Reliance Power gets access to 2 NCL blocks; stock up 2%

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Reliance Power gets access to 2 NCL blocks; stock up 2%

Reliance Power has got access to 2 NCL blocks. The company is going to benefit over Rs 6000 crore, reports The Economic Times.

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Reliance Power has got access to 2 NCL blocks. The company is going to benefit over Rs 6000 crore, reports The Economic Times.

The stock touched an intraday high of Rs 75.70 and an intraday low of Rs 75. At 09:22 hrs the share was quoting at Rs 75.10, up Rs 1.45, or 1.97%.
 
It was trading with volumes of 134,719 shares. In the previous trading session, the share closed up 0.34% or Rs 0.25 at Rs 73.65.

The company's trailing 12-month (TTM) EPS was at Rs 0.98 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 76.73. The latest book value of the company is Rs 56.67 per share. At current value, the price-to-book value of the company was 1.33.