Mumbai News, 25 February 2026: Reliance Power Limited (NSE: RPOWER) shares hit a new 52-week low on NSE and BSE today. Investors are cautious due to the performance under new CEO Neeraj Parakh, appointed in January 2025, and challenges in the power sector. On the NSE, the share closed at 25.44 rupees (on 24 February 2026), while today (25 February) it has been trading between 25.30 and 25.80 rupees until 2 pm. The same trend is visible on the BSE as well.
Live updates on NSE and BSE (till 2 PM, 25 February 2026):
NSE:
Open – ₹25.60, High – ₹25.90, Low – ₹25.00 (new 52-week low), current price around ₹25.40, change -1.78% (previous close ₹25.90), volume – over 2.54 crore shares.
BSE:
Same price 25.44 rupees (closing on 24 February), today’s trading range 25.30-25.98 rupees, volume – over 3.5 million.
Market cap: Around 105 billion rupees.
52-week high: ₹76.49 (11 June 2025), low: ₹25.00 (reached today).
The share dropped below 25 rupees this morning, hitting a new low, which has caused panic among investors. In the past six months, the share has fallen by 47%, and in a year, the loss has been over 30%.
Shares hit a new low due to the appointment of the new CEO
Reliance Power appointed Neeraj Parakh as Executive Director and CEO in January 2025. With 29 years of experience and over 20 years at the Reliance Group, Parakh is an expert in thermal and renewable energy projects. The company had high hopes for this appointment, but even after a year, the share price hasn’t improved. Analysts say today’s low point is due to challenges since the appointment. Under Parakh’s leadership, the company is focusing on solar + BESS (Battery Energy Storage System), but the old debt and operational pressure in thermal assets remain.
Reliance Power’s policy, financing, debt and sector challenges:
Reliance Power is the main power company of Anil Ambani’s Reliance Group. The company’s total asset base is around 1,11,000 crore rupees (as of September 2025). Its main business is thermal power (Sasan, Rosa, etc.) and renewable energy (solar + BESS).
Debt situation:
The company has achieved zero net bank debt at the standalone level. In 2025, a fundraising plan of 9,000 crore rupees (QIP, FPO, NCD) was executed, with a major part used for debt reduction. Total long-term debt is around 10,210 crore rupees. The debt-to-equity ratio is the lowest in the industry. In Q1 FY26, 584 crore rupees of debt was serviced.
Financing policy:
The company is focusing on the renewable energy transition. Trying to reduce leverage by selling the Indonesia coal mine (USD 12 million). Made employees partners by starting an ESOP scheme.
Sector challenges:
The main challenges in the Indian power sector include high financing costs (expensive debt for renewables), regulatory changes, environmental norms, low PLF (Plant Load Factor) in thermal plants, coal supply issues and competition for firm dispatchable renewable energy (FDRE). High interest rates and short-tenure debt make renewable projects costly. Although government policies (JNNSM, RPO) encourage renewables, issues with financing and delays in PPA (Power Purchase Agreement) persist.
What do Dalal Street analysts and top brokers say? Reliance Power share target price:
There are mixed reactions on Wall Street. Some analysts are giving a ‘buy’ signal at the current lows, while others are cautious.
- Consensus target: around ₹37 (40% upside) by March 2026 (StockPedia).
- 2026 target range: 35-44 rupees (some independent analysts, Orunodoi report).
- Motilal Oswal, HDFC Securities: Older reports suggested hold/sell, but considering the current debt reduction and solar focus, 40+ rupees seems possible in the long term.
Top brokers: Brokers like Goldman Sachs and Morgan Stanley have a positive outlook on the Reliance Group, but clear targets for Reliance Power are low. Sites like Equitymaster had raised concerns for 2025, but now signs of a turnaround are visible.
Analyst opinion: “The current price is much lower compared to the asset value. If solar + BESS projects succeed under the new CEO’s leadership, a target of 40-50 rupees is possible,” said one Wall Street analyst. On the other hand, some brokers are warning, “If debt servicing and losses in thermal assets continue, further decline is possible.”
Conclusion:
Reliance Power is currently in a transition phase. Investors are keeping an eye on the experience of the new CEO Neeraj Parakh and the renewable focus. However, if sector challenges and the debt legacy persist, there could be short-term pressure. Investors should watch the company’s Q3 FY26 results (December 2025 net sales 1,872 crore) and fundraising progress. The current price may seem attractive for long-term investment, but do keep the risks in mind.
Disclaimer:
(NiftySharePrice.com stock market news are based on publicly available authentic data sources like NSE – BSE and SEBI authorized brokers & analyst only. Investing in the stock market involves risk. So, do your own research and consult your authorized advisors before investing.)
