ADAG shares extend gains; RPower, Reliance Nippon hit 52-week high

RCom, Reliance Power, Reliance Home Finance, Reliance Infra and Reliance Capital were up more than 30% in past one month

Shares of Anil Ambani led Reliance Group (ADAG) companies continued their upward journey and rallied by up to 28% on the BSE on the back of heavy volumes in an otherwise subdued market.

Reliance Power, Reliance Home Finance and Engineering and Reliance Capital were up more than 4% each. On comparison, the S&P BSE Sensex was trading 5 points lower at 34,052 at 12:45 PM. Reliance Power and Reliance Nippon Life Asset Management have hit their respective 52-week highs on the BSE in intra-day trade.

In past one month, the stock of Reliance Communications (RCom) appreciated by three-fold