Reliance Power shares soar 18%, snap 4-day losing streak. What’s triggering the sharp surge?

Reliance Power shares rose sharply on Wednesday, snapping a four-day losing streak after the company announced plans to expand into artificial intelligence and technology-driven businesses through its subsidiaries. The company renamed four subsidiaries to reflect the AI-focused strategy, boosting investor sentiment despite weak recent financial performance. Listen to this article in summarized format (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

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Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price How data-fogged MCA annual report fails to mirror India Inc’s health NSE, Jio mega IPOs: Why size doesn’t matter, valuations do What will the NSE IPO price be? Unlisted market deals offer clues. Akasa aims to be a 226-aircraft airline by 2032, IPO in 2-4 years

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