Reliance Power Turns ₹1 Lakh into ₹25 Lakh in 4 Years – Multibagger Returns!

CONTENTS: Reliance Power Turns ₹1 Lakh into ₹25 Lakh in 4 Years

• Anil Ambani’s Reliance Power multibagger
• Reliance Power shares deliver massive gains

Anil Ambani’s Reliance Power multibagger

Reliance Power Turns ₹1 Lakh into ₹25 Lakh in 4 Years

Anil Ambani’s ‘only’ company turned into a multibagger! An investment of one lakh rupees grew to 25 lakh rupees in four years! Anil Ambani’s company has garnered investor approval over several years. Recently, the share value of this company reached Rs 28.68.

The stock market has been experiencing many fluctuations in the past few days, with some companies delivering strong returns to investors while others incur losses due to production issues. Among them, only industrialist Anil Ambani’s Reliance Power is performing well in the stock market recently.

The company’s shares saw a 10 percent rise on Tuesday, reaching Rs 28.68 in the evening, up from Monday’s closing price of Rs 26.07. Over the past four years, Reliance Power has provided returns of Rs 2400 crore to its investors. A few years ago, the company’s shares were priced at just one rupee, but today the market price has climbed to Rs 28.68.

Reliance Power shares deliver massive gains

Anil Ambani’s Reliance Power company has turned an investment of one lakh rupees into Rs 25.37 lakh at its highest value. The 52-week high for Reliance Power shares is Rs 34.35, with a total reduction to Rs 13.80 at one point. Owned by Anil Ambani, Reliance Power has delivered outstanding results over the past four years. On March 27, 2020, the share price was just Rs 1.13, but by June 11, 2024, it had surged to Rs 28.67. The company has yielded returns exceeding Rs 2400 crore over this period.

On March 27, 2020, an investment of one lakh rupees in the company would now be worth Rs 25.37 lakh. Over the past year, Reliance Power shares have grown by more than 80%, rising from Rs 15.85 on June 12, 2023, to Rs 28.67 on June 11, 2024. Additionally, the shares have increased by 40% in the past three months, climbing from Rs 20.38 on March 13, 2024. In just the last five days, the shares have jumped by 23 percentage points.