Reliance Power shares rally 5% to hit new 52-week high

Reliance Power surged 4.8% to a 52-week high, extending its strong rally driven by project wins, equity infusion, court relief, and a return to profitability in Q4 FY25. The company secured major solar-BESS projects, raised Rs 348 crore via preferential allotments, and posted a net profit of Rs 126 crore. Technical indicators signal strong momentum despite overbought conditions.