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Reliance Home Finance Shares Soar 68% in 15 Days, Locked in Upper Circuit at ₹5.55

By Ankur Chandra | Published at: Jun 3, 2025 09:54 AM IST

Reliance Home Finance Shares Soar 68% in 15 Days, Locked in Upper Circuit at ₹5.55
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MUMBAI | June 3, 2025 – Reliance Home Finance Ltd (NSE: RHFL) has emerged as a surprise outperformer on the bourses, with its stock surging over 68% in just 15 trading sessions. On Tuesday, the counter was locked at the 5% upper circuit of ₹5.55, its highest permissible trading limit for the day.

Key Highlights of the 15-Day Rally

The stock rallied from ₹3.29 on May 22, 2025, to ₹5.55 on June 3, 2025, marking a steep rise of ₹2.26, or +68.7%, during the period.

Date Closing Price (₹)
22-May-2025 3.29
03-Jun-2025 5.55 (Upper Circuit)
Change +68.7%

This rise has been fuelled largely by momentum buying despite the absence of material corporate developments. The stock has now touched the 52-week high zone of ₹5.83 (hit on 30-Sep-2024), narrowing the gap to just 5% from the peak.

Key Stock Metrics (As on June 3, 2025)

Metric Value
Current Market Price ₹5.55
Previous Close ₹5.29
52-Week High ₹5.83
52-Week Low ₹2.15
Price Band 5%
P/E Ratio (Symbol) 10.11
Adjusted P/E 84.76
ASM Status Stage 1 Surveillance

Despite the sharp uptrend, the stock remains under ASM (Additional Surveillance Measure) Stage 1, indicating regulatory scrutiny due to elevated volatility and trading concentration.

Order Book and Demand Surge

The order book on June 3 shows zero sellers and a buy quantity exceeding 1.41 crore shares at ₹5.55, indicating strong speculative demand with no supply pressure.

Financial Performance Snapshot

Reliance Home Finance’s financial health remains under pressure. The company reported March 2025 quarter income of just ₹0.19 lakh with a net loss of ₹68.81 lakh.

Quarter Ended Total Income (₹ Lakh) Net Profit/Loss (₹ Lakh) EPS (₹)
31-Mar-2025 0.19 -68.81 -0.01
31-Dec-2024 31.24 -191.76 -0.04
30-Sep-2024 667.23 2,721.65 0.56
30-Jun-2024 17.71 -43.73
31-Mar-2024 17.81 -674.88 -0.14

Only Q2 FY25 showed a meaningful profit, likely due to exceptional or one-time items.

Investor Outlook

While the recent surge in RHFL’s share price has captured short-term market attention, the fundamentals remain fragile. With consistent losses and regulatory tagging under ASM Stage 1, investor caution is advised.

The stock may continue to attract retail momentum traders in the near term, but long-term participants should weigh the financial stress and surveillance constraints before entering.

REF: https://www.nseindia.com/get-quotes/equity?symbol=RHFL

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