RELIANCE POWER share price has zoomed 10% and is presently trading at Rs 12.
Meanwhile, the BSE POWER Index is at 1,804 (up 0.5%).
Among the top Gainers in the BSE POWER Index today are RELIANCE POWER (up 10.3%) and RELIANCE INFRA (up 10.2%).
CG POWER & INDUSTRIAL SOLUTIONS LTD (down 0.2%) and ABB INDIA LTD. (down 0.4%) are among the top losers today.
Over the last one year, RELIANCE POWER has moved down from Rs 45 to Rs 12, registering a loss of Rs 33 (down 74.9%).
On the other hand, the BSE POWER has moved down from 2,246 to 1,804, loss of 442 points (down 20.1%) during the last 12 months.
The top gainers among the BSE POWER Index stocks during this same period were ADANI POWER (up 16.0%) and ADANI TRANSMISSION (up 3.6%).
Last 2 Days: Watch the Replay of Great Indian Wealth Project Special Event
The BSE Sensex is at 35,912 (down 0.6%).
The top gainers among the BSE Sensex stocks today are NTPC (up 2.1%), TATA STEEL (up 1.4%) and VEDANTA LTD (up 1.4%). Other gainers include ONGC (up 1.2%) and ITC LTD (up 0.5%). The most traded stocks in the BSE Sensex are VEDANTA LTD and TATA STEEL.
In the meantime, NSE Nifty is at 10,760 (down 0.5%). BHARTI INFRATEL (up 2.2%) and DR. REDDYS LAB (up 2.2%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 34,297 to 35,912, registering a gain of 1,615 points (up 3.8%).
RELIANCE POWER net profit down at Rs 2 billion for the quarter ended December 2018, compared to a loss of Rs 3 billion a year ago. Net Sales declined 15.8% to Rs 21.0 billion during the period as against Rs 24.9 billion in October-December 2017.
For the year ended March 2018, RELIANCE POWER reported 6.3% decrease in net profit to Rs 10.3 billion compared to net profit of Rs 11.0 billion during FY17.
Revenue of the company grew 5.3% to Rs 98 billion during FY18.
The current Price to earnings ratio of RELIANCE POWER, based on rolling 12 month earnings, stands at 4.1x. p >
What else is happening in the markets today? Dig in...
The market see-sawed during the week with both the bulls and bears swinging it out. But in the end, it was the bears who won. The Nifty ended the day, the week, and the month at 14,529.15.
Indian share markets end deep in the red with the Sensex down by 1,939 points and the Nifty ending down by 568 points.
ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).
ULTRATECH CEMENT share price is trading down by 5% and its current market price is Rs 6,487. The BSE 500 is down by 3.4%. The top gainers in the BSE 500 Index are SOUTH IND.BANK (up 10.4%) and JAGRAN PRAKASHAN (up 10.0%). The top losers are ULTRATECH CEMENT (down 5.0%) and BAJAJ FINSERV (down 6.3%).
JAGRAN PRAKASHAN share price is trading up by 10% and its current market price is Rs 60. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are JAGRAN PRAKASHAN (up 10.1%) and RCF (up 11.0%). The top losers are MAHINDRA CIE AUTO. and AJANTA PHARMA (down 0.1%).
UPL share price is trading down by 5% and its current market price is Rs 589. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are UPL (down 5.4%) and BAJAJ FINSERV (down 6.2%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.
A look at what India's top equity mutual funds bought and sold in January 2021.
Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.
More
Equitymaster requests your view! Post a comment on "RELIANCE POWER Surges by 10%; BSE POWER Index Up 0.5%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!