Reliance Power Share Price Target 2024-2030 Fundamentals & Quarterly Results

Reliance Power Share Price Target 2024 2025 2026 2027 2028 2029 2030 Fundamentals & Quarterly Results: Unlocking the potential of Reliance Power’s trajectory in the coming years necessitates a meticulous examination of its projected share price targets and the underlying fundamentals guiding its journey. With forecasts extending from 2024 to 2030, investors are presented with a roadmap illuminated by anticipated milestones. From an initial target of ₹29.22 in 2024 to a projected year-end target of ₹41.07, the trajectory continues its ascent, reaching a pinnacle between ₹127 and ₹53 by 2030. Amidst these projections, a comprehensive analysis of quarterly results and fundamental indicators becomes paramount, offering insight into the nuances shaping Reliance Power’s market presence and future prospects.

Reliance Power Share Price Target

In the dynamic world of stock markets, investors are constantly on the lookout for insights into the future performance of companies. One such entity that has garnered significant attention is Reliance Power Ltd. With its substantial presence in the power sector and the backing of one of India’s largest conglomerates, Reliance Group, investors are keen to understand the trajectory of its share prices in the coming years.

Reliance is a power-generation company with numerous projects across different states in India like Delhi and so on. For example, Dhirubhai Ambani Solar Park located in Rajasthan was constructed by Reliance Power. Reliance Power Ltd headquarters is based in Navi Mumbai, Maharashtra and has over 1,300 employees and was established in 1995 by Dhirubhai Ambani, the founder of Reliance Industries one of India’s biggest business person.Reliance Power Share Price Target

RPower Overview

The establishment of Reliance Power was aimed at developing, building and running power projects in India and abroad. Currently, it has a rich repertoire of power generation abilities. These are already functioning while others are under development, utilizing its diverse portfolio through its subsidiary companies.

Company NameReliance Power
Listed atNSE & BSE
Head OfficeReliance Centre, Ground Floor 19, Walchand Hirachand Marg, Ballard Estate, Mumbai 400 001
Board Of Directors
  • Ashok Kumar Pal CFO & Manager
  • Ashok Ramaswamy Independent Director
  • Chhaya Virani Independent Director
  • Manjari Ashok Kacker Independent Director
  • Punit Narendra Garg Director
  • Raja Gopal Krotthapalli Non Exe.Non Ind.Director
  • Ramandeep Kaur Co. Secretary & Compl. Officer
  • Sateesh Seth Chairman, Non Ind & Non Exe Director
  • Vijay Kumar Sharma Independent Director
Official Websitereliancepower.co.in

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Reliance Power Business Profile

The company can generate about 5,945 MW, 5,760 MW for thermal power and another 185 MW for renewable energy. During the financial year 2023, the company was not able to pay back approximately 270 crore Indian Rupees in loans plus another 250 crore rupees worth of interest.

Operational projects include 1200 MW ROSA project in Shahajahnapur, UP; 3960 MW UMPP at Sasan; 40 MW solar PV project in Dhursar, Rajasthan; 100 MW concentrated solar power project in Pokhran, Rajasthan; and 45 MW wind project in Vashpet, Maharashtra.

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Hydroelectric Power Projects

The company is establishing different hydro-electric power projects with 3438 MW capacity in Arunachal Pradesh, Himachal Pradesh and Uttarakhand. These projects are in different stages of development.

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Samalkot Power Project

The Company had an MOU with the Government of Bangladesh to construct a phased gas project for 3000 MW. In this connection, steps have been taken by Reliance Bangladesh LNG & Power Limited (subsidiary) to sign up long-term PPA for 718 MW (net) power supply from a combined cycle gas based power plant near Dhaka, Bangladesh (Phase-1).

On 2nd September 2019, the contracts of the project were signed. Additionally they have entered into an agreement with JERA Power International (Netherlands) – which is a subsidiary of JERA Co. Inc., Japan for a 49% stake in RBLPL.

Also Check JP Power Share Price Target

Issue & Conversion of Warrants

In Financial Year 2023, the company cleared VFSI Holdings Pte; Ltd and Rs21 crore warrants converted into equal equities priced at 15.55 while the firm also conferre preferred Rs 33 crore shares on Reliance Infrastructure Limited their main stakeholders in exchange for equal number of warrants.

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Reliance Power Fundamentals & Quarterly Results

Market Cap₹ 10,524 Cr.
Current Price₹ 26.2
High / Low₹ 34.4 / ₹ 11.0
Stock P/E
Book Value₹ 34.3
Dividend Yield0.00 %
ROCE3.42 %
ROE-11.8 %
Face Value₹ 10.0
Debt to equity1.60
Debt Capacity-0.68
Debt preceding year₹ 23,129 Cr.
Debt₹ 20,605 Cr.
Reserves₹ 9,016 Cr.
EPS₹ -3.61
EPS last year₹ -1.26
Pledged percentage0.00 %
FCF Prev Ann₹ 3,417 Cr.
EVEBITDA27.0
Industry PE27.0
PEG Ratio
Piotroski score4.00
Earnings yield0.25 %

Quarterly Results

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
sales1,8471,7961,8462,0631,8641,8861,7301,9222,0521,947
Expenses1,0519671,6641,2491,2961,2231,8891,3011,3202,310
Operating Profit796829182814568663-159621732-363
OPM %43%46%10%39%30%35%-9%32%36%-19%
Other Income4863324473491,17037117184
Interest652663603638665650574620725607
Depreciation276270257258255253266261263262
Profit before tax-84-41-647-39-280-192171-224-138-1,048
Tax %6%-35%-1%-162%-12%-28%-50%-32%-72%-8%
Net Profit-79-55-651-102-313-245257-296-238-1,137
EPS in Rs-0.39-0.29-1.63-0.47-1.00-0.800.86-0.79-0.64-3.04

CAGR Report

10 Years5 Years3 YearsTTM (Trailing Twelve Months)
Compounded Sales Growth4%-5%0%0%
Compounded Profit Growth-125%
Stock Price CAGR-9%33%62%113%
Return on Equity (ROE)2%-3%-6%-12%

RPower Shareholding Pattern

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters24.98%25.00%24.99%24.99%24.50%24.50%23.24%
FIIS7.97%7.83%7.35%7.34%7.66%8.37%13.01%
DIIS3.50%3.27%3.17%3.17%5.16%5.19%4.94%
Government0.01%0.01%0.01%0.01%0.01%0.01%0.00%
Public63.56%63.88%64.47%64.49%62.67%61.95%58.80%
No. of Shareholders36,24,25935,85,69832,19,43230,45,99231,06,44635,67,05938,68,227

Reliance Power Share Price Target 2024-2030 Forecast

Reliance Power Ltd, a prominent entity listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has been a subject of keen interest among investors. In this comprehensive article, we delve into the projected share price targets for RPOWER spanning from 2024 to 2030. Utilizing a blend of technical analysis, machine learning approaches, and market insights, we aim to provide a holistic view of the potential trajectory of RPOWER’s stock price over the next decade.

Year

Initial Target

Mid-Year Target

Year-End Target

2024

29.22

36.62

41.07

2025

42

41

50

2026

51

47

56

2027

57

53

62

2028

63

59

69

2029

70

66

81

2030

83

78

93

Reliance Power Share Price Target 2025

Month

Target

January

42

February

43

March

44

April

43

May

42

June

41

July

43

August

45

September

47

October

48

November

49

December

50

Reliance Power Share Price Target 2026

Month

Target

January

51

February

52

March

53

April

51

May

49

June

47

July

49

August

51

September

53

October

54

November

55

December

56

Reliance Power Share Price Target 2027

Month

Target

January

57

February

58

March

59

April

57

May

55

June

53

July

55

August

57

September

59

October

60

November

61

December

62

Reliance Power Share Price Target 2028

Month

Target

January

63

February

64

March

65

April

63

May

61

June

59

July

61

August

63

September

66

October

67

November

68

December

69

Reliance Power Share Price Target 2029

Month

Target

January

70

February

71

March

72

April

70

May

68

June

66

July

69

August

72

September

75

October

77

November

79

December

81

Reliance Power Share Price Target 2030

Month

Target

January

83

February

85

March

87

April

84

May

81

June

78

July

81

August

84

September

87

October

89

November

91

December

93

Official Website reliancepower.co.in

How to buy Reliance Power Share online?

To buy Reliance Power shares online, you’ll typically need to follow these steps:

  1. Open a Demat Account: If you don’t have one already, you need to open a Demat account with a brokerage firm. This account will hold your shares electronically.
  2. Select a Broker: Choose a reputable online brokerage platform that offers trading services for the stock market. Some popular options include Zerodha, Upstox, ICICI Direct, and HDFC Securities.
  3. Complete KYC: You’ll need to complete the Know Your Customer (KYC) process. This usually involves providing identity proof, address proof, and other relevant documents as per the guidelines of your chosen broker.
  4. Fund Your Trading Account: Transfer funds to your trading account. Most brokers allow you to do this through various methods like bank transfers, UPI, or debit/credit cards.
  5. Login to Your Broker’s Trading Platform: Access your brokerage’s online trading platform or app using your credentials.
  6. Search for Reliance Power (Symbol: RELPOWER): Use the search feature on the platform to find the Reliance Power stock. It’s usually listed under the stock symbol RELPOWER.
  7. Place an Order: Choose whether you want to place a market order (executed at the current market price) or a limit order (executed only at a specified price). Enter the quantity of shares you want to buy.
  8. Review and Confirm: Review your order details including the quantity and price. Once you’re satisfied, confirm the order.
  9. Payment: If you placed a market order, the purchase will be executed immediately, and funds will be deducted from your trading account. If it’s a limit order, it will only be executed when the stock reaches the specified price.
  10. Monitor Your Investment: Keep track of your investment by monitoring the stock’s performance through your brokerage account. You can also set up alerts for price movements or company news.

Remember, investing in the stock market involves risks, so make sure you’ve done your research and are comfortable with the investment before proceeding.

Conclusion

While our forecasts provide valuable insights into RPOWER’s potential trajectory, it’s imperative for investors to exercise caution and conduct thorough due diligence before making investment decisions. Market dynamics are inherently unpredictable, and unforeseen events could influence stock performance. As such, these projections should be viewed as guidelines rather than definitive predictions.

We extend our best wishes to investors embarking on their journey with RPOWER, and encourage prudent decision-making based on informed analysis and risk assessment. Remember, investing entails inherent risks, and seeking professional advice is advisable for tailored investment strategies.

FAQs

What is the Reliance Power Share Price Prediction 2025?

Reliance Power Share Price Target 2025 is between Rs 71 and Rs 27.

What is the Reliance Power Share Price Target 2030?

Reliance Power Share Price Target 2030 is predicted to remain between Rs 127 and Rs 53.

What is the NSE Reliance Power Share Price Target 2024?

Reliance Power Share Price Target 2024 is between Rs 45 and Rs 14.

What is the Reliance Power share price today?

Reliance Power share price Today Live Updates is available on groww, upstox.

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