RattanIndia Shares Drop on June 12 After 18% Rally; BSE Questions Sharp Share Price Surge

On June 12, 2025, RattanIndia Enterprises Ltd shares fell by 5.37% to trade at ₹62.06, down ₹3.52 from the previous close of ₹65.58. The stock opened and hit an intraday high of ₹65.50 before dipping to a low of ₹61.68. Despite the decline, it remains well within its 20% price band, with the upper limit set at ₹78.69 and the lower at ₹52.47.

Notably, this correction came after the stock had gained over 35% in the last four sessions, marking a strong winning streak before today’s pullback.

BSE Seeks Clarification

Shares of RattanIndia Power soared 18% on June 11, touching a high of ₹14.04 on the NSE amid an unusual surge in trading volumes. Nearly 19.47 crore shares exchanged hands during the session.

While the exact reason for the sharp rally remains unclear, BSE has formally sought clarification from the company regarding the spike in price and volume activity.

RattanIndia Power Leadership Change Announced Recently

Just days before the stock rally, the company had announced the resignation of Whole-Time Director Baliram Ratna, effective June 6, 2025. The resignation was attributed to personal reasons. The timing of the announcement and the stock movement have drawn regulatory attention.

About RattanIndia Power

RattanIndia Power Ltd positions itself as one of India’s largest private-sector power generation companies. The firm operates thermal power plants with a total capacity of 2,700 MW—split between Amravati and Nashik (1,350 MW each) in Maharashtra. The company has investments valued at ₹18,615 crore, and its plants are spread over 2,400 acres.

RattanIndia India Q4 FY25 Earnings

For the fourth quarter of FY25, RattanIndia Power reported a dramatic 99% YoY decline in consolidated net profit, which fell to ₹126 crore from ₹10,666 crore in the same quarter last year. On a positive note, the company’s consolidated revenue rose 3% year-on-year to ₹1,029 crore, compared to ₹996 crore in Q4 FY24.

Read More: Jaiprakash Power Share Price Falls 2% on June 12, Breaking 6-Session Rally; Here's Why.

Conclusion

The recent volatility in RattanIndia shares highlights how market sentiment and regulatory developments can significantly impact stock movements. While the sharp rally followed by a sudden correction has caught the attention of both investors and the exchange. Investors should remain cautious before making any investment decisions.

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.