Rainbow Childrens Medicare Limited
Share Price Target & Analysis
NSE:RAINBOW
VWAP
Open
Close
High
Low
52 Week High
52.20 (3.89%)
RAINBOW
(Miscellaneous)Sideways to Positive
52 Week Low
EPS
PE
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: @1333.15MA | 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 |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 1369.53 | Downtrend |
MACD | -11.14 | SELL |
ADX | 30.75 | Strong Trend |
DMI (+/-) | 26.81 / 19.19 | Uptrend |
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 |
Duration | Value |
---|---|
1 Year | 62.55% |
3 Months | 6.75% |
1 Month | -0.56% |
1 Week | -1.54% |
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 |