# Reliance Power (RPOWER) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/rpower

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹18.44
- Change: -1.39%
- As of: 2026-11-06
- 1D return: -1.39%
- 5D return: +2.96%
- 1M return: -6.87%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

RPOWER (₹18.44) is navigating a conflicting technical environment as of November 6, 2026. On the daily horizon, price action is bullish, trading above the 20-period SMA and Supertrend, with an ADX of 21.21 indicating developing trend strength. This daily optimism contrasts sharply with the weekly and monthly charts, where the price remains below all major moving averages and Supertrends, signaling established bearish trends on those longer timeframes. The stock is currently positioned near the middle of its 20-day range (+57.2%) but at the very bottom of its 252-day range (+7.7%), reflecting a significant -74.1% current drawdown from highs.

Momentum has been volatile, marked by an extreme upward volume-price move on October 29 (+9.1% return, 5.97x volume ratio) followed by a downward gap on October 30. An active Inside Bar pattern on the monthly timeframe suggests consolidation or potential breakout preparation. Immediate resistance lies just above at ₹18.51 (0.38%) and ₹18.75 (1.68%), while support is found at ₹18.32 (0.65%) and ₹18.08 (1.95%). High annualized volatility (+56.9%) and an ATR of 4.56% indicate substantial price swings are expected.

- Trend Conflict: Daily structure is bullish (price  20-SMA, Supertrend up), while weekly and monthly structures remain bearish (price  all MAs, Supertrend down).
- Key Levels: Immediate resistance at ₹18.51 and ₹18.75; immediate support at ₹18.32 and ₹18.08.
- Volatility & Drawdown: High risk profile with +56.9% annualized volatility and a -74.1% current drawdown from available highs.
- Pattern Context: Active monthly Inside Bar formation follows extreme volatility events in late October, suggesting a period of consolidation before directional resolution.

- Inside Bar
- Bearish Engulfing Reversal

### What Changed

Reliance Power (RPOWER) has announced that its Board of Directors will meet on November 12, 2026, to approve unaudited financial results for the quarter and half-year ended September 30, 2026. The company has closed its insider trading window from October 1, 2026, until 48 hours post-meeting. Concurrently, the Enforcement Directorate has attached ₹510.17 crore in assets belonging to the Reliance Anil Ambani Group, including two private aircraft and windmills, as part of investigations into alleged bank fraud. This attachment contributes to a cumulative group attachment value of approximately ₹23,100 crore across multiple entities. As of November 6, 2026, RPOWER shares traded at ₹18.44, down from ₹18.70.

- Board Meeting: Scheduled for November 12, 2026, to approve Q2 FY2027 (Sep 2026) unaudited standalone and consolidated financial results.
- Trading Window Closure: Insider trading restrictions are active from October 1, 2026, until 48 hours after the meeting outcome is publicized.
- ED Asset Attachment: The Enforcement Directorate attached ₹510.17 crore in group assets (aircraft, windmills) amid ongoing bank fraud probes, raising total group attachments to ~₹23,100 crore.
- Price Movement: Share price declined to ₹18.44 on November 6, 2026, from ₹18.70 in the prior observation.

- [Why has ED attached ₹510 crore in Reliance Anil Ambani Group assets? 2 chartered planes, properties among those seized | Company Business News](https://www.livemint.com/companies/news/why-has-ed-attached-rs-510-crore-in-reliance-anil-ambani-group-assets-2-chartered-planes-windmills-among-those-seized-11793873837230.html)
- [RELIANCE POWER LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2714_WebXMLFile_20261105_224125669.xml)
- [Financial Results |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/RPOWER_05112026223736_Reliance_Power_Prior_Intimation_12112026_Final_Signed.pdf)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2714_WebXMLFile_20261105_224125669.xml)

### Fundamentals

Reliance Power (RPOWER) has shifted from a loss-making position to profitability in the most recently reported quarter, Q1 FY2026-27. Revenue rose sequentially to ₹1,956.32 crore from ₹1,887.26 crore in Q4 FY2025-26, while expenses decreased slightly to ₹1,987.82 crore. This operational leverage turned a pre-tax loss of ₹425.52 crore into a profit of ₹115.93 crore, with net profit recovering from a ₹494 crore loss to ₹64.71 crore. Finance costs also declined sequentially to ₹386.63 crore.

However, earnings quality remains mixed when viewed over longer horizons. While TTM sales grew 3% and TTM profit growth is reported at 125%, the company posted a TTM net loss of ₹317 crore and negative EPS of -₹0.76 for the trailing twelve months ending Mar 2026. Annual ROCE improved to 6% in Mar 2026 but remains low compared to cost of capital norms. Balance sheet health shows gradual deleveraging, with borrowings falling to ₹14,812 crore by Mar 2026, though CWIP increased to ₹1,720 crore, indicating ongoing capital expenditure. Working capital management has improved significantly, with the cash conversion cycle dropping to 63 days by Mar 2026.

- Q1 FY2026-27 showed strong sequential recovery: revenue up to ₹1,956.32 crore, net profit turned positive at ₹64.71 crore vs. ₹494 crore loss in Q4 FY2025-26.
- TTM metrics remain weak: TTM net loss of ₹317 crore and EPS of -₹0.76 as of Mar 2026, despite reported TTM profit growth of 125%.
- Borrowings decreased to ₹14,812 crore by Mar 2026, and cash conversion cycle improved to 63 days, signaling better working capital efficiency.
- ROCE stood at 6% for Mar 2026; investors should monitor if quarterly profitability sustains to improve annual returns.

### Bear Case

Reliance Power faces significant legal and regulatory headwinds, underscored by the Enforcement Directorate’s attachment of ₹510.17 crore in group assets—including private aircraft and windmills—amid allegations of bank fraud and siphoning of public funds. This action contributes to a cumulative attachment burden of approximately ₹23,100 crore across the Reliance Anil Ambani Group. Market sentiment reflects this caution; experts have advised avoidance of the stock, contrasting it with peers like Suzlon Energy and Inox Wind. Technically, the equity is in a pronounced downtrend, having fallen 55.1% over the past year and 46.9% year-to-date as of November 6, 2026. The stock trades at ₹18.44, well below its recent high, with a current drawdown of -74.1%. Monthly technical indicators signal bearish momentum, while resistance levels remain tight near the current price, limiting upside potential.

- Regulatory Risk: ED attached ₹510.17 crore in assets (aircraft, windmills) for alleged bank fraud, adding to ~₹23,100 crore in cumulative group attachments.
- Market Sentiment: Experts recommend avoidance of RPOWER, diverging from positive views on peers like Suzlon Energy and Vedanta Power.
- Price Performance: Stock declined 55.1% over one year and 46.9% YTD, with a maximum drawdown of -76.9% and current drawdown of -74.1%.
- Technical Setup: Monthly trend is bearish; close at ₹18.44 faces immediate resistance at ₹18.51 (0.38% above), with limited room for upward movement.

- [Why has ED attached ₹510 crore in Reliance Anil Ambani Group assets? 2 chartered planes, properties among those seized | Company Business News](https://www.livemint.com/companies/news/why-has-ed-attached-rs-510-crore-in-reliance-anil-ambani-group-assets-2-chartered-planes-windmills-among-those-seized-11793873837230.html)
- [Top power stocks: Jaiprakash Power vs Suzlon vs Vedanta Power vs Reliance Power vs Inox Wind | Experts' views, target](https://www.livemint.com/market/stock-market-news/top-power-stocks-jaiprakash-power-vs-suzlon-vs-vedanta-power-vs-reliance-power-vs-inox-wind-experts-views-target-11793602441883.html)
- [RELIANCE POWER LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2714_WebXMLFile_20261105_224125669.xml)
- [Financial Results |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/RPOWER_05112026223736_Reliance_Power_Prior_Intimation_12112026_Final_Signed.pdf)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2714_WebXMLFile_20261105_224125669.xml)
- [Reliance Power Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/RPOWER_22102026191628_Reliance_Power_Cover_Letter_Newspaper_Advt.pdf)
- [Reliance Power Limited has informed the Exchange about Action(s) initiated or orders passed |SUBJECT: Action(s) initiated or orders passed](https://nsearchives.nseindia.com/corporate/RPOWER_13102026222340_RPower_Disclosure_Reg_30_Seizure.pdf)
- [RELIANCE POWER LIMITED has informed the Exchange about Action(s) initiated or orders passed (sub-para 19) |SUBJECT: Actions initiated/taken or orders passed-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_2714_WebXMLFile_20261013_223312519.xml)
- [Reliance Power Limited has informed the Exchange regarding 'Half yearly Statement of Debt Securities as on September 30, 2026'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/RPOWER_13102026224413_Letter_to_SE.pdf)
- [Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/RPOWER_01102026224815_RPower_Disclosure_Regulaton_30.pdf)

### FAQs

**What upcoming corporate event should investors monitor for Reliance Power?**

The Board of Directors is scheduled to meet on November 12, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended September 30, 2026. The trading window for designated persons is closed from October 1, 2026, until 48 hours after the meeting outcome is made public.

**How has the stock performed over the past year compared to recent short-term trends?**

As of November 6, 2026, the stock has declined 55.1% over the past year and 46.9% year-to-date. In the shorter term, it rose 12.2% over the last 10 days but fell 10.0% over the past month. The current price is ₹18.44, with a market capitalization of approximately ₹7,734 crore.

**What regulatory actions have impacted the Reliance Anil Ambani Group recently?**

The Enforcement Directorate has attached assets worth ₹510.17 crore belonging to the group, including two private aircraft and windmills, as part of investigations into alleged bank fraud. This brings the cumulative value of attachments against the group to approximately ₹23,100 crore across multiple cases involving companies such as Reliance Communications and Reliance Home Finance.

**What are the key technical support and resistance levels for the stock?**

Immediate resistance lies at ₹18.51 (0.38% above) and ₹18.75 (1.68% above). Support is found at ₹18.32 (0.65% below) and ₹18.08 (1.95% below). A significant support level exists at ₹15.98, which is 13.34% below the current price. The stock exhibits high volatility with an annualized volatility of 56.9%.

- [Why has ED attached ₹510 crore in Reliance Anil Ambani Group assets? 2 chartered planes, properties among those seized | Company Business News](https://www.livemint.com/companies/news/why-has-ed-attached-rs-510-crore-in-reliance-anil-ambani-group-assets-2-chartered-planes-windmills-among-those-seized-11793873837230.html)
- [Top power stocks: Jaiprakash Power vs Suzlon vs Vedanta Power vs Reliance Power vs Inox Wind | Experts' views, target](https://www.livemint.com/market/stock-market-news/top-power-stocks-jaiprakash-power-vs-suzlon-vs-vedanta-power-vs-reliance-power-vs-inox-wind-experts-views-target-11793602441883.html)
- [RELIANCE POWER LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2714_WebXMLFile_20261105_224125669.xml)
- [Financial Results |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/RPOWER_05112026223736_Reliance_Power_Prior_Intimation_12112026_Final_Signed.pdf)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2714_WebXMLFile_20261105_224125669.xml)
- [Reliance Power Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/RPOWER_22102026191628_Reliance_Power_Cover_Letter_Newspaper_Advt.pdf)
- [Reliance Power Limited has informed the Exchange about Action(s) initiated or orders passed |SUBJECT: Action(s) initiated or orders passed](https://nsearchives.nseindia.com/corporate/RPOWER_13102026222340_RPower_Disclosure_Reg_30_Seizure.pdf)
- [RELIANCE POWER LIMITED has informed the Exchange about Action(s) initiated or orders passed (sub-para 19) |SUBJECT: Actions initiated/taken or orders passed-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_2714_WebXMLFile_20261013_223312519.xml)
- [Reliance Power Limited has informed the Exchange regarding 'Half yearly Statement of Debt Securities as on September 30, 2026'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/RPOWER_13102026224413_Letter_to_SE.pdf)
- [Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/RPOWER_01102026224815_RPower_Disclosure_Regulaton_30.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Insufficient History
- Pivot point: ₹18.75
- Risk regime: Higher Price Risk

### Support levels
- 15.98
- 18.32
- 18.080000000000002

### Resistance levels
- 23.345
- 23.8
- 24.191250000000004

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.39% |
| return_10 | +12.23% |
| return_1m | -10.00% |
| return_1y | -55.10% |
| return_20 | -6.87% |
| return_3m | -23.93% |
| return_5 | +2.96% |
| return_6m | -36.78% |
| return_since_start | -58.77% |
| return_ytd | -46.89% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -76.95% |
| annualized_volatility | +56.86% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Return to Profitability as Finance Costs Decline

Reliance Power Limited reported net profit of ₹64.71 crore for the quarter ended 30 June 2026, reversing a ₹494 crore loss in the preceding quarter. The improvement was supported by a sharp fall in finance costs, nearly flat total expenses, and a modest rise in revenue from operations. Earnings per share turned positive, while the company’s paid‑up share capital remained unchanged.

## Profitability Turns Positive

Profit Before Tax swung to ₹115.93 crore in the June 2026 quarter, a ₹541.45 crore improvement from a loss of ₹425.52 crore in the March 2026 quarter. Compared with the same quarter a year earlier, Profit Before Tax was 60.35% higher.

Net profit followed the same pattern. The ₹64.71 crore profit for the June 2026 quarter compared with a loss of ₹494 crore in the prior quarter and a profit of ₹44.68 crore in the year‑ago quarter.

## Revenue and Expenses

Revenue from operations grew to ₹1,956.32 crore, up 3.66% from the March 2026 quarter and 3.75% from the June 2025 quarter.

Total expenses came in at ₹1,987.82 crore. This was nearly unchanged from the previous quarter (a 0.12% decline) and 1.78% higher than in the same quarter last year.

## Finance Costs Move Lower

Finance costs declined sharply, falling 18.44% from the prior quarter to ₹386.63 crore. They were also 9.21% lower than the ₹425.87 crore recorded in the year‑ago quarter. The reduction in this expense line was a significant contributor to the return to profitability.

## Tax and Earnings Per Share

Tax expense for the quarter stood at ₹51.22 crore. This was 25.05% lower than in the March 2026 quarter but 85.45% higher than in the June 2025 quarter, broadly corresponding with the movement in pre‑tax profit.

Basic and diluted earnings per share both came to ₹0.16, compared with a loss of ₹1.19 per share in the preceding quarter and a profit of ₹0.11 per share a year earlier. Paid‑up equity share capital remained at ₹4,135.78 crore, indicating that the improvement in per‑share earnings did not reflect any share dilution.

## Key Takeaway

Reliance Power’s June 2026 quarter was marked by a return to profitability. The swing from a large loss in the previous quarter was aided by a substantial reduction in finance costs, steady total expenses, and moderate revenue growth, resulting in a positive earnings per share.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +24.98%
- FII holding: +9.27%
- DII holding: +2.79%
- Mutual fund holding: +0.64%
- Retail holding: +30.56%
- Promoter pledged: +0.00%

### Major reported shareholders

- RELIANCE INFRASTRUCTURE LIMITED — +24.90% (Bodies Corporate)
- VFSI HOLDINGS PTE. LTD. — +4.37%
- LIFE INSURANCE CORPORATION OF INDIA — +2.02%
- AUTHUM INVESTMENT & INFRASTRUCTURE LIMITED — +1.79%
- VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND — +1.05%
- RELIANCE PROJECT VENTURES AND MANAGEMENT PRIVATE LIMITED — +0.03% (Bodies Corporate)
- SMT.KOKILA D. AMBANI — +0.02%
- ANIL D AMBANI — +0.01%
- TINA A AMBANI — +0.01%
- JAI ANMOL A AMBANI — +0.01%

## Official filings

- 2026-11-05 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2714_WebXMLFile_20261105_224125669.xml)
- 2026-11-05 — Board Meeting Notice: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_05112026223736_Reliance_Power_Prior_Intimation_12112026_Final_Signed.pdf)
- 2026-11-05 — Board Meeting Notice: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2714_WebXMLFile_20261105_224125669.xml)
- 2026-10-22 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_22102026191628_Reliance_Power_Cover_Letter_Newspaper_Advt.pdf)
- 2026-10-13 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_13102026222340_RPower_Disclosure_Reg_30_Seizure.pdf)
- 2026-10-13 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_2714_WebXMLFile_20261013_223312519.xml)
- 2026-10-13 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_13102026224413_Letter_to_SE.pdf)
- 2026-10-01 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_01102026224815_RPower_Disclosure_Regulaton_30.pdf)
- 2026-09-25 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_25092026231600_IntimationofResignation.pdf)
- 2026-09-25 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_25092026232646_ClosureofTradingWindowSeptember2026.pdf)
- 2026-09-25 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_2714_WebXMLFile_20260926_002930136.xml)
- 2026-09-25 — Management Change: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_ROID_99067_KMP_Doc.zip)
- 2026-09-25 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2714_WebXMLFile_20260926_002944507.xml)
- 2026-09-07 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_07092026223646_RPower_Disclosure_Reg_30.pdf)
- 2026-08-22 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_22082026150650_Reliance_Power_Cover_Letter_Newspaper_Advt_2208.pdf)
- 2026-08-17 — Litigation Disclosure: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_17082026225459_RPower_Disclosure_Reg_30_STF17_CBI_Court.pdf)
- 2026-08-14 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_14082026210515_Letter_to_SE_Voting_Results_AGM_2026.pdf)
- 2026-08-06 — Generic Announcement: Reliance Power Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, on August 6, 2026. The company reported a consolidated profit after tax of Rs. 6,471 lakhs for the quarter, compared to a loss of Rs. 49,386 lakhs in the same period last year. However, the company and its subsidiaries face ongoing investigations by the Enforcement Directorate and CBI, and a subsidiary, Samalkot Power Limited, is subject to a Corporate Insolvency Resolution Process initiated by its lender. — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_06082026193934_Reliance_Power_Outcome_of_BM_06082026_Signed.pdf)
- 2026-08-06 — Generic Announcement: For the quarter ended June 30, 2026, Reliance Power Limited reported that 343,200,000 warrants from its preferential issue lapsed, resulting in the forfeiture of Rs 302.62 crore. The company received a total of Rs 694.65 crore from the preferential issue, which it has fully utilized. Infomerics Valuation and Rating Limited, the monitoring agency, found no deviation in the utilization of funds. — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_06082026200257_Rpower_Letter_to_SE_Report_of_Monitoring_Agency_Signed.pdf)
- 2026-08-03 — Generic Announcement: Reliance Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2714_WebXMLFile_20260803_215838242.xml)
- 2026-07-24 — Generic Announcement: Reliance Power Limited has dispatched the notice for its 32nd Annual General Meeting (AGM), scheduled for August 14, 2026, at 12:00 Noon IST via Video Conferencing. The AGM notice and Annual Report 2025-26 were sent electronically on July 23, 2026, to members with registered email addresses. Remote e-voting is available from August 10 to August 13, 2026, with a cut-off date of August 7, 2026, for entitlement. — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_24072026194005_LettertoSENewspaperAdvertisementPost.pdf)
- 2026-07-23 — Generic Announcement: Reliance Power Limited announced its 32nd Annual General Meeting will be held on August 14, 2026, at 12:00 Noon IST via Video Conferencing. The company is also conducting e-auctions for the sale of its properties, with the auction dates ranging from July 23, 2026, to August 12, 2026, for various properties including land and buildings. — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_23072026141739_Letter_to_SE_Newspaper_Advertisement_Pre.pdf)
- 2026-07-23 — Official Filing: Reliance Power Limited will hold its 32nd Annual General Meeting on Friday, August 14, 2026, at 12:00 PM via Video Conference. The agenda includes adopting the financial statements for the year ended March 31, 2026, re-appointing Shri Sachin Mohapatra as a Director, appointing M/s. Kailash Chand Jain & Co. as Statutory Auditors until September 30, 2031, appointing Dr. Avinash Gupta as an Independent Director until May 20, 2031, and approving remuneration for Cost Auditors for the financial year ending March 31, 2027. The meeting will also address the issuance of securities through Qualified Institutions Placement and the issuance of Non-Convertible Debentures.
- 2026-07-23 — Generic Announcement: Reliance Power Limited is informing members, whose email addresses are not registered, about the availability of its Annual Report for the Financial Year 2025-26 and the Notice of the 32nd Annual General Meeting. The AGM is scheduled for August 14, 2026, at 12:00 Noon IST, to be held through Video Conferencing. The Annual Report and AGM Notice can be accessed via web links and QR codes on the company's website, stock exchange websites, and KFintech's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_23072026233301_Letter_to_SE_Letter_to_Shareholders_Reg_36_1_b.pdf)
- 2026-07-23 — Generic Announcement: Reliance Power Limited will hold its 32nd Annual General Meeting on August 14, 2026, via video conference. The company has released its Annual Report for the 2025-26 financial year, which includes a notice for the AGM. Key agenda items include adopting financial statements, re-appointing a director, appointing statutory auditors, and approving remuneration for cost auditors. The company is also seeking authorization to raise up to ₹6,000 crore through Qualified Institutions Placement (QIP) and up to ₹3,000 crore via Non-Convertible Debentures (NCDs). — [Official attachment](https://nsearchives.nseindia.com/corporate/RPOWER_23072026223648_LettertoSENoticeofAGMAnnualReport.pdf)

## News and market events

- 2026-11-05 — Mint: **Why has ED attached ₹510 crore in Reliance Anil Ambani Group assets? 2 chartered planes, properties among those seized | Company Business News** — The Enforcement Directorate has attached ₹510.17 crore in assets belonging to the Reliance Anil Ambani Group, including two private aircraft and windmills, as part of ongoing investigations into alleged bank fraud. This latest action brings the cumulative value of attachments against the group to approximately ₹23,100 crore across multiple cases involving companies such as Reliance Communications and Reliance Home Finance. The ED alleges that public funds were siphoned off for personal benefit and diverted to offshore tax havens, leading to arrests and prosecution complaints under the PMLA and — [Source](https://www.livemint.com/companies/news/why-has-ed-attached-rs-510-crore-in-reliance-anil-ambani-group-assets-2-chartered-planes-windmills-among-those-seized-11793873837230.html)
- 2026-11-02 — Mint: **Top power stocks: Jaiprakash Power vs Suzlon vs Vedanta Power vs Reliance Power vs Inox Wind | Experts' views, target** — Market experts provided divergent stock recommendations for five renewable energy companies, advising avoidance of Jaiprakash Power Ventures and Reliance Power while recommending Suzlon Energy, Inox Wind, and Vedanta Power based on varying risk appetites. — [Source](https://www.livemint.com/market/stock-market-news/top-power-stocks-jaiprakash-power-vs-suzlon-vs-vedanta-power-vs-reliance-power-vs-inox-wind-experts-views-target-11793602441883.html)
- 2026-10-29 — Mint: **Reliance Power shares on fire! Anil Ambani’s stock jumps 9.22%, but remains down 59% in a year - should you buy? | Stock Market News** — Reliance Power shares rose 9.22% on Thursday, extending a weekly gain to 11.21%, but remain 59% below their year-ago level. Analysts say the rebound may be temporary: resistance sits near ₹20–22, while ₹16 is key support. They advise caution until a decisive breakout confirms a trend reversal. — [Source](https://www.livemint.com/market/stock-market-news/reliance-power-shares-on-fire-anil-ambani-s-stock-jumps-9-22-but-remains-down-59-in-a-year-should-you-buy-11793273904768.html)
- 2026-10-28 — BUSINESSTODAY: **Jio IPO listing: How LIC, Reliance Power, NSE, LG, Hyundai, Paytm fared on debut days** — Jio Platforms Ltd has the potential to become the most-valued telecom stock on the Street when it debuts on the NSE and BSE on Wednesday. — [Source](https://www.businesstoday.in/markets/stocks/story/jio-ipo-listing-how-lic-reliance-power-nse-lg-hyundai-paytm-fared-on-debut-days-564131-2026-10-28)
- 2026-10-14 — Times of India: **ED seizes assets worth over Rs 2,000 crore of Reliance Power** — New Delhi: The Enforcement Directorate (ED) Wednesday said it has seized Indian assets worth Rs 2,033 crore belonging to Reliance Power Ltd (RPL), an — [Source](https://timesofindia.indiatimes.com/india/ed-seizes-assets-worth-over-rs-2000-crore-of-reliance-power/articleshow/134954294.cms)
- 2026-10-14 — The Hindu: **ED seizes ₹2,032 cr assets of Anil Ambani Group’s Reliance Power under FEMA over alleged overseas fund diversion** — ED seizes ₹2,032 cr assets of Anil Ambani Group’s Reliance Power under FEMA for alleged overseas fund diversion and fraudulent BVI/ Mauritius transactions. — [Source](https://www.thehindubusinessline.com/companies/ed-seizes-2032-cr-assets-of-anil-ambani-groups-reliance-power-under-fema-over-alleged-overseas-fund-diversion/article71584373.ece)
- 2026-10-14 — BUSINESSTODAY: **Anil Ambani's Reliance Power faces fresh ED action, Rs 2,032 crore assets seized** — Reliance Power ED seizure, Anil Ambani Reliance Power, ED FEMA investigation, Reliance Power Rs 2032 crore assets, Reliance Natural Resources, Reliance Anil Ambani Group, Sasan Power Limited, ED overseas transactions, British Virgin Islands entities, Deutsche Bank Switzerland — [Source](https://www.businesstoday.in/latest/corporate/story/anil-ambanis-reliance-power-faces-fresh-ed-action-rs-2032-crore-assets-seized-561659-2026-10-14)
- 2026-10-14 — NEWS.WEBINDIA123.COM: **ED seizes Rs 2,032.81 crore assets of Reliance Power Ltd under FEMA** — The Enforcement Directorate (ED) on Wednesday said it has seized assets worth Rs 2,032.81 crores in India belonging to Reliance Power Ltd (RPL) in connection with its ongoing investigation under the Foreign Exchange Management Act (FEMA). — [Source](https://news.webindia123.com/news/Articles/India/20261014/4510925.html)
- 2026-10-14 — Orissa POST: **ED seizes assets worth Rs2,033 crore linked to Anil Ambani-led Reliance Power - OrissaPOST** — The Enforcement Directorate seizes assets worth ₹2,033 crore linked to Anil Ambani-led Reliance Power in connection with an ongoing investigation into alleged financial irregularities. — [Source](https://www.orissapost.com/ed-seizes-assets-worth-rs2033-crore-linked-to-anil-ambani-led-reliance-power/)
- 2026-10-14 — The Hindu: **ED seizes assets worth over ₹2,000 crore linked to Reliance Power Ltd. under FEMA** — ED seized ₹2,032.81 crore from Reliance Power under FEMA for alleged overseas loans via BVI entities, with front-persons and round-tripping claims. — [Source](https://www.thehindu.com/news/national/ed-seizes-assets-worth-over-2000-crore-linked-to-reliance-power-ltd-under-fema/article71583608.ece)
- 2026-10-14 — BUSINESSTODAY: **Reliance Power shares fall 2% as ED seizes Sasan Power shares worth Rs 2,027 crore** — Reliance Power, Reliance Power share price, RPOWER, ED seizure order, Sasan Power Ltd, Enforcement Directorate, FEMA, foreign currency convertible bonds, FCCBs, Power Finance Corporation, regulatory action, Reliance Power news — [Source](https://www.businesstoday.in/markets/stocks/story/reliance-power-shares-fall-2-as-ed-seizes-sasan-power-shares-worth-rs-2027-crore-561422-2026-10-14)
- 2026-10-14 — BUSINESSTODAY: **Reliance Power shares in focus after ED seizes Sasan Power shares worth Rs 2,027 crore** — Reliance Power share, Reliance Power share price, Reliance Power news, Reliance Power share price today — [Source](https://www.businesstoday.in/markets/stocks/story/reliance-power-shares-in-focus-after-ed-seizes-sasan-power-shares-worth-rs-2027-crore-561403-2026-10-14)
- 2026-10-07 — Mint: **Retail investors chased small-caps. Now they’re nursing losses** — Small-cap stocks with the highest retail shareholding have performed poorly compared with those with the highest mutual fund shareholding — [Source](https://www.livemint.com/market/stock-market-news/retail-investors-chased-small-caps-now-they-re-nursing-losses-11791263994165.html)
- 2026-09-07 — IANSLIVE.IN: **CBI files 2nd chargesheet in RCFL case, lists 8 Anil Ambani group firms** — New Delhi, Sep 7 (IANS) The Central Bureau of Investigation (CBI) filed a supplementary chargesheet on Monday against 17 more accused persons in the Reliance Commercial Finance Limited (RCFL) case, including three executives of the Anil Ambani-led Reliance ADA Group (Reliance Anil Dhirubhai Ambani Group), eight group companies and six bank officials. — [Source](https://ianslive.in/cbi-files-2nd-chargesheet-in-rcfl-case-lists-8-anil-ambani-group-firms--20260907195103)
- 2026-09-07 — BUSINESSTODAY: **Reliance Finance case gets bigger: CBI chargesheets 17 more, including Group MD, CFO, company secretary** — CBI Reliance Commercial Finance case, Reliance ADA Group case, Rs 6229 crore fund diversion, Reliance Commercial Finance chargesheet, CBI chargesheet Reliance, Amitabh Jhunjhunwala, Amit Bapna, Reliance Power CBI case, Rs 9280 crore bank loss, Reliance ADA Group investigation — [Source](https://www.businesstoday.in/latest/corporate/story/reliance-finance-case-gets-bigger-cbi-chargesheets-17-more-including-group-md-cfo-company-secretary-553767-2026-09-07)
- 2026-08-18 — The Hindu: **Sensex today | Stock Market Live: Sensex down 250 pts in early trade, Nifty below 24,250; Infosys, IndiGo top losers** — Sensex, Nifty, Share Prices LIVE: Indian stocks open on a negative note on Tuesday amid mixed global cues — [Source](https://www.thehindubusinessline.com/markets/stock-market-live-sensex-nifty50-today-live-updates-today-18th-august-2026/article71358725.ece)
- 2026-08-18 — BUSINESSTODAY: **Reliance Power, Reliance Infra shares in focus today; here's why** — Reliance Power share price, Reliance Infra share price, RInfra share price, RPower share price — [Source](https://www.businesstoday.in/markets/stocks/story/reliance-power-reliance-infra-shares-in-focus-today-heres-why-549682-2026-08-18)
- 2026-08-09 — Economic Times: **ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executives** — The Enforcement Directorate has filed chargesheets in two money-laundering cases involving Reliance Anil Ambani Group companies and former executives. The cases concern alleged diversion of funds linked to road projects and Reliance Communications, with the ED attaching assets in both investigations. — [Source](https://economictimes.indiatimes.com/news/india/ed-files-chargesheets-in-2-pmla-cases-against-anil-ambani-group-companies-ex-executives/articleshow/133073666.cms)
- 2026-08-09 — IANSLIVE.IN: **ED files case against Reliance Infra for diverting Rs 187 crore from highway projects** — New Delhi, Aug 9 (IANS) The Directorate of Enforcement (ED) has filed a prosecution complaint against Anil Ambani Group company Reliance Infrastructure Ltd. under the Prevention of Money Laundering Act (PMLA) in a special court here, according to a statement issued by the investigative agency on Sunday. — [Source](https://ianslive.in/ed-files-case-against-reliance-infra-for-diverting-rs-187-crore-from-highway-projects--20260809165703)
- 2026-08-09 — DECCANCHRONICLE.COM: **ED Files Chargesheets In 2 PMLA Cases Against Anil Ambani Group Companies, Ex-executives** — Doshi was arrested by the ED in June and Seth in July, and they are currently in prison under judicial custody. Doshi left the RAAG in 2020. — [Source](https://www.deccanchronicle.com/nation/crime/ed-files-chargesheets-in-2-pmla-cases-against-anil-ambani-group-companies-ex-executives-1977870)
- 2026-08-07 — The Hindu: **Q1 Results 07th Aug Live: SBI, Titan, Hindalco, Hitachi Energy, Power Finance Corporation, Godrej Consumer, Oil India, NLC, Cupid, Kaynes Tech, Ramco Cements, Afcons Infra, Lemon Tree Hotels, Cello to announce Q1 results, LIC, Hero Motocorp, Britannia, Siemens Energy, Muthoot Microfin shares gain, Trent, Premier Energies decline after Q1** — Q1 Results Today, 07th August 2026 Live Updates: Find all the latest Q1 results 2026 updates of Aarti Pharmalabs, Advait Energy Transitions, Amba Enterprises, Afcons Infrastructure, AG Ventures, Akshar Spintex, Alankit, Anuh Pharma, APM Industries, Aqylon Nexus, Archidply Industries, Arihant Superstructures, Arnold Holdings, Aro Granite Industries, Arvind SmartSpaces, Aryan Share and Stock Brokers, Asarfi Hospital, Ashapura Minechem, Ashirwad Steels & Industries, Asit C Mehta Financial Services,... — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-sbi-titan-hindalco-power-finance-corporation-godrej-consumer-oil-india-nlc-kaynes-tech-ramco-cements-afcons-infra-lemon-tree-cello-hitachi-lic-trent-results-07-august-202/article71313123.ece)
- 2026-07-21 — Mint: **SBI Funds prove big debuts can beat bad market days** — A Mint analysis of India's 20 largest IPOs shows market sentiment often shapes listing-day performance, though strong institutional demand can cushion even volatile market debuts. — [Source](https://www.livemint.com/market/stock-market-news/sbi-funds-management-ipo-sbi-funds-listing-ipo-listing-gains-ipo-listing-day-performance-largest-ipos-in-india-11784550778215.html)
- 2026-07-17 — The Hindu: **The IPO paradox: Why bigger isn’t always better** — For most large IPOs, post listing performance is abysmal — [Source](https://www.thehindubusinessline.com/markets/the-ipo-paradox-why-bigger-isnt-always-better/article71234580.ece)
- 2026-07-15 — Times of India: **ADAG companies siphoned off loan money via 53 shell firms: ED** — India News: NEW DELHI: The Enforcement Directorate has informed Supreme Court that NBFC entities of Reliance ADAG - Reliance Home Finance Ltd and Reliance Commerc. — [Source](https://timesofindia.indiatimes.com/india/adag-companies-siphoned-off-loan-money-via-53-shell-firms-ed/articleshow/132403728.cms)
- 2026-07-11 — Orissa POST: **Enforcement Directorate attaches Reliance Power shares, loan receivables worth Rs 1,021 crore - OrissaPOST** — New Delhi: The Enforcement Directorate (ED) on Saturday said it has issued a fresh order to attach assets worth Rs 1,021 crore as part of a money laundering investigation against the Reliance Anil Ambani Group. The provisional order, issued under the Prevention of Money Laundering Act (PMLA), attaches equity shares of Reliance Power held by […] — [Source](https://www.orissapost.com/enforcement-directorate-attaches-reliance-power-shares-loan-receivables-worth-rs-1021-crore)

## Business profile

**Strategic vision:** Develops, constructs, and operates power projects globally.

### Business segments
- **Coal-fired Power Generation:** Operates large-scale thermal power projects, including integrated mine-mouth plants and standalone stations.
- **Gas-fired Power Generation:** Owns power projects designed to operate on natural gas.
- **Renewable Energy Assets:** Operates a portfolio of clean energy assets including solar, wind, and hydroelectric projects.

### Competitive strengths
- Integrated power project development and operation
- Diverse energy generation portfolio

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/rpower
Markdown representation: https://faxioms.com/stocks/rpower?render=md