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Religare Enterprises Limited
Share Price Target & Analysis

NSE:RELIGARE

219.87

VWAP

219.90

Open

219.15

Close

220.55

High

218.00

Low

280.60

52 Week High

219.65 ⇧
0.50 (0.23%)

RELIGARE

(FINANCIAL SERVICES)
48.7% Momentum

Turnaround Potential

161.75

52 Week Low

-

EPS

28.15

PE

3.37

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 219.65, 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 -. NSE:RELIGARE book value per share as of today is 65.09. The current price to book ratio for RELIGARE as of May 15, 2024 is 3.37.

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 43.23% is very crucial parameter which shows that 43.23% investors are anticipating that the price of RELIGARE share should go up with VWAP at 219.87.

Now, the main question is whether to BUY or SELL, NSE:RELIGARE at current valuation.
As per latest Analysis No. #2232:-

⇑ 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 (May 15, 2024)

(Religare Enterprises Limited Daily Analysis on the basis of RELIGARE Intraday Graph & Trend)

Religare Enterprises Limited share price moved Up by 0.23% from its previous close of Rs 219.15. RELIGARE stock last traded price is 219.65. RELIGARE share price trend is Up with a total of 1405933 stocks traded till now. It has touched an intraday high of Rs 220.55 and an intraday low of Rs 218.00. The RELIGARE trading at 219.65, Up by Rs. 0.50, or 0.23 percent which suggests that most of the Traders are anticipating that the price of RELIGARE share should go Up.

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 Up by 0.23%. RELIGARE share price short term trend is Up. It suggests that RELIGARE Share Price for Tomorrow remains the same with VWAP at 219.87 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

 219.65

RELIGARE Share Price Target Prediction for 2024 ^

 169.6 - 234.9

RELIGARE Share Price Target Prediction for 2025*^

 234.9 - 244.3

RELIGARE Share Price Target Prediction for 2026*^

 244.3 - 256.5

RELIGARE Share Price Target Prediction for 2027*^

 269

RELIGARE Share Price Target Prediction for 2028*^

 272

RELIGARE Share Price Target Prediction for 2030*^

 294
RELIGARE Current Book Value 2023
64.8

*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: @219.65

RELIGARE Moving Averages

BUY (7) NEUTRAL (0) SELL (7)
MA Simple Action S1 Expo Action E2
MA_5 216.98 BUY 217.99 BUY
MA_12 217.3 BUY 218.12 BUY
MA_20 218.94 BUY 218.93 BUY
MA_32 220.83 SELL 220.25 SELL
MA_50 221.41 SELL 221.26 SELL
MA_100 223.88 SELL 222 SELL
MA_200 224.39 SELL 215.19 BUY

RELIGARE Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 218.94 Uptrend
MACD 0.16 BUY
ADX 21.05 NO or Weak Trend
DMI (+/-) 15.6 / 22.18 Downtrend

RELIGARE Momentum Oscillators

BUY (4) NEUTRAL (6) SELL (2)
Momentum Oscillators Value Action
RSI 50.01 Neutral
STOCHASTIC_K (Fast) 93.95 Overbought
STOCHASTIC_D (Slow) 87.13 Overbought
CCI 49.97 Neutral
PSAR 222.27 SELL
TRUE RANGE 2.55 Neutral
ATR 5.17 Neutral
WILLIAMS R -41.9 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 100 Overbought
MOMENTUM -11.25 SELL

RELIGARE Last 1 Year Trend

Duration Value
1 Year 32%
3 Months -6.21%
1 Month -4.87%
1 Week 2%

RELIGARE Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 43%
NEUTRAL / HOLD 23%
SELL 33%

Most popular Questions & Answers about RELIGARE


Religare Enterprises Limited stock last traded price is 219.65. RELIGARE share price moved Up by 0.23% from its previous close of Rs 219.15.

Religare Enterprises Limited share price trend is Up with a total of 1405933 stocks traded till now. It has touched an intraday high of Rs 283.406 and an intraday low of Rs 218.00. The RELIGARE trading at 219.65, Up by Rs. 0.50, or 0.23 percent which suggests that most of the Traders are anticipating that the price of RELIGARE share should go Up and the Stop Loss will be around 219.87.

The market cap of Religare Enterprises Limited is ₹3909.8 (in Cr) as of May 14, 2024.

The current price to earning ratio for Religare Enterprises Limited as of May 14, 2024 is 28.15.

The current price to book ratio for Religare Enterprises Limited as of May 14, 2024 is 3.37.

The highest price of Religare Enterprises Limited stock is ₹280.60 in the last 52-week.

The lowest price of Religare Enterprises Limited stock is ₹161.75 in the last 52-week.

Religare Enterprises Limited share trading at ₹219.65, Up by Rs. 0.50, or 0.23 percent which suggests that most of the traders are anticipating that the price of RELIGARE share should go Up.

In 2023, Stock price target for Religare Enterprises Limited (RELIGARE) are ₹169.6 on downside and ₹234.9 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 ₹234.9 on downside and ₹244.3 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 ₹244.3 on downside and ₹256.5 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 ₹272 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.

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 65.09. The current price to book ratio for RELIGARE as of May 15, 2024 is 3.37.


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

Company Price EPS BV
BAJAJFINSV 1570.75 7.35 27.42
ARIHANTCAP 64.85 4.19 22.31
MONARCH 566.10 25.87 62.07
MUTHOOTFIN 1676.10 97.05 524.63
BAJAJHLDNG 8429.90 260.25 1667.82
DELPHIFX 209.65 15.2 185.75
HDFCAMC 3754.80 91.15 259.04
MFSL 1000.50 0 2
ABCAPITAL 220.20 2.75 39.53
L&TFH 158.45 5.44 53.64
Updated at: 15 May 2024 15:40

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