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flag Reliance Power's stock soars over 2,400% in five years, driven by renewable energy growth, but analysts advise caution.

flag Reliance Power's stock hit a 52-week high of Rs 63.94, up over 2,400% in five years, fueled by growth in renewable energy projects. flag The company recently won a 350 MW solar project and plans a 500 MW project in Bhutan. flag Despite the surge, analysts advise caution near resistance levels due to high volatility and a price-to-earnings ratio of 385.75. flag The stock has also been placed under short-term surveillance due to price fluctuations.

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