Anil Ambani Strikes Gold As Reliance Home Finance Hit Upper Circuit Again

By Lokmat English Desk | Updated: May 27, 2025 16:07 IST2025-05-27T16:06:48+5:302025-05-27T16:07:48+5:30

Shares of Anil Ambani’s company, Reliance Home Finance Limited, have been witnessing a consistent and sharp rally. On Tuesday, ...

Anil Ambani Strikes Gold As Reliance Home Finance Hit Upper Circuit Again | Anil Ambani Strikes Gold As Reliance Home Finance Hit Upper Circuit Again

Anil Ambani Strikes Gold As Reliance Home Finance Hit Upper Circuit Again

Shares of Anil Ambani’s company, Reliance Home Finance Limited, have been witnessing a consistent and sharp rally. On Tuesday, the company’s shares once again hit the 10% upper circuit. On Monday as well, the stock had surged by nearly 10%. With this, the share price has now climbed to ₹4.40, up from the previous close of ₹4.00. In the past five trading sessions alone, the stock has jumped by 35%. This surge is attributed to the company's Q4 (January–March) financial results, which were released recently.

Long-Term Performance

Despite the recent uptick, the stock has experienced a massive long-term decline of around 96%. On September 22, 2017, the share price was ₹107. Comparing that to the current price, it has dropped significantly. However, in the last six months, the stock has gained 93%, and 12% since the beginning of this year. The 52-week high for the stock is ₹5.80, while the 52-week low is ₹2.15. The company currently has a market capitalization of ₹213.21 crore.

Q4 Financial Results

Reliance Home Finance reported a net loss of ₹68.8 lakh in the quarter ending March 2025. This is a substantial improvement compared to the ₹674.9 lakh loss in the same quarter last year, reflecting a significant recovery. Over the financial year, the company has reduced its losses by nearly 90%. In FY 2018-19, the net loss stood at ₹24.17 crore, which was brought down to ₹3.55 crore in the previous fiscal. This marked reduction in losses is considered a positive sign of turnaround for the company.


 

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