Reliance Power Surges Nearly 4%, Doubles In Value Over Three Months

Mumbai, June 10, 2025: Reliance Power Ltd (NSE: RPOWER) witnessed a strong upward move in Tuesday’s early trading session, gaining 3.98% to reach ₹67.19 as of 10:00 a.m., marking a rise of ₹2.57 from its previous closing price. During the session, the stock touched a fresh 52-week high of ₹67.50, reflecting renewed investor confidence and continued optimism around the broader sectoral trends.

Further, as of 12:27 PM IST on June 10, shares of Reliance Power Ltd were trading at ₹69.85, marking a sharp rise of ₹5.23 or 8.09% for the day. The stock opened at ₹65.69, reached a session low of ₹65.35, and surged to a new 52-week high of ₹71.33. This marks a significant upward movement in today’s session. The company’s market capitalisation stood at ₹28.77K crore, while the P/E ratio was reported at 9.98. The scrip continues to show strong intraday price momentum.

Massive Three-Month Rally

In the past three months, Reliance Power has shown remarkable growth, soaring by 95.2%—from ₹34.42 in early March to ₹67.19 currently. This sharp uptrend aligns with the broader rally in power and infrastructure stocks, buoyed by favourable government policies and the positive impact of the recent RBI repo rate cut, which has improved overall market liquidity and investor sentiment.

Heavy Trading and Strong Market Participation

By mid-morning, the stock had recorded a traded volume of 975.82 lakh shares, translating to a traded value exceeding ₹649 crore. The Volume Weighted Average Price (VWAP) stood at ₹66.57, highlighting consistent buying momentum throughout the session.

Despite the surge, the stock continues to remain under the Short-Term Additional Surveillance Measure (ST ASM-1) category, which flags elevated market monitoring due to high volatility or unusual trading activity.

Market Depth and Volatility Indicators

Market order book data indicates strong interest from both buyers and sellers, with buy quantity at 83.62 lakh shares and sell quantity at 120.67 lakh shares. This suggests potential near-term resistance as the price approaches key technical levels.

The daily volatility was noted at 3.68%, while the annualised volatility remains significantly high at 70.31%, indicating persistent price swings.

Circuit Limits and Price Band

The stock’s price band for the trading day is capped at 20%, with an upper circuit limit set at ₹77.54 and a lower circuit at ₹51.69. These regulatory bands are designed to protect against extreme price movements and ensure orderly trading.

Key Stock Metrics (As on June 10, 2025)

Company Overview and Market Outlook

Reliance Power Ltd, listed since February 2008, is a constituent of the NIFTY ENERGY index and focuses on operations within the Power Generation space. The stock has consistently attracted attention from both retail and institutional investors.

As the counter nears its upper circuit level, investors are closely watching to see if the rally can maintain its pace or if the stock experiences some degree of profit booking at current highs.

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

Disclaimer:  At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations