Have you been looking for information about Reliance Share? I assume you have landed on the right page. Reliance Power is a limited and India-based company, and this company develops power projects both in India and in international countries. We all are must aware of Ambani Groups, and fortunately, Reliance Power is one of their biggest projects.
The company is all focused on developing coal, gas, hydro, and solar-based energy projects. You may also find Ultra Mega Power Projects in their portfolio. UMPPs (Ultra Mega Power Projects) are also a part of the Indian Government to collaborate with power generation companies.
Anyway, we are here to discuss its share market details. In this article, we will be discussing Reliance Power Share Price & what is the prediction for the upcoming years.
Reliance Power Share Price
As per the latest information and current stock market exchange live rate, the current price of Reliance Power Share Price is Rs 20.15. However, it is not stable and can fluctuate at any time. We understand the share market, and it can fluctuate at any second. So, it is always a good idea to keep an eye on it.
So, we know about the current price tag of Reliance Power, and it is now time to understand its future value. Let’s start with the current year’s prediction.
Reliance Power Share Price Target 2022
During the 20-21, all the company’s projects which are functioning through their subsidiary companies are available for the generation of over 90% across this year.
Based on the current situation, it is reported that the company will eventually make more profit this year and resulting in the stock price of Reliance Power will evaluate. We can predict that the future target price of Reliance Power is near Rs25.
Reliance Power Share Price Target 2023
As per the calculations and checking the current market statistics, we can expect the amount of Reliance Power Share Price to touch Rs37 in 2023.
Reliance Power Share Price Target 2024
The government of India is taking big steps to improvise the current power status of the country, and also investing a heck of an amount in this. Expecting this, the Reliance Power Share Price Target of 2024 can touch Rs 57.
Reliance Power Share Price Target 2025
By considering the support of the Indian government, we can assume the price will touch Rs 79 in 2025.
Reliance Power Share Price Target 2030
The power of demand in India will eventually grow in the future, and expect the current state with the support of the Indian government. We can assume the price target of Reliance power will touch Rs 254 or more. However, it will depend on the market condition though.
Here we come to the end of this article as people are concerned about investing in stock these days. So we have decided to add this article to help them understand the stock and the price target for the next 10 years.