On Monday, buying and selling exercise remained elevated, with 1,654.71 lakh shares price Rs 996.13 crore altering palms on the exchanges, indicating continued investor curiosity. The inventory has now gained 56.8% during the last six months and 147% previously 12 months.
The rally follows Friday’s sharp leap of almost 16% when the shares hit a 52-week excessive of Rs 60.5 on the NSE, additionally supported by heavy volumes.
Reliance Energy’s positive aspects have been underpinned by its current announcement on Could 28 that its subsidiary, Reliance NU Energies, secured a Letter of Award (LOA) for a 350 MW inter-state transmission system (ISTS)-connected solar energy undertaking coupled with a 175 MW/700 MWh Battery Vitality Storage System (BESS) from SJVN, a Navratna public sector enterprise.
Reliance NU Energies had earlier emerged because the profitable bidder within the public sale for the undertaking at a hard and fast tariff of Rs 3.33/kWh for 25 years.
“The undertaking was half of a bigger 1,200 MW photo voltaic + 600 MW/2,400 MWh BESS tender, which attracted participation from 19 builders, with 18 qualifying for the ultimate e-reverse public sale. The tender was oversubscribed by greater than 4 instances, reflecting heightened trade curiosity in dispatchable renewable power options,” the corporate mentioned.The undertaking will add 600 MW of photo voltaic DC capability and 700 MWh of BESS capability to Reliance Energy’s portfolio. With this, the corporate now has a clear power pipeline of two.4 GW of Photo voltaic DC and over 2.5 GWh of BESS capability.“The undertaking reinforces Reliance Energy’s strategic dedication to renewable power management, whereas delivering sustainable worth creation throughout stakeholders. It marks a big milestone within the firm’s strategic imaginative and prescient to transition towards cleaner power sources and play a pivotal function in shaping the nation’s sustainable power future,” the corporate added.
Firm’s financials
For the January–March quarter of FY25, Reliance Energy reported a consolidated internet revenue of Rs 126 crore, reversing a lack of Rs 397.56 crore in the identical interval final 12 months. This turnaround was primarily pushed by a steep discount in bills, which dropped to Rs 1,998.49 crore from Rs 2,615.15 crore a 12 months earlier, whilst income fell barely to Rs 2,066 crore.
For the total 12 months, the corporate posted a internet revenue of Rs 2,947.83 crore, in comparison with a lack of Rs 2,068.38 crore in FY24.
Reliance Energy additionally mentioned it accomplished debt servicing of Rs 5,338 crore over the previous 12 months, together with maturity repayments, bringing down its debt-to-equity ratio to 0.88:1 in FY25 from 1.61:1 in FY24.
Technicals
From a technical perspective, Reliance Energy shares are at present buying and selling above all key transferring averages — from the 5-day to the 200-day easy transferring common — indicating bullish momentum.
The Relative Energy Index (RSI) stands at 76.9, putting the inventory in overbought territory and probably signalling a pullback. In the meantime, the MACD is at 3.4 and stays above each the centre and sign line, reinforcing the continuing bullish pattern.
Shareholding construction
As of Could 7, 2025, promoters held 24.98% of Reliance Energy’s shares. Overseas institutional buyers (FIIs) held 12.87%, mutual funds 0.37%, and different establishments 16.1%.
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(Disclaimer: Suggestions, recommendations, views and opinions given by the consultants are their very own. These don’t symbolize the views of the Financial Occasions)
