Know All About These 3 Anil Ambani Stocks That Could Make You Rich

Anil Ambani, who was once burdened with debt, is now seeing a turn in his fortunes. Anil Dhirubhai Ambani Group (ADAG) companies have performed tremendously in the stock market, giving investors multibagger returns. The special thing is that the three major companies of the group, Reliance Power, Reliance Infrastructure and Reliance Home Finance, are trading near their 52-week highs.

Reliance Power Shares

Reliance Power shares have gained nearly 107% in the last three months. Its price was at Rs 34 in March, which has now increased to Rs 67.25. This share has recently touched its 52-week high. According to the company's latest results, its operating margin and profit have increased on a year-on-year basis.

Shares of Reliance Infrastructure

The shares of this company have also performed well. It has increased by 79 per cent in just 3 months, and its price has soared from Rs 221 to Rs 396. During this period, it reached a high of Rs 421. The company's cash flow and profits have seen consistent improvement, which is a positive sign for investors.

Reliance Home Finance

The stock of this company has performed even better. In just 3 months, its stock has climbed 143 per cent, rising from Rs 3 to Rs 8. This is also the company's 52-week high. It has gained more than 20 per cent in just one month.

There are many reasons behind this unmatched growth. Experts believe that the strategic changes taking place in the group, strong financial indicators and new partnerships have attracted investors. Especially the joint venture in the defence sector between Reliance Infrastructure and the German company Rheinmetall has given a new direction to the group's growth prospects. At the same time, Reliance Power has signed a 25-year solar and battery storage project PPA with Bhutan's Druk Green Power, which is one of the largest projects in Asia.