Rites Share Price Target 2023, 2024, 2025, 2026, 2030

Hello friends, welcome to you in today’s article. Today we will talk about Rites Limited Company. We will understand the business model of this company well and also we are going to provide all kinds of important information related to the stock of this company. If you also If want to know then keep reading our article, We will tell you everything in detail, and if you understand it step by step.

About Rites Company

If we talk about the company, then this company is an Indian Railways company. This company was established in 1994. In recent times, there have been a lot of fluctuations in the stock of this company and this stock returns for a long time. This company has no debt of any kind, this company is a debt-free company.

Rites Share Price Target 2023 

If we read the business model of the company, then the business model of the company is very good, Along with this, there is a huge increase in the sales and profit of the company, due to which the growth of the company is being expected. It is visible that the management of the company also works well.

Looking at the way the company is seen working on its business model, we can say that a lot of growth can be seen in the coming time, and along with this, very good returns can be expected by 2023. With this, its first target price can be seen around Rs 540. After the completion of this target price, its second target price can be seen at around Rs 580.

Rites Share Price Target 2024  

If we increase the financial condition of the company, then the financial condition of the company will look much better and there will be a lot of improvement in the profit of the company, due to which there is a huge impact on the company, along with this the company is quite Appears to be growing more.

Seeing the way a lot of changes are being seen in the financial condition of the company and a lot of growth is taking place, we can say that a lot of growth can be seen in the coming future as well. Price Target: Very good returns can be expected till 2024, with this its first direct price can be seen around ₹ 630, or after completion of the target price, its second target price can be seen around ₹ 670.

Rites Share Price Target 2025 

If we talk about the holdings and promoters of the company, then at present the holdings and promoters of the company are very good. At present, 72% of the promoters of the company are with DII, 15% are with the public and 9% is with FII. The promoter holding of the company is looking very good and along with this, the investors of the company are also very good.

Looking at the way the business model of the company is reducing and seems to be working and the promoter holding of the company seems to be good, we can say that the company will work in the same manner in the coming times also. Will maintain the holding in the same manner, along with this Rites Share Price Target can see very good returns till 2025. With this, its first target price can be seen around Rs 740, or after completion of the target price, its second target price can be seen around ₹ Can be seen around 820.

Rites Share Price Target 2030 

If we talk about the future, then the company is seen doing very good work in its sector, and along with the technology, the company is seen updating itself and reducing the costs to expand its business. The company’s business is spread in Asia, Africa, America, and other countries, due to which the company is seen growing a lot.

Looking at the way the business model of the company is reducing and the business of the company is spread, we can say that the company can grow a lot in the coming future, and along with this, it will also get very good returns till 2030. With this, its first target price can be seen around ₹ 1200 or after completion of the target price, its second target price can be seen around ₹ 1280.

Rites Share Price Target  

Years	Rites Share Price Target 1st	Rites Share Price Target 2nd
2023	₹540	₹580
2024	₹620	₹670
2025	₹740	₹790
2026	₹820	₹870
2027	₹930	₹970
2028	₹1020	₹1100
2030	₹1200	₹1280

Conclusion 

Today we learned about Rites Share Price TargetWe have provided you with all the important information related to what type of target prices you can see in the coming future. We hope you liked the information given by us, we have told you everything in detail. Is.

FAQ

How much debt does the company have?

The company has no debt of any kind, it is a debt free company.

When was the company established?

The company was established in 1974.

Invest in the company or not?

This company is a very good company, that is why you can invest in this company and get very good returns in the coming future.

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