RattanIndia Power share price has been on a remarkable run, climbing by as much as 12.9% today, Wednesday, June 11, 2025. This latest jump brings its total gain over just two days to a significant 35%. The surge comes with very high trading volumes, as 20.5 crore (205 million) shares changed hands on the NSE, pushing the stock to an intraday high of ₹16.13.
Following the sharp rise in its share price and trading activity, the National Stock Exchange (NSE) asked RattanIndia Power for an explanation. In response, the company released a formal statement late on Tuesday.
RattanIndia Power stated that it is "not aware of any reason for the recent significant increase in the trading volume of its shares." The company emphasised that the movement in its stock price and trading volume is "purely market driven." It also confirmed that no important new information or announcements have been held back from the stock exchanges, ensuring it fully complies with all required disclosure rules.
This clarification from the company comes shortly after a separate piece of news earlier this week. Over the weekend, RattanIndia Power announced that Mr. Baliram Ratna, a Whole-time Director, had resigned from his position due to personal reasons, effective June 6, 2025.
Looking at the stock's performance, despite the recent impressive gains, it is still down by 7% over the last year. However, it has jumped by 61% in the past month and 42.3% in just the last week, showing how quickly the rally has taken hold.
RattanIndia Power owns and operates thermal power plants in Maharashtra, with a total capacity of 2,700 megawatts. The company states it has made significant investments of ₹18,615 crore in these facilities.
Read more: How to Buy NSDL Unlisted Shares: A Guide for Investors
RattanIndia Power's shares are experiencing a rapid ascent. While the company attributes the surge to market forces and its fundamentals present a mixed view, the sharp rally has certainly put this smallcap stock in the spotlight.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Jun 11, 2025, 1:16 PM IST
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