Reliance Power Share Price Target 2024, 2025, 2030, 2040, 2050
This company make electricity in different ways all over India. One of their big projects is the Sasan Ultra Mega Power Project in Madhya Pradesh. It’s meant to make a lot of electricity to help when there’s not enough.
What is Reliance Power Ltd NSE: RPOWER?
Anil Dhirubhai Ambani owns Reliance Power Limited. This Company operates multiple sectors like financial services, media, entertainment, telecommunications, power projects, and infrastructure. It constructs, develops and operates power projects domestically as well as internationally.
The company also includes ultra mega power projects. Reliance Power is working on several projects. Three projects will use coal from their mines and other sources in India. They are also working on one project that will use gas.
Reliance Power share price Today
One of their big projects is the Sasan Ultra Mega Power Project in Madhya Pradesh, which will generate 3,960 megawatts of electricity. These Ultra Mega Power Projects are important because the Indian government is teaming up with power companies to build projects like these to help with the country’s shortage of electricity.
Reliance Power share price today Target 2024
if we go through the performance of it in the stock market then it’s not done very well in the market. Its share price has gone very low. This is because the company was at a loss. But if we look at its price over the past 2 years, we can see it slowly rising. The price is getting high. This is all due to some big changes in the company which the result is positive. In 2024 the price is in the seesaw so we have analyzed and provided you the price range of the year.
| Year | Minimum Price | Maximum Price |
| 2024 | 20 | 39 |
Reliance Power share price Target 2025
In India, the need for electricity keeps growing every year, and it’s expected to keep rising in the future too. Anil Ambani, focusing on this opportunity, is giving a lot of attention to Reliance Power. The management is working hard to lower the company’s debts.
They believe that as the demand for electricity increases, the company’s sales and profits will also grow. This will help them gradually reduce their debts. With lower debts, they’ll pay less interest and be able to grow their business faster.
| Year | Minimum Price | Maximum Price |
| 2025 | 40 | 52 |
Reliance Power share price Target 2030
There is huge power to growth in the long run if we consider the power sector. Because this is the modern day, technology is at its peak and people’s electricity has become part of their life. So in the coming year, power consumption will rapidly rise. To take advantage of the increasing demand for power in the Reliance Power market and the new schemes of the government, the company is seen working very fast on increasing power production.
| Year | Minimum Price | Maximum Price |
| 2030 | 79 | 93 |
Reliance Power share price Target 2040
In the long run, Reliance Power Ltd is expected to experience different trends, some going up and some going down. We think that in 2040, Reliance Power Ltd will likely grow a lot and keep growing steadily. It might even reach higher levels than before and set new records. As we look to 2040, the market could push Reliance Power Ltd to do even better than people expect, hitting a big target by the end of the year.
| Year | Minimum Price | Maximum Price |
| 2040 | 190 | 240 |
Reliance Power share price Target 2050
As we know most of the electricity is produced by coal which produces too much pollution for the environment. So by taking care of it, Reliance focuses on renewable energy to generate eco-friendly electricity. This change will of course impact its price in the long term too. And still, the company is clearing its debt. So in the long term, the company probably could go to its opening price.
| Year | Minimum Price | Maximum Price |
| 2050 | 400 | 680 |
| 2040 | 190 | 240 |
| 2030 | 79 | 93 |
| 2025 | 40 | 52 |
| 2024 | 20 | 39 |
Should I buy Reliance Power stock?
At the time when its IPO launched, the share price gradually kept a downtrend for a long time. But from the previous 2 years, you can see from its performance in the chart the price is in an uptrend. Also, the company is making many changes and taking the necessary steps to improve its performance. So from our analyses of this stock, you can buy for the long term as the company clears its debt too and focuses on more services for the future.
Reliance Power Ltd earning results
Quarterly – Reliance Power Q4 Results
*All figures in crores except per share values
| Fiscal Period | Mar 23 | Dec 22 | QoQ Comp |
| Total Revenue | 1,729.84 | 1,886.05 | -8.28% |
| Selling/ General/ Admin Expenses Total | 1,065.50 | 269.47 | 295.41% |
| Depreciation/ Amortization | 265.61 | 253.43 | 4.81% |
| Total Operating Expense | 1,117.72 | 1,476.73 | -24.31% |
| Operating Income | 612.12 | 409.32 | 49.55% |
| Net Income Before Taxes | 164.43 | -190.04 | 0.00% |
| Net Income | 321.79 | -291.54 | 0.00% |
| Diluted Normalized EPS | -0.97 | -0.85 | 13.41% |
Expert forecasts on the future of Reliance Power Ltd.
According to the researchers, you can buy this share as It is available at a very cheap price. Also, the company is clearing all its debt and focusing on providing more and more services related to its field. The company also took steps to produce electricity from the renewable resource which will impact it very much.
Is Reliance Power stock good to buy? (Bull Case & Bear Case)
Bull Case:
- Green Energy Trend: Reliance Power is getting into renewable energy like solar and wind power, which is good because more people want clean energy to fight climate change.
- Mixing It Up: By having different kinds of energy projects, it’s spreading out the risk and making its earnings more stable.
- Government Support: The government is pushing for more renewable energy, which could mean Reliance Power gets help or approvals for its projects, giving it a boost.
- Big Company Backup: Since Reliance Power is part of a big group, it has the support and money from that group, which helps it grow and stay strong.
- Growing Demand: As India grows, it needs more electricity. Reliance Power already has stuff in place to make electricity, so it could benefit from this need.
Bear Case:
- Rules Changing: The government can make new rules that hurt how Reliance Power works, which could hurt its profits.
- Too Much Debt: Reliance Power owes a lot of money, which could be a problem because paying back debt can eat into its profits and make it hard to grow.
- Tough Competition: There are a lot of other companies also making electricity, so Reliance Power has to fight hard to make money and might not always win.
- New Tech Threats: New inventions might make Reliance Power’s way of making electricity old-fashioned or too expensive, which could hurt its business.
- Project Problems: Building and running big energy projects can be hard and expensive.
Conclusion
In simple terms, buying Reliance Power stock has good and bad points. it has different kinds of energy projects and support from a big company, which makes it a bit safer. Also, with India requiring more electricity, there’s a chance for the company to grow. New rules or competition could hurt its business, and it owes a lot of money. Also, if things go wrong with its projects, it could lose money and trust from people. Make sure to do your homework before investing in it.
