Archive · 6 Aug 2025
Reliance Power, RInfra Shares Jump Following ED Probe
Shares of Reliance Power and Reliance Infrastructure went up by 5% after dropping recently due to an investigation.
The government is looking into possible money laundering by Anil Ambani's company.
The company said the investigation is about old loans that have already been paid back.
Experts are now saying where the stock prices might go next, based on how they have been trading.
Reliance Power and Reliance Infrastructure shares surged 5% each on Wednesday.
The share increase followed a recent downturn due to ED raids and questioning.
The ED is investigating the Reliance ADAG group regarding a money laundering case.
Reliance ADAG stated the probe concerns transactions from over eight years ago.
Analysts provided technical support and resistance levels for both stocks.
- Who
- Reliance Power, Reliance Infrastructure, the Enforcement Directorate (ED), and analysts.
- What
- Shares of Reliance Power and Reliance Infrastructure increased in value.
- When
- The increase occurred on Wednesday.
- Where
- Not explicitly mentioned.
- Why
- Following the ED's investigation into the Reliance ADAG group, which also led to a period of decline.
Reliance ADAG
Enforcement Directorate
Investigation Details
Reliance ADAG
The probe concerns transactions from over eight years ago involving YES Bank and Reliance Home Finance, and the loans have been fully repaid.
Enforcement Directorate
The article does not contain an opposing viewpoint from the ED.
- Companies Involved
- Reliance Power, Reliance Infrastructure
- Share Increase
- 5% each
- Investigation
- ED money laundering probe
- ADAG Statement
- Probe related to past transactions
- RPower Support
- Rs 43
- RInfra Support
- Rs 270
