Those who invested in the shares of Reliance Power Limited, a company of Reliance Group, lost more than 93 percent
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More than 93 percent broken stock
The stock of Reliance Power Ltd has lost up to 93.51 per cent so far. On February 15, 2008, the stock was trading at Rs.224. Since then, there has been a continuous decline in this stock. At present, this stock has fallen to the level of Rs 16. Investing in the stock market without knowledge can result in losses. In such a situation, before investing in any stock, you must talk to your financial advisor.
Now visible speed
Shares of Reliance Power Ltd have been witnessing a boom for some time now. The stock has gained 18 per cent in the last 5 days. The stock has gained up to 34.48 per cent in the last one month. The reason for this rise in the shares of Reliance Power Ltd is a special deal. According to media reports, Hearty Pvt Ltd bought 22456185 shares at Rs 14.59 and sold these shares at Rs 14.63.
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