ADAG shares witness strong gains with heavy volumes; majority of its stocks turn into multibaggers with Reliance Infra surging over 300 per cent!

Top performer being Reliance Infrastructure with a whopping gain of over 300 per cent

The shares of Anil Dhirubhai Ambani Group (ADAG) companies were in focus with Reliance Capital freezing at the upper circuit on NSE today on the back of heavy volumes. The stock recorded its highest single-day volume in the last one month.   

Though the stock of Reliance Capital got locked at its upper circuit, the highest gainer stock of the group is Reliance Infrastructure as it jumped nearly 16 per cent along with robust volume. The total traded volume for the day stands at a staggering 87 lakh, which is the highest single-day traded volume in almost the last five months. It’s followed by Reliance Power (RPOWER), which surged nearly 7 per cent with a volume of more than 2.5 crore, which is the highest in the last one and a half months. Meanwhile, Reliance Communications (RCOM) is trading with gains of over 2 per cent on Tuesday.   

Here is the performance of the stocks of ADAG from December 31, 2019, to date.  

Interestingly, three out of four stocks turned multibagger ">Multi-baggers with the top performer being Reliance Infrastructure with a whopping gain of over 300 per cent, followed by Reliance Power and Reliance Communications whereas Reliance Capital delivered negative returns!