Reliance Power Share Price Surges by 7% to Reach Rs 28
π Anil Ambani’s Reliance Power has seen a significant increase in its share price. The company’s share price rose by 7% on Tuesday to reach Rs 28. On Monday, the company’s share closed at Rs 26.07.
π Over the past few years, Reliance Power’s shares have shown a rapid growth of over 2,300%. During this time, the company’s shares have increased from Rs 1 to Rs 28.
π The 52-week high for Reliance Power’s shares is Rs 34.35, while the 52-week low is Rs 13.80. On Wednesday (12 June 2024), the share was trading at Rs 31.5, up by 9.94%.
Reliance Power’s Multi-bagger Returns in the Last Four Years
π° Reliance Power, owned by Anil Ambani, has given multi-bagger returns to investors in the last four years. The company’s shares were trading at Rs 1.13 on 27 March 2020 and have now reached Rs 28 on 11 June 2024.
π In just four years, Reliance Power’s shares have given investors a return of over 2,300%. If someone had invested Rs 1 lakh in Reliance Power’s shares on 27 March 2020 and held onto their investment, the current value would be Rs 24.77 lakh.
Impressive Growth in the Last Year
π In the past year, Reliance Power’s share price has surged by over 75%. The share was trading at Rs 15.85 on 12 June 2023 and has now reached Rs 28 on 11 June 2024.
π In the last three months alone, Reliance Power’s shares have seen a growth of nearly 40%. On 13 March 2024, the share was trading at Rs 20.38 and has now reached Rs 28 on 11 June 2024.
π Over the past five days, Reliance Power’s share has increased by around 20%.
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