Reliance Power Share Price Target 2023, 2024, 2025, 2027, 2030 to 2050
Today, we’re going on a journey to explore Reliance Power Share Price Target for 2023 to 2050. We’ll use our knowledge and the company’s growth prospects to make an estimate, as the performance over the years has made many curious about whether Reliance Power is a wise investment for the long term. Additionally, we’ll also consider analyst recommendations from various brokerage firms.
As an investor or a beginner interested in Reliance Power, it is essential to understand the potential of Reliance Power’s share price target. We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Reliance Power Share price target for 2023, 2024, 2025, 2027, 2030 to 2050.
Overview of Reliance Power
| Name | Reliance Power |
|---|---|
| Type | Public |
| Exchange | BSE: 532939 NSE: RPOWER |
| Industry | Electric utility |
| Founded | 17 January 1995 |
| Founder | Dhirubhai Ambani |
| Headquarters | DAKC, Navi Mumbai, India |
| Leadership | Anil Ambani (Chairman) Raja Gopal Krotthapalli (CEO) |
| Employees | 1300+ |
| Website | Reliancepower.co.in |
| Profile | Reliance_Power |
Reliance Power Limited is a public company that operates in the electric utility industry. The company was founded on 17th January 1995, making it 28 years old, and was founded by Dhirubhai Ambani. The headquarters of Reliance Power is located in DAKC, Navi Mumbai, India.
Anil Ambani, the chairman of the company, leads a team of over 1300 employees (as of 2021). The company offers a range of products and services, including electrical power and natural gas, as well as electricity generation and distribution, and natural gas exploration, production, transportation and distribution.
Reliance Power is traded on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the symbols 532939 and RPOWER, respectively. The company is a part of the Reliance Anil Dhirubhai Ambani Group, a conglomerate with a diverse range of businesses in India and around the world.
Under the leadership of CEO, Raja Gopal Krotthapalli, Reliance Power is dedicated to providing reliable and sustainable energy solutions to its customers. The company’s mission is to contribute to the development of India’s energy sector by leveraging its expertise, resources, and technology.
Keep an eye on Reliance Power’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Reliance Power’s share price.
Reliance Power Limited is an Indian private-sector power generation and coal resources company. The company’s shares have undergone significant fluctuations in the past few years.
In 2008, the company’s share prices saw a significant decline from ₹263.75 on March 1st to ₹136.65 on June 1st. Despite slight recoveries in July and August, the share prices continued to decline and reached a low of ₹102.40 on October 1st. However, the company’s share prices gradually increased in the following months and reached ₹180.90 on May 1st, 2009.
Over the next few years, the company’s share prices remained relatively stable, with fluctuations between ₹100 to ₹200. However, in 2014 and 2015, the share prices experienced a significant decline, reaching a low of ₹26.50 on January 1st, 2019. The share prices remained low for the next few months, but gradually increased in 2020 and 2021, reaching a high of ₹15.00 on June 1st, 2021.
In recent months, the company’s share prices have been relatively stable, fluctuating between ₹13.00 to ₹15.00. The company’s shares have been affected by the overall performance of the stock market and the Indian economy, as well as the company’s own financial and operational performance.
Fundamentals of Reliance Power
As of May 10, 2023, the fundamental analysis of Reliance Power Limited focuses on key factors to better understand the company’s valuation. Various valuation techniques have been used, including the Price-to-Earnings Ratio (P/E), Price-to-Sales Ratio (P/S), Price-to-Book Value Ratio (P/B), and Dividend Yield.
| Metric | Standalone | Consolidate |
|---|---|---|
| MARKET CAP | ₹ 4,444.90 Cr. | ₹ 4,444.90 Cr. |
| ENTERPRISE VALUE | ₹ 10,614.35 Cr. | ₹ 26,913.59 Cr. |
| NO. OF SHARES | 373.52 Cr. | 373.52 Cr. |
| P/E | 6.79 | 0 |
| P/B | 0.51 | 0.39 |
| FACE VALUE | ₹ 10 | ₹ 10 |
| DIV. YIELD | 0 % | 0 % |
| BOOK VALUE (TTM) | ₹ 23.52 | ₹ 30.83 |
| CASH | ₹ 6.86 Cr. | ₹ 645.36 Cr. |
| DEBT | ₹ 6,176.31 Cr. | ₹ 23,114.05 Cr. |
| PROMOTER HOLDING | 24.99 % | 24.99 % |
| EPS (TTM) | ₹ 1.75 | ₹ -1.26 |
| SALES GROWTH | 7.22% | -5.43% |
| ROE | -3.10 % | -4.61 % |
| ROCE | 0.88% | 4.98% |
| PROFIT GROWTH | -601.12 % | -232.32 % |
The most useful metrics for a fundamental analysis of a company may vary depending on the specific company and industry, as well as the goals and investment strategy of the analyst. here are some additional metrics that can be useful in fundamental analysis.
Reliance Power Income Results
Reliance Power releases its financial performance information to the public in the form of an income statement. Understanding the income statement is essential for investors, analysts, and financial professionals who want to make informed decisions about investing in Reliance Power or analyzing the company’s performance.
| PARTICULARS | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue | 8,201 | 7,562 | 7,934 | 7,503 | 7,543 |
| Expenses | 8,144 | 9,380 | 5,298 | 5,859 | 5,654 |
| EBITDA | 57.14 | -1,818 | 2,636 | 1,644 | 1,889 |
| EBIT | -781.11 | -2,654 | 1,552 | 566.78 | 856.38 |
| Profit Before Tax | -2,896 | -4,232 | 412.17 | -879.49 | -297.45 |
| Net Profit | -2,952 | -4,077 | 228.63 | -964.00 | -470.77 |
| Operating Profit Margin | 0.70% | -24.04% | 33.22% | 21.91% | 25.05% |
| Net Profit Margin | -35.99% | -53.91% | 2.88% | -12.85% | -6.24% |
| Earning Per Share | -2.99 | -5.19 | 0.71 | -3.01 | -3.19 |
| Dividends Per Share | NA | NA | NA | NA | NA |
Reliance Power Competitors
Reliance Power Limited is an Indian private-sector power generation and coal resources company. Some of its competitors include:
| Name | Market Cap. (Rs. cr.) |
| Power Grid Corp | 172,747.09 |
| NTPC | 171,679.47 |
| Adani Trans | 99,351.36 |
| Adani Power | 91,872.29 |
| Tata Power | 65,232.86 |
| NHPC | 44,650.18 |
| JSW Energy | 43,559.24 |
| Torrent Power | 25,849.97 |
| SJVN | 14,442.00 |
| IEX | 14,427.59 |
| NLC India | 11,529.88 |
| IndiGrid InvIT | 9,843.13 |
| CESC | 9,166.32 |
| Sterling Wilson | 5,614.92 |
| Reliance Infra | 5,234.64 |
| Reliance Power | 4,444.90 |
- Promoters— 24.99%
- Retail And Others— 64.49%
- Foreign Institutions— 7.35%
- Mutual Funds— 0.11%
- Other Domestic Institutions— 3.06%
An effective method for evaluating the Reliance Power share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
These organizations frequently offer comprehensive assessments of the company’s financial performance, future prospects, and industry trends, accompanied by recommendations and target prices.
| DATE | AUTHOR | TARGET |
|---|---|---|
| 19 APR 2017 | Emkay | 59.00 |
| 17 APR 2017 | Emkay | 59.00 |
| 16 FEB 2015 | HDFC Securities | 49.00 |
- Ownership—Below
- Valuation—Fair
- Efficiency—Poor
- Financials—Weak
*It is just an analytical rating of the company and not investment advice.
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We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Reliance Power price target for 2023, 2024, 2025, 2027, 2030 to 2050, based on our knowledge and forecasting.
| Minimum Target: 15₹ |
| Maximum Target: 18₹ |
The immediate forecast for the year 2023 postulates a modest but positive uptick. This is attributable to the firm’s recent strides in renewable energy investment, a sector projected to burgeon in the upcoming years. The company’s potential for growth in this domain places it on a favorable pedestal for short-term investors.
| Minimum Target: 16₹ |
| Maximum Target: 20₹ |
The bullish trend is set to continue into 2024, bolstered by the company’s robust financial health and strategic foray into the burgeoning sector of renewable energy. The upper bound takes into account the possible positive ramifications of governmental incentives for companies in the green energy space.
| Minimum Target: 18₹ |
| Maximum Target: 22₹ |
The company’s focus on diversification, coupled with strong macroeconomic indicators and a growing demand for sustainable energy sources, augments the likelihood of a sustained bullish trend.
| Minimum Target: 20₹ |
| Maximum Target: 25₹ |
By 2026, the results of the firm’s strategic initiatives should start to materialize. The company’s investments in next-generation technologies and international partnerships could likely drive a considerable surge in the share price.
| Minimum Target: 22₹ |
| Maximum Target: 28₹ |
The company’s sustained growth is predicated upon successful execution of its business strategies, a favourable regulatory environment, and a continued global shift towards renewable energy
| Minimum Target: 30₹ |
| Maximum Target: 38₹ |
The long-term prospects for Reliance Power are buoyed by the growing demand for renewable energy and the company’s commitments to innovation and sustainable growth.
| Minimum Target: 50₹ |
| Maximum Target: 60₹ |
Over a longer timeline, the share price can potentially see significant growth, given the company’s strategic positioning and strong fundamentals. However, investors should be aware of the increased risk and uncertainty over such an extended period.
| Minimum Target: 70₹ |
| Maximum Target: 85₹ |
Looking decades into the future, the trajectory of Reliance Power’s share price is highly contingent on the company’s ability to navigate the evolving energy landscape and maintain a competitive edge. The targets for 2050 take into account the company’s long-term growth strategies and the expected global demand for clean energy.
It is important to note that stock prices are influenced by a variety of factors, including economic conditions, industry trends, company performance, and investor sentiment.
These factors can change rapidly and impact the stock price of Reliance Power and other companies. It is important to consult with a licensed financial advisor or conduct your own research before making any investment decisions
