Reliance Power Share has surged nearly 15% today after market opening. This is mainly because Reliance Group subsidiary inked a partnership with Bhutan’s Druk Holding and Investments to develop the country’s largest solar power project worth Rs 2,000 cr.
Reliance Power Share Price in The Market Today
As of today, 23 May 2025, Reliance Power Share price is at Rs 51.16. The stock is already up by 14.73%. It opened at Rs 45 today and touched a high of Rs 53.10. The current UC limit is at Rs 53.50, and the LC limit is at Rs 35.67. The total market capitalization is around Rs 21,208 Crores.
Company Financials
Reliance Power is back in the game! The company posted a net profit of Rs 126 crore in the March quarter, flipping from a loss last year. For the full year, it made a solid Rs 2,947 crore profit—a huge turnaround. Thanks to better cost control and smoother operations, the stock looks healthier than before. Its P/E ratio is 7.48, and the market cap has crossed Rs 21,000 crore. Things are definitely looking up!
Recent News About Reliance Power
- Reliance Power is making waves with its new solar project in Bhutan. Teaming up with Druk Holding and Investments, they’re launching a massive 500 MW solar plant worth Rs 2,000 crore. This is Bhutan’s biggest private solar deal ever! The project will run on a Build-Own-Operate model and boost Reliance Power’s clean energy portfolio to 2.5 GWp solar and 2.5 GWh battery storage.
- This move shows Reliance Power’s green ambitions and its growing bond with Bhutan. It’s a smart play that puts them front and center in India’s solar and battery energy scene.
Reliance Power Share Price Target
Trademind suggested the Reliance Power Share price at Rs 70.26 to Rs 82 by the end of 2025. Some other analysts suggest a target of Rs 70 by the year-end.
Recommendation on Buy or Sell
Reliance Power is catching some buzz, but experts are playing it cool. Some technical signals show the stock could climb soon, making it tempting for risk-takers to buy on dips. But others suggest a bit of caution, especially for short-term traders.
Disclaimer: All the information shared in this article is for informational purposes only. Any recommendations mentioned are made by individual analysts or experts. India Hood does not recommend Buying or Selling, nor will she be responsible. Investors are strongly advised to consult with certified experts before making any investment decisions.
