Reliance Power Ltd (BSE: RPOWER) shares traded positively on April 15, 2025, climbing 4.65% to ₹41.90 as of 10:18 AM. The stock opened at ₹40.06, matching its previous close, and surged to an intraday high of ₹42.25.
With a volume-weighted average price (VWAP) of ₹41.57, the stock showed strong upward momentum within its 20% daily price band, which ranges from ₹32.04 to ₹48.04.
This upward movement comes amid improving investor sentiment and follows a recovery from its 52-week low of ₹23.26, though still below its 52-week high of ₹54.25.
As per news reports a recent strategic developments signal a turnaround for the company. Previously burdened by heavy debt from aggressive expansion plans and hampered by delays, governance issues, and coal supply challenges, the company is now showing signs of recovery.
A key driver of this shift has been its ongoing efforts to pare down debt—most notably after the sale of Reliance Capital to IndusInd International Holdings (IIHL).
In the September 2024 quarter, Reliance Power posted a net profit of ₹2,878 crore, primarily due to an exceptional gain of ₹3,000 crore from the deconsolidation of its subsidiary, Vidarbha Industries Power Limited (VIPL).
Read More: NTPC to Add 30 GW Thermal Power by 2031-32 Amid Rising Demand.
Reliance Power’s recent share price movement, coupled with updates on its debt reduction and financial reporting, has drawn attention from market participants. The company’s actions, such as deconsolidation and asset sales, reflect ongoing changes in its financial strategy.
These developments, along with recent quarterly disclosures, remain points of interest for those tracking the company’s performance.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Apr 15, 2025, 11:46 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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