Reliance Power shares rose 4.8% today as company made a sudden entry into AI technology
Reliance Power shares witnessed heavy buying pressure during morning trade on Tuesday, June 30, 2026. This sudden surge came shortly after the power generation company announced a major strategic expansion. The company has officially decided to enter artificial intelligence and related tech-driven operations.
According to a new regulatory filing filed with the stock exchange, the firm has already taken some important foundational steps. Anil Ambani’s power utility is integrating tech-focused operations into its larger business framework. These new operations will primarily be managed and operated through several new subsidiaries.
To reflect this technological shift, Reliance Power has changed the legal names of its main business arms. The company has also changed its corporate objects to cover AI-driven and digital infrastructure capabilities. The updated subsidiaries now include Reliance AI Green Power, Reliance AI Power, Reliance AI Data Control, and Reliance AI Data C Private Limited.
Reliance Power Share Price
This sudden corporate change generated significant optimism among equity investors on the National Stock Exchange. The stock quickly jumped 4.8% to an early intraday high of ₹25.30 per unit. By morning, the stock stabilized slightly, trading 2.65% higher at ₹24.78 per share.
This sudden surge has given the company a significant boost in the overall market. Reliance Power’s total market capitalization reached approximately ₹10,264.98 crore in Tuesday’s trading session. Investors are closely monitoring whether this technology integration will significantly alter the company’s long-term financial path.
This strategic update comes at a crucial time for the power generation utility’s financials. Reliance Power recently reported a consolidated net loss of ₹494 crore for the quarter ended March 31, 2026. This quarterly loss ended the company’s short streak of three consecutive profitable quarters.
The firm’s historical data shows that high financial expenses have consistently impacted its bottom line. For the financial year ending in March, the company spent 21.87% of its operating revenue on interest payments. Additionally, employee costs accounted for another 3.05% of the firm’s total revenue pool.
Operationally, the infrastructure firm maintains a total power generation footprint of 5,305 MW. This capacity is heavily reliant on conventional energy, with 5,160 MW generated from thermal assets. The remaining 145 MW of its portfolio comes from various operational renewable energy setups.
Market analysts note that the stock is currently trading at approximately 0.6 times its book value. Over the past twelve months, the stock has seen volatility on the stock exchange. The stock recorded a 52-week high of ₹70.90, while its 52-week low was ₹20.17.
Independent advisory firms recently set a 12-month average target price of ₹30 for Power Asset. Market analysts expect a 20% upside potential in the next financial year if earnings continue to improve. However, analysts caution that competitive sector pressure and high debt costs remain key operational risks.
Disclaimer: All the information provided in this article is for educational and infomational purposes only. We are NOT a SEBI registered investment advisor. DateUpdateGo always advises seeking guidance from a certified financial advisor before making any investment-related decisions.

