Reliance Power shares jump over 3% after relief from High Court on SECI notice

Reliance Power shares surged after a court ruling. The Delhi High Court halted a ban imposed by Solar Energy Corporation of India. SECI had accused Reliance Power of submitting fake documents. The ban prevented Reliance Power from bidding on future projects. The court’s decision offered relief to the company. The share price reacted positively to the news.