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ADAG stocks rally on CBI remarks in 2G scam

India Infoline News Service/ 16:24 , Aug 29, 2011

Shares of ADAG Cos surge 4% to 7% following CBI statement

Shares of all ADAG companies rallied on Monday afternoon after the CBI told a trial court in New Delhi that it was not sure if any employee of the Anil Ambani group companies had any direct links with the 2G scam.

 

Meanwhile, the Supreme Court is scheduled to hear the bail pleas of Unitech Wireless' MD Sanjay Chandra and Swan Telecom's Director Vinod Goenka today.

 

The shares of RCOMM closed at Rs. 76.65, up 6.09% against the previous close. Reliance Broadcast Network was up 3.3% at Rs, 78.15. Reliance Infra was up 4.6% at Rs. 435.90. Reliance Capital was trading at Rs. 377.65, up by 9.72%. Reliance Mediaworks surged 4.9% and Reliance Power 7.1% to Rs. 92.75 and Rs. 83.50 respectively.


 



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