Anil Ambani’s Reliance Power Shares Jump by 3% Ahead of Q3 Results Today

Shares of Anil Ambani’s Reliance Power share price rose over 3% on Friday's session ahead of its Q3 results today. Reliance Power is set to release its Q3 results (Q3FY26) on Friday, January 30, 2026. The company  reported a net profit of ₹87 crore for the quarter that ended on September 30, driven by an increase in revenue.Reliance Power share price today opened at ₹27.79 apiece on the BSE, the stock touched an intraday high of ₹28.70, and an intraday low of ₹27.09 per share.

Experts believe Reliance Power shares has corrected sharply by over 65% in just 33 weeks, reflecting sustained distribution and breakdown of higher-timeframe structure. The stock is now deeply oversold, setting the stage for a technical dead cat bounce rather than a trend reversal. The company shares came under pressure last week after  the company informed the exchanges that the Securities and Exchange Board of India (Sebi) has initiated a forensic audit of the company in relation to alleged violations of the Sebi Act, 1992, SCRA, 1956, and the Companies Act, 2013.

The company had reported a loss of Rs 352 crore in the second quarter of FY25. "Q2FY26 PAT was at Rs 87 crore (USD 10 million) vs Q2FY25 loss Rs 352 crore (USD 41 million)," Reliance Power had said. The company’s total income grew to Rs 2,067 crore during the second quarter, up from Rs 1,963 crore in the year ago period. The board of the company had also approved "seeking enabling resolution from members for raising up to USD 600 million through issue of foreign currency convertible bonds (FCCBs) to fund growth."Reliance Power was trading at a multi-year high of ₹76.49 (June 11, 2025). Since then, the stock has eroded more than 60% of its value. The decline has intensified recently, with the share price falling by over 16% in the last month alone and nearly 10% in the last five trading sessions.  The decline has accelerated recently, with the stock falling over 16% in the past month. Earlier, the board had also approved seeking shareholder approval to raise up to USD 600 million through foreign currency convertible bonds (FCCBs) to fund future growth.The sharp rebound ahead of the earnings announcement is likely to offer a glimmer of hope to investors.