Religare Enterprises Limited
Share Price Target & Analysis
NSE:RELIGARE
VWAP
Open
Close
High
Low
52 Week High
-1.61 (-0.65%)
RELIGARE
(FINANCIAL SERVICES)Turnaround Potential
52 Week Low
EPS
PE
PB
Uncertain
Quality
Unclear
Valuation
#Analysis
NSE: RELIGARE Share Price Financial Analysis & Valuation
Religare Enterprises Limited (RELIGARE) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Finance - Investments vertical.
It is one of Small Cap company with Market Capitalization of Rs 3909.8 (in Cr). Total number of free float shares are 21.7 (in Lacs).
Religare Enterprises Limited is listed on NSE with Exchange ID - INE621H01010 and trading code is NSE:RELIGARE with short name Religare Enterp.
In the past 1 year, Religare Enterprises Limited has declared an equity dividend of Rs 0 per share. At the current share price of RELIGARE at Rs 247.17, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:RELIGARE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine RELIGARE underlying value and future prospects. All of this data is available in RELIGARE financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:RELIGARE, it is clearly understood that RELIGARE is Uncertain performer in terms of earnings and profit margins with an EPS of 0. NSE:RELIGARE book value per share as of today is 64.3. The current price to book ratio for RELIGARE as of Nov 23, 2024 is 3.84.
Valuation of the Stock: The current valuation of RELIGARE stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of RELIGARE whether to BUY this stock at current valuation. The delivery percentage of RELIGARE is 56.82% is very crucial parameter which shows that 56.82% investors are anticipating that the price of RELIGARE share should go up with VWAP at 247.07.
Now, the main question is whether to BUY or SELL, NSE:RELIGARE at current valuation.
As per latest Analysis No. #2599:-
⇑ STRONG BUY RELIGARE if All Greens
⇗ BUY RELIGARE (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD RELIGARE (With Stop Loss) if only 1 Green
⇘ SELL RELIGARE if NO Green Indicator
NSE: RELIGARE Share Price Today (Nov 23, 2024)
(Religare Enterprises Limited Daily Analysis on the basis of RELIGARE Intraday Graph & Trend)
Religare Enterprises Limited share price moved Down by -0.65% from its previous close of Rs 248.78. RELIGARE stock last traded price is 247.17. RELIGARE share price trend is Down with a total of 493933 stocks traded till now. It has touched an intraday high of Rs 249.4 and an intraday low of Rs 245. The RELIGARE trading at 247.17, Down by Rs. -1.61, or -0.65 percent which suggests that most of the Traders are anticipating that the price of RELIGARE share should go Down.
NSE: RELIGARE Share Price Tomorrow Prediction
(Religare Enterprises Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of RELIGARE)
Religare Enterprises Limited share price moved Down by -0.65%. RELIGARE share price short term trend is Down. It suggests that RELIGARE Share Price for Tomorrow remains the same with VWAP at 247.07 will be treated as stop loss for intraday traders. Religare Enterprises Limited Long term investors can follow the RELIGARE long term trend as mentiond in future forecast table.
NSE Code |
NSE: RELIGARE |
RELIGARE Share Price Today |
247.17 |
RELIGARE Share Price Target Prediction for 2024 ^ |
211.4 - 264.8 |
RELIGARE Share Price Target Prediction for 2025*^ |
264.8 - 275.4 |
RELIGARE Share Price Target Prediction for 2026*^ |
275.4 - 289.2 |
RELIGARE Share Price Target Prediction for 2027*^ |
304 |
RELIGARE Share Price Target Prediction for 2028*^ |
307 |
RELIGARE Share Price Target Prediction for 2030*^ |
331 |
RELIGARE Current Book Value 2023 |
64 |
*Religare Enterprises Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^RELIGARE 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.
RELIGARE Technical Analysis
Candlestick Pattern: @245.24MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 245.91 | SELL | 245.63 | SELL |
MA_12 | 249.08 | SELL | 249.65 | SELL |
MA_20 | 252.2 | SELL | 253.08 | SELL |
MA_32 | 262.5 | SELL | 257.69 | SELL |
MA_50 | 268.59 | SELL | 259.4 | SELL |
MA_100 | 260.93 | SELL | 256.95 | SELL |
MA_200 | 241.27 | BUY | 244.18 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 252.2 | Downtrend |
MACD | -0.31 | SELL |
ADX | 34.83 | Strong Trend |
DMI (+/-) | 9.08 / 26.88 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 40.31 | Neutral |
STOCHASTIC_K (Fast) | 33.66 | Neutral |
STOCHASTIC_D (Slow) | 19.02 | Oversold |
CCI | -122.95 | SELL |
PSAR | 252.37 | SELL |
TRUE RANGE | 7.63 | Neutral |
ATR | 8.4 | Neutral |
WILLIAMS R | -71.38 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 85.72 | Overbought |
STOCHASTIC RSI D | 28.57 | Neutral |
MOMENTUM | -31.01 | SELL |
Duration | Value |
---|---|
1 Year | 9.38% |
3 Months | 2.27% |
1 Month | -11.23% |
1 Week | -2.88% |
Action | Overall (%) |
---|---|
BUY | 13% |
NEUTRAL / HOLD | 23% |
SELL | 63% |
Most popular Questions & Answers about RELIGARE
Religare Enterprises Limited stock last traded price is 247.17. RELIGARE share price moved Down by -0.65% from its previous close of Rs 248.78.
Religare Enterprises Limited share price trend is Down with a total of 493933 stocks traded till now. It has touched an intraday high of Rs 300.576 and an intraday low of Rs 245. The RELIGARE trading at 247.17, Down by Rs. -1.61, or -0.65 percent which suggests that most of the Traders are anticipating that the price of RELIGARE share should go Down and the Stop Loss will be around 247.07.
The market cap of Religare Enterprises Limited is ₹3909.8 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Religare Enterprises Limited as of Nov 22, 2024 is 35.76.
The current price to book ratio for Religare Enterprises Limited as of Nov 22, 2024 is 3.84.
The highest price of Religare Enterprises Limited stock is ₹297.6 in the last 52-week.
The lowest price of Religare Enterprises Limited stock is ₹201.6 in the last 52-week.
Religare Enterprises Limited share trading at ₹247.17, Down by Rs. -1.61, or -0.65 percent which suggests that most of the traders are anticipating that the price of RELIGARE share should go Down.
In 2023, Stock price target for Religare Enterprises Limited (RELIGARE) are ₹211.4 on downside and ₹264.8 on upside. Religare Enterprises Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Religare Enterprises Limited (RELIGARE) are ₹264.8 on downside and ₹275.4 on upside. Religare Enterprises Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Religare Enterprises Limited (RELIGARE) are ₹275.4 on downside and ₹289.2 on upside. Religare Enterprises 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 Religare Enterprises Limited (RELIGARE) will be around ₹307 Religare Enterprises Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of RELIGARE.
The price of Religare Enterprises Limited (RELIGARE) shares moved by -0.65%. The short-term trend for RELIGARE share price is Down. It implies that the share price of RELIGARE will stay the same tomorrow and that intraday traders should treat VWAP at 247.07 as a stop loss. Investors with a long-term outlook can track RELIGARE long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of RELIGARE stock is Unavailable at this moment. Compared to the current market price of 247.17 INR, the RELIGARE stock is unpredictable by lack of Insufficient data.
As per the fundamental analysis of Religare Enterprises Limited (RELIGARE), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Religare Enterprises Limited book value per share as of today is 64.3. The current price to book ratio for RELIGARE as of Nov 23, 2024 is 3.84.
NSE:RELIGARE News & Other Useful Information about RELIGARE Share Price
Peer Comparison of NSE: RELIGARE
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Finance - Investments
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