RPOWER

Reliance Power Share Price

₹29.83
+ 0.16 (0.54%)
15 September, 2024 10:06 BSE: 532939 NSE: RPOWER ISIN: INE614G01033

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Reliance Power Performance

Day Range

  • Low 30
  • High 30
₹ 29

52 Week Range

  • Low 16
  • High 38
₹ 29
  • Open Price30
  • Previous Close30
  • Volume16361976

Reliance Power Chart

  • Over 1 Month + 0.27%
  • Over 3 Month -4.76%
  • Over 6 Month + 41.71%
  • Over 1 Year + 59.09%

Reliance Power Key Statistics

P/E Ratio -6.4
PEG Ratio 0
Market Cap Cr
Price to Book Ratio 1
EPS -0.2
Dividend 0
Relative Strength Index 44.78
Money Flow Index 64.34
MACD Signal -0.16
Average True Range 1.39

Reliance Power Investment Rating

  • Master Rating:
  • Reliance Power has an operating revenue of Rs. 7,987.72 Cr. on a trailing 12-month basis. An annual revenue growth of 5% is not great, Pre-tax margin of -26% needs improvement, ROE of -17% is poor and needs improvement. The company has a debt to equity of 81%, which is bit higher. The stock from a technical standpoint is trading below to its 50DMA and around 8% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -10% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 16 which is a POOR score indicating inconsistency in earnings, a RS Rating of 52 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 98 indicates it belongs to a poor industry group of Utility-Electric Power and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Reliance Power Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 0031473
Operating Expenses Qtr Cr 564776307
Operating Profit Qtr Cr -5-64-581-304
Depreciation Qtr Cr 004444
Interest Qtr Cr 1912293144-120
Tax Qtr Cr 000000
Net Profit Qtr Cr 26006-17880
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 110150
Operating Expenses Annual Cr 78328
Operating Profit Annual in Cr -78-299
Depreciation Cr 016
Interest Annual Cr 98189
Tax Annual Cr 00
Net Profit Annual Cr 49655
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 43-10
Cash from Investing Activity Annual Cr -11-2
Cash from Financing Annual Activity Cr -2211
Net Cash Flow Annual Cr 11-1
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 9,3978,866
Fixed Assets Annual Cr 0236
Total Non Current Assets Annual Cr 13,18714,200
Total Current Assets Annual Cr 1,6201,764
Total Assets Annual Cr 14,80715,964
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 2324
ROE Annual % 17
ROCE Annual % 0-2
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 0-616
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,9921,9971,9472,0521,9221,730
Operating Expenses Qtr Cr 1,3421,8112,3101,3201,3011,889
Operating Profit Qtr Cr 651186-363732621-159
Depreciation Qtr Cr 250287262263261266
Interest Qtr Cr 551517607725620574
Tax Qtr Cr 25-468810072-85
Net Profit Qtr Cr -98-398-1,137-238-296322
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 8,2607,883
Operating Expenses Annual Cr 6,7355,658
Operating Profit Annual in Cr 1,1571,885
Depreciation Cr 1,0621,033
Interest Annual Cr 2,4512,527
Tax Annual Cr 21464
Net Profit Annual Cr -2,068-471
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 3,1744,024
Cash from Investing Activity Annual Cr -192-354
Cash from Financing Annual Activity Cr -2,734-3,623
Net Cash Flow Annual Cr 24846
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 11,61411,595
Fixed Assets Annual Cr 34,86338,082
Total Non Current Assets Annual Cr 39,01343,512
Total Current Assets Annual Cr 4,7475,024
Total Assets Annual Cr 43,76048,535
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 2936
ROE Annual % -18-4
ROCE Annual % 24
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1929

Reliance Power Technicals

EMA & SMA

Current Price
₹29.83
+ 0.16 (0.54%)
pointer
  • Bullish Moving Average
  • ___
  • 6
  • Bearish Moving Average
  • ___
  • 10
  • 20 Day
  • ₹30.70
  • 50 Day
  • ₹30.43
  • 100 Day
  • ₹29.27
  • 200 Day
  • ₹26.96
  • 20 Day
  • ₹31.55
  • 50 Day
  • ₹30.52
  • 100 Day
  • ₹28.83
  • 200 Day
  • ₹27.47

Reliance Power Resistance and Support

PIVOT
₹29.94
Resistance
First Resistance 30.22
Second Resistance 30.62
Third Resistance 30.90
RSI 44.78
MFI 64.34
MACD Single Line -0.16
MACD -0.42
Support
First Support 29.54
Second Support 29.26
Third Supoort 28.86

Reliance Power Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 19,353,653 778,597,460 40.23
Week 25,874,057 1,157,087,838 44.72
1 Month 71,714,034 3,134,620,414 43.71
6 Month 44,941,040 2,393,559,771 53.26

Reliance Power Result Highlights

Reliance Power Synopsis

NSE-Utility-Electric Power

Reliance Power L is involved in the business activities of Electric power generation, transmission and distribution. Company’s Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 4016.98 Cr. for the Year ended 31/03/2024. Reliance Power Ltd. is a Public Limited Listed company incorporated on 17/01/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L40101MH1995PLC084687 and registration number is 084687.
Market Cap 11,983
Sales 17
Shares in Float 309.31
No of funds 368
Yield 2.04
Book Value 1.28
U/D Vol ratio 1.3
LTDebt / Equity 3
Alpha 0.07
Beta 1.33

Reliance Power Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 23.24%23.24%24.49%24.49%
Mutual Funds 0.22%0.2%0.19%0.17%
Insurance Companies 2.67%2.67%2.81%2.81%
Foreign Portfolio Investors 7.59%7.89%8.37%7.66%
Financial Institutions/ Banks 0.12%1.94%0.14%0.14%
Individual Investors 51.15%51.07%53.09%53.21%
Others 15.01%12.99%10.91%11.52%

Reliance Power Management

Name Designation
Mr. Sateesh Seth Chairman
Mr. Raja Gopal Krotthapalli Non Exe.Non Ind.Director
Mr. Punit Garg Non Exe.Non Ind.Director
Mr. Vijay Kumar Sharma Ind. Non-Executive Director
Mr. Ashok Ramaswamy Ind. Non-Executive Director
Mrs. Manjari Ashok Kacker Ind. Non-Executive Director
Mrs. Chhaya Virani Ind. Non-Executive Director

Reliance Power Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Reliance Power Corporate Action

Date Purpose Remarks
2024-08-14 Quarterly Results
2024-05-25 Audited Results
2024-02-03 Quarterly Results
2023-10-31 Quarterly Results
2023-08-09 Quarterly Results

About Reliance Power

Reliance Power is a leading power generation company in India, forming part of the Reliance Anil Dhirubhai Ambani Group (ADAG). The company has a significant presence in the power sector and is engaged in various aspects of power generation, transmission, and distribution. Reliance Power was incorporated in 1995 and has since emerged as one of the major players in India's power industry.

Reliance Power operates across the entire value chain of power generation, from coal and gas-based thermal power plants to renewable energy projects. The company builds and operates power plants, selling electricity to various utilities and industries. Their diversified portfolio includes:

● Coal-Based Power Plants: Reliance Power has coal-based power plants in various locations in India. These power plants utilize advanced technologies to generate electricity efficiently.

● Gas-Based Power Plants: The company also operates gas-based power plants that contribute to India's energy mix and provide cleaner energy solutions.

● Solar and Wind Power: Reliance Power is actively involved in renewable energy projects, particularly solar and wind power plants, to promote sustainability and reduce the carbon footprint.

● Transmission and Distribution: In addition to power generation, Reliance Power is involved in the transmission and distribution of electricity, ensuring a seamless flow of power to end consumers.

History and Milestones

Reliance Power has achieved several milestones since its inception. Here are some of the key moments in the company's journey:

● Establishment and Expansion: The company's journey began on January 17, 1995, under Bawana Power Private Limited. In February 1995, it underwent a name change and became Reliance Delhi Power Private Limited. Subsequently, in March 2004, the company adopted Reliance Energy Generation Limited. Finally, in July 2007, it settled on Reliance Power Limited.

● Initial Public Offering (IPO): In 2008, Reliance Power launched one of the largest IPOs in India's history, raising significant capital to fund its ambitious projects.
Coal Mine Acquisitions: Reliance Power secured coal mines in Indonesia and other countries to ensure a steady fuel supply for its power plants.

● Commissioning of Power Projects: The company successfully commissioned several power projects over the years, contributing significantly to India's electricity generation capacity.

● Focus on Renewable Energy: Reliance Power made strategic moves into the renewable energy sector, establishing solar and wind power projects in various states across India.

● National and International Presence: The company expanded its presence within India and explored opportunities in the international market, strengthening its global standing.

Awards and Recognitions

Reliance Power has been acknowledged for its contributions to the power sector and its commitment to sustainable practices. Some of the awards and honors the company has received include:

● DL Shah National Quality Award for Intelligent Outage Management System Award to BYPL from the Quality Council of India.
● Innovative Practice Award to BYPL viz. Seamless SCADA adaption using a power management tool and Lab Tracking Module from the Independent Power Producer Association of India. 
● National Gaurav Award for Operational Excellence Award to BYPL from Indian Brave Hearts Foundation.
● Safety Award to BRPL and BYPL from British Safety Council (International Award), London.
● AT&C Loss Reduction by improving the DT Cleaning mechanism using the PDCA approach (at field level) and Net Metering of Solar Power Generation Projects Award to BRPL from BSE Limited. 
● Overall Distribution Operations Award to BRPL from the Indian Chamber of Commerce. 
● Achievement Award in Supervisor/ Artisan Category Award to BRPL from Construction Industry Development Council. 
Greentech Foundation Award for outstanding achievement in Employee Engagement(Gold Award).
● Award for best service provider and Fun at work (organization category) - Times Ascent.
● Best Metro of the year -2016 by Indian Merchants' Chamber. 
● "Best Power Infrastructure Project" Award 2016 for Sasan UMPP from Dun & Bradstreet Infra.
● "Rashtra Vibhushan Award 2016-17" - Diamond Award for outstanding project on Infrastructure for Sasan UMPP & Best Initiative in Renewable Energy for Solar PV. 
● "Outstanding Contribution in Power Generation" Award for Sasan UMPP during the 6th E&C World Award. 

Important Facts

● Parent: Reliance Anil Dhirubhai Ambani Group
● Number of employees: 1,300+
● Total equity: ₹13,813.85 crore (US$1.7 billion)
● Total assets: ₹50,781.83 crore (US$6.4 billion)
● Website Name: Reliance Power

As of February 2, 2011, the United Nations officially registered Reliance Power's Sasan Power Plant, making it eligible to earn carbon credits. Subsequently, both the Krishnapatanm Ultra Mega Power Project and Tilaiya Ultra Mega Power Projects also received registration for carbon credits. The United Nations grants carbon credits to companies utilizing advanced technologies to effectively reduce carbon emissions. These earned carbon credits can be sold to other companies that exceed their statutory emission limits, providing a mechanism for promoting emission reductions.
 

Reliance Power FAQs

What is Share Price of Reliance Power ?

Reliance Power share price is ₹29 As on 15 September, 2024 | 09:52

What is the Market Cap of Reliance Power ?

The Market Cap of Reliance Power is ₹11982.6 Cr As on 15 September, 2024 | 09:52

What is the P/E ratio of Reliance Power ?

The P/E ratio of Reliance Power is -6.4 As on 15 September, 2024 | 09:52

What is the PB ratio of Reliance Power ?

The PB ratio of Reliance Power is 1 As on 15 September, 2024 | 09:52

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