Home LATESTNEWS Reliance Power Stock Jumps 10% to 52-Week High After Q4 Profit Surge and Major Solar Project Win
Reliance Power Stock Jumps 10% to 52-Week High After Q4 Profit Surge and Major Solar Project Win

Reliance Power Stock Jumps 10% to 52-Week High After Q4 Profit Surge and Major Solar Project Win

By June 10, 2025

 

Reliance Power Shares Soar 10% to 52-Week High on Strong Q4 Results and Solar Project Win

Reliance Power share price surged over 10 per cent on Tuesday, June 10, hitting a 52-week high of ₹71.35 during intraday trade on the BSE, despite a lacklustre market. The stock opened at ₹65.56, up from its previous close of ₹64.55, and jumped 10.53 per cent, reflecting strong investor confidence.

This year, the stock has delivered a remarkable 68 per cent return, with a staggering 174 per cent gain over the past 12 months. On a monthly scale, Reliance Power shares have risen over 20 per cent in June, following a 45 per cent surge in May, driven by the company’s robust Q4 results and positive growth outlook.

Reliance

For Q4FY25, Reliance Power reported a consolidated profit of ₹125.57 crore, a significant turnaround from a ₹397.56 crore loss in Q4FY24. However, consolidated revenue from operations dipped marginally by 1 per cent year-on-year to ₹1,978.01 crore from ₹1,996.65 crore in the same quarter last year.

Adding to the momentum, Reliance Power’s subsidiary, Reliance NU Energies Private Limited, secured a letter of award (LOA) from SJVN Limited on May 28 for a 350 MW inter-state transmission system (ISTS)-connected solar power project, paired with a 175 MW/700 MWh battery energy storage system (BESS). This contract with a Navratna Central Public Sector Enterprise underscores Reliance Power’s growing presence in the renewable energy sector.

The combination of strong financial performance and strategic project wins has fueled the recent traction in Reliance Power’s stock, positioning it as a standout performer in the power sector.