Reliance Power’s stock rose by 21.5% in four days, reaching Rs 36.17, amid talks of Adani Power acquiring its Butibori Thermal Plant for Rs 2,400 crore to Rs 3,000 crore. The move would support Adani’s expansion plans amid rising electricity demand in India. Adani Power shares remained stable at Rs 698.45.
Indostar banks on improving asset quality, branch expansion for growth
Indostar Capital share price: Indostar Capital shares jumped 21% post-Q4 results on strong net interest income, better asset quality, and cost rationalisation. Focused expansion and