Reliance Power rises despite reporting net loss of Rs 2 crore in Q1

03 Aug 2020 Evaluate

Reliance Power is currently trading at Rs. 3.44, up by 0.16 points or 4.88% from its previous closing of Rs. 3.28 on the BSE.

The scrip opened at Rs. 3.42 and has touched a high and low of Rs. 3.44 and Rs. 3.31 respectively. So far 4581063 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5.23 on 03-Jul-2020 and a 52 week low of Rs. 1.00 on 26-Mar-2020.

Last one week high and low of the scrip stood at Rs. 3.74 and Rs. 3.25 respectively. The current market cap of the company is Rs. 964.96 crore.

The promoters holding in the company stood at 19.29%, while Institutions and Non-Institutions held 9.92% and 70.78% respectively.

Reliance Power has reported net profit of Rs 106.99 crore for the quarter ended June 30, 2020 as against net loss of Rs 92.54 crore for the same quarter in the previous year. Total income of the company reported 7 -fold jumps at Rs 225.94 crore for Q1FY21 as compared Rs 30.36 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to owners at Rs 1.88 crore for the quarter ended June 30, 2020 as against net profit of Rs 36.19 crore for the same quarter in the previous year. Total income of the company decreased by 1.22% at Rs 2137.10 crore for Q1FY21 as compared Rs 2163.39 crore for the corresponding quarter previous year.

Reliance Power Share Price

28.23 0.56 (2.02%)
28-Mar-2024 16:01 View Price Chart
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