Anil Ambani group cos' stocks gain; RInfra climbs over 8%
   
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Anil Ambani group cos' stocks gain; RInfra climbs over 8%

Last Updated: Thursday, August 22, 2013, 18:23
 
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Anil Ambani group cos' stocks gain; RInfra climbs over 8%
Mumbai: In-sync with an overall strong stock market, shares of Anil Ambani-led Reliance Group companies were in limelight Thursday, with Reliance Infrastructure gaining over 8 percent.

Shares of Reliance Infrastructure zoomed 8.58 percent to Rs 344.20, while Reliance Capital soared 6.02 percent to Rs 316.10. Reliance Communications jumped 5.67 percent to close at Rs 121.15 at the BSE.

Other group entities such as Reliance Broadcast Network Ltd gained 4.89 percent, Reliance Power (3.68 percent) and Reliance Mediaworks (2.25 percent).

Meanwhile, Anil Ambani today appeared as a prosecution witness before a Delhi court trying the 2G spectrum case.

Market analysts said the development ended the uncertainty about his appearance, while an overall recovery in the stock market also helped revive the sentiment in the group stocks.

Meanwhile, the benchmark Sensex surged 407.03 points today to close the day at 18,312.94.

PTI



First Published: Thursday, August 22, 2013, 18:23


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