Mumbai, India – June 10, 2025 – The Anil Ambani-led Reliance Group stocks continued to capture investor attention on Tuesday, June 10, 2025, with Reliance Power (RPower) shares surging an impressive 10% and Reliance Infrastructure (Reliance Infra) also gaining significantly by nearly 4%. This strong performance comes amidst a broader resurgence in the group’s fortunes, driven by a combination of strategic project wins, financial restructuring, and renewed investor confidence.
Reliance Power: Hitting a Decade-High
Reliance Power shares were the star performer of the day, rallying by 11.95% to close at ₹72.26, a new 52-week high. This marks a significant milestone for the company, as the stock has touched the ₹70-mark for the first time in over a decade, last reaching this level in November 2014. The surge is part of a remarkable turnaround story for RPower, which was once trading as a penny stock.
Key Drivers Behind RPower’s Rally:
- Financial Turnaround: RPower reported a consolidated net profit of ₹125.60 crore for Q4 FY25, a dramatic reversal from a loss of ₹397.56 crore in the same quarter last year. This return to profitability has been a major confidence booster for investors.
- Major Project Wins and Renewable Energy Focus: The company’s subsidiary, Reliance NU Energies Pvt. Ltd., has been actively securing significant projects in the renewable energy space.
- In May 2025, it signed a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for Asia’s largest single-location solar and battery energy storage project. This massive project involves supplying 930 MW of solar power integrated with a 465 MW/1,860 MWh battery energy storage system (BESS) and is estimated to involve an investment of up to ₹10,000 crore over the next 24 months.
- Further, in May 2025, Reliance Power also signed a commercial term sheet for a long-term PPA with Green Digital Private (GDL), an entity owned by Druk Holding and Investments Limited (DHI), the investment arm of the Royal Government of Bhutan. This partnership aims to develop Bhutan’s largest solar power project with a capacity of 500 MW, a 50:50 joint venture representing a significant private sector foreign direct investment in Bhutan’s solar energy sector.
- Earlier, in December 2024, RPower had secured a stay order from the Delhi High Court against a debarment notice issued by SECI, which had previously barred the company and its subsidiaries from participating in SECI’s tenders. This legal relief has paved the way for renewed participation in key projects.
- Debt Reduction and Equity Infusion: RPower has been actively working on deleveraging its balance sheet. The company successfully reduced its debt by ₹5,338 crore, bringing its debt-to-equity ratio down from 1.61:1 to 0.88:1 between FY24 and FY25. In May 2025, the company also raised ₹348.15 crore through a preferential allotment of shares, with Reliance Infrastructure (promoter) and Basera Home Finance Private Limited (public) being the primary investors.
- Technical Indicators: Market experts note that technical indicators such as the Relative Strength Index (RSI) at 77.1 suggest overbought conditions, which could indicate a potential pullback, but the Moving Average Convergence Divergence (MACD) at 5.4, above its signal and center lines, continues to support the bullish trend.
Over the past month, Reliance Power has seen its share price skyrocket by over 85%, and by nearly 175% in the last one year, making it one of the best-performing power sector stocks on Dalal Street.
Reliance Infrastructure: Steady Gains and Legal Relief
Reliance Infrastructure, another key entity in the Anil Ambani Group, also witnessed a positive trading session, closing nearly 4% higher at ₹401. The stock touched a high of ₹409.85 during intraday trade.
Factors Contributing to Reliance Infra’s Performance:
- NCLAT Relief: A significant positive development for Reliance Infrastructure came on June 4, 2025, when the National Company Law Appellate Tribunal (NCLAT) suspended the National Company Law Tribunal’s (NCLT) order that had admitted Reliance Infrastructure into the Corporate Insolvency Resolution Process (CIRP). This suspension has provided much-needed relief and clarity regarding the company’s financial standing.
- Debt Restructuring: Reliance Infrastructure has also made strides in reducing its standalone net debt from banks and financial institutions, significantly bringing it down by approximately ₹3,300 crore during FY25.
- Synergy with RPower: As a promoter entity in Reliance Power, Reliance Infrastructure benefits from RPower’s strong performance and growth prospects. The recent equity infusion by Reliance Infrastructure into RPower further solidifies this interconnectedness.
The Broader Picture: A Turnaround in Progress
The recent performance of Reliance Power and Reliance Infrastructure highlights a notable shift in the narrative surrounding the Anil Ambani Group. After years of facing severe financial challenges and significant debt, the group appears to be making concerted efforts towards deleveraging, restructuring, and capitalizing on opportunities, particularly in the booming renewable energy sector. While significant challenges remain, the recent string of positive news, financial turnarounds, and strategic wins are clearly resonating with investors, indicating a renewed, albeit cautious, optimism about the future trajectory of these companies. The market will undoubtedly continue to watch the Anil Ambani Group stocks closely as they navigate their path towards sustained recovery and growth.
Sourashis Chanda brings readers their unique perspective on Business, Economy, Health and Fitness. With a background in Health and Physical Fitness of 2years, I am dedicated to exploring [what they aim to achieve with their writing, on the sustainable Economy of the country, various pro tips about business, latest goverment news, with some tips in health are and Fitness.
- Sourashis Chandahttps://indiatadkha.com/author/sourashis/
- Sourashis Chandahttps://indiatadkha.com/author/sourashis/
- Sourashis Chandahttps://indiatadkha.com/author/sourashis/
- Sourashis Chandahttps://indiatadkha.com/author/sourashis/
