Archive · 25 Jul 2025

Reliance Power, Infra Shares Plummet After ED Raids on Ambani Group

Reliance Power, Infra Shares Plummet After ED Raids on Ambani Group

Imagine some companies were investigated for a possible financial crime.

Because of this, stocks for Reliance Power and Reliance Infrastructure, two related companies, went down quickly.

Government investigators, called the ED, checked places connected to the companies.

The companies said they weren't directly involved, but investors worried anyway.

The investigation looks at a loan from a bank and whether money was misused, which made people sell their shares.

Sources