Latest business news
Reliance Power share price: Anil Ambani-owned ADAG stock has hit a 52-week high on Friday, May 30, after bagging an order from Navratna SJVN. Reliance Power on Wednesday said its arm Reliance NU Energies has received a letter of award for a 350 MW solar power project coupled with a 175 MW/700 MWh Battery Energy…
Reliance ADAG group stocks in focus: Shares of the Anil Dhirubhai Ambani Group (ADAG), which include Reliance Home Finance, Reliance Infrastructure, and Reliance Power, saw a significant increase during trading on Friday (May 23). The stocks of Anil Ambani’s Reliance ADAG group experienced a surge, fueled by a number of positive announcements, enhanced financial stability,…
New Delhi, May 25 (PTI): The combined market valuation of six of the top-10 most valued firms eroded by ₹78,166.08 crore last week, with Reliance Industries taking the biggest hit, in line with weak trends in equities. Last week, the BSE benchmark dropped 609.51 points or 0.74 per cent and the Nifty declined 166.65 points…
Shares of Anil Ambani-led Reliance Power are likely to be in the spotlight on Wednesday, May 21, following key corporate developments including a preferential share allotment worth ₹43.89 crore and a landmark renewable energy partnership in Bhutan. Anil Ambani-owned Reliance Power has executed a preferential allotment of equity shares aggregating ₹43.89 crore to two entities—Reliance…
Anil Ambani group stock Reliance Power hogged the limelight in trade on Monday, May 19, after the company announced entering into an agreement with Green Digital Private Limited, owned by the government of Bhutan, to develop the country’s largest 500 MW solar power project through a 50:50 joint venture.
Nine out of the ten most valuable companies saw a combined increase of ₹3.35 lakh crore in their market capitalisation last week, reflecting an overall positive momentum in the stock market, with Reliance Industries leading the surge. Among the top 10 firms, HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys,…
Eight of India’s ten most valuable companies collectively lost ₹1.60 lakh crore in market value last week, with Reliance Industries suffering the largest decline amid a broader market downturn. The BSE benchmark index fell by 1,047.52 points, or 1.30%, during the week. Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, State…
Seven out of the ten most valuable companies in India saw a combined increase of ₹2.31 lakh crore in market valuation during the previous, holiday-shortened week, with Reliance Industries leading the gains amid generally positive sentiment in the equity market. The companies that registered valuation gains were Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank,…
Reliance Power share price jumped over 3% on Friday after the company’s subsidiary, Reliance NU Suntech Private Limited (Reliance NU Suntech), signed a 25-year long-term Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI). Reliance Power shares gained as much as 3,90% to ₹41.54 apiece on the BSE. At 10:45 AM, Reliance…
Billionaire industrialist Mukesh Ambani’s net worth topped the $100 billion mark again on Wednesday, April 30, after Reliance Industries share price extended its winning streak for two straight days post strong quarterly results. The share price of the oil to telecom conglomerate has rallied nearly eight per cent in three days after Ambani-led empire reporter…