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

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 |
Dividend | 0.00 % |
ROCE | 3.42 % |
ROE | -11.8 % |
Face Value | ₹ 10.0 |
P/B Value | 0.64 |
OPM | 10.8 % |
EPS | ₹ -3.61 |
Debt | ₹ 20,605 Cr. |
Debt to Equity | 1.60 |
Year | 1st Target | 2nd Target |
2024 | ₹35 | ₹52 |
2025 | ₹58 | ₹87 |
2026 | ₹100 | ₹143 |
2027 | ₹154 | ₹165 |
2028 | ₹176 | ₹200 |
2029 | ₹216 | ₹254 |
2030 | ₹287 | ₹300 |
Promoters Holding | |
Dec 2022 | 25.00% |
Mar 2023 | 24.99% |
June 2023 | 24.99% |
Sept 2023 | 24.50% |
Dec 2023 | 24.50% |
FII Holding | |
Dec 2022 | 7.83% |
Mar 2023 | 7.35% |
June 2023 | 7.34% |
Sept 2023 | 7.66% |
Dec 2023 | 8.37% |
DII Holding | |
Dec 2022 | 3.27% |
Mar 2023 | 3.17% |
June 2023 | 3.17% |
Sept 2023 | 5.16% |
Dec 2023 | 5.19% |
Govt. Holding | |
Dec 2022 | 0.01% |
Mar 2023 | 0.01% |
June 2023 | 0.01% |
Sept 2023 | 0.01% |
Dec 2023 | 0.01% |
Public Holding | |
Dec 2022 | 63.88% |
Mar 2023 | 64.47% |
June 2023 | 64.49% |
Sept 2023 | 62.67% |
Dec 2023 | 61.95% |
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 |
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:
2019 | 1.56 |
2020 | 2.04 |
2021 | 1.68 |
2022 | 1.85 |
2023 | 1.83 |
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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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.