Anil Ambani The power company- Reliance Power’s shares continue to raise a rage. Despite the decline in the stock market on Monday, Reliance Power’s shares are seeing a rage. The company’s shares were trading at Rs 61.86 at Rs 61.86 at 02.25 pm today at 02.25 pm. Today, during the trading, the company’s shares reached an Intrade high of Rs 62.80 with a bumper gain of about 8 percent, which became its new 52 week high. On Monday, Reliance Power shares touched an intraday of Rs 58.51.
How much share price has risen in the last 1 month
On Friday last week, Reliance Power’s shares saw a splash of about 16 percent, after which the shares closed their new 52 week high and closed at Rs 60.5. Let us tell you that its 52 week is Rs 23.26. According to BSE data, Reliance Power shares have recorded a jump of 22.17 percent in the last 1 week, 35.65 percent in 2 weeks and 54.23 percent in the last 1 month. Talking about the last 5 years, it has registered a gain of 2821.70 percent.
What is the reason behind this stormy boom in Reliance Power shares
The company’s announcement is behind this stormy lead in the shares of Reliance Power. In fact, on May 28, Anil Ambani’s company announced that his subsidiary Reliance Nu Energies had received a 350 MW Inter-State Transmission System (ISTS) solar energy projects and 175 M
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