Reliance Power Ltd (RPOL.NS)
11 Dec 2013
|Market Cap (Mil.):||Rs206,036.50|
|Shares Outstanding (Mil.):||2,805.13|
NEW DELHI - Reliance Power said on Friday that its Chief Executive Officer J.P. Chalasani will quit the company towards the end of the year.
Reuters Market Eye - Shares in Reliance Power Ltd gain 2.9 percent after investors sharply pared short positions in July futures, dealers say.
* Shares in Reliance Power Ltd gain 2.9 percent after investors sharply pared short positions in July futures, dealers say. * Reliance Power's July futures <RPOLN3:NS> saw a reduction of 380,000 shares in outstanding positions as of 0446 GMT. * Dealers add the sentiment is also improving for other companies controlled by billionaire Anil Ambani group stocks, given the recent efforts for debt reduction and deals in Reliance Communications Ltd. * Reliance Comm shares fall 1.7 percent on p