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RattanIndia Power shares extend gains, jump 7% to hit one-year high levels today; what s pushing this stock up?

RattanIndia Power share price: The stock today jumped 7.13 per cent to hit its 52-week high of Rs 6.01 over its previous close of Rs 5.61. Also, the counter has turned multibagger by gaining 113.12 per cent from its one-year low price of Rs 2.82, hit on March 29, 2023.

RattanIndia Power Ltd refinances senior debt fully

RattanIndia Power Ltd refinances senior debt fully
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RattanIndia Power shares zoom 20% to trade near one-year high levels; here s why

RattanIndia Power share price: RattanIndia also mentioned that its operational performance remains strong with average EBITDA exceeding Rs 1,000 crore per annum since commissioning over the last 8 years. Rajiv Rattan, Chairman of RattanIndia Power, said, "RattanIndia Power has built world class plants in the state of Maharashtra. Amravati Power Plant has been consistently performing for the last 8 years with robust cash flows. The refinance transaction is a strong testimony to its excellent operating performance."

RattanIndia Power secures refinancing of senior debt with Rs 1,114 crore transaction led by Kotak Mahindra Bank

Since the resolution in December 2019, RattanIndia Power Ltd. has repaid a total amount of Rs. 3,371 crore to these international financial institutions. Out of this, Rs. 988 crores was prepayment.

Road Map In Place For Supplying Rakes To Long Distance Thermal Power Stations, Says Railways

Road Map In Place For Supplying Rakes To Long Distance Thermal Power Stations, Says Railways
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