Latest news with #RPower
India.com
30-06-2025
- Business
- India.com
Anil Ambani's megaplan to do this business in foreign, bids for…, shares skyrocket by…
Anil Ambani's Reliance Power Ltd is planning to set up a 1,500-MW gas-based power project overseas and is actively participating in several international tenders for its development, according to sources. Sources said, Reliance Power has submitted competitive bids for gas-based power projects in Kuwait, UAE, and Malaysia as part of its selective global expansion strategy. The company has recently secured two mega power projects in Bhutan – a 500-MW solar project and a 770-MW hydropower project. Based on the outcome of the ongoing international bids, Reliance Power plans to relocate two 750 MW modules of world-class equipment currently in its possession in India. Reliance Power Share Climb Shares of Reliance Power have been consistently performing well. This year, so far, the shares of R Power have registered a growth of up to 60%. In the last five days, there has been a surge of 10%, and in the last six months, the shares have risen by up to 40%. Over the past year, the company's shares have surged by 140%. Over the last five years, Anil Ambani's company's shares have delivered returns of up to 1500%. During this period, its price has climbed from Rs 4.45 to its current levels. What Is Reliance Power's Plan? The proposed project is expected to create significant value in Reliance Power's balance sheet, as the company aims to realise up to Rs 2,000 crore through the monetisation of these assets. When contacted, a Reliance Power spokesperson confirmed the company's participation in global tenders. Originally, the company had imported three modules of 750 MW world class equipment from General Electric, USA, for a gas-based combined cycle power project, out of which one module was exported to Bangladesh for an LNG based power project in partnership with Japan's JERA. Now, Reliance Power intends to deploy the remaining two modules for a similar project at an overseas location. The demand for gas-based power – widely regarded as a clean energy source – is significantly high in countries such as Kuwait, the UAE, and Malaysia. (With Inputs From PTI)
News18
10-06-2025
- Business
- News18
Reliance Power Soars 11%, Up 174% In A Year – Will The Rally Sustain?
Last Updated: Reliance Power Share Price: Shares of Reliance Power surged on Tuesday, hitting a fresh 10-year high RPower Share Price: Shares of Reliance Power surged on Tuesday, hitting a fresh 10-year high of Rs 71.35, as they rallied 11 per cent on the BSE in intra-day trade amid heavy volumes. At this price, the stock has soared nearly 68 per cent so far in 2025 and 174 per cent over the past year. In June alone, it has gained more than 20 per cent following a 45 per cent surge in May. The recent momentum in this power stock has been driven by its robust Q4 earnings and a positive outlook. For the March 2025 quarter (Q4FY25), Reliance Power reported a consolidated profit of Rs 125.57 crore, reversing a loss of Rs 397.56 crore in the same period last year (Q4FY24). However, consolidated revenue from operations dipped slightly by nearly 1 per cent to Rs 1,978.01 crore from Rs 1,996.65 crore a year earlier. Meanwhile, Reliance Power's subsidiary, Reliance NU Energies Private Limited, on May 28 received a letter of award (LOA) from SJVN Limited—a Navratna Central Public Sector Enterprise—for a 350 MW inter-state transmission system (ISTS)-connected solar power project, along with a 175 MW/700 MWh battery energy storage system (BESS). Reliance Power growth opportunities According to the National Electricity Plan, India plans to add around 80 gigawatts (GW) of new coal-based thermal power capacity by 2031–32 to meet growing electricity demand. In its FY24 annual report, Reliance Power highlighted that this renewed focus presents growth prospects for thermal power players. Rising electrification, higher per-capita power consumption, and the adoption of electric vehicles (EVs) are expected to drive demand. India also aims to achieve 500 GW of non-fossil capacity by 2030 as part of its energy transition. 'In the near term, prices may continue to rise, but given the overbought conditions, buying on dips would be ideal. Rs 56-57 appears to be strong support, while Rs 72 is seen as resistance," Bhosale said. Further, Riyank Arora, Technical Analyst at Mehta Equities, observed that Reliance Power share price is showing signs of profit-booking after the recent rally, with major resistance at Rs 65. 'Reliance Power has seen a significant run-up, and the current pause suggests a short-term consolidation or mild correction. If it fails to break above Rs 65, we may see selling pressure pushing it back towards the Rs 58–59 support zone. While momentum remains positive, traders should be cautious near resistance. Fresh entry is only recommended on a decisive breakout above Rs 65 with strong volume," Arora explained. Disclaimer:Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Hans India
10-06-2025
- Business
- Hans India
Reliance Power Shares Surge Nearly 10% as Reliance Infrastructure Remains Steady
Shares of Reliance Power (RPower) rose sharply on Tuesday morning, climbing 9.87% on the NSE, reaching ₹71 by 10:37 AM. The stock touched a high of ₹71.33 in early trading, showing strong investor interest. Meanwhile, Reliance Infrastructure shares traded mostly flat. Although the stock gained around 3% earlier in the day, it later stabilised, showing little further movement. Both companies are part of the Anil Ambani-led Reliance Group, and their shares are in focus today. Traders are keeping a close watch on the Reliance Power share price and Reliance Infrastructure share price for further signals. There has been growing attention on RPower shares, Reliance Infra, and other Anil Ambani Group stocks, as investors monitor market trends and live updates.
Mint
05-06-2025
- Business
- Mint
2400% gain in five years: Reliance Power share price delivers multibagger returns. Should you buy?
R Power share price: Shares of Reliance Power jumped 4% to touch a fresh 52-week high on Thursday's session. R Power share price surged by 5.45%, hitting a peak of ₹ 62.12 in trading on Wednesday. At that peak, the stock was only 1.08% below its one-year high of ₹ 62.80, which was recorded just a few days earlier on June 2. Reliance Power share price today opened at ₹ 60.30 apiece on the BSE, the stock touched an intraday high of ₹ 63.39 per share, and an intraday low of ₹ 59.93 apiece. R Power share price has experienced significant growth, rising more than 2,400% over the last five years. It has surged nearly 79% in just three months and approximately 51% in the past month. Recently, Reliance Power announced that its subsidiary, Reliance NU Energies, has been awarded a letter for a 350 MW solar power project, which includes a 175 MW/700 MWh Battery Energy Storage System from SJVN. When operational, this project will enhance Reliance Power's portfolio by adding 600 MW of solar DC capacity and 700 MWh of BESS capacity, thereby reaffirming its position as a leader in new energy solutions, according to a company statement. In addition, Reliance Power has established a commercial term sheet for a long-term power purchase agreement with Green Digital Pvt Ltd, which is owned by Druk Holding and Investments Ltd, the investment branch of the Royal Government of Bhutan. Reliance Power and Druk Holding and Investments Ltd (DHI) plan to jointly construct Bhutan's largest solar power project through a partnership with an equal share, targeting an installed capacity of 500 MW, as indicated by a company statement. The project will require an investment of up to ₹ 2,000 crores under a Build-Own-Operate (BOO) model, making it the largest private sector foreign direct investment (FDI) in Bhutan's solar energy field so far. In the January-March quarter of FY25, Reliance Power reported a consolidated net profit of ₹ 126 crore, attributed to reduced expenses. The company had experienced a loss of ₹ 397.56 crore during the quarter that ended on March 31, 2024, according to a regulatory filing. Total revenue fell to ₹ 2,066 crore in the most recent fourth quarter, down from ₹ 2,193.85 crore in the same quarter last year. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, R Power share price has seen massive run from the May month swing low and is at highest point in the last five years, this recent upmove has been backed with strong volumes. In near term prices may extend upmove however considering the overbought conditions, dips would be ideal to enter longs, ₹ 56 - 57 seems strong support whereas ₹ 72 as resistance.
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Business Standard
02-06-2025
- Business
- Business Standard
Rel Infra, RPower: Time to buy, sell or hold Anil Ambani group stocks?
Technical chart suggests that these 2 Anil Ambani group shares - Reliance Infrastructure and Reliance Power can potentially rally another 25% from here on; here are the key levels to watch out for. Rex Cano Mumbai Listen to This Article Shares of Anil Ambani group firms - Reliance Infrastructure and Reliance Power ended the May month with robust gains, up 30.3 per cent and 45.3 per cent, respectively. Further, both the stocks - Reliance Infrastructure (Rel Infra) and Reliance Power (RPower) have started June on an optimistic note. RPower today surged to a fresh 7-year high, and its share price has more-than-doubled from the March month low of ₹31.27 on the National Stock Exchange (NSE). READ MORE In the process, RPower stock is now seen trading above its 200-Month Moving Average (200-MMA) for the second straight
