Authored by : Rishabh Raj Updated May 16, 2024 | 04:34 PM IST RattanIndia Power Share Price Today: Ace investor Sanjiv Bhasin had said, "Rs 18 se pehle mat bechna (Don't sell before the stock hits Rs 18).
(Image: iStock/ET NOW News)RattanIndia Power Share Price Today : RattanIndia Power 's shares on Thursday (May 16) hit 5 per cent upper circuit to close at its all-time high at Rs 12.60 per share on NSE.
RattanIndia Power Share Price Target 2024Ace investor and IIFL Securities' Director Sanjiv Bhasin had earlier said, "Power sector is the new gold."
Bhasin had said, "Rs 18 se pehle mat bechna.
RattanIndia Power Share Price HistoryAccording to BSE Analytics, RattanIndia Power's shares has appreciated by 11.96 per cent in the past week, 43.80 per cent in the past month.
Authored by : Rishabh Raj Updated May 16, 2024 | 04:34 PM IST RattanIndia Power Share Price Today: Ace investor Sanjiv Bhasin had said, "Rs 18 se pehle mat bechna (Don't sell before the stock hits Rs 18). (Image: iStock/ET NOW News)
RattanIndia Power Share Price Today : RattanIndia Power 's shares on Thursday (May 16) hit 5 per cent upper circuit to close at its all-time high at Rs 12.60 per share on NSE. The power sector stock has been on a gaining streak for the past three days. It has already delivered multibagger returns, rallying over 300 per cent in a year, quadrupling investors money in the said period.
As per the company's official website, RattanIndia Power is one of India’s largest private power generation company, with installed capacity of 2,700 MW thermal power plants at Amravati and Nashik (1,350 MW at each location) in Maharashtra, India with investments of Rs 18,615 crores. The power plants are spread over an area of 2,400 acres. The company counts marquee funds like Goldman Sachs and VardePartners, USA as investors in the business.
RattanIndia Power Share Price Target 2024
Ace investor and IIFL Securities' Director Sanjiv Bhasin had earlier said, "Power sector is the new gold."
Bhasin had said, "Rs 18 se pehle mat bechna. nclt se jaise hi update aayega tab dekhiyega. Badlao ke against jo share chalte hai wo unki value batate hai. Power is the new gold, Rs 18 se pehle mat bechna is share ko. bhav iska kam se kam 18. (Don't sell before Rs 18. Wait for the update from NCLT. Shares that run against changes reflect their value. Power is the new gold, don't sell this share for less than Rs 18)."
RattanIndia Power Share Price History
According to BSE Analytics, RattanIndia Power's shares has appreciated by 11.96 per cent in the past week, 43.80 per cent in the past month.
On an year-to-date (YTD) basis, the power sector stock has ascended by 37.24 per cent, and in the past six months, it has climbed by 24.65 per cent.
Looking further back, over one year, two years, three years, and five years, the smallcap stock delivered returns of 300 per cent, 175 per cent, 292.55 per cent, and a whopping 525.74 per cent, respectively.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
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