Reliance Power Shares Soar Over 12%: Here's Why the Stock is Rallying

For Reliance Power, investor sentiment has turned quite favourable for the company. The stock witnessed a double-digit surge of over 12% on the National Stock Exchange after the company announced strong Q4 figures.

For instance, Reliance Power reported a consolidated net profit of Rs 126 crore for the quarter ending March, compared to a loss of Rs 397 crore recorded in the corresponding quarter of the previous year. At 12:25 pm, the shares of the company were trading at Rs 43.42 price level, up by 12.34% on the National Stock Exchange.

However, the total income of the company witnessed a slight decline to Rs 2,066 crore in Q4FY25 from Rs 2,193 crore recorded in the same quarter of the previous year. Total expenses also witnessed a decline to Rs 1,998 crore from Rs 2,615 crore reported in the year-ago period.

What added to the overall optimism was a massive deal secured by its subsidiary firm Reliance NU Energies. The subsidiary won the largest allocation in SJVN’s tariff-based competitive bidding, winning 350 MW of solar generation capacity along with a 175 MW/700 MWh battery energy storage system (BESS).

"Once commissioned, the platform will add 600 MWp of installed solar PV capacity, and 700 MWh of energy storage to Reliance Power’s portfolio, consolidating its leadership in new energy solutions. The company’s total clean energy pipeline now stands at 2.5 GWp solar and >2.5 GWhr BESS, making it India’s largest player in the integrated Solar + BESS segment," Reliance Power said in a release.

Reliance Power share price

So far this year, the stock has struggled to remain in the green territory, experiencing a marginal decline of 2.57% to Rs 43.58 currently from Rs 44.73 price level (recorded in January).

However, in the last 6 months, Reliance Power stock has delivered a double-digit return of 13.55% on the NSE. The share price is still down by over 18% from its 52-week high of Rs 53.64.