Reliance Power shares tank 4% ahead of board meeting
Anil Ambani's Reliance Power stock rallies 55% in 9 days; board meeting this week | Tracking RPower Share Price
Shares of Reliance Power has rallied a whopping 55 per cent in the past nine sessions. From Rs 31.40 to Rs 48.66, the Anil Ambani led company's stock has been hitting back-to-back upper circuits.
Reliance Power shares tank 4% ahead of board meeting; key details
Reliance Power shares fell 4.33 per cent to hit a low of Rs 44.35 on BSE. A meeting of board of directors of Reliance Power is scheduled for Thursday, October 3, to consider and approve raising of long-term resources by issue of equity shares.
Reliance Power share rises 5% as board to mull long-term fundraising
Reliance Power share soared as much as 5 per cent, logging an intraday high of Rs 48.55 per share on the BSE on Monday. The upmove in RPower share can be attributed to the company's board's decision to mull raising funds from domestic and/or global markets in a meeting on Thursday, October 3.
Anil Ambani led Reliance Power shares plunge 4% ahead of board meeting
Reliance Power shares have shown strong performance across multiple time frames, delivering a 50.81% return in the past month and a 57.06% increase over six months. Year-to-date, the stock has surged 89.
Anil Ambani's Reliance Power to raise $183 mln to expand business operations
India's Reliance Power , part of Anil Ambani's Reliance Group, said on Monday that it plans to raise up to 15.25 billion rupees ($183 million) through a preferential allotment.
Reliance Power shares tumble nearly 5% ahead of board meeting
Shares of Reliance Power fell by 4.6% ahead of its Board meeting on October 3, breaking an 8-day winning streak. The decline follows the company's recent approval to issue up to 46.2 crore equity shares and/or warrants worth Rs 1,
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