Rattan Power (Rattan India Power) is a low-cap penny stock that is involved in multiple power-related businesses. In the last 1 year, the stock has given a good return of approx 300%. The Indian government is also supporting the sector with different plans. Let’s check the Rattan Power share price target for 2024, 2025, and 2026.
Rattan Power is a fundamentally weak penny stock and it is very volatile too. Investing in low-cap penny stocks for retail investors can be very risky. There is also a very high chance of losing money in the long term and short term too.
Hope you know that the technical analysis and the fundamental analysis do work properly in the penny stocks mostly the penny stocks which are low caps. Any major buy or sell in these types of stocks can make your portfolio green or red. Most probably you’ll be at a loss.
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About RattanIndia Power
RattanIndia Power is an Indian company. The company was founded in 2011 and as of now the managing director of the company is Mr. Brijesh Gupta.
RattanIndia Power is mainly involved in many businesses like power generation, trading, power distribution, power transmission, etc. There are also two thermal plants of the company i.e. Amravati Thermal Power Plant and Nashik Thermal Power Plant. Check their website to learn more about their business and work.
Rattan India Power compnay ranks under the top 15 companies in the power sector in India. Yearly the sales and net profit of the compnay are increasing very rapidly even though it is a small-cap company.
Company Fundamentals
As you penny stocks are very volatile and risky. There are two types of penny stocks i.e. fundamentally weak and fundamentally strong. There are less risk in the fundamentally strong stock.
You can check the growth of any stocks and strength using the company’s fundamental data. In short, the fundamentals are the financial information of any company which can be annually or quarterly or both.
For safe investors, it is highly recommended to check the company’s fundamentals and choose the company for investments that is very strong among the all companies in the sector.
In case you don’t know how to read a company’s fundamental data to know which company is best in a particular industry, from the below video, you can learn a lot about reading and understanding the company’s fundamental data.
Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong. The fundamental data was last updated on 07 Feb 2024.
Profit Growth (Last 5 Years)
| Year | Profits (In Crore) |
|---|---|
| March 2019 | -₹3,328 |
| March 2020 | ₹165 |
| March 2021 | -₹942 |
| March 2022 | -₹1,981 |
| March 2023 | -₹1,870 |
Quarterly Results (Profits)
| Quarter | Profits (In Crore) |
|---|---|
| Dec 2022 | -₹480 |
| Mar 2023 | -₹483 |
| Jun 2023 | -₹549 |
| Sep 2023 | -₹633 |
| Dec 2023 | -₹587 |
Company Essentials
| Market Cap | ₹6,219Cr | ROE | 37.53% |
| P/E Ratio (TTM) | 0.00 | EPS (TTM) | -4.19 |
| P/B Ratio | 0.00 | Div Yield | 0.00% |
| Industry P/E | 21.75 | Book Value | -10.64 |
| Debt to Equity | -1.92 | Face Value | 10 |
Share Holding Pattern
| Held By | Holding % |
|---|---|
| FII | 0.76% |
| DII | 6.89% |
| Public | 48.29% |
| Promoters | 44.06% |
| Other Holders | 0.0% |
Key Points
- RattanIndia Power Limited compnay has been a loss-making compnay for many years.
- Promoters have pledged their maximum holding from the stock which makes the stock more risky.
- On the RattanIndia Power Limited company, there is a Debt of Rs. 3,858.56 Crore, and the company has Rs. 232.18 Crore cash.
- Over the last 4 to 5 years the sales of the compnay is almost grown by 60% to 70%.
- The profit growth and revenue growth of the company are negative, i.e. the compnay has been making losses for years.
Quarterly Results
As we mentioned earlier the compnay has been a loss-making company for almost 10 years the losses of the compnay are increasing almost every year.
In the last 5 quarters, the losses of the company increased as well. In Dec 2023, the company has shown a net loss of Rs. -587 Crore.
Thumb Rules for Investing
If you are an investor and want to book maximum profit on your investments then you have to follow some basic rules that are shared by many experienced investors from all over the world.
Not only in maximizing the return on your investments these rules also help you to book loss or profit at right so, that you can make more profit and decrease losses in the worst market crash.
Note: There are not sufficient rules that will make you high-level investors. In different stocks and sectors, there are multiple factors investors proper to check before investing in stocks. These things come from knowledge and experience.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Rattan Power Share Price Target
There are a lot of stocks that are working on the power sector in many segments. The Indian government is promoting the power sectors like renewable energy, electric vehicles, etc.
As a result the power sector, green energy, electric vehicles stocks, and the sectors too given a massive return in the last 1 to 2 years. The companies that were making losses also gave 100% to 300% returns over the period. It is because if a growing sector gets any positive news its impact can be seen on almost all the stocks.
So, in the sector, it is highly recommended not to invest blindly and do proper research about the stock in which you are going to invest. You should always go with the fundamentally strong stocks in the sector.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
RattanIndia Power share price target 2024
Taking short-term trades in the stock is as we know from the fundaments view the stock is not good and as of now it is also trading at a higher level. So, correction in these types of stocks is very common. So, investing in the stock can be very risky.
If you are planning for the short term then make sure to take trade in limited quantity as it becomes very hard to exit or square off in some cases because these types of stocks are usually not liquid.
Rattan Power Share Price Target 2025 and 2026
The good thing about the company is that sales are increasing with time but still it is a loss-making company. In almost every financial year the loss of the company is increasing very rapidly.
In 2013, the loss of the company was near Rs. -89 Crore but as of now, the loss is very huge. In the 2023 year, the net loss of the company is Rs. -1849 Crore which is very very high.
Like these, other fundaments things are also suggesting investing in the compnay is very risky. If you invest in penny stocks then you should go with those companies that are strong in fundamentals.
FAQs
According to the current fundament analysis, the Rattan stock looks good but there are two negative points in the stock i.e. 0 tax rate and high debtor days. Always remember the stock is a fundamentally weak penny stock.
As there are a lot of stocks in the power sectors and related segments. It is the start of the growth of the sector and stocks. So, it is hard to say which stock is multi-bagger and which is not. Do your proper research before making any decision.
The Rattan Power share price can go up to Rs. 18 – 20 in 2025 if everything goes well like the DEBT on the company reduces, sales and profits increase, etc.
Final Words: In the power sector and the related sectors there is a lot of hype among the people that the power sector’s stock will give multi-bagger returns. In these types of hypes, many people lose money in the stock market. So, plan your investment with proper research in the sector. Rattan Power is one of those stocks that are working in the power sector and Rattan Power’s share price target for 2024, 2025, and 2026 is shared above.