Reliance Power: Anil Ambani Stock Hits 5% Upper Circuits In 3 Days, Beats Maharatna NTPC, Power Grid: BUY?

Anil Ambani's powerpack stock, Reliance Power, touched the 5% upper circuit for three consecutive sessions in a row on August 21. Not just that, Reliance Power has been an outperformer in YTD, 1-year and 5 years charts, beating mega Maharatna PSUs like NTPC and Power Grid. There is room for more upside ahead in this private power stock!

Reliance Power Share Price:

On August 21, Reliance Power stock price froze at its 5% upper circuit to Rs 50.08 apiece on BSE, with market capitalisation at Rs 20,711.94 crore.

Notably, Reliance has been hitting 5% upper circuits since August 19th.

The bull run comes after Reliance Power declared that it incorporated a joint venture with the name GDL- Reliance Solar Pte Ltd by Reliance Enterprises Private Limited, an Associate Company of Reliance Power Limited .

GRSPL has been incorporated as a 50:50 JV between Green Digital Private Limited, a State Owned Enterprise of Royal Government of Bhutan and REPL. As per the regulatory filing, Reliance Infrastructure Limited, the promoter company, also holds 25% of the share capital in GRSPL indirectly through REPL. The acquisition of stake in GRSPL is at arm's length.

The JV is a newly incorporated entity that is yet to commence business operations in the renewable energy sector.

Should You BUY Reliance Power?

"After a sharp fall, which started in July, Reliance Power has consolidated in the Rs. 42-45 band before breaking out this week. An uptick in daily average volumes supports the move, with potential upside towards Rs. 60 in the best case scenario. However, given the stock's history of circuit-to-circuit moves, traders should position themselves cautiously, with a stop loss around Rs. 41," said Rahul Sharma, Director, Head - Technical & Derivative Research, JM Financial Services.

Reliance Power Vs NTPC Vs Power Grid:

YTD Performance: So far in 2025, Reliance Power has gained by over 12% on BSE, while NTPC Ltd has surged by 1.6%. On the other hand, Power Grid has tumbled by 8.53% YTD.

1-Year Performance: In a year, Reliance Power advanced by a whopping 38.5%. On the contrary, NTPC and Power Grid have dropped by 17.09% and 15.7% on BSE.

5-Year Performance: Data showed that Reliance Power has skyrocketed by a whopping 1,224.87% in 5-years span, where its stock price has moved from Rs 3.78 on August 21,2020 to cross Rs 50 as of August 21, 2025.

Unlike Reliance Power, NTPC and Power Grid has zoomed by 219.82% and 167.07% in 5 years.

Reliance Power has been established to develop, construct and operate power projects both in India as well as internationally. The Company on its own and through its subsidiaries has a large portfolio of power generation capacity, both in operation as well as capacity under development.

Meanwhile, NTPC is India's largest integrated power company, and is committed to generating efficient and affordable power, aiming to achieve 130 GW by 2032. This is a Maharatna company.

Power Grid Corporation of India Limited (POWERGRID), is a Schedule 'A' Maharatna PSU and the country's largest Electric Power Transmission Utility.

Disclaimer: The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.