% ₹4.85
2030 ₹4.48 +13.41% ₹5.48
2031 ₹6.10 +36.16% ₹6.19
2032 ₹5.44 -10.81% ₹5.52
2033 ₹6.01 +10.47% ₹6.72
2034 ₹5.88 -2.16% ₹7.35
2035 ₹6.48 +10.2% ₹7.97
2036 ₹8.59 +32.56% ₹8.72
2037 ₹7.50 -12.68% ₹7.61
2038 ₹8.13 +8.4% ₹9.22
2039 ₹7.83 -3.69% ₹9.84

Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.

Reliance Communications Brief Company Overview

Company Overview: Reliance Communications Limited (RCOM) Founded in 2004, Reliance Communications Limited (RCOM) is a prominent player in India's telecom industry. The company's diverse product range caters to both business and government segments. Key Products and... Services: Wireline and wireless telecom services Business internet and network connectivity Cloud networking, enterprise voice, and cloud telephony Access number services and collaboration services Data center services: colocation, IT infrastructure, and managed services Market Presence and Reputation: Headquartered in Navi Mumbai, RCOM holds a strong market presence in India. Its commitment to providing reliable and innovative telecommunication solutions has earned it a reputable position in the industry.

Reliance Communications Financial Performance

Metric Value Description
Market Capital 472.17 Crore Market valuation of Reliance Communications's shares.
Revenue (TTM) 400.99 Crore Total revenue generated by Reliance Communications over the past twelve months.
Net Income (TTM) -61 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin -30.86% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin +53.02% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-21.7% Change in revenue compared to the previous quarter.
Debt-to-Equity
(D/E) Ratio
-0.61 Company's total debt divided by total shareholder equity.
Total Debt 47,236.99 Crore Sum of Reliance Communications's current & long-term financial obligations.
Total Cash 608.99 Crore Total amount of liquid funds available to Reliance Communications.
Beta 1.82 Beta is greater than 1 indicating that the Reliance Communications's price is more volatile than the market.

Is Reliance Communications A Good Buy For Long Term?

With a dwindling revenue stream, a staggering debt burden, and negative profit margins, Reliance Communications stands as a risky investment for long-term horizons. Its financial performance indicates a company struggling to sustain profitability, raising concerns about its long-term viability.

Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.

All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.