Reliance Power, Anant Raj and 4 Other Nifty 500 Stocks Trading Below RSI 30: Do You Own Any?
India, Oct. 21 -- Reliance Power Limited
Reliance Power Limited is an Indian power generation company associated with the Reliance Group. The company was established to develop, own, and operate power generation projects to meet India's growing electricity demand. Its business activities include thermal power generation and the development and operation of energy projects using different fuel sources. Reliance Power has been involved in large-scale power infrastructure projects and electricity supply arrangements designed to support industrial, commercial, and domestic consumption.
With a market capitalization of Rs. 7,117.66 crores on Wednesday, the stock is trading at Rs. 17.22, with an RSI of 20.81 indicating that it is in the oversol...
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