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Reliance Power Limited is currently in a long term uptrend where the price is trading 140.7% above its 200 day moving average.
From a valuation standpoint, the stock is 95.6% cheaper than other stocks from the Utilities sector with a price to sales ratio of 0.2.
Reliance Power Limited's total revenue rose by 13.7% to $19B since the same quarter in the previous year.
Its net income has increased by 5.9% to $523M since the same quarter in the previous year.
Finally, its free cash flow fell by 61.0% to $9B since the same quarter in the previous year.
Based on the above factors, Reliance Power Limited gets an overall score of 4/5.
Industry | Utilities-Independent Power Producers |
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Sector | Utilities |
ISIN | INE614G01033 |
CurrencyCode | INR |
Exchange | NSE |
Market Cap | 48B |
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PE Ratio | None |
Beta | 1.23 |
Dividend Yield | 0.0% |
Target Price | 45.14 |
Reliance Power Limited, together with its subsidiaries, engages in the generation of power in India. Its portfolio of power projects is based on coal, gas, hydro, wind, and solar energy. The company has an operational power generation capacity of 399 GW. It owns and operates 1,200 MW Rosa power plant in Uttar Pradesh; Sasan ultra mega power plant with capacity of 3,960 MW in Madhya Pradesh; Vashpet power plant with capacity of 45 MW in Maharashtra; Dhursar solar power plant with capacity of 40 MW in Rajasthan; Solar CSP power plant 100 MW in Rajasthan; and Butibori power plant with capacity of 600 MW in Maharashtra. The company also develops and constructs coal mines in India and Indonesia. In addition, it has an interest in four coal bed methane blocks. The company was incorporated in 1995 and is based in Mumbai, India.
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