Promoter shareholding increased by 1.75% YoY and 1.72% QoQ, indicating confidence from insiders, despite sector averages showing no change.

Institutional investors and the public have decreased their holdings, with -0.27% YoY and -1.28% QoQ for institutions, signaling a lack of broad market confidence in Reliance Power.

Compared to sector leaders like RELTD, which saw a 3.02% YoY institutional increase, Reliance Power is underperforming, suggesting it is out of favor among smart money.