Reliance Power to Reliance Infra: Why did Anil Ambani’s ADAG stocks skyrocket today? EXPLAINED | Stock Market News
Source: Live Mint
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.
