The correction in Reliance Power share price follows a 106% surge over the past month, supported by strong project wins, equity infusion, and a turnaround in quarterly earnings. The company posted a consolidated net profit of Rs 126 crore, a turnaround from a net loss of Rs 397.56 crore in the same period last year.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an