Shares of Reliance Power Ltd. rose over 1 per cent on after the board approved the constitution of a Board of Management (BoM) to strengthen governance. Shares of the company snapped a six day losing streak after giving multi bagger returns to investors. The counter has fallen 4.5 per cent this year, compared to a 10.5 per cent advance in the benchmark Nifty 50. Reliance Power has a total market capitalisation of ₹16,840.86 crore. .The stock opened at ₹37.00, with the day’s high reaching ₹37.53 and the low touching ₹36.83. The last traded price (LTP) stood at ₹37.15 as of 09:44:43 IST, marking a day change of 1.59% relative to the previous close of ₹37.04.
The shares have also witnessed a surge among potential buyers The break in the six-day losing streak could have triggered renewed buying interest, while the stock’s price hovering near the ₹37 mark might be attracting short-term traders seeking momentum plays. Reliance Power reported a net profit of Rs 87.32 crore in Q2FY26, compared to a loss of Rs 352 crore in Q2FY25.
The company’s debt-to-equity ratio stood at 0.87, one of the lowest in the industry. The company also serviced debt worth Rs 634 crore during the quarter, underscoring its continued focus on reducing leverage. Its net worth at the end of Q2FY26 stood at Rs 16,516 crore.The EBITDA rose 64% year-on-year to Rs 618 crore from Rs 376 crore in Q2FY25. Total income for the quarter increased to Rs 2,067 crore from Rs 1,963 crore in Q2FY25.Its networth, during the reporting quarter, stood at ₹16,516 crore.