Reliance Power shares surged into the spotlight on Tuesday, June 10, as the Anil Ambani-led company’s stock soared 10.3% intraday, reaching a fresh 52-week high of ₹71.33 on the NSE. By 12:30 pm, the stock was trading 8.1% higher at ₹69.8 apiece, reflecting robust investor interest and strong momentum in the power sector.
The stock’s rally has been remarkable throughout 2025, delivering over 68% returns to investors since the start of the year. Reliance Power’s current market capitalisation now stands at approximately ₹29,574 crore, underscoring its growing stature among Indian power companies.
A key driver behind the recent uptrend has been the positive news flow surrounding the company’s clean energy initiatives. The most notable development was the letter of award received by its subsidiary, Reliance NU Energies, from state-run SJVN Ltd. The award pertains to a 350-MW solar power project integrated with a 175-MW/700 MWh Battery Energy Storage System (BESS). Secured through a competitive bidding process, the project will operate at a fixed tariff of ₹3.33 per kWh for 25 years, marking a significant win for Reliance Power in the renewable energy space.
Financial performance has also played a critical role in boosting market sentiment. In the March quarter, Reliance Power reported a consolidated net profit of ₹126 crore, a dramatic turnaround from a net loss of ₹398 crore in the same period last year. Total revenue for the quarter stood at ₹1,978 crore, reflecting stability despite a slight year-on-year dip.
The company’s operational efficiency saw a remarkable improvement, with EBITDA jumping 1,109% to ₹589.8 crore in the fourth quarter, compared to just ₹48.8 crore a year earlier. The EBITDA margin expanded to 29.8% in the March quarter, up from 2.4% in the previous fiscal’s corresponding period. This surge in profitability highlights the company’s success in cost management and execution of its order book.
Reliance Power’s balance sheet has also strengthened considerably. The debt-to-equity ratio improved to 0.8:1 in FY25, down from 1.61:1 in FY24, reflecting prudent financial management and a focus on deleveraging.
The recent rally in Reliance Power’s share price is attributed to a combination of robust quarterly earnings, major order wins in the renewable sector, and improved financial health. The stock has not only outperformed the broader market but also delivered significant value to its shareholders over the past year.
With a strong pipeline of projects, improved profitability, and a sharper focus on clean energy, Reliance Power remains a key player to watch in India’s evolving power sector. As investor confidence grows, the company’s shares are likely to remain in focus in the coming sessions.
