Reliance Power, a prominent player in the power generation sector, has witnessed a significant decrease in its share price due to the current market downturn. This article provides live updates on the Reliance Power share price, along with a detailed analysis of its performance. Additionally, it highlights the stock’s peers and offers insights into the price range and recent trends.
The current trading data indicates that Reliance Power’s share price stands at ₹31.34, reflecting a decrease of 2.22% compared to the previous day’s closing price of ₹32.05. This decline represents a net change of -0.71.
Stock Peers Comparison
When compared to its peers in the market, Reliance Power’s share price performance is as follows:
- NLC India: ₹220.5 (-0.09% change)
- CESC: ₹136.95 (+0.96% change)
- Reliance Power: ₹31.11 (-2.93% change)
- Rattanindia Enterprises: ₹85.47 (-0.48% change)
- Jaiprakash Power Ventures: ₹16.82 (-0.88% change)
Today’s Price Range for Reliance Power
The share price range for Reliance Power on the current trading day is ₹30.97 as the low price and ₹32.85 as the high price.
Price Analysis: Short-term and Long-term Trends
- 1 Week: +33.82%
- 3 Months: +64.85%
- 6 Months: +112.96%
- Year-to-Date: +37.55%
- 1 Year: +121.8%
In the previous trading session, Reliance Power’s share price closed at ₹31.41. The stock witnessed a positive movement with an increase of 2.04% from the previous closing price of ₹31.41.
FAQs
Amid the current market downturn, various factors such as economic uncertainties, industry trends, and investor sentiments contribute to the decline in Reliance Power’s share price.
Reliance Power’s share price performance is in line with its peers. However, specific market conditions and company-specific factors can influence the relative performance.
3. What is the market capitalization of Reliance Power?
Reliance Power’s market capitalization currently stands at ₹12,214.84 crore.
4. What is the 52-week high and low for Reliance Power’s stock?
The 52-week high for Reliance Power’s stock is ₹32.99, while the 52-week low is ₹9.05.
The share price of Reliance Power can vary throughout the trading day, with a low of ₹30.97 and a high of ₹32.85 observed on the current trading day.
In conclusion, Reliance Power’s share price has experienced a downturn amid the current market conditions. While fluctuations are expected, investors should carefully analyze the company’s performance and market trends before making any investment decisions.