Reliance Power - an Anil Ambani-led company - has been in the spotlight, consistently hitting the upper circuit for the past several trading sessions in August 2025. Investor queries and Google searches for “Reliance Power rally,” “Why is Reliance Power hitting upper circuit?” and “Anil Ambani stock news” have surged. Let’s break down what’s happening, why the stock is gaining momentum, and what it means for investors.
Table of Contents:
- Key Reasons Behind Reliance Power’s Sharp Rise
- Solar JV in Bhutan: A Strategic Green Energy Move
- Renewable Energy Push and Clean Energy Pipeline
- Technical Breakout and Chart Analysis
- Analyst and Market Sentiment
- What Should Investors Do? Opportunity and Risks
- FAQs
Reliance Power shares have posted three consecutive upper circuits, rising over 15% in three days and reaching fresh highs. The momentum is mainly due to multiple positive developments in the company’s renewable energy strategy and a high-profile international joint venture.
Data Pointers:
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Reliance Power closed at ₹48.93 on August 22 after touching upper circuit limits for three days.
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The stock surged 13.1% in the week, outperforming broader indices.
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Volume and buying activity have hit multi-month highs, confirming strong investor interest.
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Summary:
The stock’s recent run-up is not just market speculation - fundamental changes in business strategy and regional expansion are underpinning the optimism.
A major trigger for Reliance Power’s rally was the announcement of a Bhutan solar joint venture. The company, via its associate Reliance Enterprises, launched GDL-Reliance Solar Pte Ltd (GRSPL) in Bhutan - a 50:50 JV with Green Digital Private Limited (a state-owned enterprise of Bhutan).
Key Data:
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Reliance Power gains 25% indirect stake in GRSPL via group structure.
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JV operates in renewable and green energy under the Gelephu Mindfulness City - Bhutan’s new Special Administrative Region for green projects.
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Focus: Clean energy, storage solutions, cross-border renewables.
Summary:
This strategic move not only expands Reliance Power’s portfolio in renewables, but also positions it as a player in international clean energy markets, boosting investor confidence.
Reliance Power’s solar pipeline and battery storage ambitions are central drivers of bullish sentiment. The company is now targeting over 3 GW solar capacity and 3.5 GWh storage across its projects.
Facts and Developments:
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Green energy focus has increased post JV, aligning with India’s shift to renewables.
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Reliance Power’s recent bids and project wins highlight its ambition to become a leading player in solar and energy storage.
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Plans for a 930 MW solar plant and battery system in Andhra Pradesh are reportedly underway.
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Entry into green hydrogen and smart grid tech is part of its future growth vision.
Summary:
The group’s move away from traditional thermal power and focus on scalable solar and battery projects is seen as a game-changer for long-term prospects.
Apart from business fundamentals, technical factors are fueling the rally. Reliance Power recently broke out from a multi-year falling channel at the ₹25 level, pushing toward resistance at ₹76.
Market Analysis:
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The stock has surged over 675% in two years and 2,400% in five years.
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Current consolidation around ₹42 - 45 acted as a springboard for this breakout, with increased volumes and positive momentum.
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Analysts project near-term targets of ₹60 - 76 if momentum holds; dips to the ₹35 - 30 zone could be long-term buying opportunities, with a stop loss near ₹25.
Summary:
Technical analyses validate the current rally. However, traders and investors are urged to exercise caution given the stock’s history of volatility and circuit-to-circuit moves.
Experts at JM Financial, Wellworth Share Broking, and other brokerages see further upside for Reliance Power, as long as consolidation levels are respected and business momentum continues. Volume spikes have reaffirmed institutional interest.
Pointers:
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Long-term structure remains positive despite short-term volatility.
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Profit booking is natural after sharp run-ups; disciplined entry is advised.
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Market cap as of August 2025 stands near ₹20,500 crore.
Summary:
The sentiment is bullish, but the pace and sustainability will depend on execution of the clean energy plan and ongoing results from the JV and domestic projects.
Reliance Power’s rally is supported by both business improvements and market momentum. The company’s push into solar, battery, and global green energy projects gives it strategic advantage, but also exposes it to project execution, regulatory risks, and sector volatility.
Pointers for Investors:
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Watch future project announcements and quarterly results for confirmation of growth.
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Technical breakouts offer upside, but only for those with discipline in entry/exit levels.
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Diversification within renewables and pan-Asia projects is a strength, though the overall group’s financials must be tracked.
Summary:
If Reliance Power sustains operational and strategic gains, it could remain a multibagger. But investors must weigh momentum against caution.
Q1. Why is Reliance Power stock hitting upper circuit?
Three days of upper circuit have been powered by its Bhutan solar JV, renewed green energy strategy, and strong technical breakout.
Q2. What is the impact of the Bhutan joint venture?
Through GRSPL, Reliance Power now has a strategic clean energy presence in Bhutan, expanding its cross-border renewable pipeline.
Q3. Can the rally continue? What do analysts say?
Analysts are positive for the long term if consolidation continues, projecting targets up to ₹76 - 80. Support remains at ₹35 - 40.
Q4. What risks should investors consider?
Execution risk, sector volatility, and circuit-to-circuit moves. Profit booking after sharp rallies is common; trade with discipline.
Q5. Is Reliance Power a good long-term stock?
If the clean energy vision translates to financial growth and strong project execution, it can keep outperforming. Track quarterly financials and sector developments.