Last updated on December 19th, 2024 at 09:17 pm
Reliance Power Limited, currently trading at ₹38.64, is a part of the Reliance Group and is focused on power generation and related operations. Let’s analyze its share price targets from 2024 to 2040.
About Reliance Power
Reliance Power Limited is a prominent player in the energy sector, engaged in developing, constructing, and operating power projects. The company focuses on thermal, hydro, and renewable energy sources, catering to India’s growing electricity demand.
Company Details
- Founded: 2007
- Headquarters: Navi Mumbai, Maharashtra, India
- Sector: Power Generation
- Operations: Thermal, Hydro, and Renewable Energy Projects
- Competitors: NTPC, Tata Power, Adani Power
Promoter Details
| Promoter Name | Holding (%) |
|---|---|
| Reliance Group (Anil Ambani) | 24.98 |
| Public & Institutional Investors | 75.02 |
Reliance Power Share Price Target 2024
Key Growth Drivers:
- Focus on clean and renewable energy.
- Stabilization of financial performance.
- Minimum Target: ₹40
- Maximum Target: ₹45
Reliance Power Share Price Target 2025
Catalysts:
- Reduction in debt burden.
- Expansion of renewable energy projects.
- Minimum Target: ₹48
- Maximum Target: ₹55
Reliance Power Share Price Target 2026 to 2030
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 58 | 65 |
| 2027 | 68 | 75 |
| 2028 | 78 | 88 |
| 2029 | 90 | 102 |
| 2030 | 105 | 120 |
Reliance Power Share Price Target 2035
By 2035, Reliance Power could emerge as a leading clean energy provider with diversified revenue streams.
- Minimum Target: ₹150
- Maximum Target: ₹175
Reliance Power Share Price Target 2040
With India’s commitment to renewable energy and infrastructure growth, Reliance Power may see substantial long-term gains by 2040.
- Minimum Target: ₹200
- Maximum Target: ₹250
Reliance Power Balance Sheet
Final Thoughts
Reliance Power has significant potential in the renewable energy space. However, challenges like high debt and competition need to be addressed for sustained growth. Long-term investors should watch for financial restructuring and project execution milestones.
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