Reliance Power share price surges 10%, up over 60% in 1 month; is there more steam left?
Reliance Power share price surged over 10 per cent to hit its 52-week high in intraday trade on the BSE on Tuesday, June 10, in a lacklustre market. Reliance Power share price opened at ₹65.56 against its previous close of ₹64.55 and jumped 10.53 per cent to its 52-week high of ₹71.35.
At this price, the stock has surged nearly 68 per cent this year so far and 174 per cent over the last year. On a monthly scale, the stock has surged over 20 per cent in June so far after a 45 per cent jump in May.
The company’s strong Q4 results and positive growth outlook have contributed to the traction seen in this power stock lately.
Reliance Power reported a consolidated profit of ₹125.57 crore for Q4FY25 against a loss of ₹397.56…
