Speculation over the Ambani siblings addressing a joint press conference saw the prices of their listed companies rise on Friday.
Mukesh Ambani group stock Reliance Industries rose 2.52 per cent. The other listed company from the RIL stable, Reliance Industrial Infrastructure gained 2.74 per cent. Anil Ambani group stocks gained between one and 7.5 per cent.
Of this, Reliance Broadcast Network gained 1.2 per cent, Reliance Infra jumped 5.27 per cent, Reliance Mediaworks moved up 7.49 per cent, Reliance Power flared up 3.45 per cent, Reliance Capital surged 5.24 per cent and Reliance Communications rose 5.36 per cent.
It is interesting to note that all these scrips after rising sharply in the afternoon also lost some of the gains in the last hour
>raghavendrarao.k@thehindu.co.in
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.