back to top
HomeSHARE MARKET₹27 Anil Ambani Share Hit Back To Back 4 Days Upper Circuit;...

₹27 Anil Ambani Share Hit Back To Back 4 Days Upper Circuit; 2300% Return In Last 4 Years

Hot Stocks Alert Join

Reliance Power Limited (NSE – BE: RPOWER): There’s been a dramatic rise in shares of the company run by Anil Ambani, Reliance Power. The shares of Reliance Power rose by 5 percent to Rs 27.60 on the 26th of March. Reliance Power shares are on the upper circuit for the fourth time in a row. 

This rise in the shares of Reliance Power has come due to the repayment of loans from 3 banks and a deal with JSW Renewable Energy. Reliance Power shares have risen over 2300% in the past 4 years.

JSW Energy’s Unit Signs A Deal With Reliance Power

JSW Renewable Energy, a component within JSW Energy, has signed an agreement with Reliance Power. This agreement is for Reliance Power to purchase a 45 MW wind power project in Vaspet, Maharashtra. 

JSW Renewable Energy is buying this power project for Rs 132 crore. Apart from this, news came recently that Anil Ambani-owned company Reliance Power has settled the dues of ICICI Bank, Axis Bank, and DBS Bank. 

Additionally, the company hopes to become debt-free by the close of the financial year. Reliance Power shares have risen by more than 2300% within four years.

Reliance Power shares have seen an explosion of growth in the past 4 years. Reliance Power shares have risen 2340% over the past four years.

The shares of the company was trading at 1.13 rupees on the 27th of March, 2020. The shares of Reliance Power have reached Rs 27.58 on the 26th of March, 2024.

In the same way that, over the last year, stocks of Reliance Power have increased by more than 193%. The shares of the company were at Rs 9.40 on March 27, 2023, which reached Rs 27.58 on March 26, 2024. 

Reliance Power shares have risen by more than 2300% within four years. Reliance Power shares have seen an explosion of growth in the past 4 years.

About Reliance Power Limited Company 

Reliance Power Limited, together with its subsidiaries, participates in the production of electricity in India. The portfolio of power projects is built around gas, coal hydro, wind along with solar.

The company boasts the capacity to generate power in operation which is 416 GW. This company was founded in 1995.

It owns and operates the Sasan Super Mega Power station with 3960 milliwatts of power capacity located within Madhya Pradesh; a 1,200 MW Rosa power plant located in Uttar Pradesh.

Also, the Butibori power plant, which has a capacity of 600 milliwatts within Maharashtra; the Vashpet power plant with a capacity of 45MW within Maharashtra; Dhursar solar power plant which has a capacity of 40MW located in Rajasthan.

Solar CSP power plant that produces 100MW in Rajasthan & Krishnapatnam Ultra Mega Power project that has the capacity of 3,960 MW located in Andhra Pradesh.

Fundamental Analysis of Reliance Power Limited

Market Cap₹ 10,511 Cr.
Current Price₹ 27.60
52-wk High₹ 33.2
52-wk Low₹ 9.05
Stock P/E
Book Value₹ 34.3
Dividend0.00 %
ROCE3.42 %
ROE-11.8 %
Face Value₹ 10.0
P/B Value0.81
OPM10.8 %
EPS₹ -3.61
Debt₹ 20,605 Cr.
Debt to Equity1.60

Reliance Power Limited Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹35₹52
2025₹58₹87
2026₹100₹143
2027₹154₹165
2028₹176₹200
2029₹216₹254
2030₹287₹300
Hot Stocks Alert Join

Reliance Power Limited Shareholding Pattern

Promoters Holding
Mar 202324.99%
June 202324.99%
Sept 202324.50%
Dec 202324.50%
Mar 202423.24%
FII Holding
Mar 20237.35%
June 20237.34%
Sept 20237.66%
Dec 20238.37%
Mar 202413.16%
DII Holding
Mar 20233.17%
June 20233.17%
Sept 20235.16%
Dec 20235.19%
Mar 20244.94%
Hot Stocks Alert Join

Govt. Holding
Mar 20230.01%
June 20230.01%
Sept 20230.01%
Dec 20230.01%
Mar 20240.00%
Public Holding
Mar 202364.47%
June 202364.49%
Sept 202362.67%
Dec 202361.95%
Mar 202458.64%

Reliance Power Limited Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹8,201 Cr
2020₹7,562 Cr
2021₹7,934 Cr
2022₹7,503 Cr
2023₹7,650 Cr
Hot Stocks Alert Join

Last 5 Years’ Net Profit:

2019₹-2,952 Cr
2020₹-4,271 Cr
2021₹454 Cr
2022₹-915 Cr
2023₹-1,414 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20191.56
20202.04
20211.68
20221.85
20231.83

Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:
Current Year:-125%

Last 10 years’ Return on Equity (ROE):

10 Years:2%
5 Years:-3%
3 Years:-6%
Last Year:-12%

Sales Growth Over 10 Years:

10 Years:4%
5 Years:-5%
3 Years:0%
Current Year:0%

Conclusion

This article is a complete guide about Reliance Power Limited Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here