You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

Reliance Power corrects on profit booking

Capital Market 

Power fell 3.10% to Rs 59.40 at 11:00 on on profit booking after a recent rally.

Meanwhile, the Sensex was up 70.42 points, or 0.20% to 34,423.21.

On the BSE, 24.50 lakh shares were traded in the counter so far, compared with average daily volumes of 88.37 lakh shares in the past two weeks. The stock had hit a high of Rs 62 and a low of Rs 59 so far during the day.

The stock hit a 52-week high of Rs 65.20 on 2 January 2018. The stock hit a 52-week low of Rs 34.65 on 15 November 2017.

Shares of Power rose 7.73% in three trading sessions to settle at Rs 61.30 yesterday, 8 January 2018, from its close of Rs 56.90 on 3 January 2018.

On a consolidated basis, Power's net profit rose 0.4% to Rs 273.15 crore on 7.7% decline in net sales to Rs 2282.17 crore in Q2 September 2017 over Q2 September 2016.

Power is India's leading private sector power generation and coal resources company.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 09 2018. 10:52 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU