Reliance Power Up Over 52 Per Cent In One Month As Stock Extends Gains - Know Why

Reliance Power Share Price Today: Shares of Reliance Power extended gains for the third straight day on June 2, 2025 to hit a 52-week high of Rs 62.80 apiece. Reliance Power share price has rallied over 52 per cent on the NSE in a month. Notably, this surge in share price comes amid a decline in the market with the Sensex trading lower by 463.58 points or 0.57 per cent at 80,987.43, and the Nifty trading lower by 136.50 points or 0.55 per cent at 24,614.20 at the time of writing.

Here’s a look at some key factors which are contributing to the rally in Reliance Power’s shares:

Strong Trading Volume

At the time of writing, 255.98 million shares of Reliance Power worth Rs 1,556.63 crore changed hands on the NSE, indicating high investor interest. The significant investor interest follows the high trading activity previously seen on May 30, 2025.

Reliance Power's Recent Order Wins

On May 28, 2025, Reliance Power informed the exchanges that its subsidiary, Reliance NU Energies, has received a Letter of Award (LoA) from the state-owned power generation company, SJVN. The LoA received by the company is for an inter-state transmission system (ISTS)-connected solar power project, plus a battery energy storage system (BESS) project.

As a part of the project, Reliance NU Energies will set up a 350 MW ISTS-connected solar power project coupled with a 175 MW/700 MWh BESS.

The company added that the project will add 600 MW of solar DC capacity, and 700 MWh of BESS capacity to Reliance Power’s portfolio once the project is commissioned.

Reliance Power also mentioned in the release that it has now become the largest player in the integrated Solar-plus BESS sector in India.

Notably, the company has a total clean energy pipeline of 2.40 GW of Solar DC capacity and over 2.50 GWH of BESS capacity. Reliance NU Energies also became the winning bidder at an auction conducted by SJVN securing a project at a fixed tariff of Rs 3.33/kWh for 25 years, the company said in its release.

“Reliance NU Energies had earlier emerged as the successful bidder in the competitive auction conducted by SJVN, securing the project at a fixed tariff of Rs 3.33/kWh for a period of 25 years. The project was part of a larger 1,200 MW solar + 600 MW/2,400 MWh BESS tender, which attracted participation from 19 developers, with 18 qualifying for the final e-reverse auction,” the company said.

Reliance Power Q4 Results

Reliance Power’s consolidated profit for the March quarter of FY 2024-25 stood at Rs 125.57 crore, tripling or growing nearly 200 per cent compared to Rs 41.95 crore in the December quarter of FY 2024-25.

In the March quarter of the preceding fiscal, Reliance Power posted a net loss of Rs 397.56 crore. The company turned profitable in FY 2024-25 as its net profit stood at Rs 2,947.83 crore compared to a net loss of Rs 2,068.38 crore.

Reliance Power Turns Debt-Free

The company informed the exchanges that it has completed a debt servicing of Rs 5,338 crore over the past 12 months. The debt servicing includes maturity repayments, and bringing down its debt-to-equity ratio to 0.88:1 in FY25 compared to 1.61:1 in the preceding fiscal.

Earlier in September 2024, Reliance Power had informed the exchanges that it became debt-free after undertaking major debt restructuring exercises.

Notably Reliance Power became debt free on a standalone basis after exiting its subsidiary, Vidarbha Industries Power (VIPL) by settling dues. The company’s standalone debt reduced to nil in September 2024, compared to Rs 17,812 crore in June 2024.

Reliance Power Share Price History

Reliance Power has surged over 148 per cent on the NSE in a year. On a year-to-date (YTD) basis, the stock has gained over 43 per cent. In six months, Reliance Power shares has gained over 50 per cent, and in five days, the stock has climbed over 21 per cent.

At the time of writing, the shares of Reliance Power were trading at Rs 61.74 apiece, up by 6.27 per cent on the NSE.