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Reliance Power hits 5% upper circuit as board approves Rs 1,524.60 cr preferential issue
Reliance Power shares have shown strong performance across multiple time frames, delivering a 10.64% return in the past month and a 38.22% increase over six months. Year-to-date, the stock has surged 59.
Reliance Power stock locked at 5% upper circuit on Rs 1,525 crore preferential issue
Reliance Power shares surged 5% after the company announced a preferential issue of equity shares worth Rs 1,524.60 crore, aimed at strengthening its financial position and expanding into renewable energy.
Reliance Power shares in focus on Rs 1,525 crore preferential issue; key details
Reliance Infrastructure would hold 24.88 per cent and the aggregate shareholding of the promoter group would be 24.95 per cent of the paid-up equity share capital of the company post the allotment.
Reliance Power announces ₹1,525 crore preferential share issue
Reliance Power’s board of directors approved the issue of preferential shares to raise ₹1,524.60 crore, the company said in an exchange filing on Monday.
Reliance Power hits 5% upper circuit after board's nod for fundraise
Reliance Power share price was locked in the 5 per cent upper circuit at Rs 40.06 per share on the BSE. The stock also reached its 52-week high on Tuesday
Reliance Power to Raise Rs 1,525 Cr via Preferential Issue
Reliance Power seeks shareholder approval to raise Rs 1,525 crore through a preferential issue, with promoters investing Rs 600 crore. The proceeds will be used for business expansion, debt reduction,
Reliance Power announces ₹1,524.60 Crore preferential issue
The preferential allotment will increase Reliance Power's net worth from ₹11,155 Crore to above ₹12,680 Crore, according to a filing.
Republic Business on MSN
21h
Reliance Power surges for ninth straight session, here's why
Shares of Anil Ambani-backed Reliance Power (RPower) were locked in 5 per cent upper circuit at Rs 40.06 on the Tuesday. The ...
2d
Reliance Power board meeting on Sept 23; firm to consider fund raise
Anil Ambani's Reliance Group has in recent years seen marquee firms being auctioned in insolvency proceedings and piling debt ...
moneycontrol.com
1d
Stock Radar: ONGC, Reliance, PNB, AstraZeneca, GR Infra, BGR Energy, Arkade Developers, Coal India in focus on Tuesday
Punjab National
Bank
, SAIL Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by ...
SiliconIndia
17h
Stocks to Focus: Reliance Power, Vodafone Idea, SpiceJet, NHPC, PNB
Reliance Power, Vodafone Idea, SpiceJet, NHPC, PNB - Stocks to Watch: Tuesday,4, 2024 Markets in India are poised for a ...
cnbctv18
23h
Marketbuzz Podcast with Kanishka Sarkar: Nifty 50 at the cusp of 26,000, Reliance Power, Senco in focus
The Nifty 50 is now only 70 points away from the mark of 26,000. This morning, GIFTNifty was trading with a premium of more ...
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