RPOWER.NS Stock Today: ED Raids Linked Sites; Reliance Power Denies March 7

RPOWER.NS Stock Today: ED Raids Linked Sites; Reliance Power Denies March 7

Anil Ambani ED raids put the spotlight on RPOWER.NS today, 7 March. Reports say the Enforcement Directorate searched 10–12 locations in Mumbai and Hyderabad linked to people associated with Reliance Power in a bank-fraud money laundering probe supervised by an SIT formed on Supreme Court directions. Reliance Power told exchanges that, to its knowledge, no raids happened at its offices. The stock closed at Rs 22.44 on 6 March, near its 52-week low, with volatility likely as the Anil Ambani ED raids story evolves.

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