Reliance Power shares soar 10%, snap 4-day losing streak. What’s triggering the sharp surge?

July 1, 2026

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.

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