Anil Ambani
Taking major action against the country’s biggest industrialist Anil Ambani, ED has seized his assets worth Rs 3 thousand crores. These include Pali Hill house in Mumbai and Reliance Center in Delhi. The impact of this news is being seen on their companies today. Where Oak ED action has been taken against him. On the other hand, there is a huge decline in the shares of their two major companies Reliance Power and Reliance Infrastructure. Till the time of writing this news, Ambani has suffered a loss of Rs 1831 crore from these two companies alone.
After the seizure of property by ED, its negative impact on Anil Ambani’s company started becoming visible after the market opened today. At around 11 am, the shares of Reliance Infrastructure fell by 5 per cent and hit lower circuit at around 11 am, due to which the company’s share price fell by about Rs 10 to Rs 205.16 and a dip of about 6.6 per cent is still visible in the power shares.
The news is updating….