Anil Ambani: Reliance Power shares, headed by Anil Ambani, recovered in Tuesday’s session, climbing about 4% to trade at around ₹36.65 on the NSE. The stock had fallen more than 8% the day before due to increased investor anxiety after Reliance Infrastructure was suspended from trading. Even the general mood toward Anil Ambani group equities is still cautious, the rebound indicates buying activity at lower levels. Even with the recovery, the stock has lost about 43 percent of its value in the last six months.

Reliance Power has lost 3.58% over the last month, while the BSE Utilities index has decreased by 3.11% and the Sensex has decreased by a negligible 0.1%. Approximately 7.01 lakh shares have been moved on the BSE counter so far, which is far less than the average daily turnover of 65.12 lakh shares for the previous month. On June 11, 2025, the stock reached a record high of ₹76.49, and on March 3, 2025, it fell 52 weeks to ₹31.30. Technically speaking, experts believe that ₹30 remains a crucial support level for the stock, with the ₹36–40 range serving as short-term resistance. Both market sentiment and company-specific news have contributed to the counter’s continued volatility in recent weeks.

A number of operational and strategic advancements have also drawn attention to Reliance Power. The business and the Solar Energy Corporation of India inked a 25-year power purchase deal via its subsidiary Reliance NU Suntech for a 930 MW solar power project that includes the biggest battery energy storage system in Asia, a 465 MW/1,860 MWh system. Over the following two years, the project will need an expenditure of over ₹10,000 crore.

Due to increased sales, the firm declared a net profit of ₹87 crore for the quarter that ended on September 30. The quarter’s total revenue increased to ₹2,067 crore from ₹1,963 crore during the same time last year. In order to finance future expansion, the board has also authorized asking shareholders for an enabling resolution to raise up to $600 million via foreign currency convertible bonds.

In the meanwhile, Reliance Power recently clarified that the Enforcement Directorate has temporarily attached assets valued at ₹10,117 crore in accordance with the Prevention of Money Laundering Act. According to the company, Reliance Communications Limited, which has not been a part of the Reliance Group since 2019, is responsible for ₹8,078 crore of the attached assets. The company is currently going through the corporate insolvency resolution process, which is being overseen by the National Company Law Tribunal and its committee of creditors, which is headed by State Bank of India. Reliance Power reaffirmed its commitment to development, operational excellence, and wealth creation for its more than 43 lakh shareholders while confirming that its activities are continuing as normal. Additionally, the business made it clear that Anil D. Ambani has not served on the Reliance Power board for more than three and a half years.