Reliance Power Achieves 52-Week High Amid Broader Market Decline

Jun 02 2025 10:26 AM IST
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Reliance Power's stock has reached a new 52-week high of Rs. 61.38, demonstrating strong performance despite a broader market decline. The stock has gained for three consecutive days, yielding a 21.07% return, and has significantly outperformed the Sensex over the past year with a 151.47% increase.
Reliance Power has made headlines today as its stock price reached a new 52-week high of Rs. 61.38, marking a significant milestone for the company. This surge comes amid a broader market context where the Sensex has been experiencing a downward trend, falling by 407.19 points to 80,807.23. Despite the overall market decline, Reliance Power has outperformed its sector by 4.38% today, showcasing its resilience.

The stock has shown impressive momentum, gaining for three consecutive days and delivering a remarkable 21.07% return during this period. Additionally, Reliance Power is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.

Over the past year, Reliance Power has delivered a staggering 151.47% return, significantly outpacing the Sensex, which has only seen a 9.32% increase in the same timeframe. The stock's 52-week low stands at Rs. 23.26, highlighting the substantial recovery and growth it has achieved in recent months.
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