Reliance Power Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

A careful examination of Reliance Power’s projected share price targets and the underlying fundamentals that will guide its path in the coming years is necessary. With conjectures reaching out from 2024 to 2030, financial backers are given a guide enlightened by expected achievements. The trajectory continues to climb, reaching a peak between 127 and 53 by 2030 and moving from a 2024 target of 29.22 to a projected 41.07 by year’s end. In the midst of these projections, a complete examination of quarterly outcomes and key pointers becomes fundamental.

Reliance Power Share Price Target 2024-2030

Power Reliance Ltd. With its significant presence in the power sector and the sponsorship of quite possibly of India’s biggest aggregate, Dependence Gathering, financial backers are quick to comprehend the direction of its portion costs before very long. Dependence is a power-age organization with various undertakings across various states in India like Delhi, etc. Dependence Power Ltd central command is situated in Navi Mumbai, Maharashtra and has more than 1,300 workers and was laid out in 1995 by Dhirubhai Ambani, the organizer behind Dependence Ventures one of India’s greatest finance manager.

Reliance Power Share Price Target Today Update

Reliance Power Limited (R Power) is essential for the Reliance Group, drove by the use of the utilization of Anil Dhirubhai Ambani. It is without a doubt regarded as one of the largest private sector power generation and coal property businesses in India. The business venture association has a various arrangement of solidarity obligations in severa levels of improvement toward India and focuses to offer dependable and considerably less costly energy to gas america’s increment. This article gives an in-force appraisal of Reliance Power’s rate charge cause from 2024 to 2030, pondering severa market elements, partnership strategies, and company propensities.

Reliance Power Latest News

• Reliance Power Share Price Today opened at Rs 26.00, against the RPOWER NSE past nearer at Rs 27.35 on Saturday’s stock trade.
• The RPOWER stock’s direction over the past five days of exchanging has been seeing a downslide from Rs 32 for every offer on April eighth, 2024.
• Reliance Power Limited has uncovered that the organization has finished the handover of its Vashpet’s Wind Power Project (45MW), Maharashtra to JSW Sustainable power Restricted.
• This news came into the spotlight on April twelfth’s filings of the R POWER Ltd trade filings.

Read More:-

Cochin Shipyard Share Price Target

NBCC Share Price Target

Background For Reliance Power Share Price

Reliance Power come to be remembered for 1995 as a piece of the Reliance Group. Coal, gas, hydro, and renewable power sources are utilized in the company’s various power plants. In spite of dealing with irritating circumstances inside the past, Reliance Power has persevered to consideration on developing its power innovation usefulness and enhancing its solidarity combination.

• Reliance Power Business Profile: The organization can produce around 5,945 MW, 5,760 MW for nuclear energy and another 185 MW for sustainable power. The business was unable to repay approximately 270 crore Indian rupees in loans and another 250 crore rupees in interest during the fiscal year 2023.
• Hydroelectric Power Projects: The organization is laying out various hydro-electric power projects with 3438 MW limit in Arunachal Pradesh, Himachal Pradesh and Uttarakhand. The development of these projects varies by stage.
• Samalkot Power Project: A memorandum of understanding (MOU) was signed by the company and the government of Bangladesh to construct a 3000 MW phased gas project. In this regard, Reliance Bangladesh LNG & Power Limited (subsidiary) has taken steps to sign a long-term PPA (Phase-1) for the supply of 718 MW (net) of power from a combined cycle gas-based power plant near Dhaka, Bangladesh.
• Issue & Conversion of Warrants: In Monetary Year 2023, the organization cleared VFSI Property Pte; Ltd and Rs21 crore warrants changed over into equivalent values estimated at 15.55 while the firm likewise conferre favored Rs 33 crore shares on Reliance Infrastructure Limited their primary partners in return for equivalent number of warrants.

Strategic Initiatives For Reliance Power Share Price

The company has actively participated in numerous strategic responsibilities aimed at increasing its capability and improving its operational standard of performance. These commitments encapsulate:

• Project Expansion: Growing new power commitments and working on contemporary ones.
• Diversification: Expanding notoriety on sustainable power resources, for example, sun oriented and wind power.
• Debt Reduction: Carrying out measures to reduce obligation and embellish money related dependability.
• Operational Efficiency: Enhancing operational efficiencies to diminish creation expenses and blast productivity.

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 Yield	0.00 %
ROCE	3.42 %
ROE	-11.8 %
Face Value	₹ 10.0
Debt to equity	1.60
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 percentage	0.00 %
FCF Prev Ann	₹ 3,417 Cr.
EVEBITDA	27.0
Industry PE	27.0
PEG Ratio
Piotroski score	4.00
Earnings yield	0.25 %

Quarterly Results

	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
sales	1,847	1,796	1,846	2,063	1,864	1,886	1,730	1,922	2,052	1,947
Expenses	1,051	967	1,664	1,249	1,296	1,223	1,889	1,301	1,320	2,310
Operating Profit	796	829	182	814	568	663	-159	621	732	-363
OPM %	43%	46%	10%	39%	30%	35%	-9%	32%	36%	-19%
Other Income	48	63	32	44	73	49	1,170	37	117	184
Interest	652	663	603	638	665	650	574	620	725	607
Depreciation	276	270	257	258	255	253	266	261	263	262
Profit before tax	-84	-41	-647	-39	-280	-192	171	-224	-138	-1,048
Tax %	6%	-35%	-1%	-162%	-12%	-28%	-50%	-32%	-72%	-8%
Net Profit	-79	-55	-651	-102	-313	-245	257	-296	-238	-1,137
EPS in Rs	-0.39	-0.29	-1.63	-0.47	-1.00	-0.80	0.86	-0.79	-0.64	-3.04

CAGR Report

	10 Years	5 Years	3 Years	TTM (Trailing Twelve Months)
Compounded Sales Growth	4%	-5%	0%	0%
Compounded Profit Growth				-125%
Stock Price CAGR	-9%	33%	62%	113%
Return on Equity (ROE)	2%	-3%	-6%	-12%

Read More:-

Ambuja Cement Share Price Target

Indian Overseas Bank Share Price Targe

Power Shareholding Pattern

	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	24.98%	25.00%	24.99%	24.99%	24.50%	24.50%	23.24%
FIIS	7.97%	7.83%	7.35%	7.34%	7.66%	8.37%	13.01%
DIIS	3.50%	3.27%	3.17%	3.17%	5.16%	5.19%	4.94%
Government	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.00%
Public	63.56%	63.88%	64.47%	64.49%	62.67%	61.95%	58.80%
No. of Shareholders	36,24,259	35,85,698	32,19,432	30,45,992	31,06,446	35,67,059	38,68,227

Reliance Power Share Price Target 2024-2030 Forecast

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

Read More:-

ZEEL Share Price Target

L&T Finance Share Price Target

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

Purchase Reliance Power Share Online

Typically, you will need to follow these steps in order to buy shares of Reliance Power online:

• Open a Demat Record: In the event that you don’t have one as of now, you want to open a Demat account with a financier firm. This record will hold your portions electronically.
• Select a Specialist: Pick a legitimate web-based financier stage that offers exchanging administrations for the financial exchange. Zerodha, Upstox, ICICI Direct, and HDFC Securities are a few well-known choices.
• Complete KYC: You’ll have to finish the Know Your Client (KYC) process. This typically entails providing proof of identity, proof of address, and other relevant documents in accordance with your chosen broker’s guidelines.
• Store Your Exchanging Record: Move assets to your exchanging account. Most agents permit you to do this through different strategies like bank moves, UPI, or charge/Visas.
• Access the online trading platform or app of your brokerage by logging in with your credentials.
• Look for Reliance Power (Image: RELPOWER): Utilize the inquiry highlight on the stage to find the Reliance Power stock.
• Most of the time, it trades under the stock symbol RELPOWER. Place an Order: Select either a limit order (which is only executed at a specified price) or a market order (which is executed at the current market price).
• Enter the desired number of shares to purchase.
• Check and Confirm: Check the price and quantities of your order. Confirm the order as soon as you are satisfied. Payment: If you placed a market order, the purchase will be carried out right away, and your trading account will be debited with the funds.
• On the off chance that it’s a breaking point request, it may be executed when the stock arrives at the predetermined cost.
• Monitor Your Investment: Through your brokerage account, monitor the performance of the stock to keep track of your investment. You can also set up alerts for news about the company or price changes.

Final Words

While our figures give important experiences into RPOWER’s expected direction, financial backers genuinely must activity mindfulness and lead intensive reasonable level of effort prior to settling on venture choices. Market elements are intrinsically capricious, and unanticipated occasions could impact stock execution. As a result, rather than being final predictions, these projections should be viewed as guidelines. We stretch out our all the best to financial backers setting out on their excursion with RPOWER, and energize judicious dynamic in view of informed examination and chance evaluation.