ADAG stocks continue to fall; RInfra, RCom tank over 50% in four days

Reliance Capital, Reliance Home Finance and Reliance Naval and Engineering were down between 33 per cent and 35 per cent.

Shares of Anil Dhirubhai Ambani Group (ADAG) companies are  under pressure yet again today. Reliance Infrastructure (RInfra), Reliance Communications (RCom) and Reliance Power (RPower) have lost over 50 per cent in past four trading days on the BSE.

Reliance Capital, Reliance Home Finance and Reliance Naval and Engineering (R-Naval) were down between 33 per cent and 35 per cent. Reliance Nippon Life Asset Management, however, bucked the trend and gained 12 per cent during the period. In comparison, the S&P BSE Sensex has moved up 1.7 per cent thus far in the week.

Bankruptcy proceedings

RCom tanked