Introduction: Reliance Power Ltd.
Reliance Power Ltd. is a well-known power generation and distribution private sector company in India. It’s under the umbrella of the Anil Ambani’s Reliance Group, one of legend market player in India.
The core business module of Reliance Power is to develops, constructs, and operates power projects both within India and internationally. Its power generation business module portfolio including Coal-based power plants, hydroelectric power plants and Solar and wind power projects.
Reliance Power is shifting its focus significantly towards renewable energy projects, as the global trends and India’s own shifting towards renewable energy sources.
Reliance Power Ltd. is a major power sector company in Indian power sector with a strong presence and installed capacity with a diverse portfolio of projects. Meanwhile the company also faces challenges, but it was one of the most preferred companies by the investors and market leaders in the past. That’s why its future performance will depend on overall performance ability to manage projects efficiently, overall debt management and focusing on adapting to the changing energy landscape.
Reliance Power Share Price Technical Data (As of August 28, 2024, 4:36 PM IST) Technical Indicators and Levels
Current Price: ₹31.29 (NSE)
NSE: RPOWER Trade Information (NSE)
- Traded Volume (Lakhs): 2,164.52
- Traded Value (₹ Cr.): 682.69
- Total Market Cap (₹ Cr.): 12,569.10
- Free Float Market Cap (₹ Cr.): 8,672.68
- Impact cost: 1.01
- % of Deliverable / Traded Quantity : 44.33 %
- Applicable Margin Rate : 26.67
- Face Value: 10
NSE: RPOWER Price Information (NSE)
- 52 Week High (23-Aug-2024) : 38.11
- 52 Week Low (26-Oct-2023): 15.55
- Upper Band: 32.66
- Lower Band: 29.55
- Price Band: 5
- Daily Volatility : 3.48
- Annualised Volatility: 66.49
- Tick Size: 0.01
Reliance Power Ltd. Financial Results (as of August 28, 2024):
Reliance Power’s financial performance: Highlights from Q1 FY25 (April-June 2024):
- Revenue at ₹20,691.8 million: RPower revenue increased compared to the same quarter last year
- Net Loss at ₹978.5 million: RPower Net Loss decreased compared to the same quarter last year, indicating improvement
- Basic Loss Per Share at ₹0.245: RPower Basic Loss Per Share decreased compared to the same quarter last year
Overall Financial Outcomes (OFO):
While facing challenges, Reliance Power has demonstrated some revenue growth in recent quarters, primarily driven by its operational power plants.
The company continues to report losses, mainly attributed to high interest costs and depreciation. However, the losses have been narrowing in recent quarters, which is a positive sign.
Reliance Power has a significant debt burden, which impacts its financial health and profitability. Addressing this debt remains a key challenge.
The company’s recent financial results indicate some improvements in its performance, with reduced losses and increased revenue.
Reliance Power is actively working towards reducing its debt burden through various measures, which is crucial for its long-term financial stability.
The company’s increasing focus on renewable energy projects could lead to improved financial performance in the long run, as this sector is expected to witness substantial growth in India.
Reliance Power Ltd. Share Holding Pattern:
- The Promoter and Promoter Group has arround 23.24% of Shares that is total nearby at 93,34,75,345 Shares.
- The Public shareholding has around 76.76% of Shares that is total nearby at 3,08,34,95,621Shares.
Reliance Power Ltd in News Recently:
As of August 28, 2024, Reliance Power Ltd. has been in the news recently due to the following reasons:
SEBI Ban on Anil Ambani: The Securities and Exchange Board of India (SEBI) recently barred Anil Ambani and 24 other entities from the securities market for alleged fraudulent activities related to Reliance Home Finance. This news has negatively impacted the share prices of several ADAG group companies, including Reliance Power. The Reliance Power Clarification: Reliance Power has clarified that the SEBI order pertains to Reliance Home Finance and does not directly impact its operations. The company also stated that it is committed to good corporate governance and compliance with all regulations.
Share Price Volatility: RPOWER’s share price has witnessed significant volatility in recent days. After hitting a 52-week high, the stock has seen a sharp decline, hitting lower circuits multiple times. However, it also saw a rebound today, snapping a three-day losing streak following a large trade.
Overall we can say that the above news about the SEBI ban on Anil Ambani has created negative sentiment around ADAG group companies, including Reliance Power. The main reason is the face value. The Reliance Power share price has been volatile due to the news, but it has shown some signs of recovery recently. That because the company’s clarification and recent share price rebound offer some hope for investors.
Reliance Power Share Price Target & Performance
Reliance Power Share Price Performance 2024
The Year-to-Date (YTD) shows significant increase, As of August 28, 2024 around 80-90% with 52-Week High at Rs. 33.50 and Low is at Rs. 15.45. The stock has faced a high volatility in the past few weeks due to news related to the SEBI ban on Anil Ambani and other factors.
Reliance Power Share Price Target for 2024-2025
The RPower Share Price Target based on the various factors and human generated analysis of Average 1 Year 2024-2025 Price Target is at ₹65.14. This predicts a potential upside of approx. 100% growth or earnings from the current price levels.
Relaince Power Share Price Range for 2030
As par the positive and negative factors and the current market scenario as the market segment and the right now position of Reliance Power the share price target for 2030 could be between ₹145-155 while assuming successful debt reduction, proper growth in renewables, and market segment in favorable conditions of the company.
Reliance Power Share Price Target 2024 to 2030
| Reliance Power Share Price Target | Target Price |
|---|---|
| Reliance Power Share Price Target 2024 | Rs. 45.00 |
| Reliance Power Share Price Target 2025 | Rs. 65.50 |
| Reliance Power Share Price Target 2026 | Rs. 85.20 |
| Reliance Power Share Price Target 2027 | Rs. 116.50 |
| Reliance Power Share Price Target 2028 | Rs. 128.00 |
| Reliance Power Share Price Target 2029 | Rs. 137.80 |
| Reliance Power Share Price Target 2030 | Rs. 151.11 |
Factors Influencing RPower Share Price Target:
Debt Reduction: Analysts are closely watching the company’s efforts to reduce its debt burden. Successful deleveraging could improve its financial health and lead to positive revisions in price targets.
Project Execution: The timely and successful execution of ongoing and new power projects will be crucial for revenue growth and profitability, influencing future price targets.
Renewable Energy Focus: The company’s transition towards renewable energy sources is being viewed positively by analysts. Successful implementation of renewable energy projects could boost its valuation and lead to higher price targets.
Regulatory Environment: Any changes in government policies and regulations related to the power sector can impact the company’s prospects and analyst price targets.
Conclusion:
Overall, Reliance Power is at a considered high-risk, high-reward investment policy. The Share price value is prone to be at major price swings due to various factors, including market sentiment, news related to the company, and the broader economic environment.
Reliance Power Share Long-Term Perspective: Investors with a long-term investment horizon and a high-risk appetite might consider Reliance Power, given the potential upside based on analyst price targets and the company’s focus on renewable energy.
Disclaimer: Investing in stocks involves inherent risk. Do your own research before making any investment decisions. The article provided here is for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. Nothing contained here shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. The above article is solely for information and education purpose, investing stock market is risky and consult the authorized person for consulting before making any investments.
2 thoughts on “Reliance Power Share Price Target 2024 to 2030 – NSE: RPOWER”