This article covers Reliance Power share price target for the upcoming years ahead from 2024, 2025, 2030, 2035, 2040, 2045 and 2050. In this article we will provide a detailed guide about reliance power shares (NSE: RPOWER) and future price targets so that you can make better informed investment investment decisions. Before diving into Reliance Power Price Prediction, we will discuss several important factors which will definitely help you whether to Invest in the stock or not.
About Reliance Power Limited
Incorporated in 1995, Reliance Power Limited a part of Reliance group Companies led by Dhirubhai Ambani. It is headquartered in Mumbai. Let us tell you that, The company was earlier known as Reliance Energy Generation Limited (RGEL) which later changed its name to Reliance Power Limited ( R Power).
The company deals with construction of power projects and coal resources. Reliance Power operates in both India and internationally. Reliance Power’s portfolio includes coal, gas, hydro, wind, and solar Projects as well. The company generates electricity from various sources including coal, gas, wind, solar etc. In addition Reliance Power Limited also has several renewable energy projects that produce wind energy and solar energy.
Reliance Power Financial Performance
Talking about the latest Financial performance of the company, Reliance Power has reported a huge profit jump from the previous corresponding period. In Q2FY25, the company reported a net profit of Rs 2,878.15 crore while it was 237.76 crore loss in the same corresponding quarter. With this huge profit, the company’s net worth surged to Rs 14,393 crore. Revenue from operations came down to Rs 2,759.81 crore against the same period previous fiscal year. The company reported an EBITDA of Rs 376 crore.
Reliance Power Fundamental Analysis
Let’s quickly look at some of the basic fundamentals of the company to get an overview of the company’s future growth potential.
| Market Cap | Rs 20,466.47 Crore |
| 52 Week High/Low | Rs 53.64 / Rs 19.40 |
| Face Value | Rs 10 |
| Book Value | Rs 23.40 |
| ROE | 0.49% |
| ROCE | 1.02% |
| P/B Ratio | 2.18 |
| P/E Ratio | 400.87 |
| Dividend Yield | 0% |
| Sales Growth | 0% |
| Profit Growth | -93.44% |
| EPS (TTM) | Rs 0.13 |
| Promoter Holding | 23.24% |
Reliance Power Share Price Target 2024, 2025, 2030, 2035, 2040, 2045 and 2050
Reliance Power’s share price target are as follows ₹48.16 in 2024, ₹81.65 in 2025, ₹110 in 2026, ₹165 in 2027, ₹205 in 2028, ₹435 in 2029, ₹564 in 2030, ₹895 in 2035, ₹1,185 in 2040, ₹1,850 in 2045 and ₹2,770 in 2050.
Reliance Power Share Price Target 2024
Reliance Power Share Price Target for 2024 is estimated to range between a maximum ₹48.16 and minimum ₹42.17 by the end of this year.
Reliance Power shares are currently trading above its 5 days, 10 Days, 20 Days, 50 Days, 100 days, 150 days and 200 days moving averages, which indicates a potential long-term upside in the coming months. However the short-term trend indicates a potential reversal as RSI at 63.6 is nearly oversold zone and MFI is above 80. Overall
| Year | Minimum Target | Maximum Target |
| 2024 | ₹42.17 | ₹48.16 |
Reliance Power Share Price Target 2025
In the recent quarterly report, Reliance Power became debt free which is a very good fundamentals of the company. The company saw a huge net profit in the second quarter. This growth has increased the confidence of Investors in the company as well as stock.
It is likely the company will continue to grow consistently in the coming years. Considering this, Reliance Power Share Price Target for 2025 can be maximum ₹81.65 and minimum ₹70.26. This price target represents a 124.36% growth from the current price level.
Also Read: NTPC Green Energy Share Price Target 2024 to 2050
| Year | Minimum Target | Maximum Target |
| 2025 | ₹70.26 | ₹81.65 |
Reliance Power Share Price Target 2026
In 2026, Reliance Power share price target could range between minimum ₹102 and maximum ₹110. It is likely Reliance Power’s revenue and profit growth will remain in a positive trend in upcoming years.
| Year | Minimum Target | Maximum Target |
| 2026 | ₹102 | ₹110 |
Reliance Power Share Price Target 2027
Looking further into the future towards 2027, Reliance Power’s share price is projected to reach a maximum ₹165 and minimum ₹150 by the end of the year. This indicates a potential growth of 50% from the current price level.
| Year | Minimum Target | Maximum Target |
| 2027 | ₹150 | ₹165 |
Reliance Power Share Price Target 2028
Reliance Share Price Target for 2028 can be maximum ₹205 and minimum ₹188. This represents a 24.24% growth from the higher price level of previous year. As Reliance Power is working on some new renewable energy and hydroelectric initiatives, this target can be easily achieved.
| Year | Minimum Target | Maximum Target |
| 2028 | ₹188 | ₹205 |
Reliance Power Share Price Target 2029
The share price target of Reliance Power is maximum ₹435 and minimum ₹421. This significant rise in share price reflects the company’s strong position in the power sector.
It is expected that Indian government plans to invest around 17 lakh crore in the coming 5-7 years reflecting significant growth and development of the power sector.
| Year | Minimum Target | Maximum Target |
| 2029 | ₹421 | ₹435 |
Reliance Power Share Price Target 2030
The Share Price Reliance Power is projected to cross Rs 500 mark in 2030. Reliance Power share price target for 2030 can be minimum ₹542 while maximum ₹564. This projection takes into account India’s increasing power and electricity demand. Reliance Power is already a leader of the power industry, which will help the company to capitalize on opportunity and grow consistently.
| Year | Minimum Target | Maximum Target |
| 2030 | ₹542 | ₹564 |
Reliance Power Share Price Target 2035
In 2035, the share price target of Reliance Power is forecasted to reach minimum ₹856 and maximum ₹895. This significant rise in share price reflects the growing demand of power sector.
Reliance power is already exploring hydroelectricity power, renewable energy and Energy storage system. As the company expanding its portfolio with new projects, revenue and profit will grow exponentially. With the profit and revenue increases, the share price will also rise along with it.
| Year | Minimum Target | Maximum Target |
| 2035 | ₹856 | ₹895 |
Reliance Power Share Price Target 2040
The Government of India Investing high on renewable energy. This push towards the development of renewable energy capacity will give Reliance power a major boost in t the coming years. Reliance Power is in a well settled position to capitalize on the market trend.
Considering this, Reliance Power Share Price Target for 2040 can be maximum ₹1,185 and minimum ₹1,120.
| Year | Minimum Target | Maximum Target |
| 2040 | ₹1,120 | ₹1,185 |
Reliance Power Share Price Target 2045
Looking even further into the future, Reliance Power’s share price is expected to reach ₹1,795 as the first target and ₹1,850 as the second target in 2045.
| Year | Minimum Target | Maximum Target |
| 2045 | ₹1,795 | ₹1,850 |
Reliance Power Share Price Target 2050
Reliance Power shares will continue to rise exponentially, reaching a maximum ₹2,770 and minimum ₹2,700 in 2050.
Reliance Power is a Fundamentally strong debt free company. In the long-term, it is likely the company will maintain its performance financially as well as capitalize on the new market trends in the power sector.
| Year | Minimum Target | Maximum Target |
| 2050 | ₹2,700 | ₹2,770 |
Reliance Power Share Price Target 2024, 2025, 2030, 2040, 2045 and 2050
| Year | Minimum Target | Maximum Target |
| 2024 | ₹42.17 | ₹48.16 |
| 2025 | ₹70.26 | ₹81.65 |
| 2026 | ₹102 | ₹110 |
| 2027 | ₹150 | ₹165 |
| 2028 | ₹188 | ₹205 |
| 2029 | ₹421 | ₹435 |
| 2030 | ₹542 | ₹564 |
| 2035 | ₹856 | ₹895 |
| 2040 | ₹1,120 | ₹1,185 |
| 2045 | ₹1,795 | ₹1,850 |
| 2050 | ₹2,700 | ₹2,770 |
Reliance Power Share Holding Pattern
Let’s quickly look at the share Holding pattern of Reliance Power.
| Month | Promoters | FIIs | DIIs | Public Holding |
| Sept-24 | 23.26% | 13.13% | 2.89% | 49.85% |
| Jun-24 | 23.24% | 12.71% | 3.06% | 60.99% |
| Mar-24 | 23.24% | 13.01% | 4.94% | 58.81% |
| Dec-23 | 24.50% | 8.37% | 5.19% | 61.95% |
| Sep-23 | 24.50% | 7.66% | 5.16% | 62.67% |
| Jun-23 | 24.99% | 7.34% | 3.17% | 64.49% |
Future Outlook of Reliance Power Share
With a long track record, Reliance Power’s present market position is a reflection of its solid foundation, strategic significance in India’s power sector. The company became debt free, it has not only escalated Investors’ confidence in the stock but also improved the revenue and profit growth. Let us tell you that, Reliance Power is well settled to capitalize on the Government’s new Renewable Energy initiatives.
The company has already been working on a number projects and generating electricity through various sources including wind, gas, solar, hydropower and renewable energy sources. As India is investing highly on Renewable Energy development projects, Reliance Power can benefit from the increasing demand of power and clean energy solutions.
FAQs
What is the target price of Reliance Power in 2024?
Reliance Power Price Target in 2024 is Maximum Rs 48.16. In the short-term, the share price may experience a pullback so the minimum price target for 2024 can be Rs 42.17.
What is the target price for Reliance Power in 2025?
In 2025, the market trend is likely to move in an upward trajectory. Reliance Power’s share is expected to vary between Rs 70.26 to maximum Rs 81.65
What is the future of Reliance Power in 2030?
The future of Reliance Power seems promising as the Government’s initiatives for the development renewable energy is increasing to fulfill the growing power demand. Reliance Power is shifting towards renewable energy and hydroelectric, which could help the company to capitalize on the upcoming opportunities.
What is the price target for Reliance Power in 2040?
Reliance share price target for 2040 is Maximum Rs 1,185 and minimum Rs 1,120
Can Reliance Power be a Multibagger?
Yes, Reliance Power is a multibagger stock that has delivered an impressive returns of 1,282.46% in the last 5 years. As the company’s portfolio is increasing with new projects including Renewable Energy and Hydroelectric, the company is poised for significant growth in future.
What is the share price target of Reliance Power in 2050?
In the long-term, Reliance Power share price target is forecasted to reach a maximum Rs 2,770 by the end of 2050 while minimum target can be Rs 2,700.
Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information provided in Trademint.in is for educational purposes only and we do not recommend buying or selling any stocks. This information provided is only for reference purpose so we are not responsible in case investors incur any loss based on the information. We provide timely updates about the stock market and financial products to help you make better investment choices. Always conduct your own research before making any investment decision or consult a financial advisor.
