Reliance Energy promoters eye ₹2,500 cr from sale of 18% stake

The part-sale of promoters’ stake in Anil Ambani-led Reliance Energy is predicted to fetch round ₹2,500 crore. The promoters are planning to promote 18-19 per cent stake out of their direct holding of 30 per cent within the firm, sources near the event stated. Reliance Energy has appointed JP Morgan because the banker for the … Read more

Why Reliance Infrastructure share worth fell over 23% in commerce at present

The Reliance Infrastructure share worth fell in commerce at present after the Q3 earnings of the ADAG Group Group agency did not cheer buyers.  The Reliance Infrastructure share worth fell 23.60% intra day to 117.65 – a recent 52 week low- in comparison with the earlier shut of 154 stage on the BSE. The Reliance … Read more

This inventory fell 44% in final 4 classes; hit recent 52-week low in commerce right this moment

The Reliance Infrastructure share worth has hit a roadblock over the past 4 classes. The midcap inventory has been falling after Anil Ambani-owned Reliance Communications determined to go for insolvency proceedings final week following its failure to promote belongings for paying again its lenders. Reliance Infrastructure additionally reported its Q3 earnings yesterday which didn’t arrest … Read more