Debt 20 k Cr Market Cap 8 k Cr ROE minus 11.8% ROCE plus 3.42% 3 years cash flow positive 11 k cr
Daily RSI 52 weekly and monthly above 60
if sustain above 25 then expected level 39
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need to cross 25 and sustain
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keep track moving
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boom
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bhag raha hai ye to
expected level 39
trail @ 20
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ye to jocky leke aaya hai
first level 39 then cross hold it
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my expected level 65
when it become debt free then only possible
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Good News...
RELIANCE POWER: CO BECOMES DEBT FREE ON STANDALONE BASIS, CLEARS PENDING DUES - BUSINESS STANDARD
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need to sustain above 34.35
then more upside
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need to sustain above 34.35
then more upside
Note
need to sustain above 34.35
then more upside
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now need to cross 38 and sustain
we can do pyramiding
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now next expected level 65
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almost 73% ROI from buying level
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𝗥𝗲𝗹𝗶𝗮𝗻𝗰𝗲 𝗣𝗼𝘄𝗲𝗿 : Big Turnaround Story
Reliance Power's subsidiary Rosa Power prepays Rs 850 Crores debt to Varde Partners. The prepayment brings Rosa Power closer to achieving zero debt, following its parent company's debt-free status.
Reliance Power subsidiary Rosa Power, which operates a 1,200 MW coal based thermal power plant in Rosa village near Shahjahanpur, Uttar Pradesh.
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