Reliance ADAG group’s decision to reduce its stake in the business will help assuage investor concerns
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shares his evaluation of the Reliance ADAG group of companies post Anil Ambani’s statements yesterday. He says the companies under the group have a number of intends but sees no ‘concrete or material progress’ and hence, says the rise and fall in the stocks is expected.
Nakoda Limited (BSE code: 521030), one of India’s largest players in the fully drawn yarn segment, has commenced its Wind Power project in Ratlam, MP.