Reliance Power surged 4.21% to Rs 50.70 at 14:07 IST on BSE after consolidated net profit rose 38.26% to Rs 351.81 crore on 45.93% growth in total income to Rs 2665.68 crore in Q3 December 2015 over Q3 December 2014.
The result was announced during market hours today, 19 January 2016.Meanwhile, the S&P BSE Sensex was up 278.24 points or 1.15% at 24,466.61.
On BSE, so far 17.20 lakh shares were traded in the counter as against average daily volume of 19.97 lakh shares in the past one quarter. The stock hit a high of Rs 51.60 and a low of Rs 48.80 so far during the day. The stock had hit a 52-week high of Rs 66.90 on 2 February 2015. The stock had hit a 52-week low of Rs 33.05 on 25 August 2015. The stock had outperformed the market over the past one month till 18 January 2016, sliding 5.07% compared with Sensex's 5.22% fall. The scrip had also outperformed the market in past one quarter, declining 0.1% as against Sensex's 11.12% fall.
The large-cap company has equity capital of Rs 2805.13 crore. Face value per share is Rs 10.
Reliance Power's (RPower) total gross generation from operating plants surged 233.05% to 10,548 million units in Q3 December 2015 over Q3 December 2014.
Reliance Power, a part of the Reliance Group, is India's leading private sector power generation and coal resources company. The company has the largest portfolio of power projects in the private sector, based on coal, gas, hydro and renewable energy, with an operating portfolio of 5,945 megawatts.
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