Mumbai
Industrialist Anil Ambani’s good days have started returning. Reliance Power’s shares have rapidly made a strong profit. Anil Ambani, who has once reached the verge of Kangali, is now earning profits. His company Reliance Power has made a profit of Rs 420000,000 in the December quarter of the current financial year. With the profit, Reliance Power’s shares are returning to rise.
Reliance Power’s shares rise
Reliance Power Ltd after quarterly results. The stocks of 6.69% rose to Rs 42.56 by the time of writing the news today. R power shares have once again put a circuit above. The shares of Reliance Power have seen tremendous profits. Profit in the December quarter, this morning, the shares of Arpower increased by more than 10 percent.
How much profit earned
On Wednesday, the results of Anil Ambani’s Reliance Power came out. The results of the third quarter (December quarter) of the current financial year were released. According to the results of RPW, the company’s net profit was Rs 41.95 crore. Whereas in the same quarter, the company had a loss of Rs 1,136.75 crore last year. The speed with which the company is getting new orders, the company is reducing its deficit that there is a tremendous rise in the shares of RPWO.
How much Return gave Returns to Investors
The shares of R Power, who are once paupering investors, are now making investors rich. If you look at the return of the last 6 months, it has been about 40 percent, while the return of one year has been more than 60 percent. The share of 52 -week high of the stock has been Rs 54.25. It is expected that due to the new order and declining debt to the company, the profit of Reliance Power’s shares may increase.