Crisil has given above average rating for Rel Power

Thebullishtrends: The much awaited IPO, Reliance Power has got 4/5 rating from CRISIL which states that the IPO is having above average fundamentals. Reliance Power proposed Rs.130 Cr IPO. Reliance Power has got two out of three ultra mega power projects from the government. Meanwhile Reliance Power has got the attraction of traders in Grey Market, it quotes for Rs.10 face value shares quoting in grey market at Rs.355-360.