Hind Rectifiers Share Price Target Forecast for 2024 to 2030: Predictions and Market Analysis

Follow Us

“`html

Hind Rectifiers Ltd., a prominent Indian company, specializes in the production and supply of power semiconductors, electronic equipment, and railway transportation systems. Established in 1958, the company has built a reputation for delivering high-quality, energy-efficient solutions tailored to various sectors, including railways, power, and industrial automation. Hind Rectifiers is recognized for its innovative approach and commitment to sustainability. As of 16 October 2024, the Hind Rectifiers Share Price on the NSE stood at 970.85 INR. In this article, we will delve into Hind Rectifiers Share Price Target forecasts for 2024, 2025, and beyond until 2030, along with an in-depth market analysis.

Hind Rectifiers Ltd: Comprehensive Market Overview

  • Open Price: ₹891.25
  • High Price: ₹970.85
  • Low Price: ₹882.60
  • Previous Close: ₹882.60
  • Volume: 39,299
  • Value (Lacs): ₹381.53
  • VWAP: ₹950.93
  • UC Limit: ₹970.85
  • LC Limit: ₹794.35
  • P/E Ratio: 95.21
  • Dividend Yield: 0.12%
  • 52-week High: ₹1,012.60
  • 52-week Low: ₹344.05
  • Market Capitalization: ₹1.66K Cr
  • Face Value: ₹2

Hind Rectifiers Share Price Chart

Hind Rectifiers Share Price Chart

Hind Rectifiers Share Price Target: 2024 to 2030 Forecasts

Hind Rectifiers Share Price Target Years Share Price Target (INR)
2024 ₹1210
2025 ₹1430
2026 ₹1620
2027 ₹1840
2028 ₹2095
2029 ₹2280
2030 ₹2615

Hind Rectifiers Share Price Target: 2024 Detailed Analysis

The projected share price target for Hind Rectifiers in 2024 is ₹1210. Several factors could influence this target:

  • Expansion in Railway and Power Sector: The Indian railway and power sectors are expanding rapidly, driven by ongoing infrastructure modernization and electrification. Demand for products such as rectifiers and transformers could significantly increase, thereby boosting Hind Rectifiers’ revenues and share price.
  • Technological Innovation: With a strong emphasis on developing energy-efficient and innovative power electronics products, Hind Rectifiers can maintain its competitive edge. New contracts stemming from this innovation could further enhance share value.
  • Government Policies and Investments: Supportive government policies, including incentives for infrastructure, green energy initiatives, and electrification projects, could substantially increase market demand for Hind Rectifiers’ products, potentially elevating its share price.

Hind Rectifiers Share Price Target: 2025 In-Depth Outlook

The expected share price target for Hind Rectifiers in 2025 is ₹1430. The following factors are likely to impact share growth:

  • Increased Demand for Renewable Energy Solutions: As the industry shifts toward renewable energy like solar and wind, Hind Rectifiers can leverage its expertise in power electronics. The upswing in demand can lead to increased revenue and profits, which would positively influence share prices.
  • Strategic Partnerships and Collaborations: Forming alliances with other technology firms and public sector entities will allow Hind Rectifiers to tap into larger projects and markets. Successful collaborations can open up several revenue channels, improving share valuation.
  • Government Infrastructure Initiatives: Ongoing government investments in critical infrastructure, particularly in railways and urban development, create ample opportunities for Hind Rectifiers. Securing contracts in these sectors will be vital for growth and positively impact share price.

Hind Rectifiers Share Price Target: 2030 Predictions

For the year 2030, the anticipated share price target for Hind Rectifiers is ₹2615. However, several threats could pose risks to achieving this target:

  • Fluctuating Raw Material Costs: The company depends on various raw materials for production. Significant price volatility in raw materials like copper and aluminum could impact profitability, potentially leading to a decrease in share price.
  • Intense Competition: The power electronics market is saturated with several rivals, leading to competitive pricing pressures. Sustaining innovation is crucial for Hind Rectifiers to maintain market position; failure to do so could hinder growth and affect share performance.
  • Regulatory Changes: Changes in government policies concerning energy efficiency and environmental standards can significantly impact operations. The need to adapt could also require substantial investment, further challenging the company’s performance and share price.

Hind Rectifiers Ltd: Shareholding Pattern

  • Promoters: 44.05%
  • Foreign Institutional Investors (FII): 5.82%
  • Domestic Institutional Investors (DII): 0.02%
  • Public Stake: 50.12%

Shareholding Pattern For Hind Rectifiers Ltd

Hind Rectifiers Ltd: Financials Summary

Financial Metric 2024 (INR) Year-over-Year Change
Revenue 5.18B 44.13%
Operating Expenses 924.03M 34.99%
Net Income 125.10M 296.61%
Net Profit Margin 2.42 236.72%
Earnings Per Share (EPS)
EBITDA 438.54M 219.12%
Effective Tax Rate 29.28%