- Live Price (as of mid-morning): ₹64.45, up ~0.66% intraday Yahoo Finance+6INDmoney+6The Economic Times+6
- Today’s Range: ₹63.68 – ₹64.67 Investing.comThe Economic Times
- Previous Close: ₹64.02 The Economic Times+2Yahoo Finance+2Equity Pandit+2
- 52‑Week Range: ₹25.75 – ₹76.49 Moneycontrol+9INDmoney+9The Economic Times+9
- Market Cap: Approx ₹26,500 crore The Economic Times
- Valuation Metrics:
- P/E: ~8.6–8.9× The Economic TimesINDmoney
- P/B: ~1.6–2.2× The Economic TimesINDmoney
🚀 Q1 FY26 Performance Snapshot
- Net Profit: ₹44.68 crore, recovering from a year‑ago loss of ₹98 crore Moneycontrol+7INDmoney+7The Financial Express+7
- Revenue from Operations: ₹1,885 crore, down 5.35% YoY The Financial Express
- EBITDA: ₹565 crore; Debt-to-equity ratio dropped to ~0.43—the lowest in its peer group The Financial Express
- Fundraising Plans: Board approved up to ₹6,000 crore via QIP/FPO and ₹3,000 crore via debt to support growth INDmoney+2The Financial Express+2The Economic Times+2
📊 What’s Driving the Stock Today
- Strong Q1 comeback: Profit turnaround and debt reduction has restored investor confidence The Financial Express
- Fundraising clarity: Planned ₹9,000 crore infusion—₹6K crore equity, ₹3K crore debt—signals proactive strategy The Financial Express+1INDmoney+1
- Technical momentum: Short-term bullish trend observed after dry run corrections; expected support near ₹63 and resistance around ₹66.
🛠 Key Metrics & Technical Levels
| Metric | Value |
|---|---|
| Support | ₹63.00 – ₹63.68 |
| Resistance | ₹66.00 – ₹66.85 |
| 52‑Week High/Low | ₹76.49 / ₹25.75 |
| P/E Ratio | 8.6–8.9× |
| P/B Ratio | 1.6–2.2× |
🧠 Investor Insights
- Short-term traders: The breakout above ₹64 could open a move toward ₹66+. Watch for entry near support (₹63) and exits around near-term highs (₹66.50–67).
- Long-term investors: With restructuring underway and strong fundamentals returning (profit, debt reduction), this might be a medium-term accumulation opportunity. Look for fallbacks to around ₹60 for better entry.
❓ Top FAQs
Q1. Why is the share price rising?
🔹 Q1 turnaround to profit and lowest‐ever debt ratio post‑fundraising announcement have sparked the rally .
Q2. How much is the market cap?
🔹 Around ₹26,500 crore, based on a ₹64/share price and ~414 crore shares outstanding The Economic TimesINDmoney.
Q3. Is the current price expensive?
🔹 Not really. Valuation remains attractive with P/E under 10×; short‑term momentum could push it higher.
Q4. Any red flags?
🔹 Revenue is still contracting; fundraising may dilute equity; policy changes in power sector can impact.
Q5. What’s the outlook?
🔹 If Q2 continues the profit trend and fundraising aids capacity/restructuring, stock may challenge ₹70 levels.
✅ Final Take
Reliance Power is marking a solid recovery post-Q1, overcoming past losses with a strong bottom line and smart capital restructuring. Trading near ₹64.45, the stock offers a bullish short-term setup with robust fundamentals. For long-term investors, monitor execution on fundraising and sector dynamics—this could be a value play ahead of the next growth phase.
