Anil Ambani, once written off by the market, is experiencing a resurgence in his corporate ventures. His group companies, Reliance Power and Reliance Infrastructure, have seen significant market cap gains in recent months.
Key highlights:
• Reliance Power and Reliance Infrastructure market cap gains of 1.5x and 1.9x, respectively.
• Foreign institutional holdings have increased.
• Debt-free status for the group companies.
• Reliance Group India focusing on green energy, defence production, and strategic infrastructure.
The development signifies a structured pivot towards sectors aligned with India’s priorities, potentially shaping a notable turnaround on Dalal Street.
Source: Economic Times