ADAG firms shed nearly 10 pc on CBI probe

September 30, 2011 13:03

Shares of Anil Ambani-led Reliance Group companies fell by nearly 10 per cent on the bourses today, even as the group asserted that it was not a beneficiary of any telecom licence issued in January, 2008.
The group's telecom arm, RCom, saw its shares plunge by 8.11 per cent to a low of Rs 71.35 in morning trade, while Reliance Capital tumbled by 9.91 per cent to a 52-week low of Rs 323.55 on the BSE. Shares of other group firms, RPower, Reliance Infra, Reliance Mediaworks and Reliance Broadcast, also fell sharply.

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