Reliance Power stock, If you had thrown a dart and landed on Reliance Power shares five years ago, you’d be grinning ear to ear today. Why? Because the stock has delivered a mind-blowing 2,400% return over the past five years! That’s not just good—that’s a classic “I-wish-I-invested-sooner” story. But wait, it’s not just the long-term numbers that are sizzling. In the last three months alone, the stock jumped nearly 79%, and in just one month, a sweet 51%.
So, what’s going on? Is this a bubble waiting to burst, or are we looking at the next big thing in the energy sector? Let’s break it down.
Reliance Power: From Sleeper to Supernova
Remember when Reliance Power used to be just another name in the crowded energy space? Well, fast forward to 2025, and it’s making headlines, setting new highs, and wooing investors like never before. On June 4, the stock jumped 4% to touch a fresh 52-week high of ₹62.12, and this rally doesn’t seem like a fluke.
Its opening bell rang at ₹60.30 on the BSE, shot up to an intraday high of ₹63.39, and never looked back. So yes, this isn’t a one-day wonder—it’s a sustained climb.
What’s Behind the Boom? The Bhutan Solar Project Has Entered the Chat
Reliance Power stock, what lit the fire under RPower’s stock? Two words: Green Energy. Or more specifically, solar energy in Bhutan.
Reliance Power, via its subsidiary Reliance NU Energies, recently received a letter of award for a 350 MW solar project that includes a massive 175 MW/700 MWh Battery Energy Storage System (BESS) from SJVN. This project will boost the company’s solar DC capacity by 600 MW and BESS by 700 MWh—that’s no small feat.
But it doesn’t stop there.
They’re also collaborating with Green Digital Pvt Ltd, backed by the Royal Government of Bhutan’s investment arm, Druk Holding and Investments Ltd (DHI), to build Bhutan’s largest-ever solar project. The total planned capacity? A solid 500 MW.
And the price tag? A whopping ₹2,000 crores! This will be executed under a Build-Own-Operate (BOO) model, making it the largest private sector FDI in Bhutan’s solar sector to date. That’s one way to make a statement on the global energy stage.
Q4 Numbers: A Return to Profitability
Let’s shift gears and talk numbers.
In Q4 of FY25, Reliance Power surprised many by swinging back to profits. The company posted a consolidated net profit of ₹126 crore, a sharp turnaround from a ₹397.56 crore loss in the same quarter last year. What changed? Mostly a significant reduction in expenses.
On the flip side, revenue dipped slightly to ₹2,066 crore, down from ₹2,193.85 crore in Q4 of FY24. But hey, when you go from bleeding losses to actual profits, that’s a trade-off most investors will take.
What Are the Experts Saying? Let’s Decode the Market Mood
Reliance Power stock, With all the buzz, analysts have started weighing in—and the sentiment is cautiously optimistic.
Rajesh Bhosale of Angel One thinks the rally has strong legs. “RPower is at its highest in five years,” he says. “While prices may climb further in the short term, the stock looks overbought. Dips could be buying opportunities. Support lies at ₹56–₹57, resistance at ₹72.”
Translation? Don’t jump in blindly at the peak. If it pulls back, that might be your window.
Profit Booking Zone? Maybe. Short-Term Resistance Ahead
Riyank Arora from Mehta Equities believes the stock might hit a resistance wall at ₹65.
According to him, “The stock has had a huge rally. The current pause signals a potential short-term correction. If it can’t break ₹65 convincingly, we may see a dip toward ₹58–₹59. The momentum is still bullish, but traders need to be cautious.”
So, what should you do? Wait for a clean breakout above ₹65 before making your move, especially if you’re looking for short-term gains.
Cup and Handle Breakout? Yes, Please!
If you’re a chart-watcher, this bit is juicy. Anshul Jain from Lakshmishree Investments points out that after forming a 161-day cup and handle pattern, the stock broke out at ₹48 and ran up to ₹60.
Now, it’s in a healthy consolidation phase, and once that’s over, Jain sees ₹79 as the next logical target. “The stock structure is strong, and the momentum post-consolidation should be bullish,” he adds.
Should You Invest in Reliance Power Right Now?
Okay, time for the million-rupee question—Is now the right time to jump in?
Let’s weigh the pros and cons:
Pros:
- A 2400% return in five years isn’t a fluke—it signals strong investor confidence.
- Renewables are the future, and RPower’s Bhutan project could open more global doors.
- Q4 profit means fundamentals are improving.
Cons:
- The stock looks overbought in the short term.
- Resistance at ₹65 could trigger profit booking.
- Consolidation or correction is likely before the next leg up.
Reliance Power stock, if you’re a long-term investor with an eye on renewables and energy infrastructure, RPower looks like a promising bet. But if you’re in it for quick flips, tread carefully. Wait for either a breakout above ₹65 or a dip to ₹57–₹59 before you dive in.
Is Reliance Power the Tesla of India’s Energy Sector?
Alright, let’s not get carried away. But if there’s one thing the stock market teaches us—it’s that fortunes favor the forward-looking. Reliance Power is no longer a dusty relic of India’s energy past. It’s shaping up to be a serious player in its green future.
Will it be a long ride full of bumps? Sure. But if you’re up for the volatility, you might just be rewarded handsomely.
Still watching from the sidelines? This might be your cue to start paying attention.
What’s Next for Reliance Power? Bigger Bets on Clean Energy
The solar project in Bhutan is just the beginning. RPower’s pivot to green energy isn’t a PR gimmick—it’s a well-calculated move. With the Indian government and global investors pushing for cleaner energy, the company could be in the right place at the right time.
If RPower keeps up this pace—balancing financials and green initiatives—it could very well turn into a core portfolio stock for the ESG-conscious investor.
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Conclusion
Reliance Power stock, There’s no denying it—Reliance Power’s journey from a struggling energy player to a market darling is nothing short of a comeback story. With visionary projects, improved earnings, and bullish technicals, it has captured the attention of investors across the board.
That said, timing matters. Entering at resistance zones could burn short-term traders. So, play it smart. If you believe in the green revolution and RPower’s ability to ride it, you might want to keep a close watch—or even a buy trigger—set at the right technical levels.
