Reliance Power share price jumps over 7% despite a flat Indian stock market. Explore expert insights on whether to buy, sell, or hold this multibagger stock. Includes long-term returns, technical trends, and investor tips.
Reliance Power Share Price: Buzz & Performance Breakdown
Despite a flat trading day on April 24, 2025, the Reliance Power share price surged more than 7.6% to touch an intraday high of ₹46.87. This rally came even as key benchmarks like the Sensex and Nifty were in the red, breaking their seven-day winning streak.
As of 9:35 AM, Reliance Power share price was up 6.08%, trading at ₹46.20 on the BSE. The action was backed by heavy volume—over 6 crore shares changed hands, well above its one-week average of 5 crore.
Read More-Tech Mahindra Share Price Rallies 2% Pre-Q4 Results: What Analysts Are Saying
Why Is Reliance Power Share Price Rallying?
The upward move in Reliance Power share price aligns with sectoral strength in power stocks like Tata Power, Adani Green Energy, NTPC, and Suzlon. The BSE Power Index rose 0.28%, indicating growing investor confidence in the energy sector.
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The stock’s historical returns also tell a bullish story:
- 🔼 +22% in the last month
- 🔼 +20% in the last 3 months
- 🔼 +68% in the last year
- 🔼 +294% in 2 years
- 🔼 +2,031% in 5 years – a textbook multibagger
Such consistent outperformance keeps Reliance Power share price on every trader’s radar.
Buy, Sell, or Hold Reliance Power Shares?
Technical experts point to a sideways trend. Ruchit Jain, VP of Equity Technical Research at Motilal Oswal, comments:
“Reliance Power is currently facing resistance at ₹48–49, while support lies at ₹41. The trend remains sideways for now.”
Jain recommends existing investors hold their positions but advises caution for fresh entries until a confirmed breakout is observed.
Pros and Cons of Investing in Reliance Power
Pros:
- Strong trading volumes reflect rising interest.
- Impressive long-term multibagger returns.
- Sector momentum remains positive.
Cons:
- Resistance at ₹48–49 may restrict near-term gains.
- Current technicals suggest sideways movement.
- Broader market shows signs of caution.
Sectoral Impact & Market Sentiment
Despite weakness in the broader indices, the power sector held firm. The BSE Power Index remained in the green, driven by renewed interest in clean energy and infrastructure development.
Still, macroeconomic factors—like crude oil prices, inflation expectations, and US Federal Reserve cues—could cause short-term volatility. So, while the Reliance Power share price looks strong, external pressures should not be overlooked.
Long-Term Potential: Is Reliance Power Still a Hidden Gem?
For long-term investors with a high-risk appetite, Reliance Power share price offers a compelling case. Its track record of delivering over 2,000% returns in five years makes it one of the standout performers in the energy space.
However, a sustained move above ₹49 with strong volume confirmation would be the real green light for fresh entry.
Market Highlights – April 24, 2025:
- Tech Mahindra Q4 Earnings Preview: Shares up 1.9% pre-results. (Source: Moneycontrol)
- HUL Declares ₹24 Final Dividend: Shares rally 2.5% post-earnings. (Source: Economic Times)
- Sensex, Nifty Pull Back: Markets snap 7-day winning streak amid profit-taking. (Source: Mint)
- Gold Dips Globally: Weak US macro data pressures bullion prices. (Source: CNBC)
Conclusion: Hold Steady or Wait for a Breakout
The Reliance Power share price reflects underlying sector strength and long-term growth. However, unless the stock breaches its key resistance level of ₹49, investors looking to buy in fresh should wait for confirmation.
Investor Takeaway: If you’re already invested, hold tight. If not, watch closely for a breakout with strong volume before jumping in.
Disclaimer: The views in this article are for educational purposes only. Always consult a certified financial advisor before making investment decisions.
Stay updated with trusted sources like Mint and CNBC for the latest market trends.
