Reliance Power Share Price: Reliance Power, led by Anil Ambani, is creating a lot of buzz in the stock market. On Monday, its share price rose nearly 8% to a new 52-week high of ₹ 62.80 per share, on the BSE. This is the third consecutive session of gains for the stock, with trading volumes being strong. The mood in the market remains positive, especially after the win of a large renewable energy project.
Strong gains and strong trading activity
The stock has shown another surge after gaining 11% in the previous session, taking its total growth to 21% in the last one week. But the real highlight is its trading volume which was around 61 crore shares traded on Monday, which is double the one-week average (27 crore shares) and almost five times the one-month average (13 crore shares). These figures show that investors’ confidence in Reliance Power is now gradually increasing and they have high expectations from the company’s growth.
Renewable Energy Project Fuels Rally
On May 28, 2025, Reliance Power made a big news that created a stir in the market. The company’s subsidiary, Reliance NU Energies Private Limited, has won a 350 MW solar power project from SJVN (a Navratna Central PSU) that will be connected to the Inter-State Transmission System (ISTS). It also includes a 175 MW/700 MWh Battery Energy Storage System (BESS).
The project, when completed, will add 600 MW of solar DC capacity and 700 MWh of BESS storage to Reliance Power’s portfolio. With this win, the company’s clean energy pipeline now stands at over 2.4 GW of solar DC and over 2.5 GWh of BESS capacity, making it India’s largest player in the integrated solar and BESS segment.
The most interesting thing is that this project has been acquired for 25 years at a fixed tariff of ₹ 3.33 per unit, which shows Reliance Power’s strong hold in the renewable energy sector.
After this news, the company’s shares saw a tremendous rally, as investors feel that Reliance Power has now become a big player in the green energy game!
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Reliance Power’s share price is continuously rising. It has given a gain of 53% in the last 1 month, while if we look at the 3-month return, this stock has seen a tremendous jump of 85%. There has been a gain of 38% so far this year (YTD), and in the last 1 year it has become a multibagger and has given a return of 151% to the investors. Talking about the long term, it remains the strongest performer among the stocks of the ADAG group by giving a great return of 370% in 2 years and 2,800% in 5 years.
Technical view: Possibility of further growth
Technically, Reliance Power is still seeing bullish movement. According to Anshul Jain, Research Head, Laxmishree Investments, the stock has recently broken the 33-week “cup and handle” pattern on the weekly chart, which is usually indicating a big uptrend. The trading volume during this breakout was 8 times more than the 50-day average, which shows strong investor interest.
Jain said, “The stock is holding above the breakout level. If it corrects around ₹ 48 or consolidates in this zone, it could be a good opportunity for new buyers.” According to technical analysts, the next target is up to ₹ 65, and in the near future it can also reach ₹ 79.
Market Outlook and Investor Caution
At 12:40 pm on Monday, Reliance Power shares were trading 6.52% higher at ₹61.95 per share on the BSE. The company’s strong fundamentals and growing presence in the renewable energy sector have raised expectations among investors. However, as with any investment, experts advise caution and recommend consulting certified financial advisors before making any decisions.
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Why is interest in Reliance Power growing?
Reliance Power’s focus on clean energy and wins in strategic projects have made it a key player in India’s renewable energy sector. The company has recently won large orders such as the 350 MW Solar + BESS project, which shows its commitment to sustainable growth. It also aligns with India’s renewable energy targets. As the company expands its clean energy portfolio, it remains an attractive option for investors in the green energy sector.
Disclaimer: The views expressed by analysts are their own and do not represent those of this publication. Investors are advised to consult with certified financial experts before making investment decisions.
