Reliance Power share price jumped more than 7% in early trade on Thursday despite a flat trend in the Indian stock market. Reliance Power shares rallied as much as 7.62% to ₹46.87 apiece on the BSE.
The gains in Reliance Power share price comes with high volumes. Around 6 crore Reliance Power shares were trading on April 24 as against its one week average volumes of 5 crore shares.
Meanwhile, the BSE Power index was up 0.28%, led by gains in stocks like Tata Power, Suzlon Energy, Adani Green Energy, NTPC, Siemens, JSW Energy and Adani Power.
Reliance Power share price gains also comes when the Indian stock market traded lower, breaking its seven day winning streak.
At 9:35 AM, Reliance Power share price was trading 6.08% higher at ₹46.20 apiece on the BSE.