Archive · 11 Dec 2025
Reliance Power shares drop 53% in six months
Reliance Power's shares have dropped a lot, about 53%, in the last six months.
The company says it's not at fault and that other people tricked them.
The government's money-laundering investigators are looking into the company, but the company says it's not guilty.
Some experts say the share price might go up or down based on certain levels.
The company also said that a lot of the money mentioned in the investigation is from another company that's not part of their group anymore.
Reliance Power shares fell 1.38% to Rs 33.51, a 52.98% drop in six months.
ED filed a supplementary complaint against RPower, its subsidiaries, and third parties.
RPower claims to be a victim of fraud and denies any wrongdoing.
ED provisionally attached assets worth Rs 10,117 crore, with Rs 8,078 crore pertaining to Reliance Communications Ltd (RCom).
Analysts suggest key support at Rs 30 and resistance at Rs 36–40.
- Who
- Reliance Power Ltd (RPower) and its subsidiaries
- What
- Shares have declined 52.98% in six months; ED filed a supplementary complaint
- When
- Recent drop followed the ED's filing; FIR registered on November 11, 2024
- Where
- India
- Why
- ED's complaint and allegations of fraud, forgery, and cheating by third parties
- Current Share Price
- Rs 33.51
- Six-Month Decline
- 52.98%
- ED Complaint
- Supplementary prosecution complaint filed
- Company's Stance
- Claims to be a victim of fraud
- Provisional Asset Attachment
- Rs 10,117 crore (Rs 8,078 crore pertains to RCom)
- Analyst Support Level
- Rs 30
- Analyst Resistance Level
- Rs 36–40
- Anil Ambani's Role
- Not on the board for over 3.5 years