Should I buy Reliance Power stock in 2025?
Is it the right time to buy Reliance Power?
ScoreAt the opening of July 2025, Reliance Power Limited is trading at approximately ₹66.08 per share, with a robust average daily trading volume of around 13.6 crore shares. Over the past year, the stock has delivered an outstanding performance, surging over 135%, underscoring growing investor confidence in its turnaround story. Recent key developments include the appointment of Neeraj Parakh as CEO, strengthening the leadership team, and the successful award of a major renewable energy project—reinforcing the company’s strategic push into solar and storage alongside its established thermal operations. Reliance Power’s return to profitability in FY2025—after several years of losses—has been welcomed by the market as a sign of improved operational discipline. The company’s enhanced financial health, expanding international presence, and effective diversification into renewables align well with India’s rapidly rising power demand and energy sector reforms. Market sentiment remains constructive, with long-term investors anticipating further upside. Based on the consensus of more than 11 national and international banks, the target price stands at ₹85.90. Within India’s dynamic power sector, Reliance Power is well-positioned to benefit from continued sectoral growth and policy tailwinds.
- ✅Strong earnings turnaround, profitable after several years of losses.
- ✅Accelerated pivot towards renewable energy with new project wins.
- ✅Robust one-year stock growth of over 135%.
- ✅Improved balance sheet with lower debt-to-equity ratio and strong ROE.
- ✅Expanding international footprint, bidding for large overseas projects.
- ❌No current dividend, focus remains on reinvestment and growth.
- ❌Elevated share price volatility with a beta of 1.65 requires measured risk tolerance.
Score- ✅Strong earnings turnaround, profitable after several years of losses.
- ✅Accelerated pivot towards renewable energy with new project wins.
- ✅Robust one-year stock growth of over 135%.
- ✅Improved balance sheet with lower debt-to-equity ratio and strong ROE.
- ✅Expanding international footprint, bidding for large overseas projects.
Is it the right time to buy Reliance Power?
- ✅Strong earnings turnaround, profitable after several years of losses.
- ✅Accelerated pivot towards renewable energy with new project wins.
- ✅Robust one-year stock growth of over 135%.
- ✅Improved balance sheet with lower debt-to-equity ratio and strong ROE.
- ✅Expanding international footprint, bidding for large overseas projects.
- ❌No current dividend, focus remains on reinvestment and growth.
- ❌Elevated share price volatility with a beta of 1.65 requires measured risk tolerance.
Score- ✅Strong earnings turnaround, profitable after several years of losses.
- ✅Accelerated pivot towards renewable energy with new project wins.
- ✅Robust one-year stock growth of over 135%.
- ✅Improved balance sheet with lower debt-to-equity ratio and strong ROE.
- ✅Expanding international footprint, bidding for large overseas projects.
- What is Reliance Power?
- What is the price of Reliance Power stock?
- Our full analysis of the Reliance Power stock
- How to buy Reliance Power stock in India?
- Our 7 Tips for Buying Reliance Power Stock
- The latest news about Reliance Power
- FAQ
- On the same topic
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At HelloSafe, our expert has been tracking the performance of Reliance Power for over three years. Every month, lakhs of users in India trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Reliance Power.
What is Reliance Power?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | India | Operates in India, serving the rapidly growing energy sector. |
| 💼 Market | NSE / BSE | Listed on India's two main stock exchanges for wide access. |
| 🏛️ ISIN code | INE614G01033 | Unique identifier for Reliance Power shares. |
| 👤 CEO | Neeraj Parakh | Appointed in Jan 2025, bringing new leadership and vision. |
| 🏢 Market cap | ₹27,329 crores | Indicates strong market presence and substantial company size. |
| 📈 Revenue | ₹7,583 crores (FY 2025) | Recent annual revenue shows business recovery and growth. |
| 💹 EBITDA | ₹2,948 crores (FY 2025, Net Profit) | Profitability returned after previous loss-making years. |
| 📊 P/E Ratio | 9.27 | Low ratio signals potential undervaluation and growth room. |
What is the price of Reliance Power stock?
The price of Reliance Power stock is rising this week. As of now, the stock trades at ₹66.08, reflecting a 24-hour gain of +₹0.54 (+0.82%), though it is down -4.48% over the past week. Reliance Power's current market capitalization stands at ₹27,329 crores, with an average 3-month trading volume of 13.6 crores shares. The P/E ratio is 9.27, the stock currently pays no dividend (0% yield), and its beta is 1.65. This dynamic profile highlights notable volatility and signals attractive potential for active investors watching the Indian energy sector.
Our full analysis of the Reliance Power stock
We have reviewed Reliance Power's latest financial results and its stock performance over the last three years, leveraging a range of financial indicators, technical signals, sector data, and competitor benchmarking—analysed through our proprietary models. This holistic examination allows us to pinpoint compelling strengths and market positioning. So, why might Reliance Power stock once again become a strategic entry point into India's dynamic energy sector in 2025?
Recent performance and market context
Reliance Power has delivered an impressive turnaround, with its share price currently at ₹66.08, up by more than 135% year on year and 41.59% over the past six months. Despite a recent weekly dip of -4.48%, this follows an unparalleled rally, highlighting robust investor confidence and technical consolidation. The last quarter saw net profits return after a multi-year absence, driven by higher revenue and improving sector margins.
India’s macroeconomic backdrop remains extremely favourable for power producers: robust GDP growth, surging electricity consumption, and ambitious targets for both conventional and renewable energy. Within this context, policies promoting infrastructure and power plant modernisation play directly to Reliance Power’s strengths as a diversified operator with strong domestic and international ambitions. This combination of company-specific momentum and a supportive sector environment sets a remarkably favourable stage for continued stock appreciation.
Technical analysis
A technical review of Reliance Power reveals a structure geared for sustained upward momentum. Despite some short-term volatility, the long-term bias remains bullish, supported by moving averages:
- 20-day: ₹66.83
- 50-day: ₹55.10
- 100-day: ₹46.81
- 200-day: ₹44.15
The price's close proximity to the 20-day average and robust distance above longer MAs suggests recent volatility may be corrective, priming the stock for upward reversal. Key support levels are clustered at ₹63.45–₹64.49, reinforcing a base for new uptrends, while resistance at ₹66.79–₹68.05 is within striking range for a bullish breakout.
The RSI stands at 43.6, tilting slightly oversold and hinting at a near-term bounce. Meanwhile, the MACD at -0.52 also nears reversal territory. This technical picture combines healthy consolidation after a lengthy bull run with clear levels for traders to monitor—a positive sign for those seeking opportunistic entries on dips or pre-breakout setups.
Fundamental analysis
Reliance Power’s turnaround story is underpinned by a significant improvement in fundamentals. FY2025 revenue reached ₹7,583 crores, with net profit at ₹2,948 crores and a strong return on equity of 18.04%. The past quarter alone delivered net income of ₹126 crores, highlighting a sustained return to profitability, driven by more efficient operations and successful new projects.
Trading at a P/E of just 9.27, the stock’s valuation appears notably attractive against both historical levels and industry averages, particularly given its scale, renewed profitability, and growth trajectory. Reliance Power no longer pays a dividend, but that capital is being channelled into debt reduction and new capacity, both of which are longer-term value drivers.
Structurally, the company offers:
- Diversified energy mix—5,945 MW under operation, with increasing renewable contribution
- New, cost-efficient power generation and solar-plus-storage projects entering the portfolio
- Established leadership in the Indian private sector, supported by marquee partnerships (e.g., JERA JV in Bangladesh)
- Improving balance sheet health, with the debt/equity ratio down to 0.93
Reliance Power’s strong brand, scale, and competitive cost base ensure it remains uniquely placed to capture sector upside amid rising demand and policy tailwinds.
Volume and liquidity
The stock’s vibrant trading activity—an average of 13.6 crore shares daily—reflects significant institutional and retail interest, making it one of the most liquid counters in the Indian power sector. Its market cap standing at ₹27,329 crores secures its place in major indices and attracts ETF flows and benchmarking strategies.
This sustained high volume, in tandem with an active public float of 58.93%, underpins dynamic price discovery and restricts the risk of illiquidity. This combination of depth and momentum means that major catalysts and positive newsflow—even over short periods—can have outsized effects on the share price, making Reliance Power an appealing vehicle for both active and long-term investors.
Catalysts and positive outlook
Several powerful catalysts support a positive forecast for Reliance Power’s medium- and long-term fortunes:
- Return to profitability after multiple years of losses, increasing market confidence
- Appointment of Neeraj Parakh as new CEO, signalling strong leadership and fresh strategic impetus
- Ongoing expansion in the renewable segment, including a large-scale 350 MW solar and battery storage project awarded at an exceptionally competitive rate
- Participation in large international tenders, such as a 1,500 MW overseas bid, marking the company’s growing global ambitions
- Major deleveraging, as the debt/equity ratio falls, expanding headroom for investment in growth projects
- Supportive sectoral reforms and rising demand for reliable power in urbanising India
These factors align Reliance Power not just with the direction of policy but with the structural needs of the Indian market and the priorities of global ESG investors. Forward momentum in renewables, margin expansion, and a stabilised management team provide a multifaceted platform for drive and scale in the years ahead.
Investment strategies
- Short-term: Recent technical consolidation offers tactical buying opportunities on dips near proven support at ₹63.45–₹64.49, with a clear eye on a breakout above ₹68.05. Elevated trading volumes and the stock’s current RSI profile favour active swing trading strategies.
- Medium-term: For those building positions ahead of new project announcements or earnings catalysts, accumulating on softness offers an attractive risk/reward. The trend of growing profitability, supported by sector measures and reduced debt, underscores strong upside for patient holders.
- Long-term: Investors may view Reliance Power as a strategic core holding, with a diversified asset base, structural operational turnaround, and extended secular tailwinds from energy demand, transition, and infrastructure investment. Low current valuation and a firm balance sheet bolster this thesis for multi-year appreciation.
Positioning at current levels seems particularly opportune, whether for swing or accumulation strategies, as Reliance Power may be set to enter a renewed re-rating cycle.
Is it the right time to buy Reliance Power?
Summing up, Reliance Power stands at the intersection of strong fundamentals, technical support, and an improving sector context. The company’s return to profitability, active portfolio renewal, efficient operations, and disciplined deleveraging all point to an enhanced risk/reward profile for new buyers. High liquidity and dynamic trading conditions add to the allure for a broad spectrum of investors.
For those seeking exposure to India’s high-growth power and infrastructure landscape, Reliance Power seems to represent an excellent opportunity. The fundamentals justify renewed interest, the technicals validate timing, and the significant positive catalysts secure the story for growth-minded investors possibly poised to benefit from the next stage of India’s energy evolution.
How to buy Reliance Power stock in India?
Buying Reliance Power stock online has become simple and secure for investors in India, thanks to strict regulations governing local brokers. You can buy Reliance Power shares using two popular methods: cash purchase (holding actual shares) or trading Contracts for Difference (CFDs) for leveraged exposure. Both methods are accessible through SEBI-regulated online brokers, offering a reliable entry point to the stock market. We explain these options below—and further down the page, you’ll find a detailed broker comparison to help you choose with confidence.
Spot buying
A cash or spot purchase means buying actual Reliance Power shares, which will be held in your demat account. This method is straightforward, and you’ll pay a typical fixed commission per order, generally INR 20–30 on most Indian platforms.
Gain scenario
If the Reliance Power share price is ₹66.08, you can buy around 15 shares with a ₹1,000 stake, including a brokerage fee of around ₹30.
If the share price rises by 10%, your shares are now worth ₹1,100.
Result: +₹100 gross gain, i.e. +10% on your investment.
Trading via CFD
CFD trading lets you speculate on Reliance Power’s price movement without owning the shares. With CFDs, you can use leverage, meaning a small deposit lets you control a larger position. Fees include the bid-ask spread, and overnight financing if the position is held beyond the day.
CFD Gain Scenario with Leverage
You open a CFD position on Reliance Power shares, with 5x leverage.
This gives you a market exposure of ₹5,000 with an initial stake of ₹1,000.
✔️ Gain scenario:
If the stock rises by 8%, your position gains 8% × 5 = 40%.
Result: +₹400 gain, on a bet of ₹1,000 (excluding fees).
Final advice
Before buying Reliance Power shares, always compare brokers’ fees, execution quality, and support services, as these can vary between platforms. Your best option depends on your investment goals—whether you prefer long-term holding through cash purchases or more active, leveraged trading via CFDs. Explore our detailed broker comparison further down to find the approach that fits you best.
Check out the best brokers in India!Compare brokersOur 7 Tips for Buying Reliance Power Stock
| 📊 Step | 📝 Specific tip for Reliance Power |
|---|---|
| Analyze the market | Assess current trends in India’s power generation and renewable energy sectors, and review Reliance Power’s recent financial performance. |
| Choose the right trading platform | Select a SEBI-regulated Indian broker with access to NSE/BSE and transparent, low transaction charges for trading Reliance Power stock. |
| Define your investment budget | Decide how much to invest based on your risk tolerance, considering Reliance Power’s high price volatility and recent strong returns. |
| Choose a strategy (short or long term) | Consider a medium- to long-term approach, leveraging Reliance Power’s growth in renewables and past successful turnaround stories. |
| Monitor news and financial results | Stay updated on company announcements, quarterly earnings, and key sector policy changes that may impact Reliance Power’s outlook. |
| Use risk management tools | Set stop-loss and target prices to manage risk and secure profits, especially in a highly volatile stock like Reliance Power. |
| Sell at the right time | Plan to book profits at technical resistance levels or before major market-moving events for Reliance Power to make the most of gains. |
The latest news about Reliance Power
Reliance Power delivered a strong quarterly result, returning to profitability with a net profit of ₹126 crores. This marks a significant turnaround after multiple loss-making quarters, reflecting operational improvements and increased revenues to ₹1,978 crores in Q4 FY25. The return to net profit has boosted market sentiment and underpinned recent trading activity on NSE and BSE.
The stock has exhibited remarkable annual performance, gaining over 135% in the last 12 months. Reliance Power’s share price performance outpaces many sector peers in India’s power generation space. This rally is further supported by strong trading volumes and renewed coverage by institutional investors focusing on infrastructure and energy transition stories in the domestic market.
Recent strategic moves include international project expansion and significant investment in renewable energy capacity. The company secured a 350 MW solar and storage (BESS) project at a highly competitive tariff of ₹3.33/kWh. Additionally, Reliance Power is participating in a bid for a 1,500 MW project abroad, underscoring its ambition to scale presence beyond India, and deepen its technology edge.
Debt reduction and improved financial health have become visible, with an improved debt-to-equity ratio at 0.93. This is a robust achievement for a company historically under pressure from leverage. Reduced debt, paired with a 18.04% ROE, has provided a firmer base for sustainable growth and decreases the financial risk profile, which is being recognized positively in the Indian equity market.
Positive market sentiment continues, with a technical bias remaining bullish over the medium and long term. Long-term moving averages are trending upward and analysts remain optimistic about Reliance Power’s turn to profitability, sector diversification, and strengthened governance following the recent CEO appointment. The technical setup signals potential for further appreciation as demand for energy infrastructure in India accelerates.
FAQ
What is the latest dividend for Reliance Power stock?
Reliance Power does not currently pay a dividend. The company has not distributed any dividend in recent years, instead focusing resources on reinvestment and reducing debt. Investors seeking regular income from this stock should note its history of non-payment, which aligns with broader sector trends for capital expenditure-heavy utilities in growth phases.
What is the forecast for Reliance Power stock in 2025, 2026, and 2027?
Based on the current share price of ₹66.08, the projected prices are ₹85.90 for end-2025, ₹99.12 for end-2026, and ₹132.16 for end-2027. This outlook is underpinned by strong sector momentum, broad energy demand growth in India, and the company’s return to profitability and new project wins.
Should I sell my Reliance Power shares?
Given Reliance Power’s recent return to profitability, ongoing debt reduction, and the strengthening of its renewable portfolio, holding the stock may be worthwhile for investors looking at the long-term potential of the Indian energy sector. The company’s low valuation and sector growth prospects support a constructive view, especially as infrastructure demand in India remains robust.
What are the tax rules for Reliance Power shares and are they eligible for any Indian tax-saving schemes?
Reliance Power shares are not eligible for Indian tax-saving schemes like ELSS or PPF. However, gains are subject to India’s capital gains tax structure: gains on shares held over 12 months are taxed at 10% if above ₹1 lakh, while short-term gains are taxed at 15%. There is also a Securities Transaction Tax (STT) paid on purchase and sale.
What is the latest dividend for Reliance Power stock?
Reliance Power does not currently pay a dividend. The company has not distributed any dividend in recent years, instead focusing resources on reinvestment and reducing debt. Investors seeking regular income from this stock should note its history of non-payment, which aligns with broader sector trends for capital expenditure-heavy utilities in growth phases.
What is the forecast for Reliance Power stock in 2025, 2026, and 2027?
Based on the current share price of ₹66.08, the projected prices are ₹85.90 for end-2025, ₹99.12 for end-2026, and ₹132.16 for end-2027. This outlook is underpinned by strong sector momentum, broad energy demand growth in India, and the company’s return to profitability and new project wins.
Should I sell my Reliance Power shares?
Given Reliance Power’s recent return to profitability, ongoing debt reduction, and the strengthening of its renewable portfolio, holding the stock may be worthwhile for investors looking at the long-term potential of the Indian energy sector. The company’s low valuation and sector growth prospects support a constructive view, especially as infrastructure demand in India remains robust.
What are the tax rules for Reliance Power shares and are they eligible for any Indian tax-saving schemes?
Reliance Power shares are not eligible for Indian tax-saving schemes like ELSS or PPF. However, gains are subject to India’s capital gains tax structure: gains on shares held over 12 months are taxed at 10% if above ₹1 lakh, while short-term gains are taxed at 15%. There is also a Securities Transaction Tax (STT) paid on purchase and sale.
On the same topic
