India, Jan. 16 -- During Friday's trading session, shares of one of India's leading private sector power generation companies and part of the Reliance Group slumped around 8 percent to hit a new 52-week low. What led to the sharp fall? Here's a closer look.

At 01:41 p.m., shares of Reliance Power Limited were trading in the red at Rs. 32 on BSE, down by around 4 percent, compared to its previous closing price of Rs. 33.21, with a market cap of Rs. 13,234 crores. The stock has delivered negative returns of over 22 percent in one year, and has fallen by around 8 percent in the last one month.

Reliance Power and Reliance Infrastructure, both part of the Anil Dhirubhai Ambani Group, often find themselves in the spotlight for regulatory or g...