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Details of reliance power limited: reliance power share price

Reliance Power is a well-established business that includes the work of developing, constructing, and operating power projects. The reliance business is owned by Anil Dhirubhai Ambani, who is known for being the 12th richest person in the world. The reliance group is famous worldwide for telecommunications, infrastructures, reliance on natural resources, and other related sectors.

In various places in India, Reliance power limited has developed 13 medium and even large-scale power projects of almost 28 200 Mega-watt capacity. Also, reliance established its first power project in 2009. In this project, the power group decided to provide the electricity produced by this project to state-owned and commercial distribution firms. Industrial consumers can also get electricity through long-term and short-term PPAs.

Compared to other listed equity securities in India, the fundamentals of the Reliance Power Limited IPO have been rated by CRISIL Limited as CRISIL IPO GRADE 4/5 and by ICRA Limited as ICRA IPO Grade 4, both of which indicate above-average fundamentals.

The Reliance power group also includes coal, gas, the hydro, wind, and solar-based energy projects. Moreover, the company’s portfolio involves three coal-fired projects such as one gas-fired project, twelve projects of hydroelectric and many others in various cities in India.

The NSE symbol of Reliance Power shares is RPOWER. Furthermore, anyone can buy shares of reliance power with some simple steps. It required only KYC documents and a good knowledge of share market trends.

Ways to create account for trading and buying shares

In order to buy reliance power shares, explore websites containing the stock market details. Check them and get the details of prices and shares. After finding reliable stock market websites, create the Demat account here by providing some necessary information. Then, verify all the documents related to your personal details, which is known as KYC. When you add all these pieces of information, your account will be opened, and now, you can buy or sell your desired shares with the help of your account on a specific website.

Reliance power market CAP

Market capitalization is also known for Market CAP. In this term, the outstanding shares of the company are traded publicly on the market values. Suppose we talk about the market cap value that is around Rs. 5,474 crores as of now. Here, if you want to know more about the Reliance power market CAP, you can connect with ifinancebox. With the help of this website, you can get any type of information related to finances and trades.

Price of Reliance power share

The price of any shares and stocks is volatile and keeps changing with different factors. However, the current reliance power share price is 16.45 INR as of now. You can also confirm this price around your city in order to deal with your bought shares of reliance.

Details of the IPO price of Reliance Power

IPO is known for the main power board of 260.00 million equity shares with a face value of Rs 10, aggregating up to Rs 11563.2 Crores. The IPO price of reliance power is around Rs 405 to Rs 450, with the minimum quality being 15 shares. The issue type is Book Built issue IPO, and the listing type is BSE and NSE.

52-week high and low

In reliance power limited, 52 weeks were very crucial to the company. In this time period, the highest price and lowest price of reliance stock has traded during a specific given time. It is known as a technical indicator. This highest and lowest valued week of reliance power limited is Rs 25 and Rs 10.95 as of now (21st October 2022).

Projects of reliance power limited

As we know, reliance power limited contains various projects such as engineering, construction, procurement, etc. Apart from these projects, the reliance power group also has other power-generating projects. Some of the fundamental projects are given below:

  • Establishment of reliance power limited and samalkot power station situated in Andhra Pradesh.
  • Thermal power station located in Dahanu, Maharashtra.
  • The co-generation power plant in Sameerwadi, Karnatka. The project is done on behalf of Godavari sugar mills.

Business associates of reliance power

Reliance power limited is known for the active project of Reliance Company. It plays a vital role in generating and circulating energy to some areas of the country with the cooperation of the public and private sectors. In order to enhance our understanding in this area, let’s scroll down below to find some close associates of reliance power limited:

  • Western Electricity Supply Company, Orissa
  • BSES Kerala Power Limited
  • Southern Electricity Supply Company of Orissa Limited
  • BSES Yamuna Power Limited
  • Reliance Energy Transmission Limited
  • BSES Rajdhani Power Limited
  • Reliance Energy Trading Limited
  • Utility Power tech Limited

Wrapping up:

Above is the overview of reliance power limited, a project of the reliance group. You can go through it and enhance your understanding of the above area of knowledge.

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Details of reliance power limited: reliance power share price

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