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Why did Anil Ambani-owned Reliance Power rise 45% in April?
short by Vaishnavi Mishra / on Tuesday, 21 April, 2026
Anil Ambani-owned Reliance Power shares touched an intraday high of ₹29.69 on Tuesday. With this jump, shares have surged 45% in the month of April. The stock is rising on strong fundamentals, with the biggest trigger being the recently achieved debt-free status, according to experts. Markets seem to be pricing in a turnaround and stronger FY26 outlook, an expert said.
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