The stock had soared over 60 percent in the past month, driven by strong investor sentiment following the announcement that the Anil Ambani-led company had become debt-free.

Reliance Power shares are currently trading above their 5-day, 50-day, 100-day, and 200-day moving averages, with a relative strength index (RSI) of 79, indicating overbought conditions. Read on further to find out about Anil Ambani's Reliance Power share price,

This will be the second board meeting after Reliance Power held one on September 23, 2024, with the board approving a ₹1,524.60 crore preferential issue

Reliance Power share price has rallied 21% in the last five trading sessions. While, the stock has given returns of 51% in past one month.

Reliance Power shares hit a 5 percent lower circuit for the third session in a row amid profit-booking, following a strong 60 perent surge last month after the company declared itself debt-free.

The Reliance Anil Dhirubhai Ambani Group stock, after adding 72% in 15 sessions between September 12 and October 3, has fallen over 14% in three days.