Wed Oct 02 02:19:55 UTC 2024: ## Anil Ambani’s Companies Surge in Value, Reliance Power Breaks 52-Week High

**Mumbai, India** – Shares of Reliance Power and Reliance Infrastructure experienced significant gains on October 1st, with Reliance Power hitting a 52-week high.

Reliance Power’s shares jumped by 5%, opening at ₹51.10, pushing the company’s market capitalization above ₹2,052,672 crore. Meanwhile, Reliance Infrastructure saw a 1% increase, opening at ₹342.

These gains come amidst news that the board of directors of Retail Infrastructure will meet on Tuesday to discuss long-term financial resources.

The recent surge in value has led to speculation that Anil Ambani could be on the path to becoming a billionaire once again.

These developments follow a trend of positive news for Indian companies, with other companies like Hazoor Multi Projects, Mercury EV-Tech, Sudarshan Pharma Industries, and PC Jeweller also experiencing significant growth.

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