Reliance Power trades with traction on the bourses

Reliance Power Ltd. | Power Generation/Distribution | Power | BSE: 532939 | NSE: RPOWER

24 Sep 2013 Evaluate

Reliance Power is currently trading at Rs. 72.70, up by 0.45 points or 0.62% from its previous closing of Rs. 72.25 on the BSE.

The scrip opened at Rs. 72.30 and has touched a high and low of Rs. 73.45 and Rs. 71.60 respectively. So far 1644963 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. 73.55 and Rs. 67.15 respectively. The current market cap of the company is Rs. 20421.32 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's Sasan ultra mega power project received undue favour from the environment ministry that gave forest clearance to the project in violation of the act, according to CAG Report. The ministry exempted Sasan Power Ltd from adhering to compensatory afforestation rule, one of the most important conditions stipulated by the central government under the forest conservation act while diverting forest land for non-forest uses. Sasan Power Ltd had to provide equivalent area of 1,384.96 hectare of non-forest land for compensatory afforestation of its power plant and the attached coal mining project. The non-forest land for compensatory afforestation had to be identified contiguous to or in the proximity of the Sidhi district. In case non-forest land for compensatory afforestation was not available in the district non-forest land could have been identified anywhere else in Madhya Pradesh.

However in both these cases, MoEF exempted SPL from providing equivalent area of non-forest land for the compensatory afforestation, on basis of the certificate from the chief secretary that no forest land was available in Sidhi district. MoEF did not ask SPL to furnish such certificate for entire Madhya Pradesh or make efforts for identification of non-forest land for compensatory afforestation anywhere else in the State. Instead, SPL was allowed compensatory afforestation over double degraded forest land even though it was not eligible for such an exemption. The deputy conservator of forests, MoEF Regional Office (Central), Bhopal during his site visit for coal mining project in November 2008 mentioned that compensatory afforestation on double degraded forest land was not admissible on the basis of the certificate. However, MoEF ignored his opinion and based on an ineligible certificate issued by the Chief Secretary exempted SPL from providing non-forest land in violation of the Forest (Conservation) Act 1980.

Reliance Power Share Price

28.36 -0.36 (-1.25%)

05-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
NTPC	398.70
Tata Power	442.80
Adani Power	229.90
Power Grid Corp	319.30
Torrent Power	1733.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.