RELIANCE POWER LTD.RELIANCE POWER LTD.RELIANCE POWER LTD.

RELIANCE POWER LTD.

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RELIANCE POWER LTD. stock forum


RPOWER
Rpower posted stellar results today after which the stock spide by 9% at market open.
Although there was a slight decline in revenue yoy but the company's net profit increased by 358% percent from last quarter.
This company's financial health is improving steadily and company is focusing on debt reduction, this company also has many subsidiaries for eg Rosa power.
The power sector looks promising for coming 3 to 4 years and I personally have rpower and various power companies in portfolio, you must have risk exposure to this sector, it could do wonders in the next years.
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RPOWER RPOWER Target 172 in 12 Months BUY and forget !!

RPOWER if it break Strong resistance @33.14 and 34.15 then there is a bull run
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RPOWER

I think it will be good Risk Reward Ratio with Stop of 9 Rs
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