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Reliance Power Stock Hits 10-Year Peak After Q4 Profit Turnaround

The shares climbed 11% to Rs 71.35 after the company reported its first quarterly profit in over a year.

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Overview

  • Reliance Power posted a consolidated profit of Rs 125.57 crore in Q4FY25, reversing a Rs 397.56 crore loss in the same quarter last year.
  • Shares rallied 11% on June 10 to a decade-high of Rs 71.35 on the BSE, marking a 174% gain over the past year.
  • Reliance NU Energies secured a letter of award for a 350 MW solar project and a 175 MW/700 MWh battery energy storage system from SJVN Limited.
  • Analysts at Angel One recommend buying on dips, citing Rs 56–57 as a strong support range and identifying Rs 72 as near-term resistance.
  • Some technical analysts caution that failure to clear Rs 65 resistance could trigger a short-term consolidation toward the Rs 58–59 support zone.