Religare Enterprises (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Religare Enterprises Limited |
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Price: ₹309.45 | ||
| 52 Week Low: ₹201.60 52 Week High: ₹320.00 |
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| Market Capital: 7,049.05 Crore (Midcap) | |||
| Financial Services -> Insurance—Life | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Religare Enterprises Share Price Target For 2024
- 1.1.1: Religare Enterprises Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Religare Enterprises Share Price Target For 2025
- 1.2.1: Religare Enterprises Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Religare Enterprises Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Religare Enterprises Brief Company Overview
- 4: Religare Enterprises Financial Performance
- 4.0.1: Is Religare Enterprises A Good Buy For Long Term?
To predict the Religare Enterprises'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
Religare Enterprises Share Price Target For 2024
The line chart displays the monthly closing prices of Religare Enterprises 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 Religare Enterprises shares in 2024, see the table below.
Religare Enterprises Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 328.6 (+6.18%) | Price Action: Jan 2014 High |
| 2024 Target 2 | 324.95 (+5.00%) | Price Action: Jul 2012 Low |
| 2024 Target 1 | 321.45 (+3.87%) | Price Action: Sep 2008 Low |
| Current Price | 309.45 | Religare Enterprises's share price as of 20 Dec 2024 |
| Stop Loss 1 | 305.04 (-1.43%) | Price Action: Sep 2012 Low |
| Stop Loss 2 | 301.8 (-2.48%) | Price Action: 20 Dec 2024 Low |
| Stop Loss 3 | 298.67 (-3.49%) | Price Action: Jan 2009 Low |
Short-Term Technical Outlook
Current Technical Position: Religare Enterprises is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹271.14 serves as the nearest technical reference point.
Historical Returns: 3-month: +6.02% | 6-month: +29.41% | 1-year: +45.11%
Religare Enterprises Share Price Target For 2025
The line chart displays the monthly closing prices of Religare Enterprises 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 Religare Enterprises shares in 2025, see the table below.
Religare Enterprises Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 398.13 (+28.65%) | Price Action: Chart |
| 2025 Target 2 | 390.71 (+26.25%) | Price Action: Chart |
| 2025 Target 1 | 386.84 (+25.00%) | Fibonacci Extension Level 64.90% |
| Current Price | 309.45 | Religare Enterprises's share price as of 20 Dec 2024 |
| Stop Loss 1 | 292.13 (-5.60%) | Price Action: Mar 2009 Low |
| Stop Loss 2 | 288.0 (-6.94%) | Price Action: Nov 2016 High |
| Stop Loss 3 | 284.45 (-8.08%) | Price Action: Oct 2008 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Religare Enterprises is currently trading near its 52-week high of ₹320, showing strong yearly momentum.
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: +45.11% | 3-year: +134.43% | 5-year: +630.87%
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Approach 2: Machine Learning By Studying Historical Prices
Religare Enterprises Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹309.45 | ||
| 2024 | ₹229.33 | -25.89% | ₹243.64 |
| 2025 | ₹280.01 | +22.10% | ₹296.60 |
| 2026 | ₹325.29 | +16.17% | ₹330.17 |
| 2027 | ₹325.29 | 0.00% | ₹337.28 |
| 2028 | ₹304.53 | -6.38% | ₹358.99 |
| 2029 | ₹333.87 | +9.63% | ₹390.18 |
| 2030 | ₹396.98 | +18.90% | ₹421.37 |
| 2031 | ₹450.69 | +13.53% | ₹457.45 |
| 2032 | ₹441.72 | -1.99% | ₹458.72 |
| 2033 | ₹406.24 | -8.03% | ₹483.76 |
| 2034 | ₹438.40 | +7.92% | ₹514.95 |
| 2035 | ₹513.95 | +17.23% | ₹546.14 |
| 2036 | ₹576.10 | +12.09% | ₹584.74 |
| 2037 | ₹558.15 | -3.12% | ₹580.17 |
| 2038 | ₹507.96 | -8.99% | ₹608.53 |
| 2039 | ₹579.36 | +14.06% | ₹639.72 |
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.
Religare Enterprises Brief Company Overview
Religare Enterprises Limited - A Reputable Investment Company Established in 1984, Religare Enterprises Limited is a prominent investment company in India. With headquarters in New Delhi, the company has a strong market presence and has gained a reputation for its reliable...
and comprehensive range of financial services. Key Products and Services: Broking services (equities, currencies, commodities) Depository participant services Taxation and PAN/TAN services Finance for SMEs and housing loans E-governance and financial inclusion Health insurance (corporate and individual) Religare stands out for its diverse product range, catering to the financial needs of individuals and businesses. The company is committed to providing innovative solutions and personalized services, ensuring the satisfaction of its clients.Religare Enterprises Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 7,049.05 Crore | Market valuation of Religare Enterprises's shares. |
| Revenue (TTM) | 5,770.87 Crore | Total revenue generated by Religare Enterprises over the past twelve months. |
| Net Income (TTM) | +35,895,840,768.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +2.53% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +62.20% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+29.60% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+11.30% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
23.08 | Company's total debt divided by total shareholder equity. |
| Total Debt | 678.44 Crore | Sum of Religare Enterprises's current & long-term financial obligations. |
| Total Cash | 1,032.02 Crore | Total amount of liquid funds available to Religare Enterprises. |
| Beta | 0.55 | Beta is less than 1 indicating that the Religare Enterprises's price is less volatile than the market. |
Is Religare Enterprises A Good Buy For Long Term?
Religare Enterprises, a midcap stock, has shown strong revenue growth (29.6%) in the past quarter and consistent profitability (62.2% profit margin). Despite some volatility in the short term, its impressive long-term returns (206.67% in the past 3 years) suggest growth potential. While the company has some debt (678.44 Crore), its cash balance (1,032.02 Crore) provides financial stability. Overall, Religare Enterprises appears to be a good buy for long-term investors seeking growth and value.
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.
