Reliance Power Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) RPower Fundamentals, Financial Trends and more
Hey Friends, I am Sachin, the writer of this website and I welcome you in today’s blog post. In today’s post we are going to do detailed analysis of Reliance Power Shares which is shortly called RPower.
After a lot of research, our team has collected information, after that we have brought this article for you. That’s why you must be seeing start in the top left of the post, if possible give 5 starts from that.
In this article we are gonna mainly talk about the Reliance Power Share Price Target 2023, 2024, 2025, 2026, 2030. Before that we will talk about th Reliance Power Share, after that we will see it’s fundamentals, financial trends and something more about this stock.
About Reliance Power
Reliance Power is energy sector stock which was established in 17 January 1995 by Dhirubhai Ambani. This company is headquartered in Mumbai, India. The parent organization of Reliance Power is Reliance Group and currently in this company, more than 1300 peoples are employed. RPower is involved in wind, coal, gas, hydro, and solar based energy projects. From this you can imagine how big this company is. But this company is still full of debt and it has also made a lot of loss.
Reliance power which was earlier doing its business in continuous loss. But now slowly its business seems to be going towards profit (But in 2022 this company made huge loss). Recently, the management seems to be taking many decisions regarding the company to grow it’s business. Because of which the investor’s trust is slowly increasing on the company. And on the same, the management of the Reliance Power is constantly trying to reduce its debt.
|Company||Reliance Power Limited|
|Founded||17 January 1995|
|Controller||Anil Ambani (Chairman), Raja Gopal Krotthapalli (CEO)|
|Listed on||NSE & BSE|
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Financial Trends of Reliance Power
If we talk about the Revenue and Profit of Reliance Power Company then –
Its revenue in 2019 has been ₹ 8,201 Cr and profit is ₹ -2,952 Cr. There was a revenue of ₹ 7,562 Cr in 2020 and a profit of ₹ -4,077 Cr. In the same 2021, there was a profit of ₹ 229 crore with a revenue of ₹ 7,934 Cr. And this year i.e. in 2022 there has been a profit of ₹ -606 Cr with a revenue of ₹ 7,503 Cr.
Reliance Power Share Price Target table list
|Year||Reliance Power Share Price Target|
|2023||₹22 – ₹24|
|Reliance Power Share Price Target 2024||₹27 – ₹32|
|Reliance Power Share Price Target 2025||₹44 – ₹49|
|Reliance Power Share Price Target 2026||₹64 – ₹70|
|Reliance Power Share Price Target 2027||₹85 – ₹95|
|Reliance Power Share Price Target 2028||₹105 – ₹115|
|Reliance Power Share Price Target 2029||₹130 – ₹138|
|Reliance Power Share Price Target 2030||₹170 – ₹189|
For more details about the Reliance Power share, watch this video –
Reliance Power Share Price Target 2023
The management of the RPower seems to be trying its best to reduce its debt. Considering this, it can definitely be said that there can be a boom in its stock in the upcoming years. Talking about the Reliance power share target 2023, INR 22 is going to be the first target. As soon as the company touch this target, we will get to see second target of INR 24.
Reliance Power Share Price Target 2024
The company seems to be updating its business towards Renewable Energy. Because as we know that the renewable energy sector can see huge growth in the future. For this, Reliance Power was seen entering into several agreements with the government to sell renewable energy. When it starts being used gradually, tremendous growth is going to be seen in the business of RPower.Now, talking about Reliance Power Share Price Target 2024, the first and second target we can get to see is of INR 27 and INR 32 respectively
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Reliance Power Share Price Target 2025
The government is also making a lot schemes to make this renewable sector better. Because of which the company associated with renewable energy will be seen getting maximum benefits in the upcoming years. Whether it’s financial performance of RPower is not yet seen as good. If the company is successful in improving it’s fundamentals and financial as soon as possible, then it’s stock will boom in future. Keeping this in mind, if we try to get Reliance Power Share Price Target 2025, then we can see the first target of INR 44. And if this stock hits this target then we can get to see second target of INR 49.
Reliance Power Share Price Target 2030
The demand of Reliance Power Share in India is increasing day by day, which will increase even further. Anil Ambani is also working very smartly to grow Reliance Power. Talking about the Reliance Power Share Price Target 2030, first target can be INR 170 and if this target is hit by the stock then we get to see second target of INR 189. This company is good, only proper attention is needed to grow the company. And the management of the company is also doing this, as it is taking new steps to expand the business.
The target price that is being told on the basis of technical analysis and its technical time keeps on changing from time to time. That’s why this price target is not accurate, if you invest in it, do it on the basis of your research and never invest due to greed.
I have written this article i.e. Reliance Power Share Price Target 2023, 2024, 2025, 2026, 2030 on the request of you people only, so if you also want to know about any other share, then you can comment. We will definitely discuss about that in the upcoming article. If you have any questions regarding this than you can we will definitely try to reply you best.
What will be the share price of Reliance Power in 2025?
According to our predicted Price, if the company improve its fundamentals and financial then we can get to see share price of Reliance Power in 2025 of INR 44 to INR 49.
Is Reliance Power is good for long term?
It is difficult to say that this stock is good or not good for long term. It is good for long term as its management are improving the financial of religion power. But on contrary, now the fundamentals of the share is not good at all.
Who is the chairman of Reliance Power?
Anil Ambani is the chairman of Reliance Power.
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