Reliance Power Share Price Jumps Over 14% Amid Strong Market Action

Market Performance

The Reliance Power share price lit up the stock market today, rallying over 14% in a single session. The stock surged as high as ₹50.70 per share on the BSE, catching the eye of investors tracking the energy sector.

What stood out wasn’t just the price move — it was the volume. Nearly 6 crore shares of Reliance Power changed hands across exchanges.

That’s almost three times its one-week average volume and significantly higher than its one-month average of 2 crore shares.

This surge in volumes signals a strong burst of market activity and growing investor participation in the stock.

Main News

The sudden spike in Reliance Power share price came amid heightened interest around group developments. Earlier this week, the company disclosed that it ad received a Show Cause Notice from SEBI.

The notice was linked to Reliance Infrastructure Limited’s exposure in CLE Private Limited for an alleged violation of SEBI regulations.

However, Reliance Power was quick to clarify its position — it has no connection or exposure to the said company.

In its official filing dated October 6, Reliance Power stated clearly:

“The Company has ZERO exposure to CLE Private Limited. The Company shall take appropriate steps in the matter, as legally advised.”

The statement was aimed at reassuring investors and maintaining transparency amid the regulatory buzz.

Company Details

Reliance Power, part of the Anil Ambani-led Reliance Group, continues to stay in focus for its performance and market movement. Despite fluctuations in the short term, the company’s longer-term journey has been remarkable.

Here’s how the Reliance Power share price has moved across different timeframes:

• 1 Month: Up 3%
• 3 Months: Down 25%
• 6 Months: Up 24%
• Year-to-Date (YTD): Up 8%
• 2 Years: Up 171%
• 5 Years: A massive 1,642% return

Such a multiyear rally makes Reliance Power one of the notable turnaround stories among smallcap stocks, even with its near-term volatility.

Summary

In summary, the Reliance Power share price soared more than 14% on the BSE, powered by unusually high trading volumes. The company clarified that it had no exposure to CLE Private Limited, addressing SEBI’s notice promptly and firmly.

While the short-term chart shows some dips, the broader performance over the past few years reveals substantial growth — transforming the stock into a long-term outperformer in the stock market today.

With volumes surging and clarity from management, Reliance Power continues to stay under the market’s spotlight for all the right reasons.