Reliance Power soars again! Anil Ambani’s stock rallies for second week – Relief or Real Revival?

Reliance Power shares surged for two weeks, gaining 13.5% after strong Q3FY25 results. Anil Ambani’s firm posted a ₹41.95 crore profit, reversing a ₹1,136.75 crore loss from the previous year. Investors reacted positively, driving the stock from ₹36.71 to ₹41.72 on the NSE.

Market experts see a turnaround. The company improved its debt-to-equity ratio from 1.61:1 to 0.86:1 and cleared all bank debt. Its subsidiary, Reliance NU Suntech, secured a 930 MW solar-plus-battery project, set to be Asia’s largest. This move strengthened its renewable energy position and boosted investor confidence.

Analysts predict further gains. If Reliance Power breaks the ₹44 resistance, it may reach ₹51. However, failing to cross that mark could push the stock down to ₹40 or ₹36.50, where buying interest may re-emerge.

Reliance Power’s improved balance sheet, rising stock price, and focus on clean energy signal long-term potential. Yet, experts warn that sustaining growth in future quarters will be key.