FIIs bought 1,25,66,911 shares & DIIs bought 65,24,565 shares: Multibagger power stock under Rs 20 jumps 7.80% with heavy volume; Do you own it?
The stock is up by 88.6 per cent from its 52-week low of Rs 8.44 per share and gave multibagger returns of over 350 per cent in 3 years.
The stock market ended the day in red on Monday with the benchmark Sensex down 0.54 per cent at a level of 86,606.46 and the Nifty-50 down 0.47 per cent at a level of 25,517.05. About 2,362 shares advanced, 1,750 declined and 178 were unchanged on the BSE.
Though the market was in red, shares of RattanIndia Power Limited jumped 7.80 per cent to Rs 15.52 per share from its previous closing of Rs 14.40 per share. The shares of the company saw a spurt in volume by more than 3 times. The stock’s 52-week high is Rs 18.27 per share and its 52-week low is Rs 8.44 per share.
RattanIndia Power Limited is a leading private power generation company in India, operating major thermal power plants in Amravati and Nashik, Maharashtra. The company was initially incorporated as Sophia Power Company Limited in 2007 as part of the Indiabulls group. After listing on the NSE and BSE in 2009, its name was changed to Indiabulls Power Limited. A group restructuring in 2014 saw the company, along with Indiabulls Infrastructure and Power Limited, demerged from the Indiabulls group and subsequently rebranded as RattanIndia Power Limited. The company has a market cap of over Rs 8,300 crore.
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According to Quarterly Results, net sales increased by 2.4 per cent to Rs 936.25 crore in Q4FY25 compared to Rs 913.96 crore in Q4FY24. The company reported a net profit of Rs 125.94 crore in Q4FY25 compared to a net profit of Rs 10,665.75 crore in Q4FY24, a decrease of 99 per cent. In its annual results, net sales decreased by 2.4 per cent to Rs 3,283.83 crore in FY25 compared to Rs 3,364 crore in FY24. The company reported a net profit of Rs 215.9 crore in FY25 compared to a net loss of Rs 1,027.90 crore in FY24, an increase of 121 per cent.
In March 2025, FIIs bought 1,25,66,911 shares and increased their stake to 5.25 per cent while DIIs bought 65,24,565 shares and increased their stake to 6.66 per cent compared to December 2024. The stock is up by 88.6 per cent from its 52-week low of Rs 8.44 per share and gave multibagger returns of over 350 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.