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An announcement from Reliance Power Limited ( (IN:RPOWER) ) is now available.
Reliance Power Limited announced that certain assets of its promoter, Reliance Infrastructure Limited, have been provisionally attached by the Enforcement Directorate for alleged violations under the Prevention of Money Laundering Act. However, the company clarified that this does not affect its business operations or stakeholders, and no assets of Reliance Power itself have been attached.
More about Reliance Power Limited
Reliance Power Limited operates in the energy sector, focusing on power generation and distribution. The company is a part of the Reliance Group and is involved in various power projects across India.
Average Trading Volume: 3,091,985
Technical Sentiment Signal: Buy
Current Market Cap: 192B INR
For a thorough assessment of RPOWER stock, go to TipRanks’ Stock Analysis page.