Investors Flock to RattanIndia Shares
Tuesday brought an unexpected wave of excitement to the market as shares of RattanIndia Power Ltd. skyrocketed. Opening near ₹12, the stock suddenly leapt over 15 percent, effortlessly crossing the ₹14 mark. It left everyone from the seasoned investors to the new investors guessing about what was happening in the background.
This is the same stock that hit its bottom of ₹8.44 in March 2025. Just a couple of months ago in June last year, it had been at ₹19.78. That wide swing in prices now seems to be repeating itself, stirring speculation among market watchers and retail investors alike.
BSE Raises Questions on Volume Spike
With unusual activity comes scrutiny. On June 10, 2025, the Bombay Stock Exchange sent a formal request to RattanIndia Power, asking for clarity on the unusual jump in trading volume and share value. Exchanges often keep a close watch when sudden price movements happen without any clear trigger.
One possible reason behind the buzz could be the company’s leadership update. Just days earlier, the full time director Baliram Ratna Jadhav stepped down, citing personal reasons. His resignation became effective on June 6. The company reported this to both BSE and NSE on June 7, sticking to disclosure norms. Even so, the timing has raised eyebrows.
Shareholding Numbers Reveal Major Players
If we take a closer look at the ownership details, it gets more interesting. The promoter group still controls 44.06 percent of the company. Public investors own the larger share, standing at 55.94 percent.
Among the big public holders, Power Finance Corporation Limited commands attention. They own 4.38 percent, which amounts to over 23 crore shares. REC Limited is also on the list with a stake of 1.72 percent, owning more than 9 crore shares.
Strong Roots and Changing Fortunes
RattanIndia Power, established in 2007, has its base in the power generation space. Its official address is in Mahipalpur, New Delhi, and it trades on both the NSE and BSE. Despite challenges, the company has shown resilience.
In the January to March quarter, profit reached ₹125.94 crore. That is a contrast to the huge ₹10,665.75 crore profit earned last year during the same quarter. Yet, revenue moved up to ₹1,028.61 crore from ₹995.73 crore.
The mystery around the price surge remains. But one thing is certain. Investors have their eyes glued to what happens next.
