Reliance Power soars 10% to 52-week high, delivers over 68% return this year; here’s why

Reliance Power shares are in the spotlight today. Anil Ambani-led company’s stock rose 10.3% intraday, hitting a fresh 52-week high of ₹71.33 on the NSE. As of 12:30 pm, the stock traded 8.1% higher at ₹69.8 apiece.

Reliance Power stock has delivered a substantial return to its investors so far this year. The stock has risen over 68% in 2025, while its current market capitalisation stands at ₹29,574 crore

The recent rally in the stock follows positive developments, including a letter of award (LOA) received by its subsidiary, Reliance NU Energies, from state-run SJVN Ltd for a 350-MW solar power project integrated with a 175-MW/700 MWh Battery Energy Storage System (BESS). Reliance Power subsidiary secured the project through competitive bidding at a fixed tariff of ₹3.33 per kWh for 25 years.

In the March quarter, Reliance Power reported a consolidated net profit of ₹126 crore, a significant turnaround from a net loss of ₹398 crore in the same quarter last year. Total revenue for the quarter stood at ₹1,978 crore.

EBITDA jumped 1,109% to ₹589.8 crore in the fourth quarter compared to ₹48.8 crore in the corresponding period in the previous fiscal. EBITDA margin stood at 29.8% in the March quarter, as compared to 2.4% in the corresponding period in the previous fiscal.

In FY25, Reliance Power's debt-to-equity ratio has improved significantly to 0.8:1 from 1.61:1 in FY24. The recent rally in the stock prices comes on the back of robust quarterly earnings, new order wins and successful execution of its orderbook.