Market Performance
RattanIndia Power's share price surged 45% in just four trading sessions, hitting an intraday high of ₹16.14 on June 11, 2025. The stock has seen heavy trading volumes, with over 19.47 Crore shares exchanged in a single session.
Despite the recent rally, the stock remains 16% lower than it was last year. However, June 2025 has been strong, with a 31% rise so far, following gains of 14.3% in May, 1.4% in April, and 10% in March.
- 52-Week High: ₹19.78 (June 2024)
- 52-Week Low: ₹8.44 (March 2025)
- Current Price: ~₹16 (as of June 11, 2025)
Why is RattanIndia Power Rallying?
The sharp rise has drawn regulatory scrutiny, with BSE and NSE seeking clarification from the company. RattanIndia Power stated:
"The movement in price and volume is purely market driven. As a listed entity, the Company has no control over trading activity in the secondary market"
Key Shareholding Pattern (March 2025)
- REC (State-run lender): 1.72% stake (9.25 Crore shares)
- PFC (State-run lender): 4.38% stake (23.51 Crore shares)
- Foreign Investors (FPIs): 5.25% stake
- Mutual Funds & Banks: 0.14% and 0.35%, respectively
Company Overview
RattanIndia Power is a major private thermal power producer in India with:
- Installed Capacity: 2,700 MW (Amravati & Nashik plants)
- Asset Value: ₹18,615 Crore
- Land Holdings: 2,400 acres
Financial Performance (Q4 FY25)
- Revenue: ₹1,029 Crore (up 3% YoY from ₹996 Crore)
- Net Profit: ₹126 Crore (down 99% YoY due to high base effect)
Recent Corporate Update
- Whole-time Director Baliram Ratna resigned on June 6, 2025, citing personal reasons.
Summary
RattanIndia Power's stock has surged 45% in four sessions, driven by strong investor interest. While regulatory scrutiny remains, the company denies any undisclosed developments. With significant stakes held by REC and PFC, the stock remains volatile but shows signs of recovery after a weak start in 2025.
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