Reliance Power shares rally 5% to hit fresh 52-week high amid volume surge and clean energy order win
Shares of Reliance Power climbed as much as 5.5% on Monday to a record high of Rs 61.38 on the BSE, extending their recent rally driven by strong trading volumes and a major renewable energy project win. The stock has now surged over 17% in the past week and nearly 52% in the past month.
On Monday, trading activity remained elevated, with 1,654.71 lakh shares worth Rs 996.13 crore changing hands on the exchanges, indicating continued investor interest. The stock has now gained 56.8% over the last six months and 147% in the past year.
The rally follows Friday’s sharp jump of nearly 16% when the shares hit a 52-week high of Rs 60.5 on the NSE, also supported by heavy volumes.
Reliance Power’s gains have been underpinned by its recent…
