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Reliance Power Reports No Deviation in Fund Utilization

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Reliance Power Reports No Deviation in Fund Utilization

Reliance Power Limited ( (IN:RPOWER) ) just unveiled an update.

Reliance Power Limited has reported no deviations or variations in the utilization of funds raised through a preferential issue of warrants, amounting to Rs. 645.15 Crores for the quarter ending December 31, 2024. This announcement indicates a stable and transparent financial management, ensuring stakeholders of the company’s adherence to its financial commitments and strategic objectives.

More about Reliance Power Limited

Reliance Power Limited operates in the energy sector, focusing primarily on developing, constructing, and operating power projects. The company is involved in generating and selling electricity across various segments, including thermal, solar, and hydroelectric power.

YTD Price Performance: -10.68%

Average Trading Volume: 2,863,788

Current Market Cap: 152.7B INR

For detailed information about RPOWER stock, go to TipRanks’ Stock Analysis page.

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