Announced Sat, 18 Jul · 22:43 IST
CBI conducts search at Reliance Power's registered office
Business Updates View source PDF
RPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹24.50
prior close
₹24.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.4-0.5+0.0-0.8-1.2-4.7-1.3-3.1—————
Up moveDown movePending
AI summary
CBI carried out a search and seizure operation at Reliance Power's registered office in Mumbai in connection with transactions involving Reliance Commercial Finance and Reliance Home Finance. The company said it fully cooperated with the investigating authority. It stated there is no impact on business operations and activities continue in the normal course. No order or direction date has been disclosed.
Likely market impact
Negative short-term sentiment likely from legal scrutiny, though company claims no operational impact. Watch for further developments.