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Renaissance Global Share Price Target 2024, 2025, 2026 to 2039 With Charts
Renaissance Global Limited | |||
 | Symbol: RGL | ||
| Price: ₹172.5 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Luxury Goods | |||
Show Table of Contents
Table of Contents
- 1: Renaissance Global Brief Company Overview
- 1.1: About Renaissance Global Limited
- 1.2: Renaissance Global Financial Performance
- 1.2.1: Is Renaissance Global A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Renaissance Global Share Price Target For 2024
- 2.1.1: Renaissance Global Share Price Target Table For 2024
- 2.1.2: Summary: Renaissance Global Share Price Prediction For 2024
- 2.2: Renaissance Global Share Price Target For 2025
- 2.2.1: Renaissance Global Share Price Target Table For 2025
- 2.2.2: Summary: Renaissance Global Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Renaissance Global Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Renaissance Global Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Renaissance Global Past Performance
Renaissance Global Brief Company Overview
About Renaissance Global Limited
Established in 1989, Renaissance Global Limited is a renowned manufacturer and retailer of diamond studded jewelry in India and internationally.
The company's diverse product portfolio includes:
- Gold jewelry
- 3D printed/direct casting jewelry
- Hallmark and Enchanted Disney Fine Jewelry brands
Renaissance Global Limited serves a wide range of customers, including mall jewellers, department stores, and wholesalers.
With a commitment to innovation and customer satisfaction, the company has established a strong reputation in the industry.
Renaissance Global Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,018.51 Crore | Market valuation of Renaissance Global's shares. |
| Revenue (TTM) | 2,070.05 Crore | Total revenue generated by Renaissance Global over the past twelve months. |
| Net Income (TTM) | +72.99 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 7.01% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 3.52% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -9.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +3.4% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 61.76 | Company's total debt divided by total shareholder equity. |
| Total Debt | 665.06 Crore | Sum of Renaissance Global's current & long-term financial obligations. |
| Total Cash | 203.71 Crore | Total amount of liquid funds available to Renaissance Global. |
| Beta | 1.04 | Beta is greater than 1 indicating that the Renaissance Global's price is more volatile than the market. |
Is Renaissance Global A Good Buy For Long Term?
Renaissance Global, with its positive revenue growth and improved profit margin, presents an attractive investment opportunity for long-term investors. Despite the recent quarter's revenue decline, the company's consistent past performance and strong returns over multiple time frames suggest its potential for sustained growth. While the high debt may be a concern, the substantial cash balance provides some cushion. Overall, the stock appears to be a promising buy for those seeking long-term capital appreciation.
To predict the Renaissance Global'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
Renaissance Global Share Price Target For 2024
The line chart displays the monthly closing prices of Renaissance Global 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 Renaissance Global shares in 2024, see the table below.
Renaissance Global Share Price Target Table For 2024
| Renaissance Global's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 176.88 (+2.53%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 2 | 174.98 (+1.43%) | Price Action: Mar 2022 High |
| 2024 Target 1 | 173.20 (+0.4%) | Price Action: Nov 2024 High |
| Current Price | 172.50 | Renaissance Global's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 170.61 (-1.1%) | Price Action: 25 Oct 2024 High |
| Stop Loss 2 | 168.90 (-2.09%) | Fibonacci Retracement Level 50% |
| Stop Loss 3 | 167.03 (-3.18%) | Fibonacci Retracement Level 71.8% |
Summary: Renaissance Global Share Price Prediction For 2024
In summary, Renaissance Global has surged by ₹69.40, achieving a notable +67.31% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Renaissance Global for 2024 predicts an additional rise of 0.4% to 2.53% by the end of 2024 with three potential targets T1: 173.20, T2: 174.98, T3: 176.88. Stop Loss at SL1: 170.61, SL2: 168.90, SL3: 167.03.
Renaissance Global has a 52-week high of ₹195.70, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹87.40, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Renaissance Global.
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Renaissance Global Share Price Target For 2025
The line chart displays the monthly closing prices of Renaissance Global 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 Renaissance Global shares in 2025, see the table below.
Renaissance Global Share Price Target Table For 2025
| Renaissance Global's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 230.66 (+33.71%) | Price Action: Chart |
| 2025 Target 2 | 226.36 (+31.22%) | Price Action: Chart |
| 2025 Target 1 | 224.12 (+29.92%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 172.50 | Renaissance Global's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 157.00 (-8.99%) | Price Action: 29 Oct 2024 Low |
| Stop Loss 2 | 155.06 (-10.12%) | Price Action: Nov 2021 Low |
| Stop Loss 3 | 152.27 (-11.73%) | Price Action: Chart |
Summary: Renaissance Global Share Price Prediction For 2025
In summary, Renaissance Global has surged by ₹69.40, achieving a notable +67.31% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Renaissance Global for 2025 predicts an additional rise of 29.92% to 33.71% by the end of 2025 with three potential targets T1: 224.12, T2: 226.36, T3: 230.66. Stop Loss at SL1: 157.00, SL2: 155.06, SL3: 152.27.
Renaissance Global has a All-Time high of ₹1090.90, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹87.40, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Renaissance Global, we have created a specific page for that check here: Renaissance Global Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Renaissance Global Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Renaissance Global share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 17.6% over the next 15 years.
For complete year by year Renaissance Global long term share price target from 2024, 2025 to 2039 check the below table.
Renaissance Global Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Renaissance Global Target | YoY Change % |
|---|---|---|
| 2024 | ₹172.5 | [Current Price] |
| 2024 | ₹183.17 | 6.18% |
| 2025 | ₹297.77 | 62.56% |
| 2026 | ₹394.87 | 32.6% |
| 2027 | ₹547.61 | 38.68% |
| 2028 | ₹634.72 | 15.9% |
| 2029 | ₹761.69 | 20% |
| 2030 | ₹874.15 | 14.76% |
| 2031 | ₹945.88 | 8.2% |
| 2032 | ₹1,145.02 | 21.05% |
| 2033 | ₹1,203.15 | 5.07% |
| 2034 | ₹1,340.21 | 11.39% |
| 2035 | ₹1,450.53 | 8.23% |
| 2036 | ₹1,496.89 | 3.19% |
| 2037 | ₹1,742.44 | 16.4% |
| 2038 | ₹1,771.58 | 1.67% |
| 2039 | ₹1,772.05 | 0.02% |
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Renaissance Global Past Performance
- In 2008, Renaissance Global opening price was ₹31.16
- As of Thu 21 Nov 2024 the price stands at ₹172.5.
- This represents a Compound Annual Growth Rate (CAGR) of 10.59%.
- In 16 years, an investment of 10,000 would have become ₹55,359.43.
As we wrap up, we hope you like our study on Renaissance Global share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Renaissance Global Share Price History
- Renaissance Global Price Target Tomorrow
- Renaissance Global Dividend History
- Renaissance Global Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
