Reliance Power shares have soared 73 per cent in the past one month. The stock is up 124 per cent year-to-date and 186 per cent in the past one year.

Reliance Power (RPower), led by Anil Ambani, has seen its shares surge by around 55% over the past nine trading sessions. From a closing price of Rs 31.40 on September 17, the stock has been hitting upper circuits consecutively, reaching Rs 48.66 by the latest session.

On October 2, 2024, Anil Ambani-run Reliance Group announced a significant partnership with Druk Holding and Investments Ltd. (DHI), the investment arm of the Royal Government of Bhutan, to enhance the renewable energy landscape in the country.

Anil Ambani-run Reliance Group said on Wednesday it would jointly develop solar and hydro power projects in Bhutan along with the government's investment arm. The Indian conglomerate, run by the younger brother of Asia's richest man Mukesh Ambani,

The shares of Anil Ambani -led Reliance Power are making headlines as they continue to climb, hitting the 5 per cent upper circuit for the 11th consecutive session, priced at Rs 53.65 per share on Thursday (October 3).

Shares of Reliance Power jumped to a new 52-week high after the company announced a partnership with Bhutan's Druk Holding to develop large solar and hydroelectric projects.

Anil Ambani-backed Reliance Power shares surged by 5 per cent for the eleventh consecutive session on October 3, hitting a fresh 52-week high of Rs 53.65 on the NSE and Rs 53.64 on the BSE. The rally comes as the company announced its entry into Bhutan’s renewable energy sector,