NIFTY 23907.25 BANK 51135.40

Renaissance Global Limited
Share Price Target & Analysis

NSE:RGL

172.54

VWAP

172.6

Open

172.51

Close

175

High

169

Low

195.7

52 Week High

174.09 ⇧
1.58 (0.92%)

RGL

(METALS)
80% Momentum

Trending & Favourite

87.4

52 Week Low

3.42

EPS

80.53

PE

2.8

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: RGL Share Price Financial Analysis & Valuation

Renaissance Global Limited (RGL) is broadly categorized in METALS segment industry which deals in Diamond Cutting & Jewellery & Precious Metals vertical. It is one of Small Cap company with Market Capitalization of Rs 1804.2 (in Cr). Total number of free float shares are 1.9 (in Lacs). Renaissance Global Limited is listed on NSE with Exchange ID - INE722H01024 and trading code is NSE:RGL with short name Renaissance.

In the past 1 year, Renaissance Global Limited has declared an equity dividend of Rs 8.5 per share. At the current share price of RGL at Rs 174.09, this results in a dividend yield of 4.88 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:RGL, it is clearly understood that RGL is Economical performer in terms of earnings and profit margins with an EPS of 3.42. NSE:RGL book value per share as of today is 62.08. The current price to book ratio for RGL as of Nov 23, 2024 is 2.8.

Valuation of the Stock: The current valuation of RGL 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 RGL whether to BUY this stock at current valuation. The delivery percentage of RGL is 39.81% is very crucial parameter which shows that 39.81% investors are anticipating that the price of RGL share should go up with VWAP at 172.54.

Now, the main question is whether to BUY or SELL, NSE:RGL at current valuation.
As per latest Analysis No. #2172:-

⇑ STRONG BUY RGL if All Greens

⇗ BUY RGL (at Lower Levels) if any 2 Greens

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

⇘ SELL RGL if NO Green Indicator

NSE: RGL Share Price Today (Nov 23, 2024)

(Renaissance Global Limited Daily Analysis on the basis of RGL Intraday Graph & Trend)

Renaissance Global Limited share price moved Up by 0.92% from its previous close of Rs 172.51. RGL stock last traded price is 174.09. RGL share price trend is Up with a total of 577952 stocks traded till now. It has touched an intraday high of Rs 175 and an intraday low of Rs 169. The RGL trading at 174.09, Up by Rs. 1.58, or 0.92 percent which suggests that most of the Traders are anticipating that the price of RGL share should go Up.

NSE: RGL Share Price Tomorrow Prediction

(Renaissance Global Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of RGL)

Renaissance Global Limited share price moved Up by 0.92%. RGL share price short term trend is Up. It suggests that RGL Share Price for Tomorrow remains the same with VWAP at 172.54 will be treated as stop loss for intraday traders. Renaissance Global Limited Long term investors can follow the RGL long term trend as mentiond in future forecast table.

NSE Code

NSE: RGL

RGL Share Price Today

 174.09

RGL Share Price Target Prediction for 2024 ^

 136.3 - 196.7

RGL Share Price Target Prediction for 2025*^

 196.7 - 209.5

RGL Share Price Target Prediction for 2026*^

 209.5 - 224.2

RGL Share Price Target Prediction for 2027*^

 235

RGL Share Price Target Prediction for 2028*^

 242

RGL Share Price Target Prediction for 2030*^

 264
RGL Current Book Value 2023
61.8

*Renaissance Global Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^RGL 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.

RGL Technical Analysis

Candlestick Pattern: @176.77

RGL Moving Averages

BUY (9) NEUTRAL (0) SELL (5)
MA Simple Action S1 Expo Action E2
MA_5 180.27 SELL 179.46 SELL
MA_12 179.95 SELL 178.55 SELL
MA_20 177.99 SELL 174.45 BUY
MA_32 163.16 BUY 164.98 BUY
MA_50 151.98 BUY 155.65 BUY
MA_100 129.24 BUY 140.99 BUY
MA_200 119.2 BUY 124.68 BUY

RGL Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 177.99 Downtrend
MACD -2.08 SELL
ADX 22.08 NO or Weak Trend
DMI (+/-) 22.02 / 24.21 Downtrend

RGL Momentum Oscillators

BUY (2) NEUTRAL (7) SELL (3)
Momentum Oscillators Value Action
RSI 56.07 Neutral
STOCHASTIC_K (Fast) 20.4 Neutral
STOCHASTIC_D (Slow) 15.71 Oversold
CCI -34.55 Neutral
PSAR 168.79 BUY
TRUE RANGE 10.75 Neutral
ATR 9.91 Neutral
WILLIAMS R -48.91 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 7.02 Oversold
STOCHASTIC RSI D 3.14 Oversold
MOMENTUM 6.69 BUY

RGL Last 1 Year Trend

Duration Value
1 Year 69.4%
3 Months 86.13%
1 Month 3.93%
1 Week -8.39%

RGL Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 37%
NEUTRAL / HOLD 27%
SELL 37%

Most popular Questions & Answers about RGL


Renaissance Global Limited stock last traded price is 174.09. RGL share price moved Up by 0.92% from its previous close of Rs 172.51.

Renaissance Global Limited share price trend is Up with a total of 577952 stocks traded till now. It has touched an intraday high of Rs 197.657 and an intraday low of Rs 169. The RGL trading at 174.09, Up by Rs. 1.58, or 0.92 percent which suggests that most of the Traders are anticipating that the price of RGL share should go Up and the Stop Loss will be around 172.54.

The market cap of Renaissance Global Limited is ₹1804.2 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Renaissance Global Limited as of Nov 22, 2024 is 80.53.

The current price to book ratio for Renaissance Global Limited as of Nov 22, 2024 is 2.8.

The highest price of Renaissance Global Limited stock is ₹195.7 in the last 52-week.

The lowest price of Renaissance Global Limited stock is ₹87.4 in the last 52-week.

Renaissance Global Limited share trading at ₹174.09, Up by Rs. 1.58, or 0.92 percent which suggests that most of the traders are anticipating that the price of RGL share should go Up.

In 2023, Stock price target for Renaissance Global Limited (RGL) are ₹136.3 on downside and ₹196.7 on upside. Renaissance Global Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Renaissance Global Limited (RGL) are ₹196.7 on downside and ₹209.5 on upside. Renaissance Global Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Renaissance Global Limited (RGL) are ₹209.5 on downside and ₹224.2 on upside. Renaissance Global 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 Renaissance Global Limited (RGL) will be around ₹242 Renaissance Global Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of RGL.

The price of Renaissance Global Limited (RGL) shares moved by 0.92%. The short-term trend for RGL share price is Up. It implies that the share price of RGL will stay the same tomorrow and that intraday traders should treat VWAP at 172.54 as a stop loss. Investors with a long-term outlook can track RGL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of RGL stock is 41. Compared to the current market price of 174.09 INR, the RGL stock is Overvalued by 76.4%.

As per the fundamental analysis of Renaissance Global Limited (RGL), it is of Economical quality in terms of earnings and profit margins with an EPS of 3.42. Renaissance Global Limited book value per share as of today is 62.08. The current price to book ratio for RGL as of Nov 23, 2024 is 2.8.


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


Peer Comparison of NSE: RGL

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

Sector: Diamond Cutting & Jewellery & Precious Metals

Company Price EPS BV
RAJESHEXPO 234.15 0 170.52
GOLDIAM 317.15 6.78 26.46
RGL 174.09 3.42 62.08
PCJEWELLER 143.57 0.18 55.37
TBZ 226.25 9.76 91.11
KANANIIND 2.60 0 2.26
GOENKA 1.09 0 7.84
LYPSAGEMS 6.90 0.01 10.78
Updated at: 22 Nov 2024 15:46

Feel free to contact us, in case of any queries.

SITEMAP 1212
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 2229.90 46.25 (2.12%) | ADANIGREEN 1054.50 -91.20 (-7.96%) | ADANIPORTS 1138.00 23.35 (2.09%) | ADANITRANS 1010.05 -18.55 (-1.8%) | AMBUJACEM 502.60 18.45 (3.81%) | APOLLOHOSP 6902.00 159.50 (2.37%) | ASIANPAINT 2469.75 41.60 (1.71%) | ATGL 611.00 9.10 (1.51%) | AUROPHARMA 1223.00 3.00 (0.25%) | AXISBANK 1141.80 2.65 (0.23%) | BAJAJ-AUTO 9468.00 -37.00 (-0.39%) | BAJAJFINSV 1601.00 31.75 (2.02%) | BAJFINANCE 6720.00 254.35 (3.93%) | BALKRISIND 2763.60 41.65 (1.53%) | BANDHANBNK 170.14 4.28 (2.58%) | BANKBARODA 235.90 7.40 (3.24%) | BEL 280.85 5.40 (1.96%) | BERGEPAINT 477.60 12.10 (2.6%) | BHARTIARTL 1568.40 43.25 (2.84%) | BIOCON 331.60 8.50 (2.63%) | BOSCHLTD 34350.00 241.30 (0.71%) | BPCL 286.00 3.60 (1.27%) | BRITANNIA 4849.95 46.60 (0.97%) | CADILAHC 1100.00 -15.15 (-1.36%) | CIPLA 1485.25 19.75 (1.35%) | COALINDIA 414.10 8.10 (2%) | COLPAL 2718.00 27.70 (1.03%) | DABUR 513.25 7.50 (1.48%) | DIVISLAB 6000.00 22.90 (0.38%) | DLF 803.50 29.55 (3.82%) | DMART 3610.00 -12.90 (-0.36%) | DRREDDY 1214.00 18.65 (1.56%) | EICHERMOT 4980.50 98.40 (2.02%) | GAIL 192.80 4.50 (2.39%) | GLAND 1755.00 -32.00 (-1.79%) | GODREJCP 1190.00 11.30 (0.96%) | GRASIM 2591.00 56.15 (2.22%) | GUJGASLTD 461.65 8.05 (1.77%) | HAVELLS 1669.95 33.85 (2.07%) | HCLTECH 1897.10 60.75 (3.31%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 4220.00 5.90 (0.14%) | HDFCBANK 1742.10 0.90 (0.05%) | HDFCLIFE 685.35 10.95 (1.62%) | HEROMOTOCO 4788.00 20.15 (0.42%) | HINDALCO 652.00 3.95 (0.61%) | HINDUNILVR 2440.00 57.20 (2.4%) | HINDZINC 490.30 3.25 (0.67%) | ICICIBANK 1278.00 27.45 (2.2%) | ICICIGI 1835.10 30.40 (1.68%) | ICICIPRULI 689.35 10.80 (1.59%) | INDIGO 4145.00 75.20 (1.85%) | INDUSINDBK 998.65 17.20 (1.75%) | INDUSTOWER 330.20 1.10 (0.33%) | INFY 1889.20 55.15 (3.01%) | IOB 50.25 0.44 (0.88%) | IOC 132.90 2.19 (1.68%) | ITC 474.00 16.85 (3.69%) | JSWSTEEL 975.00 30.85 (3.27%) | KOTAKBANK 1761.80 24.70 (1.42%) | LT 3605.00 121.50 (3.49%) | LTI 6149.30 78.10 (1.29%) | LUPIN 2064.55 21.55 (1.05%) | M&M 3005.50 69.25 (2.36%) | MARICO 598.00 6.95 (1.18%) | MARUTI 11070.05 208.60 (1.92%) | MCDOWELL-N 1485.00 -14.35 (-0.96%) | MOTHERSUMI 187.83 -5.36 (-2.77%) | MUTHOOTFIN 1926.40 26.85 (1.41%) | NAUKRI 7990.00 474.65 (6.32%) | NESTLEIND 2242.50 31.30 (1.42%) | NMDC 220.80 3.17 (1.46%) | NTPC 364.70 8.55 (2.4%) | ONGC 245.45 3.30 (1.36%) | PEL 1082.75 27.80 (2.64%) | PIDILITIND 2967.45 29.40 (1%) | PIIND 4124.70 -14.00 (-0.34%) | PNB 99.99 3.62 (3.76%) | POWERGRID 336.00 10.10 (3.1%) | RELIANCE 1264.00 41.00 (3.35%) | SAIL 112.75 2.16 (1.95%) | SBICARD 680.65 5.60 (0.83%) | SBILIFE 1487.20 9.25 (0.63%) | SBIN 814.55 33.80 (4.33%) | SHREECEM 24814.00 761.15 (3.16%) | SIEMENS 6850.00 208.35 (3.14%) | SRF 2163.25 19.60 (0.91%) | SUNPHARMA 1805.60 25.60 (1.44%) | TATACONSUM 943.00 31.30 (3.43%) | TATAMOTORS 794.00 20.15 (2.6%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 142.55 2.33 (1.66%) | TCS 4221.95 149.10 (3.66%) | TECHM 1744.10 41.85 (2.46%) | TITAN 3302.00 123.55 (3.89%) | TORNTPHARM 3171.00 69.05 (2.23%) | ULTRACEMCO 11301.15 346.30 (3.16%) | UPL 565.50 9.75 (1.75%) | VEDL 445.40 2.60 (0.59%) | WIPRO 571.40 14.25 (2.56%) |