Reliance Power shares hit 5% upper circuit for 6th straight day, reach fresh 52-week high. Here’s why

September 25, 2024

Reliance Power Share Price: Reliance Power shares hit a new 52-week high, reaching Rs 42.06 on the BSE after the board approved issuing up to 46.2 crore equity shares and/or warrants worth Rs 1,525 crore through preferential allotment. The funds will be used for business expansion, debt reduction, and general corporate purposes.

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