Reliance Power Share Price: Lower circuit in the stock which gave 128% return in one year, share fell 5% due to one news.

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Reliance Power Share Price: After the December quarter results, there is a decline of about 4.86 percent i.e. Rs 1.40 in the shares of Reliance Power on the first trading day of the week. The company’s stocks are trading at Rs 27.40. Let us inform that the integrated net loss of Reliance Power Limited has increased to Rs 1,136.75 crore in the third quarter (October-December, 2023) of the current financial year due to increasing expenses. The company had a net loss of Rs 291.54 crore in the same quarter of the last financial year. In the information given to the stock market, the company said that the total income of the company increased marginally to Rs 2,001.54 crore in the quarter under review, which was Rs 1,936.29 crore in the same quarter of the last financial year. The company’s expenses increased to Rs 3,179.08 crore in the quarter under review, which was Rs 2,126.33 crore in the same quarter of the last financial year.

Reliance Power included in multibagger stock

Reliance Power shares are multibagger for investors. The company has given a return of Rs 128.33 i.e. Rs 15.40 to investors in one year. However, in the last five days the shares of the company have fallen by about Rs 8.67 i.e. Rs 2.60. At the same time, there has been an increase of 50 percent in 6 months.

how was the morning market

There was a rise in early trading in domestic markets on Monday. BSE’s 30-share index Sensex rose 193.43 points to reach 72,279.06 points in early trading. Nifty increased by 51.15 points to 21,904.95 points. Shares of Tata Motors rose by about 8 percent among Sensex companies. Shares of Sun Pharma, Mahindra & Mahindra, Tata Steel, NTPC, Tech Mahindra and Tata Consultancy Services were among the biggest gainers. However, the uproar continues during day trading.

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