For the past two weeks, Reliance Power's stock has been rising. Before the release of the Q3 results for 2025, the stock of the firm controlled by Anil Ambani was overlooked by Dalal Street bulls, who were anticipating a fantastic quarterly performance. They weren't let down by Reliance Power's Q3 performance either. The Q3 2025 statistics showed that the Anil Dhirubhai Ambani Group (ADAG) corporation was profitable. After reporting a loss of ₹1,136.75 crore in the previous fiscal year, Reliance Power posted a consolidated net profit of ₹41.95 crore in Q3FY25. Strong purchase of Reliance Power shares was prompted by the company's impressive Q3 earnings, and the stock continued its run from last week. Reliance Power's stock price has increased from ₹36.71 to ₹41.72 per share over the last two weeks on the NSE, logging around a 13.50 per cent rise.
Experts in the stock market claim that Reliance Power's performance during the October–December 2024 quarter was impressive. The stock appears to be doing well from a fundamental standpoint following the release of impressive Q3 earnings. According to them, shares of Reliance Power are about to make a technical breakout. The stock can shortly reach ₹51 per share if the breakout happens on a closing basis.
News from Reliance Power
"Reliance Power has demonstrated a remarkable turnaround in its financial performance for the third quarter of FY25, leading to a significant surge in its stock price," remarked Sugandha Sachdeva, Founder of SS WealthStreet, in response to the company's Q3 results. In Q3 FY25, Reliance Power's debt-to-equity ratio was 0.86:1, a substantial decrease from 1.61:1 in Q3 FY24. This enhancement strengthens the company's financial position and makes it easier for it to fulfill its commitments. Notably, the business has a strong financial sheet and no bank debt.
According to Sugandha Sachdeva of SS WealthStreet, Reliance Power's outlook is further strengthened by its recent strategic initiatives. The Solar Energy Corporation of India (SECI) awarded a significant project to Reliance NU Suntech Pvt. Ltd., the company's subsidiary, to build a 1,860 MWh battery energy storage system in addition to a 930 MW solar power plant. Reliance Power will be positioned as a pioneer in the field of renewable energy solutions with this project, which has the potential to become Asia's largest solar and battery storage complex in one place.
"After reporting a loss of ₹1,136.75 crore in the Q3FY24, the ADAG company became profitable in the recently ended December 2024 quarter with a consolidated net profit of ₹41.95 crore," explained Anshul Jain, Head of Research at Lakshmishree Investment and Securities, who decoded Reliance Power's quarterly results for October to December 2024. In Q3FY25, the company's total revenue was ₹2,159 crore, with an EBITDA of ₹492 crore. As a result, the company's debt-to-equity ratio improved during the October–December 2024 quarter. Fundamentally speaking, the business has seen a turnaround. But in the next quarters, Anil Ambani's business needs to maintain this growing theme.
2025 share price target for Reliance Power
"The recent Q3 FY25 results and strategic developments have positively transformed the outlook for Reliance Power," stated Sugandha Sachdeva in reference to the future for Reliance Power shares. Important markers of the company's possible growth trajectory include a notable decrease in net losses, increased operational effectiveness, and a strong emphasis on renewable energy initiatives. In the upcoming months, investors should keep an eye out for market dynamics and crucial resistance levels that could further affect the stock's performance.
Technically speaking, Reliance Power's stock has been stabilizing over the last few months between ₹37 and ₹43.50, with a crucial support level at ₹36.50, which is also its 200 DEMA. The stock needs to decisively overcome the critical resistance level at ₹44 in order to have additional upside potential. In the medium run, a successful breach might push the stock up to Rs. 51. On the other hand, let's say the stock is unable to overcome the resistance level of Rs44. If so, it might lose steam and move toward the first level of support around ₹40, then ₹36.50, where buying interest is probably going to start to show up," Sugandha said.
Overall, the stock has been rising gradually, and the daily chart shows a higher bottom formation pattern that has kept it above the significant 200-period MA. It is currently above the 50EMA at the 40.65 level, with bias improving and a further upward advance anticipated in the days ahead. The first goal would be about 47 levels, and if strength continues, we can anticipate 51 levels in the medium term," stated Shiju Koothupalakkal, Prabhudas Lilladher's Senior Manager of Technical Research.
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