RPOWER.NSE Reliance Power Ltd
922
| Market Cap | 103.84B |
| 52-Wk High | 34.45 |
| 52-Wk Low | 11.05 |
Foreign investors brave smallcap corrections, raise stakes in March quarterMoneycontrol • 14 days ago
FIIs raised stakes in almost 60 percent of firms on the BSE SmallCap index in the March quarter. Out of 1,000 BSE SmallCap index stocks, 596 saw a rise in FII holding
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At 10 am, Reliance Power was down, trading at Rs 26. JSW Energy also saw a slump of 1.29 percent and was trading at Rs 608.50.
Several stocks with very high retail investor base, rode the market rally to turn multibaggers in FY24. Moneycontrol has listed top 30 firms with the largest retail shareholder base, and selected 10 out of them with at least 100 percent rise this fiscal
Reliance Power Ltd's two subsidiaries -- Kalai Power Pvt Ltd and Reliance Cleangen Ltd, have signed a debt settlement and discharge agreement with Reliance Commercial Finance Ltd (RCFL), a wholly-owned subsidiary of Authum Investment & Infrastructure Limited, a regulatory filing said.
The volumes generated by high frequency trading firms (HFTs), more often than not, attracts retail investors to these stocks. The stocks gained between 7-18 percent as trading volumes jumped multi-fold compared to one-month average.