Raj Rayon share price target 2024, 2025, 2026, 2028, 2030

Raj Rayon share price target
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Today we are here to predict the share price target of Raj Rayaon for the years 2024, 2025, 2026, 2028 and 2030. Investors often seek guidance on the future performance of stocks in order to make informed decisions.

Before we dive into the share price, it is important to know about the company and its financial results. Basically, Raj Rayon Industries Limited is an Indian company engaged in manufacturing and selling textiles, especially synthetic blended yarns and fabrics.

The company was established in 1993 with an annual production capacity of 600 tons of polyester textured yarn. And by the year 2010, the production capacity of this company increased to 30000 TPA.

Looking at its financial results, the total revenue in the fourth quarter of FY22 is Rs 26.01 crore without any profit. But, in the first quarter of FY23, the share price jumped and increased up to 150 per cent.

The share price rose from Rs 36.25 to Rs 88.30 and delivered bumper returns to its investors in just 3 months. Recently it is showing a decline and it is trading at Rs.47.80 in the stock market.

Raj Rayon’s business model

Raj Rayon Industries Limited is a Public Limited Company incorporated in the year 1991 and headquartered in Mumbai, India. But now, its head office has shifted from Mumbai to Silvassa, Union Territory of Dadra and Nagar Haveli. It operates in the textile industry and primarily focuses on the production of synthetic blended yarns and fabrics.

  • Product Range: The company manufactures and sells a variety of yarns including Polyester Viscose Blended Yarn, Polyester Cotton Blended Yarn, Polyester Wool Blended Yarn and others.
  • Use of Products: These yarns are used in various textile applications such as knitting, weaving and garment manufacturing.
  • Production: Raj Rayon Industries Limited utilizes modern machinery to produce high-quality yarn. The company has production units in the states of Gujarat and Maharashtra in India.
  • Market Presence: The company caters to the needs of both domestic and international markets. Its products are used by customers in the textile industry for various applications such as suiting, shirting, upholstery, home textiles, etc.

Raj Rayon share price target 2024, 2025 to 2030

In this article, we will predict Raj Rayon’s share price targets for the years 2024, 2025, 2026, 2028 and 2030. The share price target is based on our experience, research and technical analysis, which may differ from the actual price.

As the share prices are subject to various market factors and may fluctuate on economic conditions and the performance of the Company. Therefore, always research well and consult your financial advisor before investing.

2024

The company focuses on the domestic and international markets and has great growth prospects in the coming year. Hence, based on our research and technical analysis, the first target price for Raj Rayon shares is Rs 60.10 and the second target price is Rs 70.20 by 2024.

2025

Top market experts suggest that the company’s revenue growth and profitability will increase further. And as per our technical analysis and research, the first target price is Rs 75.25 and the second target price is Rs 85.50 for Raj Rayon shares during the end of 2025.

2026

By 2026, based on our research and forecast system, the first target price is Rs 80.30 and the second target price is Rs 92.40 for Raj Rayon shares in the middle of the year.

2028

Long-term forecasts are subject to considerable uncertainty and may be affected by a number of unpredictable variables. But thinking about the future is a natural process. So, as per our research and experience, the first target is Rs 105.20 and the second share price target is Rs 125.50 for Raj Rayon shares by 2028.

2030

The first target price for Raj Rayon shares is Rs 145.65 and the second target price is Rs 165.30 in the middle of the year, based on our research and forecast system, till 2030. This is an expected estimated value, which may differ from the actual value.

FAQs
What is the target price of Raj Rayon shares in 2025?

The maximum target price for Raj Rayon shares is Rs 85.50 by 2025.

What is the target price of Raj Rayon shares in 2028?

The first target price and second target price for Raj Rayon shares are Rs 105.20 and Rs 125.50, respectively, by 2028.

What is the current share price of Raj Rayon?

The current share price of Raj Rayon as on 25 May 2023 is Rs 47.80.

What is the target price of Raj Rayon shares in 2030?

The first target price for Raj Rayon shares is Rs 145.65 by 2030.

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Disclaimer: Raj Rayon’s stock target price is based on our experience, research and technical analysis. As the share price is always subject to market risks and may differ from the actual price. No part of the website material provided by us should be considered financial advice. So, before investing in any company, you should do your own research and consult your financial advisor.

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I'm Jasmine (B.Tech) and we have a dedicated team that works closely with each other to deliver quality content at all times.

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