JACKPOT for investors of this Anil Ambani company as it provides 133% returns in..., not Reliance Power, Reliance Infra, the company is...
Anil Ambani (File)
In a major boost for investors of Anil Ambani-led Reliance Group, the shareholders of the group's little-known Reliance Home Finance, has have earned a return of 133 percent on their investment in just month. According to data from the Bombay Stock Exchange (BSE), Reliance Home Finance shares, which were trading below Rs 10 a little while ago, have surged by 133.03 percent in a single month, gaining 18.86 percent in the past week, and an impressive 51.08 percent over two weeks.
The stock of Reliance Home Finance has significantly outpaced the more prominent firms of Anil Ambani-led Reliance Group, such as Reliance Power and Reliance Infrastructure. As per data, investor have received one-month return of 133.03 per cent, compounded by a three-month surge of 149.68 percent, and six-month appreciation of over 101 percent. Why Reliance Home Finance stock has surged rapidly?
According to analysts, speculative interest, short-term momentum, and low base effect, could be among the factors driving the rise of the stocks, even as the company has not publicly announced any significant turnaround in recent months. Currently, the market capitalisation of Reliance Home Finance stands at Rs 372.63 crore.
Meanwhile, despite its golden run, the company lacks a Durability Score, making it ineligible due to weak or inconsistent financials, as per Trendlyne data.
Analysts have also warned that the company's stock is currently in the 'P/E Sell Zone', which means it traded below its current P/E ratio of 15.3 nearly 80 percent of the time, indicating that most of the immediate upside could already be priced in. Reliance Infra scripts history
Meanwhile, Anil Ambani-led Reliance Infrastructure achieved a historic milestone in India's defense sector, by becoming the first private firm to independently carry out a complete upgrade programme of a military aircraft without an original manufacturer (OEM).
According to details, Anil Ambani-led Reliance Infra has successfully upgraded 55 Dornier-228 aircraft under a contract signed with state-owned Hindustan Aeronautics Limited (HAL), in which US-based Genesys Aerosystems was also a technical partner. The initial contract was for 37 aircraft, but Reliance Infra secured another order for 18 more Dornier-228 upgrades after successfully completing the first order.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
23 minutes ago
- Indian Express
Meta takes AI firm behind ‘nudify' apps to court over ads on Facebook, Instagram
Meta has said it has filed a lawsuit against a Hong Kong-based company behind 'nudify' apps, as part of its broader crackdown on AI tools that let users generate fake sexually explicit images of individuals without their consent. The tech giant announced it has sued CrushAI app developer Joy Timeline HK Limited to prevent the company from advertising its products on Meta's platforms. 'This follows multiple attempts by Joy Timeline HK Limited to circumvent Meta's ad review process and continue placing these ads, after they were repeatedly removed for breaking our rules,' Meta said in a blog post published last week. The Facebook parent also said it has developed a new AI system capable of finding, detecting, and taking down ads for nudify apps and websites on its platforms more quickly. 'We've worked with external experts and our own specialist teams to expand the list of safety-related terms, phrases and emojis that our systems are trained to detect within these ads,' it said. 'We've also applied the tactics we use to disrupt networks of coordinated inauthentic activity to find and remove networks of accounts operating these ads,' Meta added. The move comes amid a surge in AI-powered 'nudify' apps on the internet. These apps use generative AI to turn full-clothed images into realistic nude images of victims. Reports have previously suggested that students learn about these nudify apps or websites through ads on Instagram and other social media platforms. In addition, Meta's announcement comes nearly a month after US President Donald Trump signed the landmark Take It Down Act into law. The new legislation makes it illegal to to share explicit images of individuals without their consent. Revenge porn as well as fake AI-generated sexual images are also covered under the scope of the new act. Meta said that over the past six months, its 'expert teams' have taken down four separate networks of accounts that sought to run ads promoting nudify apps on its platforms. It also revealed that the bad actors behind these apps would evolve their tactics to avoid detection. 'For example, some use benign imagery in their ads to avoid being caught by our nudity detection technology, while others quickly create new domain names to replace the websites we block,' Meta said. The company further re-emphasised that its updated policies do not allow the promotion of nudify apps or similar services on its platforms. It also restricts search terms such as 'nudify', 'undress', and 'delete clothing' on Facebook and Instagram so they don't show results. Meta said it will start sharing information like URLs in order to enable other platforms to remove nudify-related content as well. So far, it has provided more than 3,800 URLs to tech companies that are part of the Tech Coalition's Lantern programme. This is in addition to the signals about violating child safety activity, including sextortion, that are already shared by Meta. The company finally said it will continue to support legislation that requires app stores like Google Play Store and Apple App Store to verify a user's age and, if the user is underage, obtain parental consent before downloading the app. Such legislation has intensified the clash between app store operators (like Google and Apple) and major social media platforms (such as Meta, X, and Snap) over who is responsible for the online safety of young users. Both Utah and Texas have adopted similar legislation that puts the burden of responsibility on app stores.
News18
28 minutes ago
- News18
BCCI Cuts Allowances, Streamlines Travel Policy; Will Release Pending Allowances
BCCI will release pending daily allowances for staff after revising policy. BCCI The daily allowances for the Board of Control for Cricket in India (BCCI) staff across departments, pending since January, will be released following the board's senior management streamlining the domestic 'tournament allowance policy'. Under the existing BCCI travel policy, employees receive a per diem of Rs 15,000 for short-term travel (up to four days) and Rs 10,000 for long-term travel, typically for the Indian Premier League (IPL), Women's Premier League (WPL), and ICC events hosted by India. A one-time incidental allowance of Rs 7,500 is also provided during travel. The revised policy removes the incidental allowance. Employees will now receive a flat rate of Rs 10,000 per day while travelling. The IPL window lasts slightly over two months, and ICC events last at least a month. A BCCI source told PTI that after tax deductions at source, the per-day allowance amounts to Rs 6,500. Due to the impending policy revision, BCCI staff, including finance, operations, and media departments, have not received their daily allowances for the IPL and WPL. With the policy now finalised, their dues should be settled soon. 'A clear cut policy was needed in terms of allowances as some employees were claiming allowances even when they were operating out of the Mumbai headquarters during tournaments. Now that it has been devised, the dues will be cleared soon," added the source. For example, an employee travelling for the entire 70-day IPL would receive a daily allowance of Rs 10,000, totalling Rs 7 lakh. Those with limited travel during the IPL can claim only 60 per cent of the 70-day allowance, while those not travelling at all can claim 40 per cent of the amount accrued for 70 days. For foreign travel, most BCCI employees receive USD 300 per day. Honorary office-bearers, including the president, secretary, treasurer, vice-president, and joint secretary, receive a daily allowance of USD 1,000 on foreign tours. They also receive Rs 40,000 for a one-day meeting within India and Rs 30,000 per day for multi-day domestic work trips. First Published:
Time of India
33 minutes ago
- Time of India
Kolkata port records strong cargo growth in April-May amidst geopolitical tensions
Syama Prasad Mookerjee Port (SMP), Kolkata, on Sunday said it began FY26 on a strong note, recording a 27.56 per cent year-on-year growth in cargo handling during April-May 2025, despite global geopolitical tensions. The port handled 11.252 million metric tonnes (MMT) of cargo in the two-month period, up from 8.821 MMT during the same time last year, officials said. Of the total cargo handled, Haldia Dock Complex (HDC) accounted for 8.139 MMT, while Kolkata Dock System (KDS) handled 3.113 MMT. This represents a 27.45 per cent increase at HDC and 27.84 per cent at KDS over April-May 2024, the port said in a statement. The Kolkata-based riverine port had a robust growth across multiple cargo segments, officials added. HDC saw higher volumes of petroleum products, other liquids, vegetable oil, various categories of coal, fly ash, and containers. Live Events KDS also posted increased handling of finished fertilizers, pulses, foodgrains, timber, and container cargo, it added. Notably, HDC handled thermal coal, raw petroleum coke, and 29,000 tonnes of iron and steel for the first time during this period. Meanwhile, KDS registered fresh volumes in coking coal, timber, and foodgrains - commodities not handled in the same months last year. In container traffic, the port handled 1,53,037 TEUs during April-May 2025, up 31.23 per cent from 1,16,620 TEUs handled a year ago period. TEU stands for Twenty-foot Equivalent Unit. It's a standard unit of measurement used to quantify the cargo capacity of container ships and terminals. Container movement at HDC surged over 76 per cent year-on-year, while KDS grew around 24 per cent. PTI
