Reliance Power share price: The stock surged 5.38 per cent to hit a one-year high of Rs 33.10. At this price, the scrip has gained 48.03 per cent in seven trading days. And, it has given multibagger return by rallying 265.75 per cent from its 52-week low price of Rs 9.05, a level seen on March 28 last year when it turned into a penny stock.
The volumes generated by high frequency trading firms (HFTs), more often than not, attracts retail investors to these stocks. The stocks gained between 7-18 percent as trading volumes jumped multi-fold compared to one-month average.
Reliance Power: Extending gains for the 6th consecutive session, the stock has gained 8 percent in intra-day deals today. Between December 29 and January 5, it has advanced 47.6 percent.
Reliance Power share price: The stock jumped 20 per cent to hit a fresh one-year high of Rs 31.15. At this price, the stock has gained 39.31 per cent in five trading days. The scrip saw heavy trading volumes today.