 "The earnings of Anil Ambani's Reliance Communications slumped after Reliance Jio offered free calls and data plans.")
Shares of Anil Ambani led Reliance Group (ADAG) companies continued their upward journey and rallied by up to 28% on the BSE on the back of heavy volumes in an otherwise subdued market.
Reliance Power, Reliance Home Finance and Engineering and Reliance Capital were up more than 4% each. On comparison, the S&P BSE Sensex was trading 5 points lower at 34,052 at 12:45 PM. Reliance Power and Reliance Nippon Life Asset Management have hit their respective 52-week highs on the BSE in intra-day trade.
In past one month, the stock of Reliance Communications (RCom) appreciated by three-fold
Reliance Power, Reliance Home Finance and Engineering and Reliance Capital were up more than 4% each. On comparison, the S&P BSE Sensex was trading 5 points lower at 34,052 at 12:45 PM. Reliance Power and Reliance Nippon Life Asset Management have hit their respective 52-week highs on the BSE in intra-day trade.
In past one month, the stock of Reliance Communications (RCom) appreciated by three-fold
