RCOM / Reliance Communications Share Price Target 2022 2023 2025 2030

RCOM / Reliance Communications Share Price Target

Mkt cap 812.37Cr

About RCOM / Reliance Communications : 

Reliance Communications Ltd. was incorporated in the year 2004. Its today’s share price is 2.98. Its current market capitalisation stands at Rs 824.13 Cr. In the latest quarter, company has reported Gross Sales of Rs. 4830 Cr and Total Income of Rs.5680 Cr. The company’s management includes Rakesh Gupta, Viswanath Devaraja Rao, Chhaya Virani, Ryna Karani, Manjari Kacker, Suresh Rangachar, Punit Garg, Anil Dhirubhai Ambani.

52-wk high 5.05
52-wk low 1.40
P/E ratio
Div yield

About RCOM / Reliance Communication Share : 

  • Reliance Communications Ltd., incorporated in the year 2004, is a Small Cap company (having a market cap of Rs 829.66 Crore) operating in Telecommunications sector.
  • Reliance Communications Ltd. key Products/Revenue Segments include Telecommunication Services for the year ending 31-Mar-2020.
  • For the quarter ended 30-06-2021, the company has reported a Consolidated Total Income of Rs 154.00 Crore, down 19.37 % from last quarter Total Income of Rs 191.00 Crore and down 28.37 % from last year same quarter Total Income of Rs 215.00 Crore.
  • Company has reported net profit after tax of Rs -1,612.00 Crore in latest quarter.
  • The company’s top management includes Mr.Anil Dhirubhai Ambani, Mr.Viswanath Devaraja Rao, Mr.Punit Garg, Mr.Suresh Rangachar, Mr.Manjari Kacker, Mrs.Ryna Karani, Mrs.Chhaya Virani.

RCOM Share Price Target 2021 Q4

  • November 2021 – 3.15 Rs
  • December 2021 – 3.20 Rs

RCOM share price target 2022

  1. 2022 Jan – 3.35 Rs
  2. 2022 Feb – 3.36 Rs
  3. 2022 Mar – 3.39 Rs
  4. 2022 Apr – 3.71 Rs
  5. 2022 May – 4.10 Rs
  6. 2022 Jun –  3.95 Rs
  7. 2022 Jul –  3.90 Rs
  8. 2022 Aug – 3.95 Rs
  9. 2022 Sep –  3.99 Rs
  10. 2022 Oct – 4.50 Rs
  11. 2022 Nov –  4.55 Rs
  12. 2022 Dec –  4.65 Rs

 

RCOM / Reliance Communication share price target 2023  – 5.25 Rs 

RCOM / Reliance Communication share price target 2024 –  7.15 Rs

RCOM / Reliance Communication share price target 2025 –  9.50 Rs

RCOM / Reliance Communication share price target 2026 –  12.30 Rs

RCOM / Reliance Communication share price target 2027 – 30.35 Rs

RCOM / Reliance Communication share price target 2028 – 41.20 Rs

RCOM / Reliance Communication share price target 2029 – 55. 80 Rs

RCOM / Reliance Communication share price target 2030 – 70.00 Rs

 

Rcom share price target 2022

The company is continuously running the business by taking huge debt on itself. Due to which the assets of the company have also stood on the verge of selling. Talking about the biggest assets of the company, then Spectrum. And he seems to be trying his best to save her. Anil Ambani is seen taking many steps to keep his business afloat.

I have done a lot of work to get debt free in my business R power. It is possible that something like this will be seen in Rcom in the coming days as well. Due to which the share price will also be seen going up. If seen in 2022, then the first target can be seen at 4 rupees. After that Rs 5.20 shows another target.

Rcom share price target 2023

If the company reduces its debt by selling its business Telecom Spectrum, then Rcom is going to be seen focusing in its Enterprises business. And the company is still the market leader in that. Networking, Data Center, Cloud are connected with AC technology in this business. Due to which the valuation of the company is seen increasing in the coming days.

However, how the company is able to run this business will be seen only in the coming days. Talking about the share price till 2023, the first target of Rs 6.40 is visible. If this target is seen to be of interest soon, then one should definitely hold it for 7 rupees.

Rcom share price target 2025

The company is constantly trying to repay the debt of the bank and other company by selling its assets. Because of which the future of the company is negligible. However, due to some good news from time to time, you get to see a little jump. But the expectation of big returns is negligible.

If the company manages to handle itself at the right time, then good growth can be expected. Because its business is related to technology and there are many opportunities ahead in this sector. But a lot of investment will also be required. If the stock of Rcom remains the same in 2025, then the target can be seen in the seed trade of Rs.2 to Rs.3.

Rcom share price target 2030

Considering the company’s financials and fundamentals, it is very risky to stay invested in this stock for a long time. Unless the company shows its good performance, you should absolutely not invest in this company in the long run. The company may give good returns in a short period of time, but to give good returns in the long run, it is very important to have a strong business.

Looking at Rcom at the present time, it cannot be said at all that it is good. Hence, you would be better off staying away from investing in this stock in the long run.

 

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Rcom future Price :

The seeds of a lot of trouble and debt on the company have remained in the market till now, it is a big deal for the company. However, the present financials of the company are not strong enough to keep running this business in future. But in the coming days, if we see a merger with a big company, then the good days of the company can start.

 

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