Overview

• Reliance Power’s shares jumped 7.98% to Rs62.80, marking a one-year high after gaining over 24% in three trading days.
• The company repaid Rs5,338 crore over the past year, cutting its debt-to-equity ratio from 1.61 in FY24 to 0.88 in FY25.
• Subsidiary Reliance NU Energies won a letter of award from SJVN Ltd for a 350 MW solar project coupled with a 175 MW/700 MWh battery energy storage system.
• Reliance Power formed a 50:50 joint venture with Bhutan’s Druk Holding and Investments to develop a 500 MW solar power project under a Build-Own-Operate model.
• Analysts from Angel One, Religare Broking and Anand Rathi set price targets of Rs65–68 and identify support levels around Rs52–54, advising trailing stop losses to protect gains.