Reliance Power Emerges as Multibagger Stock, Rallies Over 2,400% in 4 Years
Shares of Reliance Power Ltd, the Anil Ambani-led power generation company, have turned into a multibagger investment over the past four years, surging an astonishing 2,400% from its March 2020 lows. The company’s stock closed at Rs 28.68 on Monday, taking its four-year gains to 2,437% from the Rs 1.13 level it had plunged to on March 27, 2020. An investment of Rs 1 lakh in Reliance Power back then would now be worth over Rs 25.37 lakh. The sharp …