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Shares of Anil Ambani Group companies traded in the red on Thursday, February 12, as investor sentiment weakened following fresh developments in an ongoing money laundering probe. Reliance Communication slipped nearly 0.94%, while Reliance Power declined 1.79% in early trade, reflecting market concerns over the legal and regulatory overhang on the group.Reliance Power Ltd shares have witnessed sharp correction over the past six months, reflecting heightened volatility and cautious investor sentiment. The stock is currently trading at ₹27.37 on the NSE, down 16.59 points or nearly 37.74% during this period, amid broader market weakness and ongoing regulatory and legal developments linked to the Anil Ambani Group.Despite the recent decline, the long-term performance of the stock remains impressive. Reliance Power has delivered stellar returns of over 757% in the past five years and more than 126% gains over the last three years, significantly rewarding long-term investors who stayed invested through market cycles. This highlights the sharp contrast between short-term volatility and sustained long-term wealth creation.The stock’s price movement over the past year underscores the intense fluctuations witnessed by investors. Reliance Power touched its 52-week high of ₹76.49 on June 11, 2025, driven by renewed interest in power sector stocks and expectations of operational improvements. However, it later corrected sharply to hit its 52-week low of ₹26.83 on January 27, 2026, indicating profit booking, broader market uncertainty, and stock-specific concerns.Market participants remain watchful, as sentiment around Anil Ambani Group companies continues to be influenced by ongoing investigations and regulatory actions. While the near-term outlook remains volatile, the stock’s strong long-term performance suggests that investors continue to see potential value in the company’s underlying assets and future growth prospectsThe weakness in stock prices comes after the Enforcement Directorate (ED) issued fresh summons to Reliance Group chairman Anil Ambani and his wife Tina Ambani, directing them to appear for questioning on February 17 and 18 in connection with an alleged money laundering case involving over ₹40,000 crore. According to the agency, multiple arrests have already been made, extensive searches conducted, and assets worth ₹12,012.45 crore have been provisionally attached so far under the Prevention of Money Laundering Act (PMLA).The Supreme Court, while hearing the matter on February 4, directed the ED and the Central Bureau of Investigation (CBI) to expedite their probes, observing that both agencies had already taken considerable time before stepping up action. The court also suggested the formation of a Special Investigation Team (SIT) comprising senior officers and forensic auditors to ensure a comprehensive investigation. Complying with the court’s direction, the ED constituted an SIT led by an additional director-rank officer, supported by a team of investigators.During the hearing, senior advocate Mukul Rohatgi, representing Anil Ambani, assured the court that his client would not leave the country without prior permission, after concerns were raised by petitioner’s counsel Prashant Bhushan regarding the possibility of flight risk. The next hearing in the case is scheduled for March 10.

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A major case of alleged financial fraud has come to light in Mumbai, where a complaint has been ... ...

Shares of Anil Ambani’s Reliance Power is in focus today after Enforcement Directorate (ED) officials on Friday conducted searches ... ...

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New Delhi [India], February 25 The Enforcement Directorate (ED) has attached Mumbai's Pali Hill Residential property 'Abode' of industrialists ... ...

Shares of Anil Ambani-owned Reliance Power have been declining over the past few months. On Tuesday, the stock fell ... ...

The Enforcement Directorate has issued fresh summons to Reliance Group chairman Anil Ambani to appear for questioning on February ... ...

Shares of Anil Ambani Group companies traded in the red on Thursday, February 12, as investor sentiment weakened following ... ...