Anil Ambani’s Reliance skyrockets on share market, once lost 99% of value, now soaring after Rs 8000000000… - News Summed Up

Anil Ambani’s Reliance skyrockets on share market, once lost 99% of value, now soaring after Rs 8000000000…


BusinessAnil Ambani’s Reliance skyrockets on share market, once lost 99% of value, now soaring after Rs 8000000000…Anil Ambani owned Reliance Power's share in 2008 was trading for around Rs 260.78 and after a massive downfall, the share price was around Rs 1.13 on 27 March 2020. Shares of Anil Ambani owned Reliance Power touched the upper circuit on June 11. After nearing 52-week high levels, stock of Anil Ambani’s Reliance Power closed at 28.67 apiece on BSE. After making a slow recovery over the years, Anil Ambani’s Reliance Power once again has the attention of traders. Anil Ambani’s Reliance Power currently has an equity base of Rs 4016 crore with participation of more than 38 lakh retail investors.


Source: dna June 12, 2024 19:16 UTC



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