There has been a stormy rise in the shares of Anil Ambani’s company Reliance Power. Shares of Reliance Power rose by 10% on Tuesday to reach Rs 28.67. The company’s shares had closed at Rs 26.07 on Monday. Reliance Power shares have increased by more than 2400% in the last 4 years. Shares of the power company have increased from Re 1 to Rs 28 during this period. The 52-week high level of Reliance Power shares is Rs 34.35. At the same time, the 52-week low level of the company’s shares is Rs 13.80.
Company’s shares crossed Rs 1 to Rs 28
Shares of Anil Ambani-owned company Reliance Power have given multibagger returns in the last 4 years. Shares of Reliance Power were at Rs 1.13 on March 27, 2020. The shares of the company have reached Rs 28.67 on June 11, 2024. Reliance Power shares have given returns of more than 2400% to investors in a period of just over 4 years. If a person had invested Rs 1 lakh in Reliance Power shares on March 27, 2020 and had maintained his investment, the current value of these shares would have been Rs 25.37 lakh.
Loot to buy shares worth ₹10, company made big announcement before SEBI action
Shares rise by more than 80% in 1 year
Reliance Power shares have risen by more than 80 percent in the last one year. Shares of Reliance Power were at Rs 15.85 on June 12, 2023. The shares of the company have reached Rs 28.67 on June 11, 2024. At the same time, in the last 3 months, the shares of Reliance Power have seen a rise of more than 40 percent. The company’s shares were at Rs 20.38 on March 13, 2024. Shares of Reliance Power have reached Rs 28.67 on June 11, 2024. In the last 5 days, Reliance Power shares have risen by about 23%.
