Explained: Why Reliance Power shares hit 5% lower circuit today
WEB1 day ago · Reliance Power shares hit a 5% lower circuit on Friday, with the stock dropping to Rs 50.97 on the Bombay Stock Exchange (BSE). The sharp decline followed the company’s board decision to issue Foreign Currency Convertible Bonds (FCCBs) worth $500 million (approximately Rs 4,200 crore) to affiliates of Värde Investment Partners.
Reliance Power Share Price: Stock to watch: Reliance Power …
WEB1 day ago · Shares of Reliance Power will be in focus on Friday after the company’s board approved raising $500 million (Rs 4,200 crore) through unsecured foreign currency convertible bonds (FCCBs). “Reliance Power board approves issue of up to U.S.$ 500 million (~INR 4,200 crore) ultra-low cost interest of 5% per annum, unsecured, 10-year long tenure FCCBs, on private placement basis to affiliates of ...
Reliance Power shares hit 5% upper circuit for 11th consecutive …
WEB2 days ago · Reliance Power shares continued their upward momentum on Thursday, hitting the 5% upper circuit for the 11th straight session at ₹53.65 apiece—their highest level since January 2018. The stock ...
Reliance Power shares rally 5%, now up 41% in 7 days. What's …
WEBSep 26, 2024 · ETMarkets.com. Shares of Anil Ambani's Reliance Power on Thursday rallied another 5% to hit a fresh 52-week high of Rs 44.15 on NSE. Today was the seventh straight day in which the smallcap stock, a favourite of retail investors, has hit the 5% upper circuit limit. In the last seven trading sessions, Reliance Power …
Reliance Power board approves raising $500 million through FCCBs
WEB2 days ago · Synopsis. Reliance Power's board approves raising $500 million via unsecured foreign currency convertible bonds issued to affiliates of Värde Investment Partners, LP. This follows a recent Rs 1,525 crore fundraise. The funds will be used for business expansion, debt reduction, and corporate purposes. ESOS for employees has also been formulated.
Reliance Power shares hit 5% upper circuit for 11th consecutive
WEBReliance Power shares extended their rally for the 11th consecutive session on Thursday, hitting a 5% upper circuit at ₹ 53.65 per share—their highest level since January 2018. The stock has ...
Anil Ambani's Reliance Power Eyes Fresh Funds With ... - Times Now
WEB6 days ago · New Delhi: Reliance Power Limited, led by Anil Ambani, is exploring new ways to raise funds, according to a company announcement on Friday, September 27, 2024.This comes after the company recently completed a successful preferential share issue. The company is considering several options for raising funds, including selling equity shares, issuing foreign currency convertible bonds, or ...
Reliance Power share rises 5% as board to mull long-term …
WEB5 days ago · Reliance Power share soared as much as 5 per cent, logging an intraday high of Rs 48.55 per share on the BSE on Monday. The upmove in RPower share can be attributed to the company's board's decision to mull raising funds from domestic and/or global markets in a meeting on Thursday, October 3.
Strong Comeback! Reliance Infrastructure, Reliance Power stocks …
WEB4 days ago · Reliance Infrastructure shares soared 60% in September to close at ₹336.20 apiece, their highest level since December 2018, while Reliance Power shares also gained 60% last month to reach ₹48. ...
Reliance Power stock crashes to 5% lower circuit; Anil Ambani …
WEB1 day ago · Reliance Power shares hit a 5 percent lower circuit amid market sell-off. The company on October 3 announced a Rs 4,200 crore Foreign Currency Convertible Bonds (FCCBs) issuance.