RELIANCE POWER share price has zoomed 10% and is presently trading at Rs 4.
Meanwhile, the BSE POWER Index is at 2,005 (up 0.2%).
Among the top Gainers in the BSE POWER Index today is RELIANCE POWER (up 9.9%).
ADANI POWER (down 0.1%) and TORRENT POWER LTD (down 0.2%) are among the top losers today.
Over the last one year, RELIANCE POWER has moved down from Rs 27 to Rs 4, registering a loss of Rs 23 (down 86.3%).
On the other hand, the BSE POWER has moved up from 1,945 to 2,005, registering a gain of 60 points (up 3.1%) during the last 12 months.
The top gainers among the BSE POWER Index stocks during this same period were SIEMENS (up 92.6%), ADANI POWER (up 87.3%) and ADANI TRANSMISSION (up 66.3%).
Get Details: First Stock to Potentially Accumulate Rs 7 Crore Long-term Wealth
The BSE Sensex is at 39,223 (up 0.4%).
The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 6.1%), L&T (up 2.0%) and VEDANTA LTD (up 1.3%). Other gainers include BAJAJ AUTO (up 0.7%) and ITC (up 0.7%). The most traded stocks in the BSE Sensex are POWER GRID and SBI.
In the meantime, NSE Nifty is at 11,680 (up 0.5%). HCL TECHNOLOGIES (up 4.1%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 33,847 to 39,223, registering a gain of 5,376 points (up 15.9%).
RELIANCE POWER net profit down at Rs 352 million for the quarter ended June 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 1.2% to Rs 20.8 billion during the period as against Rs 21.0 billion in April-June 2018.
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 down 0.3x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed a sharp sell-off today and ended deep in the red.
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%).
ICICI LOMBARD GENERAL INSURANCE share price is trading down by 5% and its current market price is Rs 1,479. 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 ICICI LOMBARD GENERAL INSURANCE (down 5.2%) 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 0.2%". 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!