Rainbow Childrens Medicare Limited
Share Price Target & Analysis

NSE:RAINBOW

1383.33

VWAP

1359.90

Open

1348

Close

1404.75

High

1339.35

Low

1649.00

52 Week High

1393.95
52.20 (3.89%)

RAINBOW

(Miscellaneous)
66.9% Momentum

Sideways to Positive

878.00

52 Week Low

21.68

EPS

86.10

PE

13

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: RAINBOW Share Price Financial Analysis & Valuation

Rainbow Childrens Medicare Limited (RAINBOW) is broadly categorized in Miscellaneous segment industry which deals in Hospital & Healthcare Services vertical. It is one of Mid Cap company with Market Capitalization of Rs 4330.06 (in Cr). Total number of free float shares are 0 (in Lacs). Rainbow Childrens Medicare Limited is listed on NSE with Exchange ID - INE961O01016 and trading code is NSE:RAINBOW with short name Rainbow Child.

In the past 1 year, Rainbow Childrens Medicare Limited has declared an equity dividend of Rs 2 per share. At the current share price of RAINBOW at Rs 1393.95, this results in a dividend yield of 0.14 %.

As per the Fundamental Analysis of NSE:RAINBOW, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine RAINBOW underlying value and future prospects. All of this data is available in RAINBOW financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:RAINBOW, it is clearly understood that RAINBOW is Economical performer in terms of earnings and profit margins with an EPS of 21.68. NSE:RAINBOW book value per share as of today is 107.23. The current price to book ratio for RAINBOW as of May 18, 2024 is 13.

Valuation of the Stock: The current valuation of RAINBOW stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of RAINBOW whether to BUY this stock at current valuation. The delivery percentage of RAINBOW is 40.86% is very crucial parameter which shows that 40.86% investors are anticipating that the price of RAINBOW share should go up with VWAP at 1383.33.

Now, the main question is whether to BUY or SELL, NSE:RAINBOW at current valuation.
As per latest Analysis No. #3956:-

STRONG BUY RAINBOW if All Greens

BUY RAINBOW (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD RAINBOW (With Stop Loss) if only 1 Green

SELL RAINBOW if NO Green Indicator

NSE: RAINBOW Share Price Today (May 18, 2024)

(Rainbow Childrens Medicare Limited Daily Analysis on the basis of RAINBOW Intraday Graph & Trend)

Rainbow Childrens Medicare Limited share price moved Up by 3.89% from its previous close of Rs 1348. RAINBOW stock last traded price is 1393.95. RAINBOW share price trend is Up with a total of 44521 stocks traded till now. It has touched an intraday high of Rs 1404.75 and an intraday low of Rs 1339.35. The RAINBOW trading at 1393.95, Up by Rs. 52.20, or 3.89 percent which suggests that most of the Traders are anticipating that the price of RAINBOW share should go Up.

NSE: RAINBOW Share Price Tomorrow Prediction

(Rainbow Childrens Medicare Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of RAINBOW)

Rainbow Childrens Medicare Limited share price moved Up by 3.89%. RAINBOW share price short term trend is Up. It suggests that RAINBOW Share Price for Tomorrow remains the same with VWAP at 1383.33 will be treated as stop loss for intraday traders. Rainbow Childrens Medicare Limited Long term investors can follow the RAINBOW long term trend as mentiond in future forecast table.

NSE Code

NSE: RAINBOW

RAINBOW Share Price Today

1393.95

RAINBOW Share Price Target Prediction for 2024 ^

1215.4 - 1657.2

RAINBOW Share Price Target Prediction for 2025*^

1657.2 - 1765.4

RAINBOW Share Price Target Prediction for 2026*^

1765.4 - 1889

RAINBOW Share Price Target Prediction for 2027*^

1983

RAINBOW Share Price Target Prediction for 2028*^

2040

RAINBOW Share Price Target Prediction for 2030*^

2224
RAINBOW Current Book Value 2023
106.7

*Rainbow Childrens Medicare Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^RAINBOW share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

RAINBOW Technical Analysis

Candlestick Pattern: @1333.15

RAINBOW Moving Averages

BUY (6) NEUTRAL (0) SELL (8)
MA Simple Action S1 Expo Action E2
MA_5 1370.4 SELL 1364.9 SELL
MA_12 1397.07 SELL 1377.88 SELL
MA_20 1369.53 SELL 1369.35 SELL
MA_32 1351.41 SELL 1346.58 SELL
MA_50 1298.3 BUY 1323.74 BUY
MA_100 1281.89 BUY 1278.21 BUY
MA_200 1167.6 BUY 1169.24 BUY

RAINBOW Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 1369.53 Downtrend
MACD -11.14 SELL
ADX 30.75 Strong Trend
DMI (+/-) 26.81 / 19.19 Uptrend

RAINBOW Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 47.35 Neutral
STOCHASTIC_K (Fast) 10.91 Oversold
STOCHASTIC_D (Slow) 11.75 Oversold
CCI -80.63 Neutral
PSAR 1618.93 SELL
TRUE RANGE 45.05 SELL
ATR 63.91 Neutral
WILLIAMS R -91.83 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -7.5 SELL

RAINBOW Last 1 Year Trend

Duration Value
1 Year 62.55%
3 Months 6.75%
1 Month -0.56%
1 Week -1.54%

RAINBOW Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 27%
NEUTRAL / HOLD 13%
SELL 60%

Most popular Questions & Answers about RAINBOW


Rainbow Childrens Medicare Limited stock last traded price is 1393.95. RAINBOW share price moved Up by 3.89% from its previous close of Rs 1348.

Rainbow Childrens Medicare Limited share price trend is Up with a total of 44521 stocks traded till now. It has touched an intraday high of Rs 1665.49 and an intraday low of Rs 1339.35. The RAINBOW trading at 1393.95, Up by Rs. 52.20, or 3.89 percent which suggests that most of the Traders are anticipating that the price of RAINBOW share should go Up and the Stop Loss will be around 1383.33.

The market cap of Rainbow Childrens Medicare Limited is ₹4330.06 (in Cr) as of May 17, 2024.

The current price to earning ratio for Rainbow Childrens Medicare Limited as of May 17, 2024 is 86.10.

The current price to book ratio for Rainbow Childrens Medicare Limited as of May 17, 2024 is 13.

The highest price of Rainbow Childrens Medicare Limited stock is ₹1649.00 in the last 52-week.

The lowest price of Rainbow Childrens Medicare Limited stock is ₹878.00 in the last 52-week.

Rainbow Childrens Medicare Limited share trading at ₹1393.95, Up by Rs. 52.20, or 3.89 percent which suggests that most of the traders are anticipating that the price of RAINBOW share should go Up.

In 2023, Stock price target for Rainbow Childrens Medicare Limited (RAINBOW) are ₹1215.4 on downside and ₹1657.2 on upside. Rainbow Childrens Medicare Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Rainbow Childrens Medicare Limited (RAINBOW) are ₹1657.2 on downside and ₹1765.4 on upside. Rainbow Childrens Medicare Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Rainbow Childrens Medicare Limited (RAINBOW) are ₹1765.4 on downside and ₹1889 on upside. Rainbow Childrens Medicare Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Rainbow Childrens Medicare Limited (RAINBOW) will be around ₹2040 Rainbow Childrens Medicare Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of RAINBOW.

As per the fundamental analysis of Rainbow Childrens Medicare Limited (RAINBOW), it is of Economical quality in terms of earnings and profit margins with an EPS of 21.68. Rainbow Childrens Medicare Limited book value per share as of today is 107.23. The current price to book ratio for RAINBOW as of May 18, 2024 is 13.


NSE:RAINBOW News & Other Useful Information about RAINBOW Share Price


Peer Comparison of NSE: RAINBOW

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Hospital & Healthcare Services

Company Price EPS BV
MAXHEALTH 840.85 5.88 72.47
KIMS 1961.90 32.72 233.19
VIJAYA 776.20 11.18 53.18
NIDAN 35.10 0 49.96
RAINBOW 1393.95 21.68 107.23
KRSNAA 598.20 16.09 229.26
MEDANTA 1415.00 13.02 92.69
AATMAJ 38.30 0 7.99
YATHARTH 448.30 8.51 22.88
SANGANI 45.90 0 10.76
Updated at: 17 May 2024 15:53

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