Anil Dhirubhai Ambani Group
Anil Ambani’s company Reliance Power is once again in the headlines. Recovering from difficult times, the company has prepared for its next big step. On Wednesday, the company’s board gave the green signal to the mega scheme to raise Rs 6,000 crore. This decision was taken in the board meeting held after the market was closed, whose information has been given to the stock exchange. The company is making a strategy to take its business to new heights with this fund. Will this plan open the way for Reliance Power’s shares to become a multibagger?
6,000 crore mega funding plan
Reliance Power is gearing up for his next growth phase. The company has decided to raise Rs 6,000 crore in qualified Institutional Placement (QIP) and other ways. Apart from this, the board has also approved the release of secured or unsecured, redimable, non-convertible debenture (NCD) up to Rs 3,000 crore. These debentures will be released in private placements or other methods in one or more installments. The company may soon share its business strategy, in which the entire outline of the use of this fund will be revealed.
Stormy boom in shares, 130% returns
Reliance Power shares have rich investors in recent times. On Wednesday, the stock rose by 2.40% to close at Rs 66.09. The company’s market cap has reached Rs 27,330 crore. In the last 6 months, the stock has given a spectacular return of 60%, while in the last one year it has become a multibagger with a rise of 130%. During this time, BSE Sensex and Nifty gave a return of 2.5% and 2.4% respectively, compared to which Reliance Power has been performing far better. In the year 2025, this stock has given a return of 48% so far.
Debt reduction, book value improves
Reliance Power has also succeeded in strengthening his financial health. The company’s date-to-equity ratio has been reduced by 0.93, which is much better than before. Along with this, the book value of the company has also reached Rs 40.7 per share, which is attractive to investors against the current share price of Rs 66. The company has also recently received some new orders, which has further strengthened its growth. Reliance Power is planning to raise funds by issuing equity shares or equity instruments to eligible institutional buyers (QIB). This fund will be used for the company’s business expansion and investment in new projects.
This stock has the ability to become a multibagger
This mega fundamental plan of Reliance Power has increased the enthusiasm among investors. Market experts say that the company’s better financial status, debt deficiency and order share of new projects can further air. However, on Wednesday, the stock also saw a little correction, but in the long term, this stock has the ability to become a multibagger. Investors should monitor the progress of the company’s business strategy and projects.
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