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HomeSHARE MARKET₹33 Company Share Became Rocket; 2800% Bumper Return; Do You Have This...

₹33 Company Share Became Rocket; 2800% Bumper Return; Do You Have This Share?

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Reliance Power Ltd (NSE: RPOWER): Today, in this post we’ll discuss about Reliance Power latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

Reliance Power shares remain a rocket. The shares of Anil Ambani’s firm Reliance Power rose to 32.60 on Friday. 

The Reliance Power shares have hit a new record in 52 weeks. Reliance Power shares are on the upper circuit for the third straight day. 

Since the 13th of March this calendar year Reliance Power shares have increased by 64 percent. 

However, the shares of the company have risen more than 2800 percent during the past 4 years. A 52-week low of Reliance Power shares is Rs 10.30.

Reliance Power Shares Rose 2858% In 4 Years

Reliance Power shares have seen an explosive rise over the past four years. The shares of the company were at the price of 1.13 as of the 27th of March 2020. 

The shares from Reliance Power reached Rs 33.43 on April 4, 2024. There’s been a massive leap of 2858 percent for Reliance Power’s shares during the past four years. 

If someone had purchased Reliance Power shares for Rs 1 lakh on the 27th of March 2020 and continued to invest and invest in the company, the value of the shares would be at 29.58 lakh.

Reliance Power Shares Rose 200% In Just One Year

Reliance Power shares have also experienced a significant increase in the past year. 

The company’s shares have increased by 200 percent over the last year. Its shares were valued at 10.79 in April 2023. 

The shares from Reliance Power reached Rs 33.43 on April 4, 2024. In the last six months, Reliance Power shares have increased by 79. 

Shares of Reliance Power have grown from 18.76 to 33 over the last six months. Reliance Power shares have jumped 43 percent over the past month. 

Recently it was revealed the fact that Reliance Power has paid the costs for the charges to ICICI Bank, Axis Bank along DBS Bank.

About Reliance Power Limited 

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

Market Cap₹ 12,725 Cr.
Current Price₹ 32.60
52-wk High₹ 33.35
52-wk Low₹ 10.30
Stock P/E
Book Value₹ 34.3
Dividend0.00 %
ROCE3.42 %
ROE-11.8 %
Face Value₹ 10.0
P/B Value0.97
OPM10.8 %
EPS₹ -3.61
Debt₹ 20,605 Cr.
Debt to Equity1.60

Reliance Power 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
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Reliance Power 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%
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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
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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 Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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