Anil Ambani: Anil Ambani's shares have risen at rocket speed.. how much? | Telugu News


Anil Ambani Shares Rose Broadly

Anil Ambani: Markets have picked up pace with the inauguration of the new government led by Prime Minister Modi. The market shares of those companies are skyrocketing. The stock market got off to a great start on the first trading day of the week after the new government took office. The BSE Sensex crossed the 77,000 mark for the first time, while the NSE Nifty also touched a fresh all-time high of 23,411.90. Amid the market boom, shares of companies ranging from Adani to Ambani rose broadly. Shares of the company owned by Mukesh Ambani's brother Anil Ambani rose 12 percent.

Shares jumped 12 percent in early market trading

Shares of Anil Ambani, brother of Asia's richest man Mukesh Ambani, Reliance Infrastructure seem to be rocketing on Monday. With the market off to a strong start, his company's share had earlier closed at Rs. 168.20 as against Rs. 175.00 levels. Within minutes of the start of trading, Rs. At 192.07 it reached the hurricane level. It has increased by more than 12 percent in a short period of time.

Increased Reliance Infra market cap

Anil Ambani's stock is trading on a steady rise after a strong start. At 10.45 am today (Monday), it was trading at 184.66 with an increase of 10.07 per cent to Rs 16.90. The Anil Ambani-owned stock hit a 52-week high of Rs. 308 while the minimum is Rs. 134.75. The rise in the company's shares has also impacted its market capitalization (Reliance Infra Market Cap) to Rs 7340 crore.

Multibagger returns 746% in four years

Shares of this company in the infrastructure sector have registered strong gains over the past month. Anil Ambani's company has returned around 14 percent to its investors during this period. In five years it has proved to be a multibagger for investors. Shares of the company returned 212.38 percent during this period. That means the investors' money has increased three times. Talking about the last four years it has given investors a strong return of 746.47 percent. On June 12, the share price of Reliance Infra was only Rs.21.80, but now it has reached Rs.192.07.

Let us inform you that recently, leading investor Vijay Kedia's company Kedia Securities also placed a big bet on Reliance Infrastructure Limited, due to the rally in Anil Ambani's company shares. According to his shareholding pattern, during the quarter from January to March 2024, Vijay Kedia's company acquired a major stake of 1.01 percent in Reliance Infra. According to the report, Kedia bought 40 lakh shares.

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