Shares of Reliance Power, led by Anil Ambani, have seen a sharp decline, hitting the 5% lower circuit for the fourth consecutive session. Currently priced at Rs 45.98, the stock is down 16% from its recent 52-week high of Rs 53.64, which was reached just last week.

Reliance Power shares are currently trading above their 5-day, 50-day, 100-day, and 200-day moving averages, with a relative strength index (RSI) of 79, indicating overbought conditions. Read on further to find out about Anil Ambani's Reliance Power share price,

The shares of Anil Ambani -led Reliance Power are making headlines as they continue to climb, hitting the 5 per cent upper circuit for the 11th consecutive session, priced at Rs 53.65 per share on Thursday (October 3).

Reliance Power shares hit a 5 percent lower circuit amid market sell-off. The company on October 3 announced a Rs 4,200 crore Foreign Currency Convertible Bonds (FCCBs) issuance.

Anil Ambani-run Reliance Group said on Wednesday it would jointly develop solar and hydro power projects in Bhutan along with the government's investment arm. The Indian conglomerate, run by the younger brother of Asia's richest man Mukesh Ambani,

This will be the second board meeting after Reliance Power held one on September 23, 2024, with the board approving a ₹1,524.60 crore preferential issue

Reliance group led by Anil Ambani on Wednesday launched a new company for investing in Bhutan's renewable energy sector, starting with building 1.2 gigawatts of solar and hydropower projects that could entail investments of up to $1 billion.

Anil Ambani-led Reliance Group is set to establish Bhutan's largest solar plant, surpassing all existing solar installations in the country. It will produce clean, renewable energy to help mitigate the impacts of climate change.