Reliance Power share price Today Live Updates : Reliance Power closed today at ₹27.58, down

Reliance Power’s Return on Equity (ROE) in the most recent fiscal year was -3.57%. The Return on Investment (ROI) value for the last fiscal year was -1.22%. The consensus estimates for ROE in the current and upcoming fiscal year are 0.00% for both.

Reliance Power has experienced a negative EPS growth of -99999.99% and a slight decrease in revenue of -0.09% over the past three years. In the most recent twelve months, the company generated a revenue of 76505.00 cr, showing a 1.43% increase compared to the previous fiscal year. The company is expected to achieve a growth of �% in revenue and �% in profit for the upcoming quarter.

Reliance Power’s stock price dropped by 1.46% today to reach ₹27.58, while its counterparts are experiencing a mixed performance. CESC and Jaiprakash Power Ventures are declining, whereas KPI Green Energy and Rattanindia Enterprises are showing gains. The overall market indices, Nifty and Sensex, are up by 0.15% and 0.16% respectively.

Reliance Power stock reached a low of ₹27.5 and a high of ₹28.38 on the current day.

Reliance Power share price closed the day at ₹27.58 – a 1.46% lower than the previous closing price.

As per the Technical Analysis, short term trend of Reliance Power share is Bearish and long term trend is Bullish

The stock price has been moving between levels of 27.86 and 27.67 in the last hour. Traders could potentially use rangebound trading strategies by purchasing near the hourly support at 27.67 and selling near the hourly resistance at 27.86.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

Reliance Power stock reached a high of ₹28.38 and a low of ₹27.7 on the current day.

As per the Technical Analysis, short term trend of Reliance Power share is Bearish and long term trend is Bullish

The share price of Reliance Power dropped by 0.5% today to reach ₹27.85, while its peer companies are experiencing mixed results. Jaiprakash Power Ventures is declining, but CESC, KPI Green Energy, and Rattanindia Enterprises are seeing an increase in their share prices. In general, the benchmark indices Nifty and Sensex are both up by 0.41%.

Reliance Power’s stock price rose by 0.39% today, reaching ₹28.1, while its industry counterparts are showing mixed performance. While CESC and Jaiprakash Power Ventures are experiencing a decline, KPI Green Energy and Rattanindia Enterprises are on an upward trend. The benchmark indices Nifty and Sensex are up by 0.2% and 0.36% respectively.

The share price of Reliance Power has increased by 1.11% and is currently trading at ₹28.30. Over the past year, Reliance Power’s shares have surged by 137.29% to ₹28.30. In contrast, the Nifty index has risen by 26.06% to 22368.00 during the same one-year period.

The stock traded in the range of ₹28.45 & ₹27.73 yesterday to end at ₹28.13. The technical trend suggests that following a strong uptrend, the stock is indicating signs of a reversal.