Reliance Power jumps up to 18% on AI-focused strategy

Reliance Power shares rose up to 18% on 1 July 2026, snapping a four-session losing streak, after the company detailed an artificial intelligence and technology-focused expansion through its subsidiaries despite reporting a consolidated net loss of ₹494 crore in Q4 FY26.

The move to add AI and technology-enabled services to its business objects and rename four subsidiaries lifted the stock even as the company posted a full-year net loss of ₹336.89 crore for FY26.

Market overview

Index	1 Jul 2026 Close	Move & % Change	Comments
Nifty 50	24,005	+140 pts (+0.60%)	Opened July series firm, led by realty and FMCG.
Sensex	76,873	approx. +0.52%	Large caps outperformed broader market.
Nifty Midcap	Not stated	over +0.30%	Reflected broad-based positive sentiment.
Nifty Smallcap	Not stated	over +0.30%	Tracked gains in broader market indices.

Note: figures are approximate; final exchange data not available at time of publication.

• Nifty 50 started July series above 24,000, ending at 24,005.
• Sensex settled at 76,873, up 0.52% from previous close.
• Broader indices Nifty Midcap 100 and Smallcap 100 gained over 0.30% each.
• Buying interest was strong in realty, FMCG, auto, PSU and private banks.
• IT, metal and chemicals indices declined, capping headline index gains.
• Crude prices stayed elevated as US Iran peace efforts faced fresh hurdles.
• Iran signalled it would not meet senior US envoys after recent hostilities.
• “The domestic markets entered H2CY26 on an optimistic footing” Vinod Nair, Geojit Investments.
• Nair cited anticipated US India trade agreement and benign oil as sentiment drivers.
• He said markets remain data dependent amid evolving global macro conditions.

Reliance Power stock move and AI strategy

• Reliance Power shares climbed between 18% and over 18% intraday.
• The stock hit intraday highs in the ₹24.84 to ₹29.4 range on the BSE.
• The rally ended a four-day losing streak in the counter.
• The company disclosed an AI and new-age technology push via subsidiaries.
• It added business objects for AI and technology-enabled services to subsidiaries.
• The board approved new names for four units to reflect the AI strategy.

Renamed AI-focused subsidiaries

• Reliance AI Green Power Private Limited newly named subsidiary.
• Reliance AI Power Private Limited aligned with AI-driven power solutions.
• Reliance AI Data Control Private Limited focused on data-related activities.
• Reliance AI Data C Private Limited another AI and data-centric entity.
• “As a step to participate in the rapidly evolving field of AI” company filing.

Financial performance snapshot

Metric	Period	Value	Context
Net profit / (loss)	Q4 FY26	₹494 crore loss	Versus ₹125.57 crore profit a year earlier.
Total income	Q4 FY26	₹1,946.33 crore	Down from ₹2,065.64 crore YoY.
Net profit / (loss)	FY26	₹336.89 crore loss	Versus ₹2,947.83 crore profit in FY25.

• Q4 FY26 marked a swing to loss from profit on a year-on-year basis.
• Total income declined about ₹119 crore in Q4 compared with last year.
• FY26 results showed a reversal from a large profit in FY25.
• The AI announcement came against this backdrop of weaker financials.

Business profile and capacity

• Reliance Power is part of the Reliance Group.
• The company develops, constructs and operates power generation projects.
• Operations span India and select overseas markets.
• Portfolio includes operational assets and projects under development.
• Projects use multiple fuel sources and varied geographies.
• Assets are located near fuel supplies or demand centres for efficiency.
• Operational generation capacity stands at nearly 6,000 MW.

Broader market movers

Top gainers and thematic moves

• RITES jumped 14% to ₹233 after a ₹175.41 crore PMC contract win.
• The contract is from Babasaheb Bhimrao Ambedkar University for campus works.
• Reliance Power, Delhivery, Hexaware Technologies, Aegis Logistics rose 6.3% to 9.5%.
• New-age tech names Eternal, Paytm, CarTrade Tech, PB Fintech advanced 3.4% to 5.7%.
• Swiggy and Lenskart Solutions gained about 3.2% and 3% respectively.
• Capital-market plays JM Financial, MCX, Angel One added over 3% each.
• RailTel Corporation rose 3% to ₹317 after a ₹107.61 crore order.
• The RailTel order came from Mahanadi Coalfields, a Coal India subsidiary.
• FMCG major Dabur India closed with a 5.34% gain.

Top losers and sector pressure

• KPIT Technologies fell 17% to ₹557 after a profit warning.
• KPIT guided for a 1% YoY decline in Q1 dollar revenue.
• The company also lowered its outlook for the rest of FY27.
• IT stocks Coforge, Birlasoft, HCL Technologies, Tech Mahindra dropped 2.5% to 6.5%.
• Tata Communications and TCS also declined in the session.
• Apar Industries extended losses for a fourth day, down 7%.
• Himadri Speciality Chemical slipped 5% to ₹645.
• Muthoot Finance, Tata Power, Polycab India fell over 2% each.
• Latent View Analytics, IIFL Finance, Waaree Energies declined more than 2%.
• JSW Energy and Manappuram Finance also lost over 2%.

Sectoral action

Sector / Index	Direction (approx.)	Key Drivers
Nifty Realty	up 3.58%	Strong buying interest at start of July series.
Nifty Media	up 2.08%	Benefited from broad risk-on sentiment.
Nifty FMCG	up 2.07%	Defensive buying, stock-specific gains like Dabur.
Nifty Auto	up 1.15%	Supported by strong June sales update from M&M.
Nifty PSU Bank	up nearly 1%	Positive bias in financials.
Nifty Private Bank	up nearly 1%	Large private lenders participated in rally.
Nifty IT	down 2%	Hit by KPIT warning and weak guidance.
Nifty Metal	down 1%	Pressure amid global cues and crude-related worries.
Nifty Chemicals	down 0.60%	Profit-taking after recent gains.

• Realty, media and FMCG led sectoral gains on 1 July.
• Auto stocks rallied after Mahindra & Mahindra’s strong June sales update.
• PSU and private banks added to index support with near 1% gains.
• IT index was the worst performer, down 2%.
• Metals and chemicals also ended in the red.

Technical and sentiment backdrop

• Large caps outperformed mid and small caps on valuation comfort.
• Expectations of partial FPI sentiment reversal supported blue chips.
• Market participants tracked US India trade talks for cues.
• Easing Middle East tensions and stable oil aided risk appetite.
• Analysts flagged ongoing sensitivity to global macro and geopolitics.

Reliance Power share performance trend

• The stock hit a 52-week high of ₹71 in July 2025 on BSE.
• It touched a 52-week low of ₹20.23 in March 2026.
• The share has risen 14% over the past week.
• It is up 7.5% in one month and 29% over three months.
• The stock is down 17% over six months.
• It has declined 59% over the last one year.

Frequently Asked Questions

Why did Reliance Power shares rise up to 18% on 1 July 2026?

The stock rallied after Reliance Power announced steps to expand into artificial intelligence and technology-driven businesses through its subsidiaries, including adding AI-related business objects and renaming four units, which lifted sentiment despite recent losses.

What is Reliance Powers recent financial performance?

Reliance Power reported a consolidated net loss of 494 crore in Q4 FY26 versus a profit a year earlier, with total income down to 1,946.33 crore. For FY26, it posted a net loss of 336.89 crore compared with a profit of 2,947.83 crore in FY25.

How did sectoral indices perform on 1 July 2026?

Nifty Realty, Media, FMCG and Auto advanced between about 1% and 3.6%, while Nifty IT fell 2%, and Nifty Metal and Nifty Chemicals declined 1% and 0.60% respectively, as IT stocks reacted to a profit warning from KPIT Technologies.