Stocks of the Anil Ambani-led Reliance Group exhibited a mixed performance during the week of November 25–29, 2024. While some companies posted gains, others witnessed a decline.
Reliance Home Finance Ltd saw a decline of ₹0.27, representing a 10.71% drop for the week, closing at ₹2.25. The stock faced selling pressure due to prevailing market sentiments.
On the positive side, Reliance Infrastructure Ltd gained ₹14.10 (5.34%) to close the week at ₹277.90, highlighting some investor confidence in infrastructure projects.
Similarly, Reliance Power Ltd recorded a notable increase of ₹2.94, or 8.24%, closing at ₹38.64, as power sector stocks continued to gain traction.
Weekly Performance Table
| Stock | Closing Price (₹) | Weekly Gain (₹) | Weekly Gain (%) |
|---|---|---|---|
| Reliance Home Finance Ltd | 2.25 | -0.27 | -10.71 |
| Reliance Infrastructure Ltd | 277.90 | 14.10 | 5.34 |
| Reliance Power Ltd | 38.64 | 2.94 | 8.24 |
The week’s performance indicates varied investor interest across the group’s companies, reflecting sectoral and market-specific dynamics.
Disclaimer:
This article is for informational purposes only and should not be interpreted as financial or investment advice. Readers are advised to consult with a professional financial advisor before making any investment decisions.
