Reliance Power shares surged up to 18.66% during Friday’s trading session on May 23, 2025, hitting an intraday high of ₹52.90 per share, driven by robust volumes and a major international renewable energy deal.
Reliance Power Stock Performance
As of 1:23 PM, Reliance Power was trading at ₹52.29, up 17.29%, while the BSE Sensex gained 1.05% at 81,802.05. The stock saw an extraordinary uptick in trading activity, with:
- 24.23 million shares worth ₹120.80 crore traded on BSE
- 282.43 million shares worth ₹1,410.25 crore exchanged hands on NSE
Major Trigger: Bhutan Solar Power Deal
The stock’s rally was fuelled by the announcement of a ₹2,000 crore joint venture between Reliance Power and Druk Holding and Investments (DHI) of Bhutan. Key highlights:
- Development of Bhutan’s largest 500 MW solar power project
- Executed under a 50:50 BOO (Build-Own-Operate) model
- Marks Bhutan’s biggest private sector FDI in solar to date
- Long-term Power Purchase Agreement (PPA) signed with Green Digital Private Limited, a DHI subsidiary
This move not only strengthens Reliance Power’s renewable energy portfolio but also showcases its international ambitions in the clean energy sector.
Reliance Power Q4FY25 Results: Strong Profit Recovery
Reliance Power posted a consolidated net profit of ₹126 crore in Q4FY25, a significant recovery from a net loss of ₹397.5 crore in the same quarter last year. Though revenue dipped to ₹2,066 crore (from ₹2,193.8 crore YoY), the profit surge was mainly due to:
- Sharp reduction in expenses to ₹1,998.49 crore (from ₹2,615.15 crore)
- Cost optimization and improved efficiency across its business segments
Why Investors Are Bullish
- Strategic Global Expansion: Entry into Bhutan’s solar sector signals future growth in clean energy.
- Improved Financial Health: Return to profitability reflects effective management and restructuring.
- High Trading Volumes: Indicates strong market interest and institutional participation.