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
  Rattanindia Power reports consolidated net loss of Rs 479.76 crore in the December 2022 quarter
 ( Results - Announcements 24-Jan-23   07:33 )
  RattanIndia Power to table results
 ( Corporate News - 17-Jan-24   09:48 )
  REC files application against RattanIndia Power under section 7 of IBC Code
 ( Corporate News - 30-Apr-24   09:53 )
  RattanIndia Power postpones board meeting
 ( Corporate News - 25-Oct-23   10:27 )
  Rattanindia Power reports standalone net loss of Rs 82.88 crore in the June 2019 quarter
 ( Results - Announcements 10-Aug-19   11:28 )
  RattanIndia Power to conduct board meeting
 ( Corporate News - 25-Oct-23   10:25 )
  Rattanindia Power Ltd leads losers in 'A' group
 ( Hot Pursuit - 31-Mar-22   15:00 )
  Rattanindia Power MD resigns
 ( Corporate News - 04-Jun-22   13:45 )
  Rattanindia Power reports standalone net loss of Rs 89.82 crore in the September 2017 quarter
 ( Results - Announcements 11-Nov-17   16:34 )
  KPIT Technologies Ltd leads losers in 'A' group
 ( Hot Pursuit - 21-Nov-23   15:00 )
  RattanIndia Power to conduct board meeting
 ( Corporate News - 07-Feb-20   14:13 )
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