Reliance Power Ltd (NSE: RPOWER): Despite the market turmoil, the share of Anil Ambani-owned Reliance Power Ltd saw a rocket-like rise on Friday.
The BSE Sensex fell 885.60 points on Friday, but Reliance Power Ltd share hit an upper circuit of 5% to Rs 34.57.
The share of the company reached the highest level in 52 weeks on Friday. Reliance Power Ltd share fell more than 99% to reach Rs 1.13.
Meanwhile, the company’s share has risen 2960% in the last 4 years. The company’s share has risen 29% in 9 days.
Reliance Power Shares Have Risen 2960%
Anil Ambani’s company Reliance Power Ltd’s share has risen 2960% in the last 4 years. Reliance Power Ltd share was at Rs 274.84 on May 23, 2008.
After this, the company’s share fell sharply. Reliance Power Ltd share fell to Rs 1.13 on 27 March 2020.
However, the company’s share has seen a good rise in the last 4 years. Reliance Power share reached Rs 34.57 on 2 August 2024.
More Than A 90% Jump In The Company’s Shares In One Year
Reliance Power Ltd’s share has seen an increase of over 90 % over the past year. The share of Anil Ambani’s power company was at Rs 18.17 on 2 August 2023.
Reliance Power Ltd share reached Rs 34.57 on 2 August 2024. Reliance Power Ltd’s share has gained about 70 percent in the last 5 months.
So far this year, Reliance Power Ltd’s share has jumped 45 percent. The company’s share was at Rs 23.95 earlier this year on January 1, 2024.
Share of Reliance Power reached Rs 34.57 on August 2, 2024.
Reliance Power Stock Performance
| Current Price | ₹ 34.5 |
| 52-wk High | ₹ 34.6 |
| 52-wk Low | ₹ 15.5 |
| 5 Days Return | 12.14% |
| 1 Month Return | 20.31% |
Key Fundamentals Parameters
| Market Cap | ₹ 13,862 Cr. |
| Stock P/E | — |
| Book Value | ₹ 28.9 |
| Dividend | 0.00 % |
| ROCE | 1.43 % |
| ROE | -17.6 % |
| Face Value | ₹ 10.0 |
| P/B Value | 1.19 |
| OPM | 14.7 % |
| EPS | ₹ -5.15 |
| Debt | ₹ 18,766 Cr. |
| Debt to Equity | 1.62 |
Reliance Power Shareholding Pattern
| Promoters Holding | |
| June 2023 | 24.99% |
| Sept 2023 | 24.50% |
| Dec 2023 | 24.50% |
| Mar 2024 | 23.24% |
| June 2024 | 23.24% |
| FII Holding | |
| June 2023 | 7.34% |
| Sept 2023 | 7.66% |
| Dec 2023 | 8.37% |
| Mar 2024 | 13.01% |
| June 2024 | 12.71% |
| DII Holding | |
| June 2023 | 3.17% |
| Sept 2023 | 5.16% |
| Dec 2023 | 5.19% |
| Mar 2024 | 4.94% |
| June 2024 | 3.06% |
| Govt. Holding | |
| June 2023 | 0.01% |
| Sept 2023 | 0.01% |
| Dec 2023 | 0.01% |
| Mar 2024 | 0.00% |
| June 2024 | 0.00% |
| Public Holding | |
| June 2023 | 64.49% |
| Sept 2023 | 62.67% |
| Dec 2023 | 61.95% |
| Mar 2024 | 58.81% |
| June 2024 | 60.99% |
Reliance Power Share: Last 5 Years’ Financial Condition
Last 5 Years’ Sales:
| 2020 | ₹ 7,562 Cr |
| 2021 | ₹ 7,934 Cr |
| 2022 | ₹ 7,503 Cr |
| 2023 | ₹ 7,514 Cr |
| 2024 | ₹ 7,893 Cr |
Last 5 Years’ Net Profit:
| 2020 | ₹ -4,271 Cr |
| 2021 | ₹ 454 Cr |
| 2022 | ₹ -915 Cr |
| 2023 | ₹ -403 Cr |
| 2024 | ₹ -2,068 Cr |
Conclusion
This article provides a detail guide about Reliance Power Ltd share.
The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses.
Also, we’ve talked in depth about the shares’ prospects and growth possibilities.
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