New Delhi, May 23 -- Reliance Power share price in focus: Reliance Power's share price surged 18.5% in intraday trading on Friday, May 23, reaching a six-month high of Rs.52.82 apiece on the back of a sharp surge in trading volumes. The rally also marked the stock's biggest intraday jump since January 2024.

A total of 232.3 million shares changed hands on both the NSE and BSE as of 1:00 p.m. today, marking a four-fold increase over the stock's average weekly volume of 54 million shares. The stock has been on investors' radar in recent weeks due to multiple positive developments that have helped sustain the momentum and push the stock to multi-month highs.

On May 20, Anil Ambani-owned Reliance Power executed a preferential allotment of e...