The Anil Ambani-promoted firm goals to boost funds by issuing fairness shares or equity-linked devices to certified institutional consumers (QIBs).
The corporate’s board additionally authorised the issuance of secured/unsecured, redeemable, non-convertible debentures as much as Rs 3,000 crore, in a number of tranches, on a non-public placement foundation or in any other case.
The inventory has been a multibagger, rallying 130% over the previous 12 months. It has considerably outperformed headline indices BSE Sensex and Nifty whose returns in the identical interval stand at 2.5% and a pair of.4%, respectively. In 2025, thus far, the inventory has yielded 48% return.
Reliance Energy shares are at present buying and selling above their 50-day and 200-day easy shifting averages (SMAs) of Rs 59.1 and Rs 45.3, respectively, in keeping with Trendlyne knowledge. Nevertheless, the rally has not come with out its share of volatility because the inventory has traded at a excessive beta of 1.1.
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Reliance Energy reported a consolidated web revenue of Rs 126 crore within the quarter ended March 31, 2025, resulting from decrease bills. The corporate posted a lack of Rs 397.56 crore within the quarter ended on March 31, 2024, a regulatory submitting confirmed. Whole earnings dipped to Rs 2,066 crore in Q4FY25 from Rs 2,193.85 crore in the identical interval a 12 months in the past.
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