Reliance Power shares climb 5% on foraying into AI and allied technology space; all you need to know

According to a regulatory filing, the firm stated that it undertook “certain enabling steps” to incorporate AI and related technology-driven activities within its business framework, through its subsidiaries.

“We wish to inform that Reliance Power Limited (the Company), as a step to participate in the rapidly evolving field of Artificial Intelligence (AI) and allied new-age technologies, has, through its subsidiaries, undertaken certain enabling steps to incorporate AI and related technology-driven activities within its business framework,” the filing read.

Reliance Power has incorporated “relevant objects” covering the AI and technology-enabled services, including adopting new names for its subsidiaries, it stated.

The new names of the subsidiaries are Reliance AI Green Power Private Limited, Reliance AI Power Private Limited, Reliance AI Data Control Private Limited, and Reliance AI Data C Private Limited.

Reliance Power stock performance

Shares of Reliance Power jumped as much as 4.8% to hit an intraday high of ₹25.30 per unit on the National Stock Exchange (NSE) on Tuesday.

The scrip eventually settled 2.90% higher at ₹24.84 per equity share. The stock has lost more than 3% in the past week and 10% over the month. On a year-to-date basis, it has fallen 28%.

While the share hit a 52-week high of ₹70.90 on July 1, 2025, it touched a year’s low of ₹20.17 on March 30, 2026.

Q4 results

The firm reported a consolidated net loss of ₹494 crore in the fourth quarter of the 2025-26 financial year (Q4 FY26), compared with a profit of ₹125.57 crore in the corresponding quarter of the preceding year.

Its revenue from operations declined % year-on-year (YoY) to ₹1,887.26 crore during the quarter under review, as against ₹1,978.01 crore in the January-March quarter of the 2024-25 fiscal year (Q4 FY25).

Reliance Power has a total market capitalisation of ₹10,264.98 crore as of June 30, 2026, according to data on the NSE.