Anil Ambani 's :  company Reliance Power's stock is making new records these days. The strong rally in Reliance Power's stock continues unabated. The company's stock hit an upper circuit for the 10th consecutive day today and the stock price closed at a new record of Rs 51.10. Today, on Tuesday, Reliance Power's stock registered a gain of 4.99 percent, with which the company's stock also made its new 52-week high.

An upper circuit was triggered as soon as the market opened on Tuesday

Reliance Power shares which closed at Rs 48.67 on Monday, made an upper circuit as soon as trading began on Tuesday. In fact, today the company's shares opened and closed at Rs 51.10 with a direct gain of 4.99 percent (Rs 2.43). From this, it can be understood how much excitement there is among investors to buy Reliance Power shares. Despite this, people did not get a chance to buy the company's shares today.

The company's stock opened with a decline on Monday

Last week on Friday, the company's shares closed at Rs 46.35. On Monday, 30 September, Reliance Power shares opened lower at Rs 46.25. Soon after the trading began, profit booking was seen in the company's shares and its price fell by about 5 percent to Rs 44.21. However, in the afternoon, the shares not only recovered the loss but also hit an upper circuit with a gain of 4.98 and reached a new 52 week high of Rs 48.66.

The company's board meetings are to be held on October 3

The company's shares have been hitting an upper circuit since closing at Rs 31.40 on September 17. The company's board meeting is also scheduled on Thursday, October 3, in which the proposal to raise funds is to be considered. 

Reliance Power has gained 1911% in the last 5 years

According to the data available on BSE, the shares of this company of Anil Ambani have given a return of 165.04 percent to its investors in the last 1 year. The price of Reliance Power shares has increased by 212.54 percent in the last 2 years, 276.29 percent in the last 3 years and 1911.81 percent in the last 5 years. However, in the last 10 years, the company's shares have declined by 26.58 percent.