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Sensex shocked as Reliance Power trips
Wednesday, February 13, 2008 www.hindustantimes.com
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Stock market
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The Anil Ambani-promoted Reliance Power Ltd scrip blew a fuse on listing. Expected to propel Ambani to the top of the global rich-list, the stock instead plunged as much as 22 per cent below its issue price. In a day of widespread market losses, it eventually closed 17 per cent below issue price at Rs 372.50.
Tags :
Anil-Ambani
Reliance-Power
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