Hot Pursuit     18-Apr-17
RattanIndia Power drops on profit booking
RattanIndia Power fell 3.5% to Rs 8.83 at 14:04 IST on BSE, with the stock sliding on profit booking after yesterday's rally.

Meanwhile, the S&P BSE Sensex was up 96.88 points, or 0.33% at 29,510.54. The S&P BSE Small-cap index was up 53.44 points, 0.36% at 15,007.60.

High volumes were witnessed on the counter. On the BSE, 15.18 lakh shares were traded on the counter so far as against the average daily volumes of 8.01 lakh shares in the past one quarter. The stock had hit a high of Rs 9.47 and a low of Rs 8.74 so far during the day.

The stock had hit a 52-week high of Rs 12.29 on 7 July 2016 and a 52-week low of Rs 6.32 on 27 December 2016. The stock had outperformed the market over the past one month till 17 April 2017, advancing 20.55% compared with the Sensex's 0.79% decline. The scrip had also outperformed the market over the past one quarter advancing 30.9% as against the Sensex's 8% rise.

The small-cap company has equity capital of Rs 2,952.93 crore. Face value per share is Rs 10.

RattanIndia Power had rallied 16.71% in the preceding one trading session to settle at Rs 9.15 yesterday, 17 April 2017, from its closing of Rs 7.84 on 13 April 2017.

RattanIndia Power reported net loss of Rs 59.51 crore in Q3 December 2016, as compared with net loss of Rs 4.23 crore in Q3 December 2015. Net sales fell 62.2% to Rs 300.27 crore in Q3 December 2016 over Q3 December 2015.

RattanIndia Power (formerly Indiabulls Power) focuses on developing, constructing, and operating power projects in India.

Previous News
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 ( Market Commentary - Mid-Session 10-Apr-24   11:36 )
  Rattanindia Power Ltd leads gainers in 'A' group
 ( Hot Pursuit - 26-Jun-23   12:00 )
  Board of Rattanindia Power appoints director
 ( Corporate News - 06-Sep-23   10:36 )
  Rattanindia Power reports consolidated net loss of Rs 68.99 crore in the December 2020 quarter
 ( Results - Announcements 29-Jan-21   08:02 )
  RattanIndia Power announces board meeting date
 ( Corporate News - 29-Oct-21   15:47 )
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 ( Results - Announcements 29-Jul-13   08:36 )
  RattanIndia Power to hold board meeting
 ( Corporate News - 20-May-15   10:10 )
  RattanIndia Power to announce Quarterly Result
 ( Corporate News - 19-Jul-22   16:12 )
  Board of Rattanindia Power allots NCDs aggregating Rs 1025 cr
 ( Corporate News - 23-Jun-23   10:44 )
  Rattanindia Power director resigns
 ( Corporate News - 11-Sep-23   18:09 )
  Rattanindia Power reports consolidated net loss of Rs 310.43 crore in the March 2022 quarter
 ( Results - Announcements 13-May-22   07:53 )
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