Reliance Power Ltd Share Plummets, Investors Suffer Huge Losses
Anil Ambani’s company’s Reliance Power Ltd share has caused losses to investors. This share has gone through a continuous decline, causing a great loss to investors who had invested in it. The company’s share was once traded at Rs 255, but now it has fallen to Rs 16. This has resulted in huge losses for investors.
Reliance Power Ltd share is not the only one to cause losses to investors. There are many other shares in the stock market that have caused investors to suffer losses. However, there are also many stocks that have made investors wealthy. It is important to consult with a financial advisor before investing in any stock.
Reliance Power Ltd Share Drops Over 93%
Reliance Power Ltd’s share has dropped over 93% from its peak in 2008. The share was trading at Rs 224 at that time but has now fallen to Rs 16. This decline has caused a great loss to investors who had invested in it. It is important to note that investing in the stock market without proper knowledge can result in losses.
Reliance Power Ltd Share Shows Signs of Recovery
Reliance Power Ltd’s share has shown signs of recovery in recent days. The share has seen an increase of 18% in the last 5 days and has risen by 34.48% in the last month. This increase is due to a special deal made by Harti Private Limited, which bought 22,456,185 shares at Rs 14.59 and sold them at Rs 14.63.
Investors should be cautious while investing in the stock market and should seek the advice of a financial advisor before investing in any stock.
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