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Reliance Power Stock Price Drops by 4.99% as Trading Volume Surges

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5 months ago

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The stock price of Reliance Power experienced a significant decline of 4.99% in today’s trading session. The stock opened at ₹26.32 and closed at ₹26.4, marking a noticeable drop in value.

Throughout the day, Reliance Power fluctuated between a high of ₹27.27 and a low of ₹26.15, impacting market sentiment and investor behavior.

The market capitalization of Reliance Power currently stands at ₹10,701.21 crore, positioning the company within the market’s radar for both traders and analysts.

Analysis of the trading volume of Reliance Power reveals a surge of 82.02% compared to the previous day, indicating heightened activity and interest in the stock.

When comparing Reliance Power with its industry counterparts, it is observed that Jaiprakash Power Ventures, KPI Green Energy, Rattanindia Enterprises, and Rattan India Power exhibited mixed performance trends.

In a broader market context, benchmark indices Nifty and Sensex displayed slight upticks of 0.19% and 0.22% respectively, showcasing the overall sentiment of investors.

Rachel Adams

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