Explained: Why Reliance Power share price hit upper circuit today
2 weeks, 5 days ago

Explained: Why Reliance Power share price hit upper circuit today

India Today  

Shares of Reliance Power surged 5% to hit the upper circuit at Rs 41.09 on Wednesday, following the withdrawal of a debarment notice by the Solar Energy Corporation of India. In a December 3 exchange filing, Reliance Power announced that SECI had revoked its debarment notice, allowing the company and its subsidiaries—excluding Reliance NU BESS —to participate in SECI’s tenders. The withdrawal of SECI’s notice is expected to bolster Reliance Power's opportunities in renewable energy projects, as SECI serves as the nodal agency for implementing India’s green energy initiatives. Financially, Reliance Power reported a consolidated net profit of Rs 2,878.2 crore in Q2FY25, marking a sharp turnaround from a net loss of Rs 237.76 crore in the same quarter last year.

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History of this topic

Anil Ambani-owned Reliance Power share price hits 5% upper circuit after subsidiary wins 930 MW order from SECI
1 week, 4 days ago

Anil Ambani-owned Reliance Power share price hits 5% upper circuit after subsidiary wins 930 MW order from SECI

Live Mint  

Reliance Power share price was locked in at 5% upper circuit at ₹46.24 apiece on Thursday after the company said its subsidiary bagged an order from Solar Energy Corporation of India. Reliance NU Suntech, a subsidiary of Reliance Power, won a 930 MW solar energy contract with battery energy storage system project from the SECI in an e-reverse auction held …

Anil Ambani-owned Reliance Power share price jumps over 3%. Here’s why
2 weeks ago

Anil Ambani-owned Reliance Power share price jumps over 3%. Here’s why

Live Mint  

Reliance Power share price rallied over 3% on Monday after the Anil Ambani-owned company announced settling of loan default by its subsidiary Samalkot Power. In another development last week, the Solar Energy Corporation of India withdrew its order barring Reliance Power from renewable energy tenders. However, on December 3, Reliance Power informed that the Solar Energy Corporation of India withdrew …

Solar Energy Corp withdraws debarment order against Reliance Power
Trending News
2 weeks, 6 days ago

Solar Energy Corp withdraws debarment order against Reliance Power

Live Mint  

New Delhi: The Solar Energy Corporation of India has withdrawn its order barring Reliance Power from renewable energy tenders. On 6 November, Seci had barred Reliance Power and its subsidiary Reliance NU BESS from participating in tenders floated by the state-run entity for three years over alleged submission of fake documents by the companies. In September, Reliance Power successfully secured …

Reliance Power Share Price Today on 28-11-2024: Reliance Power share price are up by 3.71%, Nifty down by -0.74%
3 weeks, 4 days ago

Reliance Power Share Price Today on 28-11-2024: Reliance Power share price are up by 3.71%, Nifty down by -0.74%

Live Mint  

Reliance Power Share Price Today on 28-11-2024: At 28 Nov 11:26 today, Reliance Power shares are trading at price ₹39.7, 3.71% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at …

Delhi High Court stays Seci order barring Reliance Power from renewable energy bids
3 weeks, 6 days ago

Delhi High Court stays Seci order barring Reliance Power from renewable energy bids

Live Mint  

New Delhi: The Delhi High Court has granted a stay on Solar Energy Corporation of India's notice of debarment against Reliance Power and its subsidiaries except for Reliance NU BESS, formerly known as Maharashtra Energy Generation Limited. Reliance Power said in a regulatory filing that it had challenged Seci’s notice of debarment in the Delhi High Court. In September, Reliance …

Reliance Power Share Price Today on 26-11-2024: Reliance Power share price are up by 0.37%, Nifty down by -0.05%
3 weeks, 6 days ago

Reliance Power Share Price Today on 26-11-2024: Reliance Power share price are up by 0.37%, Nifty down by -0.05%

Live Mint  

Reliance Power Share Price Today on 26-11-2024: At 26 Nov 11:29 today, Reliance Power shares are trading at price ₹34.86, 0.37% up from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Reliance Industries Share Price Today on 26-11-2024: Reliance Industries share price are up by 0.3%, Nifty down by -0.01%
Top News
3 weeks, 6 days ago

Reliance Industries Share Price Today on 26-11-2024: Reliance Industries share price are up by 0.3%, Nifty down by -0.01%

Live Mint  

Reliance Industries Share Price Today on 26-11-2024: At 26 Nov 11:15 today, Reliance Industries shares are trading at price ₹1291.65, 0.3% up from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at …

Reliance Power Share Price Today on 25-11-2024: Reliance Power share price are up by 4.34%, Nifty up by 1.79%
4 weeks ago

Reliance Power Share Price Today on 25-11-2024: Reliance Power share price are up by 4.34%, Nifty up by 1.79%

Live Mint  

Reliance Power Share Price Today on 25-11-2024: At 25 Nov 11:28 today, Reliance Power shares are trading at price ₹36.56, 4.34% up from the previous closing price. On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at …

Reliance Industries Share Price Today on 25-11-2024: Reliance Industries share price are up by 2.69%, Nifty up by 1.81%
Top News
4 weeks ago

Reliance Industries Share Price Today on 25-11-2024: Reliance Industries share price are up by 2.69%, Nifty up by 1.81%

Live Mint  

Reliance Industries Share Price Today on 25-11-2024: At 25 Nov 11:26 today, Reliance Industries shares are trading at price ₹1300, 2.69% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Reliance Industries Share Price Today on 22-11-2024: Reliance Industries share price are up by 1.39%, Nifty up by 1.04%
1 month ago

Reliance Industries Share Price Today on 22-11-2024: Reliance Industries share price are up by 1.39%, Nifty up by 1.04%

Live Mint  

Reliance Industries Share Price Today on 22-11-2024: At 22 Nov 12:09 today, Reliance Industries shares are trading at price ₹1240.2, 1.39% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Anil Ambani’s Reliance Power in trouble as renewable energy agency initiates criminal action over fake bid
1 month, 1 week ago

Anil Ambani’s Reliance Power in trouble as renewable energy agency initiates criminal action over fake bid

Live Mint  

Solar Energy Corporation of India Ltd, India's top renewable energy agency, has sent a notice to Reliance Power asking why it should not initiate criminal proceedings after a subsidiary of the Anil Ambani-led power producer submitted fake documents for a bid, reported the news agency Reuters citing a notice issued on Wednesday, November 13. Last week, the SECI banned Reliance …

Reliance Industries Share Price Today on 12-11-2024: Reliance Industries share price are up by 0%, Nifty down by -1.07%
1 month, 1 week ago

Reliance Industries Share Price Today on 12-11-2024: Reliance Industries share price are up by 0%, Nifty down by -1.07%

Live Mint  

Reliance Industries Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Reliance Industries shares are trading at price ₹1273.1, 0% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Reliance Industries Share Price Today on 11-11-2024: Reliance Industries share price are down by -0.85%, Nifty down by -0.03%
1 month, 1 week ago

Reliance Industries Share Price Today on 11-11-2024: Reliance Industries share price are down by -0.85%, Nifty down by -0.03%

Live Mint  

Reliance Industries Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Reliance Industries shares are trading at price ₹1273.05, -0.85% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Anil Ambani’s Reliance Power shares hit 5% lower circuit after SECI notice
1 month, 2 weeks ago

Anil Ambani’s Reliance Power shares hit 5% lower circuit after SECI notice

Live Mint  

Reliance Power share price: Shares of Anil Ambani's Reliance Power opened at a 5% lower circuit at ₹41.47 on the BSE on Friday, November 8, following a notice from the Solar Energy Corporation of India Limited. The notice stated that Reliance Power and its subsidiary are barred from participating in SECI tenders for the next three years. SECI has barred …

Solar Energy Corp bars Anil Ambani’s Reliance Power for 3 years over fake tender document
1 month, 2 weeks ago

Solar Energy Corp bars Anil Ambani’s Reliance Power for 3 years over fake tender document

Live Mint  

New Delhi: In a setback for Reliance Power’s green energy plans, Solar Energy Corp. of India has barred the Anil Ambani company, its subsidiaries and Reliance NU BESS Ltd from participating in tenders issued by the state-owned company for three years. This ban comes in response to the submission of alleged fake documents by the Anil Ambani companies in a …

Reliance Industries Share Price Today on 07-11-2024: Reliance Industries share price are down by -1.5%, Nifty down by -1.16%
1 month, 2 weeks ago

Reliance Industries Share Price Today on 07-11-2024: Reliance Industries share price are down by -1.5%, Nifty down by -1.16%

Live Mint  

Reliance Industries Share Price Today on 07-11-2024: At 07 Nov 16:01 today, Reliance Industries shares are trading at price ₹1305.65, -1.5% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Power Grid Corp Q2 results: Net profit rises 0.3% YoY to ₹3,793 crore; company declares ₹4.5/share interim dividend
1 month, 2 weeks ago

Power Grid Corp Q2 results: Net profit rises 0.3% YoY to ₹3,793 crore; company declares ₹4.5/share interim dividend

Live Mint  

Power Grid Corporation, a Maharatna Central Public Sector Undertaking and the largest electric power transmission company, reported a weaker-than-expected performance for the second quarter of financial year 2025 on Wednesday, November 6. The company posted a consolidated revenue of ₹11,277 crore for Q2 FY25, marking a marginal increase of 0.1% compared to ₹11,267 crore posted in the same period last …

Reliance Industries Share Price Today on 06-11-2024: Reliance Industries share price are up by 1.5%, Nifty up by 1.12%
1 month, 2 weeks ago

Reliance Industries Share Price Today on 06-11-2024: Reliance Industries share price are up by 1.5%, Nifty up by 1.12%

Live Mint  

Reliance Industries Share Price Today on 06-11-2024: At 06 Nov 16:00 today, Reliance Industries shares are trading at price ₹1325.55, 1.5% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Reliance Power share: Why is Anil Ambani-owned stock rising post-Budget 2024?
4 months, 2 weeks ago

Reliance Power share: Why is Anil Ambani-owned stock rising post-Budget 2024?

Live Mint  

Stocks to buy: Reliance Power shares have been on an uptrend after the presentation of Budget 2024. On 23rd July 2024, Reliance Power share price finished at ₹26.94 per share on the NSE, and since then, it has been hitting a 52-week high regularly. They said the market expected the budget benefit to trickle down into the company's balance sheet …

Reliance Power shares rise 35% in eight days: Should you buy or sell?
8 months, 3 weeks ago

Reliance Power shares rise 35% in eight days: Should you buy or sell?

Hindustan Times  

Reliance Power share price: Shares of Reliance Power shares seen an upward trend for over a week. Reliance Power shares have touched the upper circuit on all sessions except on Tuesday last week. In the last eight straight sessions, Reliance Power share price has risen from ₹20.40 to ₹27.60 apiece levels on NSE which means about 35 per cent appreciation. …

Why is Anil Ambani-backed Reliance Power share price is skyrocketing — explained
9 months ago

Why is Anil Ambani-backed Reliance Power share price is skyrocketing — explained

Live Mint  

Reliance Power shares have been in an uptrend for the last one week. After bottoming out at around ₹20 apiece level on 13th March 2024, Reliance Power share price finished at ₹26.30 per share level on Friday last week. They said that Reliance Power share price today has strong support placed at ₹22 apiece level whereas it is facing a …

Anil Ambani-led Reliance Power share price hits 5% upper circuit, what’s driving the rally?
9 months ago

Anil Ambani-led Reliance Power share price hits 5% upper circuit, what’s driving the rally?

Live Mint  

Reliance Power's stocks surged by 5% on March 20, hitting a peak of ₹23.83 on the BSE. This uptick follows reports of the Anil Ambani-led company successfully clearing debts owed to three major banks - ICICI Bank, Axis Bank, and DBS Bank - the previous week. According to The Economic Times report, Reliance Power's parent company Reliance Infrastructure is actively …

Anil Ambani-led Reliance Power shares hit 5% upper circuit: What's happening?
9 months ago

Anil Ambani-led Reliance Power shares hit 5% upper circuit: What's happening?

Hindustan Times  

Shares of Reliance Power rose 5% today and reached day's high of ₹23.83 on the BSE. The reports also claimed that its parent Reliance Infrastructure is working towards settling dues of ₹2,100 crore to JC Flowers Asset Reconstruction Company. Stock market today: Anil Ambani-led Reliance Power's shares hit upper circuit on March 20. Reliance Power financials Reliance Power disclosed earlier …

Reliance share price at record high: What exactly is happening and why
10 months, 3 weeks ago

Reliance share price at record high: What exactly is happening and why

Hindustan Times  

Shares of Reliance Industries are trading at a record high today which has led to the stock crossing market capitalisation of ₹19 lakh crore for the first time. Reliance Share Price: Reliance Industries Chairman, and Managing Director Mukesh Ambani. With its market capitalisation crossing ₹19 lakh crore, Reliance Industries is the most valued company in the Indian stock market. This …

Reliance Industries posts 9 per cent surge in Q3 net profit to Rs 17,265 crore
11 months ago

Reliance Industries posts 9 per cent surge in Q3 net profit to Rs 17,265 crore

India TV News  

Reliance Industries Limited reported a 9 per cent rise in its third quarter net profit which stood at Rs 17,265 crore. Jio Platforms Limited witnessed an 11.4 per cent Y-o-Y increase in revenue, driven by robust subscriber growth in mobility and homes, along with improved average revenue per user. Reliance Retail Ventures Limited showed a strong performance, with a 22.8 …

Reliance Industries Q1FY24 Net Profit Declines 6% Dented By Oil-To-Chemicals Performance
1 year, 5 months ago

Reliance Industries Q1FY24 Net Profit Declines 6% Dented By Oil-To-Chemicals Performance

News 18  

Reliance Industries Ltd reported on July 21 a year-on-year decrease of 6 percent in the consolidated net profit at Rs 18,258 crore in the first quarter of the financial year 2023-24 as muted performance in the oil-to-chemicals partly offset the strong growth in consumer-facing businesses The conglomerate’s consolidated total revenue in the June quarter declined to Rs 231,132 crore from …

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