Reliance Power share price jumps 18% on AI push in 2026

Stock rallies after AI and technology update

Reliance Power’s share price rose sharply after the company disclosed steps to participate in the artificial intelligence (AI) and new-age technology space through its subsidiaries. On the BSE, the stock surged over 18% to an intraday high of ₹24.84 in one reported session, snapping a four-session losing streak. The move followed a regulatory filing in which the company said it had undertaken enabling measures to incorporate AI and technology-driven activities within its business framework. Investors appeared to respond to the pivot narrative despite the company reporting a weak quarterly outcome.

What the company told exchanges

In its exchange filing, Reliance Power said it was taking steps, through subsidiaries, to participate in the “rapidly evolving field” of AI and allied new-age technologies. The company said the relevant business objects covering AI and technology-enabled services had been added to its subsidiaries. It also said it had adopted new names for four subsidiaries to reflect the move. The filing framed the changes as an enabling step to incorporate AI and related technology-driven activities within the wider business framework.

How the price action played out across sessions

The price reaction was not limited to one market update. Another report in the provided information said Reliance Power gained nearly 5% in intraday trade on Tuesday after announcing its entry into the AI sector through subsidiaries. Following that announcement, the stock rose as much as 4.8% to an intraday high of ₹25.30 on the NSE, and around 11:32 AM it was trading 3.07% higher at ₹24.88.

Separately, market data snapshots included in the text showed the stock last traded at ₹28.30, up 13.93%, after a previous close of ₹24.84. Another snapshot said the share price was ₹26.85 as on 01 Jul, 2026 at 09:58 AM IST, up 8.10% based on a previous share price of ₹24.14. These prints reflect how quickly the stock has been moving around the AI-related disclosure and broader sentiment.

Financial performance: Q4 swings to a loss

The rally came even as Reliance Power reported a weaker quarter on the financial front. The company posted a consolidated net loss of ₹494 crore for the quarter ended March 31. This compared with a consolidated net profit of ₹125.57 crore in the corresponding quarter of the previous financial year.

The provided text also noted that the March 31, 2026 quarter loss came after three consecutive quarters of profits, based on consolidated financials. That swing adds context to why the AI and technology repositioning drew attention, as the market weighed a strategic narrative against recent earnings volatility.

52-week range and longer-term returns remain mixed

Reliance Power’s 52-week levels cited in the material showed a wide range. One data point said the stock hit a 52-week high of ₹71 in July 2025 on the BSE and a 52-week low of ₹20.23 in March 2026. Another set of figures reported a 52-week high of ₹70.90 on July 1, 2025 and a 52-week low of ₹20.17 on March 30, 2026.

Returns data in the provided text was also mixed across different snapshots. One section said the stock has risen 14% in one week, 7.5% in one month, and 29% in three months, while shedding 17% in six months and 59% in one year. Another section, listed under “past returns”, showed Past 1 week: -6.19%, Past 1 month: -11.25%, and Past 3 months: 22.00%. Together, these figures underline that the stock’s short-term trend has been sensitive to timing and the specific measurement window.

Key numbers at a glance

Why the AI angle matters for investors

The disclosure is notable because it signals an attempt to broaden the company’s scope beyond its traditional power business, at least at the subsidiary level. By adding AI and technology-enabled services to the business objects of subsidiaries and renaming four entities, Reliance Power is creating a corporate structure that can legally pursue such activities. For investors, the immediate implication is not about near-term earnings contribution, because the filing in the provided text focused on enabling steps rather than signed contracts or revenue targets. But it can influence sentiment, particularly in a market that often reacts quickly to strategy updates.

Other headlines around the stock

The provided material also referenced other recent developments and headlines that have kept the stock in focus. One section said Reliance Power shares dropped after the Enforcement Directorate filed a chargesheet alleging a fake bank guarantee was used to win a government tender, while the company said it is a victim of fraud and that the chargesheet names individuals and entities linked to the case. Another item noted that the company received Show Cause Notices from SEBI related to matters concerning CLE Private Limited.

Separately, the text also included updates unrelated to the AI filing, such as a reported sale of Indonesian step-down subsidiaries for USD 12 million, and other sessions where the stock moved on governance overhaul and clean-energy milestones. These references illustrate that the stock has been reacting to a stream of catalysts, with the AI announcement becoming the latest trigger.

What to watch next

For now, the market has reacted to the company’s stated intent and structural steps rather than a quantified business plan. Investors will likely track whether subsidiary-level changes lead to additional disclosures, such as partnerships, contracts, or clearer operational details. The next earnings updates will also be watched closely after the March-quarter loss, especially given the contrast with the year-ago profit and the note that the loss followed three consecutive quarters of profits.