Anil Ambani’s Reliance Power Hits 5% Lower Circuit; Stock Crashes 50% in Six Months, Wiping Out Half of Investor Wealth

Shares of Reliance Power Ltd came under heavy selling pressure on Monday, hitting the 5% lower circuit as broader market weakness weighed on sentiment. The stock declined 5.05% to ₹22.76 on the NSE, reflecting continued volatility in the counter.The sharp fall adds to the pain for shareholders, as the stock has tumbled nearly 50% over the past six months. From significantly higher levels during its recent rally phase, Reliance Power has corrected steeply, eroding investor wealth and dampening short-term sentiment around the Anil Ambani-led company.

In the last six months alone, the stock has fallen 50.78%, translating into a drop of ₹23.48 per share. Investors who entered the stock during its previous upward momentum are now sitting on substantial losses, as sustained selling and weak market cues have dragged prices lower. he 52-week high for Reliance Power shares stands at ₹76.49.Reliance Power shares have fallen over 90% from their historic levels.

On May 23, 2008, the stock was trading at ₹274.81. As of March 2, 2026, it has dropped to ₹22.76. Despite the recent decline, the long-term performance of the stock remains impressive. Reliance Power has delivered stellar returns of over 757% in the past five years and more than 126% gains over the last three years, significantly rewarding long-term investors who stayed invested through market cycles.