Is Reliance Power a profitable company? (2023)

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Is Reliance Power a profitable company?

Reliance Power on Wednesday reported a net profit of Rs 321.79 crore for the quarter ended March 2023. The consolidated net loss of the company was Rs 657.89 crore in the quarter ended on March 31, 2022, according to a BSE filing.

Is Reliance Power a profit or loss?

The net loss of RELIANCE POWER stood at Rs -5,651 m in FY22, which was down -232.3% compared to Rs 4,271 m reported in FY21. This compares to a net loss of Rs -42,715 m in FY20 and a net loss of Rs -29,518 m in FY19.

Is it good to invest in Reliance Power?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Reliance Power Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Is Reliance Power debt free?

Debt-free status

The balance funds were used to settle the debt of Reliance Power with banks, including SBI, Canara Bank, YES Bank and Axis Bank. With this, Reliance Power has become debt-free on a standalone basis. The exposure of Indian banks to the Reliance Power group is now limited to Sasan Power.

Is there future for Reliance Power?

Reliance Power Share Price Future Prediction 2024

Moving into 2024, Reliance Power is expected to continue its upward trajectory. The company's ongoing projects and potential new ventures could drive the average stock price up to ₹130. The year might see the stock price ranging between a low of ₹120 and a high of ₹140.

Who is investing in Reliance Power?

Who invested in Reliance Power ? Reliance Power has 3 investors including Värde Partners and Belgian Investment Company for Developing Countries .

What is the prediction of Reliance Power?

If you are looking for stocks with good return, Reliance Power Ltd can be a profitable investment option. Reliance Power Ltd quote is equal to 16.120 INR at 2023-07-29. Based on our forecasts, a long-term increase is expected, the "Reliance Power Ltd" stock price prognosis for 2028-07-21 is 32.953 INR.

Is Reliance Power undervalued?

The intrinsic value of one RPOWER stock under the Base Case scenario is 37.18 INR. Compared to the current market price of 16.05 INR, Reliance Power Ltd is Undervalued by 57%.

Is Reliance Power share good for long term?

Should I invest in Reliance Power stock for the long term? If you are a long-term investor, then you should invest in Reliance Power shares carefully because the fundamentals of this company are very weak, in which investing for a new investor can be very risky.

How much dividend does Reliance Power pay?

Current Dividend Yield: 6.39% Annual dividend payment: ₹1.

What is the risk free rate of Reliance?

The current risk-free rate is 7.18000000%. Please go to Economic Indicators page for more information.

What was the issue price of Reliance Power?

Reliance Power IPO FAQs

The issue is priced at ₹405 to ₹450 per share. The minimum order quantity is 15 Shares.

Which company is debt free?

debt free companies
S.No.NameNP Qtr Rs.Cr.
1.Ksolves India7.55
2.Varanium Cloud40.69
3.Tips Industries27.10
4.Tanfac Inds.18.39
19 more rows

Which share is best to buy today?

Today's Poll
  • Stock to buy today: IIFL Finance (₹539.80)
  • Stock to buy today: Rashtriya Chemicals & Fertilizers (₹116.25)
  • Stock to buy today: Bank of Baroda (₹202.35)
  • Today's Pick: NLC India (₹87.44): BUY.
  • Today's Pick: Star Cement (₹122.90): BUY.
  • Today's Pick: ICICI Bank (₹917.70): BUY.
  • Today's Pick: GNFC (₹579.1): BUY.

Is Tata Steel good to buy now?

A majority of analysts believe one should buy shares of Tata Steel at this point due to favourable fundamental and technical factors. Shares of the company have underperformed the BSE Metal index and the equity benchmark Sensex in the last one year. The stock hit its 52-week high of ₹138.63 on BSE on April 6, 2022.

What is the highest share price of Reliance Power?

The highest price of Reliance Power Ltd stock is ₹25.00 in the last 52-week.

What is the price target of Reliance Power in 2023?

According to Long term forecast, Reliance Power Share Price Target 2023 will be minimum 17 Rs and maximum 19 Rs, 2025 target will be lower 32 Rs and higher 35 Rs and 2030 Price target will be approx 90 Rs. आज हम बात करेंगे Reliance Power Share Price Target 2023, 2024, 2025 और 2030 के बारे में।

Who is the largest shareholder of Reliance?

The promoter group, the Ambani family, holds 49.11% of the total shares whereas the remaining 50.89% shares are held by public shareholders, including FII and corporate bodies. Life Insurance Corporation of India is the largest non-promoter investor in the company, with 7.98% shareholding.

What is the result of Reliance Power quarterly?

For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 1,856.32 Crore, down 4.13 % from last quarter Total Income of Rs 1,936.29 Crore and down 1.18 % from last year same quarter Total Income of Rs 1,878.40 Crore.

What is the target price of power grid in 2025?

Power Grid Share Price Target Table
4 more rows
Jun 1, 2023

What is the result of Reliance Power q4 2023?

Reliance Power Q4 Results
Fiscal Period2023
Net Income321.79
Income Availableto Com Excl Extra Ord314.79
Income Availableto Com Incl Extra Ord321.79
Diluted Net Income321.79
21 more rows

What is the moving average of Reliance Power?

It helps to analyse the price trends, patterns and trading signals. On Classic Moving Average Scale Reliance Power shows a 14.99 for 20 - DMA, 14.16 for 50-DMA and 12.65 for 100-DMA. On Exponential Moving Average Scale Reliance Power shows a 15.16 for 20 - DMA, 14.33 for 50-DMA and 13.68 for 100-DMA.

Which penny stock is best to buy?

Best Penny Shares To Buy
SL No.Stock NameMarket Cap (₹ Crores)
1Vodafone Idea Ltd37,726.76
2Suzlon Energy Ltd15,422.32
3Reliance Power Ltd5,602.81
4Alok Industries Ltd8,887.78
6 more rows

Can I buy Reliance Power shares?

You can easily buy Reliance Power shares in Groww by creating a demat account and getting the KYC documents verified online.

What will be the price of Reliance share in 2025?

Reliance share price target 2023, 2024, 2025 to 2030
4 more rows
Jan 26, 2023

Which company pays highest dividend?

List of Top Highest Dividend Paying Stocks In India 2023
CompanyDividend %Dividend (INR)
HCL Technologies Ltd.90018.00
REC Ltd.32.53.25
Hindustan Zinc Ltd.130026
Hinduja Global Solutions Ltd.252.5
16 more rows
Jul 19, 2023

What is the highest dividend ever paid by a company?

Apple's dividend is the largest new dividend ever paid by a company, beating the $1.3 billion record previously set by Cisco Systems, says S&P Capital IQ.

Do utility stocks pay high dividends?

With low-demand elasticity and reliable revenue streams, utility companies can afford to pay consistent and relatively high dividends to their shareholders. For this reason, many utility stocks are almost treated like bonds by income investors who rely on their holdings for revenue.

What is the risk faced by Reliance?

Risk Description

With most of the crude being supplied to RIL by sea vessels, and the overwhelming majority of refined products being exported by sea, road and pipeline, the Company faces the risk of HSE incidents, oil spills and so on, leading to disruption in business activities.

What is the rating of Reliance?

Rating Action
Total Bank Loan Facilities RatedRs.100000 Crore (Enhanced from Rs.65000 Crore)
Long Term RatingCRISIL AAA/Stable (Reaffirmed)
Short Term RatingCRISIL A1+ (Assigned)
Mar 31, 2023

What is risk of over reliance?

risk of overreliance. The risk that the auditor will conclude the controls are more effective than they are. Also referred to as beta risk, type II, risk of incorrect acceptance, risk of assessing control risk too low.

Who is the CEO of Reliance Power?

How many times Reliance Power IPO was subscribed?

Reliance Power IPO subscribed 73.04 times. The public issue subscribed 14.87 times in the retail category, 82.62 times in QIB, and 190.02 times in the NII category by Jan 18, 2008. Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Who has the worst debt?

The United States has the world's highest national debt with $30.1 trillion owed to creditors as of the first quarter of 2023.

Who has most debt in India?

Which company has the highest debt?
  • #2 TVS MOTORS.
  • #5 VEDANTA.

Which government has no debt?

The 20 countries with the lowest national debt in 2022 in relation to gross domestic product (GDP)
CharacteristicNational debt in relation to GDP
Macao SAR0%
Brunei Darussalam2.06%
Hong Kong SAR4.26%
9 more rows
May 11, 2023

Which stock will boom in 2023?

Performance of the top 5 stocks of 2023
Stock SymbolMarket Price Rs1-year Returns (%)
6 more rows
6 days ago

Which stocks to buy for 5 years?

Best Stocks to Buy in India for Long Term in 2023
  • Reliance Industries. Multinational Conglomerate.
  • Tata Consultancy Services (TCS) Information Technology.
  • Infosys. Information Technology.
  • HDFC Bank. Banking.
7 days ago

Which is the most profitable share now?

High Profit stocks
S.No.NameCMP Rs.
2.Mipco Seaml Ring10.32
3.Starlite Comp.2.41
4.Modern Dairies22.16
23 more rows

Which share to buy for long term in India?

best long term stocks
1.SG Finserve67.05
2.Ksolves India47.66
3.Waaree Renewab.46.51
4.Tanfac Inds.27.20
23 more rows

Which is better TCS or Tata Steel?

Employee Ratings

Tata Steel scored higher in 8 areas: Overall Rating, Culture & Values, Work-life balance, Senior Management, Compensation & Benefits, Career Opportunities, Recommend to a friend and Positive Business Outlook. TCS scored higher in 1 area: Diversity and Inclusion.

Is Tata Steel expected to grow?

Tata Steel is expected to report strong earnings growth in the first quarter of FY2024, driven by robust sales and margin expansion. The company's domestic sales are expected to grow by 15-20% year-on-year, while its exports are also expected to grow.

What is the price of Reliance Power share in 52 weeks?

What is the 52-week High and Low of Reliance Power Ltd? The 52-week high and low of Reliance Power Ltd (RPOWER) is ₹25 and ₹9.05.

What is the return on equity of Reliance Power?

Company has a poor ROE of 1.63% over the past 3 years. Company has high debtor days of 762.59.

What is the debt to equity ratio of Reliance Power?

Reliance Power has a total shareholder equity of ₹132.9B and total debt of ₹212.4B, which brings its debt-to-equity ratio to 159.8%. Its total assets and total liabilities are ₹485.4B and ₹352.5B respectively. Reliance Power's EBIT is ₹8.6B making its interest coverage ratio 0.4.

What is the turnover of Reliance Power?

Profit & Loss account of Reliance Power (in Rs. Cr.)Mar 23Mar 20
Revenue From Operations [Net]26.6349.63
Total Operating Revenues28.7853.53
Other Income121.39285.89
Total Revenue150.17339.42
40 more rows

What is the dividend of Reliance in 2023?

For the year ending March 2023 Reliance Industries has declared an equity dividend of 90.00% amounting to Rs 9 per share. At the current share price of Rs 2527.85 this results in a dividend yield of 0.36%.

Is Reliance Power undervalued or overvalued?

The intrinsic value of one RPOWER stock under the Base Case scenario is 37.18 INR. Compared to the current market price of 16.05 INR, Reliance Power Ltd is Undervalued by 57%.

Can we buy Reliance Power share now?

You can easily buy Reliance Power shares in Groww by creating a demat account and getting the KYC documents verified online.

Is 50% debt-to-equity ratio good?

Generally, a good debt-to-equity ratio is anything lower than 1.0. A ratio of 2.0 or higher is usually considered risky. If a debt-to-equity ratio is negative, it means that the company has more liabilities than assets—this company would be considered extremely risky.

How much debt equity ratio is good?

Although it varies from industry to industry, a debt-to-equity ratio of around 2 or 2.5 is generally considered good. This ratio tells us that for every dollar invested in the company, about 66 cents come from debt, while the other 33 cents come from the company's equity.

What is a good debt or equity ratio?

The optimal debt-to-equity ratio will tend to vary widely by industry, but the general consensus is that it should not be above a level of 2.0. While some very large companies in fixed asset-heavy industries (such as mining or manufacturing) may have ratios higher than 2, these are the exception rather than the rule.

Who is the owner of Reliance Energy?

Anil Dhirubhai Ambani is one of India's leading business leaders and founder of the Reliance Group; whose constituent business enterprises are engaged in pivotal roles in the ongoing economic transformation of India.

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