Just as there was a rise in the stock market on Monday, similarly, there was a huge fall in the stock market on Tuesday, Nifty 50 fell by about 150 points while lower circuit was also applied in those stocks. We are giving you information about the power sector company, last week the stock of this company had caused havoc in the market.
Why lower circuit applied in the stock of this company
Lower circuit applied in the stock of a company in the stock market is a very normal thing because sometimes an upper circuit is applied in the stock of a company and sometimes a lower circuit is applied in the stock of a company, but there is a lot of difference between the two. When an upper circuit is applied in a stock, it means that your stock will go up by 3% or 2%, whereas in lower circuit the stock price always goes down.
Reliance Power Company’s stock saw a lower circuit on Tuesday. After 12:15, a lower circuit was applied in the stock of this company. The stock has come down from 65 to 63 rupees and the lower circuit is at 63.63 rupees. After the lower circuit is applied, trading in the stock is stopped. No person can buy or sell the stock.
Gave 98% return in 1 year
The price of Reliance Power Company’s stock was ₹ 25 a year ago and the company sold it at 76 rupees. Overall, within 1 year, this stock has managed to give a return of 98% to its investors. Last year, the stock of this company saw a significant decline because Anil Ambani’s bankruptcy report had a very bad effect on this stock.
Because Anil Ambani had proved himself bankrupt in the London High Court, after this, a continuous decline was seen in the stock of the company. When the Reliance Group was divided, Anil Ambani got Reliance Power Company.
Know how the stock rocketed in 1 year
The stock of this company did not become a rocket just like that, but there is a lot of hard work behind it. Both the sons of Anil Ambani have worked very hard for Reliance Power Company and they strengthened the business management in such a way that more than half of the company’s debt has been repaid.
Reliance Power Company now has a small amount of loan which will be repaid by both the sons of Anil Ambani in the coming time and their business management is very strong due to which Reliance Power stock has seen a rise and if it continues to work in this way, then in the coming time this stock will go above ₹ 100 Talking about the upper circuit, the stock of this company has an upper circuit at Rs 70.32 2 and the company crossed this figure only last week.
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Kartikeya Bhardwaj is a skilled finance writer with over 3 years of experience covering the Indian stock market, cryptocurrency trends, and personal finance strategies. With a strong grasp of market dynamics and digital finance tools, Kartikeya simplifies complex financial topics into easy-to-understand content for everyday readers.
A graduate with a Bachelor of Computer Applications (BCA), Kartikeya combines technical expertise with a deep passion for financial literacy. His work focuses on helping young investors, traders, and savers make smarter money decisions in today’s fast-moving economy.
Kartikeya is a regular contributor to Paisaverse.in, where he shares timely updates, analytical insights, and practical money tips to empower the Indian financial community.