Reliance Power Ltd is trading at ₹26.93, up 1.09% on the day as of 12:49 IST on the NSE, marking its third consecutive session of gains. According to reports from Business Standard, the stock has gained approximately 0.86% over the last one month, showing steady momentum despite broader market challenges.
The stock's performance comes as the NIFTY is up around 0.34% on the day, quoting at 23,934.35, while the Sensex stands at 76,624.33, up 0.47%. As reported by Business Standard, the broader market indices are showing positive momentum, with the NIFTY Energy index, to which Reliance Power belongs, currently quoting at 39,493.95, up 0.6% on the day.
Despite the recent gains, Reliance Power remains significantly underperformed over longer timeframes. According to Business Standard data, the stock is down 57.68% in the last one year, compared to a 3.7% jump in the NIFTY and a 10.87% jump in the Nifty Energy index. The Nifty Energy index has gained approximately 0.54% in the last one month, showing mixed performance across energy sector stocks.
Trading volume for Reliance Power stood at 169.89 lakh shares today, which is significantly lower than the daily average of 394.56 lakh shares recorded in the last one month. As reported by Business Standard, this reduced trading activity suggests limited investor participation despite the stock's recent positive momentum.
The stock's PE ratio stands at 0 based on trailing twelve months earnings ending March 2026, according to Business Standard data. This zero PE ratio indicates the stock is either loss-making or has minimal earnings, which could explain the significant underperformance relative to market indices over the past year.
