Reliance Power Share Price Surges
📈 The share price of Reliance Power witnessed a strong buying trend, with the company’s shares trading at ₹20 on March 13, 2024. Last week, on Friday, the company’s shares were trading at ₹26.27, marking a 5% increase.
🔄 Yesterday, the company’s shares hit the upper circuit. The 52-week high for Reliance Power’s share price was ₹33.10, while the low was ₹9.05.
💹 Today, on March 26, 2024, the share price of Reliance Power surged by 4.94% to ₹27.60. On Wednesday (March 27, 2024), the shares rose by 1.63% to ₹28.
🚀 Reliance Power’s shares have seen a jump of over 30% in just seven trading sessions. The company’s shares have been hitting upper circuits consistently in recent days.
💰 Reliance Power recently cleared its debts with ICICI Bank, Axis Bank, and DBS Bank. The company now only has outstanding debt with IDBI Bank.
🔮 Analysts predict further upside potential for Reliance Power’s shares in the short term. The current trading price is ₹30 per share, and the stock could touch ₹34 if it breaks resistance levels.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
