Shares of Reliance Power fell 11% over two sessions to hit a low of Rs 61.08 on the BSE on Thursday, as investors booked profits after the stock touched a fresh 52-week high of Rs 76.49 on June 11. As of 11 am on Thursday, 138.46 lakh shares of Reliance Power had changed hands on…
READ MOREShares of Reliance Power surged 4.8% on Tuesday to a fresh 52-week high of Rs 67.68 on the BSE, extending a rally that has seen the stock gain 76% over the past month and 173% in the last year. The stock has been buoyed in recent weeks by a combination of project wins, favourable court…
READ MOREReliance Power Ltd, part of the power generation space, rallied over 18% in intraday trade on Friday, supported by strong volumes. The momentum also triggered a buy on the Supertrend indicator on the weekly charts, which is a positive sign for the bulls. The Supertrend indicator is a trend-following technical analysis tool that helps traders…
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