Today, we’re going on a journey to explore the estimated RR Kabel Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected RR Kabel Share Price Target.
RR Kabel Limited, a prominent name in the cable industry, has announced its Initial Public Offering (IPO) which is set to open for subscription on 13th September 2023 and will close on 15th September 2023. The company has been listed with the symbol ‘RRKABEL’.
The IPO comprises a fresh issue of up to Rs. 1,800.00 million and an Offer for Sale of up to 17,236,808 equity shares. Notably, this includes an Anchor Allocation of 56,58,201 Equity Shares.
The issue is entirely based on the 100% Book Building process. Potential investors can place their bids within a price range of Rs. 983 to Rs. 1035 per equity share. Each share has a face value of Rs. 5.
For the company’s eligible employees, there’s a special discount of Rs. 98 per equity share. The tick size for the IPO has been set at Re. 1.
Investors can bid for a minimum of 14 equity shares, which is also the bid lot. Subsequent bids can be placed in multiples of this bid lot. The minimum order quantity is set at 14 equity shares.
Retail investors can subscribe to a maximum amount of Rs. 2,00,000. On the other hand, eligible employees have a cap of Rs. 5,00,000 for their subscription.
For Qualified Institutional Buyers (QIB), the maximum bid quantity is 1,33,17,724 equity shares in multiples of 14 equity shares, calculated at the higher end of the price band. Non-Institutional Buyers (NIB) can bid for up to 95,45,592 equity shares, also in multiples of 14 equity shares, based on the higher price limit.
Overview of RR Kabel
Name | RR Kabel Limited |
Symbol | RRKABEL |
Industry | Electrical Industry |
Founded | Over 30 years ago |
CEO | Dinesh Aggarwal |
Services | Wires and cables, FMEG |
Country | India |
Locations | India |
Website | rrkabel.com |
Profile | RR_Kabel |
RR Kabel history of over 30 years ago and today RR Global is a USD 1.25 Billion conglomerate and is one of the world’s largest and most prominent names in the electrical industry.
Spread across multiple business verticals including Wires and cables, Switches, Fans, Lighting, Switchgear, and appliances, we continue to endeavor to create top-quality products using futuristic advances in design and engineering.
R R Kabel Ltd. is a part of the Ram Ratna Group, which has been in the business for several decades. The group has a rich history and has established itself as a leading name in the wire and cable sector.
While R R Kabel is an Indian company, it has a significant global presence. They export their products to several countries and have earned a reputation for reliability and excellence worldwide.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched RR Kabel Share price target for 2023, 2025, 2030 to 2050.
Keep an eye on RR Kabel’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in RR Kabel’s stock price. we will also take into analyst recommendations from various brokerage firms at the end of the article.
Above, the chart presents historical prices for RR Kabel stock, illustrating its trending behavior. Below, the table provides detailed data on the stock’s open, high, low, and close prices, offering a comprehensive perspective for stock analysis.
Brokerage Firms
An effective method for evaluating the RR Kabel share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
“Latest Research reports are not available.”
Fundamentals of RR Kabel
The fundamental analysis of RR Kabel Limited focuses on key factors to better understand the company’s valuation.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched RR Kabel price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
RR Kabel is expected to continue its growth trajectory in the coming year, with an estimated Revenue/EBITDA/PAT CAGR of 20.7%/38.8%/44.3% over FY23-26E. The company’s improving business mix, operating leverage & cost optimizing initiatives, investments in brand building, and increasing distribution reach are expected to contribute to its growth. We believe that RR Kabel’s share price could reach Rs. 1300 – Rs. 1350 by the end of 2023.
RR Kabel’s growth momentum is expected to continue in 2024, with an estimated Revenue/EBITDA/PAT CAGR of 20.7%/38.8%/44.3% over FY23-26E. The company’s focus on growth and market share, along with its well-diversified product portfolio, is expected to drive its growth. We believe that RR Kabel’s share price could reach Rs. 1500 – Rs. 1550 by the end of 2024.
RR Kabel’s growth prospects are expected to remain strong in 2025, with an estimated Revenue/EBITDA/PAT CAGR of 20.7%/38.8%/44.3% over FY23-26E. The company’s strategic diversification plans in the FMEG sector, along with its focus on innovation and technology, is expected to contribute to its growth. We believe that RR Kabel’s share price could reach Rs. 1700 – Rs. 1750 by the end of 2025.
RR Kabel’s growth prospects are expected to remain strong in 2027, with an estimated Revenue/EBITDA/PAT CAGR of 20.7%/38.8%/44.3% over FY23-26E. The company’s strategic diversification plans in the FMEG sector, along with its focus on innovation and technology, is expected to contribute to its growth. We believe that RR Kabel’s share price could reach Rs. 2100 – Rs. 2150 by the end of 2027.
RR Kabel’s growth momentum is expected to continue in the long term, with an estimated Revenue/EBITDA/PAT CAGR of 20.7%/38.8%/44.3% over FY23-26E. The company’s focus on innovation, technology, and market share, along with its well-diversified product portfolio, is expected to drive its growth. We believe that RR Kabel’s share price could reach Rs. 2700 – Rs. 2750 by the end of 2030.
RR Kabel’s growth prospects are expected to remain strong in the long term, with an estimated Revenue/EBITDA/PAT CAGR of 20.7%/38.8%/44.3% over FY23-26E. The company’s strategic diversification plans in the FMEG sector, along with its focus on innovation and technology, is expected to contribute to its growth. We believe that RR Kabel’s share price could reach Rs. 3500 – Rs. 3550 by the end of 2035.
RR Kabel’s growth prospects are expected to remain strong in the long term, with an estimated Revenue/EBITDA/PAT CAGR of 20.7%/38.8%/44.3% over FY23-26E. The company’s strategic diversification plans in the FMEG sector, along with its focus on innovation and technology, is expected to contribute to its growth. We believe that RR Kabel’s share price could reach Rs. 6000 – Rs. 6050 by the end of 2050.
Analyst Recommendations
RR Kabel Buy or Sell
Daily Low / High
How to Buy RR Kabel Stock
- Click on the “Open an Account“
- Fill in the required details
- Complete the verifying your identity
- Login to Your Account
- Search for RR Kabel
- Place an Order.
Telegram Channel | 👉 Click Here ☑ |
Facebook Page | 👉 Click Here ☑ |
Year | Share Price Target (Minimum) | Share Price Target (Maximum) |
---|---|---|
2023 | Rs. 1300 | Rs. 1350 |
2024 | Rs. 1500 | Rs. 1550 |
2025 | Rs. 1700 | Rs. 1750 |
2026 | Rs. 1900 | Rs. 1950 |
2027 | Rs. 2100 | Rs. 2150 |
2030 | Rs. 2700 | Rs. 2750 |
2035 | Rs. 3500 | Rs. 3550 |
2040 | Rs. 4500 | Rs. 4550 |
2050 | Rs. 6000 | Rs. 6050 |
– As of 21 September 2023, the current share price of RR Kabel is ₹1,189 Check out today’s current share price.
– Based on our analysis, the maximum share price target for RR Kabel in 2023 could be ₹1350.
To stay updated with the latest information related to the stock market and receive live stock market updates, follow Sharedhan and stay connected with us. Check out Today’s Share Market Open or Closed India.
I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– These Share Price Targets for “RR Kabel Share Price Target” are only provided for informational purposes only. It does not constitute a recommendation to buy, sell, or hold RR Kabel stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com