In addition, Varde Partners acquired a 15% stake In Reliance Power for Rs 933 crore. Reliance Power is part of the Anil Ambani ADAG Group. Varde had infused nearly Rs 550 crore into Reliance Infrastructure.

Global distressed funds go big on Indian realty | The Financial Express

Reliance Power share price: The scrip was last seen trading higher than the 5-day, 20-, 50- and 100-day moving averages but lower than the 200-day moving averages. The counter’s 14-day relative strength index (RSI) came at 64.75. A level below 30 is defined as oversold while a value above 70 is cons…

Reliance Power shares jump 13% today amid heavy trading volumes; here’s what you need to know

Shares of Suzlon jumped 7.41 per cent to Rs 10.15 on NSE. The stock saw 11,05,43,148 shares changing hands within the first hour of Wednesday’s trading, amounting to Rs 109.11 crore.

Reliance Power, JP Power, Mahindra CIE shares see high volumes; 5 Adani stocks lead turnover chart

Reliance Power share price: The counter’s 14-day relative strength index (RSI) came at 66.04. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company’s stock has a price-to-equity (P/E) ratio of 6.54. It has a price-to-book (P/B) value of 0.48.

Reliance Power shares jump 14% today amid heavy volumes; here’s why

Reliance Power has made a Rs 1,200 crore one-time settlement (OTS) proposal to the lenders of its subsidiary Vidarbha Industries Power Ltd (VIPL) to settle its debt, sources aware of the matter said.

Reliance Power offers Rs 1,200 cr to settle debt of Butibori power project

The OTS offer made by Reliance Power was supported by global alternate investment firm Varde Partners, said the report

Reliance Power offers Rs 1,200-cr settlement to lenders of Vidarbha Industries Power: Report

The outstanding loan of the company as on March 31, 2022, is around Rs 2,200 crore.According to sources, Reliance Power’s OTS offer is supported by Varde Partners of Singapore, which is already an investor in another group company, Reliance Infrastructure Ltd.

Reliance Power offers Rs 1,200 cr to settle debt of Butibori power project | The Financial Express

In September 2022, Reliance Power entered into an indicative memorandum of understanding with Varde Partners for availing debt of up to ₹1,200 crore for the settlement and discharge and/or acquisition and restructuring of certain financial debt availed by Reliance Power. In June 2021, Varde Partners…

Reliance Power proposes settlement of Rs 1,200 crore to Vidarbha Inds Lenders

Reliance Power Consolidated March 2023 Net Sales at Rs 1,729.84 crore, down 6.3% Y-o-Y

Total income of the company stood Rs 1,856.32 crore in the latest March quarter as against Rs 1,878.40 crore in the same period a year ago.

Reliance Power posts Rs 322 crore net profit in March quarter

Reliance Power on Wednesday reported a net profit of Rs 321.79 crore for the quarter ended March 2023.

Reliance Power posts Rs 322 crore net profit in Q4, total income declines

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Reliance Power Limited is engaged in the business of generation of power.