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HomeINVESTMENT₹22 Ambani Family Share Hit Upper Circuit After Huge Buying; Rapid Recovery...

₹22 Ambani Family Share Hit Upper Circuit After Huge Buying; Rapid Recovery In The Shares

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Reliance Power (NSE: RPOWER) share price: Last Friday, amid a sell-off on the markets, buyers dropped the share price of the company owned by Anil Ambani Reliance Power. 

On the week’s final trading day, the stock was trading at 22.10, an increase of 4.98 percent. On January 8, 2024, the share traded at 33.10. 

This was the 52-week high in the history of Reliance Power shares. The stock was trading at 9.05 in March 2023 which is an all-time low for 52 weeks. 

Reliance Power shares Reliance Power were at Rs 274.84 on May 23, 2008. Reliance Power shares fell by more than 99 percent, to 1.13 in March 2020. 

But, following this it has seen an immediate recovery in Reliance Power’s shares.

The Reason Behind The Increase

The reason for the increase in the cost of Reliance Power is a news that is related to the company. 

Reliance Power said that the company had signed an agreement in conjunction with ICICI Bank Limited (ICICI Bank) on the 14th of March. 

As a result, Reliance Infra, the promoter of Reliance Power Limited, has been appointed as the corporate guarantor of the facility. 

ICICI Bank holds 211 equity shares in Reliance Infra and 886 shares in Reliance Power.

Who Holds What Stake?

About the shareholding structure in December, the stake of promoters within Reliance Power was 24.49 percent. 

The public shares were 75.51 percent. We will tell the reader this: Anil Ambani is the promoter of the company.

He holds shares of 4,65,792 in Reliance Power. The promoter also holds Reliance Group company Reliance Infrastructure.

It owns 93,01,044,490 shares, which is 24.40 percent of Reliance Power. Anil Ambani’s partner Tina Ambani holds a total of 4,12,708 shares.

We’ll inform you that Reliance Power along with its affiliates is involved in the production of electricity in India. 

The company operates with a power production capability in the range of 416 GW. The company was founded in 1995.

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 Limited

Market Cap₹ 8,423 Cr.
Current Price₹ 22.10
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 Value0.64
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
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Reliance Power Limited Shareholding Pattern

Promoters Holding
Dec 202225.00%
Mar 202324.99%
June 202324.99%
Sept 202324.50%
Dec 202324.50%
FII Holding
Dec 20227.83%
Mar 20237.35%
June 20237.34%
Sept 20237.66%
Dec 20238.37%
DII Holding
Dec 20223.27%
Mar 20233.17%
June 20233.17%
Sept 20235.16%
Dec 20235.19%
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Govt. Holding
Dec 20220.01%
Mar 20230.01%
June 20230.01%
Sept 20230.01%
Dec 20230.01%
Public Holding
Dec 202263.88%
Mar 202364.47%
June 202364.49%
Sept 202362.67%
Dec 202361.95%

Reliance Power Limited Share: Last 5 Years’ Financial Condition

To gain a better understanding of 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%

Last 10 Years’ Sales Growth:

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

Conclusion

This article is a complete guide about Reliance Power Ltd 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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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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