Reliance Infra, Reliance Power sink up to 19% in 6 sessions amid Rs 17,000 cr loan fraud probe

Reliance Infra, Reliance Power sink up to 19% in 6 sessions amid Rs 17,000 cr loan fraud probe

Shares of Reliance Infrastructure and Reliance Power have tumbled up to 19% over the past six trading sessions amid an ongoing investigation into an alleged Rs 17,000 crore loan fraud involving the Anil Ambani-led companies. On Wednesday, Reliance Infrastructure shares dropped over 4% to the day’s low of Rs 267. Meanwhile, Reliance Power shares fell … Read more

LIC portfolio shuffle: Reliance Power among top 10 stocks where stakes went up in June quarter – LIC’s portfolio snapshot June 2025

LIC portfolio shuffle: Reliance Power among top 10 stocks where stakes went up in June quarter – LIC’s portfolio snapshot June 2025

Life Insurance Corporation of India (LIC), India’s largest domestic institutional investor, held an equity portfolio valued at Rs 15.5 lakh crore as of the June 2025 quarter. Over the quarter, LIC made notable shifts, exiting or trimming 81 stocks while increasing its exposure to strategic sectors like defence, financial services, and technology. As of the … Read more

Reliance Infra board approves Rs 6,000 crore fundraising plan via QIP

Reliance Infra board approves Rs 6,000 crore fundraising plan via QIP

The board of Reliance Infrastructure on Wednesday approved a Rs 6,000 crore fundraising plan through the Qualified Institutional Placement (QIP) and other modes. The Anil Ambani-promoted company plans to raise funds through the issuance of equity shares or equity linked instruments to qualified institutional buyers (QIBs). The company informed about the development via filing to … Read more

RPower, Reliance Infra shares tumble up to 5% after SBI flags RCom loan as fraud

RPower, Reliance Infra shares tumble up to 5% after SBI flags RCom loan as fraud

Shares of Reliance Power and Reliance Infrastructure tumbled in Thursday’s trade after the State Bank of India (SBI) classified the loan account of Reliance Communications (RCom) as fraud, implicating the company’s former director, Anil Ambani, Times of India reported. Reliance Power slipped 4.8% to Rs 64.75, while Reliance Infra hit the 5% lower circuit at … Read more

Comeback kings! Reliance Power, Reliance Infra among 40 turnaround stories of FY25. Watchlist material?

Comeback kings! Reliance Power, Reliance Infra among 40 turnaround stories of FY25. Watchlist material?

In a stunning reversal of fortune, at least 40 companies pulled off a comeback story, shifting from losses in FY24 to profits in FY25. Stocks of nine of these companies have rewarded investors with multibagger returns exceeding 100%. Leading this remarkable turnaround brigade is Anil Ambani-led Reliance Power, which catapulted from a staggering loss of … Read more

Reliance Power shares skyrocket 22% in 6 days. Should you book profits?

Reliance Power shares skyrocket 22% in 6 days. Should you book profits?

Shares of Reliance Power have witnessed a sharp rally in the last six trading sessions, surging 22.2% to Monday’s high of Rs 55.10 on the BSE. The stock faced some profit booking at those higher levels and tumbled to trade 1.4% lower at Rs 51.19 around 11:30 am. Reliance Power witnessed strong volumes with a … Read more

Reliance Power stock rallies 18%; Supertrend indicator triggers ‘buy’

Reliance Power stock rallies 18%; Supertrend indicator triggers ‘buy’

Reliance Power Ltd, part of the power generation space, rallied over 18% in intraday trade on Friday, supported by strong volumes. The momentum also triggered a buy on the Supertrend indicator on the weekly charts, which is a positive sign for the bulls. The Supertrend indicator is a trend-following technical analysis tool that helps traders … Read more

Reliance Power shares soar 10% after company swings to profit of Rs 126 crore in Q4

Reliance Power shares soar 10% after company swings to profit of Rs 126 crore in Q4

Reliance Power shares zoomed 10.2% to Rs 42.60 in Monday’s early trade on the BSE after the company posted a consolidated net profit of Rs 126 crore for the January–March quarter of FY25, compared to a loss of Rs 397.56 crore in the same period last year, driven by a sharp decline in expenses, according … Read more

Reliance Power shares soar 9% after firm returns to black in Q3

Reliance Power shares soar 9% after firm returns to black in Q3

Shares of Anil Ambani-led Reliance Power surged 8.64% to Rs 43.37 on the BSE in early trade on Thursday, after the company reported a net profit of Rs 41.95 crore for the December quarter. This marks a strong rebound from a loss of Rs 1,136.75 crore during the same period last year. Meanwhile, the firm … Read more

Stocks in news: Reliance Power, Coal India, AstraZeneca India, PNB, Power Grid

Stocks in news: Reliance Power, Coal India, AstraZeneca India, PNB, Power Grid

Domestic markets opened the week on a positive note, gaining nearly half a percent in line with last week’s momentum. In today’s trade, shares of Reliance Power, Coal India, AstraZeneca India, PNB, Power Grid among others will be in focus due to various news developments. Reliance PowerReliance Power’s board approved issuance of up to 46.20 … Read more