Reliance Power to Reliance Infra: Why did Anil Ambani’s ADAG stocks skyrocket today? EXPLAINED

ADAG Stocks Today: Shares of Reliance Power, Reliance Infrastructure, and other stocks under Anil Ambani’s conglomerate surged over seven per cent on Wednesday, March 26, 2025, defying the subdued market sentiment.

Shares of Reliance Power and Reliance Infrastructure surged by nearly 7.5%, defying the broader market’s subdued sentiment. The key driver behind this rally is the successful acquisition of Reliance Capital by IIHL for 9,650 crores after a prolonged three-year process, during which all outstanding debts were cleared.

With IIHL officially taking control and holding its first board meeting, investor confidence has received a significant boost. This has fueled a sharp rally in ADAG stocks, supported by strong trading volumes, signaling renewed optimism in the group’s future prospects.

Sugandha Sachdeva, Founder of SS WealthStreet

ADAG stocks” refers to the publicly traded shares of companies within the Anil Dhirubhai Ambani Group (ADAG), a conglomerate led by Indian businessman Anil Ambani.

  • Aniket Pujari

    Aniket Pujari

    Aniket Pujari, a graduate in Financial Markets, is the founder of Minute To Know News, a digital platform providing daily news updates on cryptocurrencies, finance, and economics. With a passion for finance and technology, Aniket has been exploring the world of cryptocurrencies since 2015, building a deep understanding of these rapidly evolving industries.

    Related Posts

    Playing long on India: Should retail investors bail FIIs out?

    A typical theme that has dominated equity market conversations over the last six months is whether domestic institutional investors (DIIs) should keep funding the relentless exodus of foreign institutional investors…

    Oil logs third weekly gain after US tariffs put pressure on Venezuelan crude; Brent, WTI gain 6-7% in March

    Oil prices fell on Friday on worries that U.S. tariff wars could spark a global recession, but gained for a third consecutive week after Washington ratcheted up pressure on OPEC…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Tabit, Rain, CoreSky raise capital

    Tabit, Rain, CoreSky raise capital

    43-year-old American expat’s No 1. piece of advice for moving abroad

    43-year-old American expat’s No 1. piece of advice for moving abroad

    No. 1 mistake that leads to regret

    No. 1 mistake that leads to regret

    Quick habits for a more fulfilled life

    New book by ‘Batman’ star Michael Caine: On jealousy and success

    Why it’s so hard to fix the U.S. air traffic control problems