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%.
Past 10 year's financial track record analysis by Moneyworks4me indicates that Reliance Power Ltd is a average quality company. 2. Is Reliance Power Ltd undervalued or overvalued? The key valuation ratios of Reliance Power Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
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.
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.
Reliance Industries Ltd. has a PEG ratio of 3.43, indicating that its stock price is overvalued relative to its expected earnings growth. The company's sustainable growth rate is 0.0, suggesting that it may struggle to maintain its current level of profitability.
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%.
Stock price target for Reliance Power Limited RPOWER are 15.53 on downside and 16.43 on upside.
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.
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।
| SL No. | Stock Name | Market Cap (₹ Crores) |
|---|---|---|
| 1 | Vodafone Idea Ltd | 37,726.76 |
| 2 | Suzlon Energy Ltd | 15,422.32 |
| 3 | Reliance Power Ltd | 5,602.81 |
| 4 | Alok Industries Ltd | 8,887.78 |
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 .
- Reliance Industries.
- ONGC.
- Adani Green.
- Oil India.
- GAIL (India)
- Indraprastha Gas.
- Coal India.
Reliance Power Limited is part of the Reliance Anil Dhirubhai Ambani Group and is established to develop, construct and operate power projects domestically and internationally.
Shares of Reliance Industries have fallen 13.63 per cent in 2023 so far and have underperformed the BSE Sensex by almost 800 basis points during the period. For one- and two-year periods as well, the scrip failed to beat index returns, thanks to prevailing concerns over high capex and resultant rising debt.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Reliance Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
| Company | CMP (Rs) | P/E (x) |
|---|---|---|
| TATA STEEL | 119.8 | 162.9 |
| MACROTECH DEVELOPERS | 727.5 | 141.7 |
| ADANI TOTAL GAS | 654.6 | 136.1 |
| ADANI ENTERPRISES | 2,429.3 | 125.4 |
You can easily buy Reliance Power shares in Groww by creating a demat account and getting the KYC documents verified online.
Generally, undervalued shares are favored over overvalued ones, as the investors buy low and sell high. If the company is performing well, it can give promising returns. Buying an overvalued share doesn't have this advantage, as the price returns to its intrinsic value, which is lower.
In fact, many investors, strategists and analysts consider a PEG Ratio lower than 1.0 the best. That's because a ratio lower than 1 suggests that the company is relatively undervalued.
| Fiscal Period | 2023 |
|---|---|
| Net Income | 321.79 |
| Income Availableto Com Excl Extra Ord | 314.79 |
| Income Availableto Com Incl Extra Ord | 321.79 |
| Diluted Net Income | 321.79 |
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.
The highest price of Reliance Power Ltd stock is ₹25.00 in the last 52-week.
Is Reliance Capital Ltd undervalued or overvalued? The key valuation ratios of Reliance Capital Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
It is the largest and the most profitable retailer in India with the widest reach. The company said it has more than 150 million loyal customers buying across all its formats. It recorded more than 640 million footfalls across all its stores in FY20, a scale unmatched by any other retailer in India.
Is Reliance Communications Ltd a good quality company? Past 10 year's financial track record analysis by Moneyworks4me indicates that Reliance Communications Ltd is a below average quality company.
Reliance Capital Ltd Dividend related ratios:
Current Dividend Yield: 201.88% Annual dividend payment: ₹21.50.
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹2900 | ₹3100 |
| 2030 | ₹5500 | ₹5850 |
| 2040 | ₹13500 | ₹14200 |
| 2050 | ₹27600 | ₹29500 |
| Reliance Power Share Price Target | ReliancePower Share Price |
|---|---|
| First Target 2023 | Rs 17 |
| Second Target 2023 | Rs 19 |
| First Target 2024 | Rs 24 |
| Second Target 2024 | Rs 26 |
| Year | Reliance Power 1st Share Price Targets (₹) | Reliance Power 2nd Share Price Targets (₹) |
|---|---|---|
| 2027 | 123 | 131 |
| 2028 | 140 | 149 |
| 2029 | 180 | 191 |
| 2030 | 210 | 225 |
What was the price of Reliance Power share when launched?
Reliance earned Rs 74,131 crore net profit in the financial year 2023, while it had reported Rs 67,565 crore net profit in FY22.
Reliance's success was a result of the following traits: Strategic Partnerships: RIL partners with the world's major players to expand their capabilities. Disruptive Pricing: Jio and Reliance Retail entered the fray with affordable pricing that appealed to the Indian consumer.
Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports. The company has relatively little free cash flow and high corporate debt.
Let me put it this way. The company is deep in debt and any hopes of recovery are unlikely. The company has also shut most of its operations and the promoters are trying to sell the assets.
Reliance completes acquisition of Lotus Chocolate
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Reliance Communications, then owned by Anil Ambani, had to shut down its business operations as a result of its high debt burden and a failed merger with Aircel.