Reliance Power shares have seen a gain of 16% hitting a new 52-week high
Reliance Power shares have surged 16%, hitting a new 52-week high. This surge is mainly due to the following reasons: Key reasons: Sale of Mumbai power business: Reliance Industries has proposed to buy Reliance Power‘s Mumbai power distribution and generation assets (discoms) for ₹3,800 crore. This will help Reliance Power reduce debt. Investors expect a …