Market Performance
Reliance Power's share price surged sharply by 10.53% on Tuesday, June 10, reaching a new 52-week high on the BSE.
- Opening Price: ₹65.56
- Previous Close: ₹64.55
- Intraday High: ₹71.35
This sharp-up move occurred despite a muted market session, reflecting strong buying interest.
Main News
The recent rally in Reliance Power's share price has pushed the stock up by:
- 20% in June 2025 so far
- 45% in May 2025
- 68% year-to-date (YTD)
- 174% in the past 12 months
The stock has consistently gained momentum over the last few months, drawing attention from market participants.
Company Details
Reliance Power's rising stock performance is driven by improved financial results and strategic developments.
One of the key developments includes the award received by its subsidiary, Reliance NU Energies Private Limited, from SJVN Limited on May 28. The award pertains to a large-scale renewable energy initiative involving:
- 350 MW ISTS-connected solar power project
- Coupled with a 175 MW/700 MWh Battery Energy Storage System (BESS)
This move aligns with the company's ongoing commitment to clean energy projects and infrastructure expansion.
Financial Performance (Q4FY25)
Net Profits
- Q4FY25: ₹125.57 Crore (Profit)
- Q4FY24: ₹397.56 Crore (Loss)
This marks a significant turnaround from year-on-year losses to profits.
Revenue
- Q4FY25: ₹1,978.01 Crore
- Q4FY24: ₹1,996.65 Crore
- YoY Decline: ~1%
While revenue dipped slightly, the improvement in profitability has played an essential role in boosting investor sentiment.
Summary
Reliance Power's share price has demonstrated a robust uptrend, climbing over 10% in a day and more than 60% in just over a month. The company's financial recovery in Q4 FY25, successful project acquisition through its subsidiary, and its 52-week high price have made it a prominent player in the current market narrative of the power sector.
As the stock continues to reflect investor interest, Reliance Power remains in focus due to its strong performance and clean energy initiatives.
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