Bad news for Anil Ambani as this company’s shares decline by 5% due to…; market cap reaches Rs…
Last month, Anil Ambani Company announced that the subsidiary received a reward letter (LoA) for a 350 MW transmission system (ISTS) connected to a 350 MW transmission system (ISTS) connected to 175 MW/700 MWh BESS from SJVN.
Reliance Power, led by Anil Ambani, has seen a significant growth in the last few months, which led to a march in the share price. However, after a bull run, the shares of the company led by Ambani fell 5 percent in 63.63 RS on Tuesday (June 17th) and extended the losses for the fourth retest session. After a significant bull run, the stock fell by about 17 percent in the last four sessions. RPower won approximately 70 percent in the last month. However, investors have now reserved the profit and may cause a decrease in the share price. Reliance Power’s market value is now standing at 26242 RS as of 17 June.
Moneycontrol, despite the recent decline, the stock is still higher than 147 percent of the lowest level of 52 weeks. On May 28, Reliance Power announced that the reliance Nu Energies received a prize letter (LIA) connected to a 350 MW transmission system (ISTS) connected to a 350 MW of Sites (ISTS) connected to 175 MW/700 MWh Battery Storage System (BESS) from Navratna Status-Run Sjvn.
Reliance NU energies had previously emerged as a successful bidder for the project with a fixed tariff of 3.33/kWh for a period of 25 years. “The project was part of the 1,200 MW sun + 600 MW/2,400 MWh BESS tender, which attracted 18 developers and participated in 18 developers. The tender has subscribed more than 4 floors and reflected the interest that can be sent to renewable energy solutions that can be sent to renewable energy solutions.” He said.
Read | Meet the richest family in the world with more fortune than Elon Musk. NET VALUE RS …
Stock Market on June 17
As the benchmark indices Sensex and Nifty became cautious about the ongoing conflicts between investors, Israel and Iran, on Tuesday, after a sharp rally in the previous session, the snow reservation fell on Tuesday. In addition, investors, according to experts, preferred to stay among them due to increasing global crude oil prices and the US -fed interest rate decision. 30 Paleli BSE Sensex fell 212.85 points or 0.26 percent to settle in 81.583.30. During the day, 369.14 points or 0.45 percent to 81.427.0 fell.
