RPower Share Price : Debt-ridden industrialist Anil Ambani's fortunes are slowly changing. The shares of his companies are seeing a strong jump on the first day of October. Reliance Power's stock has been hitting the upper circuit for the past several days. As soon as the market opened today, an upper circuit was again applied to Reliance Power. The stock opened at Rs 51.10 today with a gain of 5 percent. This is its highest level in 52 weeks. With this, the company's market cap has crossed Rs 20,526.72 crore. Talking about the 1-year return of Reliance Power, it is more than 164 percent. Along with this, the stock of Reliance Infrastructure also rose by more than one percent to reach Rs 342.00.
Reliance Infrastructure's Board of Directors meeting today
The Board of Directors of Reliance Infrastructure is meeting today. Many decisions related to the company will be taken in this meeting. In this meeting, the board may consider raising financial resources for the long term. Anil Ambani's companies have recently reduced their debt to a great extent. Due to this, their shares have recently risen significantly.
Reliance Communication share also hit the upper circuit
Reliance Communications, one of Anil Ambani's listed companies, also hit an upper circuit today. It reached an upper circuit of 5 percent as it opened at Rs 2.05 today against its previous close of Rs 1.96.
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