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 equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
The 30-share BSE Sensex pack slipped 9 points or 0.01 per cent to close at 62,970; while the broader NSE Nifty index moved 26 points or 0.14 per cent higher to settle at 18,691. Mid and smallcap shares finished strong, with the Nifty Midcap 100 up 0.92 per cent and Nifty Smallcap 100 rising 0.62 per cent. Fear gauge India VIX rose 1.42 per cent to 11.40.
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."
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.