RCOM Share Price Target – 2022, 2023, 2025 and 2030

If you are looking for “Reliance Communications share price targets” for upcoming years you are in the right place. Before we dive into Reliance Communications stock price targets, Let’s understand the Reliance Communications company background, technical fundamentals etc.

About Reliance Communications Limited

Reliance Communications Limited is a leading provider of telecommunications services in India. The company offers a comprehensive range of wireless, wireline, and broadband services to consumers and businesses in the country. Reliance Communications Limited also provides enterprise services, including data center and managed services, software-as-a-service, and cloud computing solutions. The company has a presence in more than 200 countries and serves over 1.5 billion customers around the world. 

Fundamentals of Reliance Communications

Let’s look at the fundamentals of Reliance Communications, based on which we can get a clear understanding of the expertise in the technology sector.

  • Current Market Cap: The current market cap of Reliance Communications as of July 30 2022, is ₹ 2,435.94 Cr.
  • P/E Ratio: The current price to earning ratio of Reliance Communications is 90.52.
  • Sales Growth: Sales growth over the period of time for Reliance Communications is -9.40%.
  • Profit Growth: Profit growth is around -24.47 % over the period of time

Reliance Communications Price Target Details

We have done a complete analysis of Reliance Communications and have come up with its share price targets for upcoming years.

Reliance Communications TradingView Chart Analysis
Reliance Communications TradingView Chart Analysis

Note: These price targets of “Reliance Communications” is only for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.

YearReliance Communications Share Price Targets (₹)
20223
20232.5
20241
20250
20260
20270
20280
20290
20300

Reliance Communications share price target 2022

After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Reliance Communications we found,

The target share price of Reliance Communications for the year 2022 will be ₹3

Reliance Communications share price target 2023

The target share price of Reliance Communications for the year 2023 will be ₹2.5

Reliance Communications share price target 2024

The target share price of Reliance Communications for the year 2024 will be ₹0

Reliance Communications share price target 2025

The target share price of Reliance Communications for the year 2025 will be ₹0

Reliance Communications share price target 2026

The target price of Reliance Communications for the year 2027 will be ₹0

Reliance Communications share price target 2027 to 2030

The target share price of Reliance Communications for the years 2027, 2028, 2029, and 2030 will be ₹9.8, ₹11.5, ₹13.5, and ₹20 respectively.

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StockIPO

I am the founder of StockIPO website, has a 6+ years experience in stock market industry. Expertise in financial investments, personal finance and IPO. My main aim of this journey too build awareness on personal finance among the young investors.

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