Reliance Infra, Reliance Power Hit Lower Circuits As ED Probes Fraud In Anil Ambani Group Entities

Reliance Infra, Reliance Power Hit Lower Circuits As ED Probes Fraud In Anil Ambani Group Entities


Reliance Home Finance Ltd. share price was the worst hit among stocks of the Anil Ambani group. The share price hit a 5% lower circuit and fell to Rs 4.36 apiece so far today. As of 10:37 a.m., the stock remained stuck at the lower circuit.

Reliance Power Ltd. was the second big loser. It has also hit a 5% lower circuit and fallen to Rs 42.94 apiece. The stock came out of the lower circuit to trade 4.87% lower at Rs 42.98 apiece as of 10:40 a.m., as compared to a 0.31% decline in the NSE Nifty 50 index.

Reliance Infrastructure Ltd has also hit a lower circuit but recovered the most among other group stocks. The stock was trading 2.90% down at Rs 273.2 apiece as of 10:41 a.m.

The market cap of Anil Ambani Group companies declined Rs 1,231 crore to Rs 28,829 crore as of 10:42 a.m.



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