Reliance Power’s stunning comeback: What’s fuelling the 70% rally in 1 month?
Reliance Power's share price has risen by 16% in the past five trading sessions, resulting in a 70% return in the last month. The company has received new orders and clearance in the SECI case, and has signed a significant deal with Bhutan's Druk Holdings for a 500 MW solar power project. It has also raised capital through a preferential issue.