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Huge return of 1911%, shares hit upper circuit for the 10th consecutive day, investors became rich – Top News Bulletin


Anil Ambani Shares of the company Reliance Power are making new records every day these days. The strong rise in the shares of Reliance Power continues. The company's shares hit upper circuit for the 10th consecutive day today and the share price closed at a new record of Rs 51.10. Today on Tuesday too, Reliance Power shares registered a rise of 4.99 percent, with which the company's shares also made their new 52 week high.

Upper circuit started as soon as the market opened on Tuesday

Shares of Reliance Power, which closed at Rs 48.67 on Monday, hit the upper circuit as soon as trading started on Tuesday. In fact, today the company's shares opened and closed at Rs 51.10 with a rise of 4.99 percent (Rs 2.43). From this it can be understood how much excitement there is among investors to buy shares of Reliance Power. Despite this, people did not get a chance to buy shares of the company today.

The company's shares opened with a decline on Monday

Last week on Friday, the company's shares closed at Rs 46.35. On Monday, September 30, Reliance Power shares opened with a decline of Rs 46.25. Immediately after the start of trading, profit booking was seen in the company's shares and its price fell by about 5 percent to Rs 44.21. However, in the afternoon the shares not only recovered the losses but also hit the upper circuit with a gain of Rs 4.98 and reached a new 52 week high of Rs 48.66.

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Company board meetings to be held on October 3

Since closing at Rs 31.40 on September 17, the company's shares have been continuously hitting the upper circuit. The company's board meeting is also to be held on Thursday, October 3, in which the proposal to raise funds is to be considered.

Reliance Power increased by 1911% in last 5 years



Image Credit: India-Tv.

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