RBL Bank Share Price Target 2022 2023 2025 2030 Prediction

RBL Bank Share Price Target

Mkt cap 12.19TCr

About RBL Bank :

RBL Bank Ltd. was incorporated in the year 1943. Its today’s share price is 203.45. Its current market capitalisation stands at Rs 12178.48 Cr. In the latest quarter, company has reported Gross Sales of Rs. 82145.41 Cr and Total Income of Rs.102723.84 Cr. The company’s management includes Niti Arya, Ishan Raina, Manjeev Singh Puri, Veena Mankar, Chandan Sinha, Rajeev Ahuja, Vimal Bhandari, Somnath Ghosh, Ranjana Agarwal, Vijay Mahajan, Vishwavir Ahuja, Prakash Chandra.

52-wk high 274.30
52-wk low 155.60
P/E ratio
Div yield

 

About RBL Bank Share : 

  • RBL Bank Ltd., incorporated in the year 1943, is a banking company (having a market cap of Rs 12,202.46 Crore).
  • RBL Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2021.
  • For the quarter ended 30-09-2021, the company has reported a Consolidated Total Income of Rs 2,629.08 Crore, down 6.26 % from last quarter Total Income of Rs 2,804.57 Crore and up .58 % from last year same quarter Total Income of Rs 2,613.89 Crore.
  • The bank has reported net profit after tax of Rs 9.72 Crore in latest quarter.

RBL Bank Share Price Target 2021 Q4

  • November 2021 – 205.20 Rs
  • December 2021 – 208.50 Rs

 

RBL Bank share price target 2022

  1. 2022 Jan – 211.00 Rs
  2. 2022 Feb – 215.10 Rs
  3. 2022 Mar – 220.50 Rs
  4. 2022 Apr – 220.10 Rs
  5. 2022 May – 199.65 Rs
  6. 2022 Jun –  230.35 Rs
  7. 2022 Jul –  238.15 Rs
  8. 2022 Aug – 230.05 Rs
  9. 2022 Sep –  230.89 Rs
  10. 2022 Oct – 240.35 Rs
  11. 2022 Nov –  244.95 Rs
  12. 2022 Dec –  248.26 Rs

RBL Bank share price target 2023  – 276.25 Rs 

RBL Bank share price target 2024 –  345.15 Rs

RBL Bank share price target 2025 –  400.50 Rs

RBL Bank share price target 2026 –  420.30 Rs

RBL Bank share price target 2027 –  465.35 Rs

RBL Bank share price target 2028 – 490.20 Rs

RBL Bank share price target 2029 – 560. 80 Rs

RBL Bank share price target 2030 – 711.00 Rs

 

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REPORT

 

Share price of RBL Bank fell 2 per cent in early trade on August 3 after the company declared its June quarter earnings.

On August 2, the company reported a loss of Rs 459.47 crore for the June quarter, as against a profit of Rs 141 crore in the year-ago period, as funds set aside for future debt shocks nearly tripled .

The bank said 97 per cent of the total gross fall of Rs 1,342 crore came from the retail segment, which was hit due to the impact of the second COVID wave.

Its gross non-performing asset ratio rose to 4.99 per cent as of June 30, from 4.34 per cent in March and 3.45 per cent in the year-ago period.

Total provision rose to Rs 1,425 crore from Rs 500 crore in the year-ago period, mainly due to accelerated provisioning of Rs 365 crore to drive its provision coverage levels and Rs 235 crore set aside for COVID-related setbacks.

For the quarter under review, net interest income declined 7 per cent to Rs 970 crore as the loan book remained flat and net interest margin narrowed sharply to 4.4 per cent from 4.9 per cent in the year-ago period.

 

 

 

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