Reliance Power is currently trading at Rs. 74.95, up by 1.95 points or 2.67% from its previous closing of Rs. 73.00 on the BSE.
The scrip opened at Rs. 72.75 and has touched a high and low of Rs. 75.45 and Rs. 72.30 respectively. So far 1321592 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 106.70 on 15-Oct-2012 and a 52 week low of Rs. 58.55 on 28-Mar-2013.
Last one week high and low of the scrip stood at Rs. 75.45 and Rs. 64.30 respectively. The current market cap of the company is Rs. 20757.94 crore.
The promoters holding in the company stood at 74.98% while Institutions and Non-Institutions held 11.40% and 13.60% respectively.
Reliance Power has won the appeal against CERC Order on Sasan UMPP as the Appellate Tribunal for Electricity (APTEL) has pronounced its judgment allowing the appeal of Sasan Power - a wholly owned subsidiary of Reliance Power - against Central Electricity Regulatory Commission’s (CERC) order dated June 06, 2013 on Commercial Operation Date (COD) of the first 660 MW unit of Sasan UMPP. APTEL has set aside CERC’s order and has directed CERC to decide the matter afresh, including the issue of maintainability raised by Sasan Power (SPL) without being influenced by its earlier findings.
Aggrieved by CERC’s order, which shad set aside the certificate issued by Independent Engineer’s (IE) for declaration of COD of Sasan UMPP’s first 660 MW Unit based on petition filed by western region load dispatch centre (WRLDC), SPL filed appeal before the APTEL on grounds that CERC’s order is violative of principle of natural justice and is not tenable in law.
| Company Name | CMP |
|---|---|
| NTPC | 399.60 |
| Tata Power | 443.30 |
| Adani Power | 231.80 |
| Power Grid Corp | 318.85 |
| Torrent Power | 1722.60 |
| View more.. | |
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