Reliance Power Shares Soar 60% in 13 Days: What’s Fueling the Rally?

Reliance Power stock has surged 60% in just 13 days. Discover the factors driving this sharp rise and the inside developments fueling investor optimism.

Reliance Power shares have been witnessing a rise since May 23. Within a month, the company's shares have risen by more than 60 percent. The reason for the rise in this share of Anil Dhirubhai Ambani Group's company is the changing economic conditions.

The stormy rise in the shares of Anil Dhirubhai Ambani Group's company Reliance Power continues. This stock has again risen by 9 percent today. The special thing is that this stock has been witnessing a big rise since the last days of May. On May 23, the company's shares had risen by 16 percent.

After this, on May 30, the shares again rose by 11 percent, and now it has risen by another 9 percent to reach the level of Rs 71.33. The question is why is this company of Anil Dhirubhai Ambani Group seeing such a big rise.