Recent Price Performance and Market Context
Reliance Power’s stock has outperformed its sector and the broader market in the short term. Over the past week, the share price surged by 12.70%, contrasting sharply with the Sensex’s marginal decline of 0.40%. This recent rally is underscored by a three-day consecutive gain, during which the stock appreciated by 10.01%. On 18-Dec, the stock reached an intraday high of ₹39.39, marking a 10.31% increase from the previous close, and traded within a wide range of ₹3.69, signalling active trading interest.
Despite this short-term strength, the stock’s longer-term performance remains subdued. Over the past year, Reliance Power has declined by 15.62%, underperforming the Sensex which gained 5.36% in the same period. Year-to-date, ...
Read More













