Reliance Power Share Price | Reliance Power Limited shares have again attracted attention, with the stock trading at ₹40.28 on Tuesday, January 21, 2025, showing a decline of 1.23%. Meanwhile, the company has announced an important update regarding its leadership.
Appointment of new CEO and Executive Director
In an announcement made to the stock market, Reliance Power Limited confirmed the appointment of Neeraj Parekh as the new Executive Director and Chief Executive Officer, effective January 20, 2025. The term of his appointment will be determined by the Board of Directors of the company.
Company statement
The board emphasized Neeraj Parekh’s extensive experience within the Reliance Group. Having joined Reliance Infrastructure’s Central Technical Services team as an additional manager in June 2004, Parekh has held progressively challenging roles over the last 21 years. His leadership is expected to strengthen the strategic direction of the company.
As of Wednesday, January 23, 2025, Reliance Power shares were trading 1.34% lower at ₹39.6.
Reliance Power Share Price Performance
- Recent Decline: The stock has declined 8.15% in the last one year.
- Short-term Growth: In the last six months, it has returned 45%.
- Long-term Growth: In the last five years, Reliance Power shares have skyrocketed with an impressive return of 1900%.
- 52-Week Range: The stock hit a 52-week high of ₹53.64 and lowest of ₹19.40.
Also Read: Vedanta Share Price | Vedanta Share Market, Great Update on Company, Stocks in Focus – NSE: VEDL
Pingback: Trent Share Price | This stock of Tata Group made investors cry, the stock fell 18% in 15 trading sessions