Do you want to know about the reliance share price target for 2022, 2023, 2024, 2025, and 2030? You arrive in the finest article about it. After reading this article you got future predicted targets of reliance industries with technical and fundamental analysis of it.
To predict targets of reliance share in the future. I used a candlestick chart in the 1-month time frame for technical analysis and the research of many site’s data including reliance’s official site for fundamental analysis. I am Prabhat Kumar, a share market trader for 5 years. Let’s start.
Reliance Ind. is founded by Dhirubhai Ambani on 8 May 1973. At the current time, Mr. Mukesh D Ambani is the Chairman and Managing Director. In November 1994 Reliance Ind. is listed at NSE and BSE at the price of Rs.35.50. If I tell the current price of reliance share is approx Rs.2590 at the writing time of this post. Reliance Ind has 12,82,764 Cr. in Rs. of the market cap which is a really big market cap. If we are talking about the debt of Reliance Ind. that is 2,62,345 Cr. in Rs. This debt is not very huge according to the company’s market cap but, Intermediate.
1. Net Sales And Net Profit In Quarterly Results
Reliance Ind. is India’s biggest company and sales are very important for any company. We analyze the sales data of reliance we found not very good results as I think but It is okay. Net Profit in quarterly results is more important than net sales for Reliance Share Price Target 2022. We analyze net profit and get data is good.
|Net Sales |
|JUN 2021||90,776 Cr. in Rs.||8,595 Cr. in Rs.|
|SEP 2021||90,154 Cr. in Rs.||9,228 Cr. in Rs.|
|DEC 2021||76,999 Cr. in Rs.||10,167 Cr. in Rs.|
|MAR 2022||50,446 Cr. in Rs.||11,094 Cr. in Rs.|
|JUN 2022||61,246 Cr. in Rs.||15,096 Cr. in Rs.|
2. Net Sales And Net Profit In Annual Results
We tell you the net sales quarterly results in point one and now you can see the yearly sales and profit growth from 2016 to 2021. Net Profit from 2016 to 2021 is very important data for any investor. Because without this data you never can know the growth of the company.
|Year||Net Sales |
In Annual Report
In Annual Report
|2016||2,33,158 Cr. in Rs.||27,384 Cr. in Rs.|
|2017||2,42,025 Cr. in Rs.||31,425 Cr. in Rs.|
|2018||2,90,042 Cr. in Rs.||33,612 Cr. in Rs.|
|2019||3,71,616 Cr. in Rs.||35,163 Cr. in Rs.|
|2020||3,35,978 Cr. in Rs.||30,903 Cr. in Rs.|
|2021||2,45,667 Cr, in Rs.||31,994 Cr. in Rs.|
If you are analyzing the data from 2016 to 2021 you got amazing things consistent growth in sales and profit this is a very effective term to attract the investor to invest in Reliance Ind.
We analyze by the technical analysis in the Reliance Ind. as you can see in the image given below. Basically, technical analysis is the probability of repeat history in the future. We found the very important thing in the Reliance Ind. chart is the repetition of history. Now in the following table, I mention the future targets.
|Year||Target Of Reliance Ind|
Reliance Share Price Target 2022, 2023, 2024, 2025, And 2030: The predicted target of reliance industries for 2022 is Rs.3,060, for the financial year 2023 the target of reliance is Rs.4,280 after this year the share price target of reliance for 2024 is Rs.5,909 and for the year 2025 the target of reliance can achieve Rs.7,297. Finally, the share price target for 2030 is Rs.18,960. All the targets are analyzed and very a huge possibility to achieve them.
After analyzing the whole of the technical and fundamental analysis of Reliance Ind I have to say that you must invest in Reliance Ind. I think you learned about it and if you have any questions please ask in the comment section.
I am a share market expert for the last five years. I have expertise in technical analysis, and fundamental analysis of stocks, and assets. On this website, I write content like analysis of shares, predict future targets of shares based on analysis, simplify technical analyses, and intraday trading.