Reliance Power’s shares have been on a strong upward trend, closing positive for the past four consecutive weeks. Continuing this momentum, the stock surged to a new 52-week high on June 5.
Investor optimism soared following a major renewable energy order win by its subsidiary, which secured a Letter of Award for a large solar power project paired with battery storage. This development significantly expands Reliance Power’s clean energy portfolio and reinforces its leadership in the sector.
Reliance Power’s subsidiary, Reliance NU Energy Pvt., secured a Letter of Award from SJVN Ltd. for a 350 MW inter-state transmission-connected solar power project, paired with a 175 MW/700 MWh Battery Energy Storage System (BESS).
This addition will contribute 600 MW of solar DC capacity and 700 MWh of battery storage capacity to Reliance Power’s clean energy portfolio.
With this latest order, the company’s total clean energy pipeline now stands at 2.4 GW of solar DC capacity and over 2.5 GWh of BESS capacity, strengthening its position in the renewable energy sector.
Reliance Power’s stock price recently hit a fresh 52-week high of ₹63.39 on the BSE on June 5, 2025, marking a rally of over 50% in just one month. The stock opened at ₹60.30 and traded within a range of ₹59.93 to ₹63.39, with a volume-weighted average price (VWAP) of ₹62.11.
The company’s market capitalisation stands at ₹25,468.63 crore, with a free-float market cap of ₹18,934.70 crore. Despite a modest earnings per share (EPS) of ₹0.16 and a return on equity (ROE) of 0.71%, the stock’s price-to-earnings (PE) ratio is high at 386.13, reflecting strong investor interest.
Classified under the power generation sector, Reliance Power continues to attract attention as it trades actively with a total traded quantity of 136.87 lakh shares and a turnover of ₹85.02 crore.
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Reliance Power’s recent order win and sustained share price momentum highlight its growing footprint in the renewable energy sector. The company’s expanding clean energy portfolio and active market presence underscore its strategic focus, reflecting ongoing investor interest in its future prospects.
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Published on: Jun 5, 2025, 10:42 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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