Rajnandini Metal Share Price Target 2024, 2025, 2026, 2030: The share price of Rajnandini Metal has recently touched its highest level. The company’s share was trading at Rs 9 in December, which is currently trading at Rs 19 in January 2024. But she has arrived.

If you are interested in investing in this company and want to know how the share price of this company can perform in the coming years, then in today’s article we will give you information about the same.

In today’s article, along with the information about share price target, we will also tell you about the business and business planning of the company.

We will give you information about Rajnandini Metal Share Price Target on the basis of financial experts, investment advisors and company’s performance.

This article aims to provide the investors with the latest and accurate information about the share price target of Rajnandini Metal so that they can take the right decision and invest for good profits.

Please note that this article is for informational and educational purposes only and does not constitute investment advice. Before investing, investors should do their own good analysis and seek advice from relevant experts.

About Rajnandini Metal Ltd Company Business

Rajnandini Metal Ltd (RML) is a leading metal producer and supplier company in India. It was started in 1986.

And the headquarters of this company is in Mumbai Maharashtra. RML produces and supplies various types of metals which include:- Steel, Aluminium, Copper, Nickel, Silver

The company’s product portfolio includes many products such as: – Flat Cables, bunched copper wire, copper wire, copper rod, multi-stranded copper cables, fine copper wire, submersible wire and House Wires etc.

Company Name	Rajnandini Metal Ltd
Market Cap	433
52 High/Low	21.4/ 8.10
Debt	97.4
PE Ratio	23
ROE	38.5
ROCE	29.2
Debt To Equity	1.85
Pramoter Holding	0.22
Price To Book Value	8.23

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Rajnandini Metal Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030

Year	Minimum Price (₹)	Maximum Price (₹)
Rajnandini Metal Share Price Target 2024	18.72	18.90
Rajnandini Metal Share Price Target 2025	22.68	22.91
Rajnandini Metal Share Price Target 2026	29.79	30.38
Rajnandini Metal Share Price Target 2027	37.07	37.81
Rajnandini Metal Share Price Target 2028	38.94	39.33
Rajnandini Metal Share Price Target 2029	49.56	50.05
Rajnandini Metal Share Price Target 2030	60.07	61.27
Rajnandini Metal Share Price Target 2035	183	185
Rajnandini Metal Share Price Target 2040	742	750

Whatever share price target given to you above of Rajnandani Metal Limited has been given on the basis of the company’s past business performance and business performance in the coming years.

If we look at the past revenue and profit of the company, the company has performed very well due to which we feel that the company will definitely give good returns to its investors in the coming years.

The above given share price targets prove to be correct only if the company’s business continues to perform as well as before.

Rajnandini Metal Share Price Target 2024

Rajnandani Metal has a manufacturing plant in Haryana, they started manufacturing winding wire, fine copper wire in 2021.

This company manufactures copper rods and copper wires and its annual manufacturing capacity is 30,000 tonnes, which the company will increase further in the coming years.

The main clients of Rajnandani Metal Limited include automobiles companies, construction companies, chemical companies, electronic industry, and steel companies, that is, Rajnandani Metal manufactures products for companies working in all these sectors.

And India will see good growth in all these sectors in the coming time, due to which the share price target of this company is expected to be good for 2024.

Rajnandini Metal Share Price Target 2024 The share price target of this company is expected to be around Rs 18 in 2024.

Rajnandini Metal Share Price Target 2024	Price
January	15.90
February	16.60
March	16.90
April	17.10
May	17.40
June	17.50
July	17.80
August	17.90
September	18.00
October	18.72
November	18.85
December	18.90

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Rajnandini Metal Share Price Target 2025

If we look at the revenue of Rajnandini Metal Ltd, the company’s revenue was Rs 80 crore in March 2012, which increased to Rs 148 crore in March 2020.

But now in March 2023, the company’s revenue has reached Rs 1000 crore, that is, the company has shown a revenue growth of almost 100 percent between 2020 and 2023, which indicates rapid growth of any company.

Rajnandini Metal Share Price Target 2025 is expected to be good. In 2025, you will see the company’s share price trading at a price of Rs 22 to Rs 23.

Rajnandini Metal Share Price Target 2025	Price
January	19.10
February	19.44
March	19.84
April	20.10
May	20.66
June	21.12
July	21.90
August	22.00
September	22.30
October	22.60
November	22.68
December	22.91

Rajnandini Metal Share Price Target 2026

Rajnandani Metal Limited is a small cap company whose market cap is only Rs 435 crore. If we look at the fundamentals of the company, at present the company is trading at a P/E ratio of 23, which is not very high as per the valuation.

Along with this, the company has a debt of Rs 97 crore, which is not very much as per the market cap. The ROCE and ROE numbers of the company are also very good.

Rajnandini Metal Share Price Target 2026 is expected to be good. You may see the share of this company trading up to Rs 30 in 2026.

Rajnandini Metal Share Price Target 2026	Price
January	23.00
February	23.90
March	24.10
April	24.80
May	25.30
June	26.00
July	27.10
August	28.30
September	28.90
October	29.79
November	30.00
December	30.38

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Rajnandini Metal Share Price Target 2030

The profit of this company is also increasing rapidly. The profit of the company was Rs 1 crore in March 2020, which increased to Rs 14 crore in March 2023.

This means that the company’s profit has increased almost 14 times between 2020 and 2023, which is a good thing for the investors of any company.

If the company continues to increase its profit growth in this manner, then it can prove to be a multibagger stock and can give good returns in 2030.

Rajnandini Metal Share Price Target 2030 is expected to be around Rs 60.

Rajnandini Metal Share Price Target 2030	Price
January	31.60
February	33.10
March	35.30
April	37.90
May	40.22
June	43.60
July	45.80
August	50.22
September	53.44
October	55.60
November	59.90
December	61.27

Rajnandini Metal Share Price Target Positive Point

• The company is a small cap company.
• The promoter’s holding in this company is 73% which would be considered a good number.
• Currently, the company’s shares are not trading at very high valuations, which means the company is being bought cheaply.
• The company’s revenue is continuously increasing every year.
• The company’s profits are also continuously increasing every year.
• The company’s ROCE and ROE numbers are very good.
• The company does not have much debt.
• The company appears to be fundamentally strong.

Shareholding Pattern

The promoter’s holding in this company is 73% which would be considered a good number. FII and DII’s holding in this company is also significant but with time their holding will also be seen increasing.

	Dec 2022	March 2023	June 2023	Sep 2023	Dec 2024
Promoter	73.24	73.23	73.24	73.24	23.24
FII	0.04	–	–	–	0.04
DII	–	–	–	–	–
Public	26.72	26.77	26.76	26.76	34.69

Rajnandini Metal Ltd Annual Report

• Financial Year 2021
• Financial Year 2022
• Financial Year 2023

Rajnandini Metal Ltd competitor Company 

• Coal India
• Vedanta 
• NMDC
• Lloyds Metals
• KIOCL
• GMDC
• Sandur Manganese
• Rajnandini Metal

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