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An update from Reliance Power Limited ( (IN:RPOWER) ) is now available.
Reliance Power Limited has clarified that the recent actions taken by the Central Bureau of Investigation against Reliance Communications Limited and Mr. Anil D Ambani have no impact on its business operations, financial performance, or stakeholders. The company emphasizes its independence from Reliance Communications, with no business or financial linkages, and highlights that Mr. Anil D. Ambani has not been on its board for over 3.5 years. Reliance Power remains committed to its business plans and continues to focus on creating value for its stakeholders.
More about Reliance Power Limited
Reliance Power Limited, part of the Reliance Group, is one of India’s leading private sector power generation companies. The company operates a portfolio of 5,305 megawatts, including the 3,960 megawatts Sasan Power Limited, recognized as the world’s largest integrated coal-based power plant.
Average Trading Volume: 11,407,961
Technical Sentiment Signal: Buy
Current Market Cap: 202.4B INR
Find detailed analytics on RPOWER stock on TipRanks’ Stock Analysis page.