In today\’s article we will talk about Reliance Home Finance Share Price Target 2024, 2025, 2026 and 2030 from technical, fundamentals and financial results. Due to the fall in the share price of the company, many investors had to face losses. There will be many questions in your mind like Will RHFL grow once again? Can RHFL provide good returns to investors? Should we invest in RHFL or not? So let us try to answer all the questions and let\’s talk about RHFL share price target 2024, 2025, 2026 and 2030 in the article.
About Reliance Home Finance Limited (RHFL)
Reliance Home Finance Limited, a subsidiary of Reliance Capital, is a prominent player in India\’s housing finance sector. Established in 2008, the company specializes in providing a wide range of financial products and services tailored to meet the diverse needs of homeowners and real estate developers. With a focus on innovation and customer-centric solutions, Reliance Home Finance has carved a niche for itself in the competitive market, offering home loans, loan against property, construction finance, and affordable housing finance.
Reliance Home Finance Limited was previously owned by Reliance Capital, a part of the Reliance Group, led by Anil Ambani. However, as of my last update in April 2024, ownership details may have changed. Reliance Capital faced financial challenges and underwent restructuring, impacting its subsidiaries. For the most current information on ownership and past details, I recommend referring to recent financial reports or news sources.
Potential For Home Finance Company
Home finance companies hold immense future potential as they tap into the growing demand for housing and property ownership. Present trends indicate a shift towards digitalization and personalized financial solutions, aligning with customer preferences. The home finance industry is poised for significant growth driven by urbanization, government initiatives, and favorable demographics. As economies develop and aspirations rise, home finance companies are well-positioned to play a vital role in facilitating access to affordable housing solutions.
Company Profile
| Name | Details |
|---|---|
| Company Name | Reliance Home Finance Ltd (RHFL) |
| Traded as | NSE: RHFL BSE: 540709 |
| Headquarters | Mumbai, India |
| Listed Year | 2017 |
| ISIN | INE217K01011 |
| Market Cap | 190 Cr |
| P/E Ratio | 0.03 |
| P/B Ratio | -2.45 |
| Debt to Equity | -1.10 |
| ROCE | 250% |
| Website | www.reliancehomefinance.com |
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Risks and Considerations
Reliance Home Finance Company has seen negative results ever since it was listed. When the company was listed in the year 2017, the share price was around 113 rupees and since then the share price has decreased rapidly and now it is 3 to 4 rupees. Looking at the share price, investing in the company is very risky.
Investing in a Reliance Home Finance (RHFL) company entails risks including market fluctuations, interest rate changes, credit defaults, regulatory shifts, and operational challenges. Competition, technological disruption, and economic downturns can impact profitability. Liquidity shortages and interest rate sensitivity also pose threats. Thorough research into financials, management, and industry trends is essential. Diversification and financial advice can help mitigate risks and optimize investment decisions.
Reliance Home Finance Share Price Target
Reliance Home Finance\’s share price target depends on various factors such as market sentiment, financial performance, and industry trends. We will discuss in detail about the share price target in a sequential manner. First we will look at Reliance Home Finance Share Price Target 2024 and Reliance Home Finance Share Price Target 2025.
In the stock market, companies are more commonly known by their short name, Reliance Home Finance Ltd is known as RHFL. Through historical and technical analysis, we will discuses about RHFL Share Price Target 2024, RHFL Share Price Target 2025 and RHFL Share Price Target 2030 respectively. We will also present the RHFL share price target 2024 to 2030 in a table, form which will be easy for you to understand.
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Reliance Home Finance Share Price Target 2024
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹ 4.65 | ₹ 5.50 |
After the listing of the company, due to the management and service problems of the company, the share price has come to the bottom. Corona epidemic had a terrible impact on the entire stock market but most of them have been able to take themselves to new heights in a few years but Reliance Home Finance has not been able to strengthen its position.
For the year 2024, Reliance Home Finance Share Price Target 2024 can be hit around 4.65 rupees. A second RHFL Share Price target 2024 can be around 5.50 rupees.
Reliance Home Finance Share Price Target 2025
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹ 4.80 | ₹ 5.60 |
Non-banking financial companies are currently growing at a good rate but many factors play a role in this. Reliance Home Finance shows a negative result in this sector. Due to their huge downfall, there is investor distrust, the company is working to establish its name but it is not certain when it will get the green light.
In the year 2025, Reliance Home Finance Share Price Target 2025 can be around rupees 4.80 and second target can be around 5.60 rupees at end of the year 2025.
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Reliance Home Finance Share Price Target 2026
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹ 5.85 | ₹ 6.25 |
Home loan is a very good sector but it has many challenges and the growth of the company mainly depends on the management of the company. Such huge downfall of Reliance Home Finance Company shows the failure of their management. If the company is able to improve its management and system then it can give good returns.
From the information we have with us, Reliance Home Finance Share Price Target 2026 can be around 5.85 rupees and second target is around 6.25 rupees possible in the year 2026.
Reliance Home Finance Share Price Target 2030
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹ 10.10 | ₹ 10.25 |
Investing in Reliance Home Finance is a little risky and since the share price is low right now, it is considered a penny stock. If you want to invest then only a small portion of your portfolio should be invested in this company so that the chance of loss is reduced.
From technical and fundamentals analysis, Reliance Home Finance Share Price Target 2030 can be around 10.10 rupees. A second target can be hit around 10.25 rupees at end of the year 2030.
RHFL Share Price Target 2024, 2025 to 2030
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹ 4.65 | ₹ 5.50 |
| 2025 | ₹ 4.80 | ₹ 5.60 |
| 2026 | ₹ 5.85 | ₹ 6.25 |
| 2027 | ₹ 6.30 | ₹ 6.90 |
| 2028 | ₹ 7.15 | ₹ 7.85 |
| 2029 | ₹ 8.25 | ₹ 9.05 |
| 2030 | ₹ 10.10 | ₹ 10.25 |
Reliance Home Finance Limited (RHFL) Fundamentals
If we talk about the fundamentals of the company, there is negativity seen in Reliance Home Finance Limited fundamentals. The company is trying to move forward by correcting the mistakes of the past. Here we will discuss in detail about financial results share price history and share holding pattern of Reliance Home Finance (RHFL).
Reliance Home Finance Shareholding Pattern
- 97.30% : Retails & Others
- 0.39% : Foreign Institutions-FII
- 0.74% : Promoters
Reliance Home Finance Ltd Financial Results
- In the year 2021, 795 crore total income generated. Net profit remained negative in 2021 due to previous accounting and company expenses. Talking about the figure of net profit, it is -1,519.20 crores.
- In 2022, Total seals generate around 285 crores and net profit is again shown as negative. Net profit in 2022 is -5,989.20 crores.
- In the year of 2023, Reliance Home Finance total sales around 382 crores and net profit is -5,458 crores
Reliance Home Finance Ltd Share Price History
After being listed in the year 2017, the share price of the company has seen a continuous decline. In the year 2017, the maximum share price went up to rupees 113. If we talk about all time low share price, it is 0.70 rupees. Since the year 2020 till now, the share price has been seen between 0.70 to 6 rupees. The share price has not seen good progress since last three years.
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Conclusion
In this article we talked about Reliance Home Finance, a company of Reliance Capital. We discussed in detail the company\’s performance and potential in the home finance sector. Then we look at Reliance share price target from 2024 to 2030 in details. We look at the fundamentals, financial results and share price history of Reliance Home Finance Company. We discussed the things to consider, risks and considerations before investing in the company.
FAQs
Reliance Home Finance Share Price Target 2024
In the year 2024, Reliance Home Finance Share Price Target 2024 can be hit around 4.65 rupees. A second RHFL Share Price target 2024 can be around 5.50 rupees in the year 2024.
Reliance Home Finance Share Price Target 2025
According to our research and fundamentals analysis, Reliance Home Finance Share Price Target 2025 can be around rupees 4.80 and second target can be around 5.60 rupees possible to hit at end of the year 2025.
Reliance Home Finance Share Price Target 2030
As per our analysis, Reliance Home Finance Share Price Target 2030 can be around 10.10 rupees. If first target hit before end of the year we can plan second target and second target can be hit around 10.25 rupees at end of the year 2030.
Reliance Home Share Price Target 2025
In the year 2025, Reliance Home Share Price Target 2025 can be around rupees 4.80 and second Reliance Home Share Price Target 2025 can be around rupees 5.60 possible to hit at end of the year 2025.
RHFL Share Price Target 2030
In 2030, RHFL Share Price Target is around 10.10 rupees possible. As per our analysis a second target can be possible around 10.25 rupees hit at end of the year.
RHFL Share Price Target 2024
In the year 2024, RHFL Share Price Target 2024 is around 4.65 and second target can be 5.50 rupees possible.
RHFL Share Price Target 2025
RHFL share price target 2025 may go to around 4.80 rupees. A second target may be possible around 5.60 rupees in the year of 2025.
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